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Compare Faroe Islands (2005) - Hong Kong (2008)

Compare Faroe Islands (2005) z Hong Kong (2008)

 Faroe Islands (2005)Hong Kong (2008)
 Faroe IslandsHong Kong
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 none (special administrative region of China)
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: 13% (male 476,089/female 434,326)


15-64 years: 74% (male 2,515,518/female 2,652,660)


65 years and over: 12.9% (male 419,479/female 482,340) (2007 est.)
Agriculture - products milk, potatoes, vegetables; sheep; salmon, other fish fresh vegetables; poultry, pork; fish
Airports 1 (2004 est.) 2 (2007)
Airports - with paved runways total: 1


914 to 1,523 m: 1 (2004 est.)
total: 2


over 3,047 m: 1


1,524 to 2,437 m: 1 (2007)
Area total: 1,399 sq km


land: 1,399 sq km


water: 0 sq km (some lakes and streams)
total: 1,092 sq km


land: 1,042 sq km


water: 50 sq km
Area - comparative eight times the size of Washington, DC six 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. Occupied by the UK in 1841, Hong Kong was formally ceded by China the following year; various adjacent lands were added later in the 19th century. Pursuant to an agreement signed by China and the UK on 19 December 1984, Hong Kong became the Hong Kong Special Administrative Region (SAR) of China on 1 July 1997. In this agreement, China has promised that, under its "one country, two systems" formula, China's socialist economic system will not be imposed on Hong Kong and that Hong Kong will enjoy a high degree of autonomy in all matters except foreign and defense affairs for the next 50 years.
Birth rate 13.97 births/1,000 population (2005 est.) 7.34 births/1,000 population (2007 est.)
Budget revenues: $488 million


expenditures: $484 million, including capital expenditures of $21 million (1999)
revenues: $36.9 billion


expenditures: $29.4 billion (FY07-08 est.)
Capital Torshavn -
Climate mild winters, cool summers; usually overcast; foggy, windy subtropical monsoon; cool and humid in winter, hot and rainy from spring through summer, warm and sunny in fall
Coastline 1,117 km 733 km
Constitution 5 June 1953 (Danish constitution) Basic Law, approved in March 1990 by China's National People's Congress, is Hong Kong's "mini-constitution"
Country name conventional long form: none


conventional short form: Faroe Islands


local long form: none


local short form: Foroyar
conventional long form: Hong Kong Special Administrative Region


conventional short form: Hong Kong


local long form: Xianggang Tebie Xingzhengqu


local short form: Xianggang


abbreviation: HK
Death rate 8.69 deaths/1,000 population (2005 est.) 6.45 deaths/1,000 population (2007 est.)
Debt - external $64 million (1999) $588 billion (2007 est.)
Dependency status part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark since 1948 special administrative region of China
Diplomatic representation from the US none (self-governing overseas administrative division of Denmark) chief of mission: Consul General James B. CUNNINGHAM


consulate(s) general: 26 Garden Road, Hong Kong


mailing address: PSC 461, Box 1, FPO AP 96521-0006


telephone: [852] 2523-9011


FAX: [852] 2845-1598
Diplomatic representation in the US none (self-governing overseas administrative division of Denmark) none (special administrative region of China); Hong Kong Economic and Trade Office in Washington and two other cities carries out normal liaison and communication with the US Government and other US entities
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 - recipient $135 million (annual subsidy from Denmark) (1998) $6.95 million (2004)
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. Hong Kong has a free market economy highly dependent on international trade. In 2006, the total value of goods and services trade, including the sizable share of reexports, was equivalent to 400% of GDP. The territory has become increasingly integrated with mainland China over the past few years through trade, tourism, and financial links. The mainland has long been Hong Kong's largest trading partner, accounting for 46% of Hong Kong's total trade by value in 2006. As a result of China's easing of travel restrictions, the number of mainland tourists to the territory has surged from 4.5 million in 2001 to 13.6 million in 2006, when they outnumbered visitors from all other countries combined. Hong Kong has also established itself as the premier stock market for Chinese firms seeking to list abroad. Bolstered by several successful initial public offerings in 2007, mainland companies by September 2007 accounted for one-third of the firms listed on the Hong Kong Stock Exchange, and over half of the Exchange's market capitalization. Hong Kong's service industry over the past decade has grown rapidly as its manufacturing industry has moved to the mainland and now accounts for 91% of the territory's GDP. Hong Kong's natural resources are limited, and food and raw materials must be imported. GDP growth averaged a strong 5% from 1989 to 2007, despite the economy suffering two recessions during the Asian financial crisis in 1997-98 and the global downturn in 2001-02. Hong Kong continues to link its currency closely to the US dollar, maintaining an arrangement established in 1983.
Electricity - consumption 204.6 million kWh (2002) 40.3 billion kWh (2006)
Electricity - exports 0 kWh (2002) 4.5 billion kWh (2006)
Electricity - imports 0 kWh (2002) 10.9 billion kWh (2006)
Electricity - production 220 million kWh (2002) 38.6 billion kWh (2006)
Elevation extremes lowest point: Atlantic Ocean 0 m


