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Compare Korea, South (2004) - Faroe Islands (2001)

Compare Korea, South (2004) z Faroe Islands (2001)

 Korea, South (2004)Faroe Islands (2001)
 Korea, SouthFaroe Islands
Administrative divisions 9 provinces (do, singular and plural) and 7 metropolitan cities (gwangyoksi, singular and plural)

provinces: Cheju-do, Cholla-bukto (North Cholla), Cholla-namdo (South Cholla), Ch'ungch'ong-bukto (North Ch'ungch'ong), Ch'ungch'ong-namdo (South Ch'ungch'ong), Kangwon-do, Kyonggi-do, Kyongsang-bukto (North Kyongsang), Kyongsang-namdo (South Kyongsang)

metropolitan cities: Inch'on-gwangyoksi (Inchon), Kwangju-gwangyoksi (Kwangju), Pusan-gwangyoksi (Pusan), Soul-t'ukpyolsi (Seoul), Taegu-gwangyoksi (Taegu), Taejon-gwangyoksi (Taejon), Ulsan-gwangyoksi (Ulsan)
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 49 municipalities
Age structure 0-14 years: 20.4% (male 5,223,344; female 4,681,594)


15-64 years: 71.4% (male 17,625,302; female 17,072,029)


65 years and over: 8.2% (male 1,597,085; female 2,398,821) (2004 est.)
0-14 years:
22.62% (male 5,193; female 5,136)

15-64 years:
63.64% (male 15,463; female 13,596)

65 years and over:
13.74% (male 2,802; female 3,471) (2001 est.)
Agriculture - products rice, root crops, barley, vegetables, fruit; cattle, pigs, chickens, milk, eggs; fish milk, potatoes, vegetables; sheep; salmon, other fish
Airports 102 (2003 est.) 1 (2000 est.)
Airports - with paved runways total: 88


over 3,047 m: 3


2,438 to 3,047 m: 21


1,524 to 2,437 m: 14


914 to 1,523 m: 12


under 914 m: 38 (2004 est.)
total:
1

914 to 1,523 m:
1 (2000 est.)
Airports - with unpaved runways total: 91


914 to 1,523 m: 3


under 914 m: 88 (2004 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 Korea was an independent kingdom under Chinese suzerainty for most of the past millennium. Following its victory in the Russo-Japanese War in 1905, Japan occupied Korea; five years later it formally annexed the entire peninsula. 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. During the Korean War (1950-1953), US and other UN forces intervened to defend South Korea from North Korean attacks supported by the Chinese. An armistice was signed in 1953, splitting the peninsula along a demilitarized zone at about the 38th parallel. Thereafter, South Korea achieved rapid economic growth with per capita income rising to roughly 18 times the level of North Korea. In 1987, South Korean voters elected ROH Tae-woo to the presidency, ending 26 years of military dictatorships. South Korea today is a fully functioning modern democracy. In June 2000, a historic first North-South summit took place between the South's President KIM Tae-chung and the North's leader KIM Jong Il. 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 12.33 births/1,000 population (2004 est.) 13.64 births/1,000 population (2001 est.)
Budget revenues: $135.5 billion


expenditures: $128.7 billion, including capital expenditures of $23.5 billion (2003)
revenues:
$488 million

expenditures:
$484 million, including capital expenditures of $21 million (1999)
Capital Seoul Torshavn
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 17 July 1948 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) Danish krone (DKK)
Death rate 6.13 deaths/1,000 population (2004 est.) 8.69 deaths/1,000 population (2001 est.)
Debt - external $130.3 billion (2003 est.) $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 Christopher R. HILL


