Industries:
fishing, fish processing, small ship repair and refurbishment, handicrafts
Industrial production growth rate:
8% (2007 est.) country comparison to the world: 27
Electricity - production:
275.8 million kWh (2008 est.) country comparison to the world: 171
Electricity - consumption:
264.4 million kWh (2008 est.) country comparison to the world: 169
Electricity - exports:
0 kWh (2008)
Electricity - imports:
0 kWh (2008)
Oil - production:
0 bbl/day (2009 est.) country comparison to the world: 175
Oil - consumption:
5,000 bbl/day (2009 est.) country comparison to the world: 169
Oil - exports:
0 bbl/day (2008) country comparison to the world: 195
Oil - imports:
4,922 bbl/day (2008) country comparison to the world: 157
Oil - proved reserves:
0 bbl (1 January 2010 est.) country comparison to the world: 180
Natural gas - production:
0 cu m (2008) country comparison to the world: 196
Natural gas - consumption:
0 cu m (2008) country comparison to the world: 185
Natural gas - exports:
0 cu m (2008) country comparison to the world: 180
Natural gas - imports:
0 cu m (2008) country comparison to the world: 180
Natural gas - proved reserves:
0 cu m (1 January 2010 est.) country comparison to the world: 180
Exports:
$848 million (2008) country comparison to the world: 157 $634 million (2006)
Exports - commodities:
fish and fish products 94%, stamps, ships
Exports - partners:
Hungary 36.26%, Denmark 21.36%, UK 12.21%, Nigeria 7.72%, US 6.49%,
Norway 5.46% (2009)
Imports:
$983 million (2008) country comparison to the world: 171 $751 million (2006)
Imports - commodities:
consumer goods 36%, raw materials and semi-manufactures 32%, machinery and transport equipment 29%, fuels, fish, salt
Imports - partners:
Denmark 54.42%, Norway 20.76%, Sweden 4.79% (2009)
Debt - external:
$68.1 million (2006) country comparison to the world: 185
Exchange rates:
Danish kroner (DKK) per US dollar - 5.774 (2009), 5.0236 (2008), 5.4797 (2007), 5.9468 (2006)
Communications ::Faroe Islands
Telephones - main lines in use:
20,900 (2009) country comparison to the world: 192
Telephones - mobile cellular:
57,000 (2009) country comparison to the world: 194
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
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 2 privately-owned stations broadcasting over multiple frequencies (2008)
Internet country code:
.fo
Internet hosts:
8,936 (2010) country comparison to the world: 128
Internet users:
37,500 (2009) country comparison to the world: 175
Transportation ::Faroe Islands
Airports:
1 (2010) country comparison to the world: 230
Airports - with paved runways:
total: 1
914 to 1,523 m: 1 (2010)
Roadways:
total: 463 km (2006) country comparison to the world: 194
Merchant marine:
total: 26 country comparison to the world: 91 by type: cargo 11, chemical tanker 6, container 2, passenger 1, passenger/cargo 3, refrigerated cargo 2, roll on/roll off 1
foreign-owned: 11 (Norway 6, Sweden 5) (2010)
Ports and terminals:
Fuglafjordur, Torshavn, Vagur
Military ::Faroe Islands
Military branches:
no regular military forces
Manpower available for military service:
males age 16–49: 11,788 (2010 est.)
Manpower fit for military service:
males age 16–49: 9,792
females age 16–49: 8,354 (2010 est.)
Manpower reaching militarily significant age annually:
male: 379
female: 368 (2010 est.)
Military expenditures:
NA
Military - note:
defense is the responsibility of Denmark
Transnational Issues ::Faroe Islands
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
page last updated on January 19, 2011
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@Fiji (Australia-Oceania)
Introduction ::Fiji
Background:
Fiji became independent in 1970 after nearly a century as a British colony. Democratic rule was interrupted by two military coups in 1987 caused by concern over a government perceived as dominated by the Indian community (descendants of contract laborers brought to the islands by the British in the 19th century). The coups and