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Faroe Islands

(part of the Kingdom of Denmark)


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Introduction

Background: 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.

Geography

Location: Northern Europe, island group between the Norwegian Sea and the north Atlantic Ocean, about one-half of the way from Iceland to Norway

Geographic coordinates: 62 00 N, 7 00 W

Map references: Europe

Area
  total: 1,399 sq km
  land: 1,399 sq km
  water: 0 sq km (some lakes and streams)

Area - comparative: eight times the size of Washington, DC

Land boundaries: 0 km

Coastline: 1,117 km

Maritime claims
  exclusive fishing zone: 200 nm
  territorial sea: 3 nm

Climate: mild winters, cool summers; usually overcast; foggy, windy

Terrain: rugged, rocky, some low peaks; cliffs along most of coast

Elevation extremes
  lowest point: Atlantic Ocean 0 m
  highest point: Slaettaratindur 882 m

Natural resources: fish, whales, hydropower

Land use
  arable land: 6%
  permanent crops: 0%
  permanent pastures: 0%
  forests and woodland: 0%
  other: 94% (1996)

Irrigated land: 0 sq km

Natural hazards: NA

Environment - current issues: NA

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

People

Population: 45,296 (July 2000 est.)

Age structure
  0-14 years: 23% (male 5,233; female 5,163)
  15-64 years: 63% (male 15,270; female 13,382)
  65 years and over: 14% (male 2,788; female 3,460) (2000 est.)

Population growth rate: 0.83% (2000 est.)

Birth rate: 13.58 births/1,000 population (2000 est.)

Death rate: 8.7 deaths/1,000 population (2000 est.)

Net migration rate: 3.38 migrant(s)/1,000 population (2000 est.)

Sex ratio
  at birth: 1.05 male(s)/female
  under 15 years: 1.01 male(s)/female
  15-64 years: 1.14 male(s)/female
  65 years and over: 0.81 male(s)/female
  total population: 1.06 male(s)/female (2000 est.)

Infant mortality rate: 6.94 deaths/1,000 live births (2000 est.)

Life expectancy at birth
  total population: 78.43 years
  male: 74.96 years
  female: 81.92 years (2000 est.)

Total fertility rate: 2.32 children born/woman (2000 est.)

Nationality
  noun: Faroese (singular and plural)
  adjective: Faroese

Ethnic groups: Scandinavian

Religions: Evangelical Lutheran

Languages: Faroese (derived from Old Norse), Danish

Literacy
  definition: NA
  total population: NA%
  male: NA%
  female: NA% (Note: similar to Denmark proper)

Government

Country name
  conventional long form: none
  conventional short form: Faroe Islands
  local long form: none
  local short form: Foroyar

Data code: FO

Dependency status: part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark since 1948

Government type: NA

Capital: Torshavn

Administrative divisions: none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark)

Independence: none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark)

National holiday: Birthday of the Queen, 16 April (1940)

Constitution: 5 June 1953 (Danish constitution)

Legal system: Danish

Suffrage: 18 years of age; universal

Executive branch
  chief of state: Queen MARGRETHE II of Denmark (since 14 January 1972), represented by High Commissioner Bente KLINTE, chief administrative officer (since NA)
  head of government: Prime Minister Anfinn KALLSBERG (since 9 May 1998)
  cabinet: Landsstyri elected by the Faroese Parliament
  elections: the monarch is hereditary; high commissioner appointed by the monarch; following legislative elections, the leader of the party that wins the most seats is usually elected prime minister by the Faroese Parliament; election last held 30 April 1998 (next to be held NA 2002)
  election results: Anfinn KALLSBERG elected prime minister; percent of parliamentary vote - NA

Legislative branch: 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 1998 (next to be held by NA July 2002)
  election results: percent of vote by party - Republican Party 23.8%, People's Party 21.3%, Social Democratic Party 21.9%, Coalition Party (Union Party, Labor Front, Home Rule Party) 18%; seats by party - Republican Party 8, People's Party 8, Social Democratic Party 7, Coalition Party 6, other parties 3 (Note: election of 2 seats to the Danish Parliament was last held on 11 March 1998 (next to be held by NA 2002); results - percent of vote by party - NA; seats by party - Social Democratic Party 1, People's Party 1)

Judicial branch: none

Political parties and leaders: Center Party [Tordur NICLASEN]; Christian People's Party [Niels Pauli DANIELSEN]; Home Rule Party [Helena Dam A. NEYSTABO]; Labor Front [leader NA]; People's Party [Oli BRECKMANN]; Republican Party [Finnbogi ISAKSON]; Social Democratic Party [Joannes EIDESGAARD]; The Faroese Party [Olavur CHRISTIANSEN]; Union Party [Edmund JOENSEN]

