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Compare Faroe Islands (2006) - Venezuela (2004)
Compare Faroe Islands (2006) z Venezuela (2004)
| Faroe Islands (2006) | Venezuela (2004) | |
 |  | |
| 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 | 23 states (estados, singular - estado), 1 federal district* (distrito federal), and 1 federal dependency** (dependencia federal); Amazonas, Anzoategui, Apure, Aragua, Barinas, Bolivar, Carabobo, Cojedes, Delta Amacuro, Dependencias Federales**, Distrito Federal*, Falcon, Guarico, Lara, Merida, Miranda, Monagas, Nueva Esparta, Portuguesa, Sucre, Tachira, Trujillo, Vargas, Yaracuy, Zulia
note: the federal dependency consists of 11 federally controlled island groups with a total of 72 individual islands |
| 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: 30.5% (male 3,930,413; female 3,687,744)
15-64 years: 64.5% (male 8,107,382; female 8,034,905) 65 years and over: 5% (male 571,289; female 685,654) (2004 est.) |
| Agriculture - products | milk, potatoes, vegetables; sheep; salmon, other fish | corn, sorghum, sugarcane, rice, bananas, vegetables, coffee; beef, pork, milk, eggs; fish |
| Airports | 1 (2006) | 368 (2003 est.) |
| Airports - with paved runways | total: 1
914 to 1,523 m: 1 (2006) |
total: 127
over 3,047 m: 5 2,438 to 3,047 m: 11 1,524 to 2,437 m: 31 914 to 1,523 m: 61 under 914 m: 19 (2004 est.) |
| Airports - with unpaved runways | - | total: 242
1,524 to 2,437 m: 10 914 to 1,523 m: 88 under 914 m: 144 (2004 est.) |
| Area | total: 1,399 sq km
land: 1,399 sq km water: 0 sq km (some lakes and streams) |
total: 912,050 sq km
land: 882,050 sq km water: 30,000 sq km |
| Area - comparative | eight times the size of Washington, DC | slightly more than twice the size of California |
| 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. | Venezuela was one of three countries that emerged from the collapse of Gran Colombia in 1830 (the others being Colombia and Ecuador). For most of the first half of the 20th century, Venezuela was ruled by generally benevolent military strongmen, who promoted the oil industry and allowed for some social reforms. Democratically elected governments have held sway since 1959. Current concerns include: a polarized political environment, a divided military, drug-related conflicts along the Colombian border, increasing internal drug consumption, overdependence on the petroleum industry with its price fluctuations, and irresponsible mining operations that are endangering the rain forest and indigenous peoples. |
| Birth rate | 14.05 births/1,000 population (2006 est.) | 19.34 births/1,000 population (2004 est.) |
| Budget | revenues: $488 million
expenditures: $484 million; including capital expenditures of $21 million (1999) |
revenues: $19.33 billion
expenditures: $24.34 billion, including capital expenditures of $2.6 billion (2003) |
| 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 |
Caracas |
| Climate | mild winters, cool summers; usually overcast; foggy, windy | tropical; hot, humid; more moderate in highlands |
| Coastline | 1,117 km | 2,800 km |
| Constitution | 5 June 1953 (Danish constitution) | 30 December 1999 |
| Country name | conventional long form: none
conventional short form: Faroe Islands local long form: none local short form: Foroyar |
conventional long form: Bolivarian Republic of Venezuela
conventional short form: Venezuela local long form: Republica Bolivariana de Venezuela local short form: Venezuela |
| Currency | - | bolivar (VEB) |
| Death rate | 8.7 deaths/1,000 population (2006 est.) | 4.9 deaths/1,000 population (2004 est.) |
| Debt - external | $64 million (1999) | $32.51 billion (2003) |
| 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 William R. BROWNFIELD
embassy: Calle F con Calle Suapure, Urbanizacion Colinas de Valle Arriba, Caracas 1080 mailing address: P. O. Box 62291, Caracas 1060-A; APO AA 34037 telephone: [58] (212) 975-9234, 975-6411 FAX: [58] (212) 975-8991 |
| Diplomatic representation in the US | none (self-governing overseas administrative division of Denmark) | chief of mission: Ambassador Bernardo ALVAREZ
chancery: 1099 30th Street NW, Washington, DC 20007 telephone: [1] (202) 342-2214 FAX: [1] (202) 342-6820 consulate(s) general: Boston, Chicago, Houston, Miami, New Orleans, New York, San Francisco, and San Juan (Puerto Rico) |
