Faroe Islands Population: 50,456

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 History
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.

 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
Location: Northern Europe, island group between the Norwegian Sea and the North Atlantic Ocean, about halfway between Iceland and Norway
Geographic coordinates: 62 00 N, 7 00 W
Area: total: 1,393 sq km
land: 1,393 sq km
water: 0 sq km (some lakes and streams)

Size comparison: eight times the size of Washington, DC
Land Boundaries: 0 km
Coastline: 1,117 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:
Natural resources: fish, whales, hydropower, possible oil and gas
Land use: agricultural land: 2.1% arable land 2.1%; permanent crops 0%; permanent pasture 0% forest: 0.1%
other: 97.8% (2011 est.)
Natural hazards: NA
Current Environment Issues: NA
International Environment Agreements: party to: Marine Dumping - associate member to the London Convention and Ship Pollution
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 People
Nationality: noun: Faroese (singular and plural)
adjective: Faroese
Ethnic groups: Faroese 89.2% (Scandinavian and Anglo-Saxon descent), Danish 7.1%, other 3.7% (includes Icelander, Norwegian, Greenlander, Filipino, Thai, British) note: data represent respondents by country of birth (2011 est.)
Languages: Faroese 93.8% (derived from Old Norse), Danish 3.2%, other 3% (2011 est.)
Religions: Christian 89.3% (predominantly Evangelical Lutheran), other 0.7%, more than one religion 0.2%, none 3.8%, unspecified 6% (2011 est.)
Population: 50,456 (July 2016 est.)
Age structure: 0-14 years: 19.98% (male 5,212/female 4,870)
15-24 years: 14.62% (male 3,784/female 3,592)
25-54 years: 37.25% (male 10,191/female 8,605)
55-64 years: 11.66% (male 3,032/female 2,851)
65 years and over: 16.49% (male 4,023/female 4,296) (2016 est.)
Median age: total: 37.7 years
male: 37.1 years
female: 38.4 years (2016 est.)
Population growth rate: 0.53% (2016 est.)
Birth rate: 14 births/1,000 population (2016 est.)
Death rate: 8.7 deaths/1,000 population (2016 est.)
Net migration rate: 0 migrant(s)/1,000 population (2016 est.)
Urbanization: urban population: 42% of total population (2015)
rate of urbanization: 0.47% annual rate of change (2010-15 est.)
Major urban areas - population: TORSHAVN (capital) 21,000 (2014)
Sex ratio: at birth: 1.07 male(s)/female
0-14 years: 1.07 male(s)/female
15-24 years: 1.05 male(s)/female
25-54 years: 1.18 male(s)/female
55-64 years: 1.06 male(s)/female
65 years and over: 0.94 male(s)/female
total population: 1.08 male(s)/female (2016 est.)
Infant mortality rate: total: 5.5 deaths/1,000 live births male: 5.8 deaths/1,000 live births
female: 5.2 deaths/1,000 live births (2016 est.)
Life expectancy at birth: total population: 80.4 years male: 77.8 years
female: 83.1 years (2016 est.)
Total fertility rate: 2.36 children born/woman (2016 est.)
Hospital bed density: 4.7 beds/1,000 population (2012)
HIV/AIDS - adult prevalence rate: NA
HIV/AIDS - people living with HIV/AIDS: NA
HIV/AIDS - deaths: NA
Literacy:
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 Government
Country name: conventional long form: none
conventional short form: Faroe Islands
local long form: none
local short form: Foroyar
etymology: the archipelgo's name may derive from the Old Norse word "faer," meaning sheep
Government type: parliamentary democracy (Faroese Parliament); part of the Kingdom of Denmark
Capital: name: Torshavn
geographic coordinates: 62 00 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 30 municipalities
Independence: none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark)
National holiday: Olaifest (Olavsoka), 29 July
Constitution: history: 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 amendments: see entry for Denmark (2016)
Legal system: the laws of Denmark, where applicable, apply
Suffrage: 18 years of age; universal
Executive branch: chief 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 elections/appointments: 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

election results: Aksel V. JOHANNESEN elected prime minister; Parliament vote - NA
Legislative branch: description: unicameral Faroese Parliament or Logting (33 seats; members directly elected in a single nationwide constituency by proportional representation vote; members serve 4-year terms) note: election of 2 seats to 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, Republic 1

elections: last held on 1 September 2015 (next to be held no later than October 2019)

