Faroe Islands (2002) | Venezuela (2005) | |
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 | 23 states (estados, singular - estado), 1 federal district* (distrito federal), and 1 federal dependency** (dependencia federal); Amazonas, Anzoategui, Apure, Aragua, Barinas, Bolivar, Carabobo, Cojedes, Delta Amacuro, Dependencias Federales**, Distrito Federal*, Falcon, Guarico, Lara, Merida, Miranda, Monagas, Nueva Esparta, Portuguesa, Sucre, Tachira, Trujillo, Vargas, Yaracuy, Zulia
note: the federal dependency consists of 11 federally controlled island groups with a total of 72 individual islands |
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: 29.9% (male 3,909,876/female 3,667,958)
15-64 years: 65% (male 8,287,255/female 8,209,599) 65 years and over: 5.1% (male 590,236/female 710,357) (2005 est.) |
Agriculture - products | milk, potatoes, vegetables; sheep; salmon, other fish | corn, sorghum, sugarcane, rice, bananas, vegetables, coffee; beef, pork, milk, eggs; fish |
Airports | 1 (2001) | 369 (2004 est.) |
Airports - with paved runways | total: 1
914 to 1,523 m: 1 (2002) |
total: 127
over 3,047 m: 5 2,438 to 3,047 m: 11 1,524 to 2,437 m: 31 914 to 1,523 m: 61 under 914 m: 19 (2004 est.) |
Airports - with unpaved runways | - | total: 242
1,524 to 2,437 m: 10 914 to 1,523 m: 88 under 914 m: 144 (2004 est.) |
Area | total: 1,399 sq km
land: 1,399 sq km water: 0 sq km (some lakes and streams) |
total: 912,050 sq km
land: 882,050 sq km water: 30,000 sq km |
Area - comparative | eight times the size of Washington, DC | slightly more than twice the size of California |
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. | Venezuela was one of three countries that emerged from the collapse of Gran Colombia in 1830 (the others being Colombia and Ecuador). For most of the first half of the 20th century, Venezuela was ruled by generally benevolent military strongmen, who promoted the oil industry and allowed for some social reforms. Democratically elected governments have held sway since 1959. Current concerns include: a polarized political environment, a politicized military, drug-related violence along the Colombian border, increasing internal drug consumption, overdependence on the petroleum industry with its price fluctuations, and irresponsible mining operations that are endangering the rain forest and indigenous peoples. |
Birth rate | 13.74 births/1,000 population (2002 est.) | 18.91 births/1,000 population (2005 est.) |
Budget | revenues: $488 million
expenditures: $484 million, including capital expenditures of $21 million (1999) |
revenues: $26.91 billion
expenditures: $30.7 billion, including capital expenditures of $2.6 billion (2004 est.) |
Capital | Torshavn | Caracas |
Climate | mild winters, cool summers; usually overcast; foggy, windy | tropical; hot, humid; more moderate in highlands |
Coastline | 1,117 km | 2,800 km |
Constitution | 5 June 1953 (Danish constitution) | 30 December 1999 |
Country name | conventional long form: none
conventional short form: Faroe Islands local long form: none local short form: Foroyar |
conventional long form: Bolivarian Republic of Venezuela
conventional short form: Venezuela local long form: Republica Bolivariana de Venezuela local short form: Venezuela |
Currency | Danish krone (DKK) | - |
Death rate | 8.69 deaths/1,000 population (2002 est.) | 4.9 deaths/1,000 population (2005 est.) |
Debt - external | $64 million (1999) | $33.29 billion (2004 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 William R. BROWNFIELD
embassy: Calle F con Calle Suapure, Urbanizacion Colinas de Valle Arriba, Caracas 1080 mailing address: P. O. Box 62291, Caracas 1060-A; APO AA 34037 telephone: [58] (212) 975-9234, 975-6411 FAX: [58] (212) 975-8991 |
Diplomatic representation in the US | none (self-governing overseas administrative division of Denmark) | chief of mission: Ambassador Bernardo ALVAREZ Herrera
chancery: 1099 30th Street NW, Washington, DC 20007 telephone: [1] (202) 342-2214 FAX: [1] (202) 342-6820 consulate(s) general: Boston, Chicago, Houston, Miami, New Orleans, New York, San Francisco, and San Juan (Puerto Rico) |
