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Compare Faroe Islands (2002) - World (2003)

Compare Faroe Islands (2002) z World (2003)

 Faroe Islands (2002)World (2003)
 Faroe IslandsWorld
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 268 nations, dependent areas, other, and miscellaneous entries
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: 29.2% (male 932,581,592; female 885,688,851)


15-64 years: 63.7% (male 2,009,997,089; female 1,964,938,201)


65 years and over: 7.1% (male 193,549,180; female 247,067,032) (2003 est.)


note: some countries do not maintain age structure information, thus a slight discrepancy exists between the total world population and the total for world age structure
Agriculture - products milk, potatoes, vegetables; sheep; salmon, other fish -
Airports 1 (2001) -
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: 510.072 million sq km


land: 148.94 million sq km


water: 361.132 million sq km


note: 70.8% of the world's surface is water, 29.2% is land
Area - comparative eight times the size of Washington, DC land area about 16 times the size of the US
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. Globally, the 20th century was marked by: (a) two devastating world wars; (b) the Great Depression of the 1930s; (c) the end of vast colonial empires; (d) rapid advances in science and technology, from the first airplane flight at Kitty Hawk, North Carolina (US) to the landing on the moon; (e) the Cold War between the Western alliance and the Warsaw Pact nations; (f) a sharp rise in living standards in North America, Europe, and Japan; (g) increased concerns about the environment, including loss of forests, shortages of energy and water, the decline in biological diversity, and air pollution; (h) the onset of the AIDS epidemic; and (i) the ultimate emergence of the US as the only world superpower. The planet's population continues to explode: from 1 billion in 1820, to 2 billion in 1930, 3 billion in 1960, 4 billion in 1974, 5 billion in 1988, and 6 billion in 2000. For the 21st century, the continued exponential growth in science and technology raises both hopes (e.g., advances in medicine) and fears (e.g., development of even more lethal weapons of war).
Birth rate 13.74 births/1,000 population (2002 est.) 20.43 births/1,000 population (2003 est.)
Budget revenues: $488 million


expenditures: $484 million, including capital expenditures of $21 million (1999)
-
Capital Torshavn -
Climate mild winters, cool summers; usually overcast; foggy, windy two large areas of polar climates separated by two rather narrow temperate zones form a wide equatorial band of tropical to subtropical climates
Coastline 1,117 km 356,000 km
Constitution 5 June 1953 (Danish constitution) -
Country name conventional long form: none