embassy: 82 Sejong-no, Jongno-gu, Seoul 110-710


mailing address: American Embassy, Unit 15550, APO AP 96205-5550


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 HONG Seok-hyun


chancery: 2450 Massachusetts Avenue NW, Washington, DC 20008


telephone: [1] (202) 939-5600


FAX: [1] (202) 387-0205


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


consulate(s): New York, Tamuning (Guam)
none (self-governing overseas administrative division of Denmark)
Disputes - international Military Demarcation Line within the 4-km wide Demilitarized Zone has separated North from South Korea since 1953; periodic maritime disputes with North Korea over the Northern Limit Line; unresolved dispute with Japan over Liancourt Rocks (Tok-do/Take-shima) and occasional protests over fishing rights in grounds also claimed by Japan Faroese are considering proposals for full independence
Economic aid - donor ODA $200 million -
Economic aid - recipient - $135 million (annual subsidy from Denmark) (1999)
Economy - overview Since the early 1960s, South Korea has achieved an incredible record of growth and integration into the high-tech modern world economy. Four decades ago GDP per capita was comparable with levels in the poorer countries of Africa and Asia. Today its GDP per capita is 18 times North Korea's and equal 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 longstanding weaknesses in South Korea's development model, including high debt/equity ratios, massive foreign borrowing, and an undisciplined financial sector. Growth plunged to a negative 6.6% in 1998, then strongly recovered to 10.8% in 1999 and 9.2% in 2000. Growth fell back to 3.3% in 2001 because of the slowing global economy, falling exports, and the perception that much-needed corporate and financial reforms had stalled. Led by consumer spending and exports, growth in 2002 was an impressive 6.2%, despite anemic global growth, followed by moderate 2.8% growth in 2003. In 2003 the National Assembly approved legislation reducing the six-day work week to five days. The Faroese economy has had a strong performance since 1994, mostly as a result of increasing fish landings and high and stable export prices. Unemployment is falling and there are signs of labor shortages in several sectors. The positive economic development has helped the Faroese Home Rule Government produce increasing budget surpluses which in turn help to reduce the large public debt, most of it owed to Denmark. However, the total dependence on fishing makes the Faroese economy extremely vulnerable, and the present fishing efforts appear in excess of what is required to ensure a sustainable level of fishing in the long term. Oil finds close to the Faroese area give hope for deposits in the immediate Faroese area, which may eventually lay the basis for a more diversified economy and thus less dependence on Denmark and Danish economic assistance. Aided by a substantial annual subsidy (15% of GDP) from Denmark, the Faroese have a standard of living not far below the Danes and other Scandinavians.
Electricity - consumption 270.3 billion kWh (2001) 158.1 million kWh (1999)
Electricity - exports 0 kWh (2001) 0 kWh (1999)
Electricity - imports 0 kWh (2001) 0 kWh (1999)
Electricity - production 290.7 billion kWh (2001) 170 million kWh (1999)
Electricity - production by source - fossil fuel:
58.82%

hydro:
41.18%

nuclear:
0%

other:
0% (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, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling


signed, but not ratified: none of the selected agreements
-
Ethnic groups homogeneous (except for about 20,000 Chinese) Scandinavian
Exchange rates South Korean won per US dollar - 1,191.61 (2003), 1,251.09 (2002), 1,290.99 (2001), 1,130.96 (2000), 1,188.82 (1999) Danish kroner per US dollar - 7.951 (January 2001), 8.093 (2000), 6.976 (1999), 6.701 (1998), 6.604 (1997), 5.799 (1966)
Executive branch chief of state: President ROH Moo-hyun (since 25 February 2003)


head of government: Prime Minister LEE Hae-chan (since 25 May 2004); Deputy Prime Ministers KIM Jin-pyo (since 28 January 2005), LEE Hun-jai (since 10 February 2004), and OH Myung (since 18 October 2004)


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


elections: president elected by popular vote for single five-year term; election last held 19 December 2002 (next to be held in December 2007); prime minister appointed by president with consent of National Assembly; deputy prime ministers appointed by president on prime minister's recommendation


election results: results of the 19 December 2002 election - ROH Moo-hyun elected president; percent of vote - ROH Moo-hyun (MDP) 48.9%; LEE Hoi-chang (GNP) 46.6%; other 4.5%
chief of state:
Queen MARGRETHE II of Denmark (since 14 January 1972), represented by High Commissioner Ms. Vibeke LARSEN, chief administrative officer (since NA)

head of government:
Prime Minister Anfinn KALLSBERG (since 15 May 1998)

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 party that wins the most seats is usually elected prime minister by the Faroese Parliament; election last held 30 April 1998 (next to be held no later than April 2002)

election results:
Anfinn KALLSBERG elected prime minister; percent of parliamentary vote - 52.8%

note:
coalition of People's Party, Republican Party and Home Rule Party
Exports 804,700 bbl/day (2001) $471 million (f.o.b., 1999)
Exports - commodities Semiconductors, wireless telecommunications equipment, motor vehicles, computers, steel, ships, petrochemicals fish and fish products 94%, stamps, ships (1999)
Exports - partners China 18.2%, US 17.8%, Japan 9%, Hong Kong 7.6% (2003) Denmark 32%, UK 21%, France 9%, Germany 7%, Iceland 5%, US 5% (1996)
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 that extends to the edges of the flag; the vertical part of the cross is shifted to the hoist side in the style of the Dannebrog (Danish flag)
GDP purchasing power parity - $857.8 billion (2003 est.) purchasing power parity - $910 million (2000 est.)
GDP - composition by sector agriculture: 3.6%