International organization participation: NC, NIB

Diplomatic representation in the US: none (self-governing overseas administrative division of Denmark)

Diplomatic representation from the US: none (self-governing overseas administrative division of Denmark)

Flag description: white with a red cross outlined in blue that extends to the edges of the flag; the vertical part of the cross is shifted to the hoist side in the style of the Dannebrog (Danish flag)

Economy

Economy - overview: After the severe economic troubles of the early 1990s, brought on by a drop in the vital fish catch, the Faroe Islands have come back in the last few years, with unemployment down to 5% in mid-1998. Nevertheless, the almost total dependence on fishing means the economy remains extremely vulnerable. The Faroese hope to broaden their economic base by building new fish-processing plants. Oil finds close to the Faroese area give hope for deposits in the immediate area, which may lay the basis to sustained economic prosperity. The Faroese are supported by a substantial annual subsidy from Denmark.

GDP: purchasing power parity - $700 million (1996 est.)

GDP - real growth rate: 6% (1996 est.)

GDP - per capita: purchasing power parity - $16,000 (1996 est.)

GDP - composition by sector
  agriculture: 20%
  industry: 16%
  services: 64% (1996 est.)

Population below poverty line: NA%

Household income or consumption by percentage share
  lowest 10%: NA%
  highest 10%: NA%

Inflation rate (consumer prices): 2.8% (1996 est.)

Labor force: 20,500 (1996 est.)

Labor force - by occupation: largely engaged in fishing, manufacturing, transportation, commerce

Unemployment rate: 5% (1998 est.)

Budget
  revenues: $467 million
  expenditures: $468 million, including capital expenditures of $11 million (1996 est.)

Industries: fishing, shipbuilding, construction, handicrafts

Industrial production growth rate: NA%

Electricity - production: 186 million kWh (1998)

Electricity - production by source
  fossil fuel: 53.76%
  hydro: 45.7%
  nuclear: 0%
  other: 0.54% (1998)

Electricity - consumption: 173 million kWh (1998)

Electricity - exports: 0 kWh (1998)

Electricity - imports: 0 kWh (1998)

Agriculture - products: milk, potatoes, vegetables; sheep; salmon, other fish

Exports: $362 million (f.o.b., 1995)

Exports - commodities: fish and fish products 92%, animal feedstuffs, transport equipment (ships)

Exports - partners: Denmark 31%, UK 25%, Germany 9%, France 7%, Spain 6%, US 2% (1996)

Imports: $315.6 million (c.i.f., 1995)

Imports - commodities: machinery and transport equipment 17.0%, consumer goods 33%, raw materials and semi-manufactures 26.9%, fuels 11.4%, fish and salt 6.7%

Imports - partners: Denmark 33%, Norway 18%, UK 8% Germany 9%, Sweden 5%, US 2% (1996)

Debt - external: $767 million (1995 est.)

Economic aid - recipient: $150 million (annual subsidy from Denmark) (1995)

Currency: 1 Danish krone (DKr) = 100 oere

Exchange rates: Danish kroner (DKr) per US$1 - 7.336 (January 2000), 6.976 (1999), 6.701 (1998), 6.604 (1997), 5.799 (1966), 5.602 (1995)

Fiscal year: calendar year

Communications

Telephones - main lines in use: 22,000 (1995)

Telephones - mobile cellular: 2,558 (1995)

Telephone system: good international communications; good domestic facilities
  domestic: digitalization was to have been completed in 1998
  international: satellite earth stations - 1 Orion; 1 fiber-optic submarine cable linking the Faroe Islands with Denmark and Iceland

Radio broadcast stations: AM 1, FM 13, shortwave 0 (1998)

Radios: 26,000 (1997)

Television broadcast stations: 7 (plus 51 low-power repeaters) (September 1995)

Televisions: 15,000 (1997)

Internet Service Providers (ISPs): NA

Transportation

Railways: 0 km

Highways
  total: 458 km
  paved: 450 km
  unpaved: 8 km (1995 est.)

Ports and harbors: Torshavn, Klaksvik, Tvoroyri, Runavik, Fuglafjorour

Merchant marine
  total: 6 ships (1,000 GRT or over) totaling 22,853 GRT/13,481 DWT
  ships by type: cargo 2, petroleum tanker 1, refrigerated cargo 1, roll-on/roll-off 1, short-sea passenger 1 (1999 est.)

Airports: 1 (1999 est.)

Airports - with paved runways
  total: 1
  914 to 1,523 m: 1 (1999 est.)

Military

Military branches: no organized native military forces; only a small Police Force and Coast Guard are maintained

Military expenditures - dollar figure: $NA

Military expenditures - percent of GDP: NA%

Military - note: defense is the responsibility of Denmark

Transnational Issues

Disputes - international: none

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Site Version 1.75 - Last updated December 20, 2006

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