conventional short form: Faroe Islands


local long form: none


local short form: Foroyar
-
Currency Danish krone (DKK) -
Death rate 8.69 deaths/1,000 population (2002 est.) 8.83 deaths/1,000 population (2003 est.)
Debt - external $64 million (1999) $2 trillion for less developed countries (2002 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) -
Diplomatic representation in the US none (self-governing overseas administrative division of Denmark) -
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 Globally, there are over 250,000 km of international land boundaries that separate the world's 192 independent states, along with 70 dependencies, areas of special sovereignty, and other miscellaneous entities. Maritime states have claimed limits and have so far established over 130 maritime boundaries and joint development zones to allocate ocean resources and to provide for their national security at sea. On land, ethnicity, culture, race, religion, and language have divided states into separate political entities as much as history, physical terrain, political fiat, or conquest, resulting in sometimes arbitrary and imposed boundaries. All of these factors have contributed to a wide array of boundary, borderland, and territorial disagreements that vary in intensity from unresolved or dormant to outright war. Territorial disputes may evolve from historical and/or cultural animosities, or they may be brought on by resource competition. Ethnic clashes continue to be responsible for territorial fragmentation around the world. Undemarcated, indefinite, porous, and unmanaged boundaries encourage illegal cross-border activities, uncontrolled migration, and political confrontation over boundary allocations. Other sources of contention include the use of water and mineral (especially petroleum) resources, fisheries, dams, and nuclear power plants. Many islands or island groups are also disputed, including those at sea and in streams. Nonetheless, many nations are actively cooperating to clarify, delineate, and demarcate their international borders. The tragic aspect of international discord is the impact on the sustenance and welfare of populations caught in the conflict. It is frequently left to members of the world community to cope with enormous refugee situations, and the resultant hunger, disease, and impoverishment that they create.
Economic aid - recipient $135 million (annual subsidy from Denmark) (1999) official development assistance (ODA) $50 billion
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. Growth in global output (gross world product, GWP) fell from 4.8% in 2000 to 2.2% in 2001 and 2.7% in 2002. The causes: sluggishness in the US economy (21% of GWP) and in the 15 EU economies (19% of GWP); continued stagnation in the Japanese economy (7.2% of GWP); and spillover effects in the less developed regions of the world. China, the second-largest economy in the world (12% of GWP), proved an exception, continuing its rapid annual growth, officially announced as 8% but estimated by many observers as perhaps two percentage points lower. Russia (2.6% of GWP), with 4% growth, continued to make uneven progress, its GDP per capita still only one-third that of the leading industrial nations. The other 14 successor nations of the USSR and the other old Warsaw Pact nations again experienced widely divergent growth rates; the three Baltic nations continued as strong performers, in the 5% range of growth. The developing nations also varied in their growth results, with many countries facing population increases that erode gains in output. Externally, the nation-state, as a bedrock economic-political institution, is steadily losing control over international flows of people, goods, funds, and technology. Internally, the central government often finds its control over resources slipping as separatist regional movements - typically based on ethnicity - gain momentum, e.g., in many of the successor states of the former Soviet Union, in the former Yugoslavia, in India, in Indonesia, and in Canada. Externally, the central government is losing decision-making powers to international bodies. In Western Europe, governments face the difficult political problem of channeling resources away from welfare programs in order to increase investment and strengthen incentives to seek employment. The addition of 80 million people each year to an already overcrowded globe is exacerbating the problems of pollution, desertification, underemployment, epidemics, and famine. Because of their own internal problems and priorities, the industrialized countries devote insufficient resources to deal effectively with the poorer areas of the world, which, at least from the economic point of view, are becoming further marginalized. The introduction of the euro as the common currency of much of Western Europe in January 1999, while paving the way for an integrated economic powerhouse, poses economic risks because of varying levels of income and cultural and political differences among the participating nations. The terrorist attacks on the US on 11 September 2001 accentuate a further growing risk to global prosperity, illustrated, for example, by the reallocation of resources away from investment to anti-terrorist programs. The opening of war in March 2003 between a US-led coalition and Iraq added new uncertainties to global economic prospects. (For specific economic developments in each country of the world in 2002, see the individual country entries.)
Electricity - consumption 153.45 million kWh (2000) 13.93 trillion kWh (2001 est.)
Electricity - exports 0 kWh (2000) -
Electricity - imports 0 kWh (2000) -
Electricity - production 165 million kWh (2000) 14.85 trillion kWh (2001 est.)
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: Bentley Subglacial Trench -2,540 m


note: in the oceanic realm, Challenger Deep in the Mariana Trench is the lowest point, lying -10,924 m below the surface of the Pacific Ocean


highest point: Mount Everest 8,850 m (1999 est.)
Environment - current issues NA large areas subject to overpopulation, industrial disasters, pollution (air, water, acid rain, toxic substances), loss of vegetation (overgrazing, deforestation, desertification), loss of wildlife, soil degradation, soil depletion, erosion
Ethnic groups Scandinavian -
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) -
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
-
Exports $471 million f.o.b. (1999) 703.9 billion cu m (2001 est.)
Exports - commodities fish and fish products 94%, stamps, ships (1999) the whole range of industrial and agricultural goods and services
Exports - partners Denmark 32%, UK 21%, France 9%, Germany 7%, Iceland 5%, US 5% (1996) US 17.4%, Germany 7.6%, UK 5.4%, France 5.1%, Japan 4.8%, China 4% (2002)
Fiscal 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) -
GDP purchasing power parity - $910 million (2000 est.) GWP (gross world product) - purchasing power parity - $49 trillion (2002 est.)
GDP - composition by sector agriculture: 27%


industry: 11%


services: 62% (1999)
agriculture: 4%


industry: 32%


services: 64% (2002 est.)
GDP - per capita purchasing power parity - $20,000 (2000 est.) purchasing power parity - $7,900 (2002 est.)
GDP - real growth rate 5% (2000 est.) 2.7% (2001 est.)
Geographic coordinates 62 00 N, 7 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 the world is now thought to be about 4.55 billion years old, just about one-third of the 13-billion-year age estimated for the universe
Highways total: 463 km


