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Compare Bermuda (2002) - Faroe Islands (2005)
Compare Bermuda (2002) z Faroe Islands (2005)
| Bermuda (2002) | Faroe Islands (2005) | |
 |  | |
| Administrative divisions | 9 parishes and 2 municipalities*; Devonshire, Hamilton, Hamilton*, Paget, Pembroke, Saint George*, Saint George's, Sandys, Smith's, Southampton, Warwick | 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 49 municipalities |
| Age structure | 0-14 years: 19.2% (male 6,058; female 6,225)
15-64 years: 69.4% (male 21,950; female 22,442) 65 years and over: 11.4% (male 3,163; female 4,122) (2002 est.) |
0-14 years: 21.3% (male 4,997/female 4,999)
15-64 years: 64.9% (male 16,120/female 14,360) 65 years and over: 13.8% (male 2,923/female 3,563) (2005 est.) |
| Agriculture - products | bananas, vegetables, citrus, flowers; dairy products | milk, potatoes, vegetables; sheep; salmon, other fish |
| Airports | 1 (2002) | 1 (2004 est.) |
| Airports - with paved runways | total: 1
2,438 to 3,047 m: 1 (2002) |
total: 1
914 to 1,523 m: 1 (2004 est.) |
| Area | total: 53.3 sq km
land: 53.3 sq km water: 0 sq km |
total: 1,399 sq km
land: 1,399 sq km water: 0 sq km (some lakes and streams) |
| Area - comparative | about one-third the size of Washington, DC | eight times the size of Washington, DC |
| Background | Bermuda was first settled in 1609 by shipwrecked English colonists headed for Virginia. Tourism to the island to escape North American winters first developed in Victorian times. Tourism continues to be important to the island's economy, although international business has overtaken it in recent years. Bermuda has developed into a highly successful offshore financial center. A referendum on independence was soundly defeated in 1995. | 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 | 11.82 births/1,000 population (2002 est.) | 13.97 births/1,000 population (2005 est.) |
| Budget | revenues: $609.5 million
expenditures: $574.6 million, including capital expenditures of $54.8 million (FY00/01) |
revenues: $488 million
expenditures: $484 million, including capital expenditures of $21 million (1999) |
| Capital | Hamilton | Torshavn |
| Climate | subtropical; mild, humid; gales, strong winds common in winter | mild winters, cool summers; usually overcast; foggy, windy |
| Coastline | 103 km | 1,117 km |
| Constitution | 8 June 1968, amended 1989 | 5 June 1953 (Danish constitution) |
| Country name | conventional long form: none
conventional short form: Bermuda former: Somers Islands |
conventional long form: none
conventional short form: Faroe Islands local long form: none local short form: Foroyar |
| Currency | Bermudian dollar (BMD) | - |
| Death rate | 7.49 deaths/1,000 population (2002 est.) | 8.69 deaths/1,000 population (2005 est.) |
| Debt - external | $145 million (FY99/00) | $64 million (1999) |
| Dependency status | overseas territory of the UK | part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark since 1948 |
| Diplomatic representation from the US | chief of mission: Consul General Denis Patrick COLEMAN, Jr.
