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Compare Faroe Islands (2001) - Monaco (2008)
Compare Faroe Islands (2001) z Monaco (2008)
| Faroe Islands (2001) | Monaco (2008) | |
 |  | |
| 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 49 municipalities | none; there are no first-order administrative divisions as defined by the US Government, but there are four quarters (quartiers, singular - quartier); Fontvieille, La Condamine, Monaco-Ville, Monte-Carlo |
| Age structure | 0-14 years:
22.62% (male 5,193; female 5,136) 15-64 years: 63.64% (male 15,463; female 13,596) 65 years and over: 13.74% (male 2,802; female 3,471) (2001 est.) |
0-14 years: 15% (male 2,514/female 2,394)
15-64 years: 62.3% (male 10,047/female 10,312) 65 years and over: 22.7% (male 3,019/female 4,385) (2007 est.) |
| Agriculture - products | milk, potatoes, vegetables; sheep; salmon, other fish | none |
| Airports | 1 (2000 est.) | - |
| Airports - with paved runways | total:
1 914 to 1,523 m: 1 (2000 est.) |
- |
| Area | total:
1,399 sq km land: 1,399 sq km water: 0 sq km (some lakes and streams) |
total: 1.95 sq km
land: 1.95 sq km water: 0 sq km |
| Area - comparative | eight times the size of Washington, DC | about three times the size of The Mall in 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. | The Genoese built a fortress on the site of present-day Monaco in 1215. The current ruling Grimaldi family secured control in the late 13th century, and a principality was established in 1338. Economic development was spurred in the late 19th century with a railroad linkup to France and the opening of a casino. Since then, the principality's mild climate, splendid scenery, and gambling facilities have made Monaco world famous as a tourist and recreation center. |
| Birth rate | 13.64 births/1,000 population (2001 est.) | 9.12 births/1,000 population (2007 est.) |
| Budget | revenues:
$488 million expenditures: $484 million, including capital expenditures of $21 million (1999) |
revenues: $863 million
expenditures: $920.6 million (2005 est.) |
| Capital | Torshavn | name: Monaco
geographic coordinates: 43 44 N, 7 25 E time difference: UTC+1 (6 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 | Mediterranean with mild, wet winters and hot, dry summers |
| Coastline | 1,117 km | 4.1 km |
| Constitution | 5 June 1953 (Danish constitution) | 17 December 1962 |
| Country name | conventional long form:
none conventional short form: Faroe Islands local long form: none local short form: Foroyar |
conventional long form: Principality of Monaco
conventional short form: Monaco local long form: Principaute de Monaco local short form: Monaco |
| Currency | Danish krone (DKK) | - |
| Death rate | 8.69 deaths/1,000 population (2001 est.) | 12.92 deaths/1,000 population (2007 est.) |
| Debt - external | $64 million (1999) | $18 billion (2000 est.) |
| 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) | the US does not have an embassy in Monaco; the US Ambassador to France is accredited to Monaco; the US Consul General in Marseille (France), under the authority of the US ambassador to France, handles routine diplomatic and consular matters concerning Monaco |
| Diplomatic representation in the US | none (self-governing overseas administrative division of Denmark) | chief of mission: Ambassador to the US and UN Gilles NOGHES
chancery: 565 Fifth Avenue, 3rd floor, New York, NY 10017 telephone: (212) 286-0500 FAX: (212) 286-1574 |
| Disputes - international | Faroese are considering proposals for full independence | none |
| Economic aid - recipient | $135 million (annual subsidy from Denmark) (1999) | $NA |
| Economy - overview | 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 required to ensure 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 less 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. | Monaco, bordering France on the Mediterranean coast, is a popular resort, attracting tourists to its casino and pleasant climate. The principality also is a major banking center and has successfully sought to diversify into services and small, high-value-added, nonpolluting industries. The state has no income tax and low business taxes and thrives as a tax haven both for individuals who have established residence and for foreign companies that have set up businesses and offices. The state retains monopolies in a number of sectors, including tobacco, the telephone network, and the postal service. Living standards are high, roughly comparable to those in prosperous French metropolitan areas. |
| Electricity - consumption | 158.1 million kWh (1999) | NA kWh |
| Electricity - exports | 0 kWh (1999) | - |
| Electricity - imports | 0 kWh (1999) | NA kWh; note - electricity supplied by France |
| Electricity - production | 170 million kWh (1999) | - |
| Electricity - production by source | fossil fuel:
58.82% hydro: 41.18% nuclear: 0% other: 0% (1999) |
- |
| Elevation extremes | lowest point:
Atlantic Ocean 0 m highest point: Slaettaratindur 882 m |
lowest point: Mediterranean Sea 0 m
highest point: Mont Agel 140 m |
| Environment - current issues | NA | NA |
