29:
584:
922:
863:
442:
331:
2568:
802:
1023:
842:
305:
1103:
1082:
292:
3510:
943:
468:
882:
743:
403:
318:
1166:
1147:
1002:
823:
429:
357:
962:
783:
416:
344:
903:
455:
1122:
1063:
1042:
762:
279:
686:(1,907 million DKK), the United States (898 million DKK), the United Kingdom (851 million DKK), and Denmark (697 million DKK). European Union countries constituted 72.9% of total Faroese imports, while the exports of the Faroe Islands were more equally distributed between European Union (44.4%) and non-European Union countries (55.6%). The vast majority of Faroese exports, around 90%, consists of fishery products.
983:
377:
253:
212:
178:
157:
1294:
1282:
641:
The Faroes have one of the lowest unemployment rates in Europe (1% in 2019), but this is not necessarily a sign of a recovering economy, as many young students move to
Denmark and other countries once they are finished with high school. This leaves a largely middle-aged and elderly population that
646:
and business projects have been fostered in the Faroe
Islands to attract new investment. The result from these projects is not yet known but is hoped to bring a better market economy to the Faroe Islands. The population was around 52,000 by 2019.
630:' economy remains vulnerable. The Faroese hope to broaden their economic base by building new fish-processing plants. The islands allow up to 25% foreign ownership of ocean industry decreasing gradually until 2032 when foreign ownership must end.
1233:
Oil consumption peaked at over 300,000 tonnes in 2020, of which 30% was for fishing vessels. In 2014 217,547 tonnes of oil products were consumed in the Faroe
Islands. Of this 31.58% was consumed by fishing vessels, 14.73% was used by
650:
General salaries increased from DKK 7 billion in 2013 to DKK 10 billion in 2019. In 2020, salmon exports were DKK 3.3 billion. Fishing industries occupied 1,441 people on land and 1,341 at sea.
2830:
1442:
1249:
for DKK 180 million became operational near
Torshavn and increased wind capacity from 6.6 to 18.6MW. It decreases oil consumption by 8,000 ton (approximately 4M€) per year. A 2.3MW 700 kWh
3467:
2354:
634:
found close to the
Faroese area gives hope for deposits in the immediate area, which may lay the basis for sustained economic prosperity. Also important are the annual subsidy from
555:(GDP) of $ 2.613 billion per annum. GDP increased from DKK 8 billion in 1999, to 21 billion in 2019. The vast majority of Faroese exports, around 90%, consists of fishery products.
687:
1660:
1604:
2427:
1238:
for electricity production, 23.23% was consumed in air, sea or land transport, 9.6% was used in the industry, and the rest was used in public or private buildings.
2770:
3489:
1305:
In 2014 and 2017 50.8% of the electricity production of SEV in the Faroe
Islands came from green energy like hydro and wind, while 49.2% was produced by the
3497:
2046:
2010:
1969:
3634:
2787:
2096:
1698:
2279:
2503:
690:
on food imports from Norway and the
European Union, saw the Faroe Islands increase its fresh salmon exports to Russia. The Faroe Islands has a
2364:
2782:
1473:
2297:
3084:
1405:
Danish kroner (DKr) per US$ 1 – 5.560 (2008), 7.336 (January 2000), 6.976 (1999), 6.701 (1998), 6.604 (1997), 5.799 (1996), 5.602 (1995)
2475:
3482:
2858:
2552:
2777:
2073:
571:
have recently recovered, with unemployment down to 5% in mid-1998, and holding below 3% since 2006, one of the lowest rates in
2413:
3624:
3475:
2887:
3570:
2637:
2434:
2622:
390:
consumer goods 24%, machinery and transport equipment 23.5%, fuels 21.4%, raw materials and semi-manufactures, fish, salt
2322:
3212:
2617:
2597:
2496:
100:
3142:
3008:
2904:
2868:
1430:
3565:
2919:
2612:
2180:
2050:
3077:
2459:
2339:
2265:
1882:
1258:
2239:
2909:
2873:
2602:
2576:
2021:
1980:
1863:
104:
3560:
1834:
3456:
3349:
3162:
2853:
2799:
2748:
2489:
2100:
1915:
1951:
1520:
670:, a figure that rose to 1.43 billion DKK in 2016. As of 2016, the Faroe Islands mainly imported goods from
3575:
3187:
3037:
2939:
2929:
2863:
2794:
2627:
2592:
2539:
2122:
3629:
3550:
2952:
2835:
2607:
2547:
2141:
1360:. Some islands are also not connected to the other islands, and must maintain their own electric system.