industry: 36.4%


services: 60% (2003 est.)
agriculture:
27%

industry:
11%

services:
62% (1999)
GDP - per capita purchasing power parity - $17,800 (2003 est.) purchasing power parity - $20,000 (2000 est.)
GDP - real growth rate 3.1% (2003 est.) 5% (2000 est.)
Geographic coordinates 37 00 N, 127 30 E 62 00 N, 7 00 W
Geography - note strategic location on Korea 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
Heliports 206 (2003 est.) -
Highways total: 86,990 km


paved: 64,808 km (including 1,996 km of expressways)


unpaved: 22,182 km (1999 est.)
total:
463 km

paved:
454 km

unpaved:
9 km (1999)
Household income or consumption by percentage share lowest 10%: 2.9%


highest 10%: 22.5% (1999 est.)
lowest 10%:
NA%

highest 10%:
NA%
Imports 2.965 million bbl/day (2001) $469 million (c.i.f., 1999)
Imports - commodities machinery, electronics and electronic equipment, oil, steel, transport equipment, organic chemicals, plastics machinery and transport equipment 29%, consumer goods 36%, raw materials and semi-manufactures 32%, fuels, fish and salt (1999)
Imports - partners Japan 20.3%, US 13.9%, China 12.3%, Saudi Arabia 5.2% (2003) Denmark 28%, Norway 26%, Germany 7%, UK 6% Sweden 5%, Iceland 4%, US (1999)
Independence 15 August 1945 (from Japan) none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark)
Industrial production growth rate 5.1% (2003 est.) 8% (1999 est.)
Industries electronics, telecommunications, automobile production, chemicals, shipbuilding, steel fishing, fish processing, shipbuilding, construction, handicrafts
Infant mortality rate total: 7.18 deaths/1,000 live births


male: 7.64 deaths/1,000 live births


female: 6.68 deaths/1,000 live births (2004 est.)
6.8 deaths/1,000 live births (2001 est.)
Inflation rate (consumer prices) 3.6% (2003 est.) 5.1% (1999)
International organization participation AfDB, APEC, ARF, AsDB, ASEAN (dialogue partner), Australia Group, BIS, CP, EBRD, FAO, IAEA, IBRD, ICAO, ICC, ICCt, ICFTU, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, ISO, ITU, LAIA, MIGA, MINURSO, NAM (guest), NEA, NSG, OAS (observer), OECD, ONUB, OPCW, OSCE (partner), PCA, UN, UNCTAD, UNESCO, UNIDO, UNMIL, UNMOGIP, UNOMIG, UPU, WCL, WCO, WHO, WIPO, WMO, WToO, WTO, ZC NC, NIB
Internet Service Providers (ISPs) - 2 (2000)
Irrigated land 11,590 sq km (1998 est.) 0 sq km
Judicial branch Supreme Court (justices appointed by president with consent of National Assembly); Constitutional Court (justices appointed by president based partly on nominations by National Assembly and Chief Justice of the court) none
Labor force 22.92 million (2003) 24,250 (October 2000)
Labor force - by occupation agriculture 8.8%, industry 19.1%, services 72.1% (2001) fishing, fish processing, and manufacturing 33%, construction and private services 33%, public services 34%
Land boundaries total: 238 km


border countries: North Korea 238 km
0 km
Land use arable land: 17.18%


permanent crops: 1.95%


other: 80.87% (2001)
arable land:
6%

permanent crops:
0%

permanent pastures:
0%

forests and woodland:
0%

other:
94% (1996)
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 Danish
Legislative branch unicameral National Assembly or Kukhoe (299 seats -- members elected for four-year terms; 243 in single-seat constituencies, 56 by proportional representation


elections: last held 15 April 2004 (next to be held in April 2008; by-elections scheduled for April 2005))


election results: percent of vote by party - Uri 51%, GNP 41%, DLP 3%, MDP 3%, others 2%; seats by party - Uri 152, GNP 121, DLP 10, MDP 9, others 7 (2004)
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 30 April 1998 (next to be held not later than April 2002)

election results:
percent of vote by party - Republican Party 23.8%, People's Party 21.3%, Social Democratic Party 21.9%, Union Party 18%, Home Rue Party 7.7%, Center Party 4.1%; seats by party - Republican Party 8, People's Party 8, Social Democratic Party 7, Union Party 6, Home Rule Party 2, Center Party 1

note:
election of 2 seats to the Danish Parliament was last held on 11 March 1998 (next to be held not later than March 2002); results - percent of vote by party - NA; seats by party - Social Democratic Party 1, People's Party 1
Life expectancy at birth total population: 75.58 years


male: 71.96 years


female: 79.54 years (2004 est.)
total population:
78.59 years

male:
75.12 years

female:
82.06 years
Literacy definition: age 15 and over can read and write


total population: 97.9%


male: 99.2%


female: 96.6% (2002)
definition:
NA

total population:
NA%

male:
NA%

female:
NA%

note:
similar to 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 territorial sea: 12 nm; between 3 nm and 12 nm in the Korea Strait


