Electricity: 1,063,000 kW capacity; 5,165 million kWh produced, 20,780 kWh per capita (1989)
Industries: fish processing, aluminum smelting, ferro-silicon production, hydropower
Agriculture: accounts for about 25% of GDP (including fishing); fishing is most important economic activity, contributing nearly 75% to export earnings; principal crops—potatoes and turnips; livestock—cattle, sheep; self-sufficient in crops; fish catch of about 1.6 million metric tons in 1987
Aid: US commitments, including Ex-Im (FY70-81), $19.1 million
Currency: krona (plural—kronur); 1 Icelandic krona (IKr) = 100 aurar
Exchange rates: Icelandic kronur (IKr) per US$1—60.751 (January 1990), 57.042 (1989), 43.014 (1988), 38.677 (1987), 41.104 (1986), 41.508 (1985)
Fiscal year: calendar year
- Communications Highways: 12,343 km total; 166 km bitumen and concrete; 1,284 km bituminous treated and gravel; 10,893 km earth
Ports: Reykjavik, Akureyri, Hafnarfjordhur, Keflavik, Seydhisfjordhur,
Siglufjordur, Vestmannaeyjar; numerous minor ports
Merchant marine: 18 ships (1,000 GRT or over) totaling 62,867 GRT/87,610 DWT; includes 9 cargo, 2 refrigerated cargo, 1 container, 2 roll-on/roll-off cargo, 1 petroleum, oils, and lubricants (POL) tanker, 1 chemical tanker, 2 bulk