Faroe Islands (2001) | Venezuela (2007) | |
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 capital district* (distrito capital), 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: 31.6% (male 4,169,979/female 4,046,170)
15-64 years: 63.4% (male 8,120,661/female 8,369,065) 65 years and over: 5.1% (male 586,863/female 730,790) (2007 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.) | 390 (2007) |
Airports - with paved runways | total:
1 914 to 1,523 m: 1 (2000 est.) |
total: 128
over 3,047 m: 5 2,438 to 3,047 m: 10 1,524 to 2,437 m: 34 914 to 1,523 m: 61 under 914 m: 18 (2007) |
Airports - with unpaved runways | - | total: 262
2,438 to 3,047 m: 1 1,524 to 2,437 m: 15 914 to 1,523 m: 97 under 914 m: 149 (2007) |
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 three countries that emerged from the collapse of Gran Colombia in 1830 (the others being Ecuador and New Granada, which became Colombia). 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. Hugo CHAVEZ, president since 1999, has promoted a controversial policy of "democratic socialism," which purports to alleviate social ills while at the same time attacking globalization and undermining regional stability. Current concerns include: a weakening of democratic institutions, political polarization, a politicized military, drug-related violence 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.) | 21.22 births/1,000 population (2007 est.) |
Budget | revenues:
$488 million expenditures: $484 million, including capital expenditures of $21 million (1999) |
revenues: $54.65 billion
expenditures: $54.61 billion (2006 est.) |
Capital | Torshavn | name: Caracas
geographic coordinates: 10 30 N, 66 56 W time difference: UTC-4 (1 hour ahead of Washington, DC during Standard Time) |
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) | - |
Death rate | 8.69 deaths/1,000 population (2001 est.) | 5.08 deaths/1,000 population (2007 est.) |
Debt - external | $64 million (1999) | $41.4 billion (2006 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) | chief of mission: Ambassador William R. BROWNFIELD
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] (212) 975-9234, 975-6411 FAX: [58] (212) 975-8991 |
Diplomatic representation in the US | none (self-governing overseas administrative division of Denmark) | chief of mission: Ambassador Bernardo ALVAREZ Herrera
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, San Juan (Puerto Rico) |
Disputes - international | Faroese are considering proposals for full independence | claims all of the area west of the Essequibo River in Guyana, preventing any discussion of a maritime boundary; Guyana has expressed its intention to join Barbados in asserting claims before the United Nations Convention on the Law of the Sea (UNCLOS) that Trinidad and Tobago's maritime boundary with Venezuela extends into their waters; dispute with Colombia over maritime boundary and Venezuelan-administered Los Monjes islands near the Gulf of Venezuela; Colombian-organized illegal narcotics and paramilitary activities penetrate Venezuela's shared border region; in 2006, an estimated 139,000 Colombians sought protection in 150 communities along the border in Venezuela; US, France, and the Netherlands recognize Venezuela's granting full effect to Aves Island, thereby claiming a Venezuelan EEZ/continental shelf extending over a large portion of the eastern Caribbean Sea; Dominica, Saint Kitts and Nevis, Saint Lucia, and Saint Vincent and the Grenadines protest Venezuela's full effect claim |
Economic aid - recipient | $135 million (annual subsidy from Denmark) (1999) | $48.66 million (2005) |
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. | Venezuela remains highly dependent on oil revenues, which account for roughly 90% of export earnings, more than 50% of the federal budget revenues, and around 30% of GDP. Tax collection - Venezuela's primary source of non-oil revenue - is expected to surpass $23 billion in 2006, exceeding the yearend collection goal by more than 20%. A nationwide strike between December 2002 and February 2003 had far-reaching economic consequences - real GDP declined by around 9% in 2002 and 8% in 2003 - but economic output since then has recovered strongly. Fueled by higher oil prices, record government spending helped to boost GDP growth in 2004 and 2005 to approximately 18% and 11%, respectively. Economic growth in 2006 reached about 9%. This spending, combined with recent minimum wage hikes and improved access to domestic credit, has fueled a consumption boom - car sales in 2006 increased by around 70% - but has come at the cost of higher inflation. Despite government attempts to withdraw liquidity from the economy, Venezuela's money supply set a record in June 2006, approximately 70% higher than the previous year. Imports have also jumped significantly. |
