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Compare Faroe Islands (2002) - Nicaragua (2002)

Compare Faroe Islands (2002) z Nicaragua (2002)

 Faroe Islands (2002)Nicaragua (2002)
 Faroe IslandsNicaragua
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 15 departments (departamentos, singular - departamento) and 2 autonomous regions* (regiones autonomistas, singular - region autonomista); Boaco, Carazo, Chinandega, Chontales, Esteli, Granada, Jinotega, Leon, Madriz, Managua, Masaya, Matagalpa, Nueva Segovia, Rio San Juan, Rivas, Atlantico Norte*, Atlantico Sur*
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: 38.3% (male 980,621; female 945,386)


15-64 years: 58.7% (male 1,464,468; female 1,483,082)


65 years and over: 3% (male 65,610; female 84,651) (2002 est.)
Agriculture - products milk, potatoes, vegetables; sheep; salmon, other fish coffee, bananas, sugarcane, cotton, rice, corn, tobacco, sesame, soya, beans; beef, veal, pork, poultry, dairy products
Airports 1 (2001) 182 (2001)
Airports - with paved runways total: 1


914 to 1,523 m: 1 (2002)
total: 11


2,438 to 3,047 m: 3


1,524 to 2,437 m: 2


914 to 1,523 m: 3


under 914 m: 3 (2002)
Airports - with unpaved runways - total: 165


1,524 to 2,437 m: 1


914 to 1,523 m: 23


under 914 m: 141 (2002)
Area total: 1,399 sq km


land: 1,399 sq km


water: 0 sq km (some lakes and streams)
total: 129,494 sq km


land: 120,254 sq km


water: 9,240 sq km
Area - comparative eight times the size of Washington, DC slightly smaller than the state of New York
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 Pacific Coast of Nicaragua was settled as a Spanish colony from Panama in the early 16th century. Independence from Spain was declared in 1821 and the country became an independent republic in 1838. Britain occupied the Caribbean Coast in the first half of the 19th century, but gradually ceded control of the region in subsequent decades. Violent opposition to governmental manipulation and corruption spread to all classes by 1978 and resulted in a short-lived civil war that brought the Marxist Sandinista guerrillas to power in 1979. Nicaraguan aid to leftist rebels in El Salvador caused the US to sponsor anti-Sandinista contra guerrillas through much of the 1980s. Free elections in 1990, 1996, and again in 2001 saw the Sandinistas defeated. The country has slowly rebuilt its economy during the 1990s, but was hard hit by Hurricane Mitch in 1998.
Birth rate 13.74 births/1,000 population (2002 est.) 26.98 births/1,000 population (2002 est.)
Budget revenues: $488 million


expenditures: $484 million, including capital expenditures of $21 million (1999)
revenues: $726 million


expenditures: $908 million, including capital expenditures of $NA (2000 est.)
Capital Torshavn Managua
Climate mild winters, cool summers; usually overcast; foggy, windy tropical in lowlands, cooler in highlands
Coastline 1,117 km 910 km
Constitution 5 June 1953 (Danish constitution) 9 January 1987, with reforms in 1995 and 2000
Country name conventional long form: none


conventional short form: Faroe Islands


local long form: none


local short form: Foroyar
conventional long form: Republic of Nicaragua


conventional short form: Nicaragua


local long form: Republica de Nicaragua


local short form: Nicaragua
Currency Danish krone (DKK) gold cordoba (NIO)
Death rate 8.69 deaths/1,000 population (2002 est.) 4.76 deaths/1,000 population (2002 est.)
Debt - external $64 million (1999) $6.1 billion (2001 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 Barbara Calandra MOORE


embassy: Apartado Postal 327, Kilometer 4.5 Carretera Sur, Managua


mailing address: APO AA 34021


telephone: [505] 268-0123


FAX: [505] 266-9943
Diplomatic representation in the US none (self-governing overseas administrative division of Denmark) chief of mission: Ambassador Carlos J. ULVERT


