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Compare Venezuela (2002) - Faroe Islands (2006)
Compare Venezuela (2002) z Faroe Islands (2006)
| Venezuela (2002) | Faroe Islands (2006) | |
 |  | |
| Administrative divisions | 23 states (estados, singular - estado), 1 federal district* (distrito federal), and 1 federal dependency** (dependencia federal); Amazonas, Anzoategui, Apure, Aragua, Barinas, Bolivar, Carabobo, Cojedes, Delta Amacuro, Dependencias Federales**, Distrito Federal*, Falcon, Guarico, Lara, Merida, Miranda, Monagas, Nueva Esparta, Portuguesa, Sucre, Tachira, Trujillo, Vargas, Yaracuy, Zulia
note: the federal dependency consists of 11 federally controlled island groups with a total of 72 individual islands |
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: 31.6% (male 3,955,132; female 3,710,159)
15-64 years: 63.6% (male 7,756,362; female 7,695,738) 65 years and over: 4.8% (male 533,559; female 636,720) (2002 est.) |
0-14 years: 20.9% (male 4,940/female 4,952)
15-64 years: 65.1% (male 16,247/female 14,522) 65 years and over: 13.9% (male 2,976/female 3,609) (2006 est.) |
| Agriculture - products | corn, sorghum, sugarcane, rice, bananas, vegetables, coffee; beef, pork, milk, eggs; fish | milk, potatoes, vegetables; sheep; salmon, other fish |
| Airports | 372 (2001) | 1 (2006) |
| Airports - with paved runways | total: 127
over 3,047 m: 5 2,438 to 3,047 m: 11 1,524 to 2,437 m: 32 914 to 1,523 m: 61 under 914 m: 18 (2002) |
total: 1
914 to 1,523 m: 1 (2006) |
| Airports - with unpaved runways | total: 246
1,524 to 2,437 m: 10 914 to 1,523 m: 97 under 914 m: 139 (2002) |
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| Area | total: 912,050 sq km
land: 882,050 sq km water: 30,000 sq km |
total: 1,399 sq km
land: 1,399 sq km water: 0 sq km (some lakes and streams) |
| Area - comparative | slightly more than twice the size of California | eight times the size of Washington, DC |
| Background | Venezuela was one of the three countries that emerged from the collapse of Gran Colombia in 1830 (the others being Colombia and Ecuador). For most of the first half of the 20th century, Venezuela was ruled by generally benevolent military strongmen, who promoted the oil industry and allowed for some social reforms. Democratically-elected governments have held sway since 1959. Current concerns include: an embattled president who is losing his once solid support among Venezuelans, a divided military, drug-related conflicts along the Colombian border, increasing internal drug consumption, overdependence on the petroleum industry with its price fluctuations, and irresponsible mining operations that are endangering the rain forest and indigenous peoples. | 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 | 20.22 births/1,000 population (2002 est.) | 14.05 births/1,000 population (2006 est.) |
| Budget | revenues: $21.5 billion
expenditures: $27 billion, including capital expenditures of $NA (2000 est.) (2000 est.) |
revenues: $488 million
expenditures: $484 million; including capital expenditures of $21 million (1999) |
| Capital | Caracas | name: Torshavn
geographic coordinates: 62 01 N, 6 46 W time difference: UTC (5 hours ahead of Washington, DC during Standard Time) daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October |
| Climate | tropical; hot, humid; more moderate in highlands | mild winters, cool summers; usually overcast; foggy, windy |
| Coastline | 2,800 km | 1,117 km |
| Constitution | 30 December 1999 | 5 June 1953 (Danish constitution) |
| Country name | conventional long form: Bolivarian Republic of Venezuela
conventional short form: Venezuela local long form: Republica Bolivariana de Venezuela local short form: Venezuela |
conventional long form: none
conventional short form: Faroe Islands local long form: none local short form: Foroyar |
| Currency | bolivar (VEB) | - |
| Death rate | 4.91 deaths/1,000 population (2002 est.) | 8.7 deaths/1,000 population (2006 est.) |
| Debt - external | $34.5 billion (2000) (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 Charles S. SHAPIRO
