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Compare Cayman Islands (2007) - Faroe Islands (2006)
Compare Cayman Islands (2007) z Faroe Islands (2006)
| Cayman Islands (2007) | Faroe Islands (2006) | |
 |  | |
| Administrative divisions | 8 districts; Creek, Eastern, Midland, South Town, Spot Bay, Stake Bay, West End, Western | 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: 20.3% (male 4,746/female 4,730)
15-64 years: 71% (male 16,135/female 16,964) 65 years and over: 8.6% (male 1,892/female 2,133) (2007 est.) |
0-14 years: 20.9% (male 4,940/female 4,952)
15-64 years: 65.1% (male 16,247/female 14,522) 65 years and over: 13.9% (male 2,976/female 3,609) (2006 est.) |
| Agriculture - products | vegetables, fruit; livestock; turtle farming | milk, potatoes, vegetables; sheep; salmon, other fish |
| Airports | 3 (2007) | 1 (2006) |
| Airports - with paved runways | total: 2
1,524 to 2,437 m: 2 (2007) |
total: 1
914 to 1,523 m: 1 (2006) |
| Airports - with unpaved runways | total: 1
914 to 1,523 m: 1 (2007) |
- |
| Area | total: 262 sq km
land: 262 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 | 1.5 times the size of Washington, DC | eight times the size of Washington, DC |
| Background | The Cayman Islands were colonized from Jamaica by the British during the 18th and 19th centuries, and were administered by Jamaica after 1863. In 1959, the islands became a territory within the Federation of the West Indies, but when the Federation dissolved in 1962, the Cayman Islands chose to remain a British dependency. | 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 | 12.6 births/1,000 population (2007 est.) | 14.05 births/1,000 population (2006 est.) |
| Budget | revenues: $423.8 million
expenditures: $392.6 million (2004) |
revenues: $488 million
expenditures: $484 million; including capital expenditures of $21 million (1999) |
| Capital | name: George Town (on Grand Cayman)
geographic coordinates: 19 18 N, 81 23 W time difference: UTC-5 (same time as Washington, DC during Standard Time) |
name: Torshavn
geographic coordinates: 62 01 N, 6 46 W time difference: UTC (5 hours ahead of Washington, DC during Standard Time) daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October |
| Climate | tropical marine; warm, rainy summers (May to October) and cool, relatively dry winters (November to April) | mild winters, cool summers; usually overcast; foggy, windy |
| Coastline | 160 km | 1,117 km |
| Constitution | 1959; revised 1962, 1972, and 1994 | 5 June 1953 (Danish constitution) |
| Country name | conventional long form: none
conventional short form: Cayman Islands |
conventional long form: none
conventional short form: Faroe Islands local long form: none local short form: Foroyar |
| Death rate | 4.98 deaths/1,000 population (2007 est.) | 8.7 deaths/1,000 population (2006 est.) |
| Debt - external | $70 million (1996) | $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 | none (overseas territory of the UK) | 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 | $390,000 (2004) | $135 million (annual subsidy from Denmark) (1998) |
| Economy - overview | With no direct taxation, the islands are a thriving offshore financial center. More than 68,000 companies were registered in the Cayman Islands as of 2003, including almost 500 banks, 800 insurers, and 5,000 mutual funds. A stock exchange was opened in 1997. Tourism is also a mainstay, accounting for about 70% of GDP and 75% of foreign currency earnings. The tourist industry is aimed at the luxury market and caters mainly to visitors from North America. Total tourist arrivals exceeded 2.1 million in 2003, with about half from the US. About 90% of the islands' food and consumer goods must be imported. The Caymanians enjoy one of the highest outputs per capita and one of the highest standards of living in the world. | 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 have helped 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 (about 15% of GDP) from Denmark, the Faroese have a standard of living not far below the Danes and other Scandinavians. |
| Electricity - consumption | 372 million kWh (2005) | 242 million kWh (2003) |
| Electricity - exports | 0 kWh (2005) | 0 kWh (2003) |
| Electricity - imports | 0 kWh (2005) | 0 kWh (2003) |
| Electricity - production | 400 million kWh (2005) | 260.2 million kWh (2003) |
| Elevation extremes | lowest point: Caribbean Sea 0 m
highest point: The Bluff (Cayman Brac) 43 m |
lowest point: Atlantic Ocean 0 m
highest point: Slaettaratindur 882 m |
