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Compare Faroe Islands (2005) - Finland (2004)

Compare Faroe Islands (2005) z Finland (2004)

 Faroe Islands (2005)Finland (2004)
 Faroe IslandsFinland
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 6 provinces (laanit, singular - laani); Aland, Etela-Suomen Laani, Ita-Suomen Laani, Lansi-Suomen Laani, Lappi, Oulun Laani
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: 17.5% (male 466,036; female 448,339)


15-64 years: 66.7% (male 1,760,472; female 1,719,917)


65 years and over: 15.7% (male 323,082; female 496,666) (2004 est.)
Agriculture - products milk, potatoes, vegetables; sheep; salmon, other fish barley, wheat, sugar beets, potatoes; dairy cattle; fish
Airports 1 (2004 est.) 148 (2003 est.)
Airports - with paved runways total: 1


914 to 1,523 m: 1 (2004 est.)
total: 75


over 3,047 m: 2


2,438 to 3,047 m: 27


1,524 to 2,437 m: 10


914 to 1,523 m: 23


under 914 m: 13 (2004 est.)
Airports - with unpaved runways - total: 73


914 to 1,523 m: 4


under 914 m: 69 (2004 est.)
Area total: 1,399 sq km


land: 1,399 sq km


water: 0 sq km (some lakes and streams)
total: 338,145 sq km


land: 304,473 sq km


water: 33,672 sq km
Area - comparative eight times the size of Washington, DC slightly smaller than Montana
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. Finland was a province and then a grand duchy under Sweden from the 12th to the 19th centuries and an autonomous grand duchy of Russia after 1809. It won its complete independence in 1917. During World War II, it was able to successfully defend its freedom and resist invasions by the Soviet Union - albeit with some loss of territory. In the subsequent half century, the Finns made a remarkable transformation from a farm/forest economy to a diversified modern industrial economy; per capita income is now on par with Western Europe. As a member of the European Union, Finland was the only Nordic state to join the euro system at its initiation in January 1999.
Birth rate 13.97 births/1,000 population (2005 est.) 10.56 births/1,000 population (2004 est.)
Budget revenues: $488 million


expenditures: $484 million, including capital expenditures of $21 million (1999)
revenues: $87.03 billion


expenditures: $81.62 billion, including capital expenditures of NA (2003 est.)
Capital Torshavn Helsinki
Climate mild winters, cool summers; usually overcast; foggy, windy cold temperate; potentially subarctic but comparatively mild because of moderating influence of the North Atlantic Current, Baltic Sea, and more than 60,000 lakes
Coastline 1,117 km 1,250 km
Constitution 5 June 1953 (Danish constitution) 1 March 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 Finland


conventional short form: Finland


local long form: Suomen Tasavalta


local short form: Suomi
Currency - euro (EUR)


note: on 1 January 1999, the European Monetary Union introduced the euro as a common currency to be used by financial institutions of member countries; on 1 January 2002, the euro became the sole currency for everyday transactions within the member countries
Death rate 8.69 deaths/1,000 population (2005 est.) 9.69 deaths/1,000 population (2004 est.)
Debt - external $64 million (1999) $30 billion (December 1993)
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 Earle I. MACK


embassy: Itainen Puistotie 14B, FIN-00140, Helsinki


mailing address: APO AE 09723


telephone: [358] (9) 616250


FAX: [358] (9) 6162 5800
Diplomatic representation in the US none (self-governing overseas administrative division of Denmark) chief of mission: Ambassador Jukka Robert VALTASAARI


