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Compare Faroe Islands (2007) - Isle of Man (2003)

Compare Faroe Islands (2007) z Isle of Man (2003)

 Faroe Islands (2007)Isle of Man (2003)
 Faroe IslandsIsle of Man
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 there are no first-order administrative divisions as defined by the US Government, but there are 24 local authorities each with its own elections
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.)
0-14 years: 17.5% (male 6,637; female 6,337)


15-64 years: 65.4% (male 24,373; female 24,165)


65 years and over: 17.1% (male 5,102; female 7,647) (2003 est.)
Agriculture - products milk, potatoes, vegetables; sheep; salmon, other fish cereals, vegetables; cattle, sheep, pigs, poultry
Airports 1 (2007) 1 (2002)
Airports - with paved runways total: 1


914 to 1,523 m: 1 (2007)
total: 1


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


land: 1,399 sq km


water: 0 sq km (some lakes and streams)
total: 572 sq km


land: 572 sq km


water: 0 sq km
Area - comparative eight times the size of Washington, DC slightly more than three 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. Part of the Norwegian Kingdom of the Hebrides until the 13th century when it was ceded to Scotland, the isle came under the British crown in 1765. Current concerns include reviving the almost extinct Manx Celtic language.
Birth rate 14.12 births/1,000 population (2007 est.) 11.38 births/1,000 population (2003 est.)
Budget revenues: $588 million


expenditures: $623 million (2005)
revenues: $485 million


expenditures: $463 million, including capital expenditures of $NA (FY00/01 est.)
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
Douglas
Climate mild winters, cool summers; usually overcast; foggy, windy temperate; cool summers and mild winters; overcast about one-third of the time
Coastline 1,117 km 160 km
Constitution 5 June 1953 (Danish constitution) unwritten; note - The Isle of Man Constitution Act, 1961, does not embody the Manx Constitution
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: Isle of Man
Currency - British pound (GBP); note - there is also a Manx pound
Death rate 8.69 deaths/1,000 population (2007 est.) 11.49 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 British crown dependency
Diplomatic representation from the US none (self-governing overseas administrative division of Denmark) none (British crown dependency)
Diplomatic representation in the US none (self-governing overseas administrative division of Denmark) none (British crown dependency)
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 none
Economic aid - recipient $105 million; note - annual subsidy from Denmark (2005) $NA
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. Offshore banking, manufacturing, and tourism are key sectors of the economy. The government's policy of offering incentives to high-technology companies and financial institutions to locate on the island has paid off in expanding employment opportunities in high-income industries. As a result, agriculture and fishing, once the mainstays of the economy, have declined in their shares of GDP. Trade is mostly with the UK. The Isle of Man enjoys free access to EU markets.
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: Irish Sea 0 m


highest point: Snaefell 621 m
Environment - current issues NA waste disposal (both household and industrial); transboundary air pollution
Environment - international agreements party to: Marine Dumping -associate member to the London Convention and Ship Pollution -
Ethnic groups Scandinavian Manx (Norse-Celtic descent), Briton
Exchange rates Danish kroner per US dollar - 5.9468 (2006), 5.9969 (2005), 5.9911 (2004), 6.5877 (2003), 7.8947 (2002) Manx pounds per US dollar - 0.6661 (2002), 0.6944 (2001), 0.6596 (2000), 0.6180 (1999), 0.6037 (1998); the Manx 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: Lord of Mann Queen ELIZABETH II (since 6 February 1952), represented by Lieutenant Governor Ian MACFADYEN (since 26 October 2002)


head of government: Chief Minister Richard CORKILL (since 6 December 2001)


cabinet: Council of Ministers


elections: the monarch is hereditary; lieutenant governor appointed by the monarch for a five-year term; the Chief Minister is elected by the Tynwald; election last held 6 December 2001 (next to be held NA December 2006)


election results: Richard CORKILL elected chief minister by the Tynwald
Exports NA bbl/day $NA
Exports - commodities fish and fish products 94%, stamps, ships (1999) tweeds, herring, processed shellfish, beef, lamb
Exports - partners Denmark 32%, UK 27%, Norway 10.2%, Nigeria 9.3%, Netherlands 5.5% (2006) UK (2000 est.)
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) red with the Three Legs of Man emblem (Trinacria), in the center; the three legs are joined at the thigh and bent at the knee; in order to have the toes pointing clockwise on both sides of the flag, a two-sided emblem is used
GDP - purchasing power parity - $1.6 billion (2001 est.)
GDP - composition by sector agriculture: 27%


industry: 11%


services: 62% (1999)
agriculture: 1%


industry: 13%


services: 86% (2000 est.)
GDP - per capita - purchasing power parity - $21,000 (2001 est.)
GDP - real growth rate 2.4% (2005 est.) 13.5%
Geographic coordinates 62 00 N, 7 00 W 54 15 N, 4 30 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 one small islet, the Calf of Man, lies to the southwest, and is a bird sanctuary
Highways - total: 800 km


paved: 800 km


unpaved: 0 km (1999)
Household income or consumption by percentage share lowest 10%: NA%


