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Compare Faroe Islands (2008) - Korea, South (2001)

Compare Faroe Islands (2008) z Korea, South (2001)

 Faroe Islands (2008)Korea, South (2001)
 Faroe IslandsKorea, South
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 9 provinces (do, singular and plural) and 7 metropolitan cities* (gwangyoksi, singular and plural); Cheju-do, Cholla-bukto, Cholla-namdo, Ch'ungch'ong-bukto, Ch'ungch'ong-namdo, Inch'on-gwangyoksi*, Kangwon-do, Kwangju-gwangyoksi*, Kyonggi-do, Kyongsang-bukto, Kyongsang-namdo, Pusan-gwangyoksi*, Soul-t'ukpyolsi*, Taegu-gwangyoksi*, Taejon-gwangyoksi*, Ulsan-gwangyoksi*
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:
21.59% (male 5,475,453; female 4,864,918)

15-64 years:
71.14% (male 17,291,202; female 16,789,380)

65 years and over:
7.27% (male 1,352,312; female 2,131,105) (2001 est.)
Agriculture - products milk, potatoes, vegetables; sheep; salmon, other fish rice, root crops, barley, vegetables, fruit; cattle, pigs, chickens, milk, eggs; fish
Airports 1 (2007) 102 (2000 est.)
Airports - with paved runways total: 1


914 to 1,523 m: 1 (2007)
total:
68

over 3,047 m:
2

2,438 to 3,047 m:
18

1,524 to 2,437 m:
16

914 to 1,523 m:
11

under 914 m:
21 (2000 est.)
Airports - with unpaved runways - total:
34

914 to 1,523 m:
2

under 914 m:
32 (2000 est.)
Area total: 1,399 sq km


land: 1,399 sq km


water: 0 sq km (some lakes and streams)
total:
98,480 sq km

land:
98,190 sq km

water:
290 sq km
Area - comparative eight times the size of Washington, DC slightly larger than Indiana
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. After World War II, a republic was set up in the southern half of the Korean Peninsula while a communist-style government was installed in the north. The Korean War (1950-53) had US and other UN forces intervene to defend South Korea from North Korean attacks supported by the Chinese. An armistice was signed in 1953 splitting the peninsula at the 38th parallel known as the DMZ. Thereafter, South Korea achieved rapid economic growth, with per capita income rising to 13 times the level of North Korea. In 1997, the nation suffered a severe financial crisis from which it continues to make a solid recovery. South Korea has also maintained its commitment to democratize its political processes. In June 2000, a historic first south-north summit took place between the south's President KIM Dae-jung and the north's leader KIM Chong-il. In December 2000, President KIM Dae-jung won the Noble Peace Prize for his lifeling committment to democracy and human rights in Asia. He is the first Korean to win a Nobel Prize.
Birth rate 14.12 births/1,000 population (2007 est.) 14.85 births/1,000 population (2001 est.)
Budget revenues: $588 million


expenditures: $623 million (2005)
revenues:
$81.8 billion

expenditures:
$94.9 billion, including capital expenditures of $6.1 billion (1999)
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
Seoul
Climate mild winters, cool summers; usually overcast; foggy, windy temperate, with rainfall heavier in summer than winter
Coastline 1,117 km 2,413 km
Constitution 5 June 1953 (Danish constitution) 25 February 1988
Country name conventional long form: none


conventional short form: Faroe Islands


local long form: none


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

conventional short form:
South Korea

local long form:
Taehan-min'guk

local short form:
none

note:
the South Koreans generally use the term "Han-guk" to refer to their country

abbreviation:
ROK
Currency - South Korean won (KRW)
Death rate 8.69 deaths/1,000 population (2007 est.) 5.93 deaths/1,000 population (2001 est.)
Debt - external $64 million (1999) $137 billion (November 2000)
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 (vacant)

embassy:
82 Sejong-ro, Chongro-ku, Seoul 110-710

mailing address:
American Embassy, Unit 15550, APO AP 96205-0001

telephone:
[82] (2) 397-4114

FAX:
[82] (2) 738-8845
Diplomatic representation in the US none (self-governing overseas administrative division of Denmark) chief of mission:
Ambassador YANG Song-chol

chancery:
2450 Massachusetts Avenue NW, Washington, DC 20008

telephone:
[1] (202) 939-5600

FAX:
[1] (202) 387-0205

consulate(s) general:
Anchorage, Atlanta, Boston, Chicago, Honolulu, Houston, Los Angeles, Miami, New York, San Francisco, and Seattle