1228:
3585:
3430:
3382:
3274:
3269:
3070:
2987:
2972:
2967:
1690:
3013:
3003:
2825:
1269:
solutions are also considered. The islands have a goal of 100% green electricity production by 2030.
487:
28:
2159:
3555:
3387:
3234:
2184:
2017:
1976:
1664:
1608:
1900:
3603:
3392:
3354:
642:
may lack the skills and knowledge to take IT positions in business and industry. Since 2000, new
1465:
583:
3334:
3046:
2685:
2525:
1933:
1266:
643:
552:
87:
1813:
1241:
The islands have 6 hydroelectric plants, 4 diesel plants and several wind power plants with a
3304:
3264:
3244:
3224:
3127:
1629:
1495:
1338:
Total annual production: 305.4 GWh (2014) of which the production of thermal, hydropower and
3598:
1573:
3532:
3420:
3239:
3051:
691:
147:
8:
3499:
3440:
3425:
3372:
3319:
3314:
3289:
3147:
1306:
1250:
563:
After the severe economic troubles of the early 1990s, brought on by a drop in the vital
3410:
3519:
3344:
3294:
3254:
3207:
3202:
3192:
3177:
3172:
3167:
3152:
3137:
3132:
3122:
3117:
3112:
3107:
2962:
2529:
1784:
1356:
The Faroe
Islands have no electricity connections to other areas, and thus operate in
3542:
3435:
3377:
3339:
3329:
3309:
3299:
3284:
3279:
3259:
3229:
3197:
3182:
3157:
3093:
1759:
1727:
1548:
1426:
168:
2557:
3593:
3324:
3249:
3219:
2924:
2914:
2705:
2680:
2840:
1423:
The
Restructuration of the Faroese Economy The Significance of the Inner Periphery
48:
2957:
2899:
2848:
2359:
2326:
2243:
1242:
229:
1731:
1720:
3509:
3503:
1763:
1752:
1383:
1171:
1152:
1028:
847:
623:
310:
3618:
2977:
2567:
2512:
2391:
2319:
1235:
807:
663:
659:
627:
568:
297:
37:
2280:"Faroe Islands to get Europe's first wind-connected battery storage system"
1253:
became operational in 2016. Planners also consider converting the existing
700:
667:
528:
233:
52:
2947:
2481:
1262:
1108:
1087:
520:
61:
2219:
2205:
1285:
33:
1791:
1339:
1254:
2760:
2715:
2236:
1379:
1357:
1246:
631:
143:
3062:
2720:
2700:
2690:
2645:
1418:- Information site on fisheries and aquaculture in the Faroe Islands
2710:
2650:
2730:
2725:
1297:
967:
948:
887:
788:
748:
675:
671:
635:
619:
473:
421:
408:
349:
323:
225:
1661:"Import by BEC-groups, country of origin and months (1988-2017)"
1415:
2695:
2670:
2665:
2660:
2655:
1387:
1375:
1127:
1068:
1047:
1007:
908:
828:
767:
683:
679:
572:
460:
434:
362:
284:
682:(610 million DKK). The country's top export destinations were
2675:
1439:. Copenhagen: Royal Danish Ministry of Foreign Affairs, 1959.
988:
927:
868:
551:
was the 166th largest in the world in 2014, having a nominal
447:
336:
2386:
2428:"SEV - FramleiĂ°sluroknskapur 2014 Production Accounts 2014"
1391:
1371:
564:
201:
agriculture: 10.7%, industry: 18.9%, services: 70.3% (2010)
1777:
2298:"Lithium-ion batteries can help to safeguard the grid"
1605:"Exports by country of final destination (1988-2016)"
137:
agriculture: 16%, industry: 29%, services: 55% (2007)
1901:"Information about the economy of the Faroe Islands"
1425:. Frederiksberg, Denmark: Samfundslitteratur, 2002.
