Compare Micronesia, Federated States of (2003) - Faroe Islands (2003)

Compare Micronesia, Federated States of (2003) z Faroe Islands (2003)

	Micronesia, Federated States of (2003)	Faroe Islands (2003)

Administrative divisions	4 states; Chuuk (Truk), Kosrae (Kosaie), Pohnpei (Ponape), 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: 38.4% (male 21,163; female 20,335) 15-64 years: 58.5% (male 31,746; female 31,477) 65 years and over: 3.2% (male 1,558; female 1,864) (2003 est.)	0-14 years: 22% (male 5,103; female 5,077) 15-64 years: 64.4% (male 15,822; female 14,002) 65 years and over: 13.7% (male 2,842; female 3,499) (2003 est.)
Agriculture - products	black pepper, tropical fruits and vegetables, coconuts, cassava (tapioca), betel nuts, sweet potatoes; pigs, chickens	milk, potatoes, vegetables; sheep; salmon, other fish
Airports	7 (2002)	1 (2002)
Airports - with paved runways	total: 6 1,524 to 2,437 m: 4 914 to 1,523 m: 2 (2002)	total: 1 914 to 1,523 m: 1 (2002)
Airports - with unpaved runways	total: 1 914 to 1,523 m: 1 (2002)	-
Area	total: 702 sq km land: 702 sq km water: 0 sq km (fresh water only) note: includes Pohnpei (Ponape), Chuuk (Truk) Islands, Yap Islands, and Kosrae (Kosaie)	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 (land area only)	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 US. 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	26.47 births/1,000 population (2003 est.)	13.81 births/1,000 population (2003 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	5.1 deaths/1,000 population (2003 est.)	8.7 deaths/1,000 population (2003 est.)
Debt - external	$53.1 million (FY 02/03 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 Larry M. DINGER 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 over the Faroe Islands continental shelf boundary outside 200 NM
Economic aid - recipient	under terms of the Compact of Free Association, the US pledged $1.3 billion in grant aid during the period 1986-2001	$55 million (annual subsidy from Denmark)
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 remote location, a lack of adequate facilities, and limited air connections hinder development. In November 2002, the country experienced a further reduction in future revenues from the Compact of Free Association - the agreement with the US in which Micronesia received $1.3 billion in financial and technical assistance over a 15-year period until 2001. The country's medium-term economic outlook appears fragile due not only to the reduction in US assistance but also to the slow growth of the private sector. 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: 0% hydro: 0% nuclear: 0% other: 0%	fossil fuel: 62.4% hydro: 37.6% nuclear: 0% other: 0% (2001)
Elevation extremes	lowest point: Pacific Ocean 0 m highest point: Dolohmwar (Totolom) 791 m	lowest point: Atlantic Ocean 0 m highest point: Slaettaratindur 882 m
Environment - current issues	overfishing, climate change, pollution	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 1	Danish kroner per US dollar - 7.89 (2002), 8.32 (2001), 8.08 (2000), 6.98 (1999), 6.7 (1998)
Executive branch	chief of state: President Joseph J. URUSEMAL (since 11 May 2003); Vice President Redley KILLION; note - the president is both the chief of state and head of government head of government: President Joseph J. URUSEMAL (since 11 May 2003); Vice President Redley KILLION; 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 11 May 2003 (next to be held NA May 2007); note - a proposed constitutional amendment to establish popular elections for president and vice president failed election results: Joseph J. URUSEMAL 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 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 majority party or the leader of the majority coalition is usually elected prime minister by the Faroese Parliament; election last held 30 April 2002 (next to be held no later than April 2006) election results: Anfinn KALLSBERG elected prime minister; percent of parliamentary vote - 52.8% note: coalition of People's Party, Republican Party, Home Rule Party, and Center Party
Exports	$22 million (f.o.b.) (FY 99/00 est.)	NA (2001)
Exports - commodities	fish, garments, bananas, black pepper	fish and fish products 94%, stamps, ships (1999)
Exports - partners	Japan, US, Guam (2000)	Denmark 39.9%, UK 32.1%, Norway 7.4%, Netherlands 6.1% (2002)
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 - $277 million note: $277 million $277 million GDP is supplemented by grant aid, averaging perhaps $100 million annually (2002 est.)	purchasing power parity - $1 billion (2001 est.)
GDP - composition by sector	agriculture: 50% industry: 4% services: 46% (2000 est.)	agriculture: 27% industry: 11% services: 62% (1999)
GDP - per capita	purchasing power parity - $2,000 (2002 est.)	purchasing power parity - $22,000 (2001 est.)