| Environment - current issues | no natural fresh water resources; drinking water supplies must be met by rainwater catchments | NA |
| Ethnic groups | mixed 40%, white 20%, black 20%, expatriates of various ethnic groups 20% | Scandinavian |
| Exchange rates | Caymanian dollars per US dollar - 0.8496 (2006) | Danish kroner per US dollar - 5.9969 (2005), 5.9911 (2004), 6.5877 (2003), 7.8947 (2002), 8.3228 (2001) |
| Executive branch | chief of state: Queen ELIZABETH II (since 6 February 1952); represented by Governor Stuart JACK (since 23 November 2005)
head of government: Leader of Government Business Kurt TIBBETTS (since 18 May 2005) cabinet: Executive Council (three members appointed by the governor, four members elected by the Legislative Assembly) elections: none; the monarch is hereditary; the governor is appointed by the monarch; following legislative elections, the leader of the majority party or coalition is appointed by the governor Leader of Government Business |
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 | NA bbl/day | NA bbl/day |
| Exports - commodities | turtle products, manufactured consumer goods | fish and fish products 94%, stamps, ships (1999) |
| Exports - partners | mostly US (2006) | Denmark 38.2%, UK 29.6%, Nigeria 8.9%, Norway 6.1%, Netherlands 4.3% (2005) |
| Fiscal year | 1 April - 31 March | calendar year |
| Flag description | blue, with the flag of the UK in the upper hoist-side quadrant and the Caymanian coat of arms centered on the outer half of the flag; the coat of arms includes a pineapple and turtle above a shield with three stars (representing the three islands) and a scroll at the bottom bearing the motto HE HATH FOUNDED IT UPON THE SEAS | 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: 1.4%
industry: 3.2% services: 95.4% (1994 est.) |
agriculture: 27%
industry: 11% services: 62% (1999) |
| GDP - real growth rate | 0.9% (2004 est.) | 10% (2001 est.) |
| Geographic coordinates | 19 30 N, 80 30 W | 62 00 N, 7 00 W |
| Geography - note | important location between Cuba and Central America | 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% |
lowest 10%: NA%
highest 10%: NA% |
| Illicit drugs | offshore financial center; vulnerable to drug transshipment to the US and Europe | - |
| Imports | NA bbl/day | NA bbl/day |
| Imports - commodities | foodstuffs, manufactured goods | consumer goods 36%, raw materials and semi-manufactures 32%, machinery and transport equipment 29%, fuels, fish, salt (1999) |
| Imports - partners | US, Netherlands Antilles, Japan (2006) | Denmark 46.2%, Norway 18.2%, Germany 8.2%, Spain 7.5%, Iceland 4.8% (2005) |
| 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, banking, insurance and finance, construction, construction materials, furniture | fishing, fish processing, small ship repair and refurbishment, handicrafts |
| Infant mortality rate | total: 7.8 deaths/1,000 live births
male: 8.94 deaths/1,000 live births female: 6.65 deaths/1,000 live births (2007 est.) |
total: 6.12 deaths/1,000 live births
male: 7.4 deaths/1,000 live births female: 4.85 deaths/1,000 live births (2006 est.) |
| Inflation rate (consumer prices) | 4.4% (2004) | 5.1% (1999) |
| International organization participation | Caricom (associate), CDB, Interpol (subbureau), IOC, UNESCO (associate), UPU | Arctic Council, IMO (associate), NC, NIB, UPU |
| Irrigated land | NA | 0 sq km |
| Judicial branch | Summary Court; Grand Court; Cayman Islands Court of Appeal | none |
| Labor force | 23,450 (2004) | 24,250 (October 2000) |
| Labor force - by occupation | agriculture: 1.4%
industry: 12.6% services: 86% (1995) |
agriculture: 33%
industry: 33% services: 34% |
| Land boundaries | 0 km | 0 km |
| Land use | arable land: 3.85%
permanent crops: 0% other: 96.15% (2005) |
arable land: 2.14%
permanent crops: 0% other: 97.86% (2005) |
| Languages | English | Faroese (derived from Old Norse), Danish |
| Legal system | British common law and local statutes | Danish |
| Legislative branch | unicameral Legislative Assembly (18 seats; 3 appointed members from the Executive Council and 15 elected by popular vote; to serve four-year terms)
elections: last held 11 May 2005 (next to be held in 2009) election results: percent of vote by party - NA; seats by party - PPM 9, UDP 5, independent 1 |
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 Democratic Party 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 Democratic Party 7, Republican Party 8, People's Party 7, Center Party 2, Independence Party 1 note: election of two 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: 80.2 years