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 | claims all of the area west of the Essequibo River in Guyana, preventing any discussion of a maritime boundary; Guyana has expressed its intention to join Barbados in asserting claims before UNCLOS that the Trinidad and Tobago's maritime boundary with Venezuela extends into their waters; dispute with Colombia over Los Monjes islands and maritime boundary near the Gulf of Venezuela; Colombian-organized illegal narcotics and paramilitary activities penetrate Venezuela's shared border region resulting in several thousand residents migrating away from the border; US, France and the Netherlands recognize Venezuela's claim to give full effect to Aves Island, which creates a Venezuelan EEZ/continental shelf extending over a large portion of the Caribbean Sea; Dominica, Saint Kitts and Nevis, Saint Lucia, and Saint Vincent and the Grenadines protest Venezuela's claim that Aves Island sustains human habitation and other states' recognition of it |
Economic aid - recipient | $135 million (annual subsidy from Denmark) (1999) | $74 million (2000) |
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. | Venezuela continues to be highly dependent on the petroleum sector, accounting for roughly one-third of GDP, around 80% of export earnings, and over half of government operating revenues. A disastrous two-month national oil strike from December 2002 to February 2003, temporarily halted economic activity. The economy remained in depression in 2003, declining by 9.2% after an 8.9% fall in 2002. Despite continued domestic instability, output recovered strongly in 2004, aided by high oil prices. Both inflation and unemployment remain fundamental problems. |
Electricity - consumption | 153.45 million kWh (2000) | 89.3 billion kWh (2003) |
Electricity - exports | 0 kWh (2000) | 450 million kWh (2003) |
Electricity - imports | 0 kWh (2000) | 30 million kWh (2003) |
Electricity - production | 165 million kWh (2000) | 89.7 billion kWh (2003) |
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: Pico Bolivar (La Columna) 5,007 m |
Environment - current issues | NA | sewage pollution of Lago de Valencia; oil and urban pollution of Lago de Maracaibo; deforestation; soil degradation; urban and industrial pollution, especially along the Caribbean coast; threat to the rainforest ecosystem from irresponsible mining operations |
Environment - international agreements | - | party to: Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Marine Life Conservation, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands
signed but not ratified:: none of the selected agreements |
Ethnic groups | Scandinavian | Spanish, Italian, Portuguese, Arab, German, African, indigenous people |
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) | bolivares per US dollar - 1,891.3 (2004), 1,607 (2003), 1,161 (2002), 723.7 (2001), 680 (2000) |
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 Hugo CHAVEZ Frias (since 3 February 1999); Vice President Jose Vicente RANGEL Vale (since 28 April 2002); note - the president is both the chief of state and head of government
head of government: President Hugo CHAVEZ Frias (since 3 February 1999); Vice President Jose Vicente RANGEL Vale (since 28 April 2002); note - the president is both the chief of state and head of government cabinet: Council of Ministers appointed by the president elections: president elected by popular vote for a six-year term; election last held 30 July 2000 (next to be held NA 2006) election results: Hugo CHAVEZ Frias reelected president; percent of vote - 60% note: a special presidential recall vote on 15 August 2004 resulted in a victory for CHAVEZ; percent of vote - 58% in favor of CHAVEZ fulfilling the remaining two years of his term, 42% in favor of terminating his presidency immediately |
Exports | $471 million f.o.b. (1999) | 2.1 million bbl/day (2004 est.) |
Exports - commodities | fish and fish products 94%, stamps, ships (1999) | petroleum, bauxite and aluminum, steel, chemicals, agricultural products, basic manufactures |
Exports - partners | Denmark 32%, UK 21%, France 9%, Germany 7%, Iceland 5%, US 5% (1996) | US 55.6%, Netherlands Antilles 4.7%, Dominican Republic 2.8% (2004) |
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 yellow (top), blue, and red with the coat of arms on the hoist side of the yellow band and an arc of seven white five-pointed stars centered in the blue band |
GDP | purchasing power parity - $910 million (2000 est.) | - |
GDP - composition by sector | agriculture: 27%
industry: 11% services: 62% (1999) |
agriculture: 0.1%
industry: 46.5% services: 53.4% (2004 est.) |
GDP - per capita | purchasing power parity - $20,000 (2000 est.) | purchasing power parity - $5,800 (2004 est.) |
GDP - real growth rate | 5% (2000 est.) | 16.8% (2004 est.) |
