The country with the chilly name is rapidly becoming one of Europe's hottest destinations. Much of Iceland's popularity is due to its natural features, which include glaciers, hot springs, geysers, active volcanoes, portentous peaks and vast lava deserts.
In addition to its expansive landscape, it has a rich history and folklore tradition. However, Iceland's appeal is tempered by the most expensive prices in Europe. That doesn't mean it can't be visited on a shoestring, but it does mean that budget travellers will have to work a little harder.
Full country name: Republic of Iceland
Area: 103,000 sq km
Population: 281,000
Capital City: Reykjavik
People: 97% Icelanders
Language: Icelandic, English
Religion: 95% Evangelical Lutheran, 3% other Protestant denominations, 1% Roman Catholic & some followers of Ásatrú, an ancient Norse religion
Government: constitutional republic
Head of State: President Ólafur Ragnar Grímsson
Head of Government: Prime Minister Halldór Ásgrímsson
GDP: US$8.44 billion
GDP per capita: US$30,200
Annual Growth: 1.7%
Inflation: 1.9%
Major Industries: Fishing, aquaculture, aluminium smelting & geothermal power
Major Trading Partners: EU (esp. Germany, Norway, UK, Denmark, Sweden), USA
Member of EU: No
Introduction of Iceland