2260:
2258:
2256:
1952:"Number of fishing industry jobs halved since 1985"
236:, small ship repair and refurbishment, handicrafts
2181:"Consumption of oil in tonnes by consumer groups"
1883:"Foreign ownership in fishery industry continues"
3616:
2253:
2071:
1916:"Enough funds to cover 12 years of unemployment"
2352:
2094:
2074:"Faroe Islands cashing in on Russian sanctions"
1496:"Changes in CPI, average annual inflation rate"
1437:The Faroe Islands Scenery, Culture, and Economy
699:Imports and exports in 2014; values in million
578:
567:catch and poor management of the economy, the
3483:
3078:
2497:
2433:(in Faroese and English). SEV. Archived from
1857:
1855:
1829:
1827:
1460:
1458:
2231:
2229:
2005:
2003:
2001:
1864:"Salaries exceeded DKK 10 billion last year"
1543:
1541:
612: Construction & manufacturing (16%)
2355:"ENERGYNEST - THERMAL ENERGY STORAGE - TES"
2139:
1721:"Forslag til finanslov for finansĂĄret 2022"
3635:Economies of Europe by dependent territory
3490:
3476:
3085:
3071:
2511:
2504:
2490:
2460:"SEV recommends wind turbines for SuĂ°uroy"
2175:
2173:
2097:"The Faroe Islands don't play by EU rules"
1907:
1881:Hvidtfeldt, JĂłn Brian (23 December 2019).
1880:
1852:
1824:
1455:
27:
2379:
2226:
2123:"Faroe/Russian fishery agreement renewed"
1998:
1962:
1814:"GDP more than doubled from 1999 to 2019"
1685:
1683:
1681:
1655:
1653:
1651:
1599:
1597:
1595:
1538:
638:, which amounted to about 3% of the GDP.
266:fish and fish products 90%, stamps, ships
2420:
1913:
1861:
582:
2170:
2142:"Faroe/Iceland free trade deal renewed"
2049:. VisitFaroeIslands.com. Archived from
1466:"Main figures - Gross domestic product"
36:is the capital and largest town of the
3617:
2140:Johannessen, John (29 December 2019).
2072:Pettersen, Trude (September 3, 2015).
1678:
1648:
1592:
3471:
3092:
3066:
2485:
1701:from the original on 12 November 2019
1476:from the original on 12 November 2019
1309:, which was 12.4% less than in 2013.
2353:Jannicke Nilsen (27 November 2015).
2478:Information about Faroese banknotes
2095:Rutkowski, Lena (18 October 2015).
1914:Djurhuus, Høgni (13 January 2020).
1862:Djurhuus, Høgni (11 January 2020).
13:
2160:"Oil consumption peaked last year"
1630:"Total imports at DKK 8.4 billion"
1408:
14:
3646:
2526:an autonomous constituent country
2469:
606: Fishing & farming (20%)
3508:
2566:
2237:Wind energy in the Faroe Islands
1934:"Population now close to 52,000"
1399:1 Danish krone (DKr) = 100 ører
1292:
1280:
1164:
1145:
1120:
1101:
1080:
1061:
1040:
1021:
1000:
981:
960:
941:
920:
901:
880:
861:
840:
821:
800:
781:
760:
741:
466:
453:
440:
427:
414:
401:
376:
375:
355:
342:
329:
316:
303:
290:
277:
252:
251:
211:
210:
177:
176:
156:
155:
2452:
2406:
2346:
2332:
2312:
2290:
2272:
2212:
2198:
2152:
2133:
2129:(in Faroese). 10 December 2019.
2115:
2088:
2065:
2039:
2011:"Faroe Islands in Figures 2017"
1970:"Faroe Islands in Figures 2015"
1944:
1926:
1893:
1874:
1820:(in Faroese). 23 February 2021.
