Faroe Islands
NAIndependence none (part of the Kingdom of Denmark
Faroe Islands as the 2000 edition of the CIA World Factbook published it: 102 fields, one of 36 editions from 1990 to 2025.
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Introduction
1 fieldBackground
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.
Geography
Northern Europe, island group between the Norwegian Sea and the north Atlantic Ocean, about one-half of the way from Iceland to Norway
17 fieldsLand useshare of 1,399 sq km
Location
Northern Europe, island group between the Norwegian Sea and the north Atlantic Ocean, about one-half of the way from Iceland to Norway
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
People
15 fieldsPer 1,000 population(2000 est.)
Age structure
- 0-14 years:
- 23% (male 5,233; female 5,163)
- 15-64 years:
- 63% (male 15,270; female 13,382)
- 65 years and over:
- 14% (male 2,788; female 3,460) (2000 est.)
Sex ratio
- at birth:
- 1.05 male(s)/female
- under 15 years:
- 1.01 male(s)/female
- 15-64 years:
- 1.14 male(s)/female
- 65 years and over:
- 0.81 male(s)/female
- total population:
- 1.06 male(s)/female (2000 est.)
Government
NA; Queen MARGRETHE II of Denmark (since 14 January 1972), represented by High Commissioner Bente KLINTE, chief administrative officer (since NA); Prime Minister Anfinn KALLSBERG (since 9 May 1998)
19 fieldsPresidential electionpercent of vote
Faroese Parliament or Logting, 32 seats, elected 30 April 1998one dot, one seat
Percent of vote
Country name
- conventional long form:
- none
- conventional short form:
- Faroe Islands
- local long form:
- none
- local short form:
- Foroyar
Dependency status
part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark since 1948
Administrative divisions
none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark)
Independence
none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark)
Executive branch
- chief of state:
- Queen MARGRETHE II of Denmark (since 14 January 1972), represented by High Commissioner Bente KLINTE, chief administrative officer (since NA)
- head of government:
- Prime Minister Anfinn KALLSBERG (since 9 May 1998)
- cabinet:
- Landsstyri elected by the Faroese Parliament
- elections:
- the monarch is hereditary;
- high commissioner appointed by the monarch;
- following legislative elections, the leader of the party that wins the most seats is usually elected prime minister by the Faroese Parliament;
- election last held 30 April 1998 (next to be held NA 2002)
- election results:
- Anfinn KALLSBERG elected prime minister; percent of parliamentary vote - NA
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 30 April 1998 (next to be held by NA July 2002)
- election results:
- percent of vote by party - Republican Party 23.8%, People's Party 21.3%, Social Democratic Party 21.9%, Coalition Party (Union Party, Labor Front, Home Rule Party) 18%;
- seats by party - Republican Party 8, People's Party 8, Social Democratic Party 7, Coalition Party 6, other parties 3
note: election of 2 seats to the Danish Parliament was last held on 11 March 1998 (next to be held by NA 2002); results - percent of vote by party - NA; seats by party - Social Democratic Party 1,
People's Party 1
Political parties and leaders
- Center Party [Tordur NICLASEN];
- Christian People's Party [Niels Pauli DANIELSEN];
- Home Rule Party [Helena Dam A. NEYSTABO];
- Labor Front [leader NA];
- People's Party [Oli BRECKMANN];
- Republican Party [Finnbogi ISAKSON];
- Social Democratic Party [Joannes EIDESGAARD];
- The Faroese Party [Olavur CHRISTIANSEN];
- Union Party [Edmund JOENSEN]
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)
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)
Economy
After the severe economic troubles of the early 1990s, brought on by a drop in the vital fish catch, the Faroe Islands have come back in the last few years, with unemployment down to 5% in mid-1998.
31 fieldsGDP - composition by sector(1996 est.)
Trading partnersexports left, imports right
Electricity
Economy - overview
After the severe economic troubles of the early 1990s, brought on by a drop in the vital fish catch, the Faroe Islands have come back in the last few years, with unemployment down to 5% in mid-1998. Nevertheless, the almost total dependence on fishing means the economy remains extremely vulnerable.
The Faroese hope to broaden their economic base by building new fish-processing plants. Oil finds close to the Faroese area give hope for deposits in the immediate area, which may lay the basis to sustained economic prosperity. The Faroese are supported by a substantial annual subsidy from Denmark.
Imports - commodities
machinery and transport equipment 17.0%, consumer goods 33%, raw materials and semi-manufactures 26.9%, fuels 11.4%, fish and salt 6.7%
Exchange rates
Danish kroner (DKr) per US$1 - 7.336 (January 2000), 6.976 (1999), 6.701 (1998), 6.604 (1997), 5.799 (1966), 5.602 (1995)
Communications
8 fieldsTelephone system
good international communications; good domestic facilities
- domestic:
- digitalization was to have been completed in 1998
- international:
- satellite earth stations - 1 Orion; 1 fiber-optic submarine cable linking the Faroe Islands with Denmark and Iceland
Transportation
6 fieldsMerchant marine, 6 ships by typeone square, one ship · (1999 est.)
Airports by runway lengthpaved only
Networkskm
Military
No organized native military forces; only a small Police Force and Coast Guard are maintained
4 fieldsMilitary branches
no organized native military forces; only a small Police Force and Coast Guard are maintained
Transnational Issues
1 fieldCite this entry
Central Intelligence Agency. “Faroe Islands.” The World Factbook 2000. Archived by The Factbook, thefactbook.org/faroe-islands/2000.