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Compare Liechtenstein (2005) - Faroe Islands (2004)
Compare Liechtenstein (2005) z Faroe Islands (2004)
| Liechtenstein (2005) | Faroe Islands (2004) | |
 |  | |
| Administrative divisions | 11 communes (Gemeinden, singular - Gemeinde); Balzers, Eschen, Gamprin, Mauren, Planken, Ruggell, Schaan, Schellenberg, Triesen, Triesenberg, Vaduz | 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: 17.6% (male 2,938/female 3,009)
15-64 years: 70.4% (male 11,795/female 11,927) 65 years and over: 12% (male 1,685/female 2,363) (2005 est.) |
0-14 years: 21.6% (male 5,056; female 5,041)
15-64 years: 64.6% (male 15,975; female 14,187) 65 years and over: 13.7% (male 2,877; female 3,526) (2004 est.) |
| Agriculture - products | wheat, barley, corn, potatoes; livestock, dairy products | milk, potatoes, vegetables; sheep; salmon, other fish |
| Airports | none (2004 est.) | 1 (2003 est.) |
| Airports - with paved runways | - | total: 1
914 to 1,523 m: 1 (2004 est.) |
| Area | total: 160 sq km
land: 160 sq km water: 0 sq km |
total: 1,399 sq km
land: 1,399 sq km water: 0 sq km (some lakes and streams) |
| Area - comparative | about 0.9 times the size of Washington, DC | eight times the size of Washington, DC |
| Background | The Principality of Liechtenstein was established within the Holy Roman Empire in 1719; it became a sovereign state in 1806. Until the end of World War I, it was closely tied to Austria, but the economic devastation caused by that conflict forced Liechtenstein to enter into a customs and monetary union with Switzerland. Since World War II (in which Liechtenstein remained neutral), the country's low taxes have spurred outstanding economic growth. Shortcomings in banking regulatory oversight have resulted in concerns about the use of the financial institutions for money laundering. Liechtenstein has, however, implemented new anti-money-laundering legislation and recently concluded a Mutual Legal Assistance Treaty with the US. | 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 | 10.41 births/1,000 population (2005 est.) | 13.89 births/1,000 population (2004 est.) |
| Budget | revenues: $424.2 million
expenditures: $414.1 million, including capital expenditures of NA (1998 est.) |
revenues: $488 million
expenditures: $484 million, including capital expenditures of $21 million (1999) |
| Capital | Vaduz | Torshavn |
| Climate | continental; cold, cloudy winters with frequent snow or rain; cool to moderately warm, cloudy, humid summers | mild winters, cool summers; usually overcast; foggy, windy |
| Coastline | 0 km (doubly landlocked) | 1,117 km |
| Constitution | 5 October 1921 | 5 June 1953 (Danish constitution) |
| Country name | conventional long form: Principality of Liechtenstein
conventional short form: Liechtenstein local long form: Fuerstentum Liechtenstein local short form: Liechtenstein |
conventional long form: none
conventional short form: Faroe Islands local long form: none local short form: Foroyar |
| Currency | - | Danish krone (DKK) |
| Death rate | 7.06 deaths/1,000 population (2005 est.) | 8.68 deaths/1,000 population (2004 est.) |
| Debt - external | $0 (2001) | $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 | the US does not have an embassy in Liechtenstein, but the US Ambassador to Switzerland is also accredited to Liechtenstein | none (self-governing overseas administrative division of Denmark) |
| Diplomatic representation in the US | chief of mission: Ambassador Claudia FRITSCHE
chancery: 1300 Eye Street NW, Suite 550W, Washington, DC 20005 telephone: [1] (202) 216-0460 FAX: [1] (202) 216-0459 |
none (self-governing overseas administrative division of Denmark) |
| Disputes - international | in February 2005, the ICJ refused to rule on the restitution of Liechtenstein's land and property assets in the Czech Republic confiscated in 1945 as German property | Faroese are considering proposals for full independence; Denmark dispute with Iceland over the Faroe Islands fisheries median line boundary of 200 nm; Denmark disputes with Iceland, the UK, and Ireland the Faroe Islands claim extending its continental shelf boundary beyond 200 nm |