chancery: 3301 Massachusetts Avenue NW, Washington, DC 20008


telephone: [1] (202) 298-5800


FAX: [1] (202) 298-6030


consulate(s) general: Los Angeles and New York
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 none
Economic aid - donor - ODA, $379 million (2001)
Economic aid - recipient $135 million (annual subsidy from Denmark) (1998) -
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. Finland has a highly industrialized, largely free-market economy, with per capita output roughly that of the UK, France, Germany, and Italy. Its key economic sector is manufacturing - principally the wood, metals, engineering, telecommunications, and electronics industries. Trade is important, with exports equaling one-third of GDP. Except for timber and several minerals, Finland depends on imports of raw materials, energy, and some components for manufactured goods. Because of the climate, agricultural development is limited to maintaining self-sufficiency in basic products. Forestry, an important export earner, provides a secondary occupation for the rural population. Rapidly increasing integration with Western Europe - Finland was one of the 12 countries joining the European Economic and Monetary Union (EMU) - will dominate the economic picture over the next several years. Growth in 2003 was held back by the global slowdown but will pick up in 2004 provided the world economy suffers no further blows.
Electricity - consumption 204.6 million kWh (2002) 76.18 billion kWh (2001)
Electricity - exports 0 kWh (2002) 1.81 billion kWh (2001)
Electricity - imports 0 kWh (2002) 11.77 billion kWh (2001)
Electricity - production 220 million kWh (2002) 71.2 billion kWh (2001)
Elevation extremes lowest point: Atlantic Ocean 0 m


highest point: Slaettaratindur 882 m
lowest point: Baltic Sea 0 m


highest point: Halti 1,328 m
Environment - current issues NA air pollution from manufacturing and power plants contributing to acid rain; water pollution from industrial wastes, agricultural chemicals; habitat loss threatens wildlife populations
Environment - international agreements - party to: Air Pollution, Air Pollution-Nitrogen Oxides, Air Pollution-Sulfur 85, Air Pollution-Sulfur 94, Air Pollution-Volatile Organic Compounds, Antarctic-Environmental Protocol, Antarctic-Marine Living Resources, Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Marine Life Conservation, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling


signed, but not ratified: Air Pollution-Persistent Organic Pollutants
Ethnic groups Scandinavian Finn 93.4%, Swede 5.7%, Russian 0.4%, Estonian 0.2%, Roma 0.2%, Sami 0.1%
Exchange rates Danish kroner per US dollar - 5.9911 (2004), 6.5877 (2003), 7.8947 (2002), 8.3228 (2001), 8.0831 (2000) euros per US dollar - 0.886 (2003), 1.0626 (2002), 1.1175 (2001), 1.0854 (2000), 0.9386 (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: President Tarja HALONEN (since 1 March 2000)


head of government: Prime Minister Matti VANHANEN (since 24 June 2003) and Deputy Prime Minister Antti KALLIOMAKI (since 17 April 2003); note - former Prime Minister Anneli JAATTEENMAKI resigned


cabinet: Council of State or Valtioneuvosto appointed by the president, responsible to Parliament


elections: president elected by popular vote for a six-year term; election last held 16 January 2000 and 6 February 2000 (next to be held February 2006); the president appoints the prime minister and deputy prime minister from the majority party or the majority coalition after Parliamentary elections and the Parliament must approve the appointment


election results: Tarja HALONEN elected president; percent of vote - Tarja HALONEN (SDP) 51.6%, Esko AHO (Kesk) 48.4%


note: government coalition - KESK, SDP, and SFP
Exports NA 101,000 bbl/day (2001)
Exports - commodities fish and fish products 94%, stamps, ships (1999) machinery and equipment, chemicals, metals; timber, paper, pulp (1999)
Exports - partners Denmark 33.5%, UK 29.7%, Norway 8.4%, Nigeria 7.2% (2004) Germany 11.8%, Sweden 9.9%, US 8.2%, UK 8%, Russia 7.5%, Netherlands 4.8% (2003)
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) white with a blue cross extending 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 - $142.2 billion (2003 est.)
GDP - composition by sector agriculture: 27%


industry: 11%


services: 62% (1999)
agriculture: 4.3%


industry: 32.7%


services: 62.9% (2003 est.)
GDP - per capita purchasing power parity - $22,000 (2001 est.) purchasing power parity - $27,400 (2003 est.)
GDP - real growth rate 10% (2001 est.) 1.9% (2003 est.)
Geographic coordinates 62 00 N, 7 00 W 64 00 N, 26 00 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 long boundary with Russia; Helsinki is northernmost national capital on European continent; population concentrated on small southwestern coastal plain
Highways total: 463 km


paved: 454 km


unpaved: 9 km (1999)
total: 78,137 km


paved: 50,398 km (including 750 km of expressways)


unpaved: 27,739 km (2003)
Household income or consumption by percentage share lowest 10%: NA%


