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Compare Faroe Islands (2008) - World (2004)

Compare Faroe Islands (2008) z World (2004)

 Faroe Islands (2008)World (2004)
 Faroe IslandsWorld
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 271 nations, dependent areas, and other entities
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: 28.2% (male 925,276,767; female 875,567,830)


15-64 years: 64.5% (male 2,083,789,165; female 2,033,226,759)


65 years and over: 7.2% (male 203,286,504; female 257,705,851)


note: some countries do not maintain age structure information, thus a slight discrepancy exists between the total world population and the total for world age structure (2004 est.)
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: 510.072 million sq km


land: 148.94 million sq km


water: 361.132 million sq km


note: 70.8% of the world's surface is water, 29.2% is land
Area - comparative eight times the size of Washington, DC land area about 16 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. Globally, the 20th century was marked by: (a) two devastating world wars; (b) the Great Depression of the 1930s; (c) the end of vast colonial empires; (d) rapid advances in science and technology, from the first airplane flight at Kitty Hawk, North Carolina (US) to the landing on the moon; (e) the Cold War between the Western alliance and the Warsaw Pact nations; (f) a sharp rise in living standards in North America, Europe, and Japan; (g) increased concerns about the environment, including loss of forests, shortages of energy and water, the decline in biological diversity, and air pollution; (h) the onset of the AIDS epidemic; and (i) the ultimate emergence of the US as the only world superpower. The planet's population continues to explode: from 1 billion in 1820, to 2 billion in 1930, 3 billion in 1960, 4 billion in 1974, 5 billion in 1988, and 6 billion in 2000. For the 21st century, the continued exponential growth in science and technology raises both hopes (e.g., advances in medicine) and fears (e.g., development of even more lethal weapons of war).
Birth rate 14.12 births/1,000 population (2007 est.) 20.24 births/1,000 population (2004 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 two large areas of polar climates separated by two rather narrow temperate zones form a wide equatorial band of tropical to subtropical climates
Coastline 1,117 km 356,000 km


