Faroe Islands
parliamentary democracy (Faroese Parliament)Independence none (part of the Kingdom of Denmark
Faroe Islands as the 2017 edition of the CIA World Factbook published it: 134 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 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
Northern Europe, island group between the Norwegian Sea and the North Atlantic Ocean, about halfway between Iceland and Norway
18 fieldsLand useshare of 1,393 sq km
Location
Northern Europe, island group between the Norwegian Sea and the North Atlantic Ocean, about halfway between Iceland and Norway
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
Environment - current issues
coastal erosion, landslides and rockfalls, flash flooding, wind storms; oil spills
Environment - international agreements
party to: Marine Dumping - associate member to the London Convention and Ship Pollution
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 and Society
23 fieldsAge structuremale left, female right · (2017 est.)
Per 1,000 population(2017 est.)
Male · female(2017 est.)
Ethnic groups(2011 est.)
Religions(2011 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
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.)
Government
Parliamentary democracy (Faroese Parliament); Queen MARGRETHE II of Denmark (since 14 January 1972), represented by High Commissioner Dan Michael KNUDSEN, chief administrative officer (since 1 January 2008); Prime Minister Aksel V. JOHANNESEN (since 15 September 2015)
22 fieldsFaroese Parliament or Logting, 33 seats, elected 1 September 2015one dot, one seat
Country name
- conventional long form:
- none
- conventional short form:
- Faroe Islands
- local long form:
- none
- local short form:
- Foroyar
- etymology:
- the archipelago's name may derive from the Old Norse word "faer," meaning sheep
Dependency status
part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark since 1948
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) (commemorates the death in battle of King Olaf II of Norway, later St. Olaf), 29 July (1030)
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)
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 (next to be held in 2019)
- 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)
- 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%, People's Party, 18.9%, Union Party 18.7%, Progressive Party 7%, Center Party 5.5%, Self-Government Party 4.1%;
- seats by party - JF 8, Republic 7, People's Party 6, Union Party 6, Center Party 2, Progressive Party 2, Self-Government Party 2
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 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
Political parties and leaders
- Center Party (Midflokkurin) [Jenis av RANA]
- New Self-Government Party (Nytt Sjalvstyri) [Jogvan SKORHEIM] (formerly Self-Govenment 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]
International organization participation
Arctic Council, IMO (associate), NC, NIB, UNESCO (associate), UPU
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 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 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
Economy
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.
30 fieldsGDP - composition, by sector of origin(2013 est.)
Trading partnersexports left, imports right
Economy - 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. Nominal GDP, measured in current prices, grew 8.0% in 2015 and 7.8% in 2016. The fisheries sector accounts for about 97% of exports and half of GDP. Dependence on fishing makes the economy vulnerable to price fluctuations.
Unemployment is low, estimated at 2.5% in early 2017. Aided by an annual subsidy from Denmark, which amounts to about 4% of Faroese GDP, Faroese have a standard of living equal to that of Denmark.
For the first time in 8 years, the Faroe Islands managed to generate a public budget surplus in 2016, a trend which is continuing in 2017. The local government intends to use this to reduce public debt, which reached 38% of GDP in 2015. Increasing public infrastructure investments are likely to lead to continued growth in the short term, but could contribute to overheating the economy.
Signs of overheating led the Danish Central Bank in fall of 2016 to advise the Faroese local government to initiate measures to cool the economy, including postponing spending on infrastructure spending. The local government is planning to allocate part of the expected public surplus to a business-cycle-equalization fund.
Gross national saving
25.7% of GDP (2012 est.) · 25.2% of GDP (2011 est.) · 25.9% of GDP (2010 est.) country comparison to the world: 48
Distribution of family income - Gini index
22.7 (2013 est.) · 21.6 (2011 est.) country comparison to the world: 149
Imports - commodities
goods for household consumption, machinery and transport equipment, fuels, raw materials and semi-manufactures, cars
Exchange rates
Danish kroner (DKK) per US dollar - 6.7309 (2016) · 6.7269 (2015) · 6.7236 (2014 est.) · 5.6125 (2013 est.) · 5.79 (2012 est.)
Energy
24 fieldsElectrification% of population · (2016)
Installed generating capacity, 128,000 kW(2015 est.)
Carbon dioxide emissions from consumption of energy
800,000 Mt (2013 est.) country comparison to the world: 170
Communications
6 fieldsPer 100 inhabitants(July 2016 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 frequencies (2015)
Transportation
7 fieldsMerchant marine, 37 ships by typeone square, one ship
Airports by runway lengthpaved only
National air transport system
number of registered air carriers: 1 (registered in Denmark); inventory of registered aircraft operated by air carriers: 3 (registered in Denmark) (2015)
Roadways
total: 960 km note: those islands not commected by roads (bridges or tunnels) are connected by seven different ferry links operated by the nationally owned company SSL (2017) country comparison to the world: 187
Military and Security
2 fieldsMilitary branches
- no regular military forces or conscription;
- the Government of Denmark has responsibility for defense;
- as such, the Danish military’s Joint Arctic Command in Nuuk, Greenland is responsible for territorial defense of the Faroe Islands;
- the Joint Arctic Command has a contact element in the capital of Torshavn (2017)
Transnational Issues
1 fieldDisputes - 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 to UNCLOS that the Faroe Islands' continental shelf extends beyond 200 nm
Cite this entry
Central Intelligence Agency. “Faroe Islands.” The World Factbook 2017. Archived by The Factbook, thefactbook.org/faroe-islands/2017.