embassy: Calle F con Calle Suapure, Urbanizacion Colinas de Valle Arriba, Caracas 1080 mailing address: P. O. Box 62291, Caracas 1060-A; APO AA 34037 telephone: [58] (212) 975-9234, 975-6411 FAX: [58] (212) 975-8991 |
none (self-governing overseas administrative division of Denmark) |
| Diplomatic representation in the US | chief of mission: Ambassador (vacant); Charge d' Affaires Luis HERERRA Marcano
chancery: 1099 30th Street NW, Washington, DC 20007 telephone: [1] (202) 342-2214 FAX: [1] (202) 342-6820 consulate(s) general: Boston, Chicago, Houston, Miami, New Orleans, New York, San Francisco, and San Juan (Puerto Rico) |
none (self-governing overseas administrative division of Denmark) |
| Disputes - international | claims all of Guyana west of the Essequibo (river); maritime boundary dispute with Colombia in the Gulf of Venezuela; several Caribbean states protest Venezuela's claim to Islas des Aves (Bird Islands), 565 km from Venezuelan mainland | because anticipated offshore hydrocarbon resources have not been realized, earlier Faroese proposals for full independence have been deferred; Iceland disputes the Faroe Islands' fisheries median line boundary; Iceland, the UK, and Ireland dispute Denmark's claim that the Faroe Islands' continental shelf extends beyond 200 nm |
| Economic aid - recipient | $35 million with more assistance likely as a result of flooding (1999) | $135 million (annual subsidy from Denmark) (1998) |
| Economy - overview | The petroleum sector dominates the economy, accounting for roughly a third of GDP, around 80% of export earnings, and more than half of government operating revenues. Venezuelan officials estimate that GDP grew by 2.7% in 2001. A strong rebound in international oil prices fueled the recovery from the steep recession in 1999. Nevertheless, a weak nonoil sector and capital flight - and a temporary fall in oil prices - undercut the recovery. In early 2002, President CHAVEZ changed the exchange rate regime from a crawling peg to a free floating exchange rate, causing the bolivar to depreciate significantly. | 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 minimal 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 have helped 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 (about 15% of GDP) from Denmark, the Faroese have a standard of living not far below the Danes and other Scandinavians. |
| Electricity - consumption | 75.101 billion kWh (2000) | 242 million kWh (2003) |
| Electricity - exports | 0 kWh (2000) | 0 kWh (2003) |
| Electricity - imports | 0 kWh (2000) | 0 kWh (2003) |
| Electricity - production | 80.754 billion kWh (2000) | 260.2 million kWh (2003) |
| Electricity - production by source | fossil fuel: 23%
hydro: 77% nuclear: 0% other: 0% (2000) |
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| Elevation extremes | lowest point: Caribbean Sea 0 m
highest point: Pico Bolivar (La Columna) 5,007 m |
lowest point: Atlantic Ocean 0 m
highest point: Slaettaratindur 882 m |
| Environment - current issues | sewage pollution of Lago de Valencia; oil and urban pollution of Lago de Maracaibo; deforestation; soil degradation; urban and industrial pollution, especially along the Caribbean coast; threat to the rainforest ecosystem from irresponsible mining operations | NA |
| Environment - international agreements | party to: Antarctic Treaty, Biodiversity, Climate Change, Desertification, Endangered Species, Hazardous Wastes, Marine Life Conservation, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands
signed, but not ratified: Marine Dumping |
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| Ethnic groups | Spanish, Italian, Portuguese, Arab, German, African, indigenous people | Scandinavian |
| Exchange rates | bolivares per US dollar - 761.225 (January 2002), 723.666 (2001), 679.960 (2000), 605.717 (1999), 547.556 (1998), 488.635 (1997) | Danish kroner per US dollar - 5.9969 (2005), 5.9911 (2004), 6.5877 (2003), 7.8947 (2002), 8.3228 (2001) |
