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Compare Faroe Islands (2005) - Barbados (2004)

Compare Faroe Islands (2005) z Barbados (2004)

 Faroe Islands (2005)Barbados (2004)
 Faroe IslandsBarbados
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 11 parishes; Christ Church, Saint Andrew, Saint George, Saint James, Saint John, Saint Joseph, Saint Lucy, Saint Michael, Saint Peter, Saint Philip, Saint Thomas; note - the city of Bridgetown may be given parish status
Age structure 0-14 years: 21.3% (male 4,997/female 4,999)


15-64 years: 64.9% (male 16,120/female 14,360)


65 years and over: 13.8% (male 2,923/female 3,563) (2005 est.)
0-14 years: 21% (male 29,294; female 29,020)


15-64 years: 70.3% (male 95,675; female 99,864)


65 years and over: 8.8% (male 9,370; female 15,066) (2004 est.)
Agriculture - products milk, potatoes, vegetables; sheep; salmon, other fish sugarcane, vegetables, cotton
Airports 1 (2004 est.) 1 (2003 est.)
Airports - with paved runways total: 1


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


over 3,047 m: 1 (2004 est.)
Area total: 1,399 sq km


land: 1,399 sq km


water: 0 sq km (some lakes and streams)
total: 431 sq km


land: 431 sq km


water: 0 sq km
Area - comparative eight times the size of Washington, DC 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. The island was uninhabited when first settled by the British in 1627. Slaves worked the sugar plantations established on the island until 1834 when slavery was abolished. The economy remained heavily dependent on sugar, rum, and molasses production through most of the 20th century. The gradual introduction of social and political reforms in the 1940s and 1950s led to complete independence from the UK in 1966. In the 1990s, tourism and manufacturing surpassed the sugar industry in economic importance.
Birth rate 13.97 births/1,000 population (2005 est.) 12.98 births/1,000 population (2004 est.)
Budget revenues: $488 million


expenditures: $484 million, including capital expenditures of $21 million (1999)
revenues: $847 million (including grants)


expenditures: $886 million, including capital expenditures of NA (2000 est.)
Capital Torshavn Bridgetown
Climate mild winters, cool summers; usually overcast; foggy, windy tropical; rainy season (June to October)
Coastline 1,117 km 97 km
Constitution 5 June 1953 (Danish constitution) 30 November 1966
Country name conventional long form: none


conventional short form: Faroe Islands


local long form: none


local short form: Foroyar
conventional long form: none


conventional short form: Barbados
Currency - Barbadian dollar (BBD)
Death rate 8.69 deaths/1,000 population (2005 est.) 9.08 deaths/1,000 population (2004 est.)
Debt - external $64 million (1999) $668 million (2003)
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 Mary E. KRAMER


embassy: Canadian Imperial Bank of Commerce Building, Broad Street, Bridgetown; (courier) ALICO Building-Cheapside, Bridgetown


mailing address: P. O. Box 302, Bridgetown; CMR 1014, APO AA 34055


telephone: [1] (246) 436-4950


FAX: [1] (246) 429-5246, 429-3379
Diplomatic representation in the US none (self-governing overseas administrative division of Denmark) chief of mission: Ambassador Michael Ian KING


chancery: 2144 Wyoming Avenue NW, Washington, DC 20008


telephone: [1] (202) 339-9200


FAX: [1] (202) 332-7467


consulate(s) general: Miami and New York


consulate(s): Los Angeles
Disputes - international because anticipated offshore hydrocarbon resources have not been realized, earlier Faroese proposals for full independence have been deferred; Iceland disputes the Faroe Islands' fisheries median line boundary; Iceland, the UK, and Ireland dispute Denmark's claim that the Faroe Islands' continental shelf extends beyond 200 nm Barbados intends to take its claim before UNCLOS arbitration that the northern limit of Trinidad and Tobago's maritime boundary with Venezuela extends into its waters; joins other Caribbean states to counter Venezuela's claim that Aves Island sustains human habitation, a criterion under UNCLOS, which permits Venezuela to extend its EEZ/continental shelf over a large portion of the Caribbean Sea
Economic aid - recipient $135 million (annual subsidy from Denmark) (1998) $9.1 million (1995)
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 minimal 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 has helped 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. Historically, the Barbadian economy had been dependent on sugarcane cultivation and related activities, but production in recent years has diversified into light industry and tourism. Offshore finance and information services are important foreign exchange earners. The government continues its efforts to reduce unemployment, to encourage direct foreign investment, and to privatize remaining state-owned enterprises. The economy contracted in 2002-03 mainly due to a decline in tourism. Growth should be positive in 2004, the precise level largely dependent on economic conditions in the US and Europe.
Electricity - consumption 204.6 million kWh (2002) 725.4 million kWh (2001)
Electricity - exports 0 kWh (2002) 0 kWh (2001)
Electricity - imports 0 kWh (2002) 0 kWh (2001)
Electricity - production 220 million kWh (2002) 780 million kWh (2001)
Elevation extremes lowest point: Atlantic Ocean 0 m


