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Compare Faroe Islands (2002) - Turks and Caicos Islands (2004)

Compare Faroe Islands (2002) z Turks and Caicos Islands (2004)

 Faroe Islands (2002)Turks and Caicos Islands (2004)
 Faroe IslandsTurks and Caicos Islands
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 none (overseas territory of the UK)
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: 32.5% (male 3,301; female 3,184)


15-64 years: 63.8% (male 6,696; female 6,036)


65 years and over: 3.7% (male 327; female 412) (2004 est.)
Agriculture - products milk, potatoes, vegetables; sheep; salmon, other fish corn, beans, cassava (tapioca), citrus fruits; fish
Airports 1 (2001) 8 (2003 est.)
Airports - with paved runways total: 1


914 to 1,523 m: 1 (2002)
total: 6


1,524 to 2,437 m: 3


914 to 1,523 m: 1


under 914 m: 2 (2004 est.)
Airports - with unpaved runways - total: 2


under 914 m: 2 (2004 est.)
Area total: 1,399 sq km


land: 1,399 sq km


water: 0 sq km (some lakes and streams)
total: 430 sq km


land: 430 sq km


water: 0 sq km
Area - comparative eight times the size of Washington, DC 2.5 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 islands were part of the UK's Jamaican colony until 1962, when they assumed the status of a separate crown colony upon Jamaica's independence. The governor of The Bahamas oversaw affairs from 1965 to 1973. With Bahamian independence, the islands received a separate governor in 1973. Although independence was agreed upon for 1982, the policy was reversed and the islands remain a British overseas territory.
Birth rate 13.74 births/1,000 population (2002 est.) 22.85 births/1,000 population (2004 est.)
Budget revenues: $488 million


expenditures: $484 million, including capital expenditures of $21 million (1999)
revenues: $47 million


expenditures: $33.6 million, including capital expenditures of NA (1997-98 est.)
Capital Torshavn Grand Turk (Cockburn Town)
Climate mild winters, cool summers; usually overcast; foggy, windy tropical; marine; moderated by trade winds; sunny and relatively dry
Coastline 1,117 km 389 km
Constitution 5 June 1953 (Danish constitution) introduced 30 August 1976; suspended in 1986; restored and revised 5 March 1988
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: Turks and Caicos Islands
Currency Danish krone (DKK) US dollar (USD)
Death rate 8.69 deaths/1,000 population (2002 est.) 4.26 deaths/1,000 population (2004 est.)
Debt - external $64 million (1999) NA (2002 est.)
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) none (overseas territory of the UK)
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 have received Haitians fleeing economic collapse and civil unrest
Economic aid - recipient $135 million (annual subsidy from Denmark) (1999) $4.1 million (1997)
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. The Turks and Caicos economy is based on tourism, fishing, and offshore financial services. Most capital goods and food for domestic consumption are imported. The US is the leading source of tourists, accounting for more than half of the 93,000 visitors in the late 1990s. Major sources of government revenue include fees from offshore financial activities and customs receipts. Tourism fell by 6% in 2002.
Electricity - consumption 153.45 million kWh (2000) 4.65 million kWh (2001)
Electricity - exports 0 kWh (2000) 0 kWh (2001)
Electricity - imports 0 kWh (2000) 0 kWh (2001)
Electricity - production 165 million kWh (2000) 5 million kWh (2001)
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: Caribbean Sea 0 m


highest point: Blue Hills 49 m
Environment - current issues NA limited natural fresh water resources, private cisterns collect rainwater
Ethnic groups Scandinavian black 90%, mixed, European, or North American 10%
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) the US dollar is used
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 1953), represented by Governor Jim POSTON (since 16 December 2002)


head of government: Chief Minister Michael Eugene MISICK (since 15 August 2003)


cabinet: Executive Council consists of three ex officio members and five appointed by the governor from among the members of the Legislative Council


elections: none; the monarch is hereditary; governor appointed by the monarch; following legislative elections, the leader of the majority party is appointed chief minister by the governor
Exports $471 million f.o.b. (1999) NA (2001)
Exports - commodities fish and fish products 94%, stamps, ships (1999) lobster, dried and fresh conch, conch shells
Exports - partners Denmark 32%, UK 21%, France 9%, Germany 7%, Iceland 5%, US 5% (1996) US, UK
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) blue, with the flag of the UK in the upper hoist-side quadrant and the colonial shield centered on the outer half of the flag; the shield is yellow and contains a conch shell, lobster, and cactus
GDP purchasing power parity - $910 million (2000 est.) purchasing power parity - $231 million (2000 est.)
GDP - composition by sector agriculture: 27%


industry: 11%


services: 62% (1999)
agriculture: NA


industry: NA


services: NA (2001 est.)
GDP - per capita purchasing power parity - $20,000 (2000 est.) purchasing power parity - $9,600 (2000 est.)
GDP - real growth rate 5% (2000 est.) 4.9% (2000 est.)
Geographic coordinates 62 00 N, 7 00 W 21 45 N, 71 35 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 about 40 islands (eight inhabited)
Highways total: 463 km


paved: 454 km


unpaved: 9 km (1999)
total: 121 km


paved: 24 km


unpaved: 97 km (2000)
Household income or consumption by percentage share lowest 10%: NA%


