Iceland situated at the confluence of the North Atlantic and Arctic Oceans, on the Mid-Atlantic Ridge.The country has a population of about 320,000 and a total area of 103,000 km2 (40,000 sq mi), which makes it the most sparsely populated country in Europe.The capital and largest city is Reykjavík, Iceland ranks high in economic and political stability, Iceland holds the top spot, closely followed by Finland, Norway and Sweden,Iceland has the smallest population and is the only one with no standing army.




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