highest 10%: NA%
lowest 10%: 4.2%


highest 10%: 21.6% (1991)
Imports NA 318,300 bbl/day (2001)
Imports - commodities machinery and transport equipment 29%, consumer goods 36%, raw materials and semi-manufactures 32%, fuels, fish and salt (1999) foodstuffs, petroleum and petroleum products, chemicals, transport equipment, iron and steel, machinery, textile yarn and fabrics, grains (1999)
Imports - partners Denmark 52.8%, Norway 18.3%, Iceland 4.4%, Sweden 4.2% (2004) Germany 16.2%, Sweden 14.1%, Russia 11.7%, Netherlands 6.3%, Denmark 5.7%, UK 5.3%, France 4.3% (2003)
Independence none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark) 6 December 1917 (from Russia)
Industrial production growth rate 8% (1999 est.) 0.8% (2003 est.)
Industries fishing, fish processing, small ship repair and refurbishment, handicrafts metal products, electronics, shipbuilding, pulp and paper, copper refining, foodstuffs, chemicals, textiles, clothing
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: 3.59 deaths/1,000 live births


male: 3.91 deaths/1,000 live births


female: 3.26 deaths/1,000 live births (2004 est.)
Inflation rate (consumer prices) 5.1% (1999) 0.9% (2003 est.)
International organization participation IMO (associate), NC, NIB, UPU AfDB, AsDB, Australia Group, BIS, CBSS, CE, CERN, EAPC, EBRD, EIB, EMU, ESA, EU, FAO, G- 9, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICFTU, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, ISO, ITU, MIGA, NAM (guest), NC, NEA, NIB, NSG, OAS (observer), OECD, OPCW, OSCE, Paris Club, PCA, PFP, UN, UNCTAD, UNESCO, UNFICYP, UNHCR, UNIDO, UNMEE, UNMIK, UNMIL, UNMOGIP, UNTSO, UPU, WCO, WEU (observer), WFTU, WHO, WIPO, WMO, WTO, ZC
Irrigated land 0 sq km (1998 est.) 640 sq km (1998 est.)
Judicial branch none Supreme Court or Korkein Oikeus (judges appointed by the president)
Labor force 24,250 (October 2000) 2.599 million (2003 est.)
Labor force - by occupation fishing, fish processing, and manufacturing 33%, construction and private services 33%, public services 34% agriculture and forestry 8%, industry 22%, construction 6%, commerce 14%, finance, insurance, and business services 10%, transport and communications 8%, public services 32%
Land boundaries 0 km total: 2,690 km


border countries: Norway 736 km, Sweden 614 km, Russia 1,340 km
Land use arable land: 2.14%


permanent crops: 0%


other: 97.86% (2001)
arable land: 7.19%


permanent crops: 0.03%


other: 92.78% (2001)
Languages Faroese (derived from Old Norse), Danish Finnish 93.4% (official), Swedish 5.9% (official), small Sami- and Russian-speaking minorities
Legal system Danish civil law system based on Swedish law; the president may request the Supreme Court to review laws; accepts compulsory ICJ jurisdiction, with reservations
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 Parliament or Eduskunta (200 seats; members are elected by popular vote on a proportional basis to serve four-year terms)


elections: last held 16 March 2003 (next to be held NA March 2007)


election results: percent of vote by party - Kesk 24.7%, SDP 24.5%, Kok 18.5%, VAS 9.9%, VIHR 8%, KD 5.3%, SFP 4.6%; seats by party - Kesk 55, SDP 53, Kok 40, VAS 19, VIHR 14, KD 7, SFP 8, others 4
Life expectancy at birth total population: 79.21 years


male: 75.77 years


female: 82.67 years (2005 est.)
total population: 78.24 years


male: 74.73 years


female: 81.89 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 can read and write


total population: 100% (2000 est.)


