Main page Compare countries Index countries Index fields


Faroe Islands (2008)

Faroe Islands - select year:
Faroe IslandsFaroe Islands (2001) (compare)
Faroe IslandsFaroe Islands (2002) (compare)
Faroe IslandsFaroe Islands (2003) (compare)
Faroe IslandsFaroe Islands (2004) (compare)
Faroe IslandsFaroe Islands (2005) (compare)
Faroe IslandsFaroe Islands (2006) (compare)
Faroe IslandsFaroe Islands (2007) (compare)

Compare with other popular countries

Faroe Islands 2008 year

 Faroe Islands
Administrative divisions none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark); there are no first-order administrative divisions as defined by the US Government, but there are 34 municipalities
Age structure 0-14 years: 20.6% (male 4,882/female 4,904)

15-64 years: 65.3% (male 16,353/female 14,668)

65 years and over: 14.1% (male 3,041/female 3,663) (2007 est.)
Agriculture - products milk, potatoes, vegetables; sheep; salmon, other fish
Airports 1 (2007)
Airports - with paved runways total: 1

914 to 1,523 m: 1 (2007)
Area total: 1,399 sq km

land: 1,399 sq km

water: 0 sq km (some lakes and streams)
Area - comparative eight times the size of Washington, DC
Background The population of the Faroe Islands is largely descended from Viking settlers who arrived in the 9th century. The islands have been connected politically to Denmark since the 14th century. A high degree of self government was attained in 1948.
Birth rate 14.12 births/1,000 population (2007 est.)
Budget revenues: $588 million

expenditures: $623 million (2005)
Capital name: Torshavn

geographic coordinates: 62 01 N, 6 46 W

time difference: UTC 0 (5 hours ahead of Washington, DC during Standard Time)

daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October
Climate mild winters, cool summers; usually overcast; foggy, windy
Coastline 1,117 km
Constitution 5 June 1953 (Danish constitution)
Country name conventional long form: none

conventional short form: Faroe Islands

local long form: none

local short form: Foroyar
Death rate 8.69 deaths/1,000 population (2007 est.)
Debt - external $64 million (1999)
Dependency status part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark since 1948
Diplomatic representation from the US none (self-governing overseas administrative division of Denmark)
Diplomatic representation in the US none (self-governing overseas administrative division of Denmark)
Disputes - international because anticipated offshore hydrocarbon resources have not been realized, earlier Faroese proposals for full independence have been deferred; Iceland, the UK, and Ireland dispute Denmark's claim that the Faroe Islands' continental shelf extends beyond 200 nm
Economic aid - recipient $105 million; note - annual subsidy from Denmark (2005)
Economy - overview The Faroese economy is dependent on fishing, which makes the economy vulnerable to price swings. Since 2003 the Faroese economy has picked up as a result of higher prices for fish and for housing. Unemployment is minimal and government finances are relatively sound. Oil finds close to the Islands give hope for economically recoverable deposits, which could eventually lay the basis for a more diversified economy and lessen dependence on Danish economic assistance. Aided by a substantial annual subsidy (about 15% of GDP) from Denmark, the Faroese have a standard of living not far below the Danes and other Scandinavians.
Electricity - consumption 269.7 million kWh (2005)
Electricity - exports 0 kWh (2005)
Electricity - imports 0 kWh (2005)
Electricity - production 290 million kWh (2005)
Elevation extremes lowest point: Atlantic Ocean 0 m

highest point: Slaettaratindur 882 m
Environment - current issues NA
Environment - international agreements party to: Marine Dumping -associate member to the London Convention and Ship Pollution
Ethnic groups Scandinavian
Exchange rates Danish kroner per US dollar - 5.4797 (2007), 5.9468 (2006), 5.9969 (2005), 5.9911 (2004), 6.5877 (2003)
Executive branch chief of state: Queen MARGRETHE II of Denmark (since 14 January 1972), represented by High Commissioner Birgit KLEIS, chief administrative officer (since 1 November 2001)

head of government: Prime Minister Joannes EIDESGAARD (since 3 February 2004)

cabinet: Landsstyri appointed by the prime minister

elections: the monarch is hereditary; high commissioner appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually elected prime minister by the Faroese Parliament; election last held 20 January 2004 (next to be held no later than January 2008)

election results: Joannes EIDESGAARD elected prime minister; percent of parliamentary vote - NA
Exports 0 kWh (2005)
Exports $634 million f.o.b. (2006)
Exports 0 cu m (2005 est.)
Exports 0 bbl/day (2004)
Exports - commodities fish and fish products 94%, stamps, ships (1999)
Exports - partners Denmark 31%, UK 27.4%, Norway 10.3%, Nigeria 9.5%, Netherlands 5.6% (2006)
Fiscal year calendar year
Flag description white with a red cross outlined in blue extending to the edges of the flag; the vertical part of the cross is shifted toward the hoist side in the style of the Dannebrog (Danish flag)
GDP - composition by sector agriculture: 27%

industry: 11%

services: 62% (1999)
GDP - real growth rate 2.4% (2005 est.)
Geographic coordinates 62 00 N, 7 00 W
Geography - note archipelago of 17 inhabited islands and one uninhabited island, and a few uninhabited islets; strategically located along important sea lanes in northeastern Atlantic; precipitous terrain limits habitation to small coastal lowlands
Household income or consumption by percentage share lowest 10%: NA%

