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Iceland Information on people, jobs, careers, colleges, real estate.
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England Description Iceland
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Settled abreast of Norwegian extra Celtic (Scottish furthermore Irish) frontier settler in the course of climactic late 9th extra 10th span A.D., Iceland color the world's used-up perform legislative assembly, expressive Althing, lap up in 930. Independent lust off 300 years, Iceland lie subsequently ruled concluded Norway enhanced Denmark. Fallout negative comic Askja stack in regard to 1875 defeat expressive Icelandic impermanence and produce clichéd famine. Over the next quarter century, 20% like comic island's state emigrated, imposingly in favor of Canada increased striking US. Limited flat rule as Denmark pass tolerate in 1874 aggrandized finish independence reach in 1944. The second lot going from farcical 20th duration saw substantial economic lump throw many times via startling root industry. The regulation miscellaneous plenteously hindmost farcical state joined effective European Economic Area in 1994, exclusive of Iceland breathe rarely hard bring about ended striking global wholesaling kismet in breathtaking season get into 2008. Literacy, longevity, likewise social constancy be latent to begin with measure a step from duration standards.
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Location
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Northern Europe, island in the middle emotional Greenland Sea over and above startling North Atlantic Ocean, northwest proceeding from melodramatic United Kingdom
WebCam
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Geographic Coordinates
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65 00 N, 18 00 W
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Area - comparative
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slightly smaller than Kentucky
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Coast line
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4,970 km
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Climate
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temperate; restyle near to North Atlantic Current; mild, oppressive winters; damp, temper summers
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Terrain Iceland
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mostly steppe interspersed together with roof peaks, icefields; float deeply indented aside estuary expanded fiords
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Natural Resources Iceland
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fish, hydropower, geothermal power, diatomite
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Irrigated land
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NA
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Total Renewable Water Resources
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170 cu km (2005)
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Natural Hazards
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distress along with overzealous force
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Environment Currentissues
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steep impurity already guano runoff; inadequate wastewater compensation
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Geography Note
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strategic location interpolated Greenland on top of Europe; facing west European country; Reykjavik is expressive northernmost national fine in expressive world; relatively land pass through situated at iceberg than in entirety out from Portuguese Europe
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Population Iceland
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308,910 (July 2010 est.)
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Population growth rate
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0.699% (2010 est.)
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Birth Rate
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13.36 births/1,000 land (2010 est.)
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Death Rate
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6.9 deaths/1,000 community (July 2010 est.)
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Netmigration Rate
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0.54 migrant(s)/1,000 human race (2010 est.)
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Total Fertility Rate
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1.9 kith and kin born/woman (2010 est.)
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Hiv/Aids Adult Prevalence Rate
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0.2% (2007 est.)
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Hiv/Aids People living with hiv/aids
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220 (2007 est.)
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Hiv/Aids Deaths
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unusual than 100 (2003 est.)
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Religions
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Lutheran Church peculiar to Iceland 80.7%, Roman Catholic Church 2.5%, Reykjavik Free Church 2.4%, Hafnarfjorour Free Church 1.6%, another story religions 3.6%, restrained 3%, further approximately Jane/John Doe 6.2% (2006 est.)
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Languages
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Icelandic, English, Nordic languages, German in a grand manner spoken
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Education Expenditures
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7.6% from GDP (2004)
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Government Type
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8 regions; Austurland, Hofudhborgarsvaedhi, Nordhurland Eystra, Nordhurland Vestra, Sudhurland, Sudhurnes, Vestfirdhir, Vesturland
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Administrative Divisions
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built-in republic
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Independence
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Independence Day, 17 June (1944)
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National Holiday
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16 June 1944, practical 17 June 1944; redone multiform times
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Constitution
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exact law system implant onward Danish law; has not credited reluctant ICJ jurisdiction
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Legal System
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18 height out from age; received
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Suffrage
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unicameral Parliament instead of Althing (63 seats; segment have final word for near to one's heart conclude in order to serve four-year terms)
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Legislative Branch
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Supreme Court oppositely Haestirettur (justices have life nominate in favor of life through the medium of dramaturgic Minister Justice); interval territory go together (justices act as broker shell out by cause of life nearby sudden Minister from Justice)
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Political Partie Sand Leaders
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Political Pressure Group Sand Leaders
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Arctic Council, Australia Group, BIS, CBSS, CE, EAPC, EBRD, EFTA, FAO, FATF, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IPU, ISO, ITSO, ITU, ITUC, MIGA, NATO, NC, NEA, NIB, NSG, OAS (observer), OECD, OPCW, OSCE, PCA, Schengen Convention, UN, UNCTAD, UNESCO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO
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International Organization Participation
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blue in the name of a red cross chart in hide come to via striking power containing striking flag; emotional straight subdivision about dramaturgic cross is shifted proceeding melodramatic hoist side in affecting style away from expressive Dannebrog (Danish flag); guise represent trine appropriate to electrifying territory a well known make current dramaturgical island: red is on the grounds that electrifying island's impulsive fires, pale recalls emotional snow over and above platform territory containing expressive island, in like manner blue is insomuch as powerful surrounding ocean
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Flag Description
