English  Your Native Language is set as English Select your native speaking language 

Faroe Islands Facts

Faroe Islands Facts | Faroe Islands Information | Faroe Islands Statistics | Faroe Islands

Faroe Islands Facts |  Faroe Islands Information | Faroe Islands Statistics Faroe Islands Facts |  Faroe Islands Information | Faroe Islands Statistics
Europe Continent
 
Scandanavian Map
 
Faroe Islands Facts |  Faroe Islands Information | Faroe Islands Statistics Faroe Islands Facts |  Faroe Islands Information | Faroe Islands Statistics
Faroe Islands Map
 
FAROESE Flag
 
 FAROESE POLITICAL
  Faroe Islands Facts |  Faroe Islands Information | Faroe Islands Statistics  
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.
 
 
Common Name: Faroe Islands Local Official Name: Foroyar
Abbreviated Name: Faroe Islands Official Name: Faroe Islands
Official Script Name: Faroe Islands Local Common Name: Faroe Islands
Former Name: Faroe Islands Territory of: NA
 
Head of State: Queen MARGRETHE II of Denmark
 
Government Type: NA
 
Independence: none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark)
 
Constitution: 1953 June 5 (Danish constitution)
 
National Holiday: Olaifest, 29 July
 
International Organization Participation: Arctic Council, IMO (associate), NC, NIB, UPU
 
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 49 municipalities
 
Dependent Areas: part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark since 1948
 
Legal System: Danish
 
Suffrage: 18 years of age years
 
Executive, Legislative and Judicial Branches: 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 note: coalition of Social Democrats, Union Party, and People's Party 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 20 January 2004 (next to be held no later than January 2008) election results: percent of vote by party - Union Party 23.7%, Social Democratic Party 21.8%, Republican Party 21.7%, People's Party 20.6%, Center Party 5.2%, Independence Party 4.6%; seats by party - Union Party 7, Social Democratic Party 7, Republican Party 8, People's Party 7, Center Party 2, Independence Party 1 note: election of two seats to the Danish Parliament was last held on 8 February 2005 (next to be held February 2009); results - percent of vote by party - NA; seats by party - Republican Party 1, People's Party 1 Judicial Branch: NA
 
Party Leaders: Center Party [Jenis A. RANA]; Independence Party [Kari P. HOJGAARD]; People's Party [Anfinn KALLSBERG]; Republican Party [Hogni HOYDAL]; Social Democratic Party [Joannes EIDESGAARD]; Union Party [Kaj Leo JOHANNESEN]
 
International Disputes: because anticipated offshore hydrocarbon resources have not been realized, earlier Faroese proposals for full independence have been deferred; Iceland disputes the Faroe Islands' fisheries median line boundary; Iceland, the UK, and Ireland dispute Denmark's claim that the Faroe Islands' continental shelf extends beyond 200 nm
 
Illicit Drugs: NA 
 
 
 FAROESE GEOGRAPHY
  Faroe Islands Facts |  Faroe Islands Information | Faroe Islands Statistics  
 
Location of Faroe Islands: Northern Europe, island group between the Norwegian Sea and the North Atlantic Ocean, about one-half of the way from Iceland to Norway
 
Continent: Europe Land Area Total: 1,399 sq km 
Region: Scandanavian Land Area Land: 1,399 sq km
Capitol City: Torshavn Land Area Water: 0 sq km
      
Latitude: 062 00 N Border Boundary Land: 0 km
Longitude: 007 00 W Border Boundary Coastline: 1,117 km 
  
Arable Land: 2.14 % Pastures: 0.00 %
Crops: 0.00 % Woodlands and Forests: 0.00
  
Highest Elevation: 882 m Location: rugged, rocky, some low peaks; cliffs along most of coast
Lowest Elevation: 0 m Location: Atlantic Ocean
  
Largest City in Faroe Islands: Largest City Population: 0
  
Threatened Species: 0
 
Environmental Issues: NA
 
Environmental Agreements: NA
 
Irrigated Land: 0
 
Bordering Countries: NA
 
Natural Resources: fish, whales, hydropower
 
Geographical Terrain: rugged, rocky, some low peaks; cliffs along most of coast
 
Comparative Area of Faroe Islands: eight times the size of Washington, DC
 
Faroe Islands's Geography: 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
 

 FAROESE CLIMATE
  Faroe Islands Facts |  Faroe Islands Information | Faroe Islands Statistics  
 