highest point: Slaettaratindur 882 m
lowest point: South China Sea 0 m


highest point: Tai Mo Shan 958 m
Environment - current issues NA air and water pollution from rapid urbanization
Environment - international agreements - party to: Marine Dumping (associate member), Ship Pollution (associate member)
Ethnic groups Scandinavian Chinese 94.9%, Filipino 2.1%, other 3% (2001 census)
Exchange rates Danish kroner per US dollar - 5.9911 (2004), 6.5877 (2003), 7.8947 (2002), 8.3228 (2001), 8.0831 (2000) Hong Kong dollars per US dollar - 7.802 (2007), 7.7678 (2006), 7.7773 (2005), 7.788 (2004), 7.7868 (2003)
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 of China HU Jintao (since 15 March 2003)


head of government: Chief Executive Donald TSANG (since 24 June 2005)


cabinet: Executive Council consists of 15 official members and 16 non-official members


elections: chief executive elected for five-year term by 800-member electoral committee; last held on 25 March 2007 (next to be held in 2012)


election results: Donald TSANG elected chief executive receiving 84.1% of the vote of the election committee; Alan LEONG received 15.9%
Exports NA 22,420 bbl/day (2006)
Exports - commodities fish and fish products 94%, stamps, ships (1999) electrical machinery and appliances, textiles, apparel, footwear, watches and clocks, toys, plastics, precious stones, printed material
Exports - partners Denmark 33.5%, UK 29.7%, Norway 8.4%, Nigeria 7.2% (2004) China 47%, US 15.1%, Japan 4.9% (2006)
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) red with a stylized, white, five-petal bauhinia flower in the center
GDP - composition by sector agriculture: 27%


industry: 11%


services: 62% (1999)
agriculture: 0.1%


industry: 8.1%


services: 91.8% (2007 est.)
GDP - per capita purchasing power parity - $22,000 (2001 est.) -
GDP - real growth rate 10% (2001 est.) 5.8% (2007 est.)
Geographic coordinates 62 00 N, 7 00 W 22 15 N, 114 10 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 more than 200 islands
Heliports - 5 (2007)
Highways 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%
Illicit drugs - despite strenuous law enforcement efforts, faces difficult challenges in controlling transit of heroin and methamphetamine to regional and world markets; modern banking system provides conduit for money laundering; rising indigenous use of synthetic drugs, especially among young people
Imports NA 314,700 bbl/day (2006)
Imports - commodities machinery and transport equipment 29%, consumer goods 36%, raw materials and semi-manufactures 32%, fuels, fish and salt (1999) raw materials and semi-manufactures, consumer goods, capital goods, foodstuffs, fuel (most is re-exported)
Imports - partners Denmark 52.8%, Norway 18.3%, Iceland 4.4%, Sweden 4.2% (2004) China 45.9%, Japan 10.3%, Taiwan 7.5%, Singapore 6.3%, US 4.8%, South Korea 4.6% (2006)
Independence none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark) none (special administrative region of China)
Industrial production growth rate 8% (1999 est.) -0.9% (2007 est.)
Industries fishing, fish processing, small ship repair and refurbishment, handicrafts textiles, clothing, tourism, banking, shipping, electronics, plastics, toys, watches, clocks
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: 2.94 deaths/1,000 live births