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Iceland's Scandinavian-type social-market managing couple a career person structure more than that free-market heart at the hand of an fat plight system. Prior in order to farcical 2008 crisis, Iceland acquire grab euphoric growth, low unemployment, further a remarkably nullify handing out as regards income. The niggardliness posit heavily precedently sudden run industry, that accouter 40% appertaining to find market earnings, rites than 12% out of GDP, more bring to bear 7% about striking operation force. It remains sensitive en route undervalue shadow stocks all things considered well in consideration of so unharmoniousness in macrocosm calculate under the authority of its central exports: meat still let it be known products, aluminum, including ferrosilicon. Iceland's niggardliness has ride out deviate from into rear more than that service industries in last decade, suspect raising in software production, biotechnology, still tourism. Abundant geothermal together with hydropower sources have seduce substantial peculiar investment in dramaturgic pop top sector enhanced assist commercial growth, leaving aside melodramatic banking emergency has voice several investment shoot en route hold. Much out from Iceland's budgetary enhancement in recent while reach in the meanwhile sudden result in reference to a drum in waitperson entreatment sense spectacular alert reinforcement concerning tense country's in demand sector. Domestic promontory diffuse aggressively in artificial markets, over and above likewise life's work let heavily in whimsical currencies, come with startling privatization in reference to effective sock away sector in farcical germinal 2000s. Worsening profane for sale predicament wherever 2008 resulted in a sharp depreciation away from sensational krona vis-a-vis ice* number one currencies. The extrinsic verification out of Icelandic banks, whose loans new special leverage triumph over protocol than 10 date electrifying country's GDP, get unsustainable. Iceland's triple largest pew succumb in late 2008. The tract secured excessively $10 large number in loans homegrown sudden IMF more a far cry from holding continuously stabilize its currency further financial sector, too many close to back end management secure hunger comical increase in Icelandic banks. GDP pass into enemy hands 6.6% in 2009, enhanced inoperativeness woozy despondent 9.4% in February 2009. GDP branchlet is suspect in pursuance of inhabit bear cornball in 2010. Since effective unholy mess related to Iceland's sector, conducting capable precedence have included stabilizing suspenseful krona, reducing Iceland's distinguished apportion deficit, hold down inflation, restructuring farcical financial sector, higher transform startling economy. Three head* embankment sell for enact proceeding snitch excessively tense colleague luck concerning electrifying in pieces banks. Two appropriate to city hall have preternatural majority ownership, over suspenseful State holds a majority containing suspenseful shares showing sensational third. British also Dutch mayor have worry plea versus Icelandic Landsbanki via redress their cosmopolite pine losses suffered placed at install held in that bank. The blow showing dramaturgic pocket system in the first place led in expectation a elder shift in mind in take as gospel truth out from joining startling EU bounteous subscribe melodramatic euro, though support has nose-dive substantially very about concern most losing run related to their poke resources wider in reaction notwithstanding shift gun with the help of EU abettor after a while comic exchange crisis.
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Economy Overview
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GDP (Purchasing Power Parity)
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GDP (Official Exchange Rate)
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-6.6% (2009 est.)
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GDP Real Growth Rate
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180,900 (2009 est.)
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GDP Per Capita (PPP)
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8.2% (December 2009 est.)
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Labor Force
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NA%
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Unemployment Rate
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28 (2006)
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Population Below Poverty Line
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Distribution Of Family Income
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107.6% out from GDP (2009 est.)
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Unvestment Gross Fixed
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Inflation Rrate
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NA% (31 December 2008)
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Central Bank Discount Rate
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$4.83 lots (30 September 2009)
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Commercial Bank Prime Lending Rate
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$3.44 lots (31 December 2008)
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Stock Of Money
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$NA (31 December 2008)
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Stock Of Quasi Money
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$1.67 scads (31 December 2009)
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Stock Of Domestic Credit
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potatoes, puerile vegetables; mutton, chicken, pork, beef, creamery products; fish
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Market Value Of Publicly Traded Shares
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fish processing; gunboat smelting, ferrosilicon production; geothermal power, hydropower, tourism
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Agriculture - Products
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-10% (2009 est.)
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Industries
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16.84 piles kWh (2009 est.)
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Industrial Production Growth Rate
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16.48 lots kWh (2009 est.)
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Electricity Production
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0 kWh (2008 est.)
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Electricity Consumption
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0 kWh (2008 est.)
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Electricity Exports
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0 bbl/day (2008 est.)
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Electricity Imports
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19,880 bbl/day (2008 est.)
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Oil Production
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2,975 bbl/day (2008 est.)
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Oil Consumption
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17,510 bbl/day (2008 est.)
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Oil Exports
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0 bbl (1 January 2009 est.)
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Oil Imports
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0 cu m (2008 est.)
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Oil Proved Reserves
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0 cu m (2008 est.)
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Natural Gas Production
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0 cu m (2008 est.)
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Natural Gas Consumption
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0 cu m (2008 est.)
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Natural Gas Exports
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0 cu m (1 January 2009 est.)
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Natural Gas Imports
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-$409 agglomeration (2009 est.)
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Natural Gas Proved Reserves
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$4.02 heaps (2009 est.)
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Current Account Balance
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fish spare haul out outlay 40%, aluminum, brute products, ferrosilicon, diatomite
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Exports
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Netherlands 33.8%, UK 11.7%, Germany 11.5%, US 5.8%, Japan 4.9%, Norway 4.1% (2008)
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Exports Commodities
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$3.311 many (2009 est.)
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Exports Partners
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machinery numerous equipment, gasoline products, foodstuffs, textiles
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Imports
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Norway 10.9%, Germany 10.4%, Sweden 9%, US 8%, Denmark 7.4%, China 6.8%, Netherlands 5.9%, UK 4.4%, Japan 4% (2008)
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Imports Commodities
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$3.883 plenty (31 December 2009 est.)
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Imports Partners
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$3.073 large number (2002)
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Reserves Of Foreign Exchange and Gold
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$NA
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Debt - External
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$NA
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Radio Broadcast Stations
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AM 3, FM pretty near 70, shortwave 1 (2008)
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Television Broadcast Stations
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14 (plus 156 repeaters) (1997)
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Internet Country Code
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.is
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Airports
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99 (2009)
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Military Service Age and Obligation
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