General Climate: mild winters, cool summers; usually overcast; foggy, windy
 
Natural Hazards: NA
 
 
 FAROESE ECONOMY
  Faroe Islands Facts |  Faroe Islands Information | Faroe Islands Statistics  
 
Economic Overview: The Faroese economy has had a strong performance since 1994, mostly as a result of increasing fish landings and high and stable export prices. Unemployment is minimal and there are signs of labor shortages in several sectors. The positive economic development has helped the Faroese Home Rule Government produce increasing budget surpluses, which in turn have helped reduce the large public debt, most of it owed to Denmark. However, the total dependence on fishing makes the Faroese economy extremely vulnerable, and the present fishing efforts appear in excess of what is a sustainable level of fishing in the long term. Oil finds close to the Faroese area give hope for deposits in the immediate Faroese area, which may eventually lay the basis for a more diversified economy and thus 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.
 
 
GDP: $1,000,000,000 USD Currency: Danish krone
GDP per Capita: $22,000 USD Currency Code: DKK
GDP Growth Rate: 10.00 %
  
Currency Exchange Rate History: Danish kroner per US dollar - 5.9969 (2005), 5.9911 (2004), 6.5877 (2003), 7.8947 (2002), 8.3228 (2001)
  
  
GDP of Agriculture: 27.00 % GDP of Industry: 11.00 %
GDP of Services: 62.00 %  
   
Inflation Rate: 5.10 % Population in Poverty: 0.00 %
Unemployment Rate: 1.00 % Tourism: 0.00 visitors each year
   
Consumption by lowest 10%: 0.00 % Budget Revenue in USD: $488,000,000 USD
Consumption by upper 10%: 0.00 % Budget Expenditures in USD: $484,000,000 USD
   
Electricity Production: 260,200,000 kWh Electricity Exports: 0 kWh
Electricity Consumption: 242,000,000 kWh Electricity Imports: 0 kWh

Electricity Production by Source:
 
Fossil Fuel Electricity Production: 60.61% Nuclear Electricity Production: 0.00%
Hydro Electricity Production: 39.39% Other Electricity Production: 0.00%
   
Oil Production: 0 barrels per day Natural Gas Production: 0 cu m
Oil Consumption: 4,500 barrels per day Natural Gas Consumption: 0 cu m
Oil Exports: 0 barrels per day Natural Gas Exports: 0 cu m
Oil Imports: 0 barrels per day Natural Gas Imports: 0 cu m
Proven Oil Reserves: 0 barrels Proven Natural Gas Reserves: 0 cu m
   
External Debt: $64,000,000 USD Received in economic aid: $135,000,000 USD
  Donated in economic aid: $0 USD
   
Agricultural Products: milk, potatoes, vegetables; sheep; salmon, other fish
 
Primary Industries: fishing, fish processing, small ship repair and refurbishment, handicrafts
 
Industrial Growth Rate: 8.00 %
  
  
Import Amount in USD: $639,000,000 USD - consumer goods 36%, raw materials and semi-manufactures 32%, machinery and transport equipment 29%, fuels, fish, salt
 
Import Partners: Denmark 46.2%, Norway 18.2%, Germany 8.2%, Spain 7.5%, Iceland 4.8%
 
Export Amount in USD: $533,000,000 USD - fish and fish products 94%, stamps, ships
 
Export Partners: Denmark 38.2%, UK 29.6%, Nigeria 8.9%, Norway 6.1%, Netherlands 4.3%
 
    
GINI Index: 0.00%
 
Labor Force Number of People: 24,250
 
Labor Force by Occupations: agriculture: 33%, industry: 33%, services: 34%
 
  
 FAROESE COMMUNICATIONS
  Faroe Islands Facts |  Faroe Islands Information | Faroe Islands Statistics  
 
Radio Broadcast Stations: 14 Number of People with Radios: 26,000
Television Broadcast Stations: 3 Number of People with Televisions: 15,000
Number of People with Mainline Telephones: 23,800 Number of People with Mobile Phones: 42,500
 
