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Flights to Faroe Islands

Faroe Islands (FO)

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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.

more...Source: The World Factbook
Low Cost Airlines flying to/from Faroe Islands
AirIceland (NY)
Map
LocationNorthern Europe, island group between the Norwegian Sea and the North Atlantic Ocean, about one-half of the way from Iceland to Norway
Geographic coordinates62 00 N, 7 00 W
Map referencesEurope
Areatotal: 1,399 sq km land: 1,399 sq km water: 0 sq km (some lakes and streams)
Area - comparativeeight times the size of Washington, DC
Land boundaries0 km
Coastline1,117 km
Maritime claimsterritorial sea: 3 nm continental shelf: 200 nm or agreed boundaries or median line exclusive fishing zone: 200 nm or agreed boundaries or median line
Climatemild winters, cool summers; usually overcast; foggy, windy
Terrainrugged, rocky, some low peaks; cliffs along most of coast
Elevation extremeslowest point: Atlantic Ocean 0 m highest point: Slaettaratindur 882 m
Natural resourcesfish, whales, hydropower, possible oil and gas
Land usearable land: 2.14% permanent crops: 0% other: 97.86% (2005)
Irrigated land0 sq km
Natural hazardsNA
Environment - current issuesNA
Geography - notearchipelago 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
Population47,246 (July 2006 est.)
Age structure0-14 years: 20.9% (male 4,940/female 4,952) 15-64 years: 65.1% (male 16,247/female 14,522) 65 years and over: 13.9% (male 2,976/female 3,609) (2006 est.)
Median agetotal: 35 years male: 34.7 years female: 35.5 years (2006 est.)
Population growth rate0.58% (2006 est.)
Birth rate14.05 births/1,000 population (2006 est.)
Death rate8.7 deaths/1,000 population (2006 est.)
Net migration rate0.47 migrant(s)/1,000 population (2006 est.)
Sex ratioat birth: 1 male(s)/female under 15 years: 1 male(s)/female 15-64 years: 1.12 male(s)/female 65 years and over: 0.83 male(s)/female total population: 1.05 male(s)/female (2006 est.)
Infant mortality ratetotal: 6.12 deaths/1,000 live births male: 7.4 deaths/1,000 live births female: 4.85 deaths/1,000 live births (2006 est.)
Life expectancy at birthtotal population: 79.35 years male: 75.91 years female: 82.8 years (2006 est.)
Total fertility rate2.17 children born/woman (2006 est.)
HIV/AIDS - adult prevalence rateNA
HIV/AIDS - people living with HIV/AIDSNA
HIV/AIDS - deathsNA
Nationalitynoun: Faroese (singular and plural) adjective: Faroese
Ethnic groupsScandinavian
ReligionsEvangelical Lutheran
LanguagesFaroese (derived from Old Norse), Danish
Literacydefinition: NA total population: NA% male: NA% female: NA% note: probably 100%, the same as Denmark proper
Country nameconventional long form: none conventional short form: Faroe Islands local long form: none local short form: Foroyar
Dependency statuspart of the Kingdom of Denmark; self-governing overseas administrative division of Denmark since 1948
Government typeNA
Capitalname: Torshavn geographic coordinates: 62 01 N, 6 46 W time difference: UTC (5 hours ahead of Washington, DC during Standard Time) daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October
Administrative divisionsnone (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
Independencenone (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark)
National holidayOlaifest (Olavasoka), 29 July
Constitution5 June 1953 (Danish constitution)
Legal systemDanish
Suffrage18 years of age; universal
Executive branchchief 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 branchunicameral 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 branchnone
Political parties and leadersCenter 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]
Political pressure groups and leadersNA
International organization participationArctic Council, IMO (associate), NC, NIB, UPU
Diplomatic representation in the USnone (self-governing overseas administrative division of Denmark)
Diplomatic representation from the USnone (self-governing overseas administrative division of Denmark)
Flag descriptionwhite 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)
Economy - overviewThe 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 (purchasing power parity)$1 billion (2001 est.)
GDP (official exchange rate)NA
GDP - real growth rate10% (2001 est.)
GDP - per capita (PPP)$22,000 (2001 est.)
GDP - composition by sectoragriculture: 27% industry: 11% services: 62% (1999)
Labor force24,250 (October 2000)
Labor force - by occupationagriculture: 33% industry: 33% services: 34%
Unemployment rate1% (October 2000)
Population below poverty lineNA%
Household income or consumption by percentage sharelowest 10%: NA% highest 10%: NA%
Inflation rate (consumer prices)5.1% (1999)
Budgetrevenues: $488 million expenditures: $484 million; including capital expenditures of $21 million (1999)
Agriculture - productsmilk, potatoes, vegetables; sheep; salmon, other fish
Industriesfishing, fish processing, small ship repair and refurbishment, handicrafts
Industrial production growth rate8% (1999 est.)
Electricity - production260.2 million kWh (2003)
Electricity - consumption242 million kWh (2003)
Electricity - exports0 kWh (2003)
Electricity - imports0 kWh (2003)
Oil - production0 bbl/day (2003 est.)
Oil - consumption4,500 bbl/day (2003 est.)
Oil - exportsNA bbl/day
Oil - importsNA bbl/day
Natural gas - production0 cu m (2003 est.)
Natural gas - consumption0 cu m (2003 est.)
Exports$533 million f.o.b. (2004 est.)
Exports - commoditiesfish and fish products 94%, stamps, ships (1999)
Exports - partnersDenmark 38%, UK 29.4%, Nigeria 8.9%, Norway 6.6%, Netherlands 4.3% (2005)
Imports$639 million c.i.f. (2004 est.)
Imports - commoditiesconsumer goods 36%, raw materials and semi-manufactures 32%, machinery and transport equipment 29%, fuels, fish, salt (1999)
Imports - partnersDenmark 46.2%, Norway 18.1%, Germany 8.2%, Spain 7.6%, Iceland 4.8% (2005)
Debt - external$64 million (1999)
Economic aid - recipient$135 million (annual subsidy from Denmark) (1998)
Currency (code)Danish krone (DKK)
Exchange ratesDanish kroner per US dollar - 5.9969 (2005), 5.9911 (2004), 6.5877 (2003), 7.8947 (2002), 8.3228 (2001)
Fiscal yearcalendar year
Telephones - main lines in use24,000 (2004)
Telephones - mobile cellular41,300 (2004)
Telephone systemgeneral 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
Radio broadcast stationsAM 1, FM 13, shortwave 0 (1998)
Television broadcast stations3 (plus 43 low-power repeaters) (September 1995)
Internet country code.fo
Internet hosts3,146 (2005)
Internet users31,000 (2005)
Airports1 (2006)
Airports - with paved runwaystotal: 1 914 to 1,523 m: 1 (2006)
Roadwaystotal: 458 km note: no roads between towns (2003)
Merchant marinetotal: 19 ships (1000 GRT or over) 93,905 GRT/58,764 DWT by type: cargo 9, container 2, passenger/cargo 6, petroleum tanker 2 foreign-owned: 9 (Germany 1, Iceland 3, Norway 4, UK 1) (2005)
Ports and terminalsTorshavn
Military branchesno regular military forces
Manpower available for military servicemales age 18-49: 10,695 (2005 est.)
Manpower fit for military servicemales age 18-49: 8,852 (2005 est.)
Manpower reaching military service age annuallymales age 18-49: 366 (2005 est.)
Military expenditures - dollar figureNA
Military expenditures - percent of GDPNA
Military - notedefense is the responsibility of Denmark
Disputes - internationalbecause 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