contiguous zone: 24 nm


exclusive economic zone: 200 nm


continental shelf: not specified
continental shelf:
200 NM or agreed boundaries or median line

exclusive fishing zone:
200 NM or agreed boundaries or median line

territorial sea:
3 NM
Merchant marine total: 535 ships (1,000 GRT or over) 5,978,949 GRT/9,761,699 DWT


by type: bulk 97, cargo 174, chemical tanker 61, combination bulk 10, container 60, liquefied gas 19, passenger 3, petroleum tanker 73, refrigerated cargo 20, roll on/roll off 7, short-sea/passenger 2, specialized tanker 6, vehicle carrier 3


foreign-owned: Bahrain 1, China 1, Gibraltar 1, Honduras 1, Indonesia 1, Japan 3, Malaysia 1, Panama 1, Philippines 1, Saint Vincent and the Grenadines 1, United Kingdom 1, United States 1


registered in other countries: 442 (2004 est.)
total:
6 ships (1,000 GRT or over) totaling 23,247 GRT/11,736 DWT

ships by type:
cargo 2, petroleum tanker 1, refrigerated cargo 1, roll on/roll off 1, short-sea passenger 1 (2000 est.)
Military - note - defense is the responsibility of Denmark
Military branches Army, Navy, Air Force, Marine Corps, National Maritime Police (Coast Guard) defense is the responsibility of Denmark; no organized native military forces; only a small Police Force and Coast Guard are maintained
Military expenditures - dollar figure $14.522 billion (FY03) $NA
Military expenditures - percent of GDP 2.7% (FY03) NA%
Military manpower - availability males age 15-49: 14,233,895 (2004 est.) -
Military manpower - fit for military service males age 15-49: 8,966,241 (2004 est.) -
Military manpower - reaching military age annually males: 341,697 (2004 est.) -
National holiday Liberation Day, 15 August (1945) Olaifest, 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
Net migration rate 0 migrant(s)/1,000 population (2004 est.) 2.89 migrant(s)/1,000 population (2001 est.)
Pipelines gas 1,433 km; refined products 827 km (2004) -
Political parties and leaders Democratic Labor Party or DLP [KIM Hye-kyung, chairwoman]; Grand National Party or GNP [PARK Geun-hye, chairwoman]; Millennium Democratic Party or MDP [HAHN Hwa-kap, chairman]; United Liberal Democrats or ULD [KIM Hak-won, chairman]; Uri Party [LIM Chae-jung, interim chairman] Center Party [Jenis A. RANA]; Home Rule Party [Helena Dam a NEYSTABO]; People's Party [Oli BRECKMANN]; Republican Party [Hogni HOYDAL]; Social Democratic Party [Joannes EIDESGAARD]; Union Party [Edmund JOENSEN]
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 48,598,175 (July 2004 est.) 45,661 (July 2001 est.)
Population below poverty line 4% (2001 est.) NA%
Population growth rate 0.62% (2004 est.) 0.78% (2001 est.)
Ports and harbors Chinhae, Inch'on, Kunsan, Masan, Mokp'o, P'ohang, Pusan, Tonghae-hang, Ulsan, Yosu Torshavn, Klaksvik, Tvoroyri, Runavik, Fuglafjorour
Radio broadcast stations AM 58, FM 150, shortwave 2 (2004) AM 1, FM 13, shortwave 0 (1998)
Radios - 26,000 (1997)
Railways total: 3,125 km


standard gauge: 3,125 km 1.435-m gauge (661 km electrified) (2003)
0 km
Religions no affiliation 46%, Christian 26%, Buddhist 26%, Confucianist 1%, other 1% Evangelical Lutheran
Sex ratio at birth: 1.09 male(s)/female


under 15 years: 1.12 male(s)/female


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


65 years and over: 0.67 male(s)/female


total population: 1.01 male(s)/female (2004 est.)
at birth:
1 male(s)/female

under 15 years:
1.01 male(s)/female

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

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

total population:
1.06 male(s)/female (2001 est.)
Suffrage 20 years of age; universal 18 years of age; universal
Telephone system general assessment: excellent domestic and international services


domestic: NA


international: country code - 82; 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:
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 22.877 million (2003) 24,851 (1999)
Telephones - mobile cellular 33,591,800 (2003) 10,761 (1999)
Television broadcast stations 64 (additionally 119 Cable Operators; 239 Relay Cable Operators) (2004) 3 (plus 43 low-power 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 1.56 children born/woman (2004 est.) 2.3 children born/woman (2001 est.)
Unemployment rate 3.4% (2003 est.) 1% (October 2000)
Waterways 1,608 km


note: most navigable only by small craft (2004)
none
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