temperate; moderated by North Atlantic Current; mild, windy winters; damp, cool summers
Agricultural:
potatoes, turnips; cattle, sheep; fish.
Economy:
Iceland's Scandinavian-type economy is basically capitalistic, yet with an extensive welfare system, low unemployment, and remarkably even distribution of income. In the absence of other natural resources (except for abundant hydrothermal and geothermal power), the economy depends heavily on the fishing industry, which provides 70% of export earnings and employs 12% of the work force. The economy remains sensitive to declining fish stocks as well as to drops in world prices for its main exports
Industry:
fish processing; aluminum smelting, ferrosilicon production, geothermal power; tourism
Ethnicgroups:
homogeneous mixture of descendants of Norse and Celts
Vaccination requirements:
No vaccination requirements for any international traveller.