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Compare Faroe Islands (2002) - Liechtenstein (2001)

Compare Faroe Islands (2002) z Liechtenstein (2001)

 Faroe Islands (2002)Liechtenstein (2001)
 Faroe IslandsLiechtenstein
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 11 communes (gemeinden, singular - gemeinde); Balzers, Eschen, Gamprin, Mauren, Planken, Ruggell, Schaan, Schellenberg, Triesen, Triesenberg, Vaduz
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:
18.41% (male 2,992; female 2,996)

15-64 years:
70.6% (male 11,455; female 11,511)

65 years and over:
10.99% (male 1,439; female 2,135) (2001 est.)
Agriculture - products milk, potatoes, vegetables; sheep; salmon, other fish wheat, barley, corn, potatoes; livestock, dairy products
Airports 1 (2001) none
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:
160 sq km

land:
160 sq km

water:
0 sq km
Area - comparative eight times the size of Washington, DC about 0.9 times 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. The Principality of Liechtenstein was established within the Holy Roman Empire in 1719; it became a sovereign state in 1806. Until the end of World War I, it was closely tied to Austria, but the economic devastation caused by that conflict forced Liechtenstein to conclude a customs and monetary union with Switzerland. Since World War II (in which Liechtenstein remained neutral) the country's low taxes have spurred outstanding economic growth. However, shortcomings in banking regulatory oversight have resulted in concerns about the use of the financial institutions for money laundering.
Birth rate 13.74 births/1,000 population (2002 est.) 11.53 births/1,000 population (2001 est.)
Budget revenues: $488 million


expenditures: $484 million, including capital expenditures of $21 million (1999)
revenues:
$424.2 million

expenditures:
$414.1 million, including capital expenditures of $NA (1998 est.)
Capital Torshavn Vaduz
Climate mild winters, cool summers; usually overcast; foggy, windy continental; cold, cloudy winters with frequent snow or rain; cool to moderately warm, cloudy, humid summers
Coastline 1,117 km 0 km (landlocked)
Constitution 5 June 1953 (Danish constitution) 5 October 1921
Country name conventional long form: none


conventional short form: Faroe Islands


local long form: none


local short form: Foroyar
conventional long form:
Principality of Liechtenstein

conventional short form:
Liechtenstein

local long form:
Fuerstentum Liechtenstein

local short form:
Liechtenstein
Currency Danish krone (DKK) Swiss franc (CHF)
Death rate 8.69 deaths/1,000 population (2002 est.) 6.7 deaths/1,000 population (2001 est.)
Debt - external $64 million (1999) $0 (1996)
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 Liechtenstein, but the US Ambassador to Switzerland is also accredited to Liechtenstein
Diplomatic representation in the US none (self-governing overseas administrative division of Denmark) Liechtenstein's Ambassador to the US, Claudia FRITSCHE, is dually accredited to the UN in New York
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 Liechtenstein's royal family claims restitution for 1,600 sq km of land in the Czech Republic confiscated in 1918
Economic aid - recipient $135 million (annual subsidy from Denmark) (1999) none
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. Despite its small size and limited natural resources, Liechtenstein has developed into a prosperous, highly industrialized, free-enterprise economy with a vital financial service sector and living standards on a par with the urban areas of its large European neighbors. Low business taxes - the maximum tax rate is 18% - and easy incorporation rules have induced 73,700 holding or so-called letter box companies to establish nominal offices in Liechtenstein, providing 30% of state revenues. The country participates in a customs union with Switzerland and uses the Swiss franc as its national currency. It imports more than 90% of its energy requirements. Liechtenstein has been a member of the European Economic Area (an organization serving as a bridge between European Free Trade Association (EFTA) and EU) since May 1995. The government is working to harmonize its economic policies with those of an integrated Europe.
Electricity - consumption 153.45 million kWh (2000) NA kWh
Electricity - exports 0 kWh (2000) NA kWh
Electricity - imports 0 kWh (2000) NA kWh
Electricity - production 165 million kWh (2000) -
Electricity - production by source fossil fuel: 61%


