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CIA World Factbook 2024 (factbook.json @ b8538d78e87c)

Faroe Islands

2024 Edition · 249 data fields

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Introduction

Background

The Faroe Islands were already populated by about A.D. 500, but whether the original settlers were Celtic or early Norse (or someone else) has yet to be determined. Viking settlers arrived on the islands in the 9th century, and the islands served as an important stepping stone for medieval Viking exploration of the North Atlantic. The islands have been connected politically to Denmark since the 14th century, and today the Faroe Islands are a self-governing dependency of Denmark. The Home Rule Act of 1948 granted a high degree of self-government to the Faroese, who have autonomy over most internal affairs and external trade, while Denmark is responsible for justice, defense, and some foreign affairs. The Faroe Islands are not part of the European Union.

Geography

Area

land
1,393 sq km
total
1,393 sq km
water
0 sq km (some lakes and streams)

Area - comparative

eight times the size of Washington, DC

Climate

mild winters, cool summers; usually overcast; foggy, windy

Coastline

1,117 km

Elevation

highest point
Slaettaratindur 882 m
lowest point
Atlantic Ocean 0 m

Geographic coordinates

62 00 N, 7 00 W

Geography - note

archipelago of 17 inhabited islands and one uninhabited island, and a few uninhabited islets; strategically located along important sea lanes in northeastern Atlantic; precipitous terrain limits habitation to small coastal lowlands

Land boundaries

total
0 km

Land use

agricultural land
2.1% (2018 est.)
agricultural land: arable land
arable land: 2.1% (2018 est.)
agricultural land: permanent crops
permanent crops: 0% (2018 est.)
agricultural land: permanent pasture
permanent pasture: 0% (2018 est.)
forest
0.1% (2018 est.)
other
97.8% (2018 est.)

Location

Northern Europe, island group between the Norwegian Sea and the North Atlantic Ocean, about halfway between Iceland and Norway

Map references

Europe

Maritime claims

continental shelf
200 nm or agreed boundaries or median line
exclusive fishing zone
200 nm or agreed boundaries or median line
territorial sea
12 nm

Natural hazards

strong winds and heavy rains can occur throughout the year

Natural resources

fish, whales, hydropower, possible oil and gas

Population distribution

the island of Streymoy is by far the most populous with over 40% of the population; it has approximately twice as many inhabitants as Eysturoy, the second most populous island; seven of the inhabited islands have fewer than 100 people

Terrain

rugged, rocky, some low peaks; cliffs along most of coast

People and Society

Age structure

0-14 years
20% (male 5,489/female 5,122)
15-64 years
61.5% (male 17,188/female 15,346)
65 years and over
18.5% (2024 est.) (male 4,723/female 5,065)

Birth rate

14.9 births/1,000 population (2024 est.)

Children under the age of 5 years underweight

NA

Contraceptive prevalence rate

NA

Current health expenditure

NA

Currently married women (ages 15-49)

34.8% (2023 est.)

Death rate

8.6 deaths/1,000 population (2024 est.)

Dependency ratios

elderly dependency ratio
29.1
potential support ratio
3.4 (2021)
total dependency ratio
62.8
youth dependency ratio
33.6

Drinking water source

improved: rural
rural: NA
improved: total
total: 100% of population
improved: urban
urban: NA
unimproved: rural
rural: NA
unimproved: total
total: 0% of population (2020)
unimproved: urban
urban: NA

Education expenditures

7.6% of GDP (2019 est.)

Ethnic groups

Faroese 83.8% (Scandinavian and Anglo-Saxon descent), Danish 8.3%, Filipino 1.2%, other Nordic 0.9%, other 4.5% (includes Polish and Romanian) (2024 est.)
note
note: data represent respondents by country of birth

Gross reproduction rate

1.09 (2024 est.)

Hospital bed density

4.2 beds/1,000 population (2016)

Infant mortality rate

female
5.1 deaths/1,000 live births
male
6.3 deaths/1,000 live births
total
5.7 deaths/1,000 live births (2024 est.)

Languages

Faroese 93.8% (derived from Old Norse), Danish 3.2%, other 3% (2011 est.)
note
note:  data represent population by primary language

Life expectancy at birth

female
84.4 years
male
79.2 years
total population
81.7 years (2024 est.)

Literacy

female
NA
male
NA
total population
NA

Major urban areas - population

21,000 TORSHAVN (capital) (2018)

Median age

female
36.8 years
male
36.9 years
total
36.8 years (2024 est.)

Nationality

adjective
Faroese
noun
Faroese (singular and plural)

Net migration rate

0 migrant(s)/1,000 population (2024 est.)