| 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 | claims all of the area west of the Essequibo River, preventing any discussion of a maritime boundary; Guyana has expressed its intention to join Barbados in asserting claims before UNCLOS that the Trinidad and Tobago's maritime boundary with Venezuela extends into their waters; maritime boundary dispute with Colombia in the Gulf of Venezuela and the Caribbean Sea; US, France and the Netherlands recognize Venezuela's claim to give full effect to Aves Island, which creates a Venezuelan EEZ/continental shelf extending over a large portion of the Caribbean Sea; Dominica, Saint Kitts and Nevis, Saint Lucia, and Saint Vincent and the Grenadines protest Venezuela's claim that Aves Island sustains human habitation and other states' recognition of it |
| Economic aid - recipient | $135 million (annual subsidy from Denmark) (1998) | $74 million (2000) |
| 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. | Venezuela continues to be highly dependent on the petroleum sector, which accounts for roughly one-third of GDP, around 80% of export earnings, and more than half of government operating revenues. Despite higher oil prices at the end of 2002 and into 2003, domestic political instability, culminating in a disastrous two-month national oil strike from December 2002 to February 2003, temporarily halted economic activity. The economy remained in depression in 2003, declining by 9.2% after an 8.9% fall in 2002. In late 2003, President CHAVEZ committed himself to $1 billion in new social programs, money the government does not have. |
| Electricity - consumption | 242 million kWh (2003) | 81.47 billion kWh (2001) |
| Electricity - exports | 0 kWh (2003) | 0 kWh (2001) |
| Electricity - imports | 0 kWh (2003) | 0 kWh (2001) |
| Electricity - production | 260.2 million kWh (2003) | 87.6 billion kWh (2001) |
| Elevation extremes | lowest point: Atlantic Ocean 0 m
highest point: Slaettaratindur 882 m |
lowest point: Caribbean Sea 0 m
highest point: Pico Bolivar (La Columna) 5,007 m |
| Environment - current issues | NA | sewage pollution of Lago de Valencia; oil and urban pollution of Lago de Maracaibo; deforestation; soil degradation; urban and industrial pollution, especially along the Caribbean coast; threat to the rainforest ecosystem from irresponsible mining operations |
| Environment - international agreements | - | party to: Antarctic Treaty, Biodiversity, Climate Change, Desertification, Endangered Species, Hazardous Wastes, Marine Life Conservation, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands |
| Ethnic groups | Scandinavian | Spanish, Italian, Portuguese, Arab, German, African, indigenous people |
| Exchange rates | Danish kroner per US dollar - 5.9969 (2005), 5.9911 (2004), 6.5877 (2003), 7.8947 (2002), 8.3228 (2001) | bolivares per US dollar - 1,607.79 (2003), 1,160.95 (2002), 723.666 (2001), 679.96 (2000), 605.717 (1999) |
| 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: President Hugo CHAVEZ Frias (since 3 February 1999); Vice President Jose Vicente RANGEL (since 28 April 2002); note - the president is both the chief of state and head of government
head of government: President Hugo CHAVEZ Frias (since 3 February 1999); Vice President Jose Vicente RANGEL (since 28 April 2002); note - the president is both the chief of state and head of government cabinet: Council of Ministers appointed by the president elections: president elected by popular vote for a six-year term; election last held 30 July 2000 (next to be held NA 2006) election results: Hugo CHAVEZ Frias reelected president; percent of vote - 60% note: a special presidential recall vote on 15 August 2004 resulted in a victory for CHAVEZ; percent of vote - 58% in favor of CHAVEZ fulfilling the remaining two years of his term, 42% in favor of terminating his presidency immediately |
| Exports | NA bbl/day | NA (2001) |
| Exports - commodities | fish and fish products 94%, stamps, ships (1999) | petroleum, bauxite and aluminum, steel, chemicals, agricultural products, basic manufactures |
| Exports - partners | Denmark 38.2%, UK 29.6%, Nigeria 8.9%, Norway 6.1%, Netherlands 4.3% (2005) | US 52.9%, Netherlands Antilles 5%, Dominican Republic 3% (2003) |
| 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) | three equal horizontal bands of yellow (top), blue, and red with the coat of arms on the hoist side of the yellow band and an arc of seven white five-pointed stars centered in the blue band |
| GDP | - | purchasing power parity - $117.9 billion (2003 est.) |
| GDP - composition by sector | agriculture: 27%
industry: 11% services: 62% (1999) |
agriculture: 5%
industry: 50% services: 45% (2004 est.) |
| GDP - per capita | - | purchasing power parity - $4,800 (2003 est.) |
| GDP - real growth rate | 10% (2001 est.) | -9.2% (2003 est.) |
| Geographic coordinates | 62 00 N, 7 00 W | 8 00 N, 66 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 | on major sea and air routes linking North and South America; Angel Falls in the Guiana Highlands is the world's highest waterfall |