highest 10%: NA%
Imports 0 kWh (2005)
Imports $751 million c.i.f. (2006)
Imports 0 cu m (2005)
Imports 4,580 bbl/day (2004)
Imports - commodities consumer goods 36%, raw materials and semi-manufactures 32%, machinery and transport equipment 29%, fuels, fish, salt (1999)
Imports - partners Denmark 52.6%, Norway 20.7%, Iceland 6.1%, Sweden 4.3% (2006)
Independence none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark)
Industrial production growth rate 8% (1999 est.)
Industries fishing, fish processing, small ship repair and refurbishment, handicrafts
Infant mortality rate total: 6.01 deaths/1,000 live births

male: 7.25 deaths/1,000 live births

female: 4.76 deaths/1,000 live births (2007 est.)
Inflation rate (consumer prices) 1.8% (2005)
International organization participation Arctic Council, IMO (associate), NC, NIB, UPU
Irrigated land 0 sq km
Judicial branch none
Labor force 24,250 (October 2000)
Labor force - by occupation agriculture: 33%

industry: 33%

services: 34% (October 2000)
Land boundaries 0 km
Land use arable land: 2.14%

permanent crops: 0%

other: 97.86% (2005)
Languages Faroese (derived from Old Norse), Danish
Legal system the laws of Denmark, where applicable, apply
Legislative branch unicameral Faroese Parliament or Logting (33 seats; members are elected by popular vote on a proportional basis from the seven constituencies to serve four-year terms)

elections: last held 19 January 2008 (next to be held no later than January 2012)

election results: percent of vote by party - Union Party 21%, Social Democratic Party 19.4%, Republican Party 23.3%, People's Party 20.1%, Center Party 8.4%, Self-Government Party 7.2%, other 0.6%; seats by party - Republican Party 8, Union Party 7, Social Democratic Party 6, People's Party 7, Center Party 3, Independence Party 2

note: election of two seats to the Danish Parliament was last held on 13 November 2007 (next to be held no later than November 2011); results - percent of vote by party - NA; seats by party - Republican Party 1, Union Party 1
Life expectancy at birth total population: 79.49 years

male: 76.06 years

female: 82.93 years (2007 est.)
Literacy definition: NA

total population: NA%

male: NA%

female: NA%

note: probably 100%, the same as Denmark proper
Location Northern Europe, island group between the Norwegian Sea and the North Atlantic Ocean, about one-half of the way from Iceland to Norway
Map references Europe
Maritime claims territorial sea: 3 nm

continental shelf: 200 nm or agreed boundaries or median line

exclusive fishing zone: 200 nm or agreed boundaries or median line
Merchant marine total: 16 ships (1000 GRT or over) 92,454 GRT/63,291 DWT

by type: cargo 10, container 2, passenger/cargo 3, petroleum tanker 1

foreign-owned: 8 (Iceland 4, Norway 4) (2007)
Military - note defense is the responsibility of Denmark
Military branches no regular military forces
Military expenditures - percent of GDP NA
National holiday Olaifest (Olavasoka), 29 July
Nationality noun: Faroese (singular and plural)

adjective: Faroese
Natural hazards NA
Natural resources fish, whales, hydropower, possible oil and gas
Net migration rate 0 migrant(s)/1,000 population (2007 est.)
Political parties and leaders Center Party [Jenis A. RANA]; Independence Party [Kari P. HOJGAARD]; People's Party [Jorgen NICLASEN]; Republican Party [Hogni HOYDAL]; Social Democratic Party [Joannes EIDESGAARD]; Union Party [Kaj Leo JOHANNESEN]
Political pressure groups and leaders NA
Population 47,511 (July 2007 est.)
Population below poverty line NA%
Population growth rate 0.543% (2007 est.)
Radio broadcast stations AM 1, FM 13, shortwave 0 (1998)
Religions Evangelical Lutheran
Sex ratio at birth: 1 male(s)/female

under 15 years: 0.996 male(s)/female

15-64 years: 1.115 male(s)/female

65 years and over: 0.83 male(s)/female

total population: 1.045 male(s)/female (2007 est.)
Suffrage 18 years of age; universal
Telephone system general assessment: good international communications; good domestic facilities

domestic: digitalization was completed in 1998; both NMT (analog) and GSM (digital) mobile telephone systems are installed

international: country code - 298; satellite earth stations - 1 Orion; 1 fiber-optic submarine cable to the Shetland Islands, linking the Faroe Islands with Denmark and Iceland; fiber-optic submarine cable connection to Canada-Europe cable
Telephones - main lines in use 23,000 (2006)
Telephones - mobile cellular 50,000 (2006)
Television broadcast stations 3 (plus 43 repeaters) (September 1995)
Terrain rugged, rocky, some low peaks; cliffs along most of coast
Total fertility rate 2.15 children born/woman (2007 est.)
Unemployment rate 2.1% (2006)
Sitemap: Compare countries listing (map site) | Country listing (map site)
Links: Add to favorites | Information about this website | Stats | Polityka prywatnosci
This page was generated in ##czas## s. Size this page: ##rozmiar_strony## kB.