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Compare Faroe Islands (2005) - Micronesia, Federated States of (2007)

Compare Faroe Islands (2005) z Micronesia, Federated States of (2007)

 Faroe Islands (2005)Micronesia, Federated States of (2007)
 Faroe IslandsMicronesia, Federated States of
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 4 states; Chuuk (Truk), Kosrae (Kosaie), Pohnpei (Ponape), Yap
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: 35.9% (male 19,726/female 19,011)


15-64 years: 61.2% (male 32,891/female 33,071)


65 years and over: 2.9% (male 1,379/female 1,784) (2007 est.)
Agriculture - products milk, potatoes, vegetables; sheep; salmon, other fish black pepper, tropical fruits and vegetables, coconuts, bananas, cassava (tapioca), sakau (kava), betel nuts, sweet potatoes; pigs, chickens; fish
Airports 1 (2004 est.) 6 (2007)
Airports - with paved runways total: 1


914 to 1,523 m: 1 (2004 est.)
total: 6


1,524 to 2,437 m: 4


914 to 1,523 m: 2 (2007)
Area total: 1,399 sq km


land: 1,399 sq km


water: 0 sq km (some lakes and streams)
total: 702 sq km


land: 702 sq km


water: 0 sq km (fresh water only)


note: includes Pohnpei (Ponape), Chuuk (Truk) Islands, Yap Islands, and Kosrae (Kosaie)
Area - comparative eight times the size of Washington, DC four times the size of Washington, DC (land area only)
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. In 1979 the Federated States of Micronesia, a UN Trust Territory under US administration, adopted a constitution. In 1986 independence was attained under a Compact of Free Association with the US, which was amended and renewed in 2004. Present concerns include large-scale unemployment, overfishing, and overdependence on US aid.
Birth rate 13.97 births/1,000 population (2005 est.) 24.14 births/1,000 population (2007 est.)
Budget revenues: $488 million


expenditures: $484 million, including capital expenditures of $21 million (1999)
revenues: $127.3 million ($69 million less grants)


expenditures: $144.2 million (FY05 est.)
Capital Torshavn name: Palikir


geographic coordinates: 6 55 N, 158 09 E


time difference: UTC+11 (16 hours ahead of Washington, DC during Standard Time)
Climate mild winters, cool summers; usually overcast; foggy, windy tropical; heavy year-round rainfall, especially in the eastern islands; located on southern edge of the typhoon belt with occasionally severe damage
Coastline 1,117 km 6,112 km
Constitution 5 June 1953 (Danish constitution) 10 May 1979
Country name conventional long form: none


conventional short form: Faroe Islands


local long form: none


local short form: Foroyar
conventional long form: Federated States of Micronesia


conventional short form: none


local long form: Federated States of Micronesia


local short form: none


former: Trust Territory of the Pacific Islands, Ponape, Truk, and Yap Districts


abbreviation: FSM
Death rate 8.69 deaths/1,000 population (2005 est.) 4.66 deaths/1,000 population (2007 est.)
Debt - external $64 million (1999) $60.8 million (FY05 est.)
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 Miriam K. HUGHES


embassy: 101 Upper Pics Road, Kolonia


mailing address: P. O. Box 1286, Kolonia, Pohnpei, 96941


telephone: [691] 320-2187


FAX: [691] 320-2186
Diplomatic representation in the US none (self-governing overseas administrative division of Denmark) chief of mission: Ambassador Jesse Bibiano MAREHALAU


chancery: 1725 N Street NW, Washington, DC 20036


telephone: [1] (202) 223-4383


FAX: [1] (202) 223-4391


consulate(s) general: Honolulu, Tamuning (Guam)
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) $106.4 million