| Economic aid - recipient | none | $135 million (annual subsidy from Denmark) (1998) |
| Economy - overview | Despite its small size and limited natural resources, Liechtenstein has developed into a prosperous, highly industrialized, free-enterprise economy with a vital financial service sector and living standards on a par with its large European neighbors. The Liechtenstein economy is widely diversified with a large number of small businesses. Low business taxes - the maximum tax rate is 20% - and easy incorporation rules have induced many holding or so-called letter box companies to establish nominal offices in Liechtenstein, providing 30% of state revenues. The country participates in a customs union with Switzerland and uses the Swiss franc as its national currency. It imports more than 90% of its energy requirements. Liechtenstein has been a member of the European Economic Area (an organization serving as a bridge between the European Free Trade Association (EFTA) and the EU) since May 1995. The government is working to harmonize its economic policies with those of an integrated Europe. | 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 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 lessen dependence on 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 | - | 149.1 million kWh (2001) |
| Electricity - exports | - | 0 kWh (2001) |
| Electricity - imports | - | 0 kWh (2001) |
| Electricity - production | - | 160.4 million kWh (2001) |
| Elevation extremes | lowest point: Ruggeller Riet 430 m
highest point: Grauspitz 2,599 m |
lowest point: Atlantic Ocean 0 m
highest point: Slaettaratindur 882 m |
| Environment - current issues | NA | NA |
| Environment - international agreements | party to: Air Pollution, Air Pollution-Nitrogen Oxides, Air Pollution-Persistent Organic Pollutants, Air Pollution-Sulfur 85, Air Pollution-Sulfur 94, Air Pollution-Volatile Organic Compounds, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Ozone Layer Protection, Wetlands
signed, but not ratified: Law of the Sea |
- |
| Ethnic groups | Alemannic 86%, Italian, Turkish, and other 14% | Scandinavian |
| Exchange rates | Swiss francs per US dollar - 1.2435 (2004), 1.3467 (2003), 1.5586 (2002), 1.6876 (2001), 1.6888 (2000) | Danish kroner per US dollar - 6.5877 (2003), 7.89 (2002), 8.323 (2001), 8.083 (2000), 6.976 (1999) |
| Executive branch | chief of state: Prince HANS ADAM II (since 13 November 1989, assumed executive powers 26 August 1984); Heir Apparent Prince ALOIS, son of the monarch (born 11 June 1968); note - on 15 August 2004, HANS ADAM transferred the official duties of the ruling prince to ALOIS, but HANS ADAM retains status of chief of state
head of government: Head of Government Ottmar HASLER (since 5 April 2001) and Deputy Head of Government Rita KIEBER-BECK (since 5 April 2001) cabinet: Cabinet elected by the parliament, confirmed by the monarch elections: none; the monarch is hereditary; following legislative elections, the leader of the majority party in the Landtag is usually appointed the head of government by the monarch and the leader of the largest minority party in the Landtag is usually appointed the deputy head of government by the monarch |
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% note: coalition of Social Democrats, Union Party, and People's Party |
| Exports | $2.47 billion (1996) | NA (2001) |
| Exports - commodities | small specialty machinery, connectors for audio and video, parts for motor vehicles, dental products, hardware, prepared foodstuffs, electronic equipment, optical products | fish and fish products 94%, stamps, ships (1999) |
| Exports - partners | EU 62.6% (Germany 24.3%, Austria 9.5%, France 8.9%, Italy 6.6%, UK 4.6%), US 18.9%, Switzerland 15.7% | Denmark 36.7%, UK 32.1%, Netherlands 6.1%, Nigeria 5.6%, Norway 5.4% (2003) |
| Fiscal year | calendar year | calendar year |
| Flag description | two equal horizontal bands of blue (top) and red with a gold crown on the hoist side of the blue band | 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 - $1 billion (2001 est.) |
