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Compare Faroe Islands (2008) - Turks and Caicos Islands (2004)

Compare Faroe Islands (2008) z Turks and Caicos Islands (2004)

 Faroe Islands (2008)Turks and Caicos Islands (2004)
 Faroe IslandsTurks and Caicos Islands
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 none (overseas territory of the UK)
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: 32.5% (male 3,301; female 3,184)


15-64 years: 63.8% (male 6,696; female 6,036)


65 years and over: 3.7% (male 327; female 412) (2004 est.)
Agriculture - products milk, potatoes, vegetables; sheep; salmon, other fish corn, beans, cassava (tapioca), citrus fruits; fish
Airports 1 (2007) 8 (2003 est.)
Airports - with paved runways total: 1


914 to 1,523 m: 1 (2007)
total: 6


1,524 to 2,437 m: 3


914 to 1,523 m: 1


under 914 m: 2 (2004 est.)
Airports - with unpaved runways - total: 2


under 914 m: 2 (2004 est.)
Area total: 1,399 sq km


land: 1,399 sq km


water: 0 sq km (some lakes and streams)
total: 430 sq km


land: 430 sq km


water: 0 sq km
Area - comparative eight times the size of Washington, DC 2.5 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. The islands were part of the UK's Jamaican colony until 1962, when they assumed the status of a separate crown colony upon Jamaica's independence. The governor of The Bahamas oversaw affairs from 1965 to 1973. With Bahamian independence, the islands received a separate governor in 1973. Although independence was agreed upon for 1982, the policy was reversed and the islands remain a British overseas territory.
Birth rate 14.12 births/1,000 population (2007 est.) 22.85 births/1,000 population (2004 est.)
Budget revenues: $588 million


expenditures: $623 million (2005)
revenues: $47 million


expenditures: $33.6 million, including capital expenditures of NA (1997-98 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
Grand Turk (Cockburn Town)
Climate mild winters, cool summers; usually overcast; foggy, windy tropical; marine; moderated by trade winds; sunny and relatively dry
Coastline 1,117 km 389 km
Constitution 5 June 1953 (Danish constitution) introduced 30 August 1976; suspended in 1986; restored and revised 5 March 1988
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: Turks and Caicos Islands
Currency - US dollar (USD)
Death rate 8.69 deaths/1,000 population (2007 est.) 4.26 deaths/1,000 population (2004 est.)
Debt - external $64 million (1999) NA (2002 est.)
Dependency status part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark since 1948 overseas territory of the UK
Diplomatic representation from the US none (self-governing overseas administrative division of Denmark) none (overseas territory of the UK)
Diplomatic representation in the US none (self-governing overseas administrative division of Denmark) none (overseas territory of the UK)
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 have received Haitians fleeing economic collapse and civil unrest
Economic aid - recipient $105 million; note - annual subsidy from Denmark (2005) $4.1 million (1997)
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. The Turks and Caicos economy is based on tourism, fishing, and offshore financial services. Most capital goods and food for domestic consumption are imported. The US is the leading source of tourists, accounting for more than half of the 93,000 visitors in the late 1990s. Major sources of government revenue include fees from offshore financial activities and customs receipts. Tourism fell by 6% in 2002.
Electricity - consumption 269.7 million kWh (2005) 4.65 million kWh (2001)
Electricity - exports 0 kWh (2005) 0 kWh (2001)
Electricity - imports 0 kWh (2005) 0 kWh (2001)
Electricity - production 290 million kWh (2005) 5 million kWh (2001)
Elevation extremes lowest point: Atlantic Ocean 0 m


highest point: Slaettaratindur 882 m
lowest point: Caribbean Sea 0 m


highest point: Blue Hills 49 m
Environment - current issues NA limited natural fresh water resources, private cisterns collect rainwater
Environment - international agreements party to: Marine Dumping -associate member to the London Convention and Ship Pollution -
Ethnic groups Scandinavian black 90%, mixed, European, or North American 10%
Exchange rates Danish kroner per US dollar - 5.4797 (2007), 5.9468 (2006), 5.9969 (2005), 5.9911 (2004), 6.5877 (2003) the US dollar is used
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: Queen ELIZABETH II (since 6 February 1953), represented by Governor Jim POSTON (since 16 December 2002)


head of government: Chief Minister Michael Eugene MISICK (since 15 August 2003)


cabinet: Executive Council consists of three ex officio members and five appointed by the governor from among the members of the Legislative Council


elections: none; the monarch is hereditary; governor appointed by the monarch; following legislative elections, the leader of the majority party is appointed chief minister by the governor
Exports 0 bbl/day (2004) NA (2001)
Exports - commodities fish and fish products 94%, stamps, ships (1999) lobster, dried and fresh conch, conch shells
Exports - partners Denmark 31%, UK 27.4%, Norway 10.3%, Nigeria 9.5%, Netherlands 5.6% (2006) US, UK
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) blue, with the flag of the UK in the upper hoist-side quadrant and the colonial shield centered on the outer half of the flag; the shield is yellow and contains a conch shell, lobster, and cactus
GDP - purchasing power parity - $231 million (2000 est.)
GDP - composition by sector agriculture: 27%


