Faroe Islands

parliamentary democracy (Faroese Parliament)Independence none (part of the Kingdom of Denmark

Faroe Islands as the 2018 edition of the CIA World Factbook published it: 136 fields, one of 36 editions from 1990 to 2025.

field in that editiontext changed from the edition beforenot in that editionthe open editionEach field below ends in its editions, 1990 to 2025. Point at a year above to follow it down.

CapitalTorshavn, UTC
Position62 00 N, 7 00 W
Area1,393 sq km
LocationNorthern Europe, island group between the Norwegian Sea and the North Atlantic Ocean, about halfway between Iceland and Norway
Populationas each edition published it
51,018 people July 2018 est. · 47,715 in 1990
Population growth% a year
0.58% 2018 est. · 0.67% in 1993
Median ageyears
37.6 years 2018 est. · 35.1 yrs in 2003
Life expectancyyears at birth
80.6 years 2018 est. · 77.92 yrs in 1993
Fertility ratechildren per woman
2.34 children per woman 2018 est. · 2.2 in 1990
Infant mortalitydeaths per 1,000 live births
5.3 deaths per 1,000 live births 2018 est. · 9 in 1990
GDP per capitaeach edition's own dollars
$40,000 2014 est. · $14,000 in 1993
GDP real growth% a year
5.9% 2017 est. · 3% in 1993

Introduction

1 field

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 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 fields

Land useshare of 1,393 sq km

arable land 2.1% (2011 est.)forest 0.1% (2011 est.)other 97.8% (2011 est.)agricultural land 2.1% (2011 est.) in all · permanent crops 0% (2011 est.) in all · permanent pasture 0% (2011 est.) in all
Area
1,393sq km
land: 1,393 sq kmwater: 0 sq km (some lakes and streams)eight times the size of Washington, DC
Coastline
1,117km
land boundaries: 0 kmterritorial sea: 12 nmcontinental shelf: 200 nm or agreed boundaries or median lineexclusive fishing zone: 200 nm or agreed boundaries or median line

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

Climate

  • mild winters, cool summers;
  • usually overcast;
  • foggy, windy

Terrain

rugged, rocky, some low peaks; cliffs along most of coast

Elevation

0 m lowest point: Atlantic Ocean; 882 highest point: Slaettaratindur

Natural resources

fish, whales, hydropower, possible oil and gas

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

Natural hazards

strong winds and heavy rains can occur throughout the year

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 fields
Population
51,018
(July 2018 est.)growth rate: 0.58% (2018 est.)

Per 1,000 population

Birth
14.5 (2018 est.)Death
8.8 (2018 est.)Net migration
0 (2017 est.)

Male · female(2018 est.)

TotalMale · femaleLife expectancy years80.6
78.1 · 83.3Infant mortality deaths/1,000 live births5.3
5.6 · 5
TotalMale · femaleMedian age years37.6
37.1 · 38.2
MaleFemale

Ethnic groups(2018 est.)

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

Religions(2011 est.)

Christian 89.3% (predominantly Evangelical Lutheran)other 0.7%more than one religion 0.2%none 3.8%unspecified 6% (2011 est.)
Urban population
42.1%of total population
(2018)rate of urbanization: 0.74% annual rate of change (2015-20 est.)Major urban areas - population: 21,000 TORSHAVN (capital) (2018)
Physicians density
2.63physicians/1,000 population
(2014)

Nationality

noun:
Faroese (singular and plural)
adjective:
Faroese

Languages

Faroese 93.8% (derived from Old Norse), Danish 3.2%, other 3% (2011 est.) note: data represent population by primary language

Age structure

0-14 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

Sex ratio

at birth:
1.07 male(s)/female (2017 est.)
0-14 years:
1.07 male(s)/female (2017 est.)
15-24 years:
1.05 male(s)/female (2017 est.)
25-54 years:
1.18 male(s)/female (2017 est.)
55-64 years:
1.06 male(s)/female (2017 est.)
65 years and over:
0.94 male(s)/female (2017 est.)
total population:
1.08 male(s)/female (2017 est.)

Total fertility rate

2.34 children born/woman (2018 est.)

Hospital bed density

4.1 beds/1,000 population (2015)

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)

21 fields

Faroese Parliament or Logting, 33 seats, elected 1 September 2015one dot, one seat

JF 8Republic 7People's Party 6Union Party 6Center Party 2Progressive Party 2New Self-Government Party 2

Composition: men 23, women 10, percent of women 30.3%

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

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

  • 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)

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 (2016)
amendments:
see entry for Denmark (2016)

Citizenship

see Denmark

Suffrage

18 years of age; universal

Judicial branch

highest 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

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%, New 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, 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

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]

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 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

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.