1806:
1753:"Finanslov for finansĂĄret 2022"
1745:
1713:
1286:Current production, pie diagram
1259:pumped-storage hydroelectricity
1835:"Economy of the Faroe Islands"
1622:
1574:"Exports exceed DKK 9 billion"
1566:
1513:
1488:
1:
2340:"Tidal Energy on the Horizon"
1785:"Gross domestic product 2014"
1449:
534:
3625:Economy of the Faroe Islands
2099:. The Murmur. Archived from
579:Challenges and opportunities
549:economy of the Faroe Islands
7:
1762:. 7 February 2022. p.
1298:Current production, numbers
1245:above 40%. In 2014, a 12MW
1229:Energy in the Faroe Islands
594:Salaries by industry, 2019
10:
3651:
1730:. 30 August 2021. p.
1226:
558:
249:DKK 9.77 billion (2019-20)
197:Labour force by occupation
3584:
3571:Saint Pierre and Miquelon
3541:
3518:
3449:
3401:
3363:
3100:
3031:
2996:
2938:
2895:
2886:
2821:
2812:
2756:
2747:
2636:
2588:
2584:
2575:
2564:
2538:
2520:
1443:Hagstova.fo, 2008 figures
1291:
1279:
1274:
1222:
1136:
717:
714:
711:
708:
694:with Iceland since 2005.
515:
507:
499:
485:
480:
394:
384:
373:DKK 8.4 billion (2019-20)
369:
270:
260:
245:
240:
219:
205:
195:
185:
164:
141:
131:
121:
111:
96:
86:
81:
71:
59:
44:
26:
2185:Statistics Faroe Islands
2018:Statistics Faroe Islands
1977:Statistics Faroe Islands
1695:Statistics Faroe Islands
1665:Statistics Faroe Islands
1634:Statistics Faroe Islands
1609:Statistics Faroe Islands
1578:Statistics Faroe Islands
1553:Statistics Faroe Islands
1525:Statistics Faroe Islands
1500:Statistics Faroe Islands
1470:Statistics Faroe Islands
1363:
688:Russian countersanctions
653:
2476:Faroese banknote series
1369:Agriculture - products:
678:(877 million DKK), and
92:US$ 2.83 billion (2017)
3143:Bosnia and Herzegovina
2206:"Hydro electric power"
1435:Elkjær-Hansen, Niels.
1416:www.FaroeseSeafood.com
1267:Thermal energy storage
644:information technology
588:
553:gross domestic product
495:$ 104.1 million (2018)
2800:Independence movement
2788:Deputy Prime Minister
2524:The Faroe Islands is
1349:Hydropower: 120,7 GWh
674:(2,467 million DKK),
586:
523:from the Danish state
511:$ 1.43 billion (2018)
503:$ 1.54 billion (2018)
2318:Bárður A. Niclasen.
2047:"Trade and Industry"
1691:"General government"
1421:Apostle, Richard A.
1307:thermal power plants
692:free trade agreement
396:Main import partners
272:Main export partners
3364:States with limited
1903:. 21 December 2022.
1839:Visit Faroe Islands
1794:. 18 September 2015
1697:. 1 November 2019.
1251:lithium-ion battery
705:
618:High dependence on
600: Service (64%)
73:Trade organisations
23:
3630:Economy of Denmark
3094:Economy of Europe
2859:Telecommunications
2553:British occupation
2530:Kingdom of Denmark
2325:2015-12-08 at the
2242:2015-12-08 at the
2103:on 8 December 2015
2076:. Barents Observer
2053:on 8 December 2015
2027:on 5 February 2018
1346:Thermal: 150,2 GWh
697:
589:
18:
3612:
3611:
3576:Wallis and Futuna
3498:Economies of the
3465:
3464:
3060:
3059:
3027:
3026:
2882:
2881:
2808:
2807:
2778:Political parties
2743:
2742:
2739:
2738:
2367:on 4 January 2023
2320:Vedvarende energi
2300:. 8 November 2016
1760:Finansministeriet
1728:Finansministeriet
1521:"Risk of poverty"
1472:. 26 April 2019.