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


highest point: Mount Hillaby 336 m
Environment - current issues NA pollution of coastal waters from waste disposal by ships; soil erosion; illegal solid waste disposal threatens contamination of aquifers
Environment - international agreements - party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution


signed, but not ratified: none of the selected agreements
Ethnic groups Scandinavian black 90%, white 4%, Asian and mixed 6%
Exchange rates Danish kroner per US dollar - 5.9911 (2004), 6.5877 (2003), 7.8947 (2002), 8.3228 (2001), 8.0831 (2000) Barbadian dollars per US dollar - 2 (2003), 2 (2002), 2 (2001), 2 (2000), 2 (1999)
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: Queen ELIZABETH II (since 6 February 1952), represented by Governor General Sir Clifford Straughn HUSBANDS (since 1 June 1996)


head of government: Prime Minister Owen Seymour ARTHUR (since 6 September 1994); Deputy Prime Minister Mia MOTTLEY (since 26 May 2003)


cabinet: Cabinet appointed by the governor general on the advice of the prime minister


elections: none; the monarch is hereditary; governor general appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed prime minister by the governor general; the prime minister recommends the deputy prime minister
Exports NA NA (2001)
Exports - commodities fish and fish products 94%, stamps, ships (1999) sugar and molasses, rum, other foods and beverages, chemicals, electrical components
Exports - partners Denmark 33.5%, UK 29.7%, Norway 8.4%, Nigeria 7.2% (2004) US 18.7%, Trinidad and Tobago 14.5%, UK 14%, Jamaica 7.8%, Saint Lucia 6.2%, Saint Vincent and the Grenadines 4.7% (2003)
Fiscal year calendar year 1 April - 31 March
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 vertical bands of blue (hoist side), gold, and blue with the head of a black trident centered on the gold band; the trident head represents independence and a break with the past (the colonial coat of arms contained a complete trident)
GDP - purchasing power parity - $4.355 billion (2003 est.)
GDP - composition by sector agriculture: 27%


industry: 11%


services: 62% (1999)
agriculture: 6%


industry: 16%


services: 78% (2000 est.)
GDP - per capita purchasing power parity - $22,000 (2001 est.) purchasing power parity - $15,700 (2003 est.)
GDP - real growth rate 10% (2001 est.) 2.2% (2003 est.)
Geographic coordinates 62 00 N, 7 00 W 13 10 N, 59 32 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 easternmost Caribbean island
Highways total: 463 km


paved: 454 km


unpaved: 9 km (1999)
total: 1,793 km


paved: 1,719 km


unpaved: 74 km (1999)
Household income or consumption by percentage share lowest 10%: NA%


highest 10%: NA%
lowest 10%: NA


highest 10%: NA
Illicit drugs - one of many Caribbean transshipment points for narcotics bound for Europe and the US; offshore financial center
Imports NA NA (2001)
Imports - commodities machinery and transport equipment 29%, consumer goods 36%, raw materials and semi-manufactures 32%, fuels, fish and salt (1999) consumer goods, machinery, foodstuffs, construction materials, chemicals, fuel, electrical components
Imports - partners Denmark 52.8%, Norway 18.3%, Iceland 4.4%, Sweden 4.2% (2004) US 37.7%, Trinidad and Tobago 19.6%, UK 6.2%, Japan 4.4% (2003)
Independence none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark) 30 November 1966 (from UK)
Industrial production growth rate 8% (1999 est.) -3.2% (2000 est.)
Industries fishing, fish processing, small ship repair and refurbishment, handicrafts tourism, sugar, light manufacturing, component assembly for export
Infant mortality rate total: 6.24 deaths/1,000 live births


male: 7.54 deaths/1,000 live births


female: 4.93 deaths/1,000 live births (2005 est.)
total: 12.61 deaths/1,000 live births


male: 14.26 deaths/1,000 live births


female: 10.94 deaths/1,000 live births (2004 est.)
Inflation rate (consumer prices) 5.1% (1999) -0.5% (2003 est.)
International organization participation IMO (associate), NC, NIB, UPU ACP, C, Caricom, CDB, FAO, G-77, IADB, IBRD, ICAO, ICCt, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, ISO, ITU, LAES, MIGA, NAM, OAS, OPANAL, UN, UNCTAD, UNESCO, UNIDO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO
Irrigated land 0 sq km (1998 est.) 10 sq km (1998 est.)
Judicial branch none Supreme Court of Judicature (judges are appointed by the Service Commissions for the Judicial and Legal Services)
Labor force 24,250 (October 2000) 128,500 (2001 est.)
Labor force - by occupation fishing, fish processing, and manufacturing 33%, construction and private services 33%, public services 34% agriculture 10%, industry 15%, services 75% (1996 est.)
Land boundaries 0 km 0 km
Land use arable land: 2.14%


permanent crops: 0%


other: 97.86% (2001)
arable land: 37.21%


permanent crops: 2.33%


other: 60.46% (2001)
Languages Faroese (derived from Old Norse), Danish English
Legal system Danish English common law; no judicial review of legislative 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 8 February 2005 (next to be held February 2009); results - percent of vote by party - NA; seats by party - Republican Party 1, People's Party 1
bicameral Parliament consists of the Senate (21-member body appointed by the governor general) and the House of Assembly (30 seats; members are elected by direct popular vote to serve five-year terms)


