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Compare Faroe Islands (2006) - Falkland Islands (Islas Malvinas) (2007)
Compare Faroe Islands (2006) z Falkland Islands (Islas Malvinas) (2007)
| Faroe Islands (2006) | Falkland Islands (Islas Malvinas) (2007) | |
 | -2007-bmala.jpg) | |
| 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 (overseas territory of the UK; also claimed by Argentina) |
| Age structure | 0-14 years: 20.9% (male 4,940/female 4,952)
15-64 years: 65.1% (male 16,247/female 14,522) 65 years and over: 13.9% (male 2,976/female 3,609) (2006 est.) |
0-14 years: NA
15-64 years: NA 65 years and over: NA |
| Agriculture - products | milk, potatoes, vegetables; sheep; salmon, other fish | fodder and vegetable crops; sheep, dairy products; fish, squid |
| Airports | 1 (2006) | 6 (2007) |
| Airports - with paved runways | total: 1
914 to 1,523 m: 1 (2006) |
total: 2
2,438 to 3,047 m: 1 914 to 1,523 m: 1 (2007) |
| Airports - with unpaved runways | - | total: 4
under 914 m: 4 (2007) |
| Area | total: 1,399 sq km
land: 1,399 sq km water: 0 sq km (some lakes and streams) |
total: 12,173 sq km
land: 12,173 sq km water: 0 sq km note: includes the two main islands of East and West Falkland and about 200 small islands |
| Area - comparative | eight times the size of Washington, DC | slightly smaller than Connecticut |
| 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. | Although first sighted by an English navigator in 1592, the first landing (English) did not occur until almost a century later in 1690, and the first settlement (French) was not established until 1764. The colony was turned over to Spain two years later and the islands have since been the subject of a territorial dispute, first between Britain and Spain, then between Britain and Argentina. The UK asserted its claim to the islands by establishing a naval garrison there in 1833. Argentina invaded the islands on 2 April 1982. The British responded with an expeditionary force that landed seven weeks later and after fierce fighting forced an Argentine surrender on 14 June 1982. |
| Birth rate | 14.05 births/1,000 population (2006 est.) | NA |
| Budget | revenues: $488 million
expenditures: $484 million; including capital expenditures of $21 million (1999) |
revenues: $66.2 million
expenditures: $67.9 million (FY98/99 est.) |
| Capital | name: Torshavn
geographic coordinates: 62 01 N, 6 46 W time difference: UTC (5 hours ahead of Washington, DC during Standard Time) daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October |
name: Stanley
geographic coordinates: 51 42 S, 57 51 W time difference: UTC-4 (1 hour ahead of Washington, DC during Standard Time) daylight saving time: +1hr, begins first Sunday in September; ends third Sunday in April |
| Climate | mild winters, cool summers; usually overcast; foggy, windy | cold marine; strong westerly winds, cloudy, humid; rain occurs on more than half of days in year; average annual rainfall is 24 inches in Stanley; occasional snow all year, except in January and February, but does not accumulate |
| Coastline | 1,117 km | 1,288 km |
| Constitution | 5 June 1953 (Danish constitution) | 3 October 1985; amended 1997 and 1998 |
| 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: Falkland Islands (Islas Malvinas) |
| Death rate | 8.7 deaths/1,000 population (2006 est.) | NA |
| Debt - external | $64 million (1999) | $NA |
| Dependency status | part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark since 1948 | overseas territory of the UK; also claimed by Argentina |
| Diplomatic representation from the US | none (self-governing overseas administrative division of Denmark) | none (overseas territory of the UK; also claimed by Argentina) |
| Diplomatic representation in the US | none (self-governing overseas administrative division of Denmark) | none (overseas territory of the UK; also claimed by Argentina) |
| 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 | Argentina, which claims the islands in its constitution and briefly occupied them by force in 1982, agreed in 1995 to no longer seek settlement by force; UK continues to reject Argentine requests for sovereignty talks |
| Economic aid - recipient | $135 million (annual subsidy from Denmark) (1998) | $0 (1997 est.) |