| Highways | - | total: 96,155 km
paved: 32,308 km unpaved: 63,847 km (1999 est.) |
| Household income or consumption by percentage share | lowest 10%: NA%
highest 10%: NA% |
lowest 10%: 0.8%
highest 10%: 36.5% (1998) |
| Illicit drugs | - | small-scale illicit producer of opium and coca for the processing of opiates and coca derivatives; however, large quantities of cocaine, heroin, and marijuana transit the country from Colombia bound for US and Europe; significant narcotics-related money-laundering activity, especially along the border with Colombia and on Margarita Island; active eradication program primarily targeting opium; increasing signs of drug-related activities by Colombian insurgents on border |
| Imports | NA bbl/day | NA (2001) |
| Imports - commodities | consumer goods 36%, raw materials and semi-manufactures 32%, machinery and transport equipment 29%, fuels, fish, salt (1999) | raw materials, machinery and equipment, transport equipment, construction materials |
| Imports - partners | Denmark 46.2%, Norway 18.2%, Germany 8.2%, Spain 7.5%, Iceland 4.8% (2005) | US 28.8%, Colombia 7%, Brazil 6.6%, Mexico 4.3% (2003) |
| Independence | none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark) | 5 July 1811 (from Spain) |
| Industrial production growth rate | 8% (1999 est.) | -15.4% (2003 est.) |
| Industries | fishing, fish processing, small ship repair and refurbishment, handicrafts | petroleum, iron ore mining, construction materials, food processing, textiles, steel, aluminum, motor vehicle assembly |
| 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: 22.99 deaths/1,000 live births
male: 26.18 deaths/1,000 live births female: 19.57 deaths/1,000 live births (2004 est.) |
| Inflation rate (consumer prices) | 5.1% (1999) | 31.1% (2003 est.) |
| International organization participation | Arctic Council, IMO (associate), NC, NIB, UPU | CAN, CDB, FAO, G-3, G-15, G-24, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICFTU, ICRM, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, ISO, ITU, LAES, LAIA, Mercosur (associate), MIGA, NAM, OAS, OPANAL, OPCW, OPEC, PCA, RG, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WToO, WTO |
| Irrigated land | 0 sq km | 540 sq km (1998 est.) |
| Judicial branch | none | Supreme Tribunal of Justice or Tribuna Suprema de Justicia (magistrates are elected by the National Assembly for a single 12-year term) |
| Labor force | 24,250 (October 2000) | 11.38 million (2003) |
| Labor force - by occupation | agriculture: 33%
industry: 33% services: 34% |
agriculture 13%, industry 23%, services 64% (1997 est.) |
| Land boundaries | 0 km | total: 4,993 km
border countries: Brazil 2,200 km, Colombia 2,050 km, Guyana 743 km |
| Land use | arable land: 2.14%
permanent crops: 0% other: 97.86% (2005) |
arable land: 2.95%
permanent crops: 0.92% other: 96.13% (2001) |
| Languages | Faroese (derived from Old Norse), Danish | Spanish (official), numerous indigenous dialects |
| Legal system | Danish | based on organic laws as of July 1999; open, adversarial court system; has not accepted compulsory ICJ jurisdiction |
| 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 National Assembly or Asamblea Nacional (165 seats; members elected by popular vote to serve five-year terms; three seats reserved for the indigenous peoples of Venezuela)
elections: last held 30 July 2000 (next to be held July 2005) election results: percent of vote by party - NA%; seats by party - pro-government 108 (MVR 92, MAS 6, indigenous 3, other 7), opposition 57 (AD 33, COPEI 6, Justice First 5, other 13) |
| Life expectancy at birth | total population: 79.35 years
male: 75.91 years female: 82.8 years (2006 est.) |
total population: 74.06 years
male: 71.02 years female: 77.32 years (2004 est.) |
| Literacy | definition: NA
total population: NA% male: NA% female: NA% note: probably 100%, the same as Denmark proper |
definition: age 15 and over can read and write
total population: 93.4% male: 93.8% female: 93.1% (2003 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 | Northern South America, bordering the Caribbean Sea and the North Atlantic Ocean, between Colombia and Guyana |
| 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
contiguous zone: 15 nm exclusive economic zone: 200 nm continental shelf: 200-m depth or to the depth of exploitation |
| 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) |
total: 48 ships (1,000 GRT or over) 740,919 GRT/1,191,483 DWT