note: 98 nations and other entities are islands that border no other countries, they include: American Samoa, Anguilla, Antigua and Barbuda, Aruba, Ashmore and Cartier Islands, The Bahamas, Bahrain, Baker Island, Barbados, Bassas da India, Bermuda, Bouvet Island, British Indian Ocean Territory, British Virgin Islands, Cape Verde, Cayman Islands, Christmas Island, Clipperton Island, Cocos (Keeling) Islands, Comoros, Cook Islands, Coral Sea Islands, Cuba, Cyprus, Dominica, Europa Island, Falkland Islands (Islas Malvinas), Faroe Islands, Fiji, French Polynesia, French Southern and Antarctic Lands, Glorioso Islands, Greenland, Grenada, Guam, Guernsey, Heard Island and McDonald Islands, Howland Island, Iceland, Jamaica, Jan Mayen, Japan, Jarvis Island, Jersey, Johnston Atoll, Juan de Nova Island, Kingman Reef, Kiribati, Madagascar, Maldives, Malta, Isle of Man, Marshall Islands, Martinique, Mauritius, Mayotte, Federated States of Micronesia, Midway Islands, Montserrat, Nauru, Navassa Island, New Caledonia, New Zealand, Niue, Norfolk Island, Northern Mariana Islands, Palau, Palmyra Atoll, Paracel Islands, Philippines, Pitcairn Islands, Puerto Rico, Reunion, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Samoa, Sao Tome and Principe, Seychelles, Singapore, Solomon Islands, South Georgia and the South Sandwich Islands, Spratly Islands, Sri Lanka, Svalbard, Tokelau, Tonga, Trinidad and Tobago, Tromelin Island, Turks and Caicos Islands, Tuvalu, Vanuatu, Virgin Islands, Wake Island, Wallis and Futuna, Taiwan
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.) 8.86 deaths/1,000 population (2004 est.)
Debt - external $64 million (1999) $2 trillion for less developed countries (2002 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) -
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 stretching over 250,000 km, the world's 325 international land boundaries separate the 192 independent states and 72 dependencies, areas of special sovereignty, and other miscellaneous entities; ethnicity, culture, race, religion, and language have divided states into separate political entities as much as history, physical terrain, political fiat, or conquest, resulting in sometimes arbitrary and imposed boundaries; maritime states have claimed limits and have so far established over 130 maritime boundaries and joint development zones to allocate ocean resources and to provide for national security at sea; boundary, borderland/resource, and territorial disputes vary in intensity from managed or dormant to violent or militarized; most disputes over the alignment of political boundaries are confined to short segments and are today less common and less hostile than borderland, resource, and territorial disputes; undemarcated, indefinite, porous, and unmanaged boundaries, however, encourage illegal cross-border activities, uncontrolled migration, and confrontation; territorial disputes may evolve from historical and/or cultural claims, or they may be brought on by resource competition; ethnic clashes continue to be responsible for much of the territorial fragmentation around the world; disputes over islands at sea or in rivers frequently form the source of territorial and boundary conflict; other sources of contention include access to water and mineral (especially petroleum) resources, fisheries, and arable land; nonetheless, most nations cooperate to clarify their international boundaries and to resolve territorial and resource disputes peacefully; regional discord directly affects the sustenance and welfare of local populations, often leaving the world community to cope with resultant refugees, hunger, disease, impoverishment, deforestation, and desertification
Economic aid - recipient $105 million; note - annual subsidy from Denmark (2005) official development assistance (ODA) $50 billion
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. Global output rose by 3.7% in 2003, led by China (9.1%), India (7.6%), and Russia (7.3%). The other 14 successor nations of the USSR and the other old Warsaw Pact nations again experienced widely divergent growth rates; the three Baltic nations continued as strong performers, in the 5%-7% range of growth. Growth results posted by the major industrial countries varied from a loss by Germany (-0.1%) to a strong gain by the United States (3.1%). The developing nations also varied in their growth results, with many countries facing population increases that erode gains in output. Externally, the nation-state, as a bedrock economic-political institution, is steadily losing control over international flows of people, goods, funds, and technology. Internally, the central government often finds its control over resources slipping as separatist regional movements - typically based on ethnicity - gain momentum, e.g., in many of the successor states of the former Soviet Union, in the former Yugoslavia, in India, in Iraq, in Indonesia, and in Canada. Externally, the central government is losing decision-making powers to international bodies. In Western Europe, governments face the difficult political problem of channeling resources away from welfare programs in order to increase investment and strengthen incentives to seek employment. The addition of 80 million people each year to an already overcrowded globe is exacerbating the problems of pollution, desertification, underemployment, epidemics, and famine. Because of their own internal problems and priorities, the industrialized countries devote insufficient resources to deal effectively with the poorer areas of the world, which, at least from the economic point of view, are becoming further marginalized. The introduction of the euro as the common currency of much of Western Europe in January 1999, while paving the way for an integrated economic powerhouse, poses economic risks because of varying levels of income and cultural and political differences among the participating nations. The terrorist attacks on the US on 11 September 2001 accentuate a further growing risk to global prosperity, illustrated, for example, by the reallocation of resources away from investment to anti-terrorist programs. The opening of war in March 2003 between a US-led coalition and Iraq added new uncertainties to global economic prospects. After the coalition victory, the complex political difficulties and the high economic cost of establishing domestic order in Iraq became major global problems that continue into 2004.
Electricity - consumption 269.7 million kWh (2005) 13.94 trillion kWh (2001 est.)
Electricity - exports 0 kWh (2005) -
Electricity - imports 0 kWh (2005) -
Electricity - production 290 million kWh (2005) 14.93 trillion kWh (2001 est.)
Elevation extremes lowest point: Atlantic Ocean 0 m


highest point: Slaettaratindur 882 m
lowest point: Bentley Subglacial Trench -2,540 m


note: in the oceanic realm, Challenger Deep in the Mariana Trench is the lowest point, lying -10,924 m below the surface of the Pacific Ocean


highest point: Mount Everest 8,850 m (1999 est.)
Environment - current issues NA large areas subject to overpopulation, industrial disasters, pollution (air, water, acid rain, toxic substances), loss of vegetation (overgrazing, deforestation, desertification), loss of wildlife, soil degradation, soil depletion, erosion
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 - 5.4797 (2007), 5.9468 (2006), 5.9969 (2005), 5.9911 (2004), 6.5877 (2003) -
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
-
Exports 0 bbl/day (2004) 712 billion cu m (2001 est.)
Exports - commodities fish and fish products 94%, stamps, ships (1999) the whole range of industrial and agricultural goods and services
Exports - partners Denmark 31%, UK 27.4%, Norway 10.3%, Nigeria 9.5%, Netherlands 5.6% (2006) US 16.4%, Germany 7.9%, UK 5.2%, France 5.1%, China 5%, Japan 4.6% (2003)
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 - GWP (gross world product) - purchasing power parity - $51.48 trillion (2003 est.)
GDP - composition by sector agriculture: 27%


