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Compare Faroe Islands (2002) - Arctic Ocean (2003)

Compare Faroe Islands (2002) z Arctic Ocean (2003)

 Faroe Islands (2002)Arctic Ocean (2003)
 Faroe IslandsArctic Ocean
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 -
Age structure 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 milk, potatoes, vegetables; sheep; salmon, other fish -
Airports 1 (2001) -
Airports - with paved runways total: 1


914 to 1,523 m: 1 (2002)		 -
Area total: 1,399 sq km


land: 1,399 sq km


water: 0 sq km (some lakes and streams)		 total: 14.056 million sq km


note: includes Baffin Bay, Barents Sea, Beaufort Sea, Chukchi Sea, East Siberian Sea, Greenland Sea, Hudson Bay, Hudson Strait, Kara Sea, Laptev Sea, Northwest Passage, and other tributary water bodies
Area - comparative eight times the size of Washington, DC slightly less than 1.5 times the size of the US
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 Arctic Ocean is the smallest of the world's five oceans (after the Pacific Ocean, Atlantic Ocean, Indian Ocean, and the recently delimited Southern Ocean). The Northwest Passage (US and Canada) and Northern Sea Route (Norway and Russia) are two important seasonal waterways. A sparse network of air, ocean, river, and land routes circumscribes the Arctic Ocean.
Birth rate 13.74 births/1,000 population (2002 est.) -
Budget revenues: $488 million


expenditures: $484 million, including capital expenditures of $21 million (1999)		 -
Capital Torshavn -
Climate mild winters, cool summers; usually overcast; foggy, windy polar climate characterized by persistent cold and relatively narrow annual temperature ranges; winters characterized by continuous darkness, cold and stable weather conditions, and clear skies; summers characterized by continuous daylight, damp and foggy weather, and weak cyclones with rain or snow
Coastline 1,117 km 45,389 km
Constitution 5 June 1953 (Danish constitution) -
Country name conventional long form: none


conventional short form: Faroe Islands


local long form: none


local short form: Foroyar		 -
Currency Danish krone (DKK) -
Death rate 8.69 deaths/1,000 population (2002 est.) -
Debt - external $64 million (1999) -
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) -
Diplomatic representation in the US none (self-governing overseas administrative division of Denmark) -
Disputes - international 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 some maritime disputes (see littoral states)
Economic aid - recipient $135 million (annual subsidy from Denmark) (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 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. Economic activity is limited to the exploitation of natural resources, including petroleum, natural gas, fish, and seals.
Electricity - consumption 153.45 million kWh (2000) -
Electricity - exports 0 kWh (2000) -
Electricity - imports 0 kWh (2000) -
Electricity - production 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: Slaettaratindur 882 m		 lowest point: Fram Basin -4,665 m


highest point: sea level 0 m
Environment - current issues NA endangered marine species include walruses and whales; fragile ecosystem slow to change and slow to recover from disruptions or damage; thinning polar icepack
Ethnic groups Scandinavian -
Exchange rates 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 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 $471 million f.o.b. (1999) -
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 -
Flag description 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: 27%


industry: 11%


services: 62% (1999)		 -
GDP - per capita purchasing power parity - $20,000 (2000 est.) -
GDP - real growth rate 5% (2000 est.) -
Geographic coordinates 62 00 N, 7 00 W 90 00 N, 0 00 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 major chokepoint is the southern Chukchi Sea (northern access to the Pacific Ocean via the Bering Strait); strategic location between North America and Russia; shortest marine link between the extremes of eastern and western Russia; floating research stations operated by the US and Russia; maximum snow cover in March or April about 20 to 50 centimeters over the frozen ocean; snow cover lasts about 10 months
Highways total: 463 km


paved: 454 km


unpaved: 9 km (1999)		 -
Household income or consumption by percentage share lowest 10%: NA%


highest 10%: NA%		 -
Imports $469 million c.i.f. (1999) -
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) -
Industrial production growth rate 8% (1999 est.) -
Industries fishing, fish processing, shipbuilding, construction, handicrafts -
Infant mortality rate 6.66 deaths/1,000 live births (2002 est.) -
Inflation rate (consumer prices) 5.1% (1999) -
International organization participation NC, NIB -
Internet Service Providers (ISPs) 2 (2000) -
Irrigated land 0 sq km (1998 est.) -
Judicial branch none -
Labor force 24,250 (October 2000 ) -
Labor force - by occupation fishing, fish processing, and manufacturing 33%, construction and private services 33%, public services 34% -
Land boundaries 0 km -
Land use arable land: 2.14%


permanent crops: 0%


other: 97.86% (1998 est.)		 -
Languages Faroese (derived from Old Norse), Danish -
Legal system Danish -
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 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: 78.74 years


male: 75.28 years


female: 82.21 years (2002 est.)		 -
Literacy definition: NA


total population: NA%


male: NA%


female: NA%


note: similar to Denmark proper		 -
Location Northern Europe, island group between the Norwegian Sea and the North Atlantic Ocean, about one-half of the way from Iceland to Norway body of water between Europe, Asia, and North America, mostly north of the Arctic Circle
Map references Europe Arctic Region
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		 -
Merchant marine 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 Denmark -
Military branches no regular indigenous military forces; small Police Force and Coast Guard are maintained -
Military expenditures - dollar figure $NA -
Military expenditures - percent of GDP NA% -
National holiday Olaifest, 29 July -
Nationality noun: Faroese (singular and plural)


adjective: Faroese		 -
Natural hazards NA ice islands occasionally break away from northern Ellesmere Island; icebergs calved from glaciers in western Greenland and extreme northeastern Canada; permafrost in islands; virtually ice locked from October to June; ships subject to superstructure icing from October to May
Natural resources fish, whales, hydropower sand and gravel aggregates, placer deposits, polymetallic nodules, oil and gas fields, fish, marine mammals (seals and whales)
Net migration rate 2.39 migrant(s)/1,000 population (2002 est.) -
Political parties and leaders 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 NA -
Population 46,011 (July 2002 est.) -
Population below poverty line NA% -
Population growth rate 0.74% (2002 est.) -
Ports and harbors Torshavn, Klaksvik, Tvoroyri, Runavik, Fuglafjordhur Churchill (Canada), Murmansk (Russia), Prudhoe Bay (US)
Radio broadcast stations AM 1, FM 13, shortwave 0 (1998) -
Radios 26,000 (1997) -
Railways 0 km -
Religions Evangelical Lutheran -
Sex ratio 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 -
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		 -
Telephones - main lines in use 24,851 (1999) -
Telephones - mobile cellular 10,761 (1999) -
Television broadcast stations 3 (plus 43 low-power repeaters) (September 1995) -
Terrain rugged, rocky, some low peaks; cliffs along most of coast central surface covered by a perennial drifting polar icepack that averages about 3 meters in thickness, although pressure ridges may be three times that size; clockwise drift pattern in the Beaufort Gyral Stream, but nearly straight-line movement from the New Siberian Islands (Russia) to Denmark Strait (between Greenland and Iceland); the icepack is surrounded by open seas during the summer, but more than doubles in size during the winter and extends to the encircling landmasses; the ocean floor is about 50% continental shelf (highest percentage of any ocean) with the remainder a central basin interrupted by three submarine ridges (Alpha Cordillera, Nansen Cordillera, and Lomonosov Ridge)
Total fertility rate 2.27 children born/woman (2002 est.) -
Transportation - note - sparse network of air, ocean, river, and land routes; the Northwest Passage (North America) and Northern Sea Route (Eurasia) are important seasonal waterways
Unemployment rate 1% (October 2000 ) -
Waterways none -
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