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Iceland is a country of northwestern Europe, comprising the island of Iceland and its outlying islets in the North Atlantic Ocean between Greenland, Norway, Ireland, Scotland and the Faroe Islands. As of April 2007, it had a population of 309,699.
Capital: Reykjavík
Languages: Icelandic (de facto)
Currency: Icelandic króna (ISK)
Iceland is located in the North Atlantic Ocean just south of the Arctic Circle, which passes through the small island of Grímsey off Iceland's northern coast, but not through mainland Iceland. Unlike neighboring Greenland, Iceland is considered to be a part of Europe, not of North America, though geologically, the island belongs to both continents. Because of cultural, economic and linguistic similarities, Iceland in many contexts is also included in Scandinavia. It is the world's eighteenth-largest island, and Europe's second largest island following Great Britain.
Approximately eleven percent of the island is glaciated. Many fjords punctuate its 4,970 kilometer (3,088 mi) long coastline, which is also where most towns are situated because the island's interior, the Highlands of Iceland, is a cold and uninhabitable combination of sands and mountains. The major towns are the capital Reykjavík, Keflavík, where the international airport is situated, and Akureyri. The island of Grímsey on the Arctic Circle contains the northernmost habitation of Iceland.
The climate of Iceland's coast is cold oceanic. The warm North Atlantic Current ensures generally higher temperatures than in most places of similar latitude in the world. The winters are mild and windy while the summers are damp and cool. Regions in the world with similar climate are: Aleutian Islands, Alaska Peninsula and Tierra del Fuego.