| GDP - composition by sector | agriculture: NA%
industry: 40% services: NA% (1999) |
agriculture: 27%
industry: 11% services: 62% (1999) |
| GDP - per capita | purchasing power parity - $25,000 (1999 est.) | purchasing power parity - $22,000 (2001 est.) |
| GDP - real growth rate | 11% (1999 est.) | 10% (2001 est.) |
| Geographic coordinates | 47 16 N, 9 32 E | 62 00 N, 7 00 W |
| Geography - note | along with Uzbekistan, one of only two doubly landlocked countries in the world; variety of microclimatic variations based on elevation | 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 |
| Highways | total: 250 km
paved: 250 km unpaved: 0 km |
total: 463 km
paved: 454 km unpaved: 9 km (1999) |
| Household income or consumption by percentage share | lowest 10%: NA%
highest 10%: NA% |
lowest 10%: NA
highest 10%: NA |
| Illicit drugs | has strengthened money-laundering controls, but money laundering remains a concern due to Liechtenstein sophisticated offshore financial services sector | - |
| Imports | $917.3 million (1996) | NA (2001) |
| Imports - commodities | agricultural products, raw materials, machinery, metal goods, textiles, foodstuffs, motor vehicles | machinery and transport equipment 29%, consumer goods 36%, raw materials and semi-manufactures 32%, fuels, fish and salt (1999) |
| Imports - partners | EU, Switzerland | Denmark 52.7%, Norway 22.5%, Iceland 4.7%, Germany 4.2%, UK 4% (2003) |
| Independence | 23 January 1719 (Principality of Liechtenstein established); 12 July 1806 (independence from the Holy Roman Empire) | none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark) |
| Industrial production growth rate | NA% | 8% (1999 est.) |
| Industries | electronics, metal manufacturing, dental products, ceramics, pharmaceuticals, food products, precision instruments, tourism, optical instruments | fishing, fish processing, shipbuilding, construction, handicrafts |
| Infant mortality rate | total: 4.7 deaths/1,000 live births
male: 6.34 deaths/1,000 live births female: 3.05 deaths/1,000 live births (2005 est.) |
total: 6.38 deaths/1,000 live births
male: 7.72 deaths/1,000 live births female: 5.03 deaths/1,000 live births (2004 est.) |
| Inflation rate (consumer prices) | 1% (2001) | 5.1% (1999) |
| International organization participation | CE, EBRD, EFTA, IAEA, ICCt, ICRM, IFRCS, Interpol, IOC, ITU, OPCW, OSCE, PCA, UN, UNCTAD, UPU, WCL, WIPO, WTO | IMO (associate), NC, NIB, UPU |
| Irrigated land | NA sq km | 0 sq km (1998 est.) |
| Judicial branch | Supreme Court or Oberster Gerichtshof; Court of Appeal or Obergericht | none |
| Labor force | 29,000 of whom 19,000 are foreigners; 13,000 commute from Austria, Switzerland, and Germany to work each day (31 December 2001) | 24,250 (October 2000) |
| Labor force - by occupation | agriculture 1.3%, industry 47.4%, services 51.3% (31 December 2001 est.) | fishing, fish processing, and manufacturing 33%, construction and private services 33%, public services 34% |
| Land boundaries | total: 76 km
border countries: Austria 34.9 km, Switzerland 41.1 km |
0 km |
| Land use | arable land: 25%
permanent crops: 0% other: 75% (2001) |
arable land: 2.14%
permanent crops: 0% other: 97.86% (2001) |
| Languages | German (official), Alemannic dialect | Faroese (derived from Old Norse), Danish |
| Legal system | local civil and penal codes; accepts compulsory ICJ jurisdiction, with reservations | Danish |
| Legislative branch | unicameral Parliament or Landtag (25 seats; members are elected by direct, popular vote under proportional representation to serve four-year terms)
elections: last held 11 and 13 March 2005 (next to be held by NA 2009) election results: percent of vote by party - FBP 48.7%, VU 38.2%, FL 13%; seats by party - FBP 12, VU 10, FL 3 |
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 Democrats 21.8%, Republican Party 21.7%, People's Party 20.6%, Center Party 5.2%, Independence Party 4.6%; seats by party - Union Party 7, Social Democrats 7, Republican Party 8, People's Party 7, Center Party 2, Independence Party 1 note: election of 2 seats to the Danish Parliament was last held on 20 November 2001 (next to be held 8 February 2005); results - percent of vote by party - NA; seats by party - Republican Party 1, Union Party 1 |
