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Compare Faroe Islands (2004) - Nicaragua (2005)
Compare Faroe Islands (2004) z Nicaragua (2005)
| Faroe Islands (2004) | Nicaragua (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 | 15 departments (departamentos, singular - departamento) and 2 autonomous regions* (regiones autonomistas, singular - region autonomista); Atlantico Norte*, Atlantico Sur*, Boaco, Carazo, Chinandega, Chontales, Esteli, Granada, Jinotega, Leon, Madriz, Managua, Masaya, Matagalpa, Nueva Segovia, Rio San Juan, Rivas |
| 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: 37.2% (male 1,036,487/female 999,226)
15-64 years: 59.7% (male 1,623,065/female 1,638,017) 65 years and over: 3.1% (male 73,935/female 94,370) (2005 est.) |
| Agriculture - products | milk, potatoes, vegetables; sheep; salmon, other fish | coffee, bananas, sugarcane, cotton, rice, corn, tobacco, sesame, soya, beans; beef, veal, pork, poultry, dairy products |
| Airports | 1 (2003 est.) | 176 (2004 est.) |
| Airports - with paved runways | total: 1
914 to 1,523 m: 1 (2004 est.) |
total: 11
2,438 to 3,047 m: 3 1,524 to 2,437 m: 2 914 to 1,523 m: 3 under 914 m: 3 (2004 est.) |
| Airports - with unpaved runways | - | total: 165
1,524 to 2,437 m: 1 914 to 1,523 m: 23 under 914 m: 141 (2004 est.) |
| Area | total: 1,399 sq km
land: 1,399 sq km water: 0 sq km (some lakes and streams) |
total: 129,494 sq km
land: 120,254 sq km water: 9,240 sq km |
| Area - comparative | eight times the size of Washington, DC | slightly smaller than the state of New York |
| 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 Pacific Coast of Nicaragua was settled as a Spanish colony from Panama in the early 16th century. Independence from Spain was declared in 1821 and the country became an independent republic in 1838. Britain occupied the Caribbean Coast in the first half of the 19th century, but gradually ceded control of the region in subsequent decades. Violent opposition to governmental manipulation and corruption spread to all classes by 1978 and resulted in a short-lived civil war that brought the Marxist Sandinista guerrillas to power in 1979. Nicaraguan aid to leftist rebels in El Salvador caused the US to sponsor anti-Sandinista contra guerrillas through much of the 1980s. Free elections in 1990, 1996, and again in 2001 saw the Sandinistas defeated. The country has slowly rebuilt its economy during the 1990s, but was hard hit by Hurricane Mitch in 1998. |
| Birth rate | 13.89 births/1,000 population (2004 est.) | 24.88 births/1,000 population (2005 est.) |
| Budget | revenues: $488 million
expenditures: $484 million, including capital expenditures of $21 million (1999) |
revenues: $725.5 million
expenditures: $1.039 billion, including capital expenditures of NA (2004 est.) |
| Capital | Torshavn | Managua |
| Climate | mild winters, cool summers; usually overcast; foggy, windy | tropical in lowlands, cooler in highlands |
| Coastline | 1,117 km | 910 km |
| Constitution | 5 June 1953 (Danish constitution) | 9 January 1987; reforms in 1995 and 2000 |
| Country name | conventional long form: none
conventional short form: Faroe Islands local long form: none local short form: Foroyar |
conventional long form: Republic of Nicaragua
conventional short form: Nicaragua local long form: Republica de Nicaragua local short form: Nicaragua |
| Currency | Danish krone (DKK) | - |
| Death rate | 8.68 deaths/1,000 population (2004 est.) | 4.49 deaths/1,000 population (2005 est.) |
| Debt - external | $64 million (1999) | $4.573 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 Barbara Calandra MOORE
embassy: Kilometer 4.5 Carretera Sur, Managua mailing address: APO AA 34021 telephone: [505] 266-6010 FAX: [505] 266-9074 |
| Diplomatic representation in the US | none (self-governing overseas administrative division of Denmark) | chief of mission: Ambassador Salvador STADTHAGEN (since 5 December 2003)
chancery: 1627 New Hampshire Avenue NW, Washington, DC 20009 telephone: [1] (202) 939-6570, [1] (202) 939-6573 FAX: [1] (202) 939-6545 consulate(s) general: Houston, Los Angeles, Miami, New York, 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 | Nicaragua filed a claim against Honduras in 1999 and against Colombia in 2001 at the ICJ over disputed maritime boundary involving 50,000 sq km in the Caribbean Sea, including the Archipelago de San Andres y Providencia and Quita Sueno Bank; the 1992 ICJ ruling for El Salvador and Honduras advised a tripartite resolution to establish a maritime boundary in the Gulf of Fonseca, which considers Honduran access to the Pacific; legal dispute over navigational rights of San Juan River on border with Costa Rica |