consulate(s):
Hagatna (Guam)
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 Demarcation Line with North Korea; Liancourt Rocks (Takeshima/Tokdo) disputed with Japan
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. As one of the Four Dragons of East Asia, South Korea has achieved an incredible record of growth. Three decades ago GDP per capita was comparable with levels in the poorer countries of Africa and Asia. Today its GDP per capita is seven times India's, 16 times North Korea's, and comparable to the lesser economies of the European Union. This success through the late 1980s was achieved by a system of close government/business ties, including directed credit, import restrictions, sponsorship of specific industries, and a strong labor effort. The government promoted the import of raw materials and technology at the expense of consumer goods and encouraged savings and investment over consumption. The Asian financial crisis of 1997-99 exposed certain longstanding weaknesses in South Korea's development model, including high debt/equity ratios, massive foreign borrowing, and an undisciplined financial sector. By 1999 GDP growth had recovered, reversing the substantial decline of 1998. Seoul has pressed the country's largest business groups to restructure and to strengthen their financial base. Growth in 2001 likely will be a more sustainable rate of 5%.
Electricity - consumption 269.7 million kWh (2005) 232.767 billion kWh (1999)
Electricity - exports 0 kWh (2005) 0 kWh (1999)
Electricity - imports 0 kWh (2005) 0 kWh (1999)
Electricity - production 290 million kWh (2005) 250.287 billion kWh (1999)
Electricity - production by source - fossil fuel:
59.22%

hydro:
1.64%

nuclear:
39.12%

other:
0.02% (1999)
Elevation extremes lowest point: Atlantic Ocean 0 m


highest point: Slaettaratindur 882 m
lowest point:
Sea of Japan 0 m

highest point:
Halla-san 1,950 m
Environment - current issues NA air pollution in large cities; acid rain; water pollution from the discharge of sewage and industrial effluents; drift net fishing
Environment - international agreements party to: Marine Dumping -associate member to the London Convention and Ship Pollution party to:
Antarctic-Environmental Protocol, Antarctic-Marine Living Resources, Antarctic Treaty, Biodiversity, Climate Change, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling

signed, but not ratified:
Climate Change-Kyoto Protocol
Ethnic groups Scandinavian homogeneous (except for about 20,000 Chinese)
Exchange rates Danish kroner per US dollar - 5.4797 (2007), 5.9468 (2006), 5.9969 (2005), 5.9911 (2004), 6.5877 (2003) South Korean won per US dollar - 1,271.89 (January 2001), 1,130.96 (2000), 1,188.82 (1999), 1,401.44 (1998), 951.29 (1997), 804.45 (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:
President KIM Dae-jung (since 25 February 1998)

head of government:
Prime Minister YI Han-tong (since 23 May 2000)

cabinet:
State Council appointed by the president on the prime minister's recommendation

elections:
president elected by popular vote for a single five-year term; election last held 18 December 1997 (next to be held by 18 December 2002); prime minister appointed by the president; deputy prime ministers appointed by the president on the prime minister's recommendation

election results:
KIM Dae-jung elected president; percent of vote - KIM Dae-jung (NCNP) 40.3% (with ULD partnership), YI Hoe-chang (GNP) 38.7%, YI In-che (NPP) 19.2%
Exports 0 bbl/day (2004) $172.6 billion (f.o.b., 2000)
Exports - commodities fish and fish products 94%, stamps, ships (1999) electronic products, machinery and equipment, motor vehicles, steel, ships; textiles, clothing, footwear; fish
Exports - partners Denmark 31%, UK 27.4%, Norway 10.3%, Nigeria 9.5%, Netherlands 5.6% (2006) US 20.5%, Japan 11%, China 9.5%, Hong Kong 6.3%, Taiwan 4.4% (1999)
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) white with a red (top) and blue yin-yang symbol in the center; there is a different black trigram from the ancient I Ching (Book of Changes) in each corner of the white field
GDP - purchasing power parity - $764.6 billion (2000 est.)
GDP - composition by sector agriculture: 27%


industry: 11%


services: 62% (1999)
agriculture:
5.6%

industry:
41.4%

services:
53% (1999 est.)
GDP - per capita - purchasing power parity - $16,100 (2000 est.)
GDP - real growth rate 2.4% (2005 est.) 9% (2000 est.)
Geographic coordinates 62 00 N, 7 00 W 37 00 N, 127 30 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 -
Heliports - 203 (2000 est.)
Highways - total:
87,534 km

paved:
65,388 km (including 1,996 km of expressways)