hydro: 39%


nuclear: 0%


other: 0% (2000)
fossil fuel:
NA%

hydro:
NA%

nuclear:
NA%

other:
NA%
Elevation extremes lowest point: Atlantic Ocean 0 m


highest point: Slaettaratindur 882 m
lowest point:
Ruggeller Riet 430 m

highest point:
Grauspitz 2,599 m
Environment - current issues NA NA
Environment - international agreements - party to:
Air Pollution, Air Pollution-Nitrogen Oxides, Air Pollution-Sulphur 85, Air Pollution-Sulphur 94, Air Pollution-Volatile Organic Compounds, Biodiversity, Climate Change, Desertification, Endangered Species, Hazardous Wastes, Ozone Layer Protection, Wetlands

signed, but not ratified:
Air Pollution-Persistent Organic Pollutants, Climate Change-Kyoto Protocol, Law of the Sea
Ethnic groups Scandinavian Alemannic 87.5%, Italian, Turkish, and other 12.5%
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) Swiss francs per US dollar - 1.6303 (January 2001), 1.6888 (2000), 1.5022 (1999), 1.4498 (1998), 1.4513 (1997), 1.2360 (1996)
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:
Prince HANS ADAM II (since 13 November 1989, assumed executive powers 26 August 1984); Heir Apparent Prince ALOIS, son of the monarch (born 11 June 1968)

head of government:
Head of Government Mario FRICK (since 15 December 1993) and Deputy Head of Government Michael RITTER (since 2 February 1997)

cabinet:
Cabinet elected by the Diet; confirmed by the monarch

elections:
none; the monarch is hereditary; following legislative elections, the leader of the majority party in the Diet is usually appointed the head of government by the monarch and the leader of the largest minority party in the Diet is usually appointed the deputy head of government by the monarch
Exports $471 million f.o.b. (1999) $2.47 billion (1996)
Exports - commodities fish and fish products 94%, stamps, ships (1999) small specialty machinery, dental products, stamps, hardware, pottery
Exports - partners Denmark 32%, UK 21%, France 9%, Germany 7%, Iceland 5%, US 5% (1996) EU and EFTA countries 60.57% (Switzerland 15.7%) (1995)
Fiscal year calendar 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) two equal horizontal bands of blue (top) and red with a gold crown on the hoist side of the blue band
GDP purchasing power parity - $910 million (2000 est.) purchasing power parity - $730 million (1998 est.)
GDP - composition by sector agriculture: 27%


industry: 11%


services: 62% (1999)
agriculture:
NA%

industry:
NA%

services:
NA%
GDP - per capita purchasing power parity - $20,000 (2000 est.) purchasing power parity - $23,000 (1998 est.)
GDP - real growth rate 5% (2000 est.) NA%
Geographic coordinates 62 00 N, 7 00 W 47 10 N, 9 32 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 along with Uzbekistan, one of only two doubly landlocked countries in the world; variety of microclimatic variations based on elevation
Highways total: 463 km


paved: 454 km


unpaved: 9 km (1999)
total:
250 km

paved:
250 km

unpaved:
0 km
Household income or consumption by percentage share lowest 10%: NA%


highest 10%: NA%
lowest 10%:
NA%

highest 10%:
NA%
Illicit drugs - multilateral organizations engaged in issuing international guidelines for financial sector oversight have found gaps in Liechtenstein's financial services controls that make it vulnerable to money laundering
Imports $469 million c.i.f. (1999) $917.3 million (1996)
Imports - commodities machinery and transport equipment 29%, consumer goods 36%, raw materials and semi-manufactures 32%, fuels, fish and salt (1999) machinery, metal goods, textiles, foodstuffs, motor vehicles
Imports - partners Denmark 28%, Norway 26%, Germany 7%, UK 6% Sweden 5%, Iceland 4%, US (1999) EU countries, Switzerland (1996)
Independence none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark) 23 January 1719 Imperial Principality of Liechtenstein established; 12 July 1806 established independence from the Holy Roman Empire
Industrial production growth rate 8% (1999 est.) NA%
Industries fishing, fish processing, shipbuilding, construction, handicrafts electronics, metal manufacturing, textiles, ceramics, pharmaceuticals, food products, precision instruments, tourism
Infant mortality rate 6.66 deaths/1,000 live births (2002 est.) 4.99 deaths/1,000 live births (2001 est.)
Inflation rate (consumer prices) 5.1% (1999) 0.5% (1997 est.)
International organization participation NC, NIB CE, EBRD, ECE, EFTA, IAEA, ICRM, IFRCS, Intelsat, Interpol, IOC, ITU, OPCW, OSCE, UN, UNCTAD, UNIDO, UPU, WCL, WHO (observer), WIPO, WTrO
Internet Service Providers (ISPs) 2 (2000) 44 (Liechtenstein and Switzerland) (2000)
Irrigated land 0 sq km (1998 est.) NA sq km
Judicial branch none Supreme Court or Oberster Gerichtshof; Superior Court or Obergericht
Labor force 24,250 (October 2000 ) 22,891 of which 13,847 are foreigners; 8,231 commute from Austria and Switzerland to work each day
Labor force - by occupation fishing, fish processing, and manufacturing 33%, construction and private services 33%, public services 34% industry, trade, and building 45%, services 53%, agriculture, fishing, forestry, and horticulture 2% (1997 est.)
Land boundaries 0 km total:
76 km

