Faroe Islands
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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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This group of 18 islands, of which 17 are
inhabited, is located in the North Atlantic about 200 mi (322 km)
northwest of the Shetland Islands. They were settled by the Vikings, the
ancestors of the modern-day Faroese, in the 8th century. The Faroese
language is derived from Old Norse. The islands joined Denmark in 1386 and
have been part of the Danish kingdom ever since. The Faroes have had home
rule, under Danish authority, since 1948.
See also Encyclopedia: Faroe Islands.
Statistics Faroe Islands www.hagstova.fo .
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