unpaved:
22,146 km (1999)
Household income or consumption by percentage share lowest 10%: NA%


highest 10%: NA%
lowest 10%:
2.9%

highest 10%:
24.3% (1993)
Imports 4,580 bbl/day (2004) $160.5 billion (f.o.b., 2000)
Imports - commodities consumer goods 36%, raw materials and semi-manufactures 32%, machinery and transport equipment 29%, fuels, fish, salt (1999) machinery, electronics and electronic equipment, oil, steel, transport equipment, textiles, organic chemicals, grains
Imports - partners Denmark 52.6%, Norway 20.7%, Iceland 6.1%, Sweden 4.3% (2006) US 20.8%, Japan 20.2%, China 7.4%, Saudi Arabia 4.7%, Australia 3.9% (1999)
Independence none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark) 15 August 1945 (from Japan)
Industrial production growth rate 8% (1999 est.) 17% (2000)
Industries fishing, fish processing, small ship repair and refurbishment, handicrafts electronics, automobile production, chemicals, shipbuilding, steel, textiles, clothing, footwear, food processing
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.)
7.71 deaths/1,000 live births (2001 est.)
Inflation rate (consumer prices) 1.8% (2005) 2.3% (2000)
International organization participation Arctic Council, IMO (associate), NC, NIB, UPU AfDB, APEC, ARF (dialogue partner), AsDB, ASEAN (dialogue partner), Australia Group, BIS, CCC, CP, EBRD, ESCAP, FAO, G-77, IAEA, IBRD, ICAO, ICC, ICFTU, ICRM, IDA, IEA (observer), IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Inmarsat, Intelsat, Interpol, IOC, IOM, ISO, ITU, MINURSO, NAM (guest), NEA, NSG, OAS (observer), OECD, OPCW, OSCE (partner), PCA, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNMOGIP, UNOMIG, UNTAET, UNU, UPU, WHO, WIPO, WMO, WToO, WTrO, ZC
Internet Service Providers (ISPs) - 11 (2000)
Irrigated land 0 sq km 13,350 sq km (1993 est.)
Judicial branch none Supreme Court (justices are appointed by the president with the consent of the National Assembly)
Labor force 24,250 (October 2000) 22 million (2000)
Labor force - by occupation agriculture: 33%


industry: 33%


services: 34% (October 2000)
services 68%, industry 20%, agriculture 12% (1999)
Land boundaries 0 km total:
238 km

border countries:
North Korea 238 km
Land use arable land: 2.14%


permanent crops: 0%


other: 97.86% (2005)
arable land:
19%

permanent crops:
2%

permanent pastures:
1%

forests and woodland:
65%

other:
13% (1993 est.)
Languages Faroese (derived from Old Norse), Danish Korean, English widely taught in junior high and high school
Legal system the laws of Denmark, where applicable, apply combines elements of continental European civil law systems, Anglo-American law, and Chinese classical thought
Legislative branch unicameral Faroese Parliament or Logting (33 seats; members are elected by popular vote on a proportional basis from the seven constituencies to serve four-year terms)


elections: last held 19 January 2008 (next to be held no later than January 2012)


election results: percent of vote by party - Union Party 21%, Social Democratic Party 19.4%, Republican Party 23.3%, People's Party 20.1%, Center Party 8.4%, Self-Government Party 7.2%, other 0.6%; seats by party - Republican Party 8, Union Party 7, Social Democratic Party 6, People's Party 7, Center Party 3, Independence Party 2


note: election of two seats to the Danish Parliament was last held on 13 November 2007 (next to be held no later than November 2011); results - percent of vote by party - NA; seats by party - Republican Party 1, Union Party 1
unicameral National Assembly or Kukhoe (273 seats total - 227 elected by direct, popular vote; members serve four-year terms)

elections:
last held 13 April 2000 (next to be held NA April 2004)

election results:
percent of vote by party - NA%; seats by party - GNP 133, MDP 115, ULD 17, other 8
Life expectancy at birth total population: 79.49 years


male: 76.06 years


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

male:
70.97 years

female:
78.74 years (2001 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:
98%

male:
99.3%

female:
96.7% (1995 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 Eastern Asia, southern half of the Korean Peninsula bordering the Sea of Japan and the Yellow Sea
Map references Europe Asia
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
contiguous zone:
24 NM

continental shelf:
not specified

exclusive economic zone:
200 NM

territorial sea:
12 NM; between 3 NM and 12 NM in the Korea Strait
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:
496 ships (1,000 GRT or over) totaling 5,421,993 GRT/8,757,034 DWT

