Faroe Islands (2001) | Venezuela (2001) | |
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 | 23 states (estados, singular - estado),1 federal district* (distrito federal), and 1 federal dependency** (dependencia federal); Amazonas, Anzoategui, Apure, Aragua, Barinas, Bolivar, Carabobo, Cojedes, Delta Amacuro, Dependencias Federales**, Distrito Federal*, Falcon, Guarico, Lara, Merida, Miranda, Monagas, Nueva Esparta, Portuguesa, Sucre, Tachira, Trujillo, Vargas, Yaracuy, Zulia
note: the federal dependency consists of 11 federally controlled island groups with a total of 72 individual islands |
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:
32.11% (male 3,962,517; female 3,716,880) 15-64 years: 63.17% (male 7,581,589; female 7,526,467) 65 years and over: 4.72% (male 515,687; female 613,670) (2001 est.) |
Agriculture - products | milk, potatoes, vegetables; sheep; salmon, other fish | corn, sorghum, sugarcane, rice, bananas, vegetables, coffee; beef, pork, milk, eggs; fish |
Airports | 1 (2000 est.) | 371 (2000 est.) |
Airports - with paved runways | total:
1 914 to 1,523 m: 1 (2000 est.) |
total:
124 over 3,047 m: 4 2,438 to 3,047 m: 12 1,524 to 2,437 m: 32 914 to 1,523 m: 59 under 914 m: 17 (2000 est.) |
Airports - with unpaved runways | - | total:
247 1,524 to 2,437 m: 10 914 to 1,523 m: 97 under 914 m: 140 (2000 est.) |
Area | total:
1,399 sq km land: 1,399 sq km water: 0 sq km (some lakes and streams) |
total:
912,050 sq km land: 882,050 sq km water: 30,000 sq km |
Area - comparative | eight times the size of Washington, DC | slightly more than twice the size of California |
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. | Venezuela was one of the three countries that emerged from the collapse of Gran Colombia in 1830 (the others being Colombia and Ecuador). For most of the first half of the 20th century, Venezuela was ruled by generally benevolent military strongmen, who promoted the oil industry and allowed for some social reforms. Democratically elected governments have held sway since 1959. Current concerns include: drug-related conflicts along the Colombian border, increasing internal drug consumption, overdependence on the petroleum industry with its price fluctuations, and irresponsible mining operations that are endangering the rain forest and indigenous peoples. |
Birth rate | 13.64 births/1,000 population (2001 est.) | 20.65 births/1,000 population (2001 est.) |
Budget | revenues:
$488 million expenditures: $484 million, including capital expenditures of $21 million (1999) |
revenues:
$26.4 billion expenditures: $27 billion, including capital expenditures of $NA (2000 est.) |
Capital | Torshavn | Caracas |
Climate | mild winters, cool summers; usually overcast; foggy, windy | tropical; hot, humid; more moderate in highlands |
Coastline | 1,117 km | 2,800 km |
Constitution | 5 June 1953 (Danish constitution) | 30 December 1999 |
Country name | conventional long form:
none conventional short form: Faroe Islands local long form: none local short form: Foroyar |
conventional long form:
Bolivarian Republic of Venezuela conventional short form: Venezuela local long form: Republica Bolivariana de Venezuela local short form: Venezuela |
Currency | Danish krone (DKK) | bolivar (VEB) |
Death rate | 8.69 deaths/1,000 population (2001 est.) | 4.92 deaths/1,000 population (2001 est.) |
Debt - external | $64 million (1999) | $34 billion (2000) |
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) | chief of mission:
Ambassador Donna J. HRINAK embassy: Calle F con Calle Suapure, Urbanizacion Colinas de Valle Arriba, Caracas 1080 mailing address: P. O. Box 62291, Caracas 1060-A; APO AA 34037 telephone: [58] (2) 975-6411 FAX: [58] (2) 975-6710 |
Diplomatic representation in the US | none (self-governing overseas administrative division of Denmark) | chief of mission:
Ambassador Alfredo TORO Hardy chancery: 1099 30th Street NW, Washington, DC 20007 telephone: [1] (202) 342-2214 FAX: [1] (202) 342-6820 consulate(s) general: Boston, Chicago, Houston, Miami, New Orleans, New York, San Francisco, and San Juan (Puerto Rico) |
Disputes - international | Faroese are considering proposals for full independence | claims all of Guyana west of the Essequibo (river); maritime boundary dispute with Colombia in the Gulf of Venezuela |
Economic aid - recipient | $135 million (annual subsidy from Denmark) (1999) | $35 million with more assistance likely as a result of flooding (1999) |
