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Compare World (2001) - Faroe Islands (2008)

Compare World (2001) z Faroe Islands (2008)

 World (2001)Faroe Islands (2008)
 WorldFaroe Islands
Administrative divisions 267 nations, dependent areas, other, and miscellaneous entries 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 34 municipalities
Age structure 0-14 years:
29.6% (male 933,647,850; female 886,681,514)

15-64 years:
63.4% (male 1,975,418,386; female 1,931,021,694)

65 years and over:
7% (male 188,760,223; female 241,449,691) (2001 est.)
0-14 years: 20.6% (male 4,882/female 4,904)


15-64 years: 65.3% (male 16,353/female 14,668)


65 years and over: 14.1% (male 3,041/female 3,663) (2007 est.)
Agriculture - products - milk, potatoes, vegetables; sheep; salmon, other fish
Airports - 1 (2007)
Airports - with paved runways - total: 1


914 to 1,523 m: 1 (2007)
Area total:
510.072 million sq km

land:
148.94 million sq km

water:
361.132 million sq km

note:
70.8% of the world's surface is water, 29.2% is land
total: 1,399 sq km


land: 1,399 sq km


water: 0 sq km (some lakes and streams)
Area - comparative land area about 16 times the size of the US eight times the size of Washington, DC
Background Globally, the 20th century was marked by: (a) two devastating world wars; (b) the Great Depression of the 1930s; (c) the end of vast colonial empires; (d) rapid advances in science and technology, from the first airplane flight at Kitty Hawk, North Carolina (US) to the landing on the moon; (e) the Cold War between the Western alliance and the Warsaw Pact nations; (f) a sharp rise in living standards in North America, Europe, and Japan; (g) increased concerns about the environment, including loss of forests, shortages of energy and water, the drop in biological diversity, and air pollution; (h) the onset of the AIDS epidemic; and (i) the ultimate emergence of the US as the only world superpower. The planet's population continues to explode: from 1 billion in 1820, to 2 billion in 1930, 3 billion in 1960, 4 billion in 1974, 5 billion in 1988, and 6 billion in 2000. For the 21st century, the continued exponential growth in science and technology raises both hopes (e.g., advances in medicine) and fears (e.g., development of even more lethal weapons of war). 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 21.37 births/1,000 population (2001 est.) 14.12 births/1,000 population (2007 est.)
Budget - revenues: $588 million


expenditures: $623 million (2005)
Capital - name: Torshavn


geographic coordinates: 62 01 N, 6 46 W


time difference: UTC 0 (5 hours ahead of Washington, DC during Standard Time)


daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October
Climate two large areas of polar climates separated by two rather narrow temperate zones from a wide equatorial band of tropical to subtropical climates mild winters, cool summers; usually overcast; foggy, windy
Coastline 356,000 km 1,117 km
Constitution - 5 June 1953 (Danish constitution)
Country name - conventional long form: none


