Faroe Islands (2006) | Liechtenstein (2001) | |
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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 | 11 communes (gemeinden, singular - gemeinde); Balzers, Eschen, Gamprin, Mauren, Planken, Ruggell, Schaan, Schellenberg, Triesen, Triesenberg, Vaduz |
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:
18.41% (male 2,992; female 2,996) 15-64 years: 70.6% (male 11,455; female 11,511) 65 years and over: 10.99% (male 1,439; female 2,135) (2001 est.) |
Agriculture - products | milk, potatoes, vegetables; sheep; salmon, other fish | wheat, barley, corn, potatoes; livestock, dairy products |
Airports | 1 (2006) | none |
Airports - with paved runways | total: 1
914 to 1,523 m: 1 (2006) |
- |
Area | total: 1,399 sq km
land: 1,399 sq km water: 0 sq km (some lakes and streams) |
total:
160 sq km land: 160 sq km water: 0 sq km |
Area - comparative | eight times the size of Washington, DC | about 0.9 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. | The Principality of Liechtenstein was established within the Holy Roman Empire in 1719; it became a sovereign state in 1806. Until the end of World War I, it was closely tied to Austria, but the economic devastation caused by that conflict forced Liechtenstein to conclude a customs and monetary union with Switzerland. Since World War II (in which Liechtenstein remained neutral) the country's low taxes have spurred outstanding economic growth. However, shortcomings in banking regulatory oversight have resulted in concerns about the use of the financial institutions for money laundering. |
Birth rate | 14.05 births/1,000 population (2006 est.) | 11.53 births/1,000 population (2001 est.) |
Budget | revenues: $488 million
expenditures: $484 million; including capital expenditures of $21 million (1999) |
revenues:
$424.2 million expenditures: $414.1 million, including capital expenditures of $NA (1998 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 |
Vaduz |
Climate | mild winters, cool summers; usually overcast; foggy, windy | continental; cold, cloudy winters with frequent snow or rain; cool to moderately warm, cloudy, humid summers |
Coastline | 1,117 km | 0 km (landlocked) |
Constitution | 5 June 1953 (Danish constitution) | 5 October 1921 |
Country name | conventional long form: none
conventional short form: Faroe Islands local long form: none local short form: Foroyar |
conventional long form:
Principality of Liechtenstein conventional short form: Liechtenstein local long form: Fuerstentum Liechtenstein local short form: Liechtenstein |
Currency | - | Swiss franc (CHF) |
Death rate | 8.7 deaths/1,000 population (2006 est.) | 6.7 deaths/1,000 population (2001 est.) |
Debt - external | $64 million (1999) | $0 (1996) |
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) | the US does not have an embassy in Liechtenstein, but the US Ambassador to Switzerland is also accredited to Liechtenstein |
Diplomatic representation in the US | none (self-governing overseas administrative division of Denmark) | Liechtenstein's Ambassador to the US, Claudia FRITSCHE, is dually accredited to the UN in 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 | Liechtenstein's royal family claims restitution for 1,600 sq km of land in the Czech Republic confiscated in 1918 |
Economic aid - recipient | $135 million (annual subsidy from Denmark) (1998) | none |
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. | Despite its small size and limited natural resources, Liechtenstein has developed into a prosperous, highly industrialized, free-enterprise economy with a vital financial service sector and living standards on a par with the urban areas of its large European neighbors. Low business taxes - the maximum tax rate is 18% - and easy incorporation rules have induced 73,700 holding or so-called letter box companies to establish nominal offices in Liechtenstein, providing 30% of state revenues. The country participates in a customs union with Switzerland and uses the Swiss franc as its national currency. It imports more than 90% of its energy requirements. Liechtenstein has been a member of the European Economic Area (an organization serving as a bridge between European Free Trade Association (EFTA) and EU) since May 1995. The government is working to harmonize its economic policies with those of an integrated Europe. |
Electricity - consumption | 242 million kWh (2003) | NA kWh |
Electricity - exports | 0 kWh (2003) | NA kWh |
Electricity - imports | 0 kWh (2003) | NA kWh |