Physician density

2.62 physicians/1,000 population (2016)

Population

female
25,533 (2024 est.)
male
27,400
total
52,933

Population distribution

the island of Streymoy is by far the most populous with over 40% of the population; it has approximately twice as many inhabitants as Eysturoy, the second most populous island; seven of the inhabited islands have fewer than 100 people

Population growth rate

0.63% (2024 est.)

Religions

Christian 87% (predominantly Evangelical Lutheran), other 0.9%, none 3.7%, unspecified 8.9% (2011 est.)

Sanitation facility access

improved: rural
rural: NA
improved: total
total: NA
improved: urban
urban: NA
unimproved: rural
rural: NA
unimproved: total
total: NA
unimproved: urban
urban: NA

Sex ratio

0-14 years
1.07 male(s)/female
15-64 years
1.12 male(s)/female
65 years and over
0.93 male(s)/female
at birth
1.07 male(s)/female
total population
1.07 male(s)/female (2024 est.)

Total fertility rate

2.27 children born/woman (2024 est.)

Urbanization

rate of urbanization
0.89% annual rate of change (2020-25 est.)
urban population
43% of total population (2023)

Government

Administrative divisions

part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark; there are 29 first-order municipalities (kommunur, singular - kommuna) Eidhi, Eystur, Famjin, Fuglafjordhur, Fugloy, Hov, Husavik, Hvalba, Hvannasund, Klaksvik, Kunoy, Kvivik, Nes, Porkeri, Runavik, Sandur, Sjovar, Skalavik, Skopun, Skuvoy, Sorvagur, Sumba, Sunda, Torshavn, Tvoroyri, Vagar, Vagur, Vestmanna, Vidhareidhi

Capital

daylight saving time
+1hr, begins last Sunday in March; ends last Sunday in October
etymology
the meaning in Danish is "Thor's harbor"
geographic coordinates
62 00 N, 6 46 W
name
Torshavn
time difference
UTC 0 (5 hours ahead of Washington, DC, during Standard Time)

Citizenship

see Denmark

Constitution

amendments
see entry for Denmark
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

Country name

conventional long form
none
conventional short form
Faroe Islands
etymology
the archipelago's name may derive from the Old Norse word "faer," meaning sheep
local long form
none
local short form
Foroyar

Dependency status

part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark since 1948

Diplomatic representation from the US

embassy
none (self-governing overseas administrative division of Denmark)

Diplomatic representation in the US

none (self-governing overseas administrative division of Denmark)

Executive branch

cabinet
Landsstyri appointed by the prime minister
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)
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)
head of government
Prime Minister Aksel V. JOHANNESEN (since 22 December 2022)

Flag description

white with a red cross outlined in blue extending to the edges of the flag; the vertical part of the cross is shifted toward the hoist side in the style of the Dannebrog (Danish flag); referred to as Merkid, meaning "the banner" or "the mark," the flag resembles those of neighboring Iceland and Norway, and uses the same three colors - but in a different sequence; white represents the clear Faroese sky, as well as the foam of the waves; red and blue are traditional Faroese colors
note
note: the blue on the flag is a lighter blue (azure) than that found on the flags of Iceland or Norway

Government type

parliamentary democracy (Faroese Parliament); part of the Kingdom of Denmark

Independence

none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark)

International organization participation

Arctic Council, IMO (associate), NC, NIB, UNESCO (associate), UPU

Judicial branch

highest court(s)
Faroese Court or Raett (Rett - Danish) decides both civil and criminal cases; the Court is part of the Danish legal system
subordinate courts
Court of the First Instance or Tribunal de Premiere Instance; Court of Administrative Law or Tribunal Administratif; Mixed Commercial Court; Land Court

Legal system

the laws of Denmark apply where applicable

Legislative branch

description
unicameral Faroese Parliament or Logting (33 seats; members directly elected in a single nationwide constituency by proportional representation vote; members serve 4-year terms)
election results
Faroese Parliament percent of vote by party - JF 26.6%, B 20%, A 18.9%, E 17.7%, F 7.5%, H 6.6%, seats by party - JF 9, B 7, A 6, E 6, F 3, H 2; composition - men 24, women 9; percentage women 27.3%Faroese seats in Danish Parliament - percent of vote by party - NA; seats by party - JF 1, B 1; composition - men 2, women 0; percentage women 0%
elections
Faroese Parliament - last held on 8 December 2022 (next to be held in 2026)Faroese seats in the Danish Parliament last held on 31 October 2022 (next to be held no later than 31 October 2026)
note
note: the Faroe Islands elect 2 members to the Danish Parliament to serve 4-year terms

