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Compare Korea, South (2001) - Faroe Islands (2007)

Compare Korea, South (2001) z Faroe Islands (2007)

 Korea, South (2001)Faroe Islands (2007)
 Korea, SouthFaroe Islands
Administrative divisions 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* 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:
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.)
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 rice, root crops, barley, vegetables, fruit; cattle, pigs, chickens, milk, eggs; fish milk, potatoes, vegetables; sheep; salmon, other fish
Airports 102 (2000 est.) 1 (2007)
Airports - with paved runways 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.)
total: 1


914 to 1,523 m: 1 (2007)
Airports - with unpaved runways total:
34

914 to 1,523 m:
2

under 914 m:
32 (2000 est.)
-
Area total:
98,480 sq km

land:
98,190 sq km

water:
290 sq km
total: 1,399 sq km


land: 1,399 sq km


water: 0 sq km (some lakes and streams)
Area - comparative slightly larger than Indiana eight times the size of Washington, DC
Background 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. 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 14.85 births/1,000 population (2001 est.) 14.12 births/1,000 population (2007 est.)
Budget revenues:
$81.8 billion

expenditures:
$94.9 billion, including capital expenditures of $6.1 billion (1999)
revenues: $588 million


expenditures: $623 million (2005)
Capital Seoul 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 temperate, with rainfall heavier in summer than winter mild winters, cool summers; usually overcast; foggy, windy
Coastline 2,413 km 1,117 km
Constitution 25 February 1988 5 June 1953 (Danish constitution)
Country name 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
conventional long form: none


conventional short form: Faroe Islands


local long form: none


local short form: Foroyar
Currency South Korean won (KRW) -
Death rate 5.93 deaths/1,000 population (2001 est.) 8.69 deaths/1,000 population (2007 est.)
Debt - external $137 billion (November 2000) $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 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
none (self-governing overseas administrative division of Denmark)
Diplomatic representation in the US 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)
none (self-governing overseas administrative division of Denmark)
Disputes - international Demarcation Line with North Korea; Liancourt Rocks (Takeshima/Tokdo) disputed with Japan 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 $NA $105 million; note - annual subsidy from Denmark (2005)
Economy - overview 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%. 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 232.767 billion kWh (1999) 269.7 million kWh (2005)
Electricity - exports 0 kWh (1999) 0 kWh (2005)
Electricity - imports 0 kWh (1999) 0 kWh (2005)
Electricity - production 250.287 billion kWh (1999) 290 million kWh (2005)
Electricity - production by source fossil fuel:
59.22%

hydro:
1.64%

nuclear:
39.12%

other:
0.02% (1999)
-
Elevation extremes lowest point:
Sea of Japan 0 m

highest point:
Halla-san 1,950 m
lowest point: Atlantic Ocean 0 m


highest point: Slaettaratindur 882 m
Environment - current issues air pollution in large cities; acid rain; water pollution from the discharge of sewage and industrial effluents; drift net fishing NA
Environment - international agreements 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
party to: Marine Dumping -associate member to the London Convention and Ship Pollution
Ethnic groups homogeneous (except for about 20,000 Chinese) Scandinavian
Exchange rates 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) Danish kroner per US dollar - 5.9468 (2006), 5.9969 (2005), 5.9911 (2004), 6.5877 (2003), 7.8947 (2002)
Executive branch 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%
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 $172.6 billion (f.o.b., 2000) NA bbl/day
Exports - commodities electronic products, machinery and equipment, motor vehicles, steel, ships; textiles, clothing, footwear; fish fish and fish products 94%, stamps, ships (1999)
Exports - partners US 20.5%, Japan 11%, China 9.5%, Hong Kong 6.3%, Taiwan 4.4% (1999) Denmark 32%, UK 27%, Norway 10.2%, Nigeria 9.3%, Netherlands 5.5% (2006)
Fiscal year calendar year calendar year
Flag description 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 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 purchasing power parity - $764.6 billion (2000 est.) -
GDP - composition by sector agriculture:
5.6%

industry:
41.4%

services:
53% (1999 est.)
agriculture: 27%


industry: 11%


services: 62% (1999)
GDP - per capita purchasing power parity - $16,100 (2000 est.) -
GDP - real growth rate 9% (2000 est.) 2.4% (2005 est.)
Geographic coordinates 37 00 N, 127 30 E 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
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%:
2.9%