Geographic coordinates | 62 00 N, 7 00 W | 8 00 N, 66 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 | on major sea and air routes linking North and South America; Angel Falls in the Guiana Highlands is the world's highest waterfall |
Highways | total: 463 km
paved: 454 km unpaved: 9 km (1999) |
total: 96,155 km
paved: 32,308 km unpaved: 63,847 km (1999 est.) |
Household income or consumption by percentage share | lowest 10%: NA%
highest 10%: NA% |
lowest 10%: 0.8%
highest 10%: 36.5% (1998) |
Illicit drugs | - | small-scale illicit producer of opium and coca for the processing of opiates and coca derivatives; however, large quantities of cocaine, heroin, and marijuana transit the country from Colombia bound for US and Europe; significant narcotics-related money-laundering activity, especially along the border with Colombia and on Margarita Island; active eradication program primarily targeting opium; increasing signs of drug-related activities by Colombian insurgents on border |
Imports | $469 million c.i.f. (1999) | NA |
Imports - commodities | machinery and transport equipment 29%, consumer goods 36%, raw materials and semi-manufactures 32%, fuels, fish and salt (1999) | raw materials, machinery and equipment, transport equipment, construction materials |
Imports - partners | Denmark 28%, Norway 26%, Germany 7%, UK 6% Sweden 5%, Iceland 4%, US (1999) | US 28.8%, Colombia 9.9%, Brazil 7%, Mexico 4.1% (2004) |
Independence | none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark) | 5 July 1811 (from Spain) |
Industrial production growth rate | 8% (1999 est.) | 12.3% (2004 est.) |
Industries | fishing, fish processing, shipbuilding, construction, handicrafts | petroleum, iron ore mining, construction materials, food processing, textiles, steel, aluminum, motor vehicle assembly |
Infant mortality rate | 6.66 deaths/1,000 live births (2002 est.) | total: 22.2 deaths/1,000 live births
male: 25.31 deaths/1,000 live births female: 18.85 deaths/1,000 live births (2005 est.) |
Inflation rate (consumer prices) | 5.1% (1999) | 22.4% (2004 est.) |
International organization participation | NC, NIB | CAN, CDB, CSN, FAO, G-3, G-15, G-24, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICFTU, ICRM, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, ISO, ITU, LAES, LAIA, Mercosur (associate), MIGA, NAM, OAS, OPANAL, OPCW, OPEC, PCA, RG, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WToO, WTO |
Internet Service Providers (ISPs) | 2 (2000) | - |
Irrigated land | 0 sq km (1998 est.) | 540 sq km (1998 est.) |
Judicial branch | none | Supreme Tribunal of Justice or Tribuna Suprema de Justicia (magistrates are elected by the National Assembly for a single 12-year term) |
Labor force | 24,250 (October 2000 ) | 12.25 million (2004 est.) |
Labor force - by occupation | fishing, fish processing, and manufacturing 33%, construction and private services 33%, public services 34% | agriculture 13%, industry 23%, services 64% (1997 est.) |
Land boundaries | 0 km | total: 4,993 km
border countries: Brazil 2,200 km, Colombia 2,050 km, Guyana 743 km |
Land use | arable land: 2.14%
permanent crops: 0% other: 97.86% (1998 est.) |
arable land: 2.95%
permanent crops: 0.92% other: 96.13% (2001) |
Languages | Faroese (derived from Old Norse), Danish | Spanish (official), numerous indigenous dialects |
Legal system | Danish | open, adversarial court system |
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 (165 seats; members elected by popular vote to serve five-year terms; three seats reserved for the indigenous peoples of Venezuela)
elections: last held 30 July 2000 (next to be held July 2005) election results: percent of vote by party - NA%; seats by party - pro-government 108 (MVR 92, MAS 6, indigenous 3, other 7), opposition 57 (AD 33, COPEI 6, Justice First 5, other 13) |
Life expectancy at birth | total population: 78.74 years
male: 75.28 years female: 82.21 years (2002 est.) |
total population: 74.31 years
male: 71.27 years female: 77.58 years (2005 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: 93.4% male: 93.8% female: 93.1% (2003 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 | Northern South America, bordering the Caribbean Sea and the North Atlantic Ocean, between Colombia and Guyana |
Map references | Europe | South 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
contiguous zone: 15 nm exclusive economic zone: 200 nm continental shelf: 200-m depth or to the depth of exploitation |
