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Compare Faroe Islands (2007) - Nicaragua (2006)

Compare Faroe Islands (2007) z Nicaragua (2006)

 Faroe Islands (2007)Nicaragua (2006)
 Faroe IslandsNicaragua
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 15 departments (departamentos, singular - departamento) and 2 autonomous regions* (regiones autonomistas, singular - region autonomista); Atlantico Norte*, Atlantico Sur*, Boaco, Carazo, Chinandega, Chontales, Esteli, Granada, Jinotega, Leon, Madriz, Managua, Masaya, Matagalpa, Nueva Segovia, Rio San Juan, Rivas
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: 36.4% (male 1,031,897/female 994,633)


15-64 years: 60.5% (male 1,677,633/female 1,691,353)


65 years and over: 3.1% (male 76,758/female 97,855) (2006 est.)
Agriculture - products milk, potatoes, vegetables; sheep; salmon, other fish coffee, bananas, sugarcane, cotton, rice, corn, tobacco, sesame, soya, beans; beef, veal, pork, poultry, dairy products; shrimp, lobsters
Airports 1 (2007) 176 (2006)
Airports - with paved runways total: 1


914 to 1,523 m: 1 (2007)
total: 11


2,438 to 3,047 m: 3


1,524 to 2,437 m: 2


914 to 1,523 m: 3


under 914 m: 3 (2006)
Airports - with unpaved runways - total: 165


1,524 to 2,437 m: 1


914 to 1,523 m: 23


under 914 m: 141 (2006)
Area total: 1,399 sq km


land: 1,399 sq km


water: 0 sq km (some lakes and streams)
total: 129,494 sq km


land: 120,254 sq km


water: 9,240 sq km
Area - comparative eight times the size of Washington, DC slightly smaller than the state of New York
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 Pacific coast of Nicaragua was settled as a Spanish colony from Panama in the early 16th century. Independence from Spain was declared in 1821 and the country became an independent republic in 1838. Britain occupied the Caribbean Coast in the first half of the 19th century, but gradually ceded control of the region in subsequent decades. Violent opposition to governmental manipulation and corruption spread to all classes by 1978 and resulted in a short-lived civil war that brought the Marxist Sandinista guerrillas to power in 1979. Nicaraguan aid to leftist rebels in El Salvador caused the US to sponsor anti-Sandinista contra guerrillas through much of the 1980s. Free elections in 1990, 1996, and 2001, saw the Sandinistas defeated, but voting in 2006 announced the return of former Sandinista President Daniel ORTEGA Saavedra. Nicaragua's infrastructure and economy - hard hit by the earlier civil war and by Hurricane Mitch in 1998 - are slowly being rebuilt.
Birth rate 14.12 births/1,000 population (2007 est.) 24.51 births/1,000 population (2006 est.)
Budget revenues: $588 million


expenditures: $623 million (2005)
revenues: $1.134 billion


expenditures: $1.358 billion; including capital expenditures of $NA (2005 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
name: Managua


geographic coordinates: 12 09 N, 86 17 W


time difference: UTC-6 (1 hour behind Washington, DC during Standard Time)
Climate mild winters, cool summers; usually overcast; foggy, windy tropical in lowlands, cooler in highlands
Coastline 1,117 km 910 km
Constitution 5 June 1953 (Danish constitution) 9 January 1987; reforms in 1995 and 2000
Country name conventional long form: none


conventional short form: Faroe Islands


local long form: none


local short form: Foroyar
conventional long form: Republic of Nicaragua


conventional short form: Nicaragua


local long form: Republica de Nicaragua


local short form: Nicaragua
Death rate 8.69 deaths/1,000 population (2007 est.) 4.45 deaths/1,000 population (2006 est.)
Debt - external $64 million (1999) $3.188 billion (2005 est.)
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 Paul A. TRIVELLI


embassy: Kilometer 4.5 Carretera Sur, Managua


mailing address: P.O. Box 327


telephone: [505] 266-6010


FAX: [505] 266-3861
Diplomatic representation in the US none (self-governing overseas administrative division of Denmark) chief of mission: Ambassador Salvador STADTHAGEN