| Executive branch | chief of state: President Hugo CHAVEZ Frias (since 3 February 1999); Vice President Jose Vicente RANGEL (since 28 April 2002); note - the president is both the chief of state and head of government
head of government: President Hugo CHAVEZ Frias (since 3 February 1999); Vice President Jose Vicente RANGEL (since 28 April 2002); note - the president is both the chief of state and head of government cabinet: Council of Ministers appointed by the president elections: president elected by popular vote for a six-year term; election last held 30 July 2000 (next to be held NA 2006) election results: Hugo CHAVEZ Frias reelected president; percent of vote - 60% |
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 | $29.5 billion f.o.b. (2001) | NA bbl/day |
| Exports - commodities | petroleum, bauxite and aluminum, steel, chemicals, agricultural products, basic manufactures | fish and fish products 94%, stamps, ships (1999) |
| Exports - partners | US 60%, Brazil 5.5%, Colombia 3.5%, Italy 3.5%, Spain 3.4% (2000) | Denmark 38.2%, UK 29.6%, Nigeria 8.9%, Norway 6.1%, Netherlands 4.3% (2005) |
| Fiscal year | calendar year | calendar year |
| Flag description | three equal horizontal bands of yellow (top), blue, and red with the coat of arms on the hoist side of the yellow band and an arc of seven white five-pointed stars centered in 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 - $146.2 billion (2001 est.) | - |
| GDP - composition by sector | agriculture: 5%
industry: 40% services: 55% (2001 est.) |
agriculture: 27%
industry: 11% services: 62% (1999) |
| GDP - per capita | purchasing power parity - $6,100 (2001 est.) | - |
| GDP - real growth rate | 2.7% (2001 est.) | 10% (2001 est.) |
| Geographic coordinates | 8 00 N, 66 00 W | 62 00 N, 7 00 W |
| Geography - note | on major sea and air routes linking North and South America; Angel Falls in the Guiana Highlands is the world's highest waterfall | 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 | 1 (2002) | - |
| Highways | total: 96,155 km
paved: 32,308 km unpaved: 63,847 km (1997 est.) |
- |
| Household income or consumption by percentage share | lowest 10%: 2%
highest 10%: 38% (1997) (1997) |
lowest 10%: NA%
highest 10%: NA% |
| Illicit drugs | small-scale illicit producer of opium and coca for the processing of opiates and coca derivatives; however, large quantities of cocaine, heroin, and marijuana transit the country from Colombia bound for US and Europe; significant narcotics-related money-laundering activity, especially along the border with Colombia and on Margarita Island; active eradication program primarily targeting opium; increasing signs of drug-related activities by Colombian insurgents on border | - |
| Imports | $18.4 billion f.o.b. (2001) | NA bbl/day |
| Imports - commodities | raw materials, machinery and equipment, transport equipment, construction materials | consumer goods 36%, raw materials and semi-manufactures 32%, machinery and transport equipment 29%, fuels, fish, salt (1999) |
| Imports - partners | US 35.8%, Colombia 6.8%, Brazil 4.5%, Germany 3.9%, Italy 3.9% (2000) | Denmark 46.2%, Norway 18.2%, Germany 8.2%, Spain 7.5%, Iceland 4.8% (2005) |
| Independence | 5 July 1811 (from Spain) | none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark) |
| Industrial production growth rate | NA% | 8% (1999 est.) |
| Industries | petroleum, iron ore mining, construction materials, food processing, textiles, steel, aluminum, motor vehicle assembly | fishing, fish processing, small ship repair and refurbishment, handicrafts |
| Infant mortality rate | 24.58 deaths/1,000 live births (2002 est.) | total: 6.12 deaths/1,000 live births
male: 7.4 deaths/1,000 live births female: 4.85 deaths/1,000 live births (2006 est.) |
| Inflation rate (consumer prices) | 12.3% (2001) (2001) | 5.1% (1999) |
| International organization participation | CAN, Caricom (observer), CCC, CDB, ECLAC, FAO, G-3, G-15, G-19, G-24, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICFTU, ICRM, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, ISO, ITU, LAES, LAIA, NAM, OAS, OPANAL, OPCW, OPEC, PCA, RG, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNIKOM, UNU, UPU, WCL, WFTU, WHO, WIPO, WMO, WToO, WTrO | Arctic Council, IMO (associate), NC, NIB, UPU |