chancery: 1627 New Hampshire Avenue NW, Washington, DC 20009


telephone: [1] (202) 939-6570


FAX: [1] (202) 939-6542


consulate(s) general: Houston, Los Angeles, Miami, New Orleans, 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 territorial disputes with Colombia over the Archipelago de San Andres y Providencia and Quita Sueno Bank; with respect to the maritime boundary question in the Golfo de Fonseca, the ICJ referred to the line determined by the 1900 Honduras-Nicaragua Mixed Boundary Commission and advised that some tripartite resolution among El Salvador, Honduras, and Nicaragua likely would be required; legal dispute over navigational rights of San Juan River on border with Costa Rica
Economic aid - recipient $135 million (annual subsidy from Denmark) (1999) NA
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. Nicaragua, one of the hemisphere's poorest countries, faces low per capita income, flagging socio-economic indicators, and huge external debt. Distribution of income is extremely unequal. While the country has made progress toward macroeconomic stabilization over the past few years, a banking crisis and scandal has shaken the economy. Managua will continue to be dependent on international aid and debt relief under the Heavily Indebted Poor Countries (HIPC) initiative. Donors have made aid conditional on improving governability, the openness of government financial operation, poverty alleviation, and human rights. Nicaragua met the conditions for additional debt service relief in December 2000. Growth should move up in 2002 because of increased private investment and recovery in the global economy.
Electricity - consumption 153.45 million kWh (2000) 2.176 billion kWh (2000)
Electricity - exports 0 kWh (2000) 1 million kWh (2000)
Electricity - imports 0 kWh (2000) 100 million kWh (2000)
Electricity - production 165 million kWh (2000) 2.233 billion kWh (2000)
Electricity - production by source fossil fuel: 61%


hydro: 39%


nuclear: 0%


other: 0% (2000)
fossil fuel: 82%


hydro: 9%


nuclear: 0%


other: 9% (2000)
Elevation extremes lowest point: Atlantic Ocean 0 m


highest point: Slaettaratindur 882 m
lowest point: Pacific Ocean 0 m


highest point: Mogoton 2,438 m
Environment - current issues NA deforestation; soil erosion; water pollution
Environment - international agreements - party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Wetlands


signed, but not ratified: Environmental Modification
Ethnic groups Scandinavian mestizo (mixed Amerindian and white) 69%, white 17%, black 9%, Amerindian 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) gold cordobas per US dollar - 13.88 (January 2002), 13.37 (2001), 12.69 (2000), 11.81 (1999), 10.58 (1998), 9.45 (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
chief of state: President Enrique BOLANOS Geyer (since 10 January 2002); Vice President Jose RIZO Castellon (since 10 January 2002); note - the president is both chief of state and head of government


head of government: President Enrique BOLANOS Geyer (since 10 January 2002); Vice President Jose RIZO Castellon (since 10 January 2002); note - the president is both chief of state and head of government


cabinet: Council of Ministers appointed by the president


elections: president and vice president elected on the same ticket by popular vote for a five-year term; election last held 4 November 2001 (next to be held by November 2006)


election results: Enrique BOLANOS Geyer (PLC) elected president - 56.3%, Daniel ORTEGA Saavedra (FSLN) 42.3%, Alberto SABORIO (PC) 1.4%; Jose RIZO Castellon elected vice president
Exports $471 million f.o.b. (1999) $609.5 million f.o.b. (2001 est.)
Exports - commodities fish and fish products 94%, stamps, ships (1999) coffee, shrimp and lobster, cotton, tobacco, beef, sugar, bananas; gold
Exports - partners Denmark 32%, UK 21%, France 9%, Germany 7%, Iceland 5%, US 5% (1996) US 57.7%, Germany 5.3%, Canada 4.2%, Costa Rica 3.3%, Honduras 3% (2000)
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) three equal horizontal bands of blue (top), white, and blue with the national coat of arms centered in the white band; the coat of arms features a triangle encircled by the words REPUBLICA DE NICARAGUA on the top and AMERICA CENTRAL on the bottom; similar to the flag of El Salvador, which features a round emblem encircled by the words REPUBLICA DE EL SALVADOR EN LA AMERICA CENTRAL centered in the white band; also similar to the flag of Honduras, which has five blue stars arranged in an X pattern centered in the white band
GDP purchasing power parity - $910 million (2000 est.) purchasing power parity - $12.3 billion (2001 est.)
GDP - composition by sector agriculture: 27%


industry: 11%


services: 62% (1999)
agriculture: 33%


industry: 23%


services: 44% (2000) (2000)
GDP - per capita purchasing power parity - $20,000 (2000 est.) purchasing power parity - $2,500 (2001 est.)
GDP - real growth rate 5% (2000 est.) 2.5% (2001 est.)
Geographic coordinates 62 00 N, 7 00 W 13 00 N, 85 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 largest country in Central America; contains the largest freshwater body in Central America, Lago de Nicaragua
Highways total: 463 km