| Economic aid - recipient | $135 million (annual subsidy from Denmark) (1998) | $541.8 million (2003) |
| 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. | Nicaragua, one of the hemisphere's poorest countries, faces low per capita income, massive unemployment, and huge external debt. Distribution of income is one of the most unequal on the globe. While the country has made progress toward macroeconomic stability over the past few years, GDP annual growth has been far too low to meet the country's needs. As a result of successful performance under its International Monetary Fund policy program and other efforts, Nicaragua qualified in early 2004 for some $4 billion in foreign debt reduction under the Heavily Indebted Poor Countries (HIPC) initiative. Even after this reduction, however, the government continues to bear a significant foreign and domestic debt burden. If ratified, the US-Central America Free Trade Agreement (CAFTA) will provide an opportunity for Nicaragua to attract investment, create jobs, and deepen economic development. While President BOLANOS enjoys the support of the international financial bodies, his internal political base is meager. |
| Electricity - consumption | 149.1 million kWh (2001) | 2.318 billion kWh (2002) |
| Electricity - exports | 0 kWh (2001) | 6.8 million kWh (2002) |
| Electricity - imports | 0 kWh (2001) | 15.3 million kWh (2002) |
| Electricity - production | 160.4 million kWh (2001) | 2.553 billion kWh (2002) |
| Elevation extremes | lowest point: Atlantic Ocean 0 m
highest point: Slaettaratindur 882 m |
lowest point: Pacific Ocean 0 m
highest point: Mogoton 2,438 m |
| Environment - current issues | NA | deforestation; soil erosion; water pollution |
| Environment - international agreements | - | party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Ozone Layer Protection, Ship Pollution, Wetlands
signed, but not ratified: Environmental Modification |
| Ethnic groups | Scandinavian | mestizo (mixed Amerindian and white) 69%, white 17%, black 9%, Amerindian 5% |
| Exchange rates | Danish kroner per US dollar - 6.5877 (2003), 7.89 (2002), 8.323 (2001), 8.083 (2000), 6.976 (1999) | gold cordobas per US dollar - 15.937 (2004), 15.105 (2003), 14.251 (2002), 13.372 (2001), 12.684 (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 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 Enrique BOLANOS Geyer (since 10 January 2002); Vice President Jose RIZO Castellon (since 10 January 2002); note - the president is both chief of state and head of government
head of government: President Enrique BOLANOS Geyer (since 10 January 2002); Vice President Jose RIZO Castellon (since 10 January 2002); note - the president is both chief of state and head of government cabinet: Council of Ministers appointed by the president elections: president and vice president elected on the same ticket by popular vote for a five-year term; election last held 4 November 2001 (next to be held by November 2006) election results: Enrique BOLANOS Geyer (PLC) elected president - 56.3%, Daniel ORTEGA Saavedra (FSLN) 42.3%, Alberto SABORIO (PCN) 1.4%; Jose RIZO Castellon elected vice president |
| Exports | NA (2001) | 738 bbl/day (2003) |
| Exports - commodities | fish and fish products 94%, stamps, ships (1999) | coffee, beef, shrimp and lobster, tobacco, sugar, gold, peanuts |
| Exports - partners | Denmark 36.7%, UK 32.1%, Netherlands 6.1%, Nigeria 5.6%, Norway 5.4% (2003) | US 64.8%, El Salvador 7%, Mexico 3.6% (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 blue (top), white, and blue with the national coat of arms centered in the white band; the coat of arms features a triangle encircled by the words REPUBLICA DE NICARAGUA on the top and AMERICA CENTRAL on the bottom; similar to the flag of El Salvador, which features a round emblem encircled by the words REPUBLICA DE EL SALVADOR EN LA AMERICA CENTRAL centered in the white band; also similar to the flag of Honduras, which has five blue stars arranged in an X pattern centered in the white band |
| GDP | purchasing power parity - $1 billion (2001 est.) | - |
| GDP - composition by sector | agriculture: 27%
industry: 11% services: 62% (1999) |
agriculture: 20.7%
industry: 24.7% services: 54.6% (2004 est.) |
| GDP - per capita | purchasing power parity - $22,000 (2001 est.) | purchasing power parity - $2,300 (2004 est.) |
| GDP - real growth rate | 10% (2001 est.) | 4% (2004 est.) |
