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Compare Faroe Islands (2004) - Ecuador (2003)

Compare Faroe Islands (2004) z Ecuador (2003)

 Faroe Islands (2004)Ecuador (2003)
 Faroe IslandsEcuador
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 22 provinces (provincias, singular - provincia); Azuay, Bolivar, Canar, Carchi, Chimborazo, Cotopaxi, El Oro, Esmeraldas, Galapagos, Guayas, Imbabura, Loja, Los Rios, Manabi, Morona-Santiago, Napo, Orellana, Pastaza, Pichincha, Sucumbios, Tungurahua, Zamora-Chinchipe
Age structure 0-14 years: 21.6% (male 5,056; female 5,041)


15-64 years: 64.6% (male 15,975; female 14,187)


65 years and over: 13.7% (male 2,877; female 3,526) (2004 est.)
0-14 years: 34.9% (male 2,430,303; female 2,351,166)


15-64 years: 60.6% (male 4,116,289; female 4,198,667)


65 years and over: 4.5% (male 284,082; female 329,727) (2003 est.)
Agriculture - products milk, potatoes, vegetables; sheep; salmon, other fish bananas, coffee, cocoa, rice, potatoes, manioc (tapioca), plantains, sugarcane; cattle, sheep, pigs, beef, pork, dairy products; balsa wood; fish, shrimp
Airports 1 (2003 est.) 205 (2002)
Airports - with paved runways total: 1


914 to 1,523 m: 1 (2004 est.)
total: 61


over 3,047 m: 3


2,438 to 3,047 m: 4


1,524 to 2,437 m: 18


914 to 1,523 m: 18


under 914 m: 18 (2002)
Airports - with unpaved runways - total: 144


914 to 1,523 m: 31


under 914 m: 113 (2002)
Area total: 1,399 sq km


land: 1,399 sq km


water: 0 sq km (some lakes and streams)
total: 283,560 sq km


land: 276,840 sq km


water: 6,720 sq km


note: includes Galapagos Islands
Area - comparative eight times the size of Washington, DC slightly smaller than Nevada
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 "Republic of the Equator" was one of three countries that emerged from the collapse of Gran Colombia in 1830 (the others being Colombia and Venezuela). Between 1904 and 1942, Ecuador lost territories in a series of conflicts with its neighbors. A border war with Peru that flared in 1995 was resolved in 1999.
Birth rate 13.89 births/1,000 population (2004 est.) 24.94 births/1,000 population (2003 est.)
Budget revenues: $488 million


expenditures: $484 million, including capital expenditures of $21 million (1999)
revenues: $5.6 billion


expenditures: planned $5.6 billion, including capital expenditures of $NA (2001 est.)
Capital Torshavn Quito
Climate mild winters, cool summers; usually overcast; foggy, windy tropical along coast, becoming cooler inland at higher elevations; tropical in Amazonian jungle lowlands
Coastline 1,117 km 2,237 km
Constitution 5 June 1953 (Danish constitution) 10 August 1998
Country name conventional long form: none


conventional short form: Faroe Islands


local long form: none


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


conventional short form: Ecuador


local long form: Republica del Ecuador


local short form: Ecuador
Currency Danish krone (DKK) US dollar (USD)
Death rate 8.68 deaths/1,000 population (2004 est.) 5.29 deaths/1,000 population (2003 est.)
Debt - external $64 million (1999) $14.4 billion (2002)
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 Kristie Anne KENNEY


embassy: Avenida 12 de Octubre y Avenida Patria, Quito


mailing address: APO AA 34039


telephone: [593] (2) 256-2890


FAX: [593] (2) 250-2052


consulate(s) general: Guayaquil
Diplomatic representation in the US none (self-governing overseas administrative division of Denmark) chief of mission: Ambassador Raul GANGOTENA Rivadeneira