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. | The petroleum sector dominates the economy, accounting for roughly a third of GDP, around 80% of export earnings, and more than half of government operating revenues. Venezuelan officials estimate that GDP grew by 3.2% in 2000. A strong rebound in international oil prices fueled the recovery from the steep recession in 1999. Nevertheless, a weak nonoil sector and capital flight undercut the recovery. The bolivar is widely believed to be overvalued by as much as 50%. The government is still rebuilding after massive flooding and landslides in December 1999 caused an estimated $15 billion to $20 billion in damage. |
Electricity - consumption | 158.1 million kWh (1999) | 75.53 billion kWh (1999) |
Electricity - exports | 0 kWh (1999) | 0 kWh (1999) |
Electricity - imports | 0 kWh (1999) | 0 kWh (1999) |
Electricity - production | 170 million kWh (1999) | 81.215 billion kWh (1999) |
Electricity - production by source | fossil fuel:
58.82% hydro: 41.18% nuclear: 0% other: 0% (1999) |
fossil fuel:
32.16% hydro: 67.84% nuclear: 0% other: 0% (1999) |
Elevation extremes | lowest point:
Atlantic Ocean 0 m highest point: Slaettaratindur 882 m |
lowest point:
Caribbean Sea 0 m highest point: Pico Bolivar (La Columna) 5,007 m |
Environment - current issues | NA | sewage pollution of Lago de Valencia; oil and urban pollution of Lago de Maracaibo; deforestation; soil degradation; urban and industrial pollution, especially along the Caribbean coast; threat to the rainforest ecosystem from irresponsible mining operations |
Environment - international agreements | - | party to:
Antarctic Treaty, Biodiversity, Climate Change, Desertification, Endangered Species, Hazardous Wastes, Marine Life Conservation, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands signed, but not ratified: Marine Dumping |
Ethnic groups | Scandinavian | Spanish, Italian, Portuguese, Arab, German, African, indigenous people |
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) | bolivares per US dollar - 699.700 (January 2001), 679.960 (2000), 605.717 (1999), 547.556 (1998), 488.635 (1997), 417.333 (1996) |
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:
President Hugo CHAVEZ Frias (since 3 February 1999); Vice President Adina BASTIDAS Castillo; note - the president is both the chief of state and head of government head of government: President Hugo CHAVEZ Frias (since 3 February 1999); Vice President Adina BASTIDAS Castillo; note - the president is both the chief of state and head of government cabinet: Council of Ministers appointed by the president elections: president elected by popular vote for a six-year term; election last held 30 July 2000 (next to be held NA 2006) election results: Hugo CHAVEZ Frias elected president; percent of vote - 60% note: government coalition - Patriotic Pole or Polo Patriotico consists of MVR, MAS, and PPT |
Exports | $471 million (f.o.b., 1999) | $32.8 billion (f.o.b., 2000) |
Exports - commodities | fish and fish products 94%, stamps, ships (1999) | petroleum, bauxite and aluminum, steel, chemicals, agricultural products, basic manufactures |
Exports - partners | Denmark 32%, UK 21%, France 9%, Germany 7%, Iceland 5%, US 5% (1996) | US and Puerto Rico 57%, Colombia, Brazil, Japan, Germany, Netherlands, Italy (1999) |
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) | three equal horizontal bands of yellow (top), blue, and red with the coat of arms on the hoist side of the yellow band and an arc of seven white five-pointed stars centered in the blue band |
GDP | purchasing power parity - $910 million (2000 est.) | purchasing power parity - $146.2 billion (2000 est.) |
GDP - composition by sector | agriculture:
27% industry: 11% services: 62% (1999) |
agriculture:
5% industry: 24% services: 71% (1999 est.) |
GDP - per capita | purchasing power parity - $20,000 (2000 est.) | purchasing power parity - $6,200 (2000 est.) |
GDP - real growth rate | 5% (2000 est.) | 3.2% (2000 est.) |
Geographic coordinates | 62 00 N, 7 00 W | 8 00 N, 66 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 | on major sea and air routes linking North and South America |
Heliports | - | 1 (2000 est.) |
Highways | total:
463 km paved: 454 km unpaved: 9 km (1999) |
total:
96,155 km paved: 32,308 km unpaved: 63,847 km (1997 est.) |
Household income or consumption by percentage share | lowest 10%:
NA% highest 10%: NA% |
lowest 10%:
1.5% highest 10%: 35.6% (1995) |