elections: House of Assembly - last held 21 May 2003 (next to be held by May 2008)


election results: House of Assembly - percent of vote by party - NA; seats by party - BLP 23, DLP 7
Life expectancy at birth total population: 79.21 years


male: 75.77 years


female: 82.67 years (2005 est.)
total population: 71.64 years


male: 69.51 years


female: 73.81 years (2004 est.)
Literacy definition: NA


total population: NA%


male: NA%


female: NA%


note: probably the same as Denmark proper
definition: age 15 and over has ever attended school


total population: 97.4%


male: 98%


female: 96.8% (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 Caribbean, island in the North Atlantic Ocean, northeast of Venezuela
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: 12 nm


exclusive economic zone: 200 nm
Merchant marine total: 14 ships (1,000 GRT or over) 24,051 GRT/11,998 DWT


by type: cargo 6, container 1, passenger/cargo 5, petroleum tanker 2


foreign-owned: 8 (Denmark 2, Germany 1, Iceland 2, Norway 2, United Kingdom 1) (2005)
total: 42 ships (1,000 GRT or over) 427,465 GRT/668,195 DWT


by type: bulk 11, cargo 20, chemical tanker 1, combination bulk 3, petroleum tanker 6, roll on/roll off 1


foreign-owned: Australia 1, Bahamas 1, Bangladesh 1, Canada 5, Greece 7, Hong Kong 7, Italy 2, Lebanon 1, Norway 9, United Kingdom 10


registered in other countries: 3 (2004 est.)
Military - note defense is the responsibility of Denmark -
Military branches no regular military forces Royal Barbados Defense Force (Troops Command and Coast Guard)
Military expenditures - dollar figure $NA NA
Military expenditures - percent of GDP NA NA
Military manpower - availability - males age 15-49: 77,714 (2004 est.)
Military manpower - fit for military service - males age 15-49: 53,127 (2004 est.)
National holiday Olaifest (Olavasoka), 29 July Independence Day, 30 November (1966)
Nationality noun: Faroese (singular and plural)


adjective: Faroese
noun: Barbadian(s) or Bajan (colloquial)


adjective: Barbadian or Bajan (colloquial)
Natural hazards NA infrequent hurricanes; periodic landslides
Natural resources fish, whales, hydropower, possible oil and gas petroleum, fish, natural gas
Net migration rate 0.94 migrant(s)/1,000 population (2005 est.) -0.31 migrant(s)/1,000 population (2004 est.)
Political parties and leaders Center Party [Jenis A. RANA]; Independence Party [Kari P. HOJGAARD]; People's Party [Anfinn KALLSBERG]; Republican Party [Hogni HOYDAL]; Social Democratic Party [Joannes EIDESGAARD]; Union Party [Kaj Oeo JOHANNESEN] Barbados Labor Party or BLP [Owen ARTHUR]; Democratic Labor Party or DLP [Clyde Mascoll]
Political pressure groups and leaders NA Barbados Workers Union [Leroy TROTMAN]; Clement Payne Labor Union [David COMMISSIONG]; People's Progressive Movement [Eric SEALY]; Worker's Party of Barbados [Dr. George BELLE]
Population 46,962 (July 2005 est.) 278,289 (July 2004 est.)
Population below poverty line NA% NA
Population growth rate 0.62% (2005 est.) 0.36% (2004 est.)
Ports and harbors Torshavn Bridgetown, Speightstown (Port Charles Marina)
Radio broadcast stations AM 1, FM 13, shortwave 0 (1998) AM 2, FM 3, shortwave 0 (1998)
Religions Evangelical Lutheran Protestant 67% (Anglican 40%, Pentecostal 8%, Methodist 7%, other 12%), Roman Catholic 4%, none 17%, other 12%
Sex ratio at birth: 1 male(s)/female


under 15 years: 1 male(s)/female


15-64 years: 1.12 male(s)/female


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


total population: 1.05 male(s)/female (2005 est.)
at birth: 1.01 male(s)/female


under 15 years: 1.01 male(s)/female


15-64 years: 0.96 male(s)/female


65 years and over: 0.62 male(s)/female


total population: 0.93 male(s)/female (2004 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: island-wide automatic telephone system


international: country code - 1-246; satellite earth stations - 4 Intelsat (Atlantic Ocean); tropospheric scatter to Trinidad and Saint Lucia
Telephones - main lines in use 23,000 (2002) 134,000 (2003)
Telephones - mobile cellular 30,700 (2002) 140,000 (2003)
Television broadcast stations 3 (plus 43 low-power repeaters) (September 1995) 1 (plus two cable channels) (1997)
Terrain rugged, rocky, some low peaks; cliffs along most of coast relatively flat; rises gently to central highland region
Total fertility rate 2.2 children born/woman (2005 est.) 1.65 children born/woman (2004 est.)
Unemployment rate 1% (October 2000) 10.7% (2003 est.)
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