| Internet Service Providers (ISPs) | 16 (2000) | - |
| Irrigated land | 540 sq km (1998 est.) | 0 sq km |
| Judicial branch | Supreme Tribunal of Justice or Tribuna Suprema de Justicia (magistrates are elected by the National Assembly for a single 12-year term) | none |
| Labor force | 9.9 million (1999) (1999) | 24,250 (October 2000) |
| Labor force - by occupation | services 64%, industry 23%, agriculture 13% (1997 est.) | agriculture: 33%
industry: 33% services: 34% |
| Land boundaries | total: 4,993 km
border countries: Brazil 2,200 km, Colombia 2,050 km, Guyana 743 km |
0 km |
| Land use | arable land: 2.99%
permanent crops: 0.96% other: 96.05% (1998 est.) |
arable land: 2.14%
permanent crops: 0% other: 97.86% (2005) |
| Languages | Spanish (official), numerous indigenous dialects | Faroese (derived from Old Norse), Danish |
| Legal system | based on organic laws as of July 1999; open, adversarial court system; has not accepted compulsory ICJ jurisdiction | Danish |
| Legislative branch | unicameral National Assembly or Asamblea Nacional (165 seats; members elected by popular vote to serve five-year terms; three seats reserved for the indigenous peoples of Venezuela)
elections: last held 30 July 2000 (next to be held NA 2005) election results: percent of vote by party - NA%; seats by party - pro-government 108 (MVR 92, MAS 6, indigenous 3, other 7), opposition 57 (AD 33, COPEI 6, Justice First 5, other 13) |
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%; seats by party - Union Party 7, Social Democratic Party 7, Republican Party 8, 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 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: 73.56 years
male: 70.53 years female: 76.81 years (2002 est.) |
total population: 79.35 years
male: 75.91 years female: 82.8 years (2006 est.) |
| Literacy | definition: age 15 and over can read and write
total population: 91.1% male: 91.8% female: 90.3% (1995 est.) |
definition: NA
total population: NA% male: NA% female: NA% note: probably 100%, the same as Denmark proper |
| Location | Northern South America, bordering the Caribbean Sea and the North Atlantic Ocean, between Colombia and Guyana | 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 | South America | Europe |
| Maritime claims | contiguous zone: 15 NM
continental shelf: 200-m depth or to the depth of exploitation 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 | total: 45 ships (1,000 GRT or over) totaling 716,361 GRT/1,267,095 DWT
ships by type: bulk 7, cargo 9, liquefied gas 3, passenger/cargo 1, petroleum tanker 14, roll on/roll off 10, short-sea passenger 1 note: includes some foreign-owned ships registered here as a flag of convenience: Denmark 1, Greece 1, Italy 1, United Kingdom 1, United States 2 (2002 est.) |
total: 18 ships (1000 GRT or over) 19,265 GRT/9,171 DWT
by type: cargo 10, container 2, passenger/cargo 4, petroleum tanker 2 foreign-owned: 8 (Iceland 4, Norway 4) (2006) |
| Military - note | - | defense is the responsibility of Denmark |
| Military branches | National Armed Forces (Fuerzas Armadas Nacionales or FAN) includes Ground Forces or Army (Fuerzas Terrestres or Ejercito), Naval Forces (Fuerzas Navales or Armada - including marines and Coast Guard), Air Force (Fuerzas Aereas or Aviacion), Armed Forces of Cooperation or National Guard (Fuerzas Armadas de Cooperacion or Guardia Nacional) | no regular military forces |
| Military expenditures - dollar figure | $934 million (FY99) | NA |
| Military expenditures - percent of GDP | 0.9% (FY99) | NA |
| Military manpower - availability | males age 15-49: 6,647,718 (2002 est.) | - |
| Military manpower - fit for military service | males age 15-49: 4,786,849 (2002 est.) | - |
| Military manpower - military age | 18 years of age (2002 est.) | - |
| Military manpower - reaching military age annually | males: 246,185 (2002 est.) | - |
| National holiday | Independence Day, 5 July (1811) | Olaifest (Olavasoka), 29 July |