note: under terms of the Compact of Free Association, the US pledged $1.3 billion in grant aid during the period 1986-2001; the level of aid has been subsequently reduced (2005)
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. Economic activity consists primarily of subsistence farming and fishing. The islands have few mineral deposits worth exploiting, except for high-grade phosphate. The potential for a tourist industry exists, but the remote location, a lack of adequate facilities, and limited air connections hinder development. The Amended Compact of Free Association with the US guarantees the Federated States of Micronesia (FSM) millions of dollars in annual aid through 2023, and establishes a Trust Fund into which the US and the FSM make annual contributions in order to provide annual payouts to the FSM in perpetuity after 2023. The country's medium-term economic outlook appears fragile due not only to the reduction in US assistance but also to the current slow growth of the private sector.
Electricity - consumption 204.6 million kWh (2002) 178.6 million kWh (2002)
Electricity - exports 0 kWh (2002) 0 kWh (2002)
Electricity - imports 0 kWh (2002) 0 kWh (2002)
Electricity - production 220 million kWh (2002) 192 million kWh (2002)
Elevation extremes lowest point: Atlantic Ocean 0 m


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


highest point: Dolohmwar (Totolom) 791 m
Environment - current issues NA overfishing, climate change, pollution
Environment - international agreements - party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Hazardous Wastes, Law of the Sea, Ozone Layer Protection


signed, but not ratified: none of the selected agreements
Ethnic groups Scandinavian Chuukese 48.8%, Pohnpeian 24.2%, Kosraean 6.2%, Yapese 5.2%, Yap outer islands 4.5%, Asian 1.8%, Polynesian 1.5%, other 6.4%, unknown 1.4% (2000 census)
Exchange rates Danish kroner per US dollar - 5.9911 (2004), 6.5877 (2003), 7.8947 (2002), 8.3228 (2001), 8.0831 (2000) 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 Emmanuel MORI (since 11 May 2007); Vice President Alik L. ALIK (11 May 2007) note - the president is both the chief of state and head of government


head of government: President Emmanuel MORI (since 11 May 2007); Vice President Alik L. ALIK (11 May 2007)


cabinet: Cabinet includes the vice president and the heads of the eight executive departments


elections: president and vice president elected by Congress from among the four senators at large for a four-year term (eligible for a second term); election last held 11 May 2007 (next to be held May 2011); note - a proposed constitutional amendment to establish popular elections for president and vice president failed


election results: Emmanuel MORI elected president; percent of Congress vote - NA; Alik L. ALIK elected vice president; percent of Congress vote - NA
Exports NA $14 million (f.o.b.) (2004 est.)
Exports - commodities fish and fish products 94%, stamps, ships (1999) fish, garments, bananas, black pepper, sakau (kava), betel nut
Exports - partners Denmark 33.5%, UK 29.7%, Norway 8.4%, Nigeria 7.2% (2004) Japan, US, Guam (2006)
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 four white five-pointed stars centered; the stars are arranged in a diamond pattern
GDP - composition by sector agriculture: 27%


industry: 11%


services: 62% (1999)
agriculture: 28.9%


industry: 15.2%


services: 55.9% (2004 est.)
GDP - per capita purchasing power parity - $22,000 (2001 est.) -
GDP - real growth rate 10% (2001 est.) 0.3% (2005 est.)
Geographic coordinates 62 00 N, 7 00 W 6 55 N, 158 15 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 four major island groups totaling 607 islands
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 - major consumer of cannabis
Imports NA $132.7 million f.o.b. (2004)
Imports - commodities machinery and transport equipment 29%, consumer goods 36%, raw materials and semi-manufactures 32%, fuels, fish and salt (1999) food, manufactured goods, machinery and equipment, beverages
Imports - partners Denmark 52.8%, Norway 18.3%, Iceland 4.4%, Sweden 4.2% (2004) US, Japan, Hong Kong (2006)
Independence none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark) 3 November 1986 (from the US-administered UN trusteeship)
Industrial production growth rate 8% (1999 est.) NA%
Industries fishing, fish processing, small ship repair and refurbishment, handicrafts tourism, construction; fish processing, specialized aquaculture; craft items from shell, wood, and pearls
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: 28.15 deaths/1,000 live births


