Faroe Islands [+]Compare [E]dit [H]istory

Aliases: Foroyar

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Object «Faroe Islands» has attributes

Attribute Value
Geography
Area 1,393 km²
Continent Europe
Land area 1,393 km²
Water area 0 km²
Land boundaries 0 km
Border countries Add
Coastline 1,117 km
Mean elevation Add
Lowest point 0 m
Highest point 882 m
People
Population 51,628
Official languages
  • Faroese
Religion Christian
Government
Long country name Add
Short country name Faroe Islands
Long local name Add
Short local name Foroyar
Former name Add
Government type Parliamentary democracy
Capital Torshavn
Economy
GDP (PPP) 2,001,000,000 USD
GDP (OER) 2,765,000,000 USD
GDP (real growth rate) 5.9 %
GDP - per capita (PPP) 40,000 USD
Gross national saving 25.7 % of GDP
Labor force 27,540
Unemployment rate 2.2 %
Population below poverty line 10 %
Budget revenues 835,600,000 USD
Budget expenditures 883,800,000 USD
Military expenditures Add
Taxes and other revenues 30.2 % of GDP
Budget surplus or deficit -1.7 % of GDP
Public debt 35 % of GDP
Inflation rate -0.3 %
Central bank discount rate Add
Commercial bank prime lending rate Add
Stock of narrow money Add
Stock of broad money Add
Stock of domestic credit Add
Market value of publicly traded shares Add
Current account balance Add
Exports 1,184,000,000 USD
Imports 978,400,000 USD
Reserves of foreign exchange and gold Add
External debt 387,600,000 USD
National currency Danish kroner
National currency (code) DKK
National currency (symbol) kr
National currency rate to USD 6.586

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.

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There was one edit, no edits waiting approval. Last edited by jmcdermott(9391), Sep 16, 2019 (48 fields were changed)
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