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Compare Bermuda (2006) - Faroe Islands (2002)
Compare Bermuda (2006) z Faroe Islands (2002)
| Bermuda (2006) | Faroe Islands (2002) | |
 |  | |
| 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: 18.6% (male 6,146/female 6,098)
15-64 years: 69.2% (male 22,562/female 22,954) 65 years and over: 12.2% (male 3,479/female 4,534) (2006 est.) |
0-14 years: 22.3% (male 5,149; female 5,110)
15-64 years: 64% (male 15,650; female 13,801) 65 years and over: 13.7% (male 2,818; female 3,483) (2002 est.) |
| Agriculture - products | bananas, vegetables, citrus, flowers; dairy products, honey | milk, potatoes, vegetables; sheep; salmon, other fish |
| Airports | 1 (2006) | 1 (2001) |
| Airports - with paved runways | total: 1
2,438 to 3,047 m: 1 (2006) |
total: 1
914 to 1,523 m: 1 (2002) |
| 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. Although a referendum on independence from the UK was soundly defeated in 1995, the present government has reopened debate on the issue. | 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 | 11.4 births/1,000 population (2006 est.) | 13.74 births/1,000 population (2002 est.) |
| Budget | revenues: $738 million
expenditures: $665 million (FY04/05) |
revenues: $488 million
expenditures: $484 million, including capital expenditures of $21 million (1999) |
| Capital | name: Hamilton
geographic coordinates: 32 17 N, 64 46 W time difference: UTC-4 (1 hour ahead of Washington, DC during Standard Time) daylight saving time: +1hr, begins first Sunday in April; ends last Sunday in October |
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 and 2003 | 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 | - | Danish krone (DKK) |
| Death rate | 7.74 deaths/1,000 population (2006 est.) | 8.69 deaths/1,000 population (2002 est.) |
| Debt - external | $160 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 Gregory W. SLAYTON
consulate(s) general: Crown Hill, 16 Middle Road, Devonshire DVO3 mailing address: P. O. Box HM325, Hamilton HMBX; American Consulate General Hamilton, US 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 | Faroese are considering proposals for full independence; Denmark dispute with Iceland over the Faroe Islands fisheries median line boundary of 200 NM; Denmark disputes with Iceland, the UK, and Ireland over the Faroe Islands continental shelf boundary outside 200 NM |
| Economic aid - recipient | $NA | $135 million (annual subsidy from Denmark) (1999) |
| Economy - overview | Bermuda enjoys the highest per capita income in the world, more than 50% higher than that of the US. Its economy is primarily based on providing financial services for international business and luxury facilities for tourists. A number of reinsurance companies relocated to the island following 11 September 2001 and again after Hurricane Katrina, contributing to the expansion of an already robust international business sector. Bermuda's tourism industry - which derives over 80% of its visitors from the US - continues to struggle but remains the island's number two industry. Most capital equipment and food must be imported. Bermuda's industrial sector is small, although construction continues to be important; the average cost of a house in June 2003 had risen to $976,000. Agriculture is limited with only 20% 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 falling 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 help 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 Denmark and 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 | 616.7 million kWh (2005) | 153.45 million kWh (2000) |
| Electricity - exports | 0 kWh (2005) | 0 kWh (2000) |
| Electricity - imports | 0 kWh (2005) | 0 kWh (2000) |
| Electricity - production | 682.5 million kWh (2005) | 165 million kWh (2000) |
| Electricity - production by source | - | fossil fuel: 61%
hydro: 39% 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 | sustainable development | NA |
| Ethnic groups | black 54.8%, white 34.1%, mixed 6.4%, other races 4.3%, unspecified 0.4% (2000 census) | Scandinavian |
| Exchange rates | Bermudian dollar per US dollar - 1.0000 (fixed rate pegged to the US dollar) | Danish kroner per US dollar - 8.418 (January 2002), 8.323 (2001), 8.083 (2000), 6.976 (1999), 6.701 (1998), 6.604 (1997) |
