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Compare Micronesia, Federated States of (2001) - Faroe Islands (2004)
Compare Micronesia, Federated States of (2001) z Faroe Islands (2004)
| Micronesia, Federated States of (2001) | Faroe Islands (2004) | |
 |  | |
| Administrative divisions | 4 states; Chuuk (Truk), Kosrae, Pohnpei, Yap | 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:
NA% 15-64 years: NA% 65 years and over: NA% |
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 | black pepper, tropical fruits and vegetables, coconuts, cassava (tapioca), sweet potatoes; pigs, chickens | milk, potatoes, vegetables; sheep; salmon, other fish |
| Airports | 7 (2000 est.) | 1 (2003 est.) |
| Airports - with paved runways | total:
6 1,524 to 2,437 m: 4 914 to 1,523 m: 2 (2000 est.) |
total: 1
914 to 1,523 m: 1 (2004 est.) |
| Airports - with unpaved runways | total:
1 914 to 1,523 m: 1 (2000 est.) |
- |
| Area | total:
702 sq km land: 702 sq km water: 0 sq km note: includes Pohnpei (Ponape), Truk (Chuuk) Islands, Yap Islands, and Kosrae |
total: 1,399 sq km
land: 1,399 sq km water: 0 sq km (some lakes and streams) |
| Area - comparative | four times the size of Washington, DC | eight times the size of Washington, DC |
| Background | In 1979 the Federated States of Micronesia, a UN Trust Territory under US administration, adopted a constitution. In 1986 independence was attained under a Compact of Free Association with the United States. Present concerns include large-scale unemployment, overfishing, and overdependence on US aid. | 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 | - | 13.89 births/1,000 population (2004 est.) |
| Budget | revenues:
$161 million ($69 million less grants) expenditures: $160 million, including capital expenditures of $NA (1998 est.) |
revenues: $488 million
expenditures: $484 million, including capital expenditures of $21 million (1999) |
| Capital | Palikir | Torshavn |
| Climate | tropical; heavy year-round rainfall, especially in the eastern islands; located on southern edge of the typhoon belt with occasionally severe damage | mild winters, cool summers; usually overcast; foggy, windy |
| Coastline | 6,112 km | 1,117 km |
| Constitution | 10 May 1979 | 5 June 1953 (Danish constitution) |
| Country name | conventional long form:
Federated States of Micronesia conventional short form: none former: Ponape, Truk, and Yap Districts (Trust Territory of the Pacific Islands) abbreviation: FSM |
conventional long form: none
conventional short form: Faroe Islands local long form: none local short form: Foroyar |
| Currency | US dollar (USD) | Danish krone (DKK) |
| Death rate | - | 8.68 deaths/1,000 population (2004 est.) |
| Debt - external | $111 million (1997 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 Diane E. WATSON embassy: address NA, Kolonia mailing address: P. O. Box 1286, Kolonia, Pohnpei, Federated States of Micronesia 96941 telephone: [691] 320-2187 FAX: [691] 320-2186 |
none (self-governing overseas administrative division of Denmark) |
| Diplomatic representation in the US | chief of mission:
Ambassador Jesse Bibiano MAREHALAU chancery: 1725 N Street NW, Washington, DC 20036 telephone: [1] (202) 223-4383 FAX: [1] (202) 223-4391 consulate(s) general: Honolulu and Tamuning (Guam) |
none (self-governing overseas administrative division of Denmark) |
| Disputes - international | none | 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 | under terms of the Compact of Free Association, the US will provide $1.3 billion in grant aid during the period 1986-2001 | $135 million (annual subsidy from Denmark) (1998) |
| Economy - overview | Economic activity consists primarily of subsistence farming and fishing. The islands have few mineral deposits worth exploiting, except for high-grade phosphate. The potential for a tourist industry exists, but the remoteness of the location and a lack of adequate facilities hinder development. In 1996, the country experienced a 20% reduction in revenues from the Compact of Free Association - the agreement between the US and Micronesia in which Micronesia receives $1.3 billion in financial and technical assistance over a 15-year period until 2001 - as a result of the second step-down under the agreement. Since these revenues accounted for 57% of consolidated government revenues, reduced Compact funding resulted in a severe depression. While Micronesia's economy appears to have bottomed out in 1999, the country's medium-term economic outlook remains fragile due to likely further reductions in external grants made under the US Compact funding. Geographical isolation and a poorly developed infrastructure remain major impediments to long-term growth. | 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 | NA kWh | 149.1 million kWh (2001) |