paved: 454 km


unpaved: 9 km (1999)
total: 16,382 km


paved: 1,818 km


unpaved: 14,564 km (1998)
Household income or consumption by percentage share lowest 10%: NA%


highest 10%: NA%
lowest 10%: 1%


highest 10%: 49% (1998) (1998)
Illicit drugs - transshipment point for cocaine destined for the US and transshipment point for arms-for-drugs dealing
Imports $469 million c.i.f. (1999) $1.6 billion f.o.b. (2001 est.)
Imports - commodities machinery and transport equipment 29%, consumer goods 36%, raw materials and semi-manufactures 32%, fuels, fish and salt (1999) machinery and equipment, raw materials, petroleum products, consumer goods
Imports - partners Denmark 28%, Norway 26%, Germany 7%, UK 6% Sweden 5%, Iceland 4%, US (1999) US 23.9%, Costa Rica 11.4%, Venezuela 9.9%, Guatemala 7.9%, Mexico 5.9% (2000)
Independence none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark) 15 September 1821 (from Spain)
Industrial production growth rate 8% (1999 est.) 4.4% (2000 est.)
Industries fishing, fish processing, shipbuilding, construction, handicrafts food processing, chemicals, machinery and metal products, textiles, clothing, petroleum refining and distribution, beverages, footwear, wood
Infant mortality rate 6.66 deaths/1,000 live births (2002 est.) 32.52 deaths/1,000 live births (2002 est.)
Inflation rate (consumer prices) 5.1% (1999) 7.4% (2001 est.)
International organization participation NC, NIB BCIE, CACM, CCC, ECLAC, FAO, G-77, IADB, IAEA, IBRD, ICAO, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, ISO (correspondent), ITU, LAES, LAIA (observer), NAM, OAS, OPANAL, OPCW, PCA, RG, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UPU, WCL, WHO, WIPO, WMO, WToO, WTrO
Internet Service Providers (ISPs) 2 (2000) 3 (2000)
Irrigated land 0 sq km (1998 est.) 880 sq km (1998 est.)
Judicial branch none Supreme Court or Corte Suprema (16 judges elected for five-year terms by the National Assembly)
Labor force 24,250 (October 2000 ) 1.7 million (1999) (1999)
Labor force - by occupation fishing, fish processing, and manufacturing 33%, construction and private services 33%, public services 34% services 43%, agriculture 42%, industry 15% (1999 est.)
Land boundaries 0 km total: 1,231 km


border countries: Costa Rica 309 km, Honduras 922 km
Land use arable land: 2.14%


permanent crops: 0%


other: 97.86% (1998 est.)
arable land: 20.24%


permanent crops: 2.38%


other: 77.38% (1998 est.)
Languages Faroese (derived from Old Norse), Danish Spanish (official)


note: English and indigenous languages on Atlantic coast
Legal system Danish civil law system; Supreme Court may review administrative acts
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 National Assembly or Asamblea Nacional (93 seats; members are elected by proportional representation to serve five-year terms)


elections: last held 4 November 2001 (next to be held by November 2006)


election results: percent of vote by party - Liberal Alliance (ruling party - includes PLC, PALI, PLIUN, and PUCA) 46.03%, FSLN 36.55%, PCCN 3.73%, PCN 2.12%, MRS 1.33%; seats by party - Liberal Alliance 42, FSLN 36, PCCN 4, PCN 3, PRONAL 2, MRS 1, PRN 1, PC 1, PLI 1, AU 1, UNO-96 1
Life expectancy at birth total population: 78.74 years


male: 75.28 years


female: 82.21 years (2002 est.)
total population: 69.37 years


male: 67.39 years


female: 71.44 years (2002 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: 68.2% (1999)


male: 67.1%


female: 70.5% (2000 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 Middle America, bordering both the Caribbean Sea and the North Pacific Ocean, between Costa Rica and Honduras
Map references Europe 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
continental shelf: natural prolongation


territorial sea: 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.)
none (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 Army, Navy, Air Force
Military expenditures - dollar figure $NA $26 million (FY98)
Military expenditures - percent of GDP NA% 1.2% (FY98)
Military manpower - availability - males age 15-49: 1,308,430 (2002 est.)
Military manpower - fit for military service - males age 15-49: 802,779 (2002 est.)
Military manpower - military age - 18 years of age (2002 est.)
Military manpower - reaching military age annually - males: 58,232 (2002 est.)
National holiday Olaifest, 29 July Independence Day, 15 September (1821)
Nationality noun: Faroese (singular and plural)


adjective: Faroese
noun: Nicaraguan(s)