industry: 11%


services: 62% (1999)
agriculture: 4%


industry: 32%


services: 64% (2004 est.)
GDP - per capita - purchasing power parity - $8,200 (2003 est.)
GDP - real growth rate 2.4% (2005 est.) 3.8% (2003 est.)
Geographic coordinates 62 00 N, 7 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 the world is now thought to be about 4.55 billion years old, just about one-third of the 13-billion-year age estimated for the universe
Highways - total: NA km


paved: NA km


unpaved: NA km
Household income or consumption by percentage share lowest 10%: NA%


highest 10%: NA%
lowest 10%: NA


highest 10%: NA
Illicit drugs - cocaine: worldwide, coca is grown on an estimated 173,450 hectares-almost exclusively in South America with 70% in Colombia; potential cocaine production during 2003 is estimated at 728 metric tons (or 835 metric tons of export quality cocaine); coca eradication programs continue in Bolivia, Colombia, and Peru; 376 metric tons of export quality cocaine are documented to have been seized in 2003, and 26 metric tons disrupted (jettisoned or destroyed); consumption of export quality cocaine is estimated to have been 800 metric tons


opiates: cultivation of opium poppy occurred on an estimated 137,944 hectares in 2003-mostly in Southwest and Southeast Asia-with 44% in Afghanistan, potentially produced 3,775 metric tons of opium - which conceivably could be converted to the equivalent of 429 metric tons of pure heroin; opium eradication programs have been undertaken in Afghanistan, Burma, Colombia, Mexico, Pakistan, Thailand, and Vietnam
Imports 4,580 bbl/day (2004) 697.5 billion cu m (2001 est.)
Imports - commodities consumer goods 36%, raw materials and semi-manufactures 32%, machinery and transport equipment 29%, fuels, fish, salt (1999) the whole range of industrial and agricultural goods and services
Imports - partners Denmark 52.6%, Norway 20.7%, Iceland 6.1%, Sweden 4.3% (2006) US 9.9%, Germany 9.4%, China 7.9%, Japan 6.7%, France 4.7% (2003)
Independence none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark) -
Industrial production growth rate 8% (1999 est.) 3% (2002 est.)
Industries fishing, fish processing, small ship repair and refurbishment, handicrafts dominated by the onrush of technology, especially in computers, robotics, telecommunications, and medicines and medical equipment; most of these advances take place in OECD nations; only a small portion of non-OECD countries have succeeded in rapidly adjusting to these technological forces; the accelerated development of new industrial (and agricultural) technology is complicating already grim environmental problems
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: 50.31 deaths/1,000 live births


male: 52.17 deaths/1,000 live births


female: 48.33 deaths/1,000 live births (2004 est.)
Inflation rate (consumer prices) 1.8% (2005) developed countries 1% to 4% typically; developing countries 5% to 60% typically; national inflation rates vary widely in individual cases, from declining prices in Japan to hyperinflation in several Third World countries (2003 est.)
International organization participation Arctic Council, IMO (associate), NC, NIB, UPU -
Irrigated land 0 sq km 2,714,320 sq km (1998 est.)
Judicial branch none -
Labor force 24,250 (October 2000) NA
Labor force - by occupation agriculture: 33%


industry: 33%


services: 34% (October 2000)
agriculture NA, industry NA, services NA
Land boundaries 0 km the land boundaries in the world total 250,472 km (not counting shared boundaries twice); two nations, China and Russia, each border 14 other countries


note: 43 nations and other areas are landlocked, these include: Afghanistan, Andorra, Armenia, Austria, Azerbaijan, Belarus, Bhutan, Bolivia, Botswana, Burkina Faso, Burundi, Central African Republic, Chad, Czech Republic, Ethiopia, Holy See (Vatican City), Hungary, Kazakhstan, Kyrgyzstan, Laos, Lesotho, Liechtenstein, Luxembourg, Malawi, Mali, Moldova, Mongolia, Nepal, Niger, Paraguay, Rwanda, San Marino, Slovakia, Swaziland, Switzerland, Tajikistan, The Former Yugoslav Republic of Macedonia, Turkmenistan, Uganda, Uzbekistan, West Bank, Zambia, Zimbabwe; two of these, Liechtenstein and Uzbekistan, are doubly landlocked
Land use arable land: 2.14%


permanent crops: 0%


other: 97.86% (2005)
arable land: 10.73%


permanent crops: 1%


other: 88.27% (2001)
Languages Faroese (derived from Old Norse), Danish Chinese, Mandarin 14.37%, Hindi 6.02%, English 5.61%, Spanish 5.59%, Bengali 3.4%, Portuguese 2.63%, Russian 2.75%, Japanese 2.06%, German, Standard 1.64%, Korean 1.28%, French 1.27% (2000 est.)