| 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 have helped 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 (about 15% of GDP) from Denmark, the Faroese have a standard of living not far below the Danes and other Scandinavians. | The economy was formerly based on agriculture, mainly sheep farming, but today fishing contributes the bulk of economic activity. In 1987 the government began selling fishing licenses to foreign trawlers operating within the Falkland Islands' exclusive fishing zone. These license fees total more than $40 million per year, which help support the island's health, education, and welfare system. Squid accounts for 75% of the fish taken. Dairy farming supports domestic consumption; crops furnish winter fodder. Exports feature shipments of high-grade wool to the UK and the sale of postage stamps and coins. The islands are now self-financing except for defense. The British Geological Survey announced a 200-mile oil exploration zone around the islands in 1993, and early seismic surveys suggest substantial reserves capable of producing 500,000 barrels per day; to date, no exploitable site has been identified. An agreement between Argentina and the UK in 1995 seeks to defuse licensing and sovereignty conflicts that would dampen foreign interest in exploiting potential oil reserves. Tourism, especially eco-tourism, is increasing rapidly, with about 30,000 visitors in 2001. Another large source of income is interest paid on money the government has in the bank. The British military presence also provides a sizeable economic boost. |
| Electricity - consumption | 242 million kWh (2003) | 14.88 million kWh (2005) |
| Electricity - exports | 0 kWh (2003) | 0 kWh (2005) |
| Electricity - imports | 0 kWh (2003) | 0 kWh (2005) |
| Electricity - production | 260.2 million kWh (2003) | 16 million kWh (2005) |
| Elevation extremes | lowest point: Atlantic Ocean 0 m
highest point: Slaettaratindur 882 m |
lowest point: Atlantic Ocean 0 m
highest point: Mount Usborne 705 m |
| Environment - current issues | NA | overfishing by unlicensed vessels is a problem; reindeer were introduced to the islands in 2001 for commercial reasons; this is the only commercial reindeer herd in the world unaffected by the 1986 Chornobyl disaster |
| Ethnic groups | Scandinavian | British |
| Exchange rates | Danish kroner per US dollar - 5.9969 (2005), 5.9911 (2004), 6.5877 (2003), 7.8947 (2002), 8.3228 (2001) | Falkland pounds per US dollar - 0.5434 (2006), 0.5504 (2005), 0.5462 (2004), 0.6125 (2003), 0.6672 (2002)
note: the Falkland pound is at par with the British pound |
| 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 |
chief of state: Queen ELIZABETH II (since 6 February 1952)
head of government: Governor Alan HUCKLE (since 25 August 2006); Chief Executive Chris SIMPKINS (since March 2003); note - Dr. Tim THOROGOOD will assume the position of Chief Executive in January 2008 cabinet: Executive Council; three members elected by the Legislative Council, two ex officio members (chief executive and the financial secretary), and the governor elections: none; the monarchy is hereditary; governor appointed by the monarch |
| Exports | NA bbl/day | NA bbl/day |
| Exports - commodities | fish and fish products 94%, stamps, ships (1999) | wool, hides, meat, fish, squid |
| Exports - partners | Denmark 38.2%, UK 29.6%, Nigeria 8.9%, Norway 6.1%, Netherlands 4.3% (2005) | Spain 81.9%, US 6%, UK 4.5% (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) | blue with the flag of the UK in the upper hoist-side quadrant and the Falkland Island coat of arms centered on the outer half of the flag; the coat of arms contains a white ram (sheep raising was once the major economic activity) above the sailing ship Desire (whose crew discovered the islands) with a scroll at the bottom bearing the motto DESIRE THE RIGHT |
| GDP - composition by sector | agriculture: 27%
industry: 11% services: 62% (1999) |
agriculture: 95%
industry: NA% services: NA% (1996) |
| GDP - real growth rate | 10% (2001 est.) | NA% |
| Geographic coordinates | 62 00 N, 7 00 W | 51 45 S, 59 00 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 | deeply indented coast provides good natural harbors; short growing season |
| Household income or consumption by percentage share | lowest 10%: NA%
highest 10%: NA% |
lowest 10%: NA%
highest 10%: NA% |
| Imports | NA bbl/day | NA bbl/day |
| Imports - commodities | consumer goods 36%, raw materials and semi-manufactures 32%, machinery and transport equipment 29%, fuels, fish, salt (1999) | fuel, food and drink, building materials, clothing |
| Imports - partners | Denmark 46.2%, Norway 18.2%, Germany 8.2%, Spain 7.5%, Iceland 4.8% (2005) | UK 72.5%, US 15.1%, Netherlands 8.5% (2006) |
| Independence | none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark) | none (overseas territory of the UK; also claimed by Argentina) |
| Industrial production growth rate | 8% (1999 est.) | NA% |
| Industries | fishing, fish processing, small ship repair and refurbishment, handicrafts | fish and wool processing; tourism |
| Infant mortality rate | total: 6.12 deaths/1,000 live births
male: 7.4 deaths/1,000 live births female: 4.85 deaths/1,000 live births (2006 est.) |
total: NA
male: NA female: NA |
| Inflation rate (consumer prices) | 5.1% (1999) | 3.6% (1998) |