| Executive branch | chief of state: Queen ELIZABETH II (since 6 February 1952), represented by Governor Sir John VEREKER (since 11 April 2002)
head of government: Premier Ewart BROWN (since 30 October 2006); Deputy Premier Paula COX 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 Anfinn KALLSBERG (since 15 May 1998) 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 30 April 1998 (next to be held no later than April 2002) election results: Anfinn KALLSBERG elected prime minister; percent of parliamentary vote - 52.8% note: coalition of People's Party, Republican Party, and Home Rule Party |
| Exports | 0 bbl/day NA bbl/day | $471 million f.o.b. (1999) |
| Exports - commodities | reexports of pharmaceuticals | fish and fish products 94%, stamps, ships (1999) |
| Exports - partners | France 65.6%, Spain 11.7%, US 4.5% (2005) | Denmark 32%, UK 21%, France 9%, Germany 7%, Iceland 5%, US 5% (1996) |
| 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 - $910 million (2000 est.) |
| GDP - composition by sector | agriculture: 1%
industry: 10% services: 89% (2002 est.) |
agriculture: 27%
industry: 11% services: 62% (1999) |
| GDP - per capita | - | purchasing power parity - $20,000 (2000 est.) |
| GDP - real growth rate | 4.6% (2004 est.) | 5% (2000 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 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: 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 | NA bbl/day | $469 million c.i.f. (1999) |
| Imports - commodities | clothing, fuels, 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 | Kazakhstan 51%, France 19%, South Korea 10.2%, US 7.6% (2005) | Denmark 28%, Norway 26%, Germany 7%, UK 6% Sweden 5%, Iceland 4%, US (1999) |
| 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 | international business, tourism, light manufacturing | fishing, fish processing, shipbuilding, construction, handicrafts |
| Infant mortality rate | total: 8.3 deaths/1,000 live births
male: 9.85 deaths/1,000 live births female: 6.73 deaths/1,000 live births (2006 est.) |
6.66 deaths/1,000 live births (2002 est.) |
| Inflation rate (consumer prices) | 2.8% (November 2005) | 5.1% (1999) |
| International organization participation | Caricom (associate), ICFTU, Interpol (subbureau), IOC, UPU, WCO | NC, NIB |
| Internet Service Providers (ISPs) | - | 2 (2000) |
| Irrigated land | NA | 0 sq km (1998 est.) |
| Judicial branch | Supreme Court; Court of Appeal; Magistrate Courts | none |
| Labor force | 38,360 (2004) | 24,250 (October 2000 ) |
| Labor force - by occupation | agriculture and fishing 3%, laborers 17%, clerical 19%, professional and technical 21%, administrative and managerial 15%, sales 7%, services 19% (2004 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: 20%
permanent crops: 0% other: 80% (55% developed, 45% rural/open space) (2005) |
arable land: 2.14%
permanent crops: 0% other: 97.86% (1998 est.) |
| 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 (36 seats; members are elected by popular vote to serve up to five-year terms)
elections: last general election held 24 July 2003 (next to be held not later than July 2008) election results: percent of vote by party - PLP 51.7%, UBP 48%; seats by party - PLP 22, 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 30 April 2002 (next to be held no later than April 2006) election results: percent of vote by party - Union Party 26%, Republican Party 23.7%, Social Democrats 20.9%, People's Party 20.8% Independence Party 4.4%, Center Party 4.2%; seats by party - Union Party 8, Republican Party 8, Social Democrats 7, People's Party 7, Independence Party 1, Center Party 1 note: election of 2 seats to the Danish Parliament was last held on 20 November 2001 (next to be held no later than November 2005); results - percent of vote by party - NA; seats by party - Republican Party 1, Union Party 1 |
| Life expectancy at birth | total population: 77.96 years
male: 75.85 years female: 80.1 years (2006 est.) |
total population: 78.74 years
male: 75.28 years female: 82.21 years (2002 est.) |
| Literacy | definition: age 15 and over can read and write
total population: 98% male: 98% female: 99% (2005 est.) |
definition: NA