chancery: 1627 New Hampshire Avenue NW, Washington, DC 20009


telephone: [1] (202) 939-6570, [1] (202) 939-6573


FAX: [1] (202) 939-6545


consulate(s) general: Houston, Los Angeles, Miami, New York, San Francisco
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 Nicaragua filed a claim against Honduras in 1999 and against Colombia in 2001 at the ICJ over disputed maritime boundary involving 50,000 sq km in the Caribbean Sea, including the Archipelago de San Andres y Providencia and Quita Sueno Bank; the 1992 ICJ ruling for El Salvador and Honduras advised a tripartite resolution to establish a maritime boundary in the Gulf of Fonseca, which considers Honduran access to the Pacific; legal dispute over navigational rights of San Juan River on border with Costa Rica
Economic aid - recipient $105 million; note - annual subsidy from Denmark (2005) $419.5 million (2005 est.)
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. Nicaragua, one of the Western Hemisphere's poorest countries, has low per capita income, widespread underemployment, and a heavy external debt burden. Distribution of income is one of the most unequal on the globe. While the country has progressed toward macroeconomic stability in the past few years, GDP annual growth has been far too low to meet the country's needs, forcing the country to rely on international economic assistance to meet fiscal and debt financing obligations. Nicaragua qualified in early 2004 for some $4.5 billion in foreign debt reduction under the Heavily Indebted Poor Countries (HIPC) initiative because of its earlier successful performances under its International Monetary Fund policy program and other efforts. In October 2005, Nicaragua ratified the US-Central America Free Trade Agreement (CAFTA), which will provide an opportunity for Nicaragua to attract investment, create jobs, and deepen economic development. High oil prices helped drive inflation to 9.6% in 2005, leading to a fall in real GDP growth to 4% from over 5% in 2004.
Electricity - consumption 269.7 million kWh (2005) 1.848 billion kWh (2004)
Electricity - exports 0 kWh (2005) 21.8 million kWh (2004)
Electricity - imports 0 kWh (2005) 23.3 million kWh (2004)
Electricity - production 290 million kWh (2005) 2.887 billion kWh (2004)
Elevation extremes lowest point: Atlantic Ocean 0 m


highest point: Slaettaratindur 882 m
lowest point: Pacific Ocean 0 m


highest point: Mogoton 2,438 m
Environment - current issues NA deforestation; soil erosion; water pollution
Environment - international agreements party to: Marine Dumping -associate member to the London Convention and Ship Pollution party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Ozone Layer Protection, Ship Pollution, Wetlands


signed, but not ratified: Environmental Modification
Ethnic groups Scandinavian mestizo (mixed Amerindian and white) 69%, white 17%, black 9%, Amerindian 5%
Exchange rates Danish kroner per US dollar - 5.9468 (2006), 5.9969 (2005), 5.9911 (2004), 6.5877 (2003), 7.8947 (2002) gold cordobas per US dollar - 16.733 (2005), 15.937 (2004), 15.105 (2003), 14.251 (2002), 13.372 (2001)
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 Enrique BOLANOS Geyer (since 10 January 2002); Vice President Alfredo GOMEZ Urcuyo (since 10 October 2005); note - the president is both chief of state and head of government; Alfredo GOMEZ Urcuyo was elected Vice President by the deputies of the National Assembly after Vice President Jose RIZO Castellon resigned on 27 September 2005


head of government: President Enrique BOLANOS Geyer (since 10 January 2002); Vice President Alfredo GOMEZ Urcuyo (since 10 October 2005)


cabinet: Council of Ministers appointed by the president


elections: president and vice president elected on the same ticket by popular vote for a five-year term (eligible for a second term); election last held 5 November 2006 (next to be held by November 2011)


election results: Daniel ORTEGA Saavedra (FSLN) elected president - 38.07%, Eduardo MONTEALEGRE (ALN) 29%, Jose RIZO (PLC) 26.21%, Edmundo JARQUIN (MRS) 6.44%; note - ORTEGA will take office 10 January 2007
Exports NA bbl/day 758.9 bbl/day (2004)
Exports - commodities fish and fish products 94%, stamps, ships (1999) coffee, beef, shrimp and lobster, tobacco, sugar, gold, peanuts
Exports - partners Denmark 32%, UK 27%, Norway 10.2%, Nigeria 9.3%, Netherlands 5.5% (2006) US 60.7%, Mexico 8.6%, El Salvador 6.2% (2005)
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 blue (top), white, and blue with the national coat of arms centered in the white band; the coat of arms features a triangle encircled by the words REPUBLICA DE NICARAGUA on the top and AMERICA CENTRAL on the bottom; similar to the flag of El Salvador, which features a round emblem encircled by the words REPUBLICA DE EL SALVADOR EN LA AMERICA CENTRAL centered in the white band; also similar to the flag of Honduras, which has five blue stars arranged in an X pattern centered in the white band
GDP - composition by sector agriculture: 27%