1303:
1302:
1220:
1219:
544:
543:
531:/year (2016–2022)
516:Economic aid
166:Population below
3642:
3561:Saint Barthélemy
3551:French Polynesia
3513:
3512:
3492:
3485:
3478:
3469:
3468:
3402:Dependencies and
3101:Sovereign states
3087:
3080:
3073:
3064:
3063:
3040:
3019:
2983:
2893:
2892:
2844:
2831:Economic history
2819:
2818:
2766:
2754:
2753:
2586:
2585:
2582:
2581:
2570:
2506:
2499:
2492:
2483:
2482:
2464:
2463:
2456:
2450:
2449:
2447:
2445:
2439:
2432:
2424:
2418:
2417:
2410:
2404:
2403:
2401:
2399:
2383:
2377:
2376:
2374:
2372:
2363:. Archived from
2350:
2344:
2343:
2336:
2330:
2316:
2310:
2309:
2307:
2305:
2294:
2288:
2287:
2286:. 15 April 2015.
2276:
2270:
2269:
2266:"Green Progress"
2262:
2251:
2233:
2224:
2223:
2216:
2210:
2209:
2202:
2196:
2195:
2193:
2191:
2177:
2168:
2167:
2166:. 22 March 2021.
2164:Kringvarp Føroya
2156:
2150:
2149:
2146:Kringvarp Føroya
2137:
2131:
2130:
2127:Kringvarp Føroya
2119:
2113:
2112:
2110:
2108:
2092:
2086:
2085:
2083:
2081:
2069:
2063:
2062:
2060:
2058:
2043:
2037:
2036:
2034:
2032:
2026:
2020:. Archived from
2015:
2007:
1996:
1995:
1993:
1991:
1985:
1979:. Archived from
1974:
1966:
1960:
1959:
1958:. 23 April 2021.
1956:Kringvarp Føroya
1948:
1942:
1941:
1938:Kringvarp Føroya
1930:
1924:
1923:
1920:Kringvarp Føroya
1911:
1905:
1904:
1897:
1891:
1890:
1887:Kringvarp Føroya
1878:
1872:
1871:
1868:Kringvarp Føroya
1859:
1850:
1849:
1847:
1845:
1831:
1822:
1821:
1818:Kringvarp Føroya
1810:
1804:
1803:
1801:
1799:
1789:
1781:
1775:
1774:
1772:
1770:
1757:
1749:
1743:
1742:
1740:
1738:
1725:
1717:
1711:
1710:
1708:
1706:
1687:
1676:
1675:
1673:
1671:
1657:
1646:
1645:
1643:
1641:
1626:
1620:
1619:
1617:
1615:
1601:
1590:
1589:
1587:
1585:
1570:
1564:
1563:
1561:
1559:
1545:
1536:
1535:
1533:
1531:
1517:
1511:
1510:
1508:
1506:
1492:
1486:
1485:
1483:
1481:
1462:
1358:island condition
1296:
1295:
1284:
1283:
1272:
1271:
1193:Non-EU countries
1184:Non-EU countries
1170:
1168:
1167:
1151:
1149:
1148:
1126:
1124:
1123:
1107:
1105:
1104:
1086:
1084:
1083:
1067:
1065:
1064:
1046:
1044:
1043:
1027:
1025:
1024:
1006:
1004:
1003:
987:
985:
984:
966:
964:
963:
947:
945:
944:
926:
924:
923:
907:
905:
904:
886:
884:
883:
867:
865:
864:
846:
844:
843:
827:
825:
824:
806:
804:
803:
787:
785:
784:
766:
764:
763:
747:
745:
744:
706:
696:
611:
605:
599:
539:
536:
490:
472:
470:
469:
459:
457:
456:
446:
444:
443:
433:
431:
430:
420:
418:
417:
407:
405:
404:
379:
378:
361:
359:
358:
348:
346:
345:
335:
333:
332:
322:
320:
319:
309:
307:
306:
296:
294:
293:
283:
281:
280:
255:
254:
214:
213:
180:
179:
171:
159:
158:
117:7.5% (2013 est.)