election results: percent of vote by party - Social Democratic Party 25.1%, Republic 20.7%, People's Party, 18.9%, Union Party 18.7%, Progressive Party 7.0%, Center Party 5.5%, Self-Government Party 4.1%; seats by party - Social Democratic Party 8, Republic 7, People's Party 6, Union Party 6, Center Party 2, Progressive Party 2, Self-Government Party 2
Judicial branch: highest court(s): 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 - expected to begin in 2016
Political parties and leaders: Center Party (Midflokkurin) [Jenis av RANA] Independence (or Self-Govenment) Party (Sjalvstyrisflokkurin) [Jogvan SKORHEIM] People's Party (Folkaflokkurin) [Jorgen NICLASEN] Progressive Party (Framsokn) [Poul MICHELSEN] Republic (Tjodveldi) (formerly the Republican Party) [Hogni HOYDAL] Social Democratic Party (Javnadarflokkurin) [Aksel V. JOHANNESEN] Union Party (Sambandsflokkurin) [Bardur a STEIG NIELSEN]
Political pressure groups and leaders: other: conservationists
International organization participation: Arctic Council, IMO (associate), NC, NIB, UNESCO (associate), UPU
National symbol(s): ram; national colors: red, white, blue
National anthem: name: "Mitt alfagra land" (My Fairest Land)
lyrics/music: 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
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)
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 Economy
The Faroese economy has experienced a period of significant growth since 2011, due to increases in fish prices, salmon farming, and catches in the pelagic fisheries. Nominal GDP growth was an estimated 7.5% in 2013 and 5.9% in 2014. The fisheries sector accounts for about 95% of exports and half of GDP. Unemployment is low, estimated at 2.9% in mid-2015. The public budget has exhibited deficits since 2008, which were financed through increased borrowing. Public debt reached 38% of GDP in 2015. Aided by an annual subsidy from Denmark amounting to about 4% of Faroese GDP, the Faroese have a standard of living equal to that of Denmark. Dependence on fishing makes the economy vulnerable to price fluctuations. Projections for fish prices are favorable and increasing public infrastructure investments are likely to lead to continued growth in the short term. The Faroese economy has experienced a period of significant growth since 2011, due to increases in fish prices, salmon farming, and catches in the pelagic fisheries. Nominal GDP growth was an estimated 7.5% in 2013 and 5.9% in 2014. The fisheries sector accounts for about 95% of exports and half of GDP. Unemployment is low, estimated at 2.9% in mid-2015. The public budget has exhibited deficits since 2008, which were financed through increased borrowing. Public debt reached 38% of GDP in 2015. Aided by an annual subsidy from Denmark amounting to about 4% of Faroese GDP, the Faroese have a standard of living equal to that of Denmark. Dependence on fishing makes the economy vulnerable to price fluctuations. Projections for fish prices are favorable and increasing public infrastructure investments are likely to lead to continued growth in the short term.
GDP (purchasing power parity): GDP (purchasing power parity): $1.831 billion (2014 est.) $1.729 billion (2013 est.) $1.471 billion (2013 est.) GDP (purchasing power parity): $1.831 billion (2014 est.) $1.729 billion (2013 est.) $1.471 billion (2013 est.)
GDP (official exchange rate): GDP (official exchange rate): $2.32 billion (2010 est.) GDP (official exchange rate): $2.32 billion (2010 est.)
GDP - real growth rate: 5.9% (2014 est.) 7.5% (2013 est.) 2.9% (2013 est.) 5.9% (2014 est.) 7.5% (2013 est.) 2.9% (2013 est.)
GDP - per capita (PPP): GDP - per capita (PPP): $36,600 (2014 est.) GDP - per capita (PPP): $36,600 (2014 est.)
Agriculture - products: milk, potatoes, vegetables; sheep; salmon, herring, mackerel and other fish milk, potatoes, vegetables; sheep; salmon, herring, mackerel and other fish
Industries: fishing, fish processing, tourism, small ship repair and refurbishment, handicrafts fishing, fish processing, tourism, small ship repair and refurbishment, handicrafts
Industrial production growth rate: 3.4% (2009 est.) 3.4% (2009 est.)
Labor force: 25,000 (2015 est.) 25,000 (2015 est.)
Labor force - by occupation: agriculture: 10.7%
industry: 18.9%
services: 70.3% (November 2010) agriculture: 10.7% industry: 18.9% services: 70.3% (November 2010)
Unemployment rate: 2.9% (2015 est.) 3.1% (2014) 2.9% (2015 est.) 3.1% (2014)
Population below poverty line: NA% NA%
Household income or consumption by percentage share: lowest 10%: NA%
highest 10%: NA% lowest 10%: NA% highest 10%: NA%
Budget: revenues: $1.025 billion