male: 3.12 deaths/1,000 live births


female: 2.74 deaths/1,000 live births (2007 est.)
Inflation rate (consumer prices) 5.1% (1999) 2% (2007 est.)
International organization participation IMO (associate), NC, NIB, UPU ADB, APEC, BIS, ICC, IHO, IMF, IMO (associate), IOC, ISO (correspondent), ITUC, UNWTO (associate), UPU, WCL, WCO, WMO, WTO
Irrigated land 0 sq km (1998 est.) 20 sq km (1998 est.)
Judicial branch none Court of Final Appeal in the Hong Kong Special Administrative Region
Labor force 24,250 (October 2000) 3.64 million (2007 est.)
Labor force - by occupation fishing, fish processing, and manufacturing 33%, construction and private services 33%, public services 34% manufacturing 6.5%, construction 2.1%, wholesale and retail trade, restaurants, and hotels 43.3%, financing, insurance, and real estate 20.7%, transport and communications 7.8%, community and social services 19.5%


note: above data exclude public sector (2007 est.)
Land boundaries 0 km total: 30 km


regional border: China 30 km
Land use arable land: 2.14%


permanent crops: 0%


other: 97.86% (2001)
arable land: 5.05%


permanent crops: 1.01%


other: 93.94% (2001)
Languages Faroese (derived from Old Norse), Danish Chinese (Cantonese) 89.2% (official), other Chinese dialects 6.4%, English 3.2% (official), other 1.2% (2001 census)
Legal system Danish based on English common law
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 Legislative Council or LEGCO (60 seats; in 2004, 30 seats indirectly elected by functional constituencies, 30 elected by popular vote; members serve four-year terms)


elections: last held 12 September 2004 (next to be held in September 2008)


election results: percent of vote by party - pro-democracy 63%, pro-Beijing 37%; seats by party - (pro-Beijing 34) DAB 12, Liberal Party 10, FTU 1, independents 11; (pro-democracy 25) Democratic Party 9, CTU 2, ADPL 1, Frontier Party 1, NWSC 1, independents 11; non-voting LEGCO president 1
Life expectancy at birth total population: 79.21 years


male: 75.77 years


female: 82.67 years (2005 est.)
total population: 81.68 years


male: 78.99 years


female: 84.6 years (2007 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: 93.5%


male: 96.9%


female: 89.6% (2002)
Location Northern Europe, island group between the Norwegian Sea and the North Atlantic Ocean, about one-half of the way from Iceland to Norway Eastern Asia, bordering the South China Sea and China
Map references Europe Southeast Asia
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: 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: 1,009 ships (1000 GRT or over) 34,556,075 GRT/57,423,309 DWT


by type: barge carrier 2, bulk carrier 499, cargo 135, chemical tanker 51, combination ore/oil 3, container 173, liquefied gas 24, passenger 6, passenger/cargo 5, petroleum tanker 91, roll on/roll off 4, specialized tanker 8, vehicle carrier 8


foreign-owned: 617 (Belgium 4, Canada 39, China 309, Denmark 12, France 1, Germany 10, Greece 30, Indonesia 7, Japan 78, South Korea 6, Lebanon 1, Norway 30, Pakistan 1, Philippines 10, Portugal 1, Singapore 11, Syria 1, Taiwan 11, UAE 1, UK 32, US 22)


registered in other countries: 275 (Bahamas 3, Belize 5, Bermuda 4, Cambodia 11, China 6, Cyprus 2, Honduras 1, India 1, Liberia 21, Malaysia 14, Malta 1, Marshall Islands 4, Mongolia 1, Norway 5, Panama 137, Philippines 2, Seychelles 1, Singapore 37, St Vincent and The Grenadines 7, Tuvalu 10, UK 2, unknown 7) (2007)
Military - note defense is the responsibility of Denmark defense is the responsibility of China
Military branches no regular military forces no regular indigenous military forces; Hong Kong garrison of China's People's Liberation Army (PLA) includes elements of Ground Forces, Navy, and Air Force; these forces are under the direct leadership of the Central Military Commission in Beijing and under administrative control of the adjacent Guangzhou Military Region
Military expenditures - dollar figure $NA -
Military expenditures - percent of GDP NA NA
National holiday Olaifest (Olavasoka), 29 July National Day (Anniversary of the Founding of the People's Republic of China), 1 October (1949); note - 1 July 1997 is celebrated as Hong Kong Special Administrative Region Establishment Day
Nationality noun: Faroese (singular and plural)


