Compare Indian Ocean (2007) - Faroe Islands (2008)

Compare Indian Ocean (2007) z Faroe Islands (2008)

	Indian Ocean (2007)	Faroe Islands (2008)

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
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.)
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)
Area	total: 68.556 million sq km note: includes Andaman Sea, Arabian Sea, Bay of Bengal, Flores Sea, Great Australian Bight, Gulf of Aden, Gulf of Oman, Java Sea, Mozambique Channel, Persian Gulf, Red Sea, Savu Sea, Strait of Malacca, Timor Sea, and other tributary water bodies	total: 1,399 sq km land: 1,399 sq km water: 0 sq km (some lakes and streams)
Area - comparative	about 5.5 times the size of the US	eight times the size of Washington, DC
Background	The Indian Ocean is the third largest of the world's five oceans (after the Pacific Ocean and Atlantic Ocean, but larger than the Southern Ocean and Arctic Ocean). Four critically important access waterways are the Suez Canal (Egypt), Bab el Mandeb (Djibouti-Yemen), Strait of Hormuz (Iran-Oman), and Strait of Malacca (Indonesia-Malaysia). The decision by the International Hydrographic Organization in the spring of 2000 to delimit a fifth ocean, the Southern Ocean, removed the portion of the Indian Ocean south of 60 degrees south latitude.	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.
Birth rate	-	14.12 births/1,000 population (2007 est.)
Budget	-	revenues: $588 million expenditures: $623 million (2005)
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
Climate	northeast monsoon (December to April), southwest monsoon (June to October); tropical cyclones occur during May/June and October/November in the northern Indian Ocean and January/February in the southern Indian Ocean	mild winters, cool summers; usually overcast; foggy, windy
Coastline	66,526 km	1,117 km
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
Death rate	-	8.69 deaths/1,000 population (2007 est.)
Debt - external	-	$64 million (1999)
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	some maritime disputes (see littoral states)	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
Economic aid - recipient	-	$105 million; note - annual subsidy from Denmark (2005)
Economy - overview	The Indian Ocean provides major sea routes connecting the Middle East, Africa, and East Asia with Europe and the Americas. It carries a particularly heavy traffic of petroleum and petroleum products from the oilfields of the Persian Gulf and Indonesia. Its fish are of great and growing importance to the bordering countries for domestic consumption and export. Fishing fleets from Russia, Japan, South Korea, and Taiwan also exploit the Indian Ocean, mainly for shrimp and tuna. Large reserves of hydrocarbons are being tapped in the offshore areas of Saudi Arabia, Iran, India, and western Australia. An estimated 40% of the world's offshore oil production comes from the Indian Ocean. Beach sands rich in heavy minerals and offshore placer deposits are actively exploited by bordering countries, particularly India, South Africa, Indonesia, Sri Lanka, and Thailand.	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.
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: Java Trench -7,258 m highest point: sea level 0 m	lowest point: Atlantic Ocean 0 m highest point: Slaettaratindur 882 m
Environment - current issues	endangered marine species include the dugong, seals, turtles, and whales; oil pollution in the Arabian Sea, Persian Gulf, and Red Sea	NA
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)
Exports - commodities	-	fish and fish products 94%, stamps, ships (1999)
Exports - partners	-	Denmark 31%, UK 27.4%, Norway 10.3%, Nigeria 9.5%, Netherlands 5.6% (2006)
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 - composition by sector	-	agriculture: 27% industry: 11% services: 62% (1999)
GDP - real growth rate	-	2.4% (2005 est.)
Geographic coordinates	20 00 S, 80 00 E	62 00 N, 7 00 W
Geography - note	major chokepoints include Bab el Mandeb, Strait of Hormuz, Strait of Malacca, southern access to the Suez Canal, and the Lombok Strait	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
Household income or consumption by percentage share	-	lowest 10%: NA% highest 10%: NA%
Imports	-	4,580 bbl/day (2004)
Imports - commodities	-	consumer goods 36%, raw materials and semi-manufactures 32%, machinery and transport equipment 29%, fuels, fish, salt (1999)
Imports - partners	-	Denmark 52.6%, Norway 20.7%, Iceland 6.1%, Sweden 4.3% (2006)
Independence	-	none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark)
Industrial production growth rate	-	8% (1999 est.)
Industries	-	fishing, fish processing, small ship repair and refurbishment, handicrafts
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.)
Inflation rate (consumer prices)	-	1.8% (2005)
International organization participation	-	Arctic Council, IMO (associate), NC, NIB, UPU
Irrigated land	-	0 sq km
Judicial branch	-	none
Labor force	-	24,250 (October 2000)
Labor force - by occupation	-	agriculture: 33% industry: 33% services: 34% (October 2000)
Land boundaries	-	0 km
Land use	-	arable land: 2.14% permanent crops: 0% other: 97.86% (2005)
Languages	-	Faroese (derived from Old Norse), Danish
Legal system	-	the laws of Denmark, where applicable, apply
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.)
Literacy	-	definition: NA total population: NA% male: NA% female: NA% note: probably 100%, the same as Denmark proper
Location	body of water between Africa, the Southern Ocean, Asia, and Australia	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	Political Map of the World	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
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 - percent of GDP	-	NA
National holiday	-	Olaifest (Olavasoka), 29 July
Nationality	-	noun: Faroese (singular and plural) adjective: Faroese
Natural hazards	occasional icebergs pose navigational hazard in southern reaches	NA
Natural resources	oil and gas fields, fish, shrimp, sand and gravel aggregates, placer deposits, polymetallic nodules	fish, whales, hydropower, possible oil and gas
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.)
Population below poverty line	-	NA%
Population growth rate	-	0.543% (2007 est.)
Radio broadcast stations	-	AM 1, FM 13, shortwave 0 (1998)
Religions	-	Evangelical Lutheran
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.)
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
Telephones - main lines in use	-	23,000 (2006)
Telephones - mobile cellular	-	50,000 (2006)
Television broadcast stations	-	3 (plus 43 repeaters) (September 1995)
Terrain	surface dominated by counterclockwise gyre (broad, circular system of currents) in the southern Indian Ocean; unique reversal of surface currents in the northern Indian Ocean; low atmospheric pressure over southwest Asia from hot, rising, summer air results in the southwest monsoon and southwest-to-northeast winds and currents, while high pressure over northern Asia from cold, falling, winter air results in the northeast monsoon and northeast-to-southwest winds and currents; ocean floor is dominated by the Mid-Indian Ocean Ridge and subdivided by the Southeast Indian Ocean Ridge, Southwest Indian Ocean Ridge, and Ninetyeast Ridge	rugged, rocky, some low peaks; cliffs along most of coast
Total fertility rate	-	2.15 children born/woman (2007 est.)
Unemployment rate	-	2.1% (2006)

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