conventional short form: Faroe Islands


local long form: none


local short form: Foroyar
Death rate 8.93 deaths/1,000 population (2001 est.) 8.69 deaths/1,000 population (2007 est.)
Debt - external $2 trillion for less developed countries (2000 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 - none (self-governing overseas administrative division of Denmark)
Diplomatic representation in the US - none (self-governing overseas administrative division of Denmark)
Disputes - international - because anticipated offshore hydrocarbon resources have not been realized, earlier Faroese proposals for full independence have been deferred; Iceland, the UK, and Ireland dispute Denmark's claim that the Faroe Islands' continental shelf extends beyond 200 nm
Economic aid - recipient traditional worldwide foreign aid $50 billion (1997 est.) $105 million; note - annual subsidy from Denmark (2005)
Economy - overview Growth in global output (gross world product, GWP) rose to 4.8% in 2000 from 3.5% in 1999, despite continued low growth in Japan, severe financial difficulties in other East Asian countries, and widespread dislocations in several transition economies. The US economy continued its remarkable sustained prosperity, growing at 5% in 2000, although growth slowed in fourth quarter 2000; the US accounted for 23% of GWP. The EU economies grew at 3.3% and produced 20% of GWP. China, the second largest economy in the world, continued its strong growth and accounted for 10% of GWP. Japan grew at only 1.3% in 2000; its share in GWP is 7%. As usual, the 15 successor nations of the USSR and the other old Warsaw Pact nations experienced widely different rates of growth. The developing nations also varied in their growth results, with many countries facing population increases that eat up gains in output. Externally, the nation-state, as a bedrock economic-political institution, is steadily losing control over international flows of people, goods, funds, and technology. Internally, the central government often finds its control over resources slipping as separatist regional movements - typically based on ethnicity - gain momentum, e.g., in many of the successor states of the former Soviet Union, in the former Yugoslavia, in India, and in Canada. In Western Europe, governments face the difficult political problem of channeling resources away from welfare programs in order to increase investment and strengthen incentives to seek employment. The addition of 80 million people each year to an already overcrowded globe is exacerbating the problems of pollution, desertification, underemployment, epidemics, and famine. Because of their own internal problems and priorities, the industrialized countries devote insufficient resources to deal effectively with the poorer areas of the world, which, at least from the economic point of view, are becoming further marginalized. Continued financial difficulties in East Asia, Russia, and many African nations, as well as the slowdown in US economic growth, cast a shadow over short-term global economic prospects; GWP probably will grow at 3-4% in 2001. The introduction of the euro as the common currency of much of Western Europe in January 1999, while paving the way for an integrated economic powerhouse, poses serious economic risks because of varying levels of income and cultural and political differences among the participating nations. (For specific economic developments in each country of the world in 2000, see the individual country entries.) The Faroese economy is dependent on fishing, which makes the economy vulnerable to price swings. Since 2003 the Faroese economy has picked up as a result of higher prices for fish and for housing. Unemployment is minimal and government finances are relatively sound. Oil finds close to the Islands give hope for economically recoverable deposits, which could eventually lay the basis for a more diversified economy and 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 - 269.7 million kWh (2005)
Electricity - exports - 0 kWh (2005)
Electricity - imports - 0 kWh (2005)
Electricity - production - 290 million kWh (2005)
Electricity - production by source fossil fuel:
NA%

hydro:
NA%

nuclear:
NA%

other:
NA%
-
Elevation extremes lowest point:
Bentley Subglacial Trench -2,540 m

highest point:
Mount Everest 8,850 m (1999 est.)
lowest point: Atlantic Ocean 0 m


highest point: Slaettaratindur 882 m
Environment - current issues large areas subject to overpopulation, industrial disasters, pollution (air, water, acid rain, toxic substances), loss of vegetation (overgrazing, deforestation, desertification), loss of wildlife, soil degradation, soil depletion, erosion NA
Environment - international agreements - party to: Marine Dumping -associate member to the London Convention and Ship Pollution
Ethnic groups - Scandinavian
Exchange rates - Danish kroner per US dollar - 5.4797 (2007), 5.9468 (2006), 5.9969 (2005), 5.9911 (2004), 6.5877 (2003)
Executive branch - 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 $6 trillion (f.o.b., 2000 est.) 0 bbl/day (2004)
Exports - commodities the whole range of industrial and agricultural goods and services fish and fish products 94%, stamps, ships (1999)
Exports - partners in value, about 75% of exports from the developed countries Denmark 31%, UK 27.4%, Norway 10.3%, Nigeria 9.5%, Netherlands 5.6% (2006)
Fiscal year - calendar year
Flag description - 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 GWP (gross world product) - purchasing power parity - $43.6 trillion (2000 est.) -
GDP - composition by sector agriculture:
4%

industry:
32%

services:
64% (1999 est.)
agriculture: 27%


industry: 11%


services: 62% (1999)
GDP - per capita purchasing power parity - $7,200 (2000 est.) -
GDP - real growth rate 4.8% (2000 est.) 2.4% (2005 est.)
Geographic coordinates - 62 00 N, 7 00 W
Geography - note - 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:
NA km

paved:
NA km

unpaved:
NA km
-
Household income or consumption by percentage share lowest 10%:
NA%