Illicit drugs | - | illicit producer of opium for the international drug trade on a small scale; however, large quantities of cocaine, heroin, and marijuana transit the country from Colombia bound for US and Europe; important money-laundering center; active eradication program primarily targeting opium; increasing signs of drug-related activities by Colombian insurgents on border |
Imports | $469 million (c.i.f., 1999) | $14.7 billion (f.o.b., 2000) |
Imports - commodities | machinery and transport equipment 29%, consumer goods 36%, raw materials and semi-manufactures 32%, fuels, fish and salt (1999) | raw materials, machinery and equipment, transport equipment, construction materials |
Imports - partners | Denmark 28%, Norway 26%, Germany 7%, UK 6% Sweden 5%, Iceland 4%, US (1999) | US 53%, Japan, Colombia, Italy, Germany, France, Brazil, Canada (1999) |
Independence | none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark) | 5 July 1811 (from Spain) |
Industrial production growth rate | 8% (1999 est.) | NA |
Industries | fishing, fish processing, shipbuilding, construction, handicrafts | petroleum, iron ore mining, construction materials, food processing, textiles, steel, aluminum, motor vehicle assembly |
Infant mortality rate | 6.8 deaths/1,000 live births (2001 est.) | 25.37 deaths/1,000 live births (2001 est.) |
Inflation rate (consumer prices) | 5.1% (1999) | 13% (2000) |
International organization participation | NC, NIB | CAN, Caricom (observer), CCC, CDB, ECLAC, FAO, G- 3, G-11, G-15, G-19, G-24, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICFTU, ICRM, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Intelsat, Interpol, IOC, IOM, ISO, ITU, LAES, LAIA, NAM, OAS, OPANAL, OPCW, OPEC, PCA, RG, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNIKOM, UNU, UPU, WCL, WFTU, WHO, WIPO, WMO, WToO, WTrO |
Internet Service Providers (ISPs) | 2 (2000) | 16 (2000) |
Irrigated land | 0 sq km | 1,900 sq km (1993 est.) |
Judicial branch | none | Supreme Tribunal of Justice or Tribuna Suprema de Justicia (magistrates are elected by the National Assembly for a single 12-year term) |
Labor force | 24,250 (October 2000) | 9.9 million (1999) |
Labor force - by occupation | fishing, fish processing, and manufacturing 33%, construction and private services 33%, public services 34% | services 64%, industry 23%, agriculture 13% (1997 est.) |
Land boundaries | 0 km | total:
4,993 km border countries: Brazil 2,200 km, Colombia 2,050 km, Guyana 743 km |
Land use | arable land:
6% permanent crops: 0% permanent pastures: 0% forests and woodland: 0% other: 94% (1996) |
arable land:
4% permanent crops: 1% permanent pastures: 20% forests and woodland: 34% other: 41% (1993 est.) |
Languages | Faroese (derived from Old Norse), Danish | Spanish (official), numerous indigenous dialects |
Legal system | Danish | based on organic laws as of July 1999; open, adversarial court system; 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 Assembly or Asamblea Nacional; 165 seats; members elected by popular vote to serve five-year terms; three seats reserved for the indigenous peoples of Venezuela
elections: last held 30 July 2000 (next to be held NA 2005) election results: Pro-government: percent of vote by party - NA%; seats by party - MVR 92, MAS 6, indigenous 3, other parties 7; Opposition: percent of vote by party - NA%; seats by party - AD 33, COPEI 6, Justice First 5, other parties 13 |
Life expectancy at birth | total population:
78.59 years male: 75.12 years female: 82.06 years |
total population:
73.31 years male: 70.29 years female: 76.56 years (2001 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: 91.1% male: 91.8% female: 90.3% (1995 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 | Northern South America, bordering the Caribbean Sea and the North Atlantic Ocean, between Colombia and Guyana |
Map references | Europe | South America, Central America and the Caribbean |
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 |
contiguous zone:
15 NM continental shelf: 200-m depth or to the depth of exploitation exclusive economic zone: 200 NM territorial sea: 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.) |
total:
36 ships (1,000 GRT or over) totaling 490,160 GRT/897,694 DWT ships by type: bulk 7, cargo 10, liquefied gas 2, passenger/cargo 1, petroleum tanker 7, roll on/roll off 8, short-sea passenger 1 (2000 est.) |
Military - note | defense is the responsibility of Denmark | - |
