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Compare Faroe Islands (2004) - Palau (2003)

Compare Faroe Islands (2004) z Palau (2003)

 Faroe Islands (2004)Palau (2003)
 Faroe IslandsPalau
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 16 states; Aimeliik, Airai, Angaur, Hatobohei, Kayangel, Koror, Melekeok, Ngaraard, Ngarchelong, Ngardmau, Ngatpang, Ngchesar, Ngeremlengui, Ngiwal, Peleliu, Sonsoral
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: 26.7% (male 2,714; female 2,552)


15-64 years: 68.7% (male 7,352; female 6,197)


65 years and over: 4.6% (male 429; female 473) (2003 est.)
Agriculture - products milk, potatoes, vegetables; sheep; salmon, other fish coconuts, copra, cassava (tapioca), sweet potatoes
Airports 1 (2003 est.) 3 (2002)
Airports - with paved runways total: 1


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


1,524 to 2,437 m: 1 (2002)
Airports - with unpaved runways - total: 2


1,524 to 2,437 m: 2 (2002)
Area total: 1,399 sq km


land: 1,399 sq km


water: 0 sq km (some lakes and streams)
total: 458 sq km


land: 458 sq km


water: 0 sq km
Area - comparative eight times the size of Washington, DC slightly more than 2.5 times the size of Washington, DC
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. After three decades as part of the UN Trust Territory of the Pacific under US administration, this westernmost cluster of the Caroline Islands opted for independence in 1978 rather than join the Federated States of Micronesia. A Compact of Free Association with the US was approved in 1986, but not ratified until 1993. It entered into force the following year, when the islands gained independence.
Birth rate 13.89 births/1,000 population (2004 est.) 19.02 births/1,000 population (2003 est.)
Budget revenues: $488 million


expenditures: $484 million, including capital expenditures of $21 million (1999)
revenues: $57.7 million


expenditures: $80.8 million, including capital expenditures of $17.1 million (FY 98/99 est.)
Capital Torshavn Koror; note - a new capital is being built about 20 km northeast of Koror
Climate mild winters, cool summers; usually overcast; foggy, windy wet season May to November; hot and humid
Coastline 1,117 km 1,519 km
Constitution 5 June 1953 (Danish constitution) 1 January 1981
Country name conventional long form: none


conventional short form: Faroe Islands


local long form: none


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


conventional short form: Palau


local long form: Beluu er a Belau


local short form: Belau


former: Palau District (Trust Territory of the Pacific Islands)
Currency Danish krone (DKK) US dollar (USD)
Death rate 8.68 deaths/1,000 population (2004 est.) 7 deaths/1,000 population (2003 est.)
Debt - external $64 million (1999) $0 (FY 99/00)
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: the Ambassador to the Philippines is accredited to Palau


embassy: address NA, Koror


mailing address: P. O. Box 6028, Republic of Palau 96940


telephone: [680] 488-2920, 2990


FAX: [680] 488-2911
Diplomatic representation in the US none (self-governing overseas administrative division of Denmark) chief of mission: Ambassador Hersey KYOTA


chancery: 1800 K Street NW, Suite 714, Washington, DC 20006


telephone: [1] (202) 452-6814


FAX: [1] (202) 452-6281


consulate(s): Saipan (Northern Mariana Islands)
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) $155.8 million ; note - the Compact of Free Association with the US, entered into after the end of the UN trusteeship on 1 October 1994, provides Palau with up to $700 million in US aid over 15 years in return for furnishing military facilities
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 economy consists primarily of tourism, subsistence agriculture and fishing. The government is the major employer of the work force, relying heavily on financial assistance from the US. Business and tourist arrivals numbered 50,000 in FY00/01. The population enjoys a per capita income twice that of the Philippines and much of Micronesia. Long-run prospects for the key tourist sector have been greatly bolstered by the expansion of air travel in the Pacific, the rising prosperity of leading East Asian countries, and the willingness of foreigners to finance infrastructure development.
Electricity - consumption 149.1 million kWh (2001) -
Electricity - exports 0 kWh (2001) -
Electricity - imports 0 kWh (2001) -
Electricity - production 160.4 million kWh (2001) -
Electricity - production by source - 0%
Elevation extremes lowest point: Atlantic Ocean 0 m