National anthem

lyrics/music
Simun av SKAROI/Peter ALBERG
name
"Mitt alfagra land" (My Fairest Land)
note
note: adopted 1948; the anthem is also known as "Tu alfagra land mitt" (Thou Fairest Land of Mine); as a self-governing overseas administrative division of Denmark, the Faroe Islands are permitted their own national anthem

National holiday

Olaifest (Olavsoka) (commemorates the death in battle of King OLAF II of Norway, later St. OLAF), 29 July (1030)

National symbol(s)

ram; national colors: red, white, blue

Political parties

Center Party or H (Midflokkurin) People's Party or A (Folkaflokkurin) Progress Party or F (Framsokn) Republic or E (Tjodveldi)  (formerly the Republican Party)Self-Government Party or D (Sjalvstyri or Sjalvstyrisflokkurin) Social Democratic Party or JF (Javnadarflokkurin) or JF Union Party or B (Sambandsflokkurin) 

Suffrage

18 years of age; universal

Economy

Agricultural products

milk, potatoes, lamb/mutton, sheepskins, sheep offal, beef, sheep fat, beef offal, cattle hides, beef suet (2022)
note
note: top ten agricultural products based on tonnage

Economic overview

high-income Danish territorial economy; party neither to the EU nor the Schengen Area; associate Nordic Council member; very low unemployment; unique foreign ownership allowance in fishing industry; known salmon exporter; growing IT industries

Exchange rates

Currency
Danish kroner (DKK) per US dollar -
Exchange rates 2019
6.669 (2019 est.)
Exchange rates 2020
6.542 (2020 est.)
Exchange rates 2021
6.287 (2021 est.)
Exchange rates 2022
7.076 (2022 est.)
Exchange rates 2023
6.89 (2023 est.)

Exports

Exports 2020
$1.552 billion (2020 est.)
Exports 2021
$1.923 billion (2021 est.)
Exports 2022
$2.219 billion (2022 est.)
note
note: GDP expenditure basis - exports of goods and services in current dollars

Exports - commodities

fish and fish products (2021)

Exports - 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% (2017)

GDP - composition, by end use

exports of goods and services
62.4% (2022 est.)
government consumption
27.4% (2022 est.)
household consumption
41.4% (2022 est.)
imports of goods and services
-62.5% (2022 est.)
investment in fixed capital
31.4% (2022 est.)
note
note: figures may not total 100% due to rounding or gaps in data collection

GDP - composition, by sector of origin

agriculture
18.7% (2022 est.)
industry
18.1% (2022 est.)
note
note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data
services
52.3% (2022 est.)

GDP (official exchange rate)

$3.556 billion (2022 est.)
note
note: data in current dollars at official exchange rate

Imports

Imports 2020
$1.597 billion (2020 est.)
Imports 2021
$1.906 billion (2021 est.)
Imports 2022
$2.223 billion (2022 est.)
note
note: GDP expenditure basis - imports of goods and services in current dollars

Imports - commodities

goods for household consumption, machinery and transport equipment, fuels, raw materials and semi-manufactures, cars

Imports - partners

Denmark 33%, China 10.7%, Germany 7.6%, Poland 6.8%, Norway 6.7%, Ireland 5%, Chile 4.3% (2017)

Industrial production growth rate

4.3% (2014 est.)
note
note: annual % change in industrial value added based on constant local currency

Industries

fishing, fish processing, tourism, small ship repair and refurbishment, handicrafts

Inflation rate (consumer prices)

Inflation rate (consumer prices) 2015
-1.7% (2015)
Inflation rate (consumer prices) 2016
-0.3% (2016)

Labor force

27,540 (2017 est.)

Population below poverty line

10% (2015 est.)

Public debt

Public debt 2014
35% of GDP (2014 est.)

Real GDP (purchasing power parity)

note
note: data in 2021 dollars
Real GDP (purchasing power parity) 2020
$3.407 billion (2020 est.)
Real GDP (purchasing power parity) 2021
$3.603 billion (2021 est.)
Real GDP (purchasing power parity) 2022
$3.798 billion (2022 est.)

Real GDP growth rate

note
note: annual GDP % growth based on constant local currency
Real GDP growth rate 2020
-1.93% (2020 est.)
Real GDP growth rate 2021
5.76% (2021 est.)
Real GDP growth rate 2022
5.4% (2022 est.)

Real GDP per capita

note
note: data in 2021 dollars
Real GDP per capita 2020
$65,000 (2020 est.)
Real GDP per capita 2021
$68,100 (2021 est.)
Real GDP per capita 2022
$71,500 (2022 est.)

Remittances

note
note: personal transfers and compensation between resident and non-resident individuals/households/entities
Remittances 2020
4.86% of GDP (2020 est.)
Remittances 2021
4.33% of GDP (2021 est.)
Remittances 2022
4.45% of GDP (2022 est.)

