Iceland's economic sectors reflect the small size of the country. Natural resources are important, especially the fishing industry. For this reason, fisheries dominate Iceland's trade policies and coincide with Iceland's overriding foreign trade interests, especially free trade of fish. All told, the fishing industry contributes 13 percent of GDP. However, other sectors such as biotechnology and tourism are growing.
| Communications | ||||||||
| Country | Telephonesa | Telephones, Mobile/Cellulara | Radio Stationsb | Radiosa | TV Stationsa | Televisionsa | Internet Service Providersc | Internet Usersc |
| Iceland | 168,000 | 65,746 | AM 3; FM about 70 shortwave 1 | 260,000 | 14 | 98,000 | 7 | 144,000 |
| United States | 194 M | 69.209 M (1998) | AM 4,762; FM 5,542; shortwave 18 | 575 M | 1,500 | 219 M | 7,800 | 148 M |
| United Kingdom | 34.878 M | 13 M (1998) | AM 219; FM 431; shortwave 3 | 84.5 M | 228 (1995) | 30.5 M | 245 | 19.47 M |
| Norway | 2.735 M 1998) | 2,080,408 (1998) | AM 5; FM 650; shortwave 1 | 4.03 M | 360 (1995) | 2.03 M | 13 | 2.36 M |
| aData is for 1997 unless otherwise noted. | ||||||||
| bData is for 1998 unless otherwise noted. | ||||||||
| cData is for 2000 unless otherwise noted. | ||||||||
| SOURCE: CIA World Factbook 2001 [Online]. | ||||||||