| Environment - international agreements | - | party to: Air Pollution, Air Pollution-Sulfur 94, Air Pollution-Volatile Organic Compounds, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Wetlands, Whaling
signed, but not ratified: none of the selected agreements |
| Ethnic groups | Scandinavian | French 47%, Monegasque 16%, Italian 16%, other 21% |
| Exchange rates | Danish kroner per US dollar - 7.951 (January 2001), 8.093 (2000), 6.976 (1999), 6.701 (1998), 6.604 (1997), 5.799 (1966) | euros per US dollar - 0.7345 (2007), 0.7964 (2006), 0.8041 (2005), 0.8054 (2004), 0.886 (2003) |
| Executive branch | chief of state:
Queen MARGRETHE II of Denmark (since 14 January 1972), represented by High Commissioner Ms. Vibeke LARSEN, chief administrative officer (since NA) 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 party that wins the most seats 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 |
chief of state: Prince ALBERT II (since 6 April 2005)
head of government: Minister of State Jean-Paul PROUST (since 1 June 2005) cabinet: Council of Government is under the authority of the monarch elections: none; the monarchy is hereditary; minister of state appointed by the monarch from a list of three French national candidates presented by the French Government |
| Exports | $471 million (f.o.b., 1999) | $716.3 million
note: full customs integration with France, which collects and rebates Monegasque trade duties; also participates in EU market system through customs union with France (2005) |
| Exports - commodities | fish and fish products 94%, stamps, ships (1999) | - |
| Exports - partners | Denmark 32%, UK 21%, France 9%, Germany 7%, Iceland 5%, US 5% (1996) | - |
| Fiscal year | calendar year | calendar year |
| Flag description | white with a red cross outlined in blue that extends to the edges of the flag; the vertical part of the cross is shifted to the hoist side in the style of the Dannebrog (Danish flag) | two equal horizontal bands of red (top) and white; similar to the flag of Indonesia which is longer and the flag of Poland which is white (top) and red |
| GDP | purchasing power parity - $910 million (2000 est.) | - |
| GDP - composition by sector | agriculture:
27% industry: 11% services: 62% (1999) |
agriculture: 0%
industry: 4.9% services: 95.1% (2005) |
| GDP - per capita | purchasing power parity - $20,000 (2000 est.) | - |
| GDP - real growth rate | 5% (2000 est.) | 0.9% (2000 est.) |
| Geographic coordinates | 62 00 N, 7 00 W | 43 44 N, 7 24 E |
| 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 | second-smallest independent state in the world (after Holy See); almost entirely urban |
| Heliports | - | 1 (2007) |
| 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 | $469 million (c.i.f., 1999) | $916.1 million
note: full customs integration with France, which collects and rebates Monegasque trade duties; also participates in EU market system through customs union with France (2005) |
| Imports - commodities | machinery and transport equipment 29%, consumer goods 36%, raw materials and semi-manufactures 32%, fuels, fish and salt (1999) | - |
| Imports - partners | Denmark 28%, Norway 26%, Germany 7%, UK 6% Sweden 5%, Iceland 4%, US (1999) | - |
| Independence | none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark) | 1419 (beginning of rule by the House of Grimaldi) |
| Industrial production growth rate | 8% (1999 est.) | NA% |
| Industries | fishing, fish processing, shipbuilding, construction, handicrafts | tourism, construction, small-scale industrial and consumer products |
| Infant mortality rate | 6.8 deaths/1,000 live births (2001 est.) | total: 5.27 deaths/1,000 live births
male: 6.09 deaths/1,000 live births female: 4.4 deaths/1,000 live births (2007 est.) |
| Inflation rate (consumer prices) | 5.1% (1999) | 1.9% (2000) |
| International organization participation | NC, NIB | ACCT, CE, FAO, IAEA, ICAO, ICC, ICCt (signatory), ICRM, IFRCS, IHO, IMO, IMSO, Interpol, IOC, IPU, ITSO, ITU, OIF, OPCW, OSCE, UN, UNCTAD, UNESCO, UNIDO, Union Latina, UNWTO, UPU, WHO, WIPO, WMO |
| Internet Service Providers (ISPs) | 2 (2000) | - |
| Irrigated land | 0 sq km | NA |
| Judicial branch | none | Supreme Court or Tribunal Supreme (judges appointed by the monarch on the basis of nominations by the National Council) |
| Labor force | 24,250 (October 2000) | 44,000
note: includes workers from all foreign countries (2005 est.) |
| Labor force - by occupation | fishing, fish processing, and manufacturing 33%, construction and private services 33%, public services 34% | - |
| Land boundaries | 0 km | total: 4.4 km
border countries: France 4.4 km |
| Land use | arable land:
6% permanent crops: 0% permanent pastures: 0% forests and woodland: 0% other: 94% (1996) |
arable land: 0%
permanent crops: 0% other: 100% (urban area) (2005) |
| Languages | Faroese (derived from Old Norse), Danish | French (official), English, Italian, Monegasque |
| Legal system | Danish | based on French law; has not accepted compulsory ICJ jurisdiction |