industry: 11%


services: 62% (1999)
agriculture: NA


industry: NA


services: NA (2001 est.)
GDP - per capita - purchasing power parity - $9,600 (2000 est.)
GDP - real growth rate 2.4% (2005 est.) 4.9% (2000 est.)
Geographic coordinates 62 00 N, 7 00 W 21 45 N, 71 35 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 about 40 islands (eight inhabited)
Highways - total: 121 km


paved: 24 km


unpaved: 97 km (2000)
Household income or consumption by percentage share lowest 10%: NA%


highest 10%: NA%
lowest 10%: NA


highest 10%: NA
Illicit drugs - transshipment point for South American narcotics destined for the US and Europe
Imports 4,580 bbl/day (2004) NA (2001)
Imports - commodities consumer goods 36%, raw materials and semi-manufactures 32%, machinery and transport equipment 29%, fuels, fish, salt (1999) food and beverages, tobacco, clothing, manufactures, construction materials
Imports - partners Denmark 52.6%, Norway 20.7%, Iceland 6.1%, Sweden 4.3% (2006) US, UK
Independence none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark) none (overseas territory of the UK)
Industrial production growth rate 8% (1999 est.) NA
Industries fishing, fish processing, small ship repair and refurbishment, handicrafts tourism, offshore financial services
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: 16.27 deaths/1,000 live births


male: 18.79 deaths/1,000 live births


female: 13.61 deaths/1,000 live births (2004 est.)
Inflation rate (consumer prices) 1.8% (2005) 4% (1995)
International organization participation Arctic Council, IMO (associate), NC, NIB, UPU Caricom (associate), CDB, Interpol (subbureau), UPU
Irrigated land 0 sq km NA sq km
Judicial branch none Supreme Court
Labor force 24,250 (October 2000) 4,848 (1990 est.)
Labor force - by occupation agriculture: 33%


industry: 33%


services: 34% (October 2000)
about 33% in government and 20% in agriculture and fishing; significant numbers in tourism, financial, and other services
Land boundaries 0 km 0 km
Land use arable land: 2.14%


permanent crops: 0%


other: 97.86% (2005)
arable land: 2.33%


permanent crops: 0%


other: 97.67% (2001)
Languages Faroese (derived from Old Norse), Danish English (official)
Legal system the laws of Denmark, where applicable, apply based on laws of England and Wales, with a few adopted from Jamaica and The Bahamas
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 Legislative Council (19 seats of which 13 are popularly elected; members serve four-year terms)


elections: last held 24 April 2003 (next to be held in 2007)


election results: percent of vote by party - PDM 53.8%, PNP 46.2%; seats by party - PDM 7, PNP 6; note - in by-elections held 7 August 2003, the PNP gained two seats for a majority of 8 seats; PDM now has 5
Life expectancy at birth total population: 79.49 years


male: 76.06 years


female: 82.93 years (2007 est.)
total population: 74.25 years


male: 72.05 years


female: 76.57 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 has ever attended school


total population: 98%


male: 99%


female: 98% (1970 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 Caribbean, two island groups in the North Atlantic Ocean, southeast of The Bahamas, north of Haiti
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: 12 nm


exclusive fishing zone: 200 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)
none
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 Constitution Day, 30 August (1976)
Nationality noun: Faroese (singular and plural)


adjective: Faroese
noun: none


adjective: none
Natural hazards NA frequent hurricanes
Natural resources fish, whales, hydropower, possible oil and gas spiny lobster, conch
Net migration rate 0 migrant(s)/1,000 population (2007 est.) 11.68 migrant(s)/1,000 population (2004 est.)
People - note - destination and transit point for illegal Haitian immigrants bound for the Turks and Caicos Islands, Bahamas, and US
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] People's Democratic Movement or PDM [Derek H. TAYLOR]; Progressive National Party or PNP [Michael Eugene MISICK]; United Democratic Party or UDP [Wendal SWANN]
Political pressure groups and leaders NA NA
Population 47,511 (July 2007 est.) 19,956 (July 2004 est.)
Population below poverty line NA% NA
Population growth rate 0.543% (2007 est.) 3.03% (2004 est.)
Ports and harbors - Grand Turk, Providenciales
Radio broadcast stations AM 1, FM 13, shortwave 0 (1998) AM 2, FM 7, shortwave 0 (2004)
Religions Evangelical Lutheran Baptist 40%, Methodist 16%, Anglican 18%, Church of God 12%, other 14% (1990)
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: 1.11 male(s)/female


65 years and over: 0.79 male(s)/female


total population: 1.07 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: fair cable and radiotelephone services


domestic: NA


international: country code - 1-649; 2 submarine cables; satellite earth station - 1 Intelsat (Atlantic Ocean)
Telephones - main lines in use 23,000 (2006) 5,700 (2002)
Telephones - mobile cellular 50,000 (2006) 1,700 (1999)
Television broadcast stations 3 (plus 43 repeaters) (September 1995) 0 (broadcasts from The Bahamas are received; 2 cable television networks) (2004)
Terrain rugged, rocky, some low peaks; cliffs along most of coast low, flat limestone; extensive marshes and mangrove swamps
Total fertility rate 2.15 children born/woman (2007 est.) 3.11 children born/woman (2004 est.)
Unemployment rate 2.1% (2006) 10% (1997 est.)
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