highest 10%:
NA%
lowest 10%: NA%


highest 10%: NA%
Imports $6 trillion (f.o.b., 2000 est.) 4,580 bbl/day (2004)
Imports - commodities the whole range of industrial and agricultural goods and services consumer goods 36%, raw materials and semi-manufactures 32%, machinery and transport equipment 29%, fuels, fish, salt (1999)
Imports - partners in value, about 75% of imports by the developed countries Denmark 52.6%, Norway 20.7%, Iceland 6.1%, Sweden 4.3% (2006)
Independence - none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark)
Industrial production growth rate 6% (2000 est.) 8% (1999 est.)
Industries dominated by the onrush of technology, especially in computers, robotics, telecommunications, and medicines and medical equipment; most of these advances take place in OECD nations; only a small portion of non-OECD countries have succeeded in rapidly adjusting to these technological forces; the accelerated development of new industrial (and agricultural) technology is complicating already grim environmental problems fishing, fish processing, small ship repair and refurbishment, handicrafts
Infant mortality rate 52.61 deaths/1,000 live births (2001 est.) total: 6.01 deaths/1,000 live births


male: 7.25 deaths/1,000 live births


female: 4.76 deaths/1,000 live births (2007 est.)
Inflation rate (consumer prices) all countries 25%; developed countries 1% to 3% typically; developing countries 5% to 60% typically (2000 est.)

note:
national inflation rates vary widely in individual cases, from stable prices in Japan to hyperinflation in a number of Third World countries
1.8% (2005)
International organization participation - Arctic Council, IMO (associate), NC, NIB, UPU
Internet Service Providers (ISPs) 10,350 (2000 est.) -
Irrigated land 2,481,250 sq km (1993 est.) 0 sq km
Judicial branch - none
Labor force NA 24,250 (October 2000)
Labor force - by occupation agricultue NA%, industry NA%, services NA% agriculture: 33%


industry: 33%


services: 34% (October 2000)
Land boundaries the land boundaries in the world total 251,480.24 km (not counting shared boundaries twice) 0 km
Land use arable land:
10%

permanent crops:
1%

permanent pastures:
26%

forests and woodland:
32%

other:
31% (1993 est.)
arable land: 2.14%


permanent crops: 0%


other: 97.86% (2005)
Languages - Faroese (derived from Old Norse), Danish
Legal system all members of the UN plus Switzerland are parties to the statute that established the International Court of Justice (ICJ) or World Court the laws of Denmark, where applicable, apply
Legislative branch - unicameral Faroese Parliament or Logting (33 seats; members are elected by popular vote on a proportional basis from the seven constituencies to serve four-year terms)


elections: last held 19 January 2008 (next to be held no later than January 2012)


election results: percent of vote by party - Union Party 21%, Social Democratic Party 19.4%, Republican Party 23.3%, People's Party 20.1%, Center Party 8.4%, Self-Government Party 7.2%, other 0.6%; seats by party - Republican Party 8, Union Party 7, Social Democratic Party 6, People's Party 7, Center Party 3, Independence Party 2


note: election of two seats to the Danish Parliament was last held on 13 November 2007 (next to be held no later than November 2011); results - percent of vote by party - NA; seats by party - Republican Party 1, Union Party 1
Life expectancy at birth total population:
63.79 years

male:
62.15 years

female:
65.51 years (2001 est.)
total population: 79.49 years


male: 76.06 years


female: 82.93 years (2007 est.)
Literacy - definition: NA


total population: NA%


male: NA%


female: NA%


note: probably 100%, the same as Denmark proper
Location - 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 World, Time Zones Europe
Maritime claims contiguous zone:
24 NM claimed by most, but can vary

continental shelf:
200-m depth claimed by most or to depth of exploitation; others claim 200 NM or to the edge of the continental margin

exclusive fishing zone:
200 NM claimed by most, but can vary

exclusive economic zone:
200 NM claimed by most, but can vary

territorial sea:
12 NM claimed by most, but can vary

note:
boundary situations with neighboring states prevent many countries from extending their fishing or economic zones to a full 200 NM; 43 nations and other areas that are landlocked include Afghanistan, Andorra, Armenia, Austria, Azerbaijan, Belarus, Bhutan, Bolivia, Botswana, Burkina Faso, Burundi, Central African Republic, Chad, Czech Republic, Ethiopia, Holy See (Vatican City), Hungary, Kazakhstan, Kyrgyzstan, Laos, Lesotho, Liechtenstein, Luxembourg, Malawi, Mali, Moldova, Mongolia, Nepal, Niger, Paraguay, Rwanda, San Marino, Slovakia, Swaziland, Switzerland, Tajikistan, The Former Yugoslav Republic of Macedonia, Turkmenistan, Uganda, Uzbekistan, West Bank, Zambia, Zimbabwe
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: 16 ships (1000 GRT or over) 92,454 GRT/63,291 DWT