expenditures: $1.301 billion note: Denmark supplies the Faroe Islands with almost one-third of their public funds (2010 est.) revenues: $1.025 billion expenditures: $1.301 billion note: Denmark supplies the Faroe Islands with almost one-third of their public funds (2010 est.)
Taxes and other revenues: 44.2% of GDP (2010 est.) 44.2% of GDP (2010 est.)
Fiscal year: calendar year calendar year
Inflation rate (consumer prices): Inflation rate (consumer prices): 2.3% (2011) 0.4% (2010) Inflation rate (consumer prices): 2.3% (2011) 0.4% (2010)
Exports: $824 million (2010) $767 million (2009) $824 million (2010) $767 million (2009)
Exports - commodities: fish and fish products 95%, ships (2009 est.) fish and fish products 95%, ships (2009 est.)
Exports - partners: Russia 20.2%, UK 16.6%, Denmark 16.3%, Nigeria 11.6%, China 9.3%, US 7.2%, Netherlands 5.6%, Norway 4% (2015) Russia 20.2%, UK 16.6%, Denmark 16.3%, Nigeria 11.6%, China 9.3%, US 7.2%, Netherlands 5.6%, Norway 4% (2015)
Imports: $776 million (2010) $786 million (2009) $776 million (2010) $786 million (2009)
Imports - commodities: goods for household consumption, machinery and transport equipment, fuels, raw materials and semi-manufactures, cars goods for household consumption, machinery and transport equipment, fuels, raw materials and semi-manufactures, cars
Imports - partners: Denmark 43.9%, Turkey 12.3%, Norway 10%, China 6.2%, Netherlands 4.9%, Germany 4.4% (2015) Denmark 43.9%, Turkey 12.3%, Norway 10%, China 6.2%, Netherlands 4.9%, Germany 4.4% (2015)
Debt - external: $888.8 million (2010) $68.1 million (2006) $888.8 million (2010) $68.1 million (2006)
Exchange rates: Danish kroner (DKK) per US dollar - 6.865 (2016 est.) 6.7236 (2015 est.) 5.6183 (2014 est.) 5.6125 (2013 est.) 5.79 (2012 est.) Danish kroner (DKK) per US dollar - 6.865 (2016 est.) 6.7236 (2015 est.) 5.6183 (2014 est.) 5.6125 (2013 est.) 5.79 (2012 est.)
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 Energy
Electricity - production: 300 million kWh (2014 est.)
Electricity - consumption: 300 million kWh (2014 est.)
Electricity - exports: 0 kWh (2013 est.)
Electricity - imports: 0 kWh (2013 est.)
Electricity - installed generating capacity: 100,000 kW (2014 est.)
Electricity - from fossil fuels: 60.1% of total installed capacity (2012 est.)
Electricity - from nuclear fuels: 0% of total installed capacity (2012 est.)
Electricity - from hydroelectric plants: 36.1% of total installed capacity (2012 est.)
Electricity - from other renewable sources: 3.8% of total installed capacity (2012 est.)
Crude oil - production: 0 bbl/day (2015 est.)
Crude oil - exports: 0 bbl/day (2013 est.)
Crude oil - imports: 0 bbl/day (2013 est.)
Crude oil - proved reserves: 0 bbl (1 January 2016 es)
Refined petroleum products - production: 0 bbl/day (2013 est.)
Refined petroleum products - consumption: 4,400 bbl/day (2014 est.)
Refined petroleum products - exports: 0 bbl/day (2013 est.)
Refined petroleum products - imports: 4,295 bbl/day (2013 est.)
Natural gas - production: 0 cu m (2013 est.)
Natural gas - consumption: 0 cu m (2013 est.)
Natural gas - exports: 0 cu m (2013 est.)
Natural gas - imports: 0 cu m (2013 est.)
Natural gas - proved reserves: 0 cu m (1 January 2014 es)
Carbon dioxide emissions from consumption of energy: 800,000 Mt (2013 est.)
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 Communications
Cellular Phones in use: total: 63,000 subscriptions per 100 inhabitants: 126 (July 2015 est.)
Telephone system: general assessment: good international communications; good domestic facilities

domestic: conversion to digital system 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 (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 fr (2015)
Internet country code: .fo
Internet users: total: 47,000 percent of population: 94.2% (July 2015 est.)
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 Transportation
Airports: 1 (2013)
Airports (paved runways): total 1

1,524 to 2,437 m: 1 (2013)
Roadways: total 960 km
(2015)
Merchant marine: total 37

by type: cargo 20, chemical tanker 7, container 2, passenger/cargo 3, refrigerated cargo 3, roll on/roll off 2

foreign-owned: 28 (Iceland 4, Norway 13, Sweden 11) (2010)
Ports and terminals: major seaport(s): Fuglafjordur, Torshavn, Vagur
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 Military
Defense is the responsibility of Denmark
Military branches: no regular military forces; the Government of Denmark has responsibility for defense; as such, the Danish military’s Joint Arctic Command is responsible for territorial defense of the Faroe Islands (2016)
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 Transnational Issues
Disputes - 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
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