ships by type:
bulk 105, cargo 168, chemical tanker 38, combination bulk 5, container 49, liquefied gas 16, multi-functional large-load carrier 1, passenger 3, petroleum tanker 70, refrigerated cargo 27, roll on/roll off 4, short-sea passenger 1, specialized tanker 4, vehicle carrier 5 (2000 est.)
Military - note defense is the responsibility of Denmark -
Military branches no regular military forces Army, Navy, Air Force, Marine Corps, National Maritime Police (Coast Guard)
Military expenditures - dollar figure - $12 billion (2000)
Military expenditures - percent of GDP NA 3.2% (FY98/99)
Military manpower - availability - males age 15-49:
14,148,552 (2001 est.)
Military manpower - fit for military service - males age 15-49:
8,979,778 (2001 est.)
Military manpower - military age - 18 years of age
Military manpower - reaching military age annually - males:
394,397 (2001 est.)
National holiday Olaifest (Olavasoka), 29 July Liberation Day, 15 August (1945)
Nationality noun: Faroese (singular and plural)


adjective: Faroese
noun:
Korean(s)

adjective:
Korean
Natural hazards NA occasional typhoons bring high winds and floods; low-level seismic activity common in southwest
Natural resources fish, whales, hydropower, possible oil and gas coal, tungsten, graphite, molybdenum, lead, hydropower potential
Net migration rate 0 migrant(s)/1,000 population (2007 est.) 0 migrant(s)/1,000 population (2001 est.)
Pipelines - petroleum products 455 km; note - additionally, there is a parallel petroleum, oils, and lubricants (POL) pipeline being completed
Political parties and leaders Center Party [Jenis A. RANA]; Independence Party [Kari P. HOJGAARD]; People's Party [Jorgen NICLASEN]; Republican Party [Hogni HOYDAL]; Social Democratic Party [Joannes EIDESGAARD]; Union Party [Kaj Leo JOHANNESEN] Grand National Party or GNP [YI Hoe-chang, president]; Millennium Democratic Party or MDP [KIM Dae-jung, president]; United Liberal Democrats or ULD [KIM Chong-p'il, honorary chairman, KIM Chong-ho, acting president]

note:
on 20 January 2000, the National Congress for New Politics or NCNP was renamed the Millennium Democratic Party or MDP
Political pressure groups and leaders NA Federation of Korean Industries; Federation of Korean Trade Unions; Korean Confederation of Trade Unions; Korean National Council of Churches; Korean Traders Association; Korean Veterans' Association; National Council of Labor Unions; National Democratic Alliance of Korea; National Federation of Farmers' Associations; National Federation of Student Associations
Population 47,511 (July 2007 est.) 47,904,370 (July 2001 est.)
Population below poverty line NA% NA%
Population growth rate 0.543% (2007 est.) 0.89% (2001 est.)
Ports and harbors - Chinhae, Inch'on, Kunsan, Masan, Mokp'o, P'ohang, Pusan, Tonghae-hang, Ulsan, Yosu
Radio broadcast stations AM 1, FM 13, shortwave 0 (1998) AM 106, FM 97, shortwave 6 (1999)
Radios - 47.5 million (1997)
Railways - total:
6,240 km

standard gauge:
6,240 km 1.435-m gauge (525 km electrified) (1998 est.)
Religions Evangelical Lutheran Christian 49%, Buddhist 47%, Confucianist 3%, Shamanist, Chondogyo (Religion of the Heavenly Way), and other 1%
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:
1.11 male(s)/female

under 15 years:
1.13 male(s)/female

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

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

total population:
1.01 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:
excellent domestic and international services

domestic:
NA

international:
fiber-optic submarine cable to China; the Russia-Korea-Japan submarine cable; satellite earth stations - 3 Intelsat (2 Pacific Ocean and 1 Indian Ocean) and 1 Inmarsat (Pacific Ocean region)
Telephones - main lines in use 23,000 (2006) 24 million (1999)
Telephones - mobile cellular 50,000 (2006) 27 million (June 2000)
Television broadcast stations 3 (plus 43 repeaters) (September 1995) 121 (plus 850 repeater stations and the eight-channel American Forces Korea Network) (1999)
Terrain rugged, rocky, some low peaks; cliffs along most of coast mostly hills and mountains; wide coastal plains in west and south
Total fertility rate 2.15 children born/woman (2007 est.) 1.72 children born/woman (2001 est.)
Unemployment rate 2.1% (2006) 4.1% (2000 est.)
Waterways - 1,609 km

note:
restricted to small native craft
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