highest 10%: NA%
lowest 10%: NA


highest 10%: NA
Illicit drugs - transshipment point for South American narcotics destined for the US and Europe
Imports $469 million c.i.f. (1999) NA (2001)
Imports - commodities machinery and transport equipment 29%, consumer goods 36%, raw materials and semi-manufactures 32%, fuels, fish and salt (1999) food and beverages, tobacco, clothing, manufactures, construction materials
Imports - partners Denmark 28%, Norway 26%, Germany 7%, UK 6% Sweden 5%, Iceland 4%, US (1999) US, UK
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 tourism, offshore financial services
Infant mortality rate 6.66 deaths/1,000 live births (2002 est.) total: 16.27 deaths/1,000 live births


male: 18.79 deaths/1,000 live births


female: 13.61 deaths/1,000 live births (2004 est.)
Inflation rate (consumer prices) 5.1% (1999) 4% (1995)
International organization participation NC, NIB Caricom (associate), CDB, Interpol (subbureau), UPU
Internet Service Providers (ISPs) 2 (2000) -
Irrigated land 0 sq km (1998 est.) NA sq km
Judicial branch none Supreme Court
Labor force 24,250 (October 2000 ) 4,848 (1990 est.)
Labor force - by occupation fishing, fish processing, and manufacturing 33%, construction and private services 33%, public services 34% about 33% in government and 20% in agriculture and fishing; significant numbers in tourism, financial, and other services
Land boundaries 0 km 0 km
Land use arable land: 2.14%


permanent crops: 0%


other: 97.86% (1998 est.)
arable land: 2.33%


permanent crops: 0%


other: 97.67% (2001)
Languages Faroese (derived from Old Norse), Danish English (official)
Legal system Danish based on laws of England and Wales, with a few adopted from Jamaica and The Bahamas
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 Legislative Council (19 seats of which 13 are popularly elected; members serve four-year terms)


elections: last held 24 April 2003 (next to be held in 2007)


election results: percent of vote by party - PDM 53.8%, PNP 46.2%; seats by party - PDM 7, PNP 6; note - in by-elections held 7 August 2003, the PNP gained two seats for a majority of 8 seats; PDM now has 5
Life expectancy at birth total population: 78.74 years


male: 75.28 years


female: 82.21 years (2002 est.)
total population: 74.25 years


male: 72.05 years


female: 76.57 years (2004 est.)
Literacy definition: NA


total population: NA%


male: NA%


female: NA%


note: similar to Denmark proper
definition: age 15 and over has ever attended school


total population: 98%


male: 99%


female: 98% (1970 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 Caribbean, two island groups in the North Atlantic Ocean, southeast of The Bahamas, north of Haiti
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
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.)
none
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 -
Military expenditures - dollar figure $NA -
Military expenditures - percent of GDP NA% -
National holiday Olaifest, 29 July Constitution Day, 30 August (1976)
Nationality noun: Faroese (singular and plural)


adjective: Faroese
noun: none


adjective: none
Natural hazards NA frequent hurricanes
Natural resources fish, whales, hydropower spiny lobster, conch
Net migration rate 2.39 migrant(s)/1,000 population (2002 est.) 11.68 migrant(s)/1,000 population (2004 est.)
People - note - destination and transit point for illegal Haitian immigrants bound for the Turks and Caicos Islands, Bahamas, and US
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] People's Democratic Movement or PDM [Derek H. TAYLOR]; Progressive National Party or PNP [Michael Eugene MISICK]; United Democratic Party or UDP [Wendal SWANN]
Political pressure groups and leaders NA NA
Population 46,011 (July 2002 est.) 19,956 (July 2004 est.)
Population below poverty line NA% NA
Population growth rate 0.74% (2002 est.) 3.03% (2004 est.)
Ports and harbors Torshavn, Klaksvik, Tvoroyri, Runavik, Fuglafjordhur Grand Turk, Providenciales
Radio broadcast stations AM 1, FM 13, shortwave 0 (1998) AM 2, FM 7, shortwave 0 (2004)
Radios 26,000 (1997) -
Railways 0 km -
Religions Evangelical Lutheran Baptist 40%, Methodist 16%, Anglican 18%, Church of God 12%, other 14% (1990)
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: 1.11 male(s)/female


65 years and over: 0.79 male(s)/female


total population: 1.07 male(s)/female (2004 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: fair cable and radiotelephone services


domestic: NA


international: country code - 1-649; 2 submarine cables; satellite earth station - 1 Intelsat (Atlantic Ocean)
Telephones - main lines in use 24,851 (1999) 5,700 (2002)
Telephones - mobile cellular 10,761 (1999) 1,700 (1999)
Television broadcast stations 3 (plus 43 low-power repeaters) (September 1995) 0 (broadcasts from The Bahamas are received; 2 cable television networks) (2004)
Terrain rugged, rocky, some low peaks; cliffs along most of coast low, flat limestone; extensive marshes and mangrove swamps
Total fertility rate 2.27 children born/woman (2002 est.) 3.11 children born/woman (2004 est.)
Unemployment rate 1% (October 2000 ) 10% (1997 est.)
Waterways none -
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