Taxes and other revenues

30.2% (of GDP) (2014 est.)

Unemployment rate

Unemployment rate 2016
3.4% (2016 est.)
Unemployment rate 2017
2.2% (2017 est.)

Energy

Carbon dioxide emissions

from petroleum and other liquids
825,000 metric tonnes of CO2 (2022 est.)
total emissions
825,000 metric tonnes of CO2 (2022 est.)

Coal

imports
(2022 est.) less than 1 metric ton

Electricity

consumption
394.337 million kWh (2022 est.)
installed generating capacity
178,000 kW (2022 est.)
transmission/distribution losses
25.063 million kWh (2022 est.)

Electricity access

electrification - rural areas
100%
electrification - total population
100% (2022 est.)
electrification - urban areas
99.9%

Electricity generation sources

fossil fuels
62.6% of total installed capacity (2022 est.)
hydroelectricity
26.2% of total installed capacity (2022 est.)
wind
11.2% of total installed capacity (2022 est.)

Petroleum

refined petroleum consumption
5,000 bbl/day (2022 est.)

Communications

Broadband - fixed subscriptions

subscriptions per 100 inhabitants
38 (2020 est.)
total
18,443 (2020 est.)

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 3 privately owned stations broadcasting over multiple frequencies

Internet country code

.fo

Internet users

percent of population
97.6% (2021 est.)
total
51,728 (2021 est.)

Telecommunication systems

domestic
29 per 100 teledensity for fixed-line and nearly 110 per 100 for mobile-cellular (2021)
general assessment
the Faroe Islands have a highly developed communication network, which covers the whole country; from telecommunication and mobile phones to the internet and media, the Faroe Islands are at the forefront of modern communications technology; working within the special geographic circumstances of the Faroe Islands; companies have become world experts in providing digital communication solutions to remote and sparsely populated areas (2022)
international
country code - 298; landing points for the SHEFA-2, FARICE-1, and CANTAT-3 fiber-optic submarine cables from the Faroe Islands, to Denmark, Germany, UK and Iceland; satellite earth stations - 1 Orion; (2019)

Telephones - fixed lines

subscriptions per 100 inhabitants
29 (2021 est.)
total subscriptions
15,000 (2021 est.)

Telephones - mobile cellular

subscriptions per 100 inhabitants
112 (2021 est.)
total subscriptions
59,000 (2021 est.)

Transportation

Airports

1 (2024)

Civil aircraft registration country code prefix

OY-H

Heliports

12 (2024)

Merchant marine

by type
container ships 6, general cargo 45, other 40
total
91 (2023)

National air transport system

inventory of registered aircraft operated by air carriers
3 (registered in Denmark)
number of registered air carriers
1 (2020) (registered in Denmark)

Ports

key ports
Fuglafjordur, Klaksvik, Kongshavn, Runavik, Sorvagur, Torshavn, Tvoroyri, Vagur, Vestmanna
ports with oil terminals
5
total ports
9 (2024)
very small
9

Roadways

note
note: those islands not connected by roads (bridges or tunnels) are connected by seven different ferry links operated by the nationally owned company SSL; 28 km of tunnels
paved
500 km
total
960 km
unpaved
460 km (2017)

Military and Security

Military - note

the Government of Denmark has responsibility for defense; as such, the Danish military’s Joint Arctic Command in Nuuk, Greenland is responsible for coordinating the defense of the Faroe Islands; the Joint Arctic Command has a contact element in the capital of Torshavn

Military and security forces

no regular military forces or conscription

Environment

Air pollutants

carbon dioxide emissions
0.63 megatons (2016 est.)

Climate

mild winters, cool summers; usually overcast; foggy, windy

Environment - current issues

coastal erosion, landslides and rockfalls, flash flooding, wind storms; oil spills

Land use

agricultural land
2.1% (2018 est.)
agricultural land: arable land
arable land: 2.1% (2018 est.)
agricultural land: permanent crops
permanent crops: 0% (2018 est.)
agricultural land: permanent pasture
permanent pasture: 0% (2018 est.)
forest
0.1% (2018 est.)
other
97.8% (2018 est.)

Revenue from forest resources

0% of GDP (2017 est.)

Total renewable water resources

0 cubic meters (2017 est.)

Urbanization

rate of urbanization
0.89% annual rate of change (2020-25 est.)
urban population
43% of total population (2023)

Waste and recycling

municipal solid waste generated annually
61,000 tons (2014 est.)
municipal solid waste recycled annually
40,870 tons (2012 est.)
percent of municipal solid waste recycled
67% (2012 est.)

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