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Compare Faroe Islands (2002) - Bermuda (2007)
Compare Faroe Islands (2002) z Bermuda (2007)
| Faroe Islands (2002) | Bermuda (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 | 9 parishes and 2 municipalities*; Devonshire, Hamilton, Hamilton*, Paget, Pembroke, Saint George*, Saint George's, Sandys, Smith's, Southampton, Warwick |
| 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.) |
0-14 years: 18.3% (male 6,094/female 6,014)
15-64 years: 69.2% (male 22,696/female 23,094) 65 years and over: 12.5% (male 3,597/female 4,668) (2007 est.) |
| Agriculture - products | milk, potatoes, vegetables; sheep; salmon, other fish | bananas, vegetables, citrus, flowers; dairy products, honey |
| Airports | 1 (2001) | 1 (2007) |
| Airports - with paved runways | total: 1
914 to 1,523 m: 1 (2002) |
total: 1
2,438 to 3,047 m: 1 (2007) |
| Area | total: 1,399 sq km
land: 1,399 sq km water: 0 sq km (some lakes and streams) |
total: 53.3 sq km
land: 53.3 sq km water: 0 sq km |
| Area - comparative | eight times the size of Washington, DC | about one-third the size of 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. | Bermuda was first settled in 1609 by shipwrecked English colonists headed for Virginia. Tourism to the island to escape North American winters first developed in Victorian times. Tourism continues to be important to the island's economy, although international business has overtaken it in recent years. Bermuda has developed into a highly successful offshore financial center. Although a referendum on independence from the UK was soundly defeated in 1995, the present government has reopened debate on the issue. |
| Birth rate | 13.74 births/1,000 population (2002 est.) | 11.26 births/1,000 population (2007 est.) |
| Budget | revenues: $488 million
expenditures: $484 million, including capital expenditures of $21 million (1999) |
revenues: $738 million
expenditures: $665 million (FY04/05) |
| Capital | Torshavn | name: Hamilton
geographic coordinates: 32 17 N, 64 47 W time difference: UTC-4 (1 hour ahead of Washington, DC during Standard Time) daylight saving time: +1hr, begins second Sunday in March; ends first Sunday in November |
| Climate | mild winters, cool summers; usually overcast; foggy, windy | subtropical; mild, humid; gales, strong winds common in winter |
| Coastline | 1,117 km | 103 km |
| Constitution | 5 June 1953 (Danish constitution) | 8 June 1968; amended 1989 and 2003 |
| Country name | conventional long form: none
conventional short form: Faroe Islands local long form: none local short form: Foroyar |
conventional long form: none
conventional short form: Bermuda former: Somers Islands |
| Currency | Danish krone (DKK) | - |
| Death rate | 8.69 deaths/1,000 population (2002 est.) | 7.84 deaths/1,000 population (2007 est.) |
| Debt - external | $64 million (1999) | $160 million (FY99/00) |
| Dependency status | part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark since 1948 | overseas territory of the UK |
| Diplomatic representation from the US | none (self-governing overseas administrative division of Denmark) | chief of mission: Consul General Gregory W. SLAYTON
consulate(s) general: Crown Hill, 16 Middle Road, Devonshire DVO3 mailing address: P. O. Box HM325, Hamilton HMBX; American Consulate General Hamilton, US Department of State, 5300 Hamilton Place, Washington, DC 20520-5300 telephone: [1] (441) 295-1342 FAX: [1] (441) 295-1592, [1] (441) 296-9233 |
| Diplomatic representation in the US | none (self-governing overseas administrative division of Denmark) | none (overseas territory of the UK) |
| 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 | none |
| Economic aid - recipient | $135 million (annual subsidy from Denmark) (1999) | $NA (2004) |
| 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. | Bermuda enjoys the highest per capita income in the world, more than 50% higher than that of the US. Its economy is primarily based on providing financial services for international business and luxury facilities for tourists. A number of reinsurance companies relocated to the island following the 11 September 2001 attacks and again after Hurricane Katrina in August 2005, contributing to the expansion of an already robust international business sector. Bermuda's tourism industry - which derives over 80% of its visitors from the US - continues to struggle but remains the island's number two industry. Most capital equipment and food must be imported. Bermuda's industrial sector is small, although construction continues to be important; the average cost of a house in June 2003 had risen to $976,000. Agriculture is limited with only 20% of the land being arable. |