| Geographic coordinates | 62 00 N, 7 00 W | 13 00 N, 85 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 | largest country in Central America; contains the largest freshwater body in Central America, Lago de Nicaragua |
| Highways | total: 463 km
paved: 454 km unpaved: 9 km (1999) |
total: 18,712 km
paved: 2,126 km unpaved: 16,586 km (2002) |
| Household income or consumption by percentage share | lowest 10%: NA
highest 10%: NA |
lowest 10%: 1.2%
highest 10%: 45% (2001) |
| Illicit drugs | - | transshipment point for cocaine destined for the US and transshipment point for arms-for-drugs dealing |
| Imports | NA (2001) | 27,950 bbl/day (2003) |
| Imports - commodities | machinery and transport equipment 29%, consumer goods 36%, raw materials and semi-manufactures 32%, fuels, fish and salt (1999) | consumer goods, machinery and equipment, raw materials, petroleum products |
| Imports - partners | Denmark 52.7%, Norway 22.5%, Iceland 4.7%, Germany 4.2%, UK 4% (2003) | US 22.6%, Costa Rica 8.5%, Venezuela 8.4%, Guatemala 6.8%, Mexico 5.8%, El Salvador 4.9%, South Korea 4.5% (2004) |
| Independence | none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark) | 15 September 1821 (from Spain) |
| Industrial production growth rate | 8% (1999 est.) | 4.4% (2000 est.) |
| Industries | fishing, fish processing, shipbuilding, construction, handicrafts | food processing, chemicals, machinery and metal products, textiles, clothing, petroleum refining and distribution, beverages, footwear, wood |
| 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: 29.11 deaths/1,000 live births
male: 32.6 deaths/1,000 live births female: 25.44 deaths/1,000 live births (2005 est.) |
| Inflation rate (consumer prices) | 5.1% (1999) | 9.3% (2004 est.) |
| International organization participation | IMO (associate), NC, NIB, UPU | BCIE, CACM, FAO, G-77, IADB, IAEA, IBRD, ICAO, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, ISO (correspondent), ITU, LAES, LAIA (observer), MIGA, NAM, OAS, OPANAL, OPCW, PCA, RG, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UPU, WCL, WCO, WHO, WIPO, WMO, WToO, WTO |
| Irrigated land | 0 sq km (1998 est.) | 880 sq km (1998 est.) |
| Judicial branch | none | Supreme Court or Corte Suprema (16 judges elected for five-year terms by the National Assembly) |
| Labor force | 24,250 (October 2000) | 1.93 million (2004 est.) |
| Labor force - by occupation | fishing, fish processing, and manufacturing 33%, construction and private services 33%, public services 34% | agriculture 30.5%, industry 17.3%, services 52.2% (2003 est.) |
| Land boundaries | 0 km | total: 1,231 km
border countries: Costa Rica 309 km, Honduras 922 km |
| Land use | arable land: 2.14%
permanent crops: 0% other: 97.86% (2001) |
arable land: 15.94%
permanent crops: 1.94% other: 82.12% (2001) |
| Languages | Faroese (derived from Old Norse), Danish | Spanish 97.5% (official), Miskito 1.7%, other 0.8% (1995 census)
note: English and indigenous languages on Atlantic coast |
| Legal system | Danish | civil law system; Supreme Court may review administrative acts |
| 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 Assembly or Asamblea Nacional (92 seats; members are elected by proportional representation and party lists to serve five-year terms; one seat for previous President, one seat for runner-up in previous Presidential election
elections: last held 4 November 2001 (next to be held by November 2006) election results: percent of vote by party - Liberal Alliance (ruling party - includes PCCN, PLC, PALI, PLIUN, and PUCA) 46.03%, FSLN 36.55%, PCN 2.12%; seats by party - Liberal Alliance 53, FSLN 38, PCN 1 |
| Life expectancy at birth | total population: 79.05 years
male: 75.6 years female: 82.51 years (2004 est.) |
total population: 70.33 years
male: 68.27 years female: 72.49 years (2005 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: 67.5% male: 67.2% female: 67.8% (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 | Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Costa Rica and Honduras |
| Map references | Europe | Central America and the Caribbean |
| 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 |
territorial sea: 200 nm
continental shelf: natural prolongation |
| 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.) |
- |
| Military - note | defense is the responsibility of Denmark | - |
| Military branches | no regular military forces | Army (includes Navy, Air Force) |
| Military expenditures - dollar figure | NA | $32.8 million (2004) |
| Military expenditures - percent of GDP | NA | 0.7% (2004) |