Military branches | defense is the responsibility of Denmark; no organized native military forces; only a small Police Force and Coast Guard are maintained | National Armed Forces (Fuerzas Armadas Nacionales or FAN) includes Ground Forces or Army (Fuerzas Terrestres or Ejercito), Naval Forces (Fuerzas Navales or Armada), Air Force (Fuerzas Aereas or Aviacion), Armed Forces of Cooperation or National Guard (Fuerzas Armadas de Cooperacion or Guardia Nacional) |
Military expenditures - dollar figure | $NA | $934 million (FY99) |
Military expenditures - percent of GDP | NA% | 0.9% (FY99) |
Military manpower - availability | - | males age 15-49:
6,524,809 (2001 est.) |
Military manpower - fit for military service | - | males age 15-49:
4,701,062 (2001 est.) |
Military manpower - military age | - | 18 years of age |
Military manpower - reaching military age annually | - | males:
246,185 (2001 est.) |
National holiday | Olaifest, 29 July | Independence Day, 5 July (1811) |
Nationality | noun:
Faroese (singular and plural) adjective: Faroese |
noun:
Venezuelan(s) adjective: Venezuelan |
Natural hazards | NA | subject to floods, rockslides, mudslides; periodic droughts |
Natural resources | fish, whales, hydropower | petroleum, natural gas, iron ore, gold, bauxite, other minerals, hydropower, diamonds |
Net migration rate | 2.89 migrant(s)/1,000 population (2001 est.) | -0.15 migrant(s)/1,000 population (2001 est.) |
Pipelines | - | crude oil 6,370 km; petroleum products 480 km; natural gas 4,010 km |
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] | Brave Peoples Alliance or ABP [leader NA]; Democratic Action or AD [Henry RAMOS Allup]; Fifth Republic Movement or MVR [leader Luis MIQUILENA]; Homeland for All or PPT [Pablo MEDINA]; Justice First [leader NA]; Movement Toward Socialism or MAS [Felipe MUJICA]; National Convergence or Convergencia [Dr. Rafael CALDERA Rodriguez]; Radical Cause or La Causa R [Andres VELASQUEZ]; Social Christian Party or COPEI [Jose CURIEL]; Venezuela Project or PV [Henrique SALAS Ronier] |
Political pressure groups and leaders | NA | FEDECAMARAS, a conservative business group; VECINOS groups; Venezuelan Confederation of Workers or CTV (labor organization dominated by the Democratic Action) |
Population | 45,661 (July 2001 est.) | 23,916,810 (July 2001 est.) |
Population below poverty line | NA% | 67% (1997 est.) |
Population growth rate | 0.78% (2001 est.) | 1.56% (2001 est.) |
Ports and harbors | Torshavn, Klaksvik, Tvoroyri, Runavik, Fuglafjorour | Amuay, Bajo Grande, El Tablazo, La Guaira, La Salina, Maracaibo, Matanzas, Palua, Puerto Cabello, Puerto la Cruz, Puerto Ordaz, Puerto Sucre, Punta Cardon |
Radio broadcast stations | AM 1, FM 13, shortwave 0 (1998) | AM 201, FM NA (20 in Caracas), shortwave 11 (1998) |
Radios | 26,000 (1997) | 10.75 million (1997) |
Railways | 0 km | total:
584 km (248 km privately owned) standard gauge: 584 km 1.435-m gauge |
Religions | Evangelical Lutheran | nominally Roman Catholic 96%, Protestant 2%, other 2% |
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:
1.08 male(s)/female under 15 years: 1.07 male(s)/female 15-64 years: 1.01 male(s)/female 65 years and over: 0.84 male(s)/female total population: 1.02 male(s)/female (2001 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 and expanding domestic: domestic satellite system with 3 earth stations; recent substantial improvement in telephone service in rural areas; substantial increase in digitalization of exchanges and trunk lines; installation of a national interurban fiber-optic network capable of digital multimedia services international: 3 submarine coaxial cables; satellite earth stations - 1 Intelsat (Atlantic Ocean) and 1 PanAmSat; participating with Colombia, Ecuador, Peru, and Bolivia in the construction of an international fiber-optic network |
Telephones - main lines in use | 24,851 (1999) | 2,600,000.00; however, 3,500,000 were installed (1998) |
Telephones - mobile cellular | 10,761 (1999) | 2 million (1998) |
Television broadcast stations | 3 (plus 43 low-power repeaters) (September 1995) | 66 (plus 45 repeaters) (1997) |
Terrain | rugged, rocky, some low peaks; cliffs along most of coast | Andes Mountains and Maracaibo Lowlands in northwest; central plains (llanos); Guiana Highlands in southeast |
Total fertility rate | 2.3 children born/woman (2001 est.) | 2.46 children born/woman (2001 est.) |
Unemployment rate | 1% (October 2000) | 14% (2000 est.) |
Waterways | none | 7,100 km
note: Rio Orinoco and Lago de Maracaibo accept oceangoing vessels |