paved: 454 km


unpaved: 9 km (1999)
total: NA km


paved: NA km


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


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


highest 10%: NA%
Illicit drugs - cocaine: worldwide, coca is grown on an estimated 205,450 hectares - almost exclusively in South America with 70% in Colombia; potential cocaine production during 2002 is estimated at 938 metric tons (or 1,200 metric tons of export quality cocaine at an average of 78% purity); coca eradication programs continue in Bolivia, Colombia, and Peru, and 292 metric tons of export quality cocaine are documented to have been seized in 2002; consumption of export quality cocaine is estimated to have been 875 metric tons


opiates: cultivation of opium poppy occurred on an estimated 141,213 hectares in 2002 and potentially produced 2,183 metric tons of opium - which conceivably could be converted to the equivalent of 238 metric tons of pure heroin; opium eradication programs have been undertaken in Afghanistan, Burma, Colombia, Mexico, Pakistan, Thailand, and Vietnam, and the annual average for opiates seized worldwide over the past five years (1998-2002) has been 45 metric tons of pure heroin equivalent; estimates for average annual consumption over this time period are 315 metric tons pure heroin equivalent
Imports $469 million c.i.f. (1999) 697.5 billion cu m (2001 est.)
Imports - commodities machinery and transport equipment 29%, consumer goods 36%, raw materials and semi-manufactures 32%, fuels, fish and salt (1999) the whole range of industrial and agricultural goods and services
Imports - partners Denmark 28%, Norway 26%, Germany 7%, UK 6% Sweden 5%, Iceland 4%, US (1999) US 11.2%, Germany 9.2%, China 7%, Japan 6.8%, France 4.7%, UK 4% (2002)
Independence none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark) -
Industrial production growth rate 8% (1999 est.) 3% (2002 est.)
Industries fishing, fish processing, shipbuilding, construction, handicrafts dominated by the onrush of technology, especially in computers, robotics, telecommunications, and medicines and medical equipment; most of these advances take place in OECD nations; only a small portion of non-OECD countries have succeeded in rapidly adjusting to these technological forces; the accelerated development of new industrial (and agricultural) technology is complicating already grim environmental problems
Infant mortality rate 6.66 deaths/1,000 live births (2002 est.) total: 51.38 deaths/1,000 live births


male: 53.81 deaths/1,000 live births


female: 48.83 deaths/1,000 live births (2003 est.)
Inflation rate (consumer prices) 5.1% (1999) developed countries 1% to 4% typically; developing countries 5% to 60% typically; national inflation rates vary widely in individual cases, from declining prices in Japan to hyperinflation in several Third World countries
International organization participation NC, NIB -
Internet Service Providers (ISPs) 2 (2000) 10,350 (2000 est.)
Irrigated land 0 sq km (1998 est.) 2,714,320 sq km (1998 est.)
Judicial branch none -
Labor force 24,250 (October 2000 ) NA
Labor force - by occupation fishing, fish processing, and manufacturing 33%, construction and private services 33%, public services 34% agriculture NA%, industry NA%, services NA%
Land boundaries 0 km the land boundaries in the world total 250,472 km (not counting shared boundaries twice)
Land use arable land: 2.14%


permanent crops: 0%


other: 97.86% (1998 est.)
arable land: 10.58%


permanent crops: 1%


other: 88.42% (1998 est.)
Languages Faroese (derived from Old Norse), Danish Chinese, Mandarin 14.37%, Hindi 6.02%, English 5.61%, Spanish 5.59%, Bengali 3.4%, Portuguese 2.63%, Russian 2.75%, Japanese 2.06%, German, Standard 1.64%, Korean 1.28%, French 1.27% (2000 est.)


note: percents are for "first language" speakers only
Legal system Danish all members of the UN plus Switzerland are parties to the statute that established the International Court of Justice (ICJ) or World Court
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
-
Life expectancy at birth total population: 78.74 years


male: 75.28 years


female: 82.21 years (2002 est.)
total population: 63.95 years


male: 62 years


female: 70.23 years (2003 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: 77%