31:
24:
22:
17:
3650:
3649:
3645:
3644:
3643:
3641:
3640:
3639:
3615:
3614:
3613:
3608:
3580:
3537:
3514:
3507:
3496:
3466:
3461:
3445:
3403:
3397:
3383:Northern Cyprus
3365:
3359:
3275:North Macedonia
3096:
3091:
3061:
3056:
3043:
3036:
3023:
3017:
2992:
2981:
2934:
2900:Faroe Islanders
2878:
2842:
2804:
2764:
2735:
2632:
2571:
2562:
2534:
2516:
2510:
2472:
2467:
2458:
2457:
2453:
2443:
2441:
2437:
2430:
2426:
2425:
2421:
2412:
2411:
2407:
2397:
2395:
2385:
2384:
2380:
2370:
2368:
2360:Teknisk Ukeblad
2351:
2347:
2338:
2337:
2333:
2327:Wayback Machine
2317:
2313:
2303:
2301:
2296:
2295:
2291:
2278:
2277:
2273:
2264:
2263:
2254:
2244:Wayback Machine
2235:Terji Nielsen.
2234:
2227:
2220:"Thermal Power"
2218:
2217:
2213:
2204:
2203:
2199:
2189:
2187:
2179:
2178:
2171:
2158:
2157:
2153:
2138:
2134:
2121:
2120:
2116:
2106:
2104:
2093:
2089:
2079:
2077:
2070:
2066:
2056:
2054:
2045:
2044:
2040:
2030:
2028:
2024:
2013:
2009:
2008:
1999:
1989:
1987:
1986:on 4 March 2016
1983:
1972:
1968:
1967:
1963:
1950:
1949:
1945:
1932:
1931:
1927:
1912:
1908:
1899:
1898:
1894:
1879:
1875:
1860:
1853:
1843:
1841:
1833:
1832:
1825:
1812:
1811:
1807:
1797:
1795:
1787:
1783:
1782:
1778:
1768:
1766:
1755:
1751:
1750:
1746:
1736:
1734:
1723:
1719:
1718:
1714:
1704:
1702:
1689:
1688:
1679:
1669:
1667:
1659:
1658:
1649:
1639:
1637:
1636:. 17 April 2020
1628:
1627:
1623:
1613:
1611:
1603:
1602:
1593:
1583:
1581:
1580:. 17 April 2020
1572:
1571:
1567:
1557:
1555:
1547:
1546:
1539:
1529:
1527:
1519:
1518:
1514:
1504:
1502:
1494:
1493:
1489:
1479:
1477:
1464:
1463:
1456:
1452:
1447:
1411:
1409:Further reading
1403:Exchange rates:
1366:
1293:
1281:
1275:External images
1243:capacity factor
1231:
1225:
1165:
1163:
1146:
1144:
1121:
1119:
1102:
1100:
1081:
1079:
1062:
1060:
1041:
1039:
1022:
1020:
1001:
999:
982:
980:
961:
959:
942:
940:
921:
919:
902:
900:
881:
879:
862:
860:
841:
839:
822:
820:
801:
799:
782:
780:
761:
759:
742:
740:
666:of 401 million
656:
616:
615:
614:
613:
609:
607:
603:
601:
597:
581:
561:
546:
537:
532:
526:
492:
488:
481:Public finances
467:
465:
464:
454:
452:
451:
441:
439:
438:
428:
426:
425:
415:
413:
412:
402:
400:
397:
387:
374:
356:
354:
353:
343:
341:
340:
330:
328:
327:
317:
315:
314:
304:
302:
301:
291:
289:
288:
278:
276:
273:
263:
250:
230:fish processing
222:
221:Main industries
198:
188:
172:
167:
151:
134:
127:$ 54,833 (2017)
124:
114:
74:
64:
40:
20:
12:
11:
5:
3648:
3638:
3637:
3632:
3627:
3610:
3609:
3607:
3606:
3601:
3596:
3590:
3588:
3582:
3581:
3579:
3578:
3573:
3568:
3563:
3558:
3553:
3547:
3545:
3539:
3538:
3536:
3535:
3530:
3524:
3522:
3516:
3515:
3504:European Union
3495:
3494:
3487:
3480:
3472:
3463:
3462:
3460:
3459:
3457:European Union
3453:
3451:
3450:Other entities
3447:
3446:
3444:
3443:
3438:
3433:
3428:
3423:
3418:
3413:
3407:
3405:
3404:other entities
3399:
3398:
3396:
3395:
3390:
3385:
3380:
3375:
3369:
3367:
3361:
3360:
3358:
3357:
3352:
3350:United Kingdom
3347:
3342:
3337:
3332:
3327:
3322:
3317:
3312:
3307:
3302:
3297:
3292:
3287:
3282:
3277:
3272:
3267:
3262:
3257:
3252:
3247:
3242:
3237:
3232:
3227:
3222:
3217:
3215:
3210:
3205:
3200:
3195:
3190:
3185:
3180:
3175:
3170:
3165:
3163:Czech Republic
3160:
3155:
3150:
3145:
3140:
3135:
3130:
3125:
3120:
3115:
3110:
3104:
3102:
3098:
3097:
3090:
3089:
3082:
3075:
3067:
3058:
3057:
3055:
3054:
3049:
3042:
3041:
3033:
3032:
3029:
3028:
3025:
3024:
3022:
3021:
3011:
3006:
3000:
2998:
2994:
2993:
2991:
2990:
2985:
2975:
2970:
2965:
2960:
2955:
2950:
2944:
2942:
2936:
2935:
2933:
2932:
2927:
2922:
2917:
2912:
2907:
2902:
2896:
2890:
2884:
2883:
2880:
2879:
2877:
2876:
2871:
2866:
2861:
2856:
2851:
2846:
2838:
2833:
2828:
2822:
2816:
2810:
2809:
2806:
2805:
2803:
2802:
2797:
2792:
2791:
2790:
2783:Prime Minister
2780:
2775:
2774:
2773:
2757:
2751:
2745:
2744:
2741:
2740:
2737:
2736:
2734:
2733:
2728:
2723:
2718:
2713:
2708:
2703:
2698:
2693:
2688:
2683:
2678:
2673:
2668:
2663:
2658:
2653:
2648:
2642:
2640:
2634:
2633:
2631:
2630:
2625:
2623:Municipalities
2620:
2615:
2610:
2605:
2600:
2595:
2589:
2579:
2573:
2572:
2565:
2563:
2561:
2560:
2558:Færeyinga saga
2555:
2550:
2544:
2542:
2536:
2535:
2533:
2532:
2521:
2518:
2517:
2515: articles
2509:
2508:
2501:
2494:
2486:
2480:
2479:
2471:
2470:External links
2468:
2466:
2465:
2451:
2440:on 28 May 2016
2419:
2405:
2378:
2345:
2331:
2311:
2289:
2271:
2252:
2225:
2211:
2197:
2169:
2151:
2132:
2114:
2087:
2064:
2038:
1997:
1961:
1943:
1925:
1906:
1892:
1873:
1851:
1823:
1805:
1776:
1744:
1712:
1677:
1647:
1621:
1591:
1565:
1549:"Labour force"
1537:
1512:
1487:
1453:
1451:
1448:
1446:
1445:
1440:
1433:
1419:
1412:
1410:
1407:
1365:
1362:
1354:
1353:
1352:Wind: 34,5 GWh
1350:
1347:
1336:
1335:
1329:
1323:
1317:
1301:
1300:
1289:
1288:
1277:
1276:
1227:Main article:
1224:
1221:
1218:
1217:
1214:
1211:
1208:
1205:
1202:
1198:
1197:
1194:
1191:
1188:
1185:
1182:
1178:
1177:
1174:
1172:European Union
1161:
1158:
1155:
1153:European Union
1142:
1138:
1137:
1134:
1133:
1130:
1117:
1114:
1111:