consulate(s) general: Crown Hill, 16 Middle Road, Devonshire DVQ3 mailing address: P. O. Box HM325, Hamilton HMBX; American Consulate General Hamilton, Department of State, 5300 Hamilton Place, Washington, DC 20520-5300 telephone: [1] (441) 295-1342 FAX: [1] (441) 295-1592, [1] (441) 296-9233 |
none (self-governing overseas administrative division of Denmark) |
| Diplomatic representation in the US | none (overseas territory of the UK) | none (self-governing overseas administrative division of Denmark) |
| Disputes - international | none | because anticipated offshore hydrocarbon resources have not been realized, earlier Faroese proposals for full independence have been deferred; Iceland disputes the Faroe Islands' fisheries median line boundary; Iceland, the UK, and Ireland dispute Denmark's claim that the Faroe Islands' continental shelf extends beyond 200 nm |
| Economic aid - recipient | $NA | $135 million (annual subsidy from Denmark) (1998) |
| Economy - overview | Bermuda enjoys one of the highest per capita incomes in the world, with its economy primarily based on providing financial services for international business and luxury facilities for tourists. The effects of 11 September 2001 have had both positive and negative ramifications for Bermuda. On the positive side, a number of new reinsurance companies have located on the island, contributing to the expansion of an already robust international business sector. On the negative side, Bermuda's already weakening tourism industry - which derives over 80% of its visitors from the US - has been further hit as American tourists have chosen not to travel. Most capital equipment and food must be imported, with the US serving as the primary source of goods, followed by the UK. Bermuda's industrial sector is small, although construction continues to be important. Agriculture is limited, only 6% of the land being arable. | The Faroese economy has had a strong performance since 1994, mostly as a result of increasing fish landings and high and stable export prices. Unemployment is minimal and there are signs of labor shortages in several sectors. The positive economic development has helped the Faroese Home Rule Government produce increasing budget surpluses, which in turn has helped to reduce the large public debt, most of it owed to Denmark. However, the total dependence on fishing makes the Faroese economy extremely vulnerable, and the present fishing efforts appear in excess of what is a sustainable level of fishing in the long term. Oil finds close to the Faroese area give hope for deposits in the immediate Faroese area, which may eventually lay the basis for a more diversified economy and thus lessen dependence on Danish economic assistance. Aided by a substantial annual subsidy (15% of GDP) from Denmark, the Faroese have a standard of living not far below the Danes and other Scandinavians. |
| Electricity - consumption | 553.35 million kWh (2000) | 204.6 million kWh (2002) |
| Electricity - exports | 0 kWh (2000) | 0 kWh (2002) |
| Electricity - imports | 0 kWh (2000) | 0 kWh (2002) |
| Electricity - production | 595 million kWh (2000) | 220 million kWh (2002) |
| Electricity - production by source | fossil fuel: 100%
hydro: 0% nuclear: 0% other: 0% (2000) |
- |
| Elevation extremes | lowest point: Atlantic Ocean 0 m
highest point: Town Hill 76 m |
lowest point: Atlantic Ocean 0 m
highest point: Slaettaratindur 882 m |
| Environment - current issues | asbestos disposal; water pollution; preservation of open space; sustainable development | NA |
| Ethnic groups | black 58%, white 36%, other 6% | Scandinavian |
| Exchange rates | Bermudian dollar per US dollar - 1.0000 (fixed rate pegged to the US dollar) | Danish kroner per US dollar - 5.9911 (2004), 6.5877 (2003), 7.8947 (2002), 8.3228 (2001), 8.0831 (2000) |
| Executive branch | chief of state: Queen ELIZABETH II (since 6 February 1952), represented by Governor Sir John VEREKER (since NA April 2002)
head of government: Premier Jennifer SMITH (since 10 November 1998) cabinet: Cabinet nominated by the premier, appointed by the governor elections: none; the monarch is hereditary; governor appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed premier by the governor |
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% note: coalition of Social Democrats, Union Party, and People's Party |
| Exports | $51 million (2000) | NA |
| Exports - commodities | reexports of pharmaceuticals | fish and fish products 94%, stamps, ships (1999) |
| Exports - partners | EU excluding UK 77.9%, US 9.8%, UK 6.9% (1999) | Denmark 33.5%, UK 29.7%, Norway 8.4%, Nigeria 7.2% (2004) |