| Life expectancy at birth | total population: 79.55 years
male: 75.96 years female: 83.16 years (2005 est.) |
total population: 79.05 years
male: 75.6 years female: 82.51 years (2004 est.) |
| Literacy | definition: age 10 and over can read and write
total population: 100% male: 100% female: 100% |
definition: NA
total population: NA male: NA female: NA note: probably the same as Denmark proper |
| Location | Central Europe, between Austria and Switzerland | 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 | Europe |
| Maritime claims | none (landlocked) | 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: 7 ships (1,000 GRT or over) 24,051 GRT/11,998 DWT
by type: cargo 3, container 1, petroleum tanker 1, roll on/roll off 1, short-sea/passenger 1 foreign-owned: Denmark 2, Norway 1, United Kingdom 1 registered in other countries: 1 (2004 est.) |
| Military - note | defense is the responsibility of Switzerland | defense is the responsibility of Denmark |
| Military branches | - | no regular military forces |
| Military expenditures - dollar figure | - | NA |
| Military expenditures - percent of GDP | - | NA |
| National holiday | Assumption Day, 15 August | Olaifest, 29 July |
| Nationality | noun: Liechtensteiner(s)
adjective: Liechtenstein |
noun: Faroese (singular and plural)
adjective: Faroese |
| Natural hazards | NA | NA |
| Natural resources | hydroelectric potential, arable land | fish, whales, hydropower, possible oil and gas |
| Net migration rate | 4.8 migrant(s)/1,000 population (2005 est.) | 1.41 migrant(s)/1,000 population (2004 est.) |
| Pipelines | gas 20 km (2004) | - |
| Political parties and leaders | Patriotic Union (was Fatherland Union) or VU [Heinz FROMMELT]; Progressive Citizens' Party or FBP [Johannes MATT]; The Free List or FL [Dr. Pepo FRICK, Elisabeth TELLENBACH-FRICK, Adolf RITTER] | Center Party [Jenis A. RANA]; Independence Party [Helena Dam a NEYSTABO]; People's Party [Anfinn KALLSBERG]; Republican Party [Hogni HOYDAL]; Social Democratic Party [Joannes EIDESGAARD]; Union Party [Lisbeth PETERSEN] |
| Political pressure groups and leaders | NA | NA |
| Population | 33,717 (July 2005 est.) | 46,662 (July 2004 est.) |
| Population below poverty line | NA% | NA |
| Population growth rate | 0.82% (2005 est.) | 0.66% (2004 est.) |
| Ports and harbors | none | Torshavn, Klaksvik, Tvoroyri, Runavik, Fuglafjordhur |
| Radio broadcast stations | AM 0, FM 4, shortwave 0 (1998) | AM 1, FM 13, shortwave 0 (1998) |
| Religions | Roman Catholic 76.2%, Protestant 7%, unknown 10.6%, other 6.2% (June 2002) | Evangelical Lutheran |
| Sex ratio | at birth: 1.01 male(s)/female
under 15 years: 0.98 male(s)/female 15-64 years: 0.99 male(s)/female 65 years and over: 0.71 male(s)/female total population: 0.95 male(s)/female (2005 est.) |
at birth: 1 male(s)/female
under 15 years: 1 male(s)/female 15-64 years: 1.13 male(s)/female 65 years and over: 0.82 male(s)/female total population: 1.05 male(s)/female (2004 est.) |
| Suffrage | 18 years of age; universal | 18 years of age; universal |
| Telephone system | general assessment: automatic telephone system
domestic: NA international: country code - 423; linked to Swiss networks by cable and microwave radio relay |
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 | 19,900 (2002) | 23,000 (2002) |
| Telephones - mobile cellular | 11,400 (2002) | 30,700 (2002) |
| Television broadcast stations | NA (linked to Swiss networks) (1997) | 3 (plus 43 low-power repeaters) (September 1995) |
| Terrain | mostly mountainous (Alps) with Rhine Valley in western third | rugged, rocky, some low peaks; cliffs along most of coast |
| Total fertility rate | 1.51 children born/woman (2005 est.) | 2.22 children born/woman (2004 est.) |
| Unemployment rate | 1.3% (September 2002) | 1% (October 2000) |
| Waterways | 28 km (2004) | - |
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