National Flag Faroe Islands

Official name: Faroe Islands
Capital City: Torshavn
Current Local Time:
International Dialing Code: 298
Population: 43,857 (July 1996 es
Currency: 1 Danish krone (DKr) = 100 oere
Spoken Languages: Faroese (derived from Old Norse), Danish
Holidays: Jan 1, Apr 21, 22, 25, May 20, Jun 5, 12, 13, Jul 28, 29, Dec 24, 25, 26, 31
Major Exports: Commodities: fish and fish products 88%, animal feedstuffs, transport equipment (ships) (1989)
Partners: Denmark 20%, Germany 18.3%, UK 14.2%, France 11.2%, Spain 7.9%, US 4.5%
Major Imports: Commodities: machinery and transport equipment 24.4%, manufactures 24%, food and livestock 19%, fuels 12%, chemicals 6.5%
Partners: Denmark 43.8%, Norway 19.8%, Sweden 4.9%, Germany 4.2%, US 1.3%
Total Export: $345.3 million (f.o.b., 1993 est.)
Total Import: $234.4 million (c.i.f., 1993 est.)
Gross Domestic Product: $733 million (1995 est.)
Per Capita Income: $15,000 (1995 est.)
Literacy Rate: NA
Population Growth Rate: -1.8% (1996 est.)