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 granted the Faroese in 1948, who have autonomy over most internal affairs while Denmark is responsible for justice, defense, and foreign affairs. The Faroe Islands are not part of the European Union.
Climate: mild winters, cool summers; usually overcast; foggy, windy
Terrain: rugged, rocky, some low peaks; cliffs along most of coast
Natural hazards: strong winds and heavy rains can occur throughout the year
GeographyNote: 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
top of pageEthnic groups:
Faroese 87.6% (Scandinavian and Anglo-Saxon descent), Danish 7.8%, other 4.6% (includes Icelandic, Norwegian, Filipino, Greenlandic, Thai, British) (2018 est.)
note: data represent respondents by country of birth
Languages:
Faroese 93.8% (derived from Old Norse), Danish 3.2%, other 3% (2011 est.)
note: data represent population by primary language
Religions: Christian 89.3% (predominantly Evangelical Lutheran), other 0.7%, more than one religion 0.2%, none 3.8%, unspecified 6% (2011 est.)
Age structure0-14 years: 19.79% (male 5,220 /female 4,878)
15-24 years: 14.17% (male 3,714 /female 3,515)
25-54 years: 37.24% (male 10,280 /female 8,718)
55-64 years: 11.82% (male 3,094 /female 2,934)
65 years and over: 16.98% (male 4,194 /female 4,471) (2018 est.)
Population distribution: the island of Streymoy is by far the most populous with over 40% of the population; it has approximately twice as many inhabitants as Eysturoy, the second most populous island; seven of the inhabited islands have fewer than 100 people
top of pageGovernment type: parliamentary democracy (Faroese Parliament); part of the Kingdom of Denmark
Administrative divisions: part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark; there are 29 first-order municipalities (kommunur, singular - kommuna) Eidhis, Eystur, Famjins, Fuglafjardhar, Fugloyar, Hovs, Husavikar, Hvalbiar, Hvannasunds, Klaksvikar, Kunoyar, Kvivik, Nes, Porkeris, Runavikar, Sands, Sjovar, Skalavikar, Skopunar, Skuvoyar, Sorvags, Sumbiar, Sunda, Torshavnar, Tvoroyrar, Vaga, Vags, Vestmanna, Vidhareidhis
Independence: none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark)
National holiday: Olaifest (Olavsoka) (commemorates the death in battle of King OLAF II of Norway, later St. OLAF), 29 July (1030)
ConstitutionHistory: 5 June 1953 (Danish Constitution), 23 March 1948 (Home Rule Act), and 24 June 2005 (Takeover Act) serve as the Faroe Islands constitutional position in the Unity of the Realm (2016)
Amendments: see entry for Denmark (2016)
Executive branchChief of state: Queen MARGRETHE II of Denmark (since 14 January 1972), represented by High Commissioner Dan Michael KNUDSEN, chief administrative officer (since 1 January 2008)
Head of government: Prime Minister Aksel V. JOHANNESEN (since 15 September 2015)
Cabinet: Landsstyri appointed by the prime minister
Electionsappointments: the monarchy is hereditary; high commissioner appointed by the monarch; following legislative elections, the leader of the majority party or majority coalition usually elected prime minister by the Faroese Parliament; election last held on 1 September 2015 (next to be held in 2019)
Election results: Aksel V. JOHANNESEN elected prime minister; Parliament vote - NA
Legislative branchDescription: unicameral Faroese Parliament or Logting (33 seats; members directly elected in a single nationwide constituency by proportional representation vote; members serve 4-year terms)
Elections: last held on 1 September 2015 (next to be held no later than October 2019)
Election results: percent of vote by party - JF 25.1%, Republic 20.7%, Peoples Party, 18.9%, Union Party 18.7%, Progressive Party 7%, Center Party 5.5%, New Self-Government Party 4.1%; seats by party - JF 8, Republic 7, Peoples Party 6, Union Party 6, Center Party 2, Progressive Party 2, New Self-Government Party 2; composition - men 23, women 10, percent of women 30.3%:
note: election for 2 seats in the Danish Parliament was last held on 18 June 2015 (next to be held no later than June 2019); percent of vote by party - NA; seats by party - Social Democratic Party 1, Republican Party 1
Judicial branchHighest courts: Faroese Court or Raett (Rett - Danish) decides both civil and criminal cases; the Court is part of the Danish legal system
Subordinate courts: Court of the First Instance or Tribunal de Premiere Instance; Court of Administrative Law or Tribunal Administratif; Mixed Commercial Court; Land Court