highest 10%:
24.3% (1993)
lowest 10%: NA%


highest 10%: NA%
Imports $160.5 billion (f.o.b., 2000) NA bbl/day
Imports - commodities machinery, electronics and electronic equipment, oil, steel, transport equipment, textiles, organic chemicals, grains consumer goods 36%, raw materials and semi-manufactures 32%, machinery and transport equipment 29%, fuels, fish, salt (1999)
Imports - partners US 20.8%, Japan 20.2%, China 7.4%, Saudi Arabia 4.7%, Australia 3.9% (1999) Denmark 53%, Norway 20.7%, Iceland 6%, Sweden 4.3% (2006)
Independence 15 August 1945 (from Japan) none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark)
Industrial production growth rate 17% (2000) 8% (1999 est.)
Industries electronics, automobile production, chemicals, shipbuilding, steel, textiles, clothing, footwear, food processing fishing, fish processing, small ship repair and refurbishment, handicrafts
Infant mortality rate 7.71 deaths/1,000 live births (2001 est.) 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) 2.3% (2000) 1.8% (2005)
International organization participation 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 Arctic Council, IMO (associate), NC, NIB, UPU
Internet Service Providers (ISPs) 11 (2000) -
Irrigated land 13,350 sq km (1993 est.) 0 sq km
Judicial branch Supreme Court (justices are appointed by the president with the consent of the National Assembly) none
Labor force 22 million (2000) 24,250 (October 2000)
Labor force - by occupation services 68%, industry 20%, agriculture 12% (1999) agriculture: 33%


industry: 33%


services: 34% (October 2000)
Land boundaries total:
238 km

border countries:
North Korea 238 km
0 km
Land use arable land:
19%

permanent crops:
2%

permanent pastures:
1%

forests and woodland:
65%

other:
13% (1993 est.)
arable land: 2.14%


permanent crops: 0%


other: 97.86% (2005)
Languages Korean, English widely taught in junior high and high school Faroese (derived from Old Norse), Danish
Legal system combines elements of continental European civil law systems, Anglo-American law, and Chinese classical thought the laws of Denmark, where applicable, apply
Legislative branch 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
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
Life expectancy at birth total population:
74.65 years

male:
70.97 years

female:
78.74 years (2001 est.)
total population: 79.49 years


male: 76.06 years


female: 82.93 years (2007 est.)
Literacy definition:
age 15 and over can read and write

total population:
98%

male:
99.3%

female:
96.7% (1995 est.)
definition: NA


total population: NA%


male: NA%


female: NA%


note: probably 100%, the same as Denmark proper
Location Eastern Asia, southern half of the Korean Peninsula bordering the Sea of Japan and the Yellow Sea 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 Asia Europe
Maritime claims 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
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:
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.)
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 Army, Navy, Air Force, Marine Corps, National Maritime Police (Coast Guard) no regular military forces
Military expenditures - dollar figure $12 billion (2000) -
Military expenditures - percent of GDP 3.2% (FY98/99) NA
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 Liberation Day, 15 August (1945) Olaifest (Olavasoka), 29 July
Nationality noun:
Korean(s)

adjective:
Korean
noun: Faroese (singular and plural)


adjective: Faroese
Natural hazards occasional typhoons bring high winds and floods; low-level seismic activity common in southwest NA
Natural resources coal, tungsten, graphite, molybdenum, lead, hydropower potential fish, whales, hydropower, possible oil and gas
Net migration rate 0 migrant(s)/1,000 population (2001 est.) 0 migrant(s)/1,000 population (2007 est.)
Pipelines petroleum products 455 km; note - additionally, there is a parallel petroleum, oils, and lubricants (POL) pipeline being completed -
Political parties and leaders 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
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]
Political pressure groups and leaders 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 NA
Population 47,904,370 (July 2001 est.) 47,511 (July 2007 est.)
Population below poverty line NA% NA%
Population growth rate 0.89% (2001 est.) 0.543% (2007 est.)
Ports and harbors Chinhae, Inch'on, Kunsan, Masan, Mokp'o, P'ohang, Pusan, Tonghae-hang, Ulsan, Yosu -
Radio broadcast stations AM 106, FM 97, shortwave 6 (1999) AM 1, FM 13, shortwave 0 (1998)
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 Christian 49%, Buddhist 47%, Confucianist 3%, Shamanist, Chondogyo (Religion of the Heavenly Way), and other 1% Evangelical Lutheran
Sex ratio 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.)
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 20 years of age; universal 18 years of age; universal
Telephone system 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)
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 24 million (1999) 23,000 (2006)
Telephones - mobile cellular 27 million (June 2000) 50,000 (2006)
Television broadcast stations 121 (plus 850 repeater stations and the eight-channel American Forces Korea Network) (1999) 3 (plus 43 repeaters) (September 1995)
Terrain mostly hills and mountains; wide coastal plains in west and south rugged, rocky, some low peaks; cliffs along most of coast
Total fertility rate 1.72 children born/woman (2001 est.) 2.15 children born/woman (2007 est.)
Unemployment rate 4.1% (2000 est.) 2.1% (2006)
Waterways 1,609 km

note:
restricted to small native craft
-
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