adjective: Nicaraguan
Natural hazards NA destructive earthquakes, volcanoes, landslides; extremely susceptible to hurricanes
Natural resources fish, whales, hydropower gold, silver, copper, tungsten, lead, zinc, timber, fish
Net migration rate 2.39 migrant(s)/1,000 population (2002 est.) -1.3 migrant(s)/1,000 population (2002 est.)
Pipelines - crude oil 56 km
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] Conservative Party of Nicaragua or PCN [Dr. Fernando AGUERO Rocha]; Independent Liberal Party or PLI [Virgilio GODOY]; Liberal Alliance (ruling alliance including Liberal Constitutional Party or PLC, New Liberal Party or PALI, Independent Liberal Party for National Unity or PLIUN, and Central American Unionist Party or PUCA) [leader NA]; National Conservative Party or PC [Pedro SOLARZANO, Noel VIDAURRE]; National Project or PRONAL [Benjamin LANZAS]; Nicaraguan Party of the Christian Path or PCCN [Guillermo OSORNO, Roberto RODRIGUEZ]; Nicaraguan Resistance Party or PRN [Salvador TALAVERA]; Sandinista National Liberation Front or FSLN [Daniel ORTEGA Saavedra]; Sandinista Renovation Movement or MRS [Sergio RAMIREZ]; Unity Alliance or AU [Alejandro SERRANO]; Union Nacional Opositora 96 or UNO-96 [Alfredo CESAR Aguirre]
Political pressure groups and leaders NA National Workers Front or FNT is a Sandinista umbrella group of eight labor unions including - Farm Workers Association or ATC, Health Workers Federation or FETASALUD, Heroes and Martyrs Confederation of Professional Associations or CONAPRO, National Association of Educators of Nicaragua or ANDEN, National Union of Employees or UNE, National Union of Farmers and Ranchers or UNAG, Sandinista Workers Central or CST, and Union of Journalists of Nicaragua or UPN; Permanent Congress of Workers or CPT is an umbrella group of four non-Sandinista labor unions including - Autonomous Nicaraguan Workers Central or CTN-A, Confederation of Labor Unification or CUS, Independent General Confederation of Labor or CGT-I, and Labor Action and Unity Central or CAUS; Nicaraguan Workers' Central or CTN is an independent labor union; Superior Council of Private Enterprise or COSEP is a confederation of business groups
Population 46,011 (July 2002 est.) 5,023,818 (July 2002 est.)
Population below poverty line NA% 50% (2001 est.)
Population growth rate 0.74% (2002 est.) 2.09% (2002 est.)
Ports and harbors Torshavn, Klaksvik, Tvoroyri, Runavik, Fuglafjordhur Bluefields, Corinto, El Bluff, Puerto Cabezas, Puerto Sandino, Rama, San Juan del Sur
Radio broadcast stations AM 1, FM 13, shortwave 0 (1998) AM 63, FM 32, shortwave 1 (1998)
Radios 26,000 (1997) 1.24 million (1997)
Railways 0 km total: 6 km


narrow gauge: 6 km 1.067-m gauge


note: carries mostly passengers from Chichigalpa to Ingenio San Antonio (2001)
Religions Evangelical Lutheran Roman Catholic 85%, Protestant
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: 1.05 male(s)/female


under 15 years: 1.04 male(s)/female


15-64 years: 0.99 male(s)/female


65 years and over: 0.78 male(s)/female


total population: 1 male(s)/female (2002 est.)
Suffrage 18 years of age; universal 16 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: inadequate system being upgraded by foreign investment


domestic: low-capacity microwave radio relay and wire system being expanded; connected to Central American Microwave System


international: satellite earth stations - 1 Intersputnik (Atlantic Ocean region) and 1 Intelsat (Atlantic Ocean)
Telephones - main lines in use 24,851 (1999) 140,000 (1996)
Telephones - mobile cellular 10,761 (1999) 7,911 (1997)
Television broadcast stations 3 (plus 43 low-power repeaters) (September 1995) 3 (plus seven low-power repeaters) (1997)
Terrain rugged, rocky, some low peaks; cliffs along most of coast extensive Atlantic coastal plains rising to central interior mountains; narrow Pacific coastal plain interrupted by volcanoes
Total fertility rate 2.27 children born/woman (2002 est.) 3.09 children born/woman (2002 est.)
Unemployment rate 1% (October 2000 ) 23% plus considerable underemployment (2001 est.)
Waterways none 2,220 km (including 2 large lakes)
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