Compare Faroe Islands (2003) - Faroe Islands (2002)

Compare Faroe Islands (2003) z Faroe Islands (2002)

Show all fields

	Faroe Islands (2003)	Faroe Islands (2002)

Age structure	0-14 years: 22% (male 5,103; female 5,077) 15-64 years: 64.4% (male 15,822; female 14,002) 65 years and over: 13.7% (male 2,842; female 3,499) (2003 est.)	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.)
Airports	1 (2002)	1 (2001)
Birth rate	13.81 births/1,000 population (2003 est.)	13.74 births/1,000 population (2002 est.)
Death rate	8.7 deaths/1,000 population (2003 est.)	8.69 deaths/1,000 population (2002 est.)
Economic aid - recipient	$55 million (annual subsidy from Denmark)	$135 million (annual subsidy from Denmark) (1999)
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 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 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.
Electricity - consumption	149.1 million kWh (2001)	153.45 million kWh (2000)
Electricity - exports	0 kWh (2001)	0 kWh (2000)
Electricity - imports	0 kWh (2001)	0 kWh (2000)
Electricity - production	160.4 million kWh (2001)	165 million kWh (2000)
Electricity - production by source	fossil fuel: 62.4% hydro: 37.6% nuclear: 0% other: 0% (2001)	fossil fuel: 61% hydro: 39% nuclear: 0% other: 0% (2000)
Exchange rates	Danish kroner per US dollar - 7.89 (2002), 8.32 (2001), 8.08 (2000), 6.98 (1999), 6.7 (1998)	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 2002 (next to be held no later than April 2006) election results: Anfinn KALLSBERG elected prime minister; percent of parliamentary vote - 52.8% note: coalition of People's Party, Republican Party, Home Rule Party, and Center Party	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	NA (2001)	$471 million f.o.b. (1999)
Exports - partners	Denmark 39.9%, UK 32.1%, Norway 7.4%, Netherlands 6.1% (2002)	Denmark 32%, UK 21%, France 9%, Germany 7%, Iceland 5%, US 5% (1996)
GDP	purchasing power parity - $1 billion (2001 est.)	purchasing power parity - $910 million (2000 est.)
GDP - per capita	purchasing power parity - $22,000 (2001 est.)	purchasing power parity - $20,000 (2000 est.)
GDP - real growth rate	10% (2001 est.)	5% (2000 est.)
Imports	NA (2001)	$469 million c.i.f. (1999)
Imports - partners	Denmark 53.8%, Norway 24.2%, Iceland 5.7% (2002)	Denmark 28%, Norway 26%, Germany 7%, UK 6% Sweden 5%, Iceland 4%, US (1999)
Infant mortality rate	total: 6.52 deaths/1,000 live births male: 7.9 deaths/1,000 live births female: 5.13 deaths/1,000 live births (2003 est.)	6.66 deaths/1,000 live births (2002 est.)
International organization participation	IMO (associate), NC, NIB	NC, NIB
Labor force	24,250 (October 2000)	24,250 (October 2000 )
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% Home Rule Party 4.4%, Center Party 4.2%; seats by party - Union Party 8, Republican Party 8, Social Democrats 7, People's Party 7, Home Rule 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 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: 78.9 years male: 75.44 years female: 82.36 years (2003 est.)	total population: 78.74 years male: 75.28 years female: 82.21 years (2002 est.)
Merchant marine	total: 7 ships (1,000 GRT or over) 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: 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.)
Net migration rate	1.9 migrant(s)/1,000 population (2003 est.)	2.39 migrant(s)/1,000 population (2002 est.)
Political parties and leaders	Center Party [Tordur NICLASEN]; Home Rule Party [Helena Dam a NEYSTABO]; People's Party [Oli BRECKMANN]; Republican Party [Finnabogi ISAKSON]; Social Democratic Party [Joannes EIDESGAARD]; Union Party [Edmund JOENSEN]	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]
Population	46,345 (July 2003 est.)	46,011 (July 2002 est.)
Population growth rate	0.7% (2003 est.)	0.74% (2002 est.)
Radios	-	26,000 (1997)
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: 1.05 male(s)/female (2003 est.)	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.)
Total fertility rate	2.24 children born/woman (2003 est.)	2.27 children born/woman (2002 est.)
Unemployment rate	1% (October 2000)	1% (October 2000 )

Sitemap: Compare countries listing (map site) | Country listing (map site)
Links: Add to favorites | Information about this website | Stats | Polityka prywatnosci
This page was generated in ##czas## s. Size this page: ##rozmiar_strony## kB.