industry: 11%


services: 62% (1999)
agriculture: 16.5%


industry: 27.5%


services: 56% (2005 est.)
GDP - real growth rate 2.4% (2005 est.) 4% (2005 est.)
Geographic coordinates 62 00 N, 7 00 W 13 00 N, 85 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 largest country in Central America; contains the largest freshwater body in Central America, Lago de Nicaragua
Household income or consumption by percentage share lowest 10%: NA%


highest 10%: NA%
lowest 10%: 1.2%


highest 10%: 45% (2001)
Illicit drugs - transshipment point for cocaine destined for the US and transshipment point for arms-for-drugs dealing
Imports NA bbl/day 15,560 bbl/day (2005 est.)
Imports - commodities consumer goods 36%, raw materials and semi-manufactures 32%, machinery and transport equipment 29%, fuels, fish, salt (1999) consumer goods, machinery and equipment, raw materials, petroleum products
Imports - partners Denmark 53%, Norway 20.7%, Iceland 6%, Sweden 4.3% (2006) US 19.6%, Mexico 10.3%, Venezuela 9.5%, Costa Rica 8.5%, Guatemala 6.7%, El Salvador 4.5%, South Korea 4.1% (2005)
Independence none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark) 15 September 1821 (from Spain)
Industrial production growth rate 8% (1999 est.) 2.4% (2005 est.)
Industries fishing, fish processing, small ship repair and refurbishment, handicrafts food processing, chemicals, machinery and metal products, textiles, clothing, petroleum refining and distribution, beverages, footwear, wood
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: 28.11 deaths/1,000 live births


male: 31.51 deaths/1,000 live births


female: 24.54 deaths/1,000 live births (2006 est.)
Inflation rate (consumer prices) 1.8% (2005) 9.6% (2005 est.)
International organization participation Arctic Council, IMO (associate), NC, NIB, UPU BCIE, CACM, FAO, G-77, IADB, IAEA, IBRD, ICAO, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO (correspondent), ITU, LAES, LAIA (observer), MIGA, NAM, OAS, OPANAL, OPCW, PCA, RG, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UPU, WCL, WCO, WHO, WIPO, WMO, WToO, WTO
Irrigated land 0 sq km 610 sq km (2003)
Judicial branch none Supreme Court or Corte Suprema (16 judges elected for five-year terms by the National Assembly)
Labor force 24,250 (October 2000) 2.01 million (2005 est.)
Labor force - by occupation agriculture: 33%


industry: 33%


services: 34% (October 2000)
agriculture: 30.5%


industry: 17.3%


services: 52.2% (2003 est.)
Land boundaries 0 km total: 1,231 km


border countries: Costa Rica 309 km, Honduras 922 km
Land use arable land: 2.14%


permanent crops: 0%


other: 97.86% (2005)
arable land: 14.81%


permanent crops: 1.82%


other: 83.37% (2005)
Languages Faroese (derived from Old Norse), Danish Spanish 97.5% (official), Miskito 1.7%, other 0.8% (1995 census)


note: English and indigenous languages on Atlantic coast
Legal system the laws of Denmark, where applicable, apply civil law system; Supreme Court may review administrative acts; accepts 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%, 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
unicameral National Assembly or Asamblea Nacional (92 seats; members are elected by proportional representation and party lists to serve five-year terms; 1 seat for the previous president, 1 seat for the runner-up in previous presidential election)


elections: last held 5 November 2006 (next to be held by November 2011)


election results: percent of vote by party - NA; seats by party - FSLN 38, PLC 25, ALN 23 (22 plus one for presidential candidate Eduardo MONTEALEGRE, runner-up in the 2006 presidential election), MRS 5, APRE 1 (outgoing President Enrique BOLANOS)
Life expectancy at birth total population: 79.49 years


male: 76.06 years


female: 82.93 years (2007 est.)
total population: 70.63 years


male: 68.55 years


female: 72.81 years (2006 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: 67.5%


male: 67.2%


female: 67.8% (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 Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Costa Rica and Honduras
Map references Europe Central America and the Caribbean
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: 200 nm


continental shelf: natural prolongation
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)
-
Military - note defense is the responsibility of Denmark -
Military branches no regular military forces Army (includes Navy, Air Force)
Military expenditures - dollar figure - $32.27 million (2005 est.)
Military expenditures - percent of GDP NA 0.7% (2005 est.)
National holiday Olaifest (Olavasoka), 29 July Independence Day, 15 September (1821)
Nationality noun: Faroese (singular and plural)