Electricity - consumption | 158.1 million kWh (1999) | 73.36 billion kWh (2005) |
Electricity - exports | 0 kWh (1999) | 0 kWh (2005) |
Electricity - imports | 0 kWh (1999) | 0 kWh (2005) |
Electricity - production | 170 million kWh (1999) | 99.2 billion kWh (2005) |
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: 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, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Marine Life Conservation, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands
signed but not ratified:: none of the selected agreements |
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 - 2,147 (2006), 2,089.8 (2005), 1,891.3 (2004), 1,607 (2003), 1,161 (2002) |
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 Jorge RODRIGUEZ Gomez (since 3 January 2007); 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 Jorge RODRIGUEZ Gomez (since 3 January 2007) cabinet: Council of Ministers appointed by the president elections: president elected by popular vote for a six-year term (eligible for a second term); election last held 3 December 2006 (next to be held in December 2012) note: in 1999, a National Constituent Assembly drafted a new constitution that increased the presidential term to six years; an election was subsequently held on 30 July 2000 under the terms of this constitution election results: Hugo CHAVEZ Frias reelected president; percent of vote - Hugo CHAVEZ Frias 62.9%, Manuel ROSALES 36.9% |
Exports | $471 million (f.o.b., 1999) | 2.293 million bbl/day (2004 est.) |
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 46.3%, Netherlands Antilles 13.5%, China 3.2% (2006) |
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 eight white five-pointed stars centered in the blue band |
GDP | purchasing power parity - $910 million (2000 est.) | - |
GDP - composition by sector | agriculture:
27% industry: 11% services: 62% (1999) |
agriculture: 3.7%
industry: 40.5% services: 55.9% (2006 est.) |
GDP - per capita | purchasing power parity - $20,000 (2000 est.) | - |
GDP - real growth rate | 5% (2000 est.) | 10.3% (2006 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; Angel Falls in the Guiana Highlands is the world's highest waterfall |
Heliports | - | 2 (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%: 0.7%
highest 10%: 35.2% (2003) |
Illicit drugs | - | small-scale illicit producer of opium and coca for the processing of opiates and coca derivatives; however, large quantities of cocaine, heroin, and marijuana transit the country from Colombia bound for US and Europe; significant narcotics-related money-laundering activity, especially along the border with Colombia and on Margarita Island; active eradication program primarily targeting opium; increasing signs of drug-related activities by Colombian insurgents on border |
Imports | $469 million (c.i.f., 1999) | NA bbl/day |
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 30.6%, Colombia 10.2%, Brazil 10.1%, Mexico 5.9%, China 4.9%, Panama 4.8% (2006) |
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.) | 7% (2006 est.) |
Industries | fishing, fish processing, shipbuilding, construction, handicrafts | petroleum, construction materials, food processing, textiles; iron ore mining, steel, aluminum; motor vehicle assembly |
Infant mortality rate | 6.8 deaths/1,000 live births (2001 est.) | total: 22.52 deaths/1,000 live births
male: 26.14 deaths/1,000 live births female: 18.72 deaths/1,000 live births (2007 est.) |
Inflation rate (consumer prices) | 5.1% (1999) | 13.7% (2006 est.) |
International organization participation | NC, NIB | CAN, Caricom (observer), CDB, CSN, FAO, G-3, G-15, G-24, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, LAES, LAIA, Mercosur, MIGA, NAM, OAS, OPANAL, OPCW, OPEC, PCA, RG, UN, UNCTAD, UNESCO, UNHCR, UNIDO, Union Latina, UNWTO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WTO |