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


highest 10%: NA%
Imports NA bbl/day $NA
Imports - commodities consumer goods 36%, raw materials and semi-manufactures 32%, machinery and transport equipment 29%, fuels, fish, salt (1999) timber, fertilizers, fish
Imports - partners Denmark 53%, Norway 20.7%, Iceland 6%, Sweden 4.3% (2006) UK (2000)
Independence none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark) none (British crown dependency)
Industrial production growth rate 8% (1999 est.) 3.2% (FY 96/97)
Industries fishing, fish processing, small ship repair and refurbishment, handicrafts financial services, light manufacturing, tourism
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.)
total: 6.17 deaths/1,000 live births


male: 7.24 deaths/1,000 live births


female: 5.05 deaths/1,000 live births (2003 est.)
Inflation rate (consumer prices) 1.8% (2005) 3.6% (March 2003 est.)
International organization participation Arctic Council, IMO (associate), NC, NIB, UPU none
Internet Service Providers (ISPs) - NA
Irrigated land 0 sq km 0 sq km (1998 est.)
Judicial branch none High Court of Justice (justices are appointed by the Lord Chancellor of England on the nomination of the lieutenant governor)
Labor force 24,250 (October 2000) 36,610 (1998)
Labor force - by occupation agriculture: 33%


industry: 33%


services: 34% (October 2000)
agriculture, forestry and fishing 3%, manufacturing 11%, construction 10%, transport and communication 8%, wholesale and retail distribution 11%, professional and scientific services 18%, public administration 6%, banking and finance 18%, tourism 2%, entertainment and catering 3%, miscellaneous services 10%
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% (permanent pastures, forests, mountain, and heathland) (1998 est.)
Languages Faroese (derived from Old Norse), Danish English, Manx Gaelic
Legal system the laws of Denmark, where applicable, apply English common law and Manx statute
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
bicameral Tynwald consists of the Legislative Council (an 11-member body composed of the President of Tynwald, the Lord Bishop of Sodor and Man, a nonvoting attorney general, and 8 others named by the House of Keys) and the House of Keys (24 seats; members are elected by popular vote to serve five-year terms)


elections: House of Keys - last held 22 November 2001 (next to be held NA November 2006)


election results: House of Keys - percent of vote by party - Man Labor Party 17.3%, Alliance for Progressive Government 14.6%; seats by party - Man Labor Party 2, Alliance for Progressive Government 3, independents 19
Life expectancy at birth total population: 79.49 years


male: 76.06 years


female: 82.93 years (2007 est.)
total population: 77.98 years


male: 74.62 years


female: 81.53 years (2003 est.)
Literacy definition: NA


total population: NA%


male: NA%


female: NA%


note: probably 100%, 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 Western Europe, island in the Irish Sea, between Great Britain and Ireland
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
exclusive fishing zone: 12 NM


territorial sea: 12 NM
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)
total: 211 ships (1,000 GRT or over) 5,297,301 GRT/8,703,079 DWT


ships by type: bulk 26, cargo 32, chemical tanker 20, combination bulk 2, container 22, liquefied gas 38, petroleum tanker 49, roll on/roll off 16, specialized tanker 1, vehicle carrier 5


note: includes some foreign-owned ships registered here as a flag of convenience: Denmark 45, France 1, Germany 48, Greece 6, Hong Kong 10, Iceland 1, Italy 8, Monaco 7, Netherlands 3, Norway 5, Sweden 4, Switzerland 2, UK 70, US 1 (2002 est.)
Military - note defense is the responsibility of Denmark defense is the responsibility of the UK
Military branches no regular military forces -
Military expenditures - percent of GDP NA -
National holiday Olaifest (Olavasoka), 29 July Tynwald Day, 5 July
Nationality noun: Faroese (singular and plural)


adjective: Faroese
noun: Manxman (men), Manxwoman (women)


adjective: Manx
Natural hazards NA NA
Natural resources fish, whales, hydropower, possible oil and gas none
Net migration rate 0 migrant(s)/1,000 population (2007 est.) 5.39 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 Leo JOHANNESEN] Man Labor Party [leader NA]; Alliance for Progressive Government [leader NA]; Man Nationalist Party [leader NA]


note: most members sit as independents
Political pressure groups and leaders NA none
Population 47,511 (July 2007 est.) 74,261 (July 2003 est.)
Population below poverty line NA% NA%
Population growth rate 0.543% (2007 est.) 0.53% (2003 est.)
Ports and harbors - Castletown, Douglas, Peel, Ramsey
Radio broadcast stations AM 1, FM 13, shortwave 0 (1998) AM 1, FM 1, shortwave 0 (1998)
Railways - total: 60 km (35 km electrified) (2002)
Religions Evangelical Lutheran Anglican, Roman Catholic, Methodist, Baptist, Presbyterian, Society of Friends
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.)
at birth: 1.05 male(s)/female


under 15 years: 1.05 male(s)/female


15-64 years: 1.01 male(s)/female


65 years and over: 0.67 male(s)/female


total population: 0.95 male(s)/female (2003 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: landline, telefax, mobile cellular telephone system


international: fiber-optic cable, microwave radio relay, satellite earth station, submarine cable
Telephones - main lines in use 23,000 (2006) 51,000 (1999)
Telephones - mobile cellular 50,000 (2006) NA
Television broadcast stations 3 (plus 43 repeaters) (September 1995) 0 (receives broadcasts from the UK and satellite) (1999)
Terrain rugged, rocky, some low peaks; cliffs along most of coast hills in north and south bisected by central valley
Total fertility rate 2.15 children born/woman (2007 est.) 1.65 children born/woman (2003 est.)
Unemployment rate 2.1% (2006) 0.7% (March 2003)
Waterways - none
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