| Legislative branch | 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 1998 (next to be held not later than April 2002) election results: percent of vote by party - Republican Party 23.8%, People's Party 21.3%, Social Democratic Party 21.9%, Union Party 18%, Home Rue Party 7.7%, Center Party 4.1%; seats by party - Republican Party 8, People's Party 8, Social Democratic Party 7, Union Party 6, Home Rule Party 2, Center Party 1 note: election of 2 seats to the Danish Parliament was last held on 11 March 1998 (next to be held not later than March 2002); results - percent of vote by party - NA; seats by party - Social Democratic Party 1, People's Party 1 |
unicameral National Council or Conseil National (24 seats; 16 members elected by list majority system, 8 by proportional representation; to serve five-year terms)
elections: last held 3 February 2008 (next to be held February 2013) election results: percent of vote by party - UPM 52.2%, REM 40.5%, Monaco Together 7.3%; seats by party - UPM 21, REM 3 |
| Life expectancy at birth | total population:
78.59 years male: 75.12 years female: 82.06 years |
total population: 79.82 years
male: 75.99 years female: 83.85 years (2007 est.) |
| Literacy | definition:
NA total population: NA% male: NA% female: NA% note: similar to Denmark proper |
definition: age 15 and over can read and write
total population: 99% male: 99% female: 99% (2003 est.) |
| Location | Northern Europe, island group between the Norwegian Sea and the North Atlantic Ocean, about one-half of the way from Iceland to Norway | Western Europe, bordering the Mediterranean Sea on the southern coast of France, near the border with Italy |
| Map references | Europe | Europe |
| Maritime claims | 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 |
territorial sea: 12 nm
exclusive economic zone: 12 nm |
| Merchant marine | total:
6 ships (1,000 GRT or over) totaling 23,247 GRT/11,736 DWT ships by type: cargo 2, petroleum tanker 1, refrigerated cargo 1, roll on/roll off 1, short-sea passenger 1 (2000 est.) |
registered in other countries: 64 (Bahamas 11, Barbados 1, Georgia 10, Isle of Man 3, Liberia 8, Malta 1, Marshall Islands 7, Norway 5, Panama 11, St Kitts and Nevis 1, St Vincent and The Grenadines 6, unknown 1) (2007) |
| Military - note | defense is the responsibility of Denmark | defense is the responsibility of France; the Palace Guard performs ceremonial duties (2003) |
| Military branches | defense is the responsibility of Denmark; no organized native military forces; only a small Police Force and Coast Guard are maintained | - |
| Military expenditures - dollar figure | $NA | - |
| Military expenditures - percent of GDP | NA% | - |
| National holiday | Olaifest, 29 July | National Day (Saint Rainier's Day), 19 November (1857) |
| Nationality | noun:
Faroese (singular and plural) adjective: Faroese |
noun: Monegasque(s) or Monacan(s)
adjective: Monegasque or Monacan |
| Natural hazards | NA | NA |
| Natural resources | fish, whales, hydropower | none |
| Net migration rate | 2.89 migrant(s)/1,000 population (2001 est.) | 7.65 migrant(s)/1,000 population (2007 est.) |
| Political parties and leaders | Center Party [Jenis A. RANA]; Home Rule Party [Helena Dam a NEYSTABO]; People's Party [Oli BRECKMANN]; Republican Party [Hogni HOYDAL]; Social Democratic Party [Joannes EIDESGAARD]; Union Party [Edmund JOENSEN] | Union for Monaco or UPM (including National Union for the Future of Monaco or UNAM); Rally and Issues for Monaco or REM; Monaco Together |
| Political pressure groups and leaders | NA | NA |
| Population | 45,661 (July 2001 est.) | 32,671 (July 2007 est.) |
| Population below poverty line | NA% | NA% |
| Population growth rate | 0.78% (2001 est.) | 0.386% (2007 est.) |
| Ports and harbors | Torshavn, Klaksvik, Tvoroyri, Runavik, Fuglafjorour | - |
| Radio broadcast stations | AM 1, FM 13, shortwave 0 (1998) | AM 1, FM NA, shortwave 8 (1998) |
| Radios | 26,000 (1997) | - |
| Railways | 0 km | - |
| Religions | Evangelical Lutheran | Roman Catholic 90%, other 10% |
| Sex ratio | at birth:
1 male(s)/female under 15 years: 1.01 male(s)/female 15-64 years: 1.14 male(s)/female 65 years and over: 0.81 male(s)/female total population: 1.06 male(s)/female (2001 est.) |
at birth: 1.06 male(s)/female
under 15 years: 1.05 male(s)/female 15-64 years: 0.974 male(s)/female 65 years and over: 0.688 male(s)/female total population: 0.912 male(s)/female (2007 est.) |
| Suffrage | 18 years of age; universal | 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: 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 |
general assessment: modern automatic telephone system
domestic: NA international: country code - 377; no satellite earth stations; connected by cable into the French communications system |
| Telephones - main lines in use | 24,851 (1999) | 34,000 (2005) |
| Telephones - mobile cellular | 10,761 (1999) | 17,200 (2005) |
| Television broadcast stations | 3 (plus 43 low-power repeaters) (September 1995) | 5 (1998) |
| Terrain | rugged, rocky, some low peaks; cliffs along most of coast | hilly, rugged, rocky |
| Total fertility rate | 2.3 children born/woman (2001 est.) | 1.75 children born/woman (2007 est.) |
| Unemployment rate | 1% (October 2000) | 0% (2005) |
| Waterways | none | - |
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