adjective: Faroese
noun: Nicaraguan(s)


adjective: Nicaraguan
Natural hazards NA destructive earthquakes, volcanoes, landslides; extremely susceptible to hurricanes
Natural resources fish, whales, hydropower, possible oil and gas gold, silver, copper, tungsten, lead, zinc, timber, fish
Net migration rate 0 migrant(s)/1,000 population (2007 est.) -1.17 migrant(s)/1,000 population (2006 est.)
Pipelines - oil 54 km (2006)
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] Alliance for the Republic or APRE [Miguel LOPEZ Baldizon]; Central American Unionist Party or PUCA [Blanca ROJAS]; Christian Alternative Party or AC [Orlando TARDENCILLA Espinoza]; Conservative Party or PC [Mario Sebastian RAPPACCIOLI]; Independent Liberal Party or PLI [Anibal MARTINEZ Nunez, Pedro REYES Vallejos]; Independent Liberal Party for National Unity or PLIUN [Carlos GUERRA Gallardo]; Liberal Constitutional Party or PLC [Jorge CASTILLO Quant]; Liberal Salvation Movement or MSL [Eliseo NUNEZ Hernandez]; New Liberal Party or PALI [Adolfo GARCIA Esquivel]; Nicaraguan Liberal Alliance or ALN [Eduardo MONTEALEGRE]; Nicaraguan Party of the Christian Path or PCCN [Guillermo OSORNO Molina]; Nicaraguan Resistance Party or PRN [Salvador TALAVERA]; Sandinista National Liberation Front or FSLN [Daniel ORTEGA Saavedra]; Sandinista Renovation Movement or MRS [Dora Maria TELLEZ]; Unity Alliance or AU
Political pressure groups and leaders NA National Workers Front or FNT is a Sandinista umbrella group of eight labor unions including - Farm Workers Association or ATC, Health Workers Federation or FETASALUD, Heroes and Martyrs Confederation of Professional Associations or CONAPRO, National Association of Educators of Nicaragua or ANDEN, National Union of Employees or UNE, National Union of Farmers and Ranchers or UNAG, Sandinista Workers Central or CST, and Union of Journalists of Nicaragua or UPN; Permanent Congress of Workers or CPT is an umbrella group of four non-Sandinista labor unions including - Autonomous Nicaraguan Workers Central or CTN-A, Confederation of Labor Unification or CUS, Independent General Confederation of Labor or CGT-I, and Labor Action and Unity Central or CAUS; Nicaraguan Workers' Central or CTN is an independent labor union; Superior Council of Private Enterprise or COSEP is a confederation of business groups
Population 47,511 (July 2007 est.) 5,570,129 (July 2006 est.)
Population below poverty line NA% 50% (2001 est.)
Population growth rate 0.543% (2007 est.) 1.89% (2006 est.)
Radio broadcast stations AM 1, FM 13, shortwave 0 (1998) AM 63, FM 32, shortwave 1 (1998)
Railways - total: 6 km


narrow gauge: 6 km 1.067-m gauge (2005)
Religions Evangelical Lutheran Roman Catholic 72.9%, Evangelical 15.1%, Moravian 1.5%, Episcopal 0.1%, other 1.9%, none 8.5% (1995 census)
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: 1.04 male(s)/female


15-64 years: 0.99 male(s)/female


65 years and over: 0.78 male(s)/female


total population: 1 male(s)/female (2006 est.)
Suffrage 18 years of age; universal 16 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: inadequate system being upgraded by foreign investment


domestic: low-capacity microwave radio relay and wire system being expanded; connected to Central American Microwave System


international: country code - 505; satellite earth stations - 1 Intersputnik (Atlantic Ocean region) and 1 Intelsat (Atlantic Ocean)
Telephones - main lines in use 23,000 (2006) 220,900 (2005)
Telephones - mobile cellular 50,000 (2006) 1.119 million (2005)
Television broadcast stations 3 (plus 43 repeaters) (September 1995) 3 (plus seven low-power repeaters) (1997)
Terrain rugged, rocky, some low peaks; cliffs along most of coast extensive Atlantic coastal plains rising to central interior mountains; narrow Pacific coastal plain interrupted by volcanoes
Total fertility rate 2.15 children born/woman (2007 est.) 2.75 children born/woman (2006 est.)
Unemployment rate 2.1% (2006) 5.6% plus underemployment of 46.5% (2005 est.)
Waterways - 2,220 km (including lakes Managua and Nicaragua) (2005)
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