| Electricity - consumption | 153.45 million kWh (2000) | 574.8 million kWh (2005) |
| Electricity - exports | 0 kWh (2000) | 0 kWh (2005) |
| Electricity - imports | 0 kWh (2000) | 0 kWh (2005) |
| Electricity - production | 165 million kWh (2000) | 618 million kWh (2005) |
| 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: Atlantic Ocean 0 m
highest point: Town Hill 76 m |
| Environment - current issues | NA | sustainable development |
| Ethnic groups | Scandinavian | black 54.8%, white 34.1%, mixed 6.4%, other races 4.3%, unspecified 0.4% (2000 census) |
| 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) | Bermudian dollar per US dollar - 1.0000 (fixed rate pegged to the US dollar) |
| 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 |
chief of state: Queen ELIZABETH II (since 6 February 1952); represented by Acting Governor Mark CAPES (since 12 October 2007)
head of government: Premier Ewart BROWN (since 30 October 2006); Deputy Premier Paula COX cabinet: Cabinet nominated by the premier, appointed by the governor elections: none; the monarch is hereditary; governor appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed premier by the governor |
| Exports | $471 million f.o.b. (1999) | 0 bbl/day (2005) |
| Exports - commodities | fish and fish products 94%, stamps, ships (1999) | reexports of pharmaceuticals |
| Exports - partners | Denmark 32%, UK 21%, France 9%, Germany 7%, Iceland 5%, US 5% (1996) | Spain 31.6%, UK 16.6%, Brazil 9.6%, Sweden 7.9% (2006) |
| Fiscal year | calendar year | 1 April - 31 March |
| 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) | red, with the flag of the UK in the upper hoist-side quadrant and the Bermudian coat of arms (white and green shield with a red lion holding a scrolled shield showing the sinking of the ship Sea Venture off Bermuda in 1609) centered on the outer half of the flag |
| GDP | purchasing power parity - $910 million (2000 est.) | - |
| GDP - composition by sector | agriculture: 27%
industry: 11% services: 62% (1999) |
agriculture: 1%
industry: 10% services: 89% (2002 est.) |
| GDP - per capita | purchasing power parity - $20,000 (2000 est.) | - |
| GDP - real growth rate | 5% (2000 est.) | 4.6% (2004 est.) |
| Geographic coordinates | 62 00 N, 7 00 W | 32 20 N, 64 45 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 | consists of about 138 coral islands and islets with ample rainfall, but no rivers or freshwater lakes; some land was leased by US Government from 1941 to 1995 |
| 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) | NA bbl/day |
| Imports - commodities | machinery and transport equipment 29%, consumer goods 36%, raw materials and semi-manufactures 32%, fuels, fish and salt (1999) | clothing, fuels, machinery and transport equipment, construction materials, chemicals, food and live animals |
| Imports - partners | Denmark 28%, Norway 26%, Germany 7%, UK 6% Sweden 5%, Iceland 4%, US (1999) | US 71.8%, Venezuela 6.9%, Canada 6.6% (2006) |
| Independence | none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark) | none (overseas territory of the UK) |
| Industrial production growth rate | 8% (1999 est.) | NA% |
| Industries | fishing, fish processing, shipbuilding, construction, handicrafts | international business, tourism, light manufacturing |
| Infant mortality rate | 6.66 deaths/1,000 live births (2002 est.) | total: 8.08 deaths/1,000 live births
male: 9.58 deaths/1,000 live births female: 6.56 deaths/1,000 live births (2007 est.) |
| Inflation rate (consumer prices) | 5.1% (1999) | 2.8% (November 2005) |
| International organization participation | NC, NIB | Caricom (associate), Interpol (subbureau), IOC, ITUC, UPU, WCO |
| Internet Service Providers (ISPs) | 2 (2000) | - |
| Irrigated land | 0 sq km (1998 est.) | NA |
| Judicial branch | none | Supreme Court; Court of Appeal; Magistrate Courts |
| Labor force | 24,250 (October 2000 ) | 38,360 (2004) |
| Labor force - by occupation | fishing, fish processing, and manufacturing 33%, construction and private services 33%, public services 34% | agriculture and fishing 3%, laborers 17%, clerical 19%, professional and technical 21%, administrative and managerial 15%, sales 7%, services 19% (2004 est.) |
| Land boundaries | 0 km | 0 km |
| Land use | arable land: 2.14%
permanent crops: 0% other: 97.86% (1998 est.) |
arable land: 20%
permanent crops: 0% other: 80% (55% developed, 45% rural/open space) (2005) |
| Languages | Faroese (derived from Old Norse), Danish | English (official), Portuguese |