Internet Service Providers (ISPs) | 2 (2000) | - |
Irrigated land | 0 sq km | 5,750 sq km (2003) |
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) | 12.19 million (2006 est.) |
Labor force - by occupation | fishing, fish processing, and manufacturing 33%, construction and private services 33%, public services 34% | agriculture: 13%
industry: 23% services: 64% (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: 2.85%
permanent crops: 0.88% other: 96.27% (2005) |
Languages | Faroese (derived from Old Norse), Danish | Spanish (official), numerous indigenous dialects |
Legal system | Danish | open, adversarial court system |
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 (167 seats; members elected by popular vote to serve five-year terms; three seats reserved for the indigenous peoples of Venezuela)
elections: last held 4 December 2005 (next to be held in 2010) election results: percent of vote by party - NA; seats by party - pro-government 167 (MVR 114, PODEMOS 15, PPT 11, indigenous 2, other 25), opposition 0 |
Life expectancy at birth | total population:
78.59 years male: 75.12 years female: 82.06 years |
total population: 73.28 years
male: 70.24 years female: 76.48 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: 93% male: 93.3% female: 92.7% (2001 census) |
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 |
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
contiguous zone: 15 nm exclusive economic zone: 200 nm continental shelf: 200-m depth or to the depth of exploitation |
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: 59 ships (1000 GRT or over) 808,721 GRT/1,285,783 DWT
by type: bulk carrier 7, cargo 14, chemical tanker 3, container 1, liquefied gas 6, passenger/cargo 10, petroleum tanker 17, refrigerated cargo 1 foreign-owned: 12 (Denmark 3, Greece 3, Mexico 3, Panama 1, Russia 1, Spain 1) registered in other countries: 11 (Bahamas 1, Panama 10) (2007) |
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): Ground Forces or Army (Fuerzas Terrestres or Ejercito), Naval Forces (Fuerzas Navales or Armada; includes Marines, Coast Guard), 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 | - |
Military expenditures - percent of GDP | NA% | 1.2% (2005 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.) | -1.28 migrant(s)/1,000 population (2007 est.) |
Pipelines | - | extra heavy crude oil 992 km; gas 5,369 km; oil 7,607 km; refined products 1,681 km; unknown (oil/water) 141 km (2006) |
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] | A New Time or UNT [Manuel ROSALES]; Christian Democrats or COPEI [Cesar PEREZ Vivas]; Democratic Action or AD [Henry RAMOS Allup]; Fatherland for All or PPT [Jose ALBORNOZ]; Fifth Republic Movement or MVR [Hugo CHAVEZ]; Justice First [Julio BORGES]; Movement Toward Socialism or MAS [Hector MUJICA]; Venezuela Project or PV [Henrique SALAS Romer]; We Can or PODEMOS [Ismael GARCIA] |
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.) | 26,023,528 (July 2007 est.) |
Population below poverty line | NA% | 37.9% (end 2005 est.) |
Population growth rate | 0.78% (2001 est.) | 1.486% (2007 est.) |
Ports and harbors | Torshavn, Klaksvik, Tvoroyri, Runavik, Fuglafjorour | - |
Radio broadcast stations | AM 1, FM 13, shortwave 0 (1998) | AM 201, FM NA (20 in Caracas), shortwave 11 (1998) |
Radios | 26,000 (1997) | - |
Railways | 0 km | total: 682 km
standard gauge: 682 km 1.435-m gauge (2006) |
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: 1.05 male(s)/female
under 15 years: 1.031 male(s)/female 15-64 years: 0.97 male(s)/female 65 years and over: 0.803 male(s)/female total population: 0.98 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 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: country code - 58; 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) | 4.217 million (2006) |
Telephones - mobile cellular | 10,761 (1999) | 18.79 million (2006) |
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.) | 2.55 children born/woman (2007 est.) |
Unemployment rate | 1% (October 2000) | 8.9% (2006 est.) |
Waterways | none | 7,100 km
note: Orinoco River (400 km) and Lake de Maracaibo navigable by oceangoing vessels (2005) |