total population: NA% male: NA% female: NA% note: similar to Denmark proper |
| Location | North America, group of islands in the North Atlantic Ocean, east of South 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 | territorial sea: 12 nm
exclusive fishing zone: 200 nm |
continental shelf: 200 NM or agreed boundaries or median line
exclusive fishing zone: 200 NM or agreed boundaries or median line territorial sea: 3 NM |
| Merchant marine | total: 132 ships (1000 GRT or over) 7,873,728 GRT/8,688,692 DWT
by type: bulk carrier 25, cargo 1, container 24, liquefied gas 23, passenger 19, passenger/cargo 6, petroleum tanker 16, refrigerated cargo 13, roll on/roll off 5 foreign-owned: 116 (Australia 3, Belgium 4, France 1, Germany 21, Greece 2, Hong Kong 10, Indonesia 1, Ireland 1, Israel 3, Monaco 2, Nigeria 11, Norway 5, Sweden 14, Switzerland 2, UK 9, US 27) registered in other countries: 6 (Liberia 1, Marshall Islands 4, Panama 1) (2006) |
total: 7 ships (1,000 GRT or over) totaling 100,951 GRT/139,396 DWT
ships by type: cargo 2, petroleum tanker 2, refrigerated cargo 1, roll on/roll off 1, short-sea passenger 1 note: includes some foreign-owned ships registered here as a flag of convenience: Denmark 3, Norway 1, United Kingdom 1 (2002 est.) |
| Military - note | defense is the responsibility of the UK | defense is the responsibility of Denmark |
| Military branches | no regular military forces | no regular indigenous military forces; small Police Force and Coast Guard are maintained |
| Military expenditures - dollar figure | $4.03 million (2001) | $NA |
| Military expenditures - percent of GDP | 0.11% (FY00/01) | NA% |
| National holiday | Bermuda Day, 24 May | Olaifest, 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 |
| Net migration rate | 2.4 migrant(s)/1,000 population (2006 est.) | 2.39 migrant(s)/1,000 population (2002 est.) |
| Political parties and leaders | Progressive Labor Party or PLP [Ewart BROWN]; United Bermuda Party or UBP [Wayne FURBERT] | Center Party [Tordur NICALSEN]; Home Rule Party [Helena Dam a NEYSTABO]; Independence Party [leader NA]; People's Party [Oli BRECKMANN]; Republican Party [Finnabogi ISAKSON]; Social Democratic Party [Joannes EIDESGAARD]; Union Party [Edmund JOENSEN] |
| Political pressure groups and leaders | Bermuda Employer's Union [Eddie SAINTS]; Bermuda Industrial Union or BIU [Derrick BURGESS]; Bermuda Public Services Union or BPSU [Ed BALL]; Bermuda Union of Teachers [Michael CHARLES] | NA |
| Population | 65,773 (July 2006 est.) | 46,011 (July 2002 est.) |
| Population below poverty line | 19% (2000) | NA% |
| Population growth rate | 0.61% (2006 est.) | 0.74% (2002 est.) |
| Ports and harbors | - | Torshavn, Klaksvik, Tvoroyri, Runavik, Fuglafjordhur |
| Radio broadcast stations | AM 5, FM 3, shortwave 0 (2005) | AM 1, FM 13, shortwave 0 (1998) |
| Radios | - | 26,000 (1997) |
| Railways | - | 0 km |
| Religions | Anglican 23%, Roman Catholic 15%, African Methodist Episcopal 11%, other Protestant 18%, other 12%, unaffiliated 6%, unspecified 1%, none 14% (2000 census) | Evangelical Lutheran |
| Sex ratio | at birth: 1.02 male(s)/female
under 15 years: 1.01 male(s)/female 15-64 years: 0.98 male(s)/female 65 years and over: 0.77 male(s)/female total population: 0.96 male(s)/female (2006 est.) |
at birth: 1 male(s)/female
under 15 years: 1.01 male(s)/female 15-64 years: 1.13 male(s)/female 65 years and over: 0.81 male(s)/female total population: 1.06 male(s)/female (2002 est.) |
| Suffrage | 18 years of age; universal | 18 years of age; universal |
| Telephone system | general assessment: good
domestic: fully automatic digital telephone system; fiber optic trunk lines international: country code - 1-441; submarine cables - 3 (fiber optic); satellite earth stations - 3 (2005) |
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: 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 | 56,000 (2002) | 24,851 (1999) |
| Telephones - mobile cellular | 49,000 (2004) | 10,761 (1999) |
| Television broadcast stations | 3 (2005) | 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 | 1.89 children born/woman (2006 est.) | 2.27 children born/woman (2002 est.) |
| Unemployment rate | 2.1% (2004 est.) | 1% (October 2000 ) |
| Waterways | - | none |
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