chancery: 2535 15th Street NW, Washington, DC 20009


telephone: [1] (202) 234-7200


FAX: [1] (202) 667-3482


consulate(s) general: Chicago, Houston, Los Angeles, Miami, New Orleans, New York, Newark, Philadelphia, and San Francisco
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 the Faroe Islands claim extending its continental shelf boundary beyond 200 nm none
Economic aid - recipient $135 million (annual subsidy from Denmark) (1998) $120 million (2001)
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. Ecuador has substantial oil resources and rich agricultural areas. Because the country exports primary products such as oil, bananas, and shrimp, fluctuations in world market prices can have a substantial domestic impact. Ecuador joined the World Trade Organization (WTrO) in 1996, but has failed to comply with many of its accession commitments. The aftermath of El Nino and depressed oil market of 1997-98 drove Ecuador's economy into a free-fall in 1999. The beginning of 1999 saw the banking sector collapse, which helped precipitate an unprecedented default on external loans later that year. Continued economic instability drove a 70% depreciation of the currency throughout 1999, which forced a desperate government to "dollarize" the currency regime in 2000. The move stabilized the currency, but did not stave off the ouster of the government. Gustavo NOBOA, who assumed the presidency in January 2000, has managed to pass substantial economic reforms and mend relations with international financial institutions. Ecuador completed its first standby agreement since 1986 when the IMF Board approved a 10 December 2001 disbursement of $96 million, the final installment of a $300 million standby credit agreement. In February 2003, newly installed president Lucio GUTIERREZ faced a budget gap and massive foreign debt. He has pledged to use oil revenues to pay off debt and is seeking additional IMF support.
Electricity - consumption 149.1 million kWh (2001) 69.96 billion kWh (2001)
Electricity - exports 0 kWh (2001) 0 kWh (2001)
Electricity - imports 0 kWh (2001) 0 kWh (2001)
Electricity - production 160.4 million kWh (2001) 75.23 billion kWh (2001)
Electricity - production by source - fossil fuel: 81%


hydro: 19%


nuclear: 0%


other: 0% (2001)
Elevation extremes lowest point: Atlantic Ocean 0 m


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


highest point: Chimborazo 6,267 m
Environment - current issues NA deforestation; soil erosion; desertification; water pollution; pollution from oil production wastes in ecologically sensitive areas of the Galapagos Islands
Environment - international agreements - party to: Antarctic-Environmental Protocol, Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands


signed, but not ratified: none of the selected agreements
Ethnic groups Scandinavian mestizo (mixed Amerindian and white) 65%, Amerindian 25%, Spanish and others 7%, black 3%
Exchange rates Danish kroner per US dollar - 6.5877 (2003), 7.89 (2002), 8.323 (2001), 8.083 (2000), 6.976 (1999) sucres per US dollar - 25,000 (2002), 25,000 (2001), 24,988.4 (2000), 11,786.8 (1999), 5,446.57 (1998)
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 Joannes EIDESGAARD (since 3 February 2004)


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 20 January 2004 (next to be held no later than January 2008)


election results: Joannes EIDESGAARD elected prime minister; percent of parliamentary vote - NA%


note: coalition of Social Democrats, Union Party, and People's Party
chief of state: President Lucio GUTIERREZ (since 15 January 2003); Vice President Alfredo PALACIO (since 15 January 2003); note - the president is both the chief of state and head of government


head of government: President Lucio GUTIERREZ (since 15 January 2003); Vice President Alfredo PALACIO (since 15 January 2003); note - the president is both the chief of state and head of government


cabinet: Cabinet appointed by the president


elections: the president and vice president are elected on the same ticket by popular vote for four-year term (no reelection); election last held 20 October 2002; runoff election held 24 November 2002 (next to be held NA October 2006)