adjective: Faroese
noun: Chinese/Hong Konger


adjective: Chinese/Hong Kong
Natural hazards NA occasional typhoons
Natural resources fish, whales, hydropower, possible oil and gas outstanding deepwater harbor, feldspar
Net migration rate 0.94 migrant(s)/1,000 population (2005 est.) 4.72 migrant(s)/1,000 population (2007 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] Association for Democracy and People's Livelihood or ADPL [Frederick FUNG Kin-kee]; Citizens Party [Alex CHAN Kai-chung]; Civic Party [KUAN Hsin-chi]; Democratic Alliance for the Betterment and Progress of Hong Kong or DAB [TAM Yiu Cheng]; Democratic Party [Albert HO]; Frontier Party [Emily LAU Wai-hing]; League of Social Democrats [Raymond WONG]; Liberal Party [James TIEN Pei-chun]


note: political blocs include: pro-democracy - ADPL, Democratic Party, Frontier Party, League of Social Democrats; pro-Beijing - DAB, Liberal Party, The Alliance (a group of five generally pro-government and pro-business Legco members from functional constituencies); there is no political party ordinance, so there are no registered political parties; politically active groups register as societies or companies
Political pressure groups and leaders NA Chinese General Chamber of Commerce (pro-China); Chinese Manufacturers' Association of Hong Kong; Confederation of Trade Unions or CTU (pro-democracy) [LAU Chin-shek, president; LEE Cheuk-yan, general secretary]; Federation of Hong Kong Industries; Federation of Trade Unions or FTU (pro-China) [CHENG Yiu-tong, executive councilor]; Hong Kong Alliance in Support of the Patriotic Democratic Movement in China [Szeto WAH, chairman]; Hong Kong and Kowloon Trade Union Council (pro-Taiwan); Hong Kong General Chamber of Commerce; Hong Kong Professional Teachers' Union [CHEUNG Man-kwong, president]; Neighborhood and Workers' Service Center or NWSC (pro-democracy); The Alliance [Bernard CHARNWUT, exco member]
Population 46,962 (July 2005 est.) 6,980,412 (July 2007 est.)
Population below poverty line NA% NA%
Population growth rate 0.62% (2005 est.) 0.561% (2007 est.)
Ports and harbors Torshavn -
Radio broadcast stations AM 1, FM 13, shortwave 0 (1998) AM 5, FM 9, shortwave 0 (2004)
Religions Evangelical Lutheran eclectic mixture of local religions 90%, Christian 10%
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: 1.08 male(s)/female


under 15 years: 1.096 male(s)/female


15-64 years: 0.948 male(s)/female


65 years and over: 0.87 male(s)/female


total population: 0.956 male(s)/female (2007 est.)
Suffrage 18 years of age; universal direct election - 18 years of age for a number of non-executive positions; universal for permanent residents living in the territory of Hong Kong for the past seven years; indirect election - limited to about 220,000 members of functional constituencies and an 800-member election committee drawn from broad regional groupings, central government bodies, and municipal organizations
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 facilities provide excellent domestic and international services


domestic: microwave radio relay links and extensive fiber-optic network


international: country code - 852; multiple international submarine cables provide connections to Asia, US, Australia, the Middle East, and Western Europe; satellite earth stations - 3 Intelsat (1 Pacific Ocean and 2 Indian Ocean); coaxial cable to Guangzhou, China
Telephones - main lines in use 23,000 (2002) 3.87 million (2007)
Telephones - mobile cellular 30,700 (2002) 9.913 million (2007)
Television broadcast stations 3 (plus 43 low-power repeaters) (September 1995) 55 (2 TV networks, each broadcasting on 2 channels) (2007)
Terrain rugged, rocky, some low peaks; cliffs along most of coast hilly to mountainous with steep slopes; lowlands in north
Total fertility rate 2.2 children born/woman (2005 est.) 0.98 children born/woman (2007 est.)
Unemployment rate 1% (October 2000) 4.2% (2007 est.)
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