border countries:
Austria 35 km, Switzerland 41 km
Land use arable land: 2.14%


permanent crops: 0%


other: 97.86% (1998 est.)
arable land:
24%

permanent crops:
0%

permanent pastures:
16%

forests and woodland:
35%

other:
25% (1993 est.)
Languages Faroese (derived from Old Norse), Danish German (official), Alemannic dialect
Legal system Danish local civil and penal codes; accepts compulsory ICJ jurisdiction, with reservations
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
unicameral Diet or Landtag (25 seats; members are elected by direct popular vote under proportional representation to serve four-year terms)

elections:
last held on 9-11 February 2001 (next to be held by NA 2005)

election results:
percent of vote by party - FBP 49.90%, VU 41.35%, FL 8.71%; seats by party - FBP 13, VU 11, FL 1
Life expectancy at birth total population: 78.74 years


male: 75.28 years


female: 82.21 years (2002 est.)
total population:
78.95 years

male:
75.32 years

female:
82.6 years (2001 est.)
Literacy definition: NA


total population: NA%


male: NA%


female: NA%


note: similar to Denmark proper
definition:
age 10 and over can read and write

total population:
100%

male:
100%

female:
100% (1981 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 Central Europe, between Austria and Switzerland
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
none (landlocked)
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 defense is the responsibility of Switzerland
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 Assumption Day, 15 August
Nationality noun: Faroese (singular and plural)


adjective: Faroese
noun:
Liechtensteiner(s)

adjective:
Liechtenstein
Natural hazards NA NA
Natural resources fish, whales, hydropower hydroelectric potential, arable land
Net migration rate 2.39 migrant(s)/1,000 population (2002 est.) 4.98 migrant(s)/1,000 population (2001 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] Fatherland Union or VU [Dr. Oswald KRANZ]; Progressive Citizens' Party or FBP [Dr. Ernst WALCH]; The Free List or FL [Dr. Pepo FRICK, Karin JENNY, Rene HASLER]
Political pressure groups and leaders NA NA
Population 46,011 (July 2002 est.) 32,528 (July 2001 est.)
Population below poverty line NA% NA%
Population growth rate 0.74% (2002 est.) 0.98% (2001 est.)
Ports and harbors Torshavn, Klaksvik, Tvoroyri, Runavik, Fuglafjordhur none
Radio broadcast stations AM 1, FM 13, shortwave 0 (1998) AM 0, FM 4, shortwave 0 (1998)
Radios 26,000 (1997) 21,000 (1997)
Railways 0 km total:
18.5 km; note - owned, operated, and included in statistics of Austrian Federal Railways

standard gauge:
18.5 km 1.435-m gauge (electrified)
Religions Evangelical Lutheran Roman Catholic 80%, Protestant 7.4%, unknown 7.7%, other 4.9% (1996)
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:
1.01 male(s)/female

under 15 years:
1 male(s)/female

15-64 years:
1 male(s)/female

65 years and over:
0.67 male(s)/female

total population:
0.95 male(s)/female (2001 est.)
Suffrage 18 years of age; universal 20 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:
automatic telephone system

domestic:
NA

international:
linked to Swiss networks by cable and microwave radio relay
Telephones - main lines in use 24,851 (1999) 20,000 (1997)
Telephones - mobile cellular 10,761 (1999) NA
Television broadcast stations 3 (plus 43 low-power repeaters) (September 1995) NA (linked to Swiss networks) (1997)
Terrain rugged, rocky, some low peaks; cliffs along most of coast mostly mountainous (Alps) with Rhine Valley in western third
Total fertility rate 2.27 children born/woman (2002 est.) 1.5 children born/woman (2001 est.)
Unemployment rate 1% (October 2000 ) 1.8% (February 1999)
Waterways none none
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