| Fiscal year | 1 April - 31 March | calendar year |
| Flag description | red, with the flag of the UK in the upper hoist-side quadrant and the Bermudian coat of arms (white and green shield with a red lion holding a scrolled shield showing the sinking of the ship Sea Venture off Bermuda in 1609) centered on the outer half of the flag | 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 | purchasing power parity - $2.2 billion (2001 est.) | - |
| GDP - composition by sector | agriculture: 1%
industry: 10% services: 89% (1995 est.) |
agriculture: 27%
industry: 11% services: 62% (1999) |
| GDP - per capita | purchasing power parity - $34,800 (2001 est.) | purchasing power parity - $22,000 (2001 est.) |
| GDP - real growth rate | 2.9% (2001 est.) | 10% (2001 est.) |
| Geographic coordinates | 32 20 N, 64 45 W | 62 00 N, 7 00 W |
| Geography - note | consists of about 138 coral islands and islets with ample rainfall, but no rivers or freshwater lakes; some land, reclaimed and otherwise, was leased by US Government from 1941 to 1995 | 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 |
| Highways | total: 450 km
paved: 450 km unpaved: 0 km note: public roads - 209 km; private roads - 241 km (2002) |
total: 463 km
paved: 454 km unpaved: 9 km (1999) |
| Household income or consumption by percentage share | lowest 10%: NA%
highest 10%: NA% |
lowest 10%: NA%
highest 10%: NA% |
| Imports | $719 million (2000) | NA |
| Imports - commodities | machinery and transport equipment, construction materials, chemicals, food and live animals | machinery and transport equipment 29%, consumer goods 36%, raw materials and semi-manufactures 32%, fuels, fish and salt (1999) |
| Imports - partners | EU excluding UK 35.4%, US 17.8%, UK 15.4%, Russia 14.6% (1999) | Denmark 52.8%, Norway 18.3%, Iceland 4.4%, Sweden 4.2% (2004) |
| Independence | none (overseas territory of the UK) | none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark) |
| Industrial production growth rate | NA% | 8% (1999 est.) |
| Industries | tourism, international business, light manufacturing | fishing, fish processing, small ship repair and refurbishment, handicrafts |
| Infant mortality rate | 9.28 deaths/1,000 live births (2002 est.) | total: 6.24 deaths/1,000 live births
male: 7.54 deaths/1,000 live births female: 4.93 deaths/1,000 live births (2005 est.) |
| Inflation rate (consumer prices) | 3% (July 2001) | 5.1% (1999) |
| International organization participation | Caricom (observer), CCC, ICFTU, Interpol (subbureau), IOC | IMO (associate), NC, NIB, UPU |
| Internet Service Providers (ISPs) | 20 (2000) | - |
| Irrigated land | NA sq km | 0 sq km (1998 est.) |
| Judicial branch | Supreme Court; Court of Appeal; Magistrate Courts | none |
| Labor force | 37,472 (2000) | 24,250 (October 2000) |
| Labor force - by occupation | clerical 22%, services 20%, laborers 17%, professional and technical 17%, administrative and managerial 13%, sales 8%, agriculture and fishing 3% (2000 est.) | fishing, fish processing, and manufacturing 33%, construction and private services 33%, public services 34% |
| Land boundaries | 0 km | 0 km |
| Land use | arable land: 0%
permanent crops: 0% other: 100% (55% developed, 45% rural/open space) (1998 est.) |
arable land: 2.14%
permanent crops: 0% other: 97.86% (2001) |
| Languages | English (official), Portuguese | Faroese (derived from Old Norse), Danish |
| Legal system | English law | Danish |
| Legislative branch | bicameral Parliament consists of the Senate (an 11-member body appointed by the governor, the premier, and the opposition) and the House of Assembly (40 seats; members are elected by popular vote to serve five-year terms)
elections: last general election held 9 November 1998 (next to be held NA November 2003) election results: percent of vote by party - PLP 54%, UBP 44%, NLP 1%, independents 1%; seats by party - PLP 26, UBP 14 |
unicameral Faroese Parliament or Logting (32 seats; members are elected by popular vote on a proportional basis from the seven constituencies to serve four-year terms)
elections: last held 20 January 2004 (next to be held no later than January 2008) election results: percent of vote by party - Union Party 23.7%, Social Democrats 21.8%, Republican Party 21.7%, People's Party 20.6%, Center Party 5.2%, Independence Party 4.6%; seats by party - Union Party 7, Social Democrats 7, Republican Party 8, People's Party 7, Center Party 2, Independence Party 1 note: election of 2 seats to the Danish Parliament was last held on 8 February 2005 (next to be held February 2009); results - percent of vote by party - NA; seats by party - Republican Party 1, People's Party 1 |
