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Compare Faroe Islands (2005) - Virgin Islands (2003)

Compare Faroe Islands (2005) z Virgin Islands (2003)

 Faroe Islands (2005)Virgin Islands (2003)
 Faroe IslandsVirgin Islands
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 (territory of the US); there are no first-order administrative divisions as defined by the US Government, but there are three islands at the second order; Saint Croix, Saint John, Saint Thomas
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: 26% (male 16,685; female 15,794)


15-64 years: 64.4% (male 36,241; female 44,157)


65 years and over: 9.5% (male 5,078; female 6,823) (2003 est.)
Agriculture - products milk, potatoes, vegetables; sheep; salmon, other fish fruit, vegetables, sorghum; Senepol cattle
Airports 1 (2004 est.) 2 (2002)
Airports - with paved runways total: 1


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


1,524 to 2,437 m: 2 (2002)
Area total: 1,399 sq km


land: 1,399 sq km


water: 0 sq km (some lakes and streams)
total: 352 sq km


land: 349 sq km


water: 3 sq km
Area - comparative eight times the size of Washington, DC twice 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. During the 17th century, the archipelago was divided into two territorial units, one English and the other Danish. Sugarcane, produced by slave labor, drove the islands' economy during the 18th and early 19th centuries. In 1917, the US purchased the Danish portion, which had been in economic decline since the abolition of slavery in 1848.
Birth rate 13.97 births/1,000 population (2005 est.) 15.8 births/1,000 population (2003 est.)
Budget revenues: $488 million


expenditures: $484 million, including capital expenditures of $21 million (1999)
revenues: $364.4 million


expenditures: $364.4 million, including capital expenditures of $NA (1990 est.)
Capital Torshavn Charlotte Amalie
Climate mild winters, cool summers; usually overcast; foggy, windy subtropical, tempered by easterly trade winds, relatively low humidity, little seasonal temperature variation; rainy season May to November
Coastline 1,117 km 188 km
Constitution 5 June 1953 (Danish constitution) Revised Organic Act of 22 July 1954
Country name conventional long form: none


conventional short form: Faroe Islands


local long form: none


local short form: Foroyar
conventional long form: United States Virgin Islands


conventional short form: Virgin Islands


former: Danish West Indies
Currency - US dollar (USD)
Death rate 8.69 deaths/1,000 population (2005 est.) 5.68 deaths/1,000 population (2003 est.)
Debt - external $64 million (1999) $NA
Dependency status part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark since 1948 organized, unincorporated territory of the US with policy relations between the Virgin Islands and the US under the jurisdiction of the Office of Insular Affairs, US Department of the Interior
Diplomatic representation from the US none (self-governing overseas administrative division of Denmark) none (territory of the US)
Diplomatic representation in the US none (self-governing overseas administrative division of Denmark) none (territory of the US)
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) $NA
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. Tourism is the primary economic activity, accounting for more than 70% of GDP and 70% of employment. The islands normally host 2 million visitors a year. The manufacturing sector consists of petroleum refining, textiles, electronics, pharmaceuticals, and watch assembly. The agricultural sector is small, with most food being imported. International business and financial services are a small but growing component of the economy. One of the world's largest petroleum refineries is at Saint Croix. The islands are subject to substantial damage from storms. The government is working to improve fiscal discipline, support construction projects in the private sector, expand tourist facilities, reduce crime, and protect the environment.
Electricity - consumption 204.6 million kWh (2002) 957.9 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) 1.03 billion kWh (2001)
Electricity - production by source - fossil fuel: 100%


hydro: 0%


nuclear: 0%


other: 0% (2001)
Elevation extremes lowest point: Atlantic Ocean 0 m


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


highest point: Crown Mountain 474 m
Environment - current issues NA lack of natural freshwater resources
Ethnic groups Scandinavian black 78%, white 10%, other 12%


note: West Indian 81% (49% born in the Virgin Islands and 32% born elsewhere in the West Indies), US mainland 13%, Puerto Rican 4%, other 2%
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 George W. BUSH of the US (since 20 January 2001); Vice President Richard B. CHENEY (Since 20 January 2001)


head of government: Governor Dr. Charles Wesley TURNBULL (since 5 January 1999) and Lieutenant Governor Vargrave RICHARDS (since NA January 2003)


cabinet: NA


elections: US president and vice president elected on the same ticket for four-year terms; governor and lieutenant governor elected on the same ticket by popular vote for four-year terms; election last held 5 November 2002 (next to be held NA November 2006)


election results: Dr. Charles Wesley TURNBULL reelected governor; percent of vote - Dr. Charles Wesley TURNBULL (Democrat) 50.5%, John de JONGH 24.4%
Exports NA NA (2001)
Exports - commodities fish and fish products 94%, stamps, ships (1999) refined petroleum products
Exports - partners Denmark 33.5%, UK 29.7%, Norway 8.4%, Nigeria 7.2% (2004) US, Puerto Rico
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) white, with a modified US coat of arms in the center between the large blue initials V and I; the coat of arms shows a yellow eagle holding an olive branch in one talon and three arrows in the other with a superimposed shield of vertical red and white stripes below a blue panel
GDP - purchasing power parity - $2.4 billion (2001 est.)
GDP - composition by sector agriculture: 27%


industry: 11%


services: 62% (1999)
agriculture: NA%


industry: NA%


services: NA%
GDP - per capita purchasing power parity - $22,000 (2001 est.) purchasing power parity - $19,000 (2001 est.)
GDP - real growth rate 10% (2001 est.) 2% (2001 est.)
Geographic coordinates 62 00 N, 7 00 W 18 20 N, 64 50 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 important location along the Anegada Passage - a key shipping lane for the Panama Canal; Saint Thomas has one of the best natural deepwater harbors in the Caribbean
Highways total: 463 km


paved: 454 km


unpaved: 9 km (1999)
total: 856 km


paved: NA km


unpaved: NA km


note: the only US possession where driving on the left side of the road is practiced (2000)
Household income or consumption by percentage share lowest 10%: NA%