GDP - real growth rate	1% (2002 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 (1999 est.)	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	$149 million f.o.b. (FY 99/00 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, Australia, Japan (2000)	Denmark 53.8%, Norway 24.2%, Iceland 5.7% (2002)
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, specialized aquaculture, craft items from shell, wood, and pearls	fishing, fish processing, shipbuilding, construction, handicrafts
Infant mortality rate	total: 32.39 deaths/1,000 live births male: 35.65 deaths/1,000 live births female: 28.97 deaths/1,000 live births	total: 6.52 deaths/1,000 live births male: 7.9 deaths/1,000 live births female: 5.13 deaths/1,000 live births (2003 est.)
Inflation rate (consumer prices)	1% (2002 est.)	5.1% (1999)
International organization participation	ACP, AsDB, ESCAP, G-77, IBRD, ICAO, IDA, IFC, IFRCS (associate), IMF, IOC, ITU, OPCW, Sparteca, SPC, SPF, UN, UNCTAD, UNESCO, WHO, WMO	IMO (associate), NC, NIB
Internet Service Providers (ISPs)	1 (2000)	2 (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: 5.71% permanent crops: 45.71% other: 48.58% (1998 est.)	arable land: 2.14% permanent crops: 0% other: 97.86% (1998 est.)
Languages	English (official and common language), Trukese, Pohnpeian, Yapese, Kosrean, Ulithian, Woleaian, Nukuoro, Kapingamarangi	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 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 4 March 2003 (next to be held NA March 2007); elections for two-year term seats last held 4 March 2003 (next to be held NA March 2005) 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 30 April 2002 (next to be held no later than April 2006) election results: percent of vote by party - Union Party 26%, Republican Party 23.7%, Social Democrats 20.9%, People's Party 20.8% Home Rule Party 4.4%, Center Party 4.2%; seats by party - Union Party 8, Republican Party 8, Social Democrats 7, People's Party 7, Home Rule Party 1, Center Party 1 note: election of 2 seats to the Danish Parliament was last held on 20 November 2001 (next to be held no later than November 2005); results - percent of vote by party - NA; seats by party - Republican Party 1, Union Party 1
Life expectancy at birth	total population: 69.13 years male: 67.39 years female: 70.95 years (2003 est.)	total population: 78.9 years male: 75.44 years female: 82.36 years (2003 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: similar to 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	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	none note: includes a foreign-owned ship registered here as a flag of convenience: US 1 (2002 est.)	total: 7 ships (1,000 GRT or over) 100,951 GRT/139,396 DWT ships by type: cargo 2, petroleum tanker 2, refrigerated cargo 1, roll on/roll off 1, short-sea passenger 1 note: includes some foreign-owned ships registered here as a flag of convenience: Denmark 3, Norway 1, United Kingdom 1 (2002 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 indigenous military forces; small Police Force and Coast Guard are maintained
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; Chuukese, Kosraen(s), Pohnpeian(s), 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
Net migration rate	-20.98 migrant(s)/1,000 population (2003 est.)	1.9 migrant(s)/1,000 population (2003 est.)
Political parties and leaders	no formal parties	Center Party [Tordur NICLASEN]; Home Rule Party [Helena Dam a NEYSTABO]; People's Party [Oli BRECKMANN]; Republican Party [Finnabogi ISAKSON]; Social Democratic Party [Joannes EIDESGAARD]; Union Party [Edmund JOENSEN]
Political pressure groups and leaders	-	NA
Population	108,143 (July 2003 est.)	46,345 (July 2003 est.)
Population below poverty line	26.7%	NA%
Population growth rate	0.04% (2003 est.)	0.7% (2003 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)
Railways	0 km	0 km
Religions	Roman Catholic 50%, Protestant 47%	Evangelical Lutheran
Sex ratio	1.05 male(s)/female (2003 est.)	at birth: 1 male(s)/female under 15 years: 1.01 male(s)/female 15-64 years: 1.13 male(s)/female 65 years and over: 0.81 male(s)/female total population: 1.05 male(s)/female (2003 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 - 5 Intelsat (Pacific Ocean) (2002)	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	11,000 (2001)	24,851 (1999)
Telephones - mobile cellular	newly installed in Pohnpei and Yap	10,761 (1999)
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 Chuuk	rugged, rocky, some low peaks; cliffs along most of coast
Total fertility rate	3.5 children born/woman (2003 est.)	2.24 children born/woman (2003 est.)
Unemployment rate	16% (1999 est.)	1% (October 2000)
Waterways	none	none

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