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Status: Autonomous part of Denmark
Chief of State: Queen Margrethe II
(1972)
High Commissioner: Birgit Kleis
(2001)
Prime Minister: Jóannes
Eidesgaard (2004)
Total area: 541 sq mi (1,401 sq km)
Population (2008 est.): 47,770 (growth
rate: 0.5%); birth rate: 14.1/1000; infant mortality rate: 5.8/1000;
life expectancy: 79.6; density per sq mi: 34
Capital and largest city (2003 est.):
Tórshavn, 17,300
Monetary unit: Faroese krone
Languages: Faroese, Danish (both
official)
Ethnicity/race: Scandinavian
Religion: Evangelical Lutheran
Literacy rate: n.a.
Economic summary: GDP/PPP (2001
est.): $1 billion; $22,000 per capita. Real growth rate: 10%
(2001 est.). Inflation: 5.1% (1999). Unemployment: 1%
(Oct. 2000) . Arable land: 2%. Agriculture: milk,
potatoes, vegetables; sheep; salmon, other fish. Labor force:
24,250 (Oct. 2000): fishing, fish processing, and manufacturing 33%,
construction and private services 33%, public services 34%.
Industries: fishing, fish processing, small ship repair and
refurbishment, handicrafts. Exports: $533 million f.o.b.
(2004 est.): fish and fish products 94%, stamps, ships (1999).
Imports: $639 million c.i.f. (2004): machinery and transport
equipment 29%, consumer goods 36%, raw materials and
semi-manufactures 32%, fuels, fish and salt (1999). Major trading
partners: Denmark, UK, Norway, Iceland, Sweden (2004).
Major sources and definitions
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