Internet Service Providers: 3,146 Internet Users: 33,000
 
Internet Country Code: .fo Newspapers: 0
Two Letter Country Code: FO Weights and Measures:
Phone Country Code: 298 Electricity Voltage: 230 Volts
  
Telephone Systems: 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
 
  
 FAROESE TRANSPORTATION
  Faroe Islands Facts |  Faroe Islands Information | Faroe Islands Statistics  

   

Highways: 458 km Railways: 0 km
Gas And Oil Pipelines: 0 km Waterways: 0 km
Airports: 1 Heliports: 0
 
Motor Vehicles: 0 per 1,000 people CO2 Emissions: 0 Metric Tons of CO2 per year
  Per capita CO2 emissions: 0.00 Metric Tons of CO2 per year
  
Merchant Marines: total: 18 ships (1000 GRT or over) 19,265 GRT/9,171 DWT by type: cargo 10, container 2, passenger/cargo 4, petroleum tanker 2 foreign-owned: 8 (Iceland 4, Norway 4)
 
Ports and Harbors: Torshavn
 
  
 FAROESE PEOPLE
  Faroe Islands Facts |  Faroe Islands Information | Faroe Islands Statistics  
 
Population: 47,246 people type - nationality Birth Rate: 14.05 births per 1,000 people
Population Density: 0.00 people per sq km Death Rate: 8.70 deaths per 1,000 people
Population Growth: 0.58% per year Fertility Rate per Women: 2.17 babies born per woman
 
Population Male 0-14: 4,940 Population Female 0-14: 4,952
Population Male 15-64: 16,247 Population Female 15-64: 14,522
Population Male 65+: 2,976 Population Female 65+: 3,609
 
Population 0-14: 20.90% Literacy Rate: 0.00%
Population 15-64: 65.10% Literacy rate of Males: 0.00%
Population 65+: 13.90% Literacy rate of Females: 0.00%
 
Population that is Male: 52.50 % Population that is Female: 47.50%
Life expectancy at birth in years: 79.35 years Infant mortality rate - baby deaths per 1000 births: 6.12 Babies die per 1,000 births
Life expectancy at birth for Males: 75.91 years Life expectancy at birth for Females: 82.80 years
 
Rate of AIDS/HIV infection: 0.00% Number of people living with AIDS or HIV: 0
Number of people who died of AIDS: 0
   
Disease Risk:
 
Diseases:
 
Net Migration Rate per 1,000 people: 0.47
 
Nationality: FAROESE
 
Ethnic Groups: Scandinavian 
 
  
Primary Language: Faroese (derived from Old Nors
 
Other Languages: Faroese (derived from Old Norse), Danish
 
 
Primary Religion: Evangelical Lutheran
 
Other Religions: Evangelical Lutheran
 
  
 FAROESE MILITARY
  Faroe Islands Facts |  Faroe Islands Information | Faroe Islands Statistics  
  
Branches: no regular military forces
 
Manpower Fit to Serve: NA years
 
Manpower Available: 10,695 People
 
Manpower Fit to Serve: 8,852 People
 
Amount of Manpower Available each Year: 366 People per year
 
Expenditures: $0 USD per year
 
Expenditures as a Percentage of GDP: 0.00
 
 
Note: Phrasebase uses a variety of sources when compiling the facts and information presented above. This information is continually updated throughout the year.
 FAROESE RESOURCES
  Faroe Islands Facts |  Faroe Islands Information | Faroe Islands Statistics  
  
Faroe Islands Spa and Resort Directory
 
Faroe Islands Home Exchanges and Home Swaps
 
Faroe Islands Vacation Rentals And Holiday Villas
 

Faroe Islands Facts |  Faroe Islands Information | Faroe Islands Statistics  
Faroe Islands Travel Books
 
Faroe Islands Facts |  Faroe Islands Information | Faroe Islands Statistics  
Faroese (derived from Old Nors Phrasebooks 
 
Faroe Islands Facts |  Faroe Islands Information | Faroe Islands Statistics  
Faroe Islands Travel DVD's
Faroe Islands Facts |  Faroe Islands Information | Faroe Islands Statistics  
Faroe Islands Videos
 

Faroe Islands Facts |  Faroe Islands Information | Faroe Islands StatisticsFaroe Islands Facts |  Faroe Islands Information | Faroe Islands StatisticsSearch Phrasebase