Electricity - production | 260.2 million kWh (2003) | - |
Electricity - production by source | - | fossil fuel:
NA% hydro: NA% nuclear: NA% other: NA% |
Elevation extremes | lowest point: Atlantic Ocean 0 m
highest point: Slaettaratindur 882 m |
lowest point:
Ruggeller Riet 430 m highest point: Grauspitz 2,599 m |
Environment - current issues | NA | NA |
Environment - international agreements | - | party to:
Air Pollution, Air Pollution-Nitrogen Oxides, Air Pollution-Sulphur 85, Air Pollution-Sulphur 94, Air Pollution-Volatile Organic Compounds, Biodiversity, Climate Change, Desertification, Endangered Species, Hazardous Wastes, Ozone Layer Protection, Wetlands signed, but not ratified: Air Pollution-Persistent Organic Pollutants, Climate Change-Kyoto Protocol, Law of the Sea |
Ethnic groups | Scandinavian | Alemannic 87.5%, Italian, Turkish, and other 12.5% |
Exchange rates | Danish kroner per US dollar - 5.9969 (2005), 5.9911 (2004), 6.5877 (2003), 7.8947 (2002), 8.3228 (2001) | Swiss francs per US dollar - 1.6303 (January 2001), 1.6888 (2000), 1.5022 (1999), 1.4498 (1998), 1.4513 (1997), 1.2360 (1996) |
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:
Prince HANS ADAM II (since 13 November 1989, assumed executive powers 26 August 1984); Heir Apparent Prince ALOIS, son of the monarch (born 11 June 1968) head of government: Head of Government Mario FRICK (since 15 December 1993) and Deputy Head of Government Michael RITTER (since 2 February 1997) cabinet: Cabinet elected by the Diet; confirmed by the monarch elections: none; the monarch is hereditary; following legislative elections, the leader of the majority party in the Diet is usually appointed the head of government by the monarch and the leader of the largest minority party in the Diet is usually appointed the deputy head of government by the monarch |
Exports | NA bbl/day | $2.47 billion (1996) |
Exports - commodities | fish and fish products 94%, stamps, ships (1999) | small specialty machinery, dental products, stamps, hardware, pottery |
Exports - partners | Denmark 38.2%, UK 29.6%, Nigeria 8.9%, Norway 6.1%, Netherlands 4.3% (2005) | EU and EFTA countries 60.57% (Switzerland 15.7%) (1995) |
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) | two equal horizontal bands of blue (top) and red with a gold crown on the hoist side of the blue band |
GDP | - | purchasing power parity - $730 million (1998 est.) |
GDP - composition by sector | agriculture: 27%
industry: 11% services: 62% (1999) |
agriculture:
NA% industry: NA% services: NA% |
GDP - per capita | - | purchasing power parity - $23,000 (1998 est.) |
GDP - real growth rate | 10% (2001 est.) | NA% |
Geographic coordinates | 62 00 N, 7 00 W | 47 10 N, 9 32 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 | along with Uzbekistan, one of only two doubly landlocked countries in the world; variety of microclimatic variations based on elevation |
Highways | - | total:
250 km paved: 250 km unpaved: 0 km |
Household income or consumption by percentage share | lowest 10%: NA%
highest 10%: NA% |
lowest 10%:
NA% highest 10%: NA% |
Illicit drugs | - | multilateral organizations engaged in issuing international guidelines for financial sector oversight have found gaps in Liechtenstein's financial services controls that make it vulnerable to money laundering |
Imports | NA bbl/day | $917.3 million (1996) |
Imports - commodities | consumer goods 36%, raw materials and semi-manufactures 32%, machinery and transport equipment 29%, fuels, fish, salt (1999) | machinery, metal goods, textiles, foodstuffs, motor vehicles |
Imports - partners | Denmark 46.2%, Norway 18.2%, Germany 8.2%, Spain 7.5%, Iceland 4.8% (2005) | EU countries, Switzerland (1996) |
Independence | none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark) | 23 January 1719 Imperial Principality of Liechtenstein established; 12 July 1806 established independence from the Holy Roman Empire |
Industrial production growth rate | 8% (1999 est.) | NA% |
Industries | fishing, fish processing, small ship repair and refurbishment, handicrafts | electronics, metal manufacturing, textiles, ceramics, pharmaceuticals, food products, precision instruments, 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.) |
4.99 deaths/1,000 live births (2001 est.) |
Inflation rate (consumer prices) | 5.1% (1999) | 0.5% (1997 est.) |
International organization participation | Arctic Council, IMO (associate), NC, NIB, UPU | CE, EBRD, ECE, EFTA, IAEA, ICRM, IFRCS, Intelsat, Interpol, IOC, ITU, OPCW, OSCE, UN, UNCTAD, UNIDO, UPU, WCL, WHO (observer), WIPO, WTrO |