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


highest point: Mount Ngerchelchuus 242 m
Environment - current issues NA inadequate facilities for disposal of solid waste; threats to the marine ecosystem from sand and coral dredging, illegal fishing practices, and overfishing
Environment - international agreements - party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Law of the Sea, Ozone Layer Protection


signed, but not ratified: none of the selected agreements
Ethnic groups Scandinavian Palauan (Micronesian with Malayan and Melanesian admixtures) 70%, Asian (mainly Filipinos, followed by Chinese, Taiwanese, and Vietnamese) 28%, white 2% (2000 est.)
Exchange rates Danish kroner per US dollar - 6.5877 (2003), 7.89 (2002), 8.323 (2001), 8.083 (2000), 6.976 (1999) the US dollar is used
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 Tommy Esang REMENGESAU, Jr. (since 19 January 2001) and Vice President Sandra PIERANTOZZI (since 19 January 2001); note - the president is both the chief of state and head of government


head of government: President Tommy Esang REMENGESAU, Jr. (since 19 January 2001) and Vice President Sandra PIERANTOZZI (since 19 January 2001); note - the president is both the chief of state and head of government


cabinet: Cabinet


elections: president and vice president elected on separate tickets by popular vote for four-year terms; election last held 7 November 2000 (next to be held NA November 2004)


election results: Tommy Esang REMENGESAU, Jr. elected president; percent of vote - Tommy Esang REMENGESAU, Jr. 53%, Peter SUGIYAMA 46%; Sandra PIERANTOZZI elected vice president; percent of vote - Sandra PIERANTOZZI 52%, Alan SEID 45%
Exports NA (2001) $18 million f.o.b. (2001 est.)
Exports - commodities fish and fish products 94%, stamps, ships (1999) shellfish, tuna, copra, garments
Exports - partners Denmark 36.7%, UK 32.1%, Netherlands 6.1%, Nigeria 5.6%, Norway 5.4% (2003) US, Japan, Singapore (2000)
Fiscal year calendar year 1 October - 30 September
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) light blue with a large yellow disk (representing the moon) shifted slightly to the hoist side
GDP purchasing power parity - $1 billion (2001 est.) purchasing power parity - $174 million


note: $174 million $174 million GDP estimate includes US subsidy (2001 est.)
GDP - composition by sector agriculture: 27%


industry: 11%


services: 62% (1999)
agriculture: NA%


industry: NA%


services: NA%
GDP - per capita purchasing power parity - $22,000 (2001 est.) purchasing power parity - $9,000 (2001 est.)
GDP - real growth rate 10% (2001 est.) 1% (2001 est.)
Geographic coordinates 62 00 N, 7 00 W 7 30 N, 134 30 E
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 westernmost archipelago in the Caroline chain, consists of six island groups totaling more than 300 islands; includes World War II battleground of Beliliou (Peleliu) and world-famous rock islands
Highways total: 463 km


paved: 454 km


unpaved: 9 km (1999)
total: 61 km


paved: 36 km


unpaved: 25 km
Household income or consumption by percentage share lowest 10%: NA


highest 10%: NA
lowest 10%: NA%


highest 10%: NA%
Imports NA (2001) $99 million f.o.b. (2001 est.)
Imports - commodities machinery and transport equipment 29%, consumer goods 36%, raw materials and semi-manufactures 32%, fuels, fish and salt (1999) machinery and equipment, fuels, metals; foodstuffs
Imports - partners Denmark 52.7%, Norway 22.5%, Iceland 4.7%, Germany 4.2%, UK 4% (2003) US, Guam, Japan, Singapore, Korea (2000)
Independence none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark) 1 October 1994 (from the US-administered UN Trusteeship)
Industrial production growth rate 8% (1999 est.) NA%
Industries fishing, fish processing, shipbuilding, construction, handicrafts tourism, craft items (from shell, wood, pearls), construction, garment making
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: 15.76 deaths/1,000 live births


male: 17.55 deaths/1,000 live births


female: 13.86 deaths/1,000 live births (2003 est.)
Inflation rate (consumer prices) 5.1% (1999) 3.4% (2000 est.)
International organization participation IMO (associate), NC, NIB, UPU ACP, ESCAP, FAO, G-77, IBRD, ICAO, ICRM, IDA, IFC, IFRCS, IMF, IOC, Sparteca, SPC, SPF, UN, UNCTAD, UNESCO, WHO
Internet Service Providers (ISPs) - 1 (2002)
Irrigated land 0 sq km (1998 est.) NA sq km
Judicial branch none Supreme Court; National Court; Court of Common Pleas
Labor force 24,250 (October 2000) 9,845 (2000)
Labor force - by occupation fishing, fish processing, and manufacturing 33%, construction and private services 33%, public services 34% agriculture 20%, industry NA%, services NA% (1990)
Land boundaries 0 km 0 km
Land use arable land: 2.14%