| Nationality | noun: Venezuelan(s)
adjective: Venezuelan |
noun: Faroese (singular and plural)
adjective: Faroese |
| Natural hazards | subject to floods, rockslides, mudslides; periodic droughts | NA |
| Natural resources | petroleum, natural gas, iron ore, gold, bauxite, other minerals, hydropower, diamonds | fish, whales, hydropower, possible oil and gas |
| Net migration rate | -0.11 migrant(s)/1,000 population (2002 est.) | 0.47 migrant(s)/1,000 population (2006 est.) |
| Pipelines | crude oil 6,370 km; petroleum products 480 km; natural gas 4,010 km | - |
| Political parties and leaders | Democratic Action or AD [Claudio FERMIN]; Fifth Republic Movement or MVR [Garcia PONCE]; Homeland for All or PPT [Jose ALBORNIZ]; Justice First [Julio BORGES]; Movement Toward Socialism or MAS [Hector MUJICA]; National Convergence or Convergencia [Juan Jose CALDERA]; Radical Cause or La Causa R [Antonio HERRERA]; Social Christian Party or COPEI [Oswaldo ALVAREZ Paz]; Venezuela Project or PV [Henrique SALAS Romer] | 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 | FEDECAMARAS, a conservative business group; VECINOS groups; Venezuelan Confederation of Workers or CTV (labor organization dominated by the Democratic Action) | NA |
| Population | 24,287,670 (July 2002 est.) | 47,246 (July 2006 est.) |
| Population below poverty line | 67% (1997 est.) | NA% |
| Population growth rate | 1.52% (2002 est.) | 0.58% (2006 est.) |
| Ports and harbors | Amuay, Bajo Grande, El Tablazo, La Guaira, La Salina, Maracaibo, Matanzas, Palua, Puerto Cabello, Puerto la Cruz, Puerto Ordaz, Puerto Sucre, Punta Cardon | - |
| Radio broadcast stations | AM 201, FM NA (20 in Caracas), shortwave 11 (1998) | AM 1, FM 13, shortwave 0 (1998) |
| Radios | 10.75 million (1997) | - |
| Railways | total: 682 km
standard gauge: 682 km 1.435-m gauge note: 248 km of the existing system are privately owned; passenger services are nonexistent; however, a National Railways Plan, intended to provide a significant railway system, has been initiated (2001) |
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| Religions | nominally Roman Catholic 96%, Protestant 2%, other 2% | Evangelical Lutheran |
| Sex ratio | at birth: 1.07 male(s)/female
under 15 years: 1.07 male(s)/female 15-64 years: 1.01 male(s)/female 65 years and over: 0.84 male(s)/female total population: 1.02 male(s)/female (2002 est.) |
at birth: 1 male(s)/female
under 15 years: 1 male(s)/female 15-64 years: 1.12 male(s)/female 65 years and over: 0.83 male(s)/female total population: 1.05 male(s)/female (2006 est.) |
| Suffrage | 18 years of age; universal | 18 years of age; universal |
| Telephone system | general assessment: modern and expanding
domestic: domestic satellite system with 3 earth stations; recent substantial improvement in telephone service in rural areas; substantial increase in digitalization of exchanges and trunk lines; installation of a national interurban fiber-optic network capable of digital multimedia services international: 3 submarine coaxial cables; satellite earth stations - 1 Intelsat (Atlantic Ocean) and 1 PanAmSat; participating with Colombia, Ecuador, Peru, and Bolivia in the construction of an international fiber-optic network |
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 | 2.6 million (however, 3,500,000 have been installed) (1998) | 23,800 (2005) |
| Telephones - mobile cellular | 2 million (1998) | 42,500 (2005) |
| Television broadcast stations | 66 (plus 45 repeaters) (1997) | 3 (plus 43 low-power repeaters) (September 1995) |
| Terrain | Andes Mountains and Maracaibo Lowlands in northwest; central plains (llanos); Guiana Highlands in southeast | rugged, rocky, some low peaks; cliffs along most of coast |
| Total fertility rate | 2.41 children born/woman (2002 est.) | 2.17 children born/woman (2006 est.) |
| Unemployment rate | 14.1% (2001 est.) | 1% (October 2000) |
| Waterways | 7,100 km
note: Rio Orinoco and Lago de Maracaibo accept oceangoing vessels |
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