What countries border Faroe Islands?
What is the current weather in Faroe Islands?
What is Faroe Islands famous for?
What is the capital of Faroe Islands?
Capital | Torshavn |
Government Type | parliamentary democracy (Faroese Parliament); part of the Kingdom of Denmark |
Currency | Danish kroner (DKK) |
Total Area |
538 Square Miles 1,393 Square Kilometers |
Location | Northern Europe, island group between the Norwegian Sea and the North Atlantic Ocean, about half way between Iceland and Norway |
Language | Faroese (derived from Old Norse), Danish |
GDP - real growth rate | 5.9% |
GDP - per capita (PPP) | $40,000.00 (USD) |
What is the population of Faroe Islands?
Ethnic Groups | Scandinavian |
Nationality Noun | Faroese (singular and plural) |
Population | 51,628 |
Population Growth Rate | 0.47% |
Population in Major Urban Areas | TORSHAVN (capital) 20,000 |
Urban Population | 41.100000 |
What type of government does Faroe Islands have?
Executive Branch |
chief of state: King FREDERIK X of Denmark (since 14 January 2024), represented by High Commissioner Lene Moyell JOHANSEN, chief administrative officer (since 15 May 2017) (2024) head of government: Prime Minister Aksel V. JOHANNESEN (since 22 December 2022) cabinet: Landsstyri appointed by the prime minister elections/appointments: the monarchy is hereditary; high commissioner appointed by the monarch; following legislative elections, the leader of the majority party or majority coalition usually elected prime minister by the Faroese Parliament; election last held on 8 December 2022 (next to be held in 2026) |
Suffrage | 18 years of age; universal |
Citizenship | see Denmark |
National Holiday | Olaifest (Olavsoka) (commemorates the death in battle of King OLAF II of Norway, later St. OLAF), 29 July (1030) |
Constitution |
history: 5 June 1953 (Danish Constitution), 23 March 1948 (Home Rule Act), and 24 June 2005 (Takeover Act) serve as the Faroe Islands' constitutional position in the Unity of the Realm amendments: see entry for Denmark |
Independence | none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark) |
What environmental issues does Faroe Islands have?
Climate | mild winters, cool summers; usually overcast; foggy, windy |
Environment - Current Issues | NA |
Environment - International Agreements | party to: Marine Dumping - associate member to the London Convention and Ship Pollution |
Terrain | rugged, rocky, some low peaks; cliffs along most of coast |
How big is the Faroe Islands economy?
Economic Overview |
The Faroe Islands are a small, remote archipelago located between Scotland and Iceland in the North Atlantic Ocean. Despite its small size and population, the Faroe Islands have a robust and diversified economy. Here is an economic overview of the Faroe Islands: Fishing Industry: The fishing industry is the backbone of the Faroe Islands' economy, accounting for approximately 90% of the country's exports. The Faroe Islands are home to a thriving fishing industry that exports fish and fish products to countries around the world. This industry has been modernized with advanced technology and techniques. Aquaculture: The Faroe Islands also have a growing aquaculture industry, primarily focused on salmon farming. This industry has expanded in recent years due to an increasing demand for salmon products globally. Tourism: Tourism is a growing industry in the Faroe Islands, with an increasing number of visitors attracted to the archipelago's natural beauty, cultural traditions, and unique way of life. The tourism sector is still relatively small, but it has significant potential for further development. Trade: The Faroe Islands trade with other countries for a variety of goods and services, including machinery, equipment, vehicles, and various consumer goods. The main trading partners of the Faroe Islands are Denmark, Iceland, Norway, and the United Kingdom. Renewable Energy: The Faroe Islands have also made significant strides in developing renewable energy sources, particularly wind, and hydropower. The Faroe Islands have set a target of achieving 100% renewable energy by 2030. Services: Services such as banking, insurance, and shipping also contribute to the Faroe Islands' economy. Overall, the Faroe Islands have a diverse and robust economy, with a strong emphasis on the fishing industry, developing aquaculture, and expanding tourism. The country is also committed to developing sustainable energy sources and investing in technological innovation. |
Industries | fishing, fish processing, tourism, small ship repair and refurbishment, handicrafts |
Currency Name and Code | Danish kroner (DKK) |
Export Partners | Russia 26.4%, UK 14.1%, Germany 8.4%, China 7.9%, Spain 6.8%, Denmark 6.2%, US 4.7%, Poland 4.4%, Norway 4.1% |
Import Partners | Denmark 33%, China 10.7%, Germany 7.6%, Poland 6.8%, Norway 6.7%, Ireland 5%, Chile 4.3% |
What current events are happening in Faroe Islands?
Source: Google News