permanent crops: 0%


other: 97.86% (2001)
arable land: 21.74%


permanent crops: 0%


other: 78.26% (1998 est.)
Languages Faroese (derived from Old Norse), Danish English and Palauan official in all states except Sonsoral (Sonsoralese and English are official), Tobi (Tobi and English are official), and Angaur (Angaur, Japanese, and English are official)
Legal system Danish based on Trust Territory laws, acts of the legislature, municipal, common, and customary laws
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
bicameral Parliament or Olbiil Era Kelulau (OEK) consists of the Senate (9 seats; members elected by popular vote on a population basis to serve four-year terms) and the House of Delegates (16 seats; members elected by popular vote to serve four-year terms)


elections: Senate - last held 7 November 2000 (next to be held NA November 2004); House of Delegates - last held 7 November 2000 (next to be held NA November 2004)


election results: Senate - percent of vote - NA%; seats - independents 9; House of Delegates - percent of vote - NA%; seats - independents 16
Life expectancy at birth total population: 79.05 years


male: 75.6 years


female: 82.51 years (2004 est.)
total population: 69.5 years


male: 66.37 years


female: 72.82 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%


male: 93%


female: 90% (1980 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 Oceania, group of islands in the North Pacific Ocean, southeast of the Philippines
Map references Europe Oceania
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
exclusive fishing zone: 12 NM


extended fishing zone: 200 NM


territorial sea: 3 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.)
none (2002 est.)
Military - note defense is the responsibility of Denmark defense is the responsibility of the US; under a Compact of Free Association between Palau and the US, the US military is granted access to the islands for 50 years
Military branches no regular military forces NA
Military expenditures - dollar figure NA $NA
Military expenditures - percent of GDP NA NA%
National holiday Olaifest, 29 July Constitution Day, 9 July (1979)
Nationality noun: Faroese (singular and plural)


adjective: Faroese
noun: Palauan(s)


adjective: Palauan
Natural hazards NA typhoons (June to December)
Natural resources fish, whales, hydropower, possible oil and gas forests, minerals (especially gold), marine products, deep-seabed minerals
Net migration rate 1.41 migrant(s)/1,000 population (2004 est.) 3.4 migrant(s)/1,000 population (2003 est.)
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] none
Political pressure groups and leaders NA NA
Population 46,662 (July 2004 est.) 19,717 (July 2003 est.)
Population below poverty line NA NA%
Population growth rate 0.66% (2004 est.) 1.54% (2003 est.)
Ports and harbors Torshavn, Klaksvik, Tvoroyri, Runavik, Fuglafjordhur Koror
Radio broadcast stations AM 1, FM 13, shortwave 0 (1998) AM 1, FM 4, shortwave 1 (2002)
Railways - 0 km
Religions Evangelical Lutheran Christian (Roman Catholics 49%, Seventh-Day Adventists, Jehovah's Witnesses, the Assembly of God, the Liebenzell Mission, and Latter-Day Saints), Modekngei religion (one-third of the population observes this religion, which is indigenous to Palau)
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: 1.06 male(s)/female


under 15 years: 1.06 male(s)/female


15-64 years: 1.19 male(s)/female


65 years and over: 0.91 male(s)/female


total population: 1.14 male(s)/female (2003 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: 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: NA


domestic: NA


international: satellite earth station - 1 Intelsat (Pacific Ocean)
Telephones - main lines in use 23,000 (2002) 6,700 (2002)
Telephones - mobile cellular 30,700 (2002) 1,000 (2002)
Television broadcast stations 3 (plus 43 low-power repeaters) (September 1995) 1 (1997)
Terrain rugged, rocky, some low peaks; cliffs along most of coast varying geologically from the high, mountainous main island of Babelthuap to low, coral islands usually fringed by large barrier reefs
Total fertility rate 2.22 children born/woman (2004 est.) 2.47 children born/woman (2003 est.)
Unemployment rate 1% (October 2000) 2.3% (2000 est.)
Waterways - none
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