| Electricity - exports | - | 0 kWh (2001) |
| Electricity - imports | - | 0 kWh (2001) |
| Electricity - production | NA kWh | 160.4 million kWh (2001) |
| Electricity - production by source | fossil fuel:
NA% hydro: NA% nuclear: NA% other: NA% |
- |
| Elevation extremes | lowest point:
Pacific Ocean 0 m highest point: Totolom 791 m |
lowest point: Atlantic Ocean 0 m
highest point: Slaettaratindur 882 m |
| Environment - current issues | overfishing | NA |
| Environment - international agreements | party to:
Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Hazardous Wastes, Law of the Sea, Ozone Layer Protection signed, but not ratified: none of the selected agreements |
- |
| Ethnic groups | nine ethnic Micronesian and Polynesian groups | Scandinavian |
| Exchange rates | the US dollar is used | 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:
President Leo A. FALCAM (since 21 July 1999); Vice President Redley KILLION (since 21 July 1999); note - the president is both the chief of state and head of government head of government: President Leo A. FALCAM (since 21 July 1999); Vice President Redley KILLION (since 21 July 1999); note - the president is both the chief of state and head of government cabinet: Cabinet elections: president and vice president elected by Congress from among the four senators-at-large for four-year terms; election last held NA May 1999 (next to be held NA May 2003) election results: Leo A. FALCAM elected president; percent of Congress vote - NA%; Redley KILLION elected vice president; percent of Congress vote - NA% |
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 | $73 million (f.o.b., 1996 est.) | NA (2001) |
| Exports - commodities | fish, garments, bananas, black pepper | fish and fish products 94%, stamps, ships (1999) |
| Exports - partners | Japan, US, Guam | Denmark 36.7%, UK 32.1%, Netherlands 6.1%, Nigeria 5.6%, Norway 5.4% (2003) |
| Fiscal year | 1 October - 30 September | calendar year |
| Flag description | light blue with four white five-pointed stars centered; the stars are arranged in a diamond pattern | 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 - $263 million (1999 est.)
note: GDP is supplemented by grant aid, averaging perhaps $100 million annually |
purchasing power parity - $1 billion (2001 est.) |
| GDP - composition by sector | agriculture:
19% industry: 4% services: 77% (1996 est.) |
agriculture: 27%
industry: 11% services: 62% (1999) |
| GDP - per capita | purchasing power parity - $2,000 (1999 est.) | purchasing power parity - $22,000 (2001 est.) |
| GDP - real growth rate | 0.3% (1999 est.) | 10% (2001 est.) |
| Geographic coordinates | 6 55 N, 158 15 E | 62 00 N, 7 00 W |
| Geography - note | four major island groups totaling 607 islands | 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:
240 km paved: 42 km unpaved: 198 km (1996) |
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 |
| Imports | $168 million (c.i.f., 1996 est.) | NA (2001) |
| Imports - commodities | food, manufactured goods, machinery and equipment, beverages | machinery and transport equipment 29%, consumer goods 36%, raw materials and semi-manufactures 32%, fuels, fish and salt (1999) |
| Imports - partners | US, Japan, Australia | Denmark 52.7%, Norway 22.5%, Iceland 4.7%, Germany 4.2%, UK 4% (2003) |
| Independence | 3 November 1986 (from the US-administered UN Trusteeship) | none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark) |
| Industrial production growth rate | NA% | 8% (1999 est.) |
| Industries | tourism, construction, fish processing, craft items from shell, wood, and pearls | fishing, fish processing, shipbuilding, construction, handicrafts |
| Infant mortality rate | - | 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) | 2.6% (FY98/99) | 5.1% (1999) |
| International organization participation | ACP, AsDB, ESCAP, G-77, IBRD, ICAO, IDA, IFC, IMF, Intelsat, IOC, ITU, OPCW, Sparteca, SPC, SPF, UN, UNCTAD, UNESCO, WHO, WMO | IMO (associate), NC, NIB, UPU |
