
Faroe Islands in the World
Faroe Islands - Introduction 2009
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.
Faroe Islands - Geography 2009
top of pageLocation: Northern Europe island group between the Norwegian Sea and the North Atlantic Ocean about half way between Iceland and Norway
Geographic coordinates: 62 00 N 7 00 W
Map reference: Europe
Area
Total: 1393 km²
Rank: 182
Land: 1393 km²
Water: 0 km² (some lakes and streams)
Comparative: eight times the size of Washington DC
Land boundaries: 0 km
Coastline: 1117 km
Maritime claims
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
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
Extremes highest point: Slaettaratindur 882 m
Natural resources: fish whales hydropower possible oil and gas
Land use
Land use
Arable land: 2.14%
Permanent crops: 0%
Other: 97.86% (2005)
Irrigated land: 0 km²
Major rivers
Major watersheds area km²
Total water withdrawal
Total renewable water resources
Natural hazards: 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
Faroe Islands - People 2009
top of pagePopulation: 48,856 (July 2009 est.)
Rank: 208
Growth rate: 0.397% (2009 est.)
Growth rate rank: 164
Below poverty line: NA%
Nationality
Noun: Faroese
Adjective: Faroese
Ethnic groups: Scandinavian
Languages: Faroese (derived from Old Norse) Danish
Religions: Evangelical Lutheran 83.8% other and unspecified 16.2% (2006 administrative data)
Demographic profile
Age structure
Age structure
0-14 years: 21.6%
15-64 years: 64% (male 16,708/female 14,544)
65 years and over: 14.4% (male 3,324/female 3,721) (2009 est.)
Dependency ratios
Median age
Total: 36.9 years
Male: 36.3 years
Female: 37.7 years (2009 est.)
Population growth rate: 0.397% (2009 est.)
Rank: 164
Birth rate: 13.04 births/1000 population (2009 est.)
Rank: 156
Death rate: 8.66 deaths/1000 population (July 2009 est.)
Rank: 87
Net migration rate: -0.41 migrant(s)/1000 population (2009 est.)
Rank: 106
Population distribution
Urbanization
Urban population: 41% of total population
Rate of urbanization: 2% annual rate of change (2005-10 est.)
Major urban areas
Environment
Current issues: NA
International agreements party to: Marine Dumping - associate member to the London Convention and Ship Pollution
Air pollutants
Sex ratio
At birth: 1.07 male/female
Under 15 years: 1.07 male(s)/female
15-64 years: 1.15 male(s)/female
65 years and over: 0.89 male(s)/female
Total population: 1.09 male(s)/female (2009 est.)
Mothers mean age at first birth
Maternal mortality ratio
Infant mortality rate
Total: 6.32 deaths/1000 live births
Rank: 179
Male: 6.56 deaths/1000 live births
Female: 6.06 deaths/1000 live births (2009 est.)
Life expectancy at birth
Total population: 79.44 years
Rank: 28
Male: 77 years
Female: 82.05 years (2009 est.)
Total fertility rate: 2.44 children born/woman (2009 est.)
Rank: 101
Contraceptive prevalence rate
Drinking water source
Current health expenditure
Physicians density
Hospital bed density
Sanitation facility access
Hiv/Aids
Adult prevalence rate: NA
People living with hivaids: NA
Deaths: NA
Major infectious diseases
Obesity adult prevalence rate
Alcohol consumption
Tobacco use
Children under the age of 5 years underweight
Education expenditures
Literacy: NA; note - probably 99% the same as Denmark proper
School life expectancy primary to tertiary education
Youth unemployment
Faroe Islands - Government 2009
top of pageCountry name
Conventional long form: none
Conventional short form: Faroe Islands
Local long form: none
Local short form: Foroyar
Government type: NA
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
Administrative divisions: 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
Dependent areas
Independence: none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark)
National holiday: Olaifest (Olavasoka) 29 July
Constitution: 5 June 1953 (Danish constitution)
Legal system: the laws of Denmark where applicable apply
International law organization participation
Citizenship
Suffrage: 18 years of age; universal
Executive branch
Chief of state: Queen MARGRETHE II of Denmark represented by High Commissioner Birgit KLEIS chief administrative officer (since 1 November 2001)
Head of government: Prime Minister Kaj Leo JOHANNESSEN (since 26 September 2008)
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 19 January 2008 (next to be held no later than January 2012)
Election results: Joannes EIDESGAARD elected prime minister; governing coalition collapses in September 2008 Kaj Leo JOHANNESSEN becomes Prime Minister
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
Judicial branch: none
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]; Self-Government Party [Kari P. HOJGAARD]; Union Party [Kaj Leo JOHANNESEN]
International organization participation: Arctic Council FAO IMO (associate) NC NIB UPU
Diplomatic representation
In the us: none (self-governing overseas administrative division of Denmark)
From the us: none (self-governing overseas administrative division of Denmark)
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); the flag resembles those of neighboring Iceland and Norway and uses the same three colors - but in a different sequence
National symbols
National anthem
National heritage
Faroe Islands - Economy 2009
top of pageEconomy overview: The Faroese economy is dependent on fishing which makes the economy vulnerable to price swings. The sector accounts for 95% of exports and nearly half of GDP. 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.