male: 83%


female: 71% (1995 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 -
Map references Europe Physical Map of the World, Political Map of the World, Standard Time Zones of the World
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
a variety of situations exist, but in general, most countries make the following claims: contiguous zone - 24 NM; continental shelf - 200-m depth or to the depth of exploitation, or 200 NM or to the edge of the continental margin; exclusive fishing zone - 200 NM; exclusive economic zone - 200 NM; territorial sea - 12 NM; boundary situations with neighboring states prevent many countries from extending their fishing or economic zones to a full 200 NM; 43 nations and other areas that are landlocked include Afghanistan, Andorra, Armenia, Austria, Azerbaijan, Belarus, Bhutan, Bolivia, Botswana, Burkina Faso, Burundi, Central African Republic, Chad, Czech Republic, Ethiopia, Holy See (Vatican City), Hungary, Kazakhstan, Kyrgyzstan, Laos, Lesotho, Liechtenstein, Luxembourg, Malawi, Mali, Moldova, Mongolia, Nepal, Niger, Paraguay, Rwanda, San Marino, Slovakia, Swaziland, Switzerland, Tajikistan, The Former Yugoslav Republic of Macedonia, Turkmenistan, Uganda, Uzbekistan, West Bank, Zambia, Zimbabwe; two of these, Liechtenstein and Uzbekistan, are doubly 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 -
Military branches no regular indigenous military forces; small Police Force and Coast Guard are maintained -
Military expenditures - dollar figure $NA aggregate real expenditure on arms worldwide in 1999 remained at approximately the 1998 level, about three-quarters of a trillion dollars (1999 est.)
Military expenditures - percent of GDP NA% roughly 2% of gross world product (1999 est.)
National holiday Olaifest, 29 July -
Nationality noun: Faroese (singular and plural)


adjective: Faroese
-
Natural hazards NA large areas subject to severe weather (tropical cyclones), natural disasters (earthquakes, landslides, tsunamis, volcanic eruptions)
Natural resources fish, whales, hydropower the rapid depletion of nonrenewable mineral resources, the depletion of forest areas and wetlands, the extinction of animal and plant species, and the deterioration in air and water quality (especially in Eastern Europe, the former USSR, and China) pose serious long-term problems that governments and peoples are only beginning to address
Net migration rate 2.39 migrant(s)/1,000 population (2002 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] -
Political pressure groups and leaders NA -
Population 46,011 (July 2002 est.) 6,302,309,691 (July 2003 est.)
Population below poverty line NA% -
Population growth rate 0.74% (2002 est.) 1.17% (2003 est.)
Ports and harbors Torshavn, Klaksvik, Tvoroyri, Runavik, Fuglafjordhur Chiba, Houston, Kawasaki, Kobe, Marseille, Mina' al Ahmadi (Kuwait), New Orleans, New York, Rotterdam, Yokohama
Radio broadcast stations AM 1, FM 13, shortwave 0 (1998) AM NA, FM NA, shortwave NA
Radios 26,000 (1997) -
Railways 0 km total: 1,122,650 km includes about 190,000 to 195,000 km of electrified routes of which 147,760 km are in Europe, 24,509 km in the Far East, 11,050 km in Africa, 4,223 km in South America, and 4,160 km in North America; note - fastest speed in daily service is 300 km/hr attained by France's Societe Nationale des Chemins-de-Fer Francais (SNCF) Le Train a Grande Vitesse (TGV) - Atlantique line


broad gauge: 251,153 km


standard gauge: 710,754 km


narrow gauge: 239,430 km
Religions Evangelical Lutheran Christians 32.79% (of which Roman Catholics 17.33%, Protestants 5.62%, Orthodox 3.51%, Anglicans 1.31%), Muslims 19.6%, Hindus 13.31%, Buddhists 5.88%, Sikhs 0.38%, Jews 0.24%, other religions 12.83%, non-religious 12.53%, atheists 2.44% (2001 est.)
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: 1.05 male(s)/female


15-64 years: 1.02 male(s)/female


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


total population: 1.01 male(s)/female (2003 est.)
Suffrage 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: NA


domestic: NA


international: NA
Telephones - main lines in use 24,851 (1999) NA
Telephones - mobile cellular 10,761 (1999) NA
Television broadcast stations 3 (plus 43 low-power repeaters) (September 1995) NA
Terrain rugged, rocky, some low peaks; cliffs along most of coast the greatest ocean depth is the Mariana Trench at 10,924 m in the Pacific Ocean
Total fertility rate 2.27 children born/woman (2002 est.) 2.65 children born/woman (2003 est.)
Unemployment rate 1% (October 2000 ) 30% combined unemployment and underemployment in many non-industrialized countries; developed countries typically 4%-12% unemployment
Waterways none -
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