male: 77.57 years female: 82.87 years (2007 est.) |
total population: 79.35 years
male: 75.91 years female: 82.8 years (2006 est.) |
| Literacy | definition: age 15 and over has ever attended school
total population: 98% male: 98% female: 98% (1970 est.) |
definition: NA
total population: NA% male: NA% female: NA% note: probably 100%, the same as Denmark proper |
| Location | Caribbean, three island (Grand Cayman, Cayman Brac, Little Cayman) group in Caribbean Sea, 240 km south of Cuba and 268 km northwest of Jamaica | 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 | Central America and the Caribbean | Europe |
| Maritime claims | territorial sea: 12 nm
exclusive fishing zone: 200 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: 124 ships (1000 GRT or over) 2,953,923 GRT/4,597,716 DWT
by type: bulk carrier 33, cargo 11, chemical tanker 41, liquefied gas 1, passenger 1, petroleum tanker 17, refrigerated cargo 13, roll on/roll off 3, vehicle carrier 4 foreign-owned: 122 (Denmark 3, Germany 17, Greece 23, Italy 10, Japan 6, Norway 2, Singapore 10, Sweden 1, UK 9, US 41) (2007) |
total: 18 ships (1000 GRT or over) 19,265 GRT/9,171 DWT
by type: cargo 10, container 2, passenger/cargo 4, petroleum tanker 2 foreign-owned: 8 (Iceland 4, Norway 4) (2006) |
| Military - note | defense is the responsibility of the UK | defense is the responsibility of Denmark |
| Military branches | no regular military forces; Royal Cayman Islands Police Force | no regular military forces |
| Military expenditures - dollar figure | - | NA |
| Military expenditures - percent of GDP | - | NA |
| National holiday | Constitution Day, first Monday in July | Olaifest (Olavasoka), 29 July |
| Nationality | noun: Caymanian(s)
adjective: Caymanian |
noun: Faroese (singular and plural)
adjective: Faroese |
| Natural hazards | hurricanes (July to November) | NA |
| Natural resources | fish, climate and beaches that foster tourism | fish, whales, hydropower, possible oil and gas |
| Net migration rate | 17.34 migrant(s)/1,000 population
note: major destination for Cubans trying to migrate to the US (2007 est.) |
0.47 migrant(s)/1,000 population (2006 est.) |
| Political parties and leaders | United Democratic Party or UDP [McKeeva BUSH]; People's Progressive Movement or PPM [Kurt TIBBETTS]; note - no national teams (loose groupings of political organizations) were formed for the 2000 elections | 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 Leo JOHANNESEN] |
| Political pressure groups and leaders | NA | NA |
| Population | 46,600
note: most of the population lives on Grand Cayman (July 2007 est.) |
47,246 (July 2006 est.) |
| Population below poverty line | NA% | NA% |
| Population growth rate | 2.496% (2007 est.) | 0.58% (2006 est.) |
| Radio broadcast stations | AM 1, FM 4, shortwave 0 (2004) | AM 1, FM 13, shortwave 0 (1998) |
| Religions | United Church (Presbyterian and Congregational), Anglican, Baptist, Church of God, other Protestant, Roman Catholic | Evangelical Lutheran |
| Sex ratio | at birth: 1.02 male(s)/female
under 15 years: 1.003 male(s)/female 15-64 years: 0.951 male(s)/female 65 years and over: 0.887 male(s)/female total population: 0.956 male(s)/female (2007 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: 0.83 male(s)/female total population: 1.05 male(s)/female (2006 est.) |
| Suffrage | 18 years of age; universal | 18 years of age; universal |
| Telephone system | general assessment: reasonably good system
domestic: liberalization of telecom market in 2003; introduction of competition in the mobile-cellular market in 2004 international: country code - 1-345; landing point for the MAYA-1 submarine telephone cable network that provides links to the US and parts of Central and South America; submarine cable provides connectivity to Jamaica; satellite earth station - 1 Intelsat (Atlantic Ocean) (2007) |
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 | 38,000 (2002) | 23,800 (2005) |
| Telephones - mobile cellular | 17,000 (2002) | 42,500 (2005) |
| Television broadcast stations | 4 with cable system (2004) | 3 (plus 43 low-power repeaters) (September 1995) |
| Terrain | low-lying limestone base surrounded by coral reefs | rugged, rocky, some low peaks; cliffs along most of coast |
| Total fertility rate | 1.89 children born/woman (2007 est.) | 2.17 children born/woman (2006 est.) |
| Unemployment rate | 4.4% (2004) | 1% (October 2000) |
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