Digraph: IC
Type: republic
Capital: Reykjavik
Administrative divisions: 23 counties (syslar, singular - sysla) and 14 independent towns* (kaupstadhir, singular - kaupstadhur); Akranes*, Akureyri*, Arnessysla, Austur-Bardhastrandarsysla, Austur-Hunavatnssysla, Austur-Skaftafellssysla, Borgarfjardharsysla, Dalasysla, Eyjafjardharsysla, Gullbringusysla, Hafnarfjordhur*, Husavik*, Isafjordhur*, Keflavik*, Kjosarsysla, Kopavogur*, Myrasysla, Neskaupstadhur*, Nordhur-Isafjardharsysla, Nordhur-Mulasys-la, Nordhur-Thingeyjarsysla, Olafsfjordhur*, Rangarvallasysla, Reykjavik*, Saudharkrokur*, Seydhisfjordhur*, Siglufjordhur*, Skagafjardharsysla, Snaefellsnes-og Hnappadalssysla, Strandasysla, Sudhur-Mulasysla, Sudhur-Thingeyjarsysla, Vesttmannaeyjar*, Vestur-Bardhastrandarsysla, Vestur-Hunavatnssysla, Vestur-Isafjardharsysla, Vestur-Skaftafellssysla
Independence: 17 June 1944 (from Denmark)
Constitution: 16 June 1944, effective 17 June 1944
Legal system: civil law system based on Danish law; does not accept compulsory ICJ jurisdiction
National holiday: Anniversary of the Establishment of the Republic, 17 June (1944)
Political parties and leaders: Independence Party (conservative), David ODDSSON; Progressive Party, Steingrimur HERMANNSSON; Social Democratic Party, Jon Baldvin HANNIBALSSON; People's Alliance (left socialist), Olafur Ragnar GRIMSSON; Women's List
Suffrage: 18 years of age; universal
Elections:
President: last held on 29 June 1988 (next scheduled for June 1996); results - there was no election in 1992 as President Vigdis FINNBOGADOTTIR was unopposed
Althing: last held on 20 April 1991 (next to be held by April 1995); results - Independence Party 38.6%, Progressive Party 18.9%, Social Democratic Party 15.5%, People's Alliance 14.4%, Womens List 8.3%, Liberals 1.2%, other 3.1%; seats - (63 total) Independence 26, Progressive 13, Social Democratic 10, People's Alliance 9, Womens List 5
Executive branch: president, prime minister, Cabinet
Legislative branch: unicameral Parliament (Althing)
Judicial branch: Supreme Court (Haestirettur)
Leaders:
Chief of State: President Vigdis FINNBOGADOTTIR (since 1 August 1980)
Head of Government: Prime Minister David ODDSSON (since 30 April 1991)
Member of: Australian Group, BIS, CCC, CE, CSCE, EBRD, ECE, EFTA, FAO, GATT, IAEA, IBRD, ICAO, ICC, ICFTU, IDA, IFC, ILO, IMF, IMO, INMARSAT, INTELSAT, INTERPOL, IOC, ISO (correspondent), ITU, LORCS, MTCR, NACC, NATO, NC, NEA, NIB, OECD, PCA, UN, UNCTAD, UNESCO, UPU, WEU (associate), WHO, WIPO, WMO
Flag: blue with a red cross outlined in white that extends to the edges of the flag; the vertical part of the cross is shifted to the hoist side in the style of the Dannebrog (Danish flag)