| Internet Service Providers (ISPs) | 1 (2000) | - |
| Irrigated land | NA sq km | 0 sq km (1998 est.) |
| Judicial branch | Supreme Court | none |
| Labor force | NA | 24,250 (October 2000) |
| Labor force - by occupation | two-thirds are government employees | fishing, fish processing, and manufacturing 33%, construction and private services 33%, public services 34% |
| Land boundaries | 0 km | 0 km |
| Land use | arable land:
NA% permanent crops: NA% permanent pastures: NA% forests and woodland: NA% other: NA% |
arable land: 2.14%
permanent crops: 0% other: 97.86% (2001) |
| Languages | English (official and common language), Trukese, Pohnpeian, Yapese, Kosrean | Faroese (derived from Old Norse), Danish |
| Legal system | based on adapted Trust Territory laws, acts of the legislature, municipal, common, and customary laws | Danish |
| Legislative branch | unicameral Congress (14 seats; members elected by popular vote; four - one elected from each of state - to serve four-year terms and 10 - elected from single-member districts delineated by population - to serve two-year terms)
elections: elections for four-year term seats last held 2 March 1999 (next to be held NA March 2003); elections for two-year term seats last held 6 March 2001 (next to be held NA March 2003) election results: percent of vote - NA%; seats - independents 14 |
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: 79.05 years
male: 75.6 years female: 82.51 years (2004 est.) |
| Literacy | definition:
age 15 and over can read and write total population: 89% male: 91% female: 88% (1980 est.) |
definition: NA
total population: NA male: NA female: NA note: probably the same as Denmark proper |
| Location | Oceania, island group in the North Pacific Ocean, about three-quarters of the way from Hawaii to Indonesia | 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 | Oceania | Europe |
| Maritime claims | exclusive economic zone:
200 NM territorial sea: 12 NM |
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 | none (2000 est.) | 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 | Federated States of Micronesia (FSM) is a sovereign, self-governing state in free association with the US; FSM is totally dependent on the US for its defense | 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 | Constitution Day, 10 May (1979) | Olaifest, 29 July |
| Nationality | noun:
Micronesian(s) adjective: Micronesian; Kosrae(s), Pohnpeian(s), Trukese, Yapese |
noun: Faroese (singular and plural)
adjective: Faroese |
| Natural hazards | typhoons (June to December) | NA |
| Natural resources | forests, marine products, deep-seabed minerals | fish, whales, hydropower, possible oil and gas |
| Net migration rate | - | 1.41 migrant(s)/1,000 population (2004 est.) |
| Political parties and leaders | no formal parties | 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 |
| Population | 134,597 (July 2001 est.) | 46,662 (July 2004 est.) |
| Population below poverty line | NA% | NA |
| Population growth rate | - | 0.66% (2004 est.) |
| Ports and harbors | Colonia (Yap), Kolonia (Pohnpei), Lele, Moen | Torshavn, Klaksvik, Tvoroyri, Runavik, Fuglafjordhur |
| Radio broadcast stations | AM 5, FM 1, shortwave 0 (1998) | AM 1, FM 13, shortwave 0 (1998) |
| Radios | NA | - |
| Railways | 0 km | - |
| Religions | Roman Catholic 50%, Protestant 47%, other and none 3% | Evangelical Lutheran |
| Sex ratio | - | 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:
adequate system domestic: islands interconnected by shortwave radiotelephone (used mostly for government purposes) international: satellite earth stations - 4 Intelsat (Pacific Ocean) |
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 | 11,000 (2001) | 23,000 (2002) |
| Telephones - mobile cellular | NA | 30,700 (2002) |
| Television broadcast stations | 2 (1997) | 3 (plus 43 low-power repeaters) (September 1995) |
| Terrain | islands vary geologically from high mountainous islands to low, coral atolls; volcanic outcroppings on Pohnpei, Kosrae, and Truk | rugged, rocky, some low peaks; cliffs along most of coast |
| Total fertility rate | - | 2.22 children born/woman (2004 est.) |
| Unemployment rate | 16% (1999 est.) | 1% (October 2000) |
| Waterways | none | - |
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