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Compare Faroe Islands (2005) - Faroe Islands (2001)
Compare Faroe Islands (2005) z Faroe Islands (2001)
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Show all fields
| Faroe Islands (2005) | Faroe Islands (2001) | |
 |  | |
| 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:
22.62% (male 5,193; female 5,136) 15-64 years: 63.64% (male 15,463; female 13,596) 65 years and over: 13.74% (male 2,802; female 3,471) (2001 est.) |
| Airports | 1 (2004 est.) | 1 (2000 est.) |
| Airports - with paved runways | total: 1
914 to 1,523 m: 1 (2004 est.) |
total:
1 914 to 1,523 m: 1 (2000 est.) |
| Area | total: 1,399 sq km
land: 1,399 sq km water: 0 sq km (some lakes and streams) |
total:
1,399 sq km land: 1,399 sq km water: 0 sq km (some lakes and streams) |
| Birth rate | 13.97 births/1,000 population (2005 est.) | 13.64 births/1,000 population (2001 est.) |
| Budget | revenues: $488 million
expenditures: $484 million, including capital expenditures of $21 million (1999) |
revenues:
$488 million expenditures: $484 million, including capital expenditures of $21 million (1999) |
| 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: Faroe Islands local long form: none local short form: Foroyar |
| Currency | - | Danish krone (DKK) |
| Death rate | 8.69 deaths/1,000 population (2005 est.) | 8.69 deaths/1,000 population (2001 est.) |
| 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 | Faroese are considering proposals for full independence |
| Economic aid - recipient | $135 million (annual subsidy from Denmark) (1998) | $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 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. | 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 required to ensure 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 less 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 | 204.6 million kWh (2002) | 158.1 million kWh (1999) |
| Electricity - exports | 0 kWh (2002) | 0 kWh (1999) |
| Electricity - imports | 0 kWh (2002) | 0 kWh (1999) |
| Electricity - production | 220 million kWh (2002) | 170 million kWh (1999) |
| Electricity - production by source | - | fossil fuel:
58.82% hydro: 41.18% nuclear: 0% other: 0% (1999) |
| Elevation extremes | lowest point: Atlantic Ocean 0 m
highest point: Slaettaratindur 882 m |
lowest point:
Atlantic Ocean 0 m highest point: Slaettaratindur 882 m |
| Exchange rates | Danish kroner per US dollar - 5.9911 (2004), 6.5877 (2003), 7.8947 (2002), 8.3228 (2001), 8.0831 (2000) | Danish kroner per US dollar - 7.951 (January 2001), 8.093 (2000), 6.976 (1999), 6.701 (1998), 6.604 (1997), 5.799 (1966) |
| 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 MARGRETHE II of Denmark (since 14 January 1972), represented by High Commissioner Ms. Vibeke LARSEN, chief administrative officer (since NA) 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 party that wins the most seats 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 | $471 million (f.o.b., 1999) |
| Exports - partners | Denmark 33.5%, UK 29.7%, Norway 8.4%, Nigeria 7.2% (2004) | Denmark 32%, UK 21%, France 9%, Germany 7%, Iceland 5%, US 5% (1996) |
| 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) | white with a red cross outlined in blue that extends to the edges of the flag; the vertical part of the cross is shifted to the hoist side in the style of the Dannebrog (Danish flag) |
| GDP | - | purchasing power parity - $910 million (2000 est.) |
| GDP - composition by sector | agriculture: 27%
industry: 11% services: 62% (1999) |
agriculture:
27% industry: 11% services: 62% (1999) |
| 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.) |
| Highways | total: 463 km
paved: 454 km unpaved: 9 km (1999) |
total:
463 km paved: 454 km unpaved: 9 km (1999) |
| Household income or consumption by percentage share | lowest 10%: NA%
highest 10%: NA% |
lowest 10%:
NA% highest 10%: NA% |
| Imports | NA | $469 million (c.i.f., 1999) |
| Imports - partners | Denmark 52.8%, Norway 18.3%, Iceland 4.4%, Sweden 4.2% (2004) | Denmark 28%, Norway 26%, Germany 7%, UK 6% Sweden 5%, Iceland 4%, US (1999) |