by type: bulk 6, cargo 7, container 2, liquefied gas 5, multi-functional large load carrier 1, passenger 1, passenger/cargo 1, petroleum tanker 16, roll on/roll off 8, short-sea/passenger 1 foreign-owned: Belgium 1, Denmark 2, Greece 2, Spain 1, United States 2 registered in other countries: 4 (2004 est.) |
| Military - note | defense is the responsibility of Denmark | - |
| Military branches | no regular military forces | National Armed Forces (Fuerzas Armadas Nacionales or FAN) includes Ground Forces or Army (Fuerzas Terrestres or Ejercito), Naval Forces (Fuerzas Navales or Armada - including marines and Coast Guard), Air Force (Fuerzas Aereas or Aviacion), Armed Forces of Cooperation or National Guard (Fuerzas Armadas de Cooperacion or Guardia Nacional) |
| Military expenditures - dollar figure | NA | $1,125.6 million (2003) |
| Military expenditures - percent of GDP | NA | 1.3% (2003) |
| Military manpower - availability | - | males age 15-49: 6,886,775 (2004 est.) |
| Military manpower - fit for military service | - | males age 15-49: 4,953,803 (2004 est.) |
| Military manpower - reaching military age annually | - | males: 250,730 (2004 est.) |
| National holiday | Olaifest (Olavasoka), 29 July | Independence Day, 5 July (1811) |
| Nationality | noun: Faroese (singular and plural)
adjective: Faroese |
noun: Venezuelan(s)
adjective: Venezuelan |
| Natural hazards | NA | subject to floods, rockslides, mudslides; periodic droughts |
| Natural resources | fish, whales, hydropower, possible oil and gas | petroleum, natural gas, iron ore, gold, bauxite, other minerals, hydropower, diamonds |
| Net migration rate | 0.47 migrant(s)/1,000 population (2006 est.) | -0.04 migrant(s)/1,000 population (2004 est.) |
| Pipelines | - | extra heavy crude 992 km; gas 5,262 km; oil 7,360 km; refined products 1,681 km; unknown (oil/water) 141 km (2004) |
| 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] | Democratic Action or AD [Henry RAMOS Allup]; Fifth Republic Movement or MVR [Hugo CHAVEZ]; Homeland for All or PPT [Jose ALBORNOZ]; Justice First [Julio BORGES]; Movement Toward Socialism or MAS [Hector MUJICA]; National Convergence or Convergencia [Juan Jose CALDERA]; Radical Cause or La Causa R [Andres VELASQUEZ]; Social Christian Party or COPEI [Eduardo FERNANDEZ]; Venezuela Project or PV [Henrique SALAS Romer] |
| Political pressure groups and leaders | NA | FEDECAMARAS, a conservative business group; VECINOS groups; Venezuelan Confederation of Workers or CTV (labor organization dominated by the Democratic Action) |
| Population | 47,246 (July 2006 est.) | 25,017,387 (July 2004 est.) |
| Population below poverty line | NA% | 47% (1998 est.) |
| Population growth rate | 0.58% (2006 est.) | 1.44% (2004 est.) |
| Ports and harbors | - | Amuay, Bajo Grande, El Tablazo, La Guaira, La Salina, Maracaibo, Matanzas, Palua, Puerto Cabello, Puerto la Cruz, Puerto Ordaz, Puerto Sucre, Punta Cardon |
| Radio broadcast stations | AM 1, FM 13, shortwave 0 (1998) | AM 201, FM NA (20 in Caracas), shortwave 11 (1998) |
| Railways | - | total: 682 km
standard gauge: 682 km 1.435-m gauge (2003) |
| Religions | Evangelical Lutheran | nominally Roman Catholic 96%, Protestant 2%, other 2% |
| 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: 1.08 male(s)/female
under 15 years: 1.07 male(s)/female 15-64 years: 1.01 male(s)/female 65 years and over: 0.83 male(s)/female total population: 1.02 male(s)/female (2004 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: modern and expanding
domestic: domestic satellite system with 3 earth stations; recent substantial improvement in telephone service in rural areas; substantial increase in digitalization of exchanges and trunk lines; installation of a national interurban fiber-optic network capable of digital multimedia services international: country code - 58; 3 submarine coaxial cables; satellite earth stations - 1 Intelsat (Atlantic Ocean) and 1 PanAmSat; participating with Colombia, Ecuador, Peru, and Bolivia in the construction of an international fiber-optic network |
| Telephones - main lines in use | 23,800 (2005) | 2,841,800 (2002) |
| Telephones - mobile cellular | 42,500 (2005) | 6,463,600 (2002) |
| Television broadcast stations | 3 (plus 43 low-power repeaters) (September 1995) | 66 (plus 45 repeaters) (1997) |
| Terrain | rugged, rocky, some low peaks; cliffs along most of coast | Andes Mountains and Maracaibo Lowlands in northwest; central plains (llanos); Guiana Highlands in southeast |
| Total fertility rate | 2.17 children born/woman (2006 est.) | 2.31 children born/woman (2004 est.) |
| Unemployment rate | 1% (October 2000) | 18% (2003 est.) |
| Waterways | - | 7,100 km
note: Orinoco River and Lake de Maracaibo navigable by oceangoing vessels, Orinoco for 400 km (2004) |
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