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: 56 ships (1,000 GRT or over) 740,919 GRT/1,191,483 DWT
by type: bulk carrier 4, cargo 16, chemical tanker 1, container 1, liquefied gas 5, passenger/cargo 9, petroleum tanker 19, roll on/roll off 1 foreign-owned: 9 (Denmark 2, Greece 1, Hong Kong 2, Mexico 1, Russia 2, Spain 1) registered in other countries: 20 (2005) |
Military - note | defense is the responsibility of Denmark | - |
Military branches | no regular indigenous military forces; small Police Force and Coast Guard are maintained | National Armed Forces (Fuerzas Armadas Nacionales, FAN): Ground Forces or Army (Fuerzas Terrestres or Ejercito), Naval Forces (Fuerzas Navales or Armada - includes Marines, Coast Guard), Air Force (Fuerzas Aereas or Aviacion), Armed Forces of Cooperation or National Guard (Fuerzas Armadas de Cooperacion or Guardia Nacional) |
Military expenditures - dollar figure | $NA | $1.687 billion (2004) |
Military expenditures - percent of GDP | NA% | 1.5% (2004) |
National holiday | Olaifest, 29 July | Independence Day, 5 July (1811) |
Nationality | noun: Faroese (singular and plural)
adjective: Faroese |
noun: Venezuelan(s)
adjective: Venezuelan |
Natural hazards | NA | subject to floods, rockslides, mudslides; periodic droughts |
Natural resources | fish, whales, hydropower | petroleum, natural gas, iron ore, gold, bauxite, other minerals, hydropower, diamonds |
Net migration rate | 2.39 migrant(s)/1,000 population (2002 est.) | 0 migrant(s)/1,000 population (2005 est.) |
Pipelines | - | extra heavy crude 992 km; gas 5,262 km; oil 7,360 km; refined products 1,681 km; unknown (oil/water) 141 km (2004) |
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] | Democratic Action or AD [Jesus MENDEZ Quijada]; Fifth Republic Movement or MVR [Hugo CHAVEZ]; Homeland for All or PPT [Jose ALBORNOZ]; Justice First [Julio BORGES]; Movement Toward Socialism or MAS [Hector MUJICA]; National Convergence or Convergencia [Juan Jose CALDERA]; Radical Cause or La Causa R [Andres VELASQUEZ]; Social Christian Party or COPEI [Eduardo FERNANDEZ]; Venezuela Project or PV [Henrique SALAS Romer] |
Political pressure groups and leaders | NA | FEDECAMARAS, a conservative business group; VECINOS groups; Venezuelan Confederation of Workers or CTV (labor organization dominated by the Democratic Action) |
Population | 46,011 (July 2002 est.) | 25,375,281 (July 2005 est.) |
Population below poverty line | NA% | 47% (1998 est.) |
Population growth rate | 0.74% (2002 est.) | 1.4% (2005 est.) |
Ports and harbors | Torshavn, Klaksvik, Tvoroyri, Runavik, Fuglafjordhur | Amuay, La Guaira, Maracaibo, Puerto Cabello, Punta Cardon |
Radio broadcast stations | AM 1, FM 13, shortwave 0 (1998) | AM 201, FM NA (20 in Caracas), shortwave 11 (1998) |
Radios | 26,000 (1997) | - |
Railways | 0 km | total: 682 km
standard gauge: 682 km 1.435-m gauge (2004) |
Religions | Evangelical Lutheran | nominally Roman Catholic 96%, Protestant 2%, other 2% |
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: 1.07 male(s)/female
under 15 years: 1.07 male(s)/female 15-64 years: 1.01 male(s)/female 65 years and over: 0.83 male(s)/female total population: 1.02 male(s)/female (2005 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: modern and expanding
domestic: domestic satellite system with 3 earth stations; recent substantial improvement in telephone service in rural areas; substantial increase in digitalization of exchanges and trunk lines; installation of a national interurban fiber-optic network capable of digital multimedia services international: country code - 58; 3 submarine coaxial cables; satellite earth stations - 1 Intelsat (Atlantic Ocean) and 1 PanAmSat; participating with Colombia, Ecuador, Peru, and Bolivia in the construction of an international fiber-optic network |
Telephones - main lines in use | 24,851 (1999) | 2,841,800 (2002) |
Telephones - mobile cellular | 10,761 (1999) | 6,463,600 (2002) |
Television broadcast stations | 3 (plus 43 low-power repeaters) (September 1995) | 66 (plus 45 repeaters) (1997) |
Terrain | rugged, rocky, some low peaks; cliffs along most of coast | Andes Mountains and Maracaibo Lowlands in northwest; central plains (llanos); Guiana Highlands in southeast |
Total fertility rate | 2.27 children born/woman (2002 est.) | 2.26 children born/woman (2005 est.) |
Unemployment rate | 1% (October 2000 ) | 17.1% (2004 est.) |
Waterways | none | 7,100 km
note: Orinoco River and Lake de Maracaibo navigable by oceangoing vessels, Orinoco for 400 km (2004) |