| Legal system | Danish | English law |
| 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 |
bicameral Parliament consists of the Senate (11 seats; members appointed by the governor, the premier, and the opposition) and the House of Assembly (36 seats; members are elected by popular vote to serve up to five-year terms)
elections: last general election held 24 July 2003 (next to be held not later than July 2008) election results: percent of vote by party - PLP 51.7%, UBP 48%; seats by party - PLP 22, UBP 14 |
| Life expectancy at birth | total population: 78.74 years
male: 75.28 years female: 82.21 years (2002 est.) |
total population: 78.13 years
male: 76 years female: 80.29 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: 98% male: 98% female: 99% (2005 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 | North America, group of islands in the North Atlantic Ocean, east of South Carolina (US) |
| Map references | Europe | North 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
exclusive fishing zone: 200 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.) |
total: 133 ships (1000 GRT or over) 8,366,999 GRT/8,615,385 DWT
by type: bulk carrier 24, container 22, liquefied gas 30, passenger 23, passenger/cargo 5, petroleum tanker 15, refrigerated cargo 10, roll on/roll off 4 foreign-owned: 126 (Australia 4, Belgium 3, China 10, France 1, Germany 21, Greece 3, Hong Kong 4, Ireland 1, Israel 3, Japan 1, Nigeria 11, Norway 5, Singapore 1, Sweden 15, UK 20, US 23) registered in other countries: 50 (Bahamas 12, Croatia 2, Marshall Islands 5, Philippines 31) (2007) |
| Military - note | defense is the responsibility of Denmark | defense is the responsibility of the UK |
| Military branches | no regular indigenous military forces; small Police Force and Coast Guard are maintained | no regular military forces; Bermuda Police Service, Bermuda Reserve Constabulary, Bermuda Regiment |
| Military expenditures - dollar figure | $NA | - |
| Military expenditures - percent of GDP | NA% | 0.11% (2005 est.) |
| National holiday | Olaifest, 29 July | Bermuda Day, 24 May |
| Nationality | noun: Faroese (singular and plural)
adjective: Faroese |
noun: Bermudian(s)
adjective: Bermudian |
| Natural hazards | NA | hurricanes (June to November) |
| Natural resources | fish, whales, hydropower | limestone, pleasant climate fostering tourism |
| Net migration rate | 2.39 migrant(s)/1,000 population (2002 est.) | 2.34 migrant(s)/1,000 population (2007 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] | Progressive Labor Party or PLP [Ewart BROWN]; United Bermuda Party or UBP [Wayne FURBERT] |
| Political pressure groups and leaders | NA | Bermuda Employer's Union [Eddie SAINTS]; Bermuda Industrial Union or BIU [Derrick BURGESS]; Bermuda Public Services Union or BPSU [Ed BALL]; Bermuda Union of Teachers [Michael CHARLES] |
| Population | 46,011 (July 2002 est.) | 66,163 (July 2007 est.) |
| Population below poverty line | NA% | 19% (2000) |
| Population growth rate | 0.74% (2002 est.) | 0.576% (2007 est.) |
| Ports and harbors | Torshavn, Klaksvik, Tvoroyri, Runavik, Fuglafjordhur | - |
| Radio broadcast stations | AM 1, FM 13, shortwave 0 (1998) | AM 5, FM 3, shortwave 0 (2005) |
| Radios | 26,000 (1997) | - |
| Railways | 0 km | - |
| Religions | Evangelical Lutheran | Anglican 23%, Roman Catholic 15%, African Methodist Episcopal 11%, other Protestant 18%, other 12%, unaffiliated 6%, unspecified 1%, none 14% (2000 census) |
| 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.) |
at birth: 1.02 male(s)/female
under 15 years: 1.013 male(s)/female 15-64 years: 0.983 male(s)/female 65 years and over: 0.771 male(s)/female total population: 0.959 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: good
domestic: fully automatic digital telephone system; fiber-optic trunk lines international: country code - 1-441; landing point for the Atlantica-1 telecommunications submarine cable that extends from the US to Brazil; satellite earth stations - 3 (2007) |
| Telephones - main lines in use | 24,851 (1999) | 57,700 (2006) |
| Telephones - mobile cellular | 10,761 (1999) | 60,100 (2006) |
| Television broadcast stations | 3 (plus 43 low-power repeaters) (September 1995) | 3 (2005) |
| Terrain | rugged, rocky, some low peaks; cliffs along most of coast | low hills separated by fertile depressions |
| Total fertility rate | 2.27 children born/woman (2002 est.) | 1.88 children born/woman (2007 est.) |
| Unemployment rate | 1% (October 2000 ) | 2.1% (2004 est.) |
| Waterways | none | - |
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