(WIPO code: IS) (latest review August 2020)

by K R LAW OFFICES, Patent and Trademark Attorneys, Kopavogur

General Information

Area

103,100 sq. km.

Population

350,734 (estimated July 2020).

Capital

Reykjavík; inhabitants in the greater Reykjavík area: 216,000 (estimated 2018).

Language

Icelandic.

Currency

Icelandic crowns.

Most important exports

Marine products, aluminium, ferro-silicon, diatomite, canned products, woolen products and agricultural products.

General Remarks

The country has rich resources, including an abundance of potential hydroelectric power, used for the metallurgical industry. More than 80% of the population enjoys geothermal heating, one of the many factors that provide an unpolluted environment.

Iceland has a high GDP per capita, U.S.$ 53,532 (2016), providing a high standard of living. Health: 277 inhabitants per doctor and life expectancy of 85 years for females and 80 years for males (2016).

In 1944 Iceland became independent; since then new fields of industry are exploited in metallurgy and food production. Fish-farming and geothermal vegetation are two examples of high technology used in combination with local resources. In recent years, the service sector has grown substantially, especially tourism and financial services.

Iceland is a member of the Union of Paris, a member of the European Free Trade Association (EFTA), and also a party to the European Economic Area (EEA) Agreement.

 

Statistics (2015) Filed Issued
Patents    
National filings (IS) 32 2
PCT (IS/others) 3 17
Designs 90 86
Trade and service marks    
National filings 1,194 907
Madrid Protocol 2,734 2,116