Statistical information Faroe Islands 1989
Faroe Islands in the World
top of pageBackground: 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.
top of pageLocationGeographic coordinatesMap referenceAreaLand boundaries: none
Coastline: 764 km
Maritime claimsContiguous zone: 4 nm
Continental shelf: 200 meters or to depth of exploitation
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
ElevationNatural resources: fish
Land use: 2% arable land; 0% permanent crops; 0% meadows and pastures; 0% forest and woodland; 98% other
Irrigated landMajor riversMajor watersheds area km²Total water withdrawalTotal renewable water resourcesNatural hazardsGeographyNote: defense is the responsibility of Denmark
top of pagePopulation: 47,283 (July 1989), growth rate 0.9% (1989)
Nationality: noun - Faroese (sing., pl.; adjective - Faroese
Ethnic groups: homogeneous Scandinavian population
Languages: Faroese (derived from Old Norse), Danish
Religions: Evangelical Lutheran
Demographic profileAge structureDependency ratiosMedian agePopulation growth rateBirth rate: 17 births/1000 population (1989)
Death rate: 8 deaths/1000 population (1989)
Net migration rate: 0 migrants/1000 population (1989)
Population distributionUrbanizationMajor urban areasEnvironmentCurrent issues: precipitous terrain limits habitation to small coastal lowlands; archipelago of 18 inhabited islands and a few uninhabited islets
Air pollutantsSex ratioMothers mean age at first birthMaternal mortality ratioInfant mortality rate: 9 deaths/1000 live births (1989)
Life expectancy at birth: 74 years male, 81 years female (1989)
Total fertility rate: 2.2 children born/woman (1989)
Contraceptive prevalence rateDrinking water sourceCurrent health expenditurePhysicians densityHospital bed densitySanitation facility accessHiv/AidsMajor infectious diseasesObesity adult prevalence rateAlcohol consumptionTobacco useChildren under the age of 5 years underweightEducation expendituresLiteracy: 99%
School life expectancy primary to tertiary educationYouth unemploymenttop of pageCountry name: conventional long form: none
Government type: part of the Danish realm; self-governing overseas administrative division
Capital: Torshavn
Administrative divisions: none (overseas administrative division of Denmark)
Dependent areasIndependence: part of the Danish realm; self-governing overseas administrative division
National holiday: Birthday of the Queen, 16 April (1940)
Constitution: Danish
Legal system: Danish
International law organization participationCitizenshipSuffrage: universal, but not compulsory, over age 20
Executive branch: Chief of State - Queen MARGRETHE II (since 14 January 1972), represented by High Commissioner Bent KLINTE (since NA 19 ; Head of Government - Prime Minister Jogvan SUNDSTEIN (since 17 January 1989)
Legislative branch: legislative authority rests jointly with crown, acting through appointed high commissioner, and 32-member provincial parliament (Lagting) in matters of strictly Faroese concern; executive power vested in crown, acting through high commissioner, but exercised by provincial cabinet responsible to provincial parliament
Judicial branchPolitical parties and leadersInternational organization participation: Nordic Council
Diplomatic representationIn 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)
National symbolsNational anthemNational heritagetop of pageEconomy overview: The Faroese enjoy a relatively high standard of living, with per capita GNP coming to $16,800 in 1986. Agricultural activities are limited to raising sheep and to potato and vegetable cultivation because of the cool summers. Fishing is the dominant economic activity. It employs over 25% of the labor force, accounts for about 25% of GNP, and contributes over 90% to export revenues. A handicraft industry employs about 20% of the labor force. The Faroes has a labor shortage, and immigrant workers accounted for 5% of the work force in 1987. Denmark annually subsidizes the economy; in 1986 the subsidy came to 15% of GDP.
Real gdp purchasing power parityReal gdp growth rateReal gdp per capita pppGross national savingGdp composition by sector of origin
Gdp composition by end useGdp composition by sector of originAgriculture products: sheep and cattle herding, potatoes, vegetables;
Industries: fishing, ship building, handicrafts
Industrial production growth rate: NA%
Labor force: 17,585; largely engaged in fishing, manufacturing, transportation, and commerce
Unemployment rate: labor shortage Budget:revenues $176 million; expenditures $176 million, including capital expenditures of NA (FY86)
Youth unemploymentPopulation below poverty lineGini indexHousehold income or consumption by percentage shareDistribution of family income gini indexBudgetPublic debtTaxes and other revenuesRevenueFiscal year: 1 April-31 March
Current account balanceInflation rate consumer pricesCentral bank discount rateCommercial bank prime lending rateStock of narrow moneyStock of broad moneyStock of domestic creditMarket value of publicly traded sharesCurrent account balanceExports: $267 million (f.o.b., 1986)
Commodities: fish and fish products 86%, animal feedstuffs, transport equipment
Partners: Denmark 18%, US 14%, FRG, France, UK, Canada
Imports: $363 million (c.i.f., 1986)
Commodities: machinery and transport equipment 38%, food and livestock 11%, fuels 10%, manufactures 10%, chemicals 5%
Commodities partners: Denmark 46%, FRG, Norway, Japan, UK
Reserves of foreign exchange and goldDebt external: $518 million (1986)
Stock of direct foreign investment at homeStock of direct foreign investment abroadExchange rates: Danish kroner (DKr) per US$1 - 7.085 (January 1989), 6.732 (1988), 6.840 (1987), 8.091 (1986), 10.596 (1985)
top of pageElectricity accessElectricity productionElectricity consumptionElectricity exportsElectricity importsElectricity installed generating capacityElectricity transmission distribution lossesElectricity generation sourcesPetroleumRefined petroleumNatural gasCarbon dioxide emissionsEnergy consumption per capitatop of pageTelephones fixed linesTelephones mobile cellularTelephone systemBroadcast mediaInternet country codeInternet usersBroadband fixed subscriptionstop of pageMilitary expendituresMilitary and security forcesMilitary service age and obligationSpace programTerrorist groupstop of pageNational air transport systemCivil aircraft registration country code prefixAirports: 1 with permanent-surface runways 1,220-2,439 m
Airports with paved runwaysAirports with unpaved runwaysHeliportsPipelinesRailwaysRoadwaysWaterwaysMerchant marine: 3 ships (1,000 GRT or over) totaling 10,642 GRT/5,459 DWT; includes 1 short-sea passenger, 1 cargo, 1 roll-on/roll-off cargo
Ports and terminalstop of pageDisputes internationalRefugees and internally displaced personsIllicit drugs