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Compare Faroe Islands (2007) - Arctic Ocean (2002)

Compare Faroe Islands (2007) z Arctic Ocean (2002)

 Faroe Islands (2007)Arctic Ocean (2002)
 Faroe IslandsArctic Ocean
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 34 municipalities -
Age structure 0-14 years: 20.6% (male 4,882/female 4,904)


15-64 years: 65.3% (male 16,353/female 14,668)


65 years and over: 14.1% (male 3,041/female 3,663) (2007 est.)
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Agriculture - products milk, potatoes, vegetables; sheep; salmon, other fish -
Airports 1 (2007) -
Airports - with paved runways total: 1


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


land: 1,399 sq km


water: 0 sq km (some lakes and streams)
total: 14.056 million sq km


note: includes Baffin Bay, Barents Sea, Beaufort Sea, Chukchi Sea, East Siberian Sea, Greenland Sea, Hudson Bay, Hudson Strait, Kara Sea, Laptev Sea, Northwest Passage, and other tributary water bodies
Area - comparative eight times the size of Washington, DC slightly less than 1.5 times the size of the US
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 Arctic Ocean is the smallest of the world's five oceans (after the Pacific Ocean, Atlantic Ocean, Indian Ocean, and the recently delimited Southern Ocean). The Northwest Passage (US and Canada) and Northern Sea Route (Norway and Russia) are two important seasonal waterways. A sparse network of air, ocean, river, and land routes circumscribes the Arctic Ocean.
Birth rate 14.12 births/1,000 population (2007 est.) -
Budget revenues: $588 million


expenditures: $623 million (2005)
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Capital name: Torshavn


geographic coordinates: 62 01 N, 6 46 W


time difference: UTC 0 (5 hours ahead of Washington, DC during Standard Time)


daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October
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Climate mild winters, cool summers; usually overcast; foggy, windy polar climate characterized by persistent cold and relatively narrow annual temperature ranges; winters characterized by continuous darkness, cold and stable weather conditions, and clear skies; summers characterized by continuous daylight, damp and foggy weather, and weak cyclones with rain or snow
Coastline 1,117 km 45,389 km
Constitution 5 June 1953 (Danish constitution) -
Country name conventional long form: none


conventional short form: Faroe Islands


local long form: none


local short form: Foroyar
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Death rate 8.69 deaths/1,000 population (2007 est.) -
Debt - external $64 million (1999) -
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) -
Diplomatic representation in the US none (self-governing overseas administrative division of Denmark) -
Disputes - international because anticipated offshore hydrocarbon resources have not been realized, earlier Faroese proposals for full independence have been deferred; Iceland, the UK, and Ireland dispute Denmark's claim that the Faroe Islands' continental shelf extends beyond 200 nm some maritime disputes (see littoral states); Russia is the first state to submit data to the UN Commission on the Limits of the Continental Shelf to extend its continental shelf by claiming two undersea ridges in the Arctic Ocean
Economic aid - recipient $105 million; note - annual subsidy from Denmark (2005) -
Economy - overview The Faroese economy is dependent on fishing, which makes the economy vulnerable to price swings. Since 2003 the Faroese economy has picked up as a result of higher prices for fish and for housing. Unemployment is minimal and government finances are relatively sound. Oil finds close to the Islands give hope for economically recoverable deposits, which could eventually lay the basis for a more diversified economy and 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. Economic activity is limited to the exploitation of natural resources, including petroleum, natural gas, fish, and seals.
Electricity - consumption 269.7 million kWh (2005) -
Electricity - exports 0 kWh (2005) -
Electricity - imports 0 kWh (2005) -
Electricity - production 290 million kWh (2005) -
Elevation extremes lowest point: Atlantic Ocean 0 m


highest point: Slaettaratindur 882 m
lowest point: Fram Basin -4,665 m


highest point: sea level 0 m
Environment - current issues NA endangered marine species include walruses and whales; fragile ecosystem slow to change and slow to recover from disruptions or damage; thinning polar icepack
Environment - international agreements party to: Marine Dumping -associate member to the London Convention and Ship Pollution -
Ethnic groups Scandinavian -
Exchange rates Danish kroner per US dollar - 5.9468 (2006), 5.9969 (2005), 5.9911 (2004), 6.5877 (2003), 7.8947 (2002) -
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
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Exports NA bbl/day -
Exports - commodities fish and fish products 94%, stamps, ships (1999) -
Exports - partners Denmark 32%, UK 27%, Norway 10.2%, Nigeria 9.3%, Netherlands 5.5% (2006) -
Fiscal 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) -
GDP - composition by sector agriculture: 27%


industry: 11%


services: 62% (1999)
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GDP - real growth rate 2.4% (2005 est.) -
Geographic coordinates 62 00 N, 7 00 W 90 00 N, 0 00 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 major chokepoint is the southern Chukchi Sea (northern access to the Pacific Ocean via the Bering Strait); strategic location between North America and Russia; shortest marine link between the extremes of eastern and western Russia; floating research stations operated by the US and Russia; maximum snow cover in March or April about 20 to 50 centimeters over the frozen ocean; snow cover lasts about 10 months
Household income or consumption by percentage share lowest 10%: NA%