| Life expectancy at birth | total population: 77.3 years
male: 75.21 years female: 79.27 years (2002 est.) |
total population: 79.21 years
male: 75.77 years female: 82.67 years (2005 est.) |
| Literacy | definition: age 15 and over can read and write
total population: 98% male: 98% female: 99% (1970 est.) |
definition: NA
total population: NA% male: NA% female: NA% note: probably the same as Denmark proper |
| Location | North America, group of islands in the North Atlantic Ocean, east of North Carolina (US) | 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 | North America | Europe |
| Maritime claims | exclusive fishing zone: 200 NM
territorial sea: 12 NM |
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: 102 ships (1,000 GRT or over) totaling 5,485,450 GRT/8,782,869 DWT
ships by type: bulk 28, cargo 4, container 16, liquefied gas 6, passenger 3, petroleum tanker 17, refrigerated cargo 16, roll on/roll off 9, short-sea passenger 3 note: includes some foreign-owned ships registered here as a flag of convenience: Croatia 5, Denmark 2, Germany 1, Greece 1, Hong Kong 9, Indonesia 1, Norway 2, Sweden 11, United Kingdom 52, United States 13 (2002 est.) |
total: 14 ships (1,000 GRT or over) 24,051 GRT/11,998 DWT
by type: cargo 6, container 1, passenger/cargo 5, petroleum tanker 2 foreign-owned: 8 (Denmark 2, Germany 1, Iceland 2, Norway 2, United Kingdom 1) (2005) |
| Military - note | defense is the responsibility of the UK | defense is the responsibility of Denmark |
| Military branches | no regular indigenous military forces; Bermuda Regiment, Bermuda Police Force, Bermuda Reserve Constabulary | no regular military forces |
| Military expenditures - dollar figure | $4,027,970 (January 2002) | $NA |
| Military expenditures - percent of GDP | 0.11% (FY00/01) | NA |
| National holiday | Bermuda Day, 24 May | Olaifest (Olavasoka), 29 July |
| Nationality | noun: Bermudian(s)
adjective: Bermudian |
noun: Faroese (singular and plural)
adjective: Faroese |
| Natural hazards | hurricanes (June to November) | NA |
| Natural resources | limestone, pleasant climate fostering tourism | fish, whales, hydropower, possible oil and gas |
| Net migration rate | 2.61 migrant(s)/1,000 population (2002 est.) | 0.94 migrant(s)/1,000 population (2005 est.) |
| Political parties and leaders | National Liberal Party or NLP [Dessaline WALDRON]; Progressive Labor Party or PLP [Jennifer SMITH]; United Bermuda Party or UBP [Chairman Wayne FURBERT] | Center Party [Jenis A. RANA]; Independence Party [Kari P. HOJGAARD]; People's Party [Anfinn KALLSBERG]; Republican Party [Hogni HOYDAL]; Social Democratic Party [Joannes EIDESGAARD]; Union Party [Kaj Oeo JOHANNESEN] |
| Political pressure groups and leaders | Bermuda Employer's Union [Eddie SAINTS]; Bermuda Industrial Union or BIU [Derrick BURGESS]; Bermuda Public Services Association or BPSA [leader NA]; Bermuda Union of Teachers [Michael CHARLES] | NA |
| Population | 63,960 (July 2002 est.) | 46,962 (July 2005 est.) |
| Population below poverty line | NA% | NA% |
| Population growth rate | 0.69% (2002 est.) | 0.62% (2005 est.) |
| Ports and harbors | Hamilton, Saint George's, Dockyard | Torshavn |
| Radio broadcast stations | AM 5, FM 3, shortwave 0 (1998) | AM 1, FM 13, shortwave 0 (1998) |
| Radios | 82,000 (1997) | - |
| Railways | 0 km | - |
| Religions | non-Anglican Protestant 39%, Anglican 27%, Roman Catholic 15%, other 19% | Evangelical Lutheran |
| Sex ratio | at birth: 0.94 male(s)/female
under 15 years: 0.97 male(s)/female 15-64 years: 0.98 male(s)/female 65 years and over: 0.77 male(s)/female total population: 0.95 male(s)/female (2002 est.) |
at birth: 1 male(s)/female
under 15 years: 1 male(s)/female 15-64 years: 1.12 male(s)/female 65 years and over: 0.82 male(s)/female total population: 1.05 male(s)/female (2005 est.) |
| Suffrage | 18 years of age; universal | 18 years of age; universal |
| Telephone system | general assessment: NA
domestic: modern, fully automatic telephone system international: 3 submarine cables; satellite earth stations - 3 Intelsat (Atlantic Ocean) |
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 | 52,000 (1997) | 23,000 (2002) |
| Telephones - mobile cellular | 7,980 (1996) | 30,700 (2002) |
| Television broadcast stations | 3 (1997) | 3 (plus 43 low-power repeaters) (September 1995) |
| Terrain | low hills separated by fertile depressions | rugged, rocky, some low peaks; cliffs along most of coast |
| Total fertility rate | 1.81 children born/woman (2002 est.) | 2.2 children born/woman (2005 est.) |
| Unemployment rate | 4.5% (1993) | 1% (October 2000) |
| Waterways | none | - |
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