note: percents are for "first language" speakers only
Legal system the laws of Denmark, where applicable, apply all members of the UN are parties to the statute that established the International Court of Justice (ICJ) or World Court
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
-
Life expectancy at birth total population: 79.49 years


male: 76.06 years


female: 82.93 years (2007 est.)
total population: 64.05 years


male: 62.48 years


female: 65.7 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 can read and write


total population: 77%


male: 83%


female: 71% (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 -
Map references Europe Physical Map of the World, Political Map of the World, Standard Time Zones of the World
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
a variety of situations exist, but in general, most countries make the following claims measured from the mean low-tide baseline as described in the 1982 UN Convention on the Law of the Sea: territorial sea - 12 nm, contiguous zone - 24 nm, and exclusive economic zone - 200 nm; additional zones provide for exploitation of continental shelf resources and an exclusive fishing zone; boundary situations with neighboring states prevent many countries from extending their fishing or economic zones to a full 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)
-
Military - note defense is the responsibility of Denmark -
Military branches no regular military forces -
Military expenditures - dollar figure - aggregate real expenditure on arms worldwide in 1999 remained at approximately the 1998 level, about three-quarters of a trillion dollars (1999 est.)
Military expenditures - percent of GDP NA roughly 2% of gross world product (1999 est.)
National holiday Olaifest (Olavasoka), 29 July -
Nationality noun: Faroese (singular and plural)


adjective: Faroese
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Natural hazards NA large areas subject to severe weather (tropical cyclones), natural disasters (earthquakes, landslides, tsunamis, volcanic eruptions)
Natural resources fish, whales, hydropower, possible oil and gas the rapid depletion of nonrenewable mineral resources, the depletion of forest areas and wetlands, the extinction of animal and plant species, and the deterioration in air and water quality (especially in Eastern Europe, the former USSR, and China) pose serious long-term problems that governments and peoples are only beginning to address
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 [Jorgen NICLASEN]; 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.) 6,379,157,361 (July 2004 est.)
Population below poverty line NA% -
Population growth rate 0.543% (2007 est.) 1.14% (2004 est.)
Ports and harbors - Chiba, Houston, Kawasaki, Kobe, Marseille, Mina' al Ahmadi (Kuwait), New Orleans, New York, Rotterdam, Yokohama
Radio broadcast stations AM 1, FM 13, shortwave 0 (1998) AM NA, FM NA, shortwave NA
Railways - total: 1,115,205 km


broad gauge: 257,481 km


standard gauge: 671,413 km


narrow gauge: 186,311 km (2003)
Religions Evangelical Lutheran Christians 32.71% (of which Roman Catholics 17.28%, Protestants 5.61%, Orthodox 3.49%, Anglicans 1.31%), Muslims 19.67%, Hindus 13.28%, Buddhists 5.84%, Sikhs 0.38%, Jews 0.23%, other religions 13.05%, non-religious 12.43%, atheists 2.41% (2002 est.)
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: 1.06 male(s)/female


under 15 years: 1.06 male(s)/female


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


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


total population: 1.01 male(s)/female (2004 est.)
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
general assessment: NA


domestic: NA


international: NA
Telephones - main lines in use 23,000 (2006) 843,923,500 (2003)
Telephones - mobile cellular 50,000 (2006) NA
Television broadcast stations 3 (plus 43 repeaters) (September 1995) NA
Terrain rugged, rocky, some low peaks; cliffs along most of coast the greatest ocean depth is the Mariana Trench at 10,924 m in the Pacific Ocean
Total fertility rate 2.15 children born/woman (2007 est.) 2.62 children born/woman (2004 est.)
Unemployment rate 2.1% (2006) 30% combined unemployment and underemployment in many non-industrialized countries; developed countries typically 4%-12% unemployment
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