election results: results of the 24 November 2002 runoff election - Lucio GUTIERREZ elected president; percent of vote - Lucio GUTIERREZ 54.3%; Alvaro NOBOA 45.7%
Exports NA (2001) NA (2001)
Exports - commodities fish and fish products 94%, stamps, ships (1999) petroleum, bananas, shrimp, coffee, cocoa, cut flowers, fish
Exports - partners Denmark 36.7%, UK 32.1%, Netherlands 6.1%, Nigeria 5.6%, Norway 5.4% (2003) US 39%, Colombia 5.6%, South Korea 5.1%, Germany 5%, Italy 4.4% (2002)
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 horizontal bands of yellow (top, double width), blue, and red with the coat of arms superimposed at the center of the flag; similar to the flag of Colombia, which is shorter and does not bear a coat of arms
GDP purchasing power parity - $1 billion (2001 est.) purchasing power parity - $42.65 billion (2002 est.)
GDP - composition by sector agriculture: 27%


industry: 11%


services: 62% (1999)
agriculture: 11%


industry: 33%


services: 56% (2001 est.)
GDP - per capita purchasing power parity - $22,000 (2001 est.) purchasing power parity - $3,200 (2002 est.)
GDP - real growth rate 10% (2001 est.) 3.4% (2002 est.)
Geographic coordinates 62 00 N, 7 00 W 2 00 S, 77 30 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 Cotopaxi in Andes is highest active volcano in world
Heliports - 1 (2002)
Highways total: 463 km


paved: 454 km


unpaved: 9 km (1999)
total: 43,197 km


paved: 8,164 km


unpaved: 35,033 km (2000)
Household income or consumption by percentage share lowest 10%: NA


highest 10%: NA
lowest 10%: 2.2%


highest 10%: 33.8% (1995)
Illicit drugs - significant transit country for cocaine originating in Colombia and Peru; importer of precursor chemicals used in production of illicit narcotics; dollarization may raise the volume of money-laundering activity, especially along the border with Colombia; increased activity on the northern frontier by trafficking groups and Colombian insurgents
Imports NA (2001) NA (2001)
Imports - commodities machinery and transport equipment 29%, consumer goods 36%, raw materials and semi-manufactures 32%, fuels, fish and salt (1999) machinery and equipment, chemicals, raw materials, fuels; consumer goods
Imports - partners Denmark 52.7%, Norway 22.5%, Iceland 4.7%, Germany 4.2%, UK 4% (2003) US 28.6%, Colombia 14.4%, Japan 6%, Chile 4.5%, Brazil 4.1% (2002)
Independence none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark) 24 May 1822 (from Spain)
Industrial production growth rate 8% (1999 est.) 5.1% (2001 est.)
Industries fishing, fish processing, shipbuilding, construction, handicrafts petroleum, food processing, textiles, metal work, paper products, wood products, chemicals, plastics, fishing, lumber
Infant mortality rate total: 6.38 deaths/1,000 live births


male: 7.72 deaths/1,000 live births


female: 5.03 deaths/1,000 live births (2004 est.)
total: 31.97 deaths/1,000 live births


male: 37.28 deaths/1,000 live births


female: 26.39 deaths/1,000 live births (2003 est.)
Inflation rate (consumer prices) 5.1% (1999) 12.5% (2002 est.)
International organization participation IMO (associate), NC, NIB, UPU CAN, ECLAC, FAO, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, ISO, ITU, LAES, LAIA, NAM, OAS, OPANAL, OPCW, PCA, RG, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WToO, WTrO
Internet Service Providers (ISPs) - 31 (2001)
Irrigated land 0 sq km (1998 est.) 8,650 sq km (1998 est.)
Judicial branch none Supreme Court or Corte Suprema (new justices are elected by the full Supreme Court)
Labor force 24,250 (October 2000) 3.7 million (urban)
Labor force - by occupation fishing, fish processing, and manufacturing 33%, construction and private services 33%, public services 34% agriculture 30%, industry 25%, services 45% (2001 est.)
Land boundaries 0 km total: 2,010 km