| National holiday | Olaifest, 29 July | Independence Day, 15 September (1821) |
| Nationality | noun: Faroese (singular and plural)
adjective: Faroese |
noun: Nicaraguan(s)
adjective: Nicaraguan |
| Natural hazards | NA | destructive earthquakes, volcanoes, landslides; extremely susceptible to hurricanes |
| Natural resources | fish, whales, hydropower, possible oil and gas | gold, silver, copper, tungsten, lead, zinc, timber, fish |
| Net migration rate | 1.41 migrant(s)/1,000 population (2004 est.) | -1.19 migrant(s)/1,000 population (2005 est.) |
| Pipelines | - | oil 54 km (2004) |
| 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] | Alliance for the Republic or APRE [Miguel LOPEZ Baldizon, Oscar WENDOLYN Vargas, Karla WHITE]; Central American Unionist Party or PUCA [leader NA]; Christian Alternative Party or AC [Orlando TARDENCILLA Espinoza]; Conservative Party of Nicaragua or PCN [Mario RAPPACCIOLI]; Independent Liberal Party or PLI [Anibal MARTINEZ Nunez, Pedro REYES Vallejos]; Independent Liberal Party for National Unity or PLIUN [leader NA]; Liberal Constitutional Party or PLC [Jorge CASTILLO Quant]; Liberal Salvation Movement or MSL [Eliseo NUNEZ Hernandez]; New Liberal Party or PALI [leader NA]; Nicaraguan Party of the Christian Path or PCCN [Guillermo OSORNO Molina]; Nicaraguan Resistance Party or PRN [Salvador TALAVERA]; Sandinista National Liberation Front or FSLN [Daniel ORTEGA Saavedra]; Sandinista Renovation Movement or MRS [leader NA]; Unity Alliance or AU [leader NA] |
| Political pressure groups and leaders | NA | National Workers Front or FNT is a Sandinista umbrella group of eight labor unions including - Farm Workers Association or ATC, Health Workers Federation or FETASALUD, Heroes and Martyrs Confederation of Professional Associations or CONAPRO, National Association of Educators of Nicaragua or ANDEN, National Union of Employees or UNE, National Union of Farmers and Ranchers or UNAG, Sandinista Workers Central or CST, and Union of Journalists of Nicaragua or UPN; Permanent Congress of Workers or CPT is an umbrella group of four non-Sandinista labor unions including - Autonomous Nicaraguan Workers Central or CTN-A, Confederation of Labor Unification or CUS, Independent General Confederation of Labor or CGT-I, and Labor Action and Unity Central or CAUS; Nicaraguan Workers' Central or CTN is an independent labor union; Superior Council of Private Enterprise or COSEP is a confederation of business groups |
| Population | 46,662 (July 2004 est.) | 5,465,100 (July 2005 est.) |
| Population below poverty line | NA | 50% (2001 est.) |
| Population growth rate | 0.66% (2004 est.) | 1.92% (2005 est.) |
| Ports and harbors | Torshavn, Klaksvik, Tvoroyri, Runavik, Fuglafjordhur | Bluefields, Corinto, El Bluff |
| Radio broadcast stations | AM 1, FM 13, shortwave 0 (1998) | AM 63, FM 32, shortwave 1 (1998) |
| Railways | - | total: 6 km
narrow gauge: 6 km 1.067-m gauge (2004) |
| Religions | Evangelical Lutheran | Roman Catholic 72.9%, Evangelical 15.1%, Moravian 1.5%, Episcopal 0.1%, other 1.9%, none 8.5% (1995 census) |
| 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: 1.04 male(s)/female 15-64 years: 0.99 male(s)/female 65 years and over: 0.78 male(s)/female total population: 1 male(s)/female (2005 est.) |
| Suffrage | 18 years of age; universal | 16 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: 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: inadequate system being upgraded by foreign investment
domestic: low-capacity microwave radio relay and wire system being expanded; connected to Central American Microwave System international: country code - 505; satellite earth stations - 1 Intersputnik (Atlantic Ocean region) and 1 Intelsat (Atlantic Ocean) |
| Telephones - main lines in use | 23,000 (2002) | 171,600 (2002) |
| Telephones - mobile cellular | 30,700 (2002) | 202,800 (2002) |
| Television broadcast stations | 3 (plus 43 low-power repeaters) (September 1995) | 3 (plus seven low-power repeaters) (1997) |
| Terrain | rugged, rocky, some low peaks; cliffs along most of coast | extensive Atlantic coastal plains rising to central interior mountains; narrow Pacific coastal plain interrupted by volcanoes |
| Total fertility rate | 2.22 children born/woman (2004 est.) | 2.81 children born/woman (2005 est.) |
| Unemployment rate | 1% (October 2000) | 7.8% plus underemployment of 46.5% (2003 est.) |
| Waterways | - | 2,220 km (including lakes Managua and Nicaragua) (1997) |
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