About Iceland
Iceland, the "Land of Fire and Ice," is a Nordic island nation sitting on the Mid-Atlantic Ridge where the North American and Eurasian tectonic plates drift apart. This geological dynamism creates a dramatic landscape of active volcanoes, massive glaciers, geysers, hot springs, and lava fields. It is a land of extremes, with long dark winters lit by the Northern Lights (Aurora Borealis) and summers bathed in the continuous daylight of the Midnight Sun.
The population is concentrated in the capital, Reykjavík, a cozy, colorful, and thoroughly modern city powered largely by geothermal energy. The rest of the island is sparsely populated but packed with natural wonders, from the thundering Gullfoss and Skógafoss waterfalls to the black sand beaches of Vík and the iceberg-filled Jökulsárlón lagoon.
Icelanders trace their heritage to Viking settlers and have preserved their language so well that they can still read the ancient sagas. The country is known for its strong literary tradition, gender equality, and safety. Nature remains the ruler here; a road trip around the Ring Road reveals a raw, primal beauty that feels like the beginning (or end) of the world.
The Republic of Iceland gained full sovereignty from Denmark on 17 June 1944 via a plebiscite in which 98.4 per cent of voters approved the dissolution of the personal union with the Danish Crown, held while Denmark itself was under Nazi German occupation. Iceland has been a founding member of NATO since 1949 despite having no standing army, defended instead by a bilateral defence treaty with the United States (signed 5 May 1951) under which the Keflavík Naval Air Station hosted US Navy P-3 Orion patrol aircraft until closure on 30 September 2006. The country's Central Bank of Iceland (Seðlabanki Íslands) maintains the króna as an independent floating currency, and the 2008 collapse of the three largest commercial banks (Kaupthing, Glitnir and Landsbanki) triggered debts equivalent to roughly 850 per cent of GDP.