Real gdp purchasing power parity: $1 billion (2001 est.)
Rank: 199
Real gdp growth rate: 2.4% (2005 est.)
Rank: 148
Real gdp per capita: $31,000 (2001 est.)
Rank: 43
Gross national saving
Gdp composition by sector of origin
Gdp composition by end use
Gdp composition by sector of origin
Agriculture: 27%
Industry: 11%
Services: 62% (1999)
Agriculture products: milk potatoes vegetables; sheep; salmon other fish
Industries: fishing fish processing small ship repair and refurbishment handicrafts
Industrial production growth rate: 8% (1999 est.)
Rank: 21
Labor force: 24,250 (October 2000)
Rank: 199
By occupation agriculture: 11.2%
By occupation industry: 21.9%
By occupation services: 66.9% (2007)
Labor force
Unemployment rate: 2.1% (2006)
Rank: 7
Youth unemployment
Population below poverty line: NA%
Gini index
Household income or consumption by percentage share
Lowest 10: NA%
Highest 10: NA%
Distribution of family income gini index
Budget
Revenues: $588 million
Expenditures: $623 million (2005)
Taxes and other revenues
Public debt
Revenue
Fiscal year
Inflation rate consumer prices: 1.8% (2005)
Rank: 14
Central bank discount rate
Commercial bank prime lending rate
Stock of narrow money
Stock of broad money
Stock of domestic credit
Market value of publicly traded shares
Current account balance
Exports: $634 million (2006)
Rank: 160
Commodities: fish and fish products 94% stamps ships (1999)
Partners: Denmark 27.3% UK 18.6% Croatia 12% Norway 11.7% Nigeria 10% Netherlands 5.5% (2008)
Imports: $751 million (2006)
Rank: 180
Commodities: consumer goods 36% raw materials and semi-manufactures 32% machinery and transport equipment 29% fuels fish salt (1999)
Partners: Denmark 50.4% Norway 20.2% Sweden 6.4% UK 4.2% Iceland 4.1% (2008)
Reserves of foreign exchange and gold
Debt external: $64 million (1999)
Rank: 192
Stock of direct foreign investment at home
Stock of direct foreign investment abroad
Exchange rates: Danish kroner (DKK) per US dollar - 5.0236 (2008 est.) 5.4797 (2007) 5.9468 (2006) 5.9969 (2005) 5.9911 (2004)
Faroe Islands - Energy 2009
top of pageElectricity
Production: 243.7 million kWh (2007 est.)
Production rank: 173
Consumption: 226.6 million kWh (2007 est.)
Consumption rank: 176
Exports: 0 kWh (2008 est.)
Imports: 0 kWh (2008 est.)
Coal
Petroleum
Crude oil
Refined petroleum
Natural gas
Production: 0 m³ (2008 est.)
Production rank: 180
Consumption: 0 m³ (2008 est.)
Consumption rank: 184
Exports: 0 m³ (2008)
Exports rank: 56
Imports: 0 m³ (2008 est.)
Imports rank: 181
Proven reserves: 0 m³ (1 January 2009 est.)
Proven reserves rank: 179
Carbon dioxide emissions
Energy consumption per capita
Faroe Islands - Communication 2009
top of pageTelephones
Main lines in use: 21,800 (2008)
Main lines in use rank: 192
Mobile cellular: 54,900 (2008)
Mobile cellular rank: 192
Telephone system
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
Broadcast media
Internet
Country code: .fo
Hosts: 8,833 (2009)
Hosts rank: 120
Users: 37,500 (2008)
Users rank: 175
Broadband fixed subscriptions
Faroe Islands - Military 2009
top of pageMilitary expenditures: NA
Military and security forces
Military service age and obligation
Space program
Terrorist groups
Faroe Islands - Transportation 2009
top of pageNational air transport system
Civil aircraft registration country code prefix
Airports: 1 (2009)
Rank: 233
With paved runways total: 1
With paved runways 914 to 1523 m: 1 (2009)
Heliports
Pipelines
Railways
Roadways
Total: 463 km
Rank: 192
Waterways
Merchant marine
Total: 12
Rank: 110
By type: cargo 9 passenger/cargo 3
Foreign owned: 5 (Iceland 1 Norway 4) (2008)
Ports and terminals: Torshavn Vagur
Faroe Islands - Transnational issues 2009
top of pageDisputes 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
Refugees and internally displaced persons
Illicit drugs
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