Internet Service Providers (ISPs) | - | 44 (Liechtenstein and Switzerland) (2000) |
Irrigated land | 0 sq km | NA sq km |
Judicial branch | none | Supreme Court or Oberster Gerichtshof; Superior Court or Obergericht |
Labor force | 24,250 (October 2000) | 22,891 of which 13,847 are foreigners; 8,231 commute from Austria and Switzerland to work each day |
Labor force - by occupation | agriculture: 33%
industry: 33% services: 34% |
industry, trade, and building 45%, services 53%, agriculture, fishing, forestry, and horticulture 2% (1997 est.) |
Land boundaries | 0 km | total:
76 km border countries: Austria 35 km, Switzerland 41 km |
Land use | arable land: 2.14%
permanent crops: 0% other: 97.86% (2005) |
arable land:
24% permanent crops: 0% permanent pastures: 16% forests and woodland: 35% other: 25% (1993 est.) |
Languages | Faroese (derived from Old Norse), Danish | German (official), Alemannic dialect |
Legal system | Danish | local civil and penal codes; 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 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 Diet or Landtag (25 seats; members are elected by direct popular vote under proportional representation to serve four-year terms)
elections: last held on 9-11 February 2001 (next to be held by NA 2005) election results: percent of vote by party - FBP 49.90%, VU 41.35%, FL 8.71%; seats by party - FBP 13, VU 11, FL 1 |
Life expectancy at birth | total population: 79.35 years
male: 75.91 years female: 82.8 years (2006 est.) |
total population:
78.95 years male: 75.32 years female: 82.6 years (2001 est.) |
Literacy | definition: NA
total population: NA% male: NA% female: NA% note: probably 100%, the same as Denmark proper |
definition:
age 10 and over can read and write total population: 100% male: 100% female: 100% (1981 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 | Central Europe, between Austria and Switzerland |
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 |
none (landlocked) |
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 Switzerland |
Military branches | no regular military forces | - |
Military expenditures - dollar figure | NA | - |
Military expenditures - percent of GDP | NA | - |
National holiday | Olaifest (Olavasoka), 29 July | Assumption Day, 15 August |
Nationality | noun: Faroese (singular and plural)
adjective: Faroese |
noun:
Liechtensteiner(s) adjective: Liechtenstein |
Natural hazards | NA | NA |
Natural resources | fish, whales, hydropower, possible oil and gas | hydroelectric potential, arable land |
Net migration rate | 0.47 migrant(s)/1,000 population (2006 est.) | 4.98 migrant(s)/1,000 population (2001 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 Leo JOHANNESEN] | Fatherland Union or VU [Dr. Oswald KRANZ]; Progressive Citizens' Party or FBP [Dr. Ernst WALCH]; The Free List or FL [Dr. Pepo FRICK, Karin JENNY, Rene HASLER] |
Political pressure groups and leaders | NA | NA |
Population | 47,246 (July 2006 est.) | 32,528 (July 2001 est.) |
Population below poverty line | NA% | NA% |
Population growth rate | 0.58% (2006 est.) | 0.98% (2001 est.) |
Ports and harbors | - | none |
Radio broadcast stations | AM 1, FM 13, shortwave 0 (1998) | AM 0, FM 4, shortwave 0 (1998) |
Radios | - | 21,000 (1997) |
Railways | - | total:
18.5 km; note - owned, operated, and included in statistics of Austrian Federal Railways standard gauge: 18.5 km 1.435-m gauge (electrified) |
Religions | Evangelical Lutheran | Roman Catholic 80%, Protestant 7.4%, unknown 7.7%, other 4.9% (1996) |
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.) |
at birth:
1.01 male(s)/female under 15 years: 1 male(s)/female 15-64 years: 1 male(s)/female 65 years and over: 0.67 male(s)/female total population: 0.95 male(s)/female (2001 est.) |
Suffrage | 18 years of age; universal | 20 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:
automatic telephone system domestic: NA international: linked to Swiss networks by cable and microwave radio relay |
Telephones - main lines in use | 23,800 (2005) | 20,000 (1997) |
Telephones - mobile cellular | 42,500 (2005) | NA |
Television broadcast stations | 3 (plus 43 low-power repeaters) (September 1995) | NA (linked to Swiss networks) (1997) |
Terrain | rugged, rocky, some low peaks; cliffs along most of coast | mostly mountainous (Alps) with Rhine Valley in western third |
Total fertility rate | 2.17 children born/woman (2006 est.) | 1.5 children born/woman (2001 est.) |
Unemployment rate | 1% (October 2000) | 1.8% (February 1999) |
Waterways | - | none |