male: 31.08 deaths/1,000 live births


female: 25.08 deaths/1,000 live births (2007 est.)
Inflation rate (consumer prices) 5.1% (1999) 2.2% (2005)
International organization participation IMO (associate), NC, NIB, UPU ACP, AsDB, FAO, G-77, IBRD, ICAO, ICRM, IDA, IFC, IFRCS, IMF, IOC, ITSO, ITU, MIGA, OPCW, PIF, Sparteca, SPC, UN, UNCTAD, UNESCO, WHO, WMO
Irrigated land 0 sq km (1998 est.) NA
Judicial branch none Supreme Court
Labor force 24,250 (October 2000) 37,410 (2000)
Labor force - by occupation fishing, fish processing, and manufacturing 33%, construction and private services 33%, public services 34% agriculture 0.9%, industry 0.9%, services 64.7%


note: two-thirds are government employees (FY05 est.)
Land boundaries 0 km 0 km
Land use arable land: 2.14%


permanent crops: 0%


other: 97.86% (2001)
arable land: 5.71%


permanent crops: 45.71%


other: 48.58% (2005)
Languages Faroese (derived from Old Norse), Danish English (official and common language), Trukese, Pohnpeian, Yapese, Kosrean, Ulithian, Woleaian, Nukuoro, Kapingamarangi
Legal system Danish based on adapted 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 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 Congress (14 seats; 4 - one elected from each state to serve four-year terms and 10 - elected from single-member districts delineated by population to serve two-year terms; members elected by popular vote)


elections: last held 6 March 2007 (next to be held in March 2009)


election results: percent of vote - NA%; seats - independents 14
Life expectancy at birth total population: 79.21 years


male: 75.77 years


female: 82.67 years (2005 est.)
total population: 70.35 years


male: 68.52 years


female: 72.28 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 can read and write


total population: 89%


male: 91%


female: 88% (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, island group in the North Pacific Ocean, about three-quarters of the way from Hawaii to Indonesia
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
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: 3 ships (1000 GRT or over) 3,560 GRT/2,060 DWT


by type: cargo 1, passenger/cargo 2 (2007)
Military - note defense is the responsibility of Denmark defense is the responsibility of the US
Military branches no regular military forces no regular military forces (2007)
Military expenditures - dollar figure $NA -
Military expenditures - percent of GDP NA -
National holiday Olaifest (Olavasoka), 29 July Constitution Day, 10 May (1979)
Nationality noun: Faroese (singular and plural)


adjective: Faroese
noun: Micronesian(s)


adjective: Micronesian; Chuukese, Kosraen(s), Pohnpeian(s), Yapese
Natural hazards NA typhoons (June to December)
Natural resources fish, whales, hydropower, possible oil and gas forests, marine products, deep-seabed minerals, phosphate
Net migration rate 0.94 migrant(s)/1,000 population (2005 est.) -21.02 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] no formal parties
Political pressure groups and leaders NA -
Population 46,962 (July 2005 est.) 107,862 (July 2007 est.)
Population below poverty line NA% 26.7% (2000)
Population growth rate 0.62% (2005 est.) -0.154% (2007 est.)
Ports and harbors Torshavn -
Radio broadcast stations AM 1, FM 13, shortwave 0 (1998) AM 5, FM 1, shortwave 0 (2004)
Religions Evangelical Lutheran Roman Catholic 50%, Protestant 47%, other 3%
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.)
NA (2007 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: adequate system


domestic: islands interconnected by shortwave radiotelephone (used mostly for government purposes), satellite (Intelsat) ground stations, and some coaxial and fiber-optic cable; cellular service available on Kosrae, Pohnpei, and Yap


international: country code - 691; satellite earth stations - 5 Intelsat (Pacific Ocean) (2002)
Telephones - main lines in use 23,000 (2002) 12,400 (2005)
Telephones - mobile cellular 30,700 (2002) 14,100 (2005)
Television broadcast stations 3 (plus 43 low-power repeaters) (September 1995) 3 (cable TV also available) (2004)
Terrain rugged, rocky, some low peaks; cliffs along most of coast islands vary geologically from high mountainous islands to low, coral atolls; volcanic outcroppings on Pohnpei, Kosrae, and Chuuk
Total fertility rate 2.2 children born/woman (2005 est.) 3.07 children born/woman (2007 est.)
Unemployment rate 1% (October 2000) 22% (2000 est.)
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