| International organization participation | Arctic Council, IMO (associate), NC, NIB, UPU | ICFTU, UPU |
| Irrigated land | 0 sq km | NA |
| Judicial branch | none | Supreme Court (chief justice is a nonresident); Magistrates Court (senior magistrate presides over civil and criminal divisions); Court of Summary Jurisdiction |
| Labor force | 24,250 (October 2000) | 1,724 (est.) (1996) |
| Labor force - by occupation | agriculture: 33%
industry: 33% services: 34% |
agriculture: 95% (mostly sheepherding and fishing)
industry and services: 5% (1996) |
| Land boundaries | 0 km | 0 km |
| Land use | arable land: 2.14%
permanent crops: 0% other: 97.86% (2005) |
arable land: 0%
permanent crops: 0% other: 100% (99% permanent pastures, 1% other) (2005) |
| Languages | Faroese (derived from Old Norse), Danish | English |
| Legal system | Danish | 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 Democratic Party 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 Democratic Party 7, Republican Party 8, People's Party 7, Center Party 2, Independence Party 1 note: election of two 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 (10 seats; 2 members are ex officio and 8 are elected by popular vote; to serve four-year terms); presided over by the governor
elections: last held 17 November 2005 (next to be held in November 2009) election results: percent of vote - NA; seats - independents 8 |
| Life expectancy at birth | total population: 79.35 years
male: 75.91 years female: 82.8 years (2006 est.) |
total population: NA
male: NA female: NA |
| Literacy | definition: NA
total population: NA% male: NA% female: NA% note: probably 100%, the same as Denmark proper |
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 | Southern South America, islands in the South Atlantic Ocean, east of southern Argentina |
| Map references | Europe | South America |
| 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
continental shelf: 200 nm exclusive fishing zone: 200 nm |
| Merchant marine | total: 18 ships (1000 GRT or over) 19,265 GRT/9,171 DWT
by type: cargo 10, container 2, passenger/cargo 4, petroleum tanker 2 foreign-owned: 8 (Iceland 4, Norway 4) (2006) |
- |
| Military - note | defense is the responsibility of Denmark | defense is the responsibility of the UK |
| Military branches | no regular military forces | no regular military forces |
| Military expenditures - dollar figure | NA | - |
| Military expenditures - percent of GDP | NA | NA |
| National holiday | Olaifest (Olavasoka), 29 July | Liberation Day, 14 June (1982) |
| Nationality | noun: Faroese (singular and plural)
adjective: Faroese |
noun: Falkland Islander(s)
adjective: Falkland Island |
| Natural hazards | NA | strong winds persist throughout the year |
| Natural resources | fish, whales, hydropower, possible oil and gas | fish, squid, wildlife, calcified seaweed, sphagnum moss |
| Net migration rate | 0.47 migrant(s)/1,000 population (2006 est.) | NA |
| 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 Leo JOHANNESEN] | none; all independents |
| Political pressure groups and leaders | NA | none |
| Population | 47,246 (July 2006 est.) | 3,105 (July 2007 est.) |
| Population below poverty line | NA% | NA% |
| Population growth rate | 0.58% (2006 est.) | 2.44% (2007 est.) |
| Radio broadcast stations | AM 1, FM 13, shortwave 0 (1998) | AM 1, FM 7, shortwave 0 (British Forces Broadcasting Service (BFBS) provides Radio 1 and Radio 2 service) (2006) |
| Religions | Evangelical Lutheran | primarily Anglican, Roman Catholic, United Free Church, Evangelist Church, Jehovah's Witnesses, Lutheran, Seventh-Day Adventist |
| 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: 0.83 male(s)/female total population: 1.05 male(s)/female (2006 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: NA
domestic: government-operated radiotelephone and private VHF/CB radiotelephone networks provide effective service to almost all points on both islands international: country code - 500; satellite earth station - 1 Intelsat (Atlantic Ocean) with links through London to other countries |
| Telephones - main lines in use | 23,800 (2005) | 2,400 (2002) |
| Telephones - mobile cellular | 42,500 (2005) | 0 (2001) |
| Television broadcast stations | 3 (plus 43 low-power repeaters) (September 1995) | 2 (British Forces Broadcasting Service (BFBS) provides multi-channel satellite service to members of UK Forces as well as islanders); cable television is available in Stanley (2006) |
| Terrain | rugged, rocky, some low peaks; cliffs along most of coast | rocky, hilly, mountainous with some boggy, undulating plains |
| Total fertility rate | 2.17 children born/woman (2006 est.) | NA |
| Unemployment rate | 1% (October 2000) | full employment; labor shortage (2001) |
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