border countries: Colombia 590 km, Peru 1,420 km
Land use arable land: 2.14%


permanent crops: 0%


other: 97.86% (2001)
arable land: 5.69%


permanent crops: 5.15%


other: 89.16% (1998 est.)
Languages Faroese (derived from Old Norse), Danish Spanish (official), Amerindian languages (especially Quechua)
Legal system Danish based on civil law system; has not accepted compulsory ICJ jurisdiction
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 20 January 2004 (next to be held no later than January 2008)


election results: percent of vote by party - Union Party 23.7%, Social Democrats 21.8%, Republican Party 21.7%, People's Party 20.6%, Center Party 5.2%, Independence Party 4.6%; seats by party - Union Party 7, Social Democrats 7, Republican Party 8, People's Party 7, Center Party 2, Independence Party 1


note: election of 2 seats to the Danish Parliament was last held on 20 November 2001 (next to be held 8 February 2005); results - percent of vote by party - NA; seats by party - Republican Party 1, Union Party 1
unicameral National Congress or Congreso Nacional (100 seats; members are popularly elected by province to serve four-year terms)


elections: last held 20 October 2002 (next to be held NA October 2006)


election results: percent of vote by party - NA%; seats by party - PSC 25, PRE 15, ID 16, PRIAN 10, PSP 9, Pachakutik Movement 6, MPD 5, DP 4, PS 3, independents 7; note - defections by members of National Congress are commonplace, resulting in frequent changes in the numbers of seats held by the various parties
Life expectancy at birth total population: 79.05 years


male: 75.6 years


female: 82.51 years (2004 est.)
total population: 71.89 years


male: 69.06 years


female: 74.86 years (2003 est.)
Literacy definition: NA


total population: NA


male: NA


female: NA


note: probably the same as Denmark proper
definition: age 15 and over can read and write


total population: 92.5%


male: 94%


female: 91% (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 Western South America, bordering the Pacific Ocean at the Equator, between Colombia and Peru
Map references Europe South America
Maritime claims territorial sea: 3 nm


continental shelf: 200 nm or agreed boundaries or median line


exclusive fishing zone: 200 nm or agreed boundaries or median line
continental shelf: claims continental shelf between mainland and Galapagos Islands


territorial sea: 200 NM
Merchant marine total: 7 ships (1,000 GRT or over) 24,051 GRT/11,998 DWT


by type: cargo 3, container 1, petroleum tanker 1, roll on/roll off 1, short-sea/passenger 1


foreign-owned: Denmark 2, Norway 1, United Kingdom 1


registered in other countries: 1 (2004 est.)
total: 33 ships (1,000 GRT or over) 239,276 GRT/392,048 DWT


ships by type: cargo 2, chemical tanker 3, liquefied gas 1, passenger 3, petroleum tanker 23, specialized tanker 1


note: includes some foreign-owned ships registered here as a flag of convenience: Chile 1, Greece 1 (2002 est.)
Military - note defense is the responsibility of Denmark -
Military branches no regular military forces Army, Navy (including Marines), Air Force, National Police
Military expenditures - dollar figure NA $720 million (FY98)
Military expenditures - percent of GDP NA 3.4% (FY98)
Military manpower - availability - males age 15-49: 3,555,068 (2003 est.)
Military manpower - fit for military service - males age 15-49: 2,395,178 (2003 est.)
Military manpower - military age - 20 years of age (2003 est.)
Military manpower - reaching military age annually - males: 137,433 (2003 est.)
National holiday Olaifest, 29 July Independence Day (independence of Quito), 10 August (1809)
Nationality noun: Faroese (singular and plural)


adjective: Faroese
noun: Ecuadorian(s)


