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Iceland

unitary parliamentary republic

Settled by Norwegian and Celtic (Scottish and Irish) immigrants during the late 9th and 10th centuries A.D., Iceland boasts the world's oldest functioning legislative assembly, the Althingi, which was established in 930. Independent for over 300 years, Iceland was subsequently ruled by Norway and Denmark. Fallout from the Askja volcano of 1875 devastated the Icelandic economy and caused widespread famine.

Profile

CapitalReykjavik
Population364K
GDP$26.6B
Area103,000 km²
CurrencyIcelandic kronur (ISK) per US dollar -

Leadership

Head of State

Halla Tómasdóttir

Since 2024

Head of Government

Kristrún Mjöll Frostadóttir

Since 2024

At a Glance

Population

364K

GDP (PPP)

$27B

Global Rankings

24thGDP per Capitaof 217152ndGDP (PPP)of 2197thLife Expectancyof 226176thPopulationof 233108th

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