by type: cargo 10, container 2, passenger/cargo 3, petroleum tanker 1


foreign-owned: 8 (Iceland 4, Norway 4) (2007)
Military - note - defense is the responsibility of Denmark
Military branches - no regular military forces
Military expenditures - dollar figure aggregate real expenditure on arms worldwide in 1999 remained at approximately the 1998 level, about three-quarters of a trillion dollars (1999 est.) -
Military expenditures - percent of GDP roughly 2% of gross world product (1999 est.) NA
National holiday - Olaifest (Olavasoka), 29 July
Nationality - noun: Faroese (singular and plural)


adjective: Faroese
Natural hazards large areas subject to severe weather (tropical cyclones), natural disasters (earthquakes, landslides, tsunamis, volcanic eruptions) NA
Natural resources the rapid using up of nonrenewable mineral resources, the depletion of forest areas and wetlands, the extinction of animal and plant species, and the deterioration in air and water quality (especially in Eastern Europe, the former USSR, and China) pose serious long-term problems that governments and peoples are only beginning to address fish, whales, hydropower, possible oil and gas
Net migration rate - 0 migrant(s)/1,000 population (2007 est.)
Political parties and leaders - Center Party [Jenis A. RANA]; Independence Party [Kari P. HOJGAARD]; People's Party [Jorgen NICLASEN]; Republican Party [Hogni HOYDAL]; Social Democratic Party [Joannes EIDESGAARD]; Union Party [Kaj Leo JOHANNESEN]
Political pressure groups and leaders - NA
Population 6,157,400,560 (July 2001 est.) 47,511 (July 2007 est.)
Population below poverty line - NA%
Population growth rate 1.25% (2001 est.) 0.543% (2007 est.)
Ports and harbors Chiba, Houston, Kawasaki, Kobe, Marseille, Mina' al Ahmadi (Kuwait), New Orleans, New York, Rotterdam, Yokohama -
Radio broadcast stations AM NA, FM NA, shortwave NA AM 1, FM 13, shortwave 0 (1998)
Radios NA -
Railways total:
1,201,337 km includes about 190,000 to 195,000 km of electrified routes of which 147,760 km are in Europe, 24,509 km in the Far East, 11,050 km in Africa, 4,223 km in South America, and 4,160 km in North America; note - fastest speed in daily service is 300 km/hr attained by France's Societe Nationale des Chemins-de-Fer Francais (SNCF) Le Train a Grande Vitesse (TGV) - Atlantique line

broad gauge:
251,153 km

standard gauge:
710,754 km

narrow gauge:
239,430 km
-
Religions - Evangelical Lutheran
Sex ratio at birth:
1.05 male(s)/female

under 15 years:
1.05 male(s)/female

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

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

total population:
1.05 male(s)/female (2001 est.)
at birth: 1 male(s)/female


under 15 years: 0.996 male(s)/female


15-64 years: 1.115 male(s)/female


65 years and over: 0.83 male(s)/female


total population: 1.045 male(s)/female (2007 est.)
Suffrage - 18 years of age; universal
Telephone system general assessment:
NA

domestic:
NA

international:
NA
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 NA 23,000 (2006)
Telephones - mobile cellular NA 50,000 (2006)
Television broadcast stations NA 3 (plus 43 repeaters) (September 1995)
Terrain the greatest ocean depth is the Mariana Trench at 10,924 m in the Pacific Ocean rugged, rocky, some low peaks; cliffs along most of coast
Total fertility rate 2.73 children born/woman (2001 est.) 2.15 children born/woman (2007 est.)
Unemployment rate 30% combined unemployment and underemployment in many non-industrialized countries; developed countries typically 4%-12% unemployment (2000 est.) 2.1% (2006)
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