32 fields
GDP, purchasing power parity
$2.001billion
(2014 est.) · $1.89 billion (2013 est.) · $1.608 billion (2012 est.)official exchange rate: $2.765 billion (2014 est.) (2014 est.)
GDP per capita, PPP
$40,000
(2014 est.)
Real growth rate
5.9%
(2017 est.) · 7.5% (2016 est.) · 2.4% (2015 est.)industrial production growth: 3.4% (2009 est.)
Inflation, consumer prices
-0.3%
(2016) · -1.7% (2015)

GDP - composition, by sector of origin(2013 est.)

agriculture 18% (2013 est.)industry 39% (2013 est.)services 43% (2013 est.)

Trading partnersexports left, imports right

6.2%
Denmark
33%
26.4%
Russia
14.1%
UK
7.9%
China
10.7%
8.4%
Germany
7.6%
6.8%
Spain
4.4%
Poland
6.8%
4.1%
Norway
6.7%
Ireland
5%
4.7%
US
Chile
4.3%
Exports $1.184 billion (2016 est.)Imports $978.4 million (2016 est.)(2017)

By end use% of GDP · (2013)

Household consumption
52%Government consumption
29.6%Fixed capital
18.4%

Budget

Revenues
835.6 million (2014 est.)Expenditures
883.8 million (2014)
note: Denmark supplies the Faroe Islands with almost one-third of its public funds

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. 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.

Gross national saving

25.7% of GDP (2012 est.) · 25.2% of GDP (2011 est.) · 25.9% of GDP (2010 est.)

Agriculture - products

milk, potatoes, vegetables, sheep, salmon, herring, mackerel and other fish

Industries

fishing, fish processing, tourism, small ship repair and refurbishment, handicrafts

Labor force

27,540 (2017 est.)

Labor force - by occupation

agriculture:
15%
industry:
15%
services:
70% (December 2016 est.)

Unemployment rate

2.2% (2017 est.) · 3.4% (2016 est.)

Distribution of family income - Gini index

22.7 (2013 est.) · 21.6 (2011 est.)

Taxes and other revenues

30.2% (of GDP) (2014 est.)

Budget surplus (+) or deficit (-)

-1.7% (of GDP) (2014 est.)

Public debt

35% of GDP (2014 est.)

Fiscal year

calendar year

Exports

$1.184 billion (2016 est.) · $1.019 billion (2015 est.)

Exports - commodities

fish and fish products (97%) (2017 est.)

Imports

$978.4 million (2016 est.) · $906.1 million (2015 est.)

Imports - commodities

goods for household consumption, machinery and transport equipment, fuels, raw materials and semi-manufactures, cars

Debt - external

$387.6 million (2012) · $274.5 million (2010)

Exchange rates

Danish kroner (DKK) per US dollar - 6.586 (2017 est.) · 6.7269 (2016 est.) · 6.7269 (2015 est.) · 6.7236 (2014 est.) · 5.6125 (2013 est.)

Energy

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Electrification% of population · (2016)

100%Total

Installed generating capacity, 128,300 kW(2016 est.)

Fossil fuels 54% of total installed capacity (2016 est.)Hydroelectric plants 31% of total installed capacity (2017 est.)Other renewable sources 16% of total installed capacity (2017 est.)Nuclear fuels 0%
Electricity production
307 million (2016 est.)Electricity consumption
285.5 million (2016 est.)Refined petroleum imports
4,555 (2015 est.)Refined petroleum consumption
4,600 (2016 est.)

Crude oil - production

0 bbl/day (2017 est.)

Crude oil - exports

0 bbl/day (2015 est.)

Crude oil - imports

0 bbl/day (2015 est.)

Crude oil - proved reserves

0 bbl (1 January 2018 est.)

Natural gas - production

0 cu m (2017 est.)

Natural gas - consumption

0 cu m (2017 est.)

Natural gas - exports

0 cu m (2017 est.)

Natural gas - imports

0 cu m (2017 est.)

Natural gas - proved reserves

0 cu m (1 January 2014 est.)

Communications

7 fields

Per 100 inhabitants(2016–17 est.)

107Mobile cellular
95.1%Internet users, % of population
46Fixed lines
35Fixed broadband
Mobile cellular
54,487
(July 2016 est.)
Internet users
47,988
(July 2016 est.)
Fixed lines
20,193
(July 2016 est.)
Fixed broadband
17,973
(2017 est.) · country code .fo

Telephone system

general 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)

Transportation

7 fields

Merchant marine, 96 ships by typeone square, one ship · (2017)

container ship 2general cargo 41oil tanker 1other 52

Airports by runway lengthpaved only

1,524 to 2,437 m
1

National air transport system

number of registered air carriers: 1 (registered in Denmark) (2015); inventory of registered aircraft operated by air carriers: 3 (registered in Denmark) (2015)

Airports

1 (2013)

Roadways

total: 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

Ports and terminals

major seaport(s): Fuglafjordur, Torshavn, Vagur

Military and Security

2 fields

Military 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)

Military - note

defense is the responsibility of Denmark

Transnational Issues

1 field

Disputes - 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

Cite this entry

Central Intelligence Agency. “Faroe Islands.” The World Factbook 2018. Archived by The Factbook, thefactbook.org/faroe-islands/2018.