| Industries | fishing, fish processing, small ship repair and refurbishment, handicrafts | fishing, fish processing, shipbuilding, construction, handicrafts |
| 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.) |
6.8 deaths/1,000 live births (2001 est.) |
| International organization participation | IMO (associate), NC, NIB, UPU | NC, NIB |
| Internet Service Providers (ISPs) | - | 2 (2000) |
| Irrigated land | 0 sq km (1998 est.) | 0 sq km |
| Land use | arable land: 2.14%
permanent crops: 0% other: 97.86% (2001) |
arable land:
6% permanent crops: 0% permanent pastures: 0% forests and woodland: 0% other: 94% (1996) |
| 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 |
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 1998 (next to be held not later than April 2002) election results: percent of vote by party - Republican Party 23.8%, People's Party 21.3%, Social Democratic Party 21.9%, Union Party 18%, Home Rue Party 7.7%, Center Party 4.1%; seats by party - Republican Party 8, People's Party 8, Social Democratic Party 7, Union Party 6, Home Rule Party 2, Center Party 1 note: election of 2 seats to the Danish Parliament was last held on 11 March 1998 (next to be held not later than March 2002); results - percent of vote by party - NA; seats by party - Social Democratic Party 1, People's Party 1 |
| Life expectancy at birth | total population: 79.21 years
male: 75.77 years female: 82.67 years (2005 est.) |
total population:
78.59 years male: 75.12 years female: 82.06 years |
| Literacy | definition: NA
total population: NA% male: NA% female: NA% note: probably the same as Denmark proper |
definition:
NA total population: NA% male: NA% female: NA% note: similar to Denmark proper |
| 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:
200 NM or agreed boundaries or median line exclusive fishing zone: 200 NM or agreed boundaries or median line territorial sea: 3 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:
6 ships (1,000 GRT or over) totaling 23,247 GRT/11,736 DWT ships by type: cargo 2, petroleum tanker 1, refrigerated cargo 1, roll on/roll off 1, short-sea passenger 1 (2000 est.) |
| Military branches | no regular military forces | defense is the responsibility of Denmark; no organized native military forces; only a small Police Force and Coast Guard are maintained |
| Military expenditures - percent of GDP | NA | NA% |
| National holiday | Olaifest (Olavasoka), 29 July | Olaifest, 29 July |
| Nationality | noun: Faroese (singular and plural)
adjective: Faroese |
noun:
Faroese (singular and plural) adjective: Faroese |
| Natural resources | fish, whales, hydropower, possible oil and gas | fish, whales, hydropower |
| Net migration rate | 0.94 migrant(s)/1,000 population (2005 est.) | 2.89 migrant(s)/1,000 population (2001 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] | Center Party [Jenis A. RANA]; Home Rule Party [Helena Dam a NEYSTABO]; People's Party [Oli BRECKMANN]; Republican Party [Hogni HOYDAL]; Social Democratic Party [Joannes EIDESGAARD]; Union Party [Edmund JOENSEN] |
| Population | 46,962 (July 2005 est.) | 45,661 (July 2001 est.) |
| Population growth rate | 0.62% (2005 est.) | 0.78% (2001 est.) |
| Ports and harbors | Torshavn | Torshavn, Klaksvik, Tvoroyri, Runavik, Fuglafjorour |
| Radios | - | 26,000 (1997) |
| Railways | - | 0 km |
| 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 male(s)/female under 15 years: 1.01 male(s)/female 15-64 years: 1.14 male(s)/female 65 years and over: 0.81 male(s)/female total population: 1.06 male(s)/female (2001 est.) |
| 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:
good international communications; good domestic facilities domestic: digitalization was completed in 1998; both NMT (analog) and GSM (digital) mobile telephone systems are installed international: 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 |
| Telephones - main lines in use | 23,000 (2002) | 24,851 (1999) |
| Telephones - mobile cellular | 30,700 (2002) | 10,761 (1999) |
| Total fertility rate | 2.2 children born/woman (2005 est.) | 2.3 children born/woman (2001 est.) |
| Waterways | - | none |
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