Political parties and leaders: Center Party (Midflokkurin) [Jenis av RANA]New Self-Government Party (Nytt Sjalvstyri) [Jogvan SKORHEIM] (formerly Self-Government Party) (Sjalvstyrisflokkurin)People's Party (Folkaflokkurin) [Jorgen NICLASEN]Progressive Party (Framsokn) [Poul MICHELSEN]Republic (Tjodveldi) [Hogni HOYDAL] (formerly the Republican Party)Social Democratic Party (Javnadarflokkurin) or JF [Aksel V. JOHANNESEN]Union Party (Sambandsflokkurin) [Bardur a STEIG NIELSEN]
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); referred to as Merkid, meaning 'the banner' or 'the mark,' the flag resembles those of neighboring Iceland and Norway, and uses the same three colors - but in a different sequence; white represents the clear Faroese sky, as well as the foam of the waves; red and blue are traditional Faroese colors
note: the blue on the flag is a lighter blue (azure) than that found on the flags of Iceland or Norway
National anthemName: Mitt alfagra land (My Fairest Land)
Lyricsmusic: Simun av SKAROI/Peter ALBERG:
note: adopted 1948; the anthem is also known as 'Tu alfagra land mitt' (Thou Fairest Land of Mine); as a self-governing overseas administrative division of Denmark, the Faroe Islands are permitted their own national anthem
top of pageEconomy overview: The Faroese economy has experienced a period of significant growth since 2011, due to higher fish prices and increased salmon farming and catches in the pelagic fisheries. Fishing has been the main source of income for the Faroe Islands since the late 19th century, but dependence on fishing makes the economy vulnerable to price fluctuations. Nominal GDP, measured in current prices, grew 5.6% in 2015 and 6.8% in 2016. GDP growth was forecast at 6.2% in 2017, slowing to 0.5% in 2018, due to lower fisheries quotas, higher oil prices and fewer farmed salmon combined with lower salmon prices. The fisheries sector accounts for about 97% of exports, and half of GDP. Unemployment is low, estimated at 2.1% in early 2018. Aided by an annual subsidy from Denmark, which amounts to about 11% of Faroese GDP , Faroese have a standard of living equal to that of Denmark. The Faroe Islands have bilateral free trade agreements with the EU, Iceland, Norway, Switzerland, and Turkey.For the first time in 8 years, the Faroe Islands managed to generate a public budget surplus in 2016, a trend which continued in 2017. The local government intends to use this to reduce public debt, which reached 38% of GDP in 2015. A fiscal sustainability analysis of the Faroese economy shows that a long-term tightening of fiscal policy of 5% of GDP is required for fiscal sustainability.Increasing public infrastructure investments are likely to lead to continued growth in the short term, and the Faroese economy is becoming somewhat more diversified. Growing industries include financial services, petroleum-related businesses, shipping, maritime manufacturing services, civil aviation, IT, telecommunications, and tourism.
Industries: fishing, fish processing, tourism, small ship repair and refurbishment, handicrafts
Exports:
$1.184 billion (2016 est.)
$1.019 billion (2015 est.)
Rank: 153
Partners: Russia 26.4%, UK 14.1%, Germany 8.4%, China 7.9%, Spain 6.8%, Denmark 6.2%, US 4.7%, Poland 4.4%, Norway 4.1% (2017)
Commodities: fish and fish products (97%) (2017 est.)
Imports:
$978.4 million (2016 est.)
$906.1 million (2015 est.)
Rank: 185
Commodities: goods for household consumption, machinery and transport equipment, fuels, raw materials and semi-manufactures, cars
Partners: Denmark 33%, China 10.7%, Germany 7.6%, Poland 6.8%, Norway 6.7%, Ireland 5%, Chile 4.3% (2017)
Exchange rates:
6.586 (2017 est.)
6.7269 (2016 est.)
6.7269 (2015 est.)
6.7236 (2014 est.)
5.6125 (2013 est.)
top of pagetop of pageTelephone systemGeneral assessment: good international communications; good domestic facilities (2015)
Domestic: conversion to digital system completed in 1998; both NMT (analog) and GSM (digital) mobile telephone systems are installed (2015)
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 (2015)
Broadcast media: 1 publicly owned TV station; the Faroese telecommunications company distributes local and international channels through its digital terrestrial network; publicly owned radio station supplemented by 3 privately owned stations broadcasting over multiple frequencies (2015)
top of pagetop of pageRoadwaysTotal: 960 km (2017):
note: those islands not commected by roads (bridges or tunnels) are connected by seven different ferry links operated by the nationally owned company SSL
Rank: 187
top of pageDisputes international: because anticipated offshore hydrocarbon resources have not been realized, earlier Faroese proposals for full independence have been deferredIceland, the UK, and Ireland dispute Denmark's claim to UNCLOS that the Faroe Islands' continental shelf extends beyond 200 nm
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