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


highest 10%: NA%
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) crude oil, foodstuffs, consumer goods, building materials
Imports - partners Denmark 52.8%, Norway 18.3%, Iceland 4.4%, Sweden 4.2% (2004) US, Puerto Rico
Independence none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark) -
Industrial production growth rate 8% (1999 est.) NA%
Industries fishing, fish processing, small ship repair and refurbishment, handicrafts tourism, petroleum refining, watch assembly, rum distilling, construction, pharmaceuticals, textiles, electronics
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: 9 deaths/1,000 live births


male: 10.12 deaths/1,000 live births


female: 7.81 deaths/1,000 live births (2003 est.)
Inflation rate (consumer prices) 5.1% (1999) 2% (1992)
International organization participation IMO (associate), NC, NIB, UPU ECLAC (associate), Interpol (subbureau), IOC
Internet Service Providers (ISPs) - 50 (2000)
Irrigated land 0 sq km (1998 est.) NA sq km
Judicial branch none US District Court of the Virgin Islands (under Third Circuit jurisdiction); Territorial Court (judges appointed by the governor for 10-year terms)
Labor force 24,250 (October 2000) 49,000 (2002 est.)
Labor force - by occupation fishing, fish processing, and manufacturing 33%, construction and private services 33%, public services 34% agriculture 1%, industry 20%, services 79% (1990 est.)
Land boundaries 0 km 0 km
Land use arable land: 2.14%


permanent crops: 0%


other: 97.86% (2001)
arable land: 15%


permanent crops: 6%


other: 79% (1998 est.)
Languages Faroese (derived from Old Norse), Danish English (official), Spanish, Creole
Legal system Danish based on US 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 Senate (15 seats; members are elected by popular vote to serve two-year terms)


elections: last held 6 November 2002 (next to be held NA November 2004)


election results: percent of vote by party - NA%; seats by party - Democratic Party 8, ICM NA, no party affiliation NA


note: the Virgin Islands elects one non-voting representative to the US House of Representatives; election last held 6 November 2002 (next to be held NA November 2004); results - Donna M. CHRISTIAN-CHRISTENSON (Democrat) reelected
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: 74.73 years


female: 82.68 years (2003 est.)
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%
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, islands between the Caribbean Sea and the North Atlantic Ocean, east of Puerto Rico
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
exclusive economic zone: 200 NM


territorial sea: 12 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)
none (2002 est.)
Military - note defense is the responsibility of Denmark defense is the responsibility of the US
Military branches no regular military forces -
Military expenditures - dollar figure $NA -
Military expenditures - percent of GDP NA -
National holiday Olaifest (Olavasoka), 29 July Transfer Day (from Denmark to the US), 27 March (1917)
Nationality noun: Faroese (singular and plural)


adjective: Faroese
noun: Virgin Islander(s)


adjective: Virgin Islander
Natural hazards NA several hurricanes in recent years; frequent and severe droughts and floods; occasional earthquakes
Natural resources fish, whales, hydropower, possible oil and gas sun, sand, sea, surf
Net migration rate 0.94 migrant(s)/1,000 population (2005 est.) 0.12 migrant(s)/1,000 population (2003 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] Democratic Party [Arturo WATLINGTON]; Independent Citizens' Movement or ICM [Usie RICHARDS]; Republican Party [Gary SPRAUVE]
Political pressure groups and leaders NA NA
Population 46,962 (July 2005 est.) 124,778 (July 2003 est.)
Population below poverty line NA% NA%
Population growth rate 0.62% (2005 est.) 1.02% (2003 est.)
Ports and harbors Torshavn Charlotte Amalie, Christiansted, Cruz Bay, Port Alucroix
Radio broadcast stations AM 1, FM 13, shortwave 0 (1998) AM 5, FM 11, shortwave 0 (2002)
Railways - 0 km
Religions Evangelical Lutheran Baptist 42%, Roman Catholic 34%, Episcopalian 17%, other 7%
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: 1.06 male(s)/female


under 15 years: 1.06 male(s)/female


15-64 years: 0.82 male(s)/female


65 years and over: 0.74 male(s)/female


total population: 0.87 male(s)/female (2003 est.)
Suffrage 18 years of age; universal 18 years of age; universal; note - indigenous inhabitants are US citizens but do not vote in US presidential elections
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: modern, uses fiber-optic cable and microwave radio relay


international: submarine cable and satellite communications; satellite earth stations - NA
Telephones - main lines in use 23,000 (2002) 65,000 (1997)
Telephones - mobile cellular 30,700 (2002) 2,000 (1992)
Television broadcast stations 3 (plus 43 low-power repeaters) (September 1995) 2 (2002)
Terrain rugged, rocky, some low peaks; cliffs along most of coast mostly hilly to rugged and mountainous with little level land
Total fertility rate 2.2 children born/woman (2005 est.) 2.22 children born/woman (2003 est.)
Unemployment rate 1% (October 2000) 4.9% (March 1999)
Waterways - none
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