Iceland flagSiglufjordur, Iceland

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Some random facts about Iceland

Public debt:23.5% of GDP (2006 est.)
GDP - real growth rate:2.6% (2006 est.)
Reserves of foreign exchange and gold:$1.018 billion (August 2006 est.)
Public debt:23.5% of GDP (2006 est.)
Military - note:under a 1951 bilateral agreement, Iceland's defense was provided by a US-manned Icelandic Defense Force (IDF) headquartered in Keflavik; in October 2006, all US military forces in Iceland were withdrawn; nonetheless, the US and Iceland signed a Joint Understanding to strengthen their bilateral defense relationship, including regular security consultations, military communications in the event of national emergencies, annual bilateral exercises on Icelandic territory, and future bilateral and NATO support to four Iceland Air Defense System (IADS) radar sites

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