adjective: Ecuadorian
Natural hazards NA frequent earthquakes, landslides, volcanic activity; floods; periodic droughts
Natural resources fish, whales, hydropower, possible oil and gas petroleum, fish, timber, hydropower
Net migration rate 1.41 migrant(s)/1,000 population (2004 est.) -0.52 migrant(s)/1,000 population (2003 est.)
Pipelines - gas 71 km; oil 1,575 km; refined products 1,185 km (2003)
Political parties and leaders Center Party [Jenis A. RANA]; Independence Party [Helena Dam a NEYSTABO]; People's Party [Anfinn KALLSBERG]; Republican Party [Hogni HOYDAL]; Social Democratic Party [Joannes EIDESGAARD]; Union Party [Lisbeth PETERSEN] Concentration of Popular Forces or CFP [Averroes BUCARAM]; Democratic Left or ID [Rodrigo BORJA Cevallos]; National Action Institutional Renewal Party or PRIAN [leader NA]; Pachakutik Movement [Miguel LLUCO]; Patriotic Society Party or PSP [leader NA]; Popular Democracy or DP [Dr. Juan Manuel FUERTES]; Popular Democratic Movement or MPD [Gustavo TERAN Acosta]; Radical Alfarista Front or FRA [Fabian ALARCON, director]; Roldosist Party or PRE [Abdala BUCARAM Ortiz, director]; Social Christian Party or PSC [Pascual DEL CIOPPO]; Socialist Party or PS [leader NA]
Political pressure groups and leaders NA Confederation of Indigenous Nationalities of Ecuador or CONAIE [Leonidas IZA, president]; Coordinator of Social Movements or CMS [F. Napoleon SANTOS]; Federation of Indigenous Evangelists of Ecuador or FEINE [Marco MURILLO, president]; National Federation of Indigenous Afro-Ecuatorianos and Peasants or FENOCIN [Pedro DE LA CRUZ, president]; Popular Front or FP [Luis VILLACIS]
Population 46,662 (July 2004 est.) 13,710,234 (July 2003 est.)
Population below poverty line NA 70% (2001 est.)
Population growth rate 0.66% (2004 est.) 1.91% (2003 est.)
Ports and harbors Torshavn, Klaksvik, Tvoroyri, Runavik, Fuglafjordhur Esmeraldas, Guayaquil, La Libertad, Manta, Puerto Bolivar, San Lorenzo
Radio broadcast stations AM 1, FM 13, shortwave 0 (1998) AM 392, FM 35, shortwave 29 (2001)
Railways - total: 966 km


narrow gauge: 966 km 1.067-m gauge (2002)
Religions Evangelical Lutheran Roman Catholic 95%
Sex ratio at birth: 1 male(s)/female


under 15 years: 1 male(s)/female


15-64 years: 1.13 male(s)/female


65 years and over: 0.82 male(s)/female


total population: 1.05 male(s)/female (2004 est.)
at birth: 1.05 male(s)/female


under 15 years: 1.03 male(s)/female


15-64 years: 0.98 male(s)/female


65 years and over: 0.86 male(s)/female


total population: 0.99 male(s)/female (2003 est.)
Suffrage 18 years of age; universal 18 years of age; universal, compulsory for literate persons ages 18-65, optional for other eligible voters
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: country code - 298; 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: generally elementary but being expanded


domestic: facilities generally inadequate and unreliable


international: satellite earth station - 1 Intelsat (Atlantic Ocean)
Telephones - main lines in use 23,000 (2002) 1,115,272 (1999)
Telephones - mobile cellular 30,700 (2002) 384,000 (1999)
Television broadcast stations 3 (plus 43 low-power repeaters) (September 1995) 7 (plus 14 repeaters) (2001)
Terrain rugged, rocky, some low peaks; cliffs along most of coast coastal plain (costa), inter-Andean central highlands (sierra), and flat to rolling eastern jungle (oriente)
Total fertility rate 2.22 children born/woman (2004 est.) 2.99 children born/woman (2003 est.)
Unemployment rate 1% (October 2000) 7.7%; note - widespread underemployment (2001 est.)
Waterways - 1,500 km
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