highest 10%: NA%
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Imports NA bbl/day -
Imports - commodities consumer goods 36%, raw materials and semi-manufactures 32%, machinery and transport equipment 29%, fuels, fish, salt (1999) -
Imports - partners Denmark 53%, Norway 20.7%, Iceland 6%, Sweden 4.3% (2006) -
Independence none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark) -
Industrial production growth rate 8% (1999 est.) -
Industries fishing, fish processing, small ship repair and refurbishment, handicrafts -
Infant mortality rate total: 6.01 deaths/1,000 live births


male: 7.25 deaths/1,000 live births


female: 4.76 deaths/1,000 live births (2007 est.)
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Inflation rate (consumer prices) 1.8% (2005) -
International organization participation Arctic Council, IMO (associate), NC, NIB, UPU -
Irrigated land 0 sq km -
Judicial branch none -
Labor force 24,250 (October 2000) -
Labor force - by occupation agriculture: 33%


industry: 33%


services: 34% (October 2000)
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Land boundaries 0 km -
Land use arable land: 2.14%


permanent crops: 0%


other: 97.86% (2005)
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Languages Faroese (derived from Old Norse), Danish -
Legal system the laws of Denmark, where applicable, apply -
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%, other 2.4%; seats by party - Republican Party 8, Union Party 7, Social Democratic Party 7, 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 in February 2009); results - percent of vote by party - NA; seats by party - Republican Party 1, People's Party 1
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Life expectancy at birth total population: 79.49 years


male: 76.06 years


female: 82.93 years (2007 est.)
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Literacy definition: NA


total population: NA%


male: NA%


female: NA%


note: probably 100%, the same as Denmark proper
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Location Northern Europe, island group between the Norwegian Sea and the North Atlantic Ocean, about one-half of the way from Iceland to Norway body of water between Europe, Asia, and North America, mostly north of the Arctic Circle
Map references Europe Arctic Region
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
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Merchant marine total: 16 ships (1000 GRT or over) 92,454 GRT/63,291 DWT


by type: cargo 10, container 2, passenger/cargo 3, petroleum tanker 1


foreign-owned: 8 (Iceland 4, Norway 4) (2007)
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Military - note defense is the responsibility of Denmark -
Military branches no regular military forces -
Military expenditures - percent of GDP NA -
National holiday Olaifest (Olavasoka), 29 July -
Nationality noun: Faroese (singular and plural)


adjective: Faroese
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Natural hazards NA ice islands occasionally break away from northern Ellesmere Island; icebergs calved from glaciers in western Greenland and extreme northeastern Canada; permafrost in islands; virtually ice locked from October to June; ships subject to superstructure icing from October to May
Natural resources fish, whales, hydropower, possible oil and gas sand and gravel aggregates, placer deposits, polymetallic nodules, oil and gas fields, fish, marine mammals (seals and whales)
Net migration rate 0 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 Leo JOHANNESEN] -
Political pressure groups and leaders NA -
Population 47,511 (July 2007 est.) -
Population below poverty line NA% -
Population growth rate 0.543% (2007 est.) -
Ports and harbors - Churchill (Canada), Murmansk (Russia), Prudhoe Bay (US)
Radio broadcast stations AM 1, FM 13, shortwave 0 (1998) -
Religions Evangelical Lutheran -
Sex ratio at birth: 1 male(s)/female


under 15 years: 0.996 male(s)/female


15-64 years: 1.115 male(s)/female


65 years and over: 0.83 male(s)/female


total population: 1.045 male(s)/female (2007 est.)
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Suffrage 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
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Telephones - main lines in use 23,000 (2006) -
Telephones - mobile cellular 50,000 (2006) -
Television broadcast stations 3 (plus 43 repeaters) (September 1995) -
Terrain rugged, rocky, some low peaks; cliffs along most of coast central surface covered by a perennial drifting polar icepack that averages about 3 meters in thickness, although pressure ridges may be three times that size; clockwise drift pattern in the Beaufort Gyral Stream, but nearly straight-line movement from the New Siberian Islands (Russia) to Denmark Strait (between Greenland and Iceland); the icepack is surrounded by open seas during the summer, but more than doubles in size during the winter and extends to the encircling landmasses; the ocean floor is about 50% continental shelf (highest percentage of any ocean) with the remainder a central basin interrupted by three submarine ridges (Alpha Cordillera, Nansen Cordillera, and Lomonosov Ridge)
Total fertility rate 2.15 children born/woman (2007 est.) -
Transportation - note - sparse network of air, ocean, river, and land routes; the Northwest Passage (North America) and Northern Sea Route (Eurasia) are important seasonal waterways
Unemployment rate 2.1% (2006) -
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