male: NA


female: NA
Location Northern Europe, island group between the Norwegian Sea and the North Atlantic Ocean, about one-half of the way from Iceland to Norway Northern Europe, bordering the Baltic Sea, Gulf of Bothnia, and Gulf of Finland, between Sweden and Russia
Map references Europe Europe
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 (in the Gulf of Finland - 3 nm)


continental shelf: 200-m depth or to the depth of exploitation


exclusive fishing zone: 12 nm; extends to continental shelf boundary with Sweden
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: 90 ships (1,000 GRT or over) 1,152,175 GRT/1,053,906 DWT


by type: bulk 9, cargo 26, chemical tanker 5, container 1, passenger 2, petroleum tanker 9, roll on/roll off 28, short-sea/passenger 10


foreign-owned: Estonia 1


registered in other countries: 39 (2004 est.)
Military - note defense is the responsibility of Denmark -
Military branches no regular military forces Army, Navy, Air Force
Military expenditures - dollar figure $NA $1.8 billion (FY98/99)
Military expenditures - percent of GDP NA 2% (FY98/99)
Military manpower - availability - males age 15-49: 1,226,890 (2004 est.)
Military manpower - fit for military service - males age 15-49: 1,013,961 (2004 est.)
Military manpower - reaching military age annually - males: 32,058 (2004 est.)
National holiday Olaifest (Olavasoka), 29 July Independence Day, 6 December (1917)
Nationality noun: Faroese (singular and plural)


adjective: Faroese
noun: Finn(s)


adjective: Finnish
Natural hazards NA NA
Natural resources fish, whales, hydropower, possible oil and gas timber, iron ore, copper, lead, zinc, chromite, nickel, gold, silver, limestone
Net migration rate 0.94 migrant(s)/1,000 population (2005 est.) 0.95 migrant(s)/1,000 population (2004 est.)
Pipelines - gas 694 km (2004)
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 or Kesk [Matti VANHANEN]; Christian Democrats or KD [Paivi RASANEN]; Green League or VIHR [Osmo SOININVAARA]; Left Alliance or VAS composed of People's Democratic League and Democratic Alternative [Suvi-Anne SIIMES]; National Coalition (conservative) Party or Kok [Jyrki KATAINEN]; Social Democratic Party or SDP [Paavo LIPPONEN]; Swedish People's Party or SFP [Jan-Erik ENESTAM]
Political pressure groups and leaders NA -
Population 46,962 (July 2005 est.) 5,214,512 (July 2004 est.)
Population below poverty line NA% NA
Population growth rate 0.62% (2005 est.) 0.18% (2004 est.)
Ports and harbors Torshavn Hamina, Helsinki, Kokkola, Kotka, Loviisa, Oulu, Pori, Rauma, Turku, Uusikaupunki, Varkaus
Radio broadcast stations AM 1, FM 13, shortwave 0 (1998) AM 2, FM 186, shortwave 1 (1998)
Railways - total: 5,851 km


broad gauge: 5,851 km 1.524-m gauge (2,400 km electrified) (2003)
Religions Evangelical Lutheran Evangelical Lutheran 89%, Russian Orthodox 1%, none 9%, other 1%
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: 1.04 male(s)/female


under 15 years: 1.04 male(s)/female


15-64 years: 1.02 male(s)/female


65 years and over: 0.65 male(s)/female


total population: 0.96 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: modern system with excellent service


domestic: digital fiber-optic fixed-line network and an extensive cellular network provide domestic needs


international: country code - 358; 1 submarine cable (Finland Estonia Connection); satellite earth stations - access to Intelsat transmission service via a Swedish satellite earth station, 1 Inmarsat (Atlantic and Indian Ocean regions); note - Finland shares the Inmarsat earth station with the other Nordic countries (Denmark, Iceland, Norway, and Sweden)
Telephones - main lines in use 23,000 (2002) 2.548 million (2003)
Telephones - mobile cellular 30,700 (2002) 4.7 million (2003)
Television broadcast stations 3 (plus 43 low-power repeaters) (September 1995) 120 (plus 431 repeaters) (1999)
Terrain rugged, rocky, some low peaks; cliffs along most of coast mostly low, flat to rolling plains interspersed with lakes and low hills
Total fertility rate 2.2 children born/woman (2005 est.) 1.73 children born/woman (2004 est.)
Unemployment rate 1% (October 2000) 9% (2003 est.)
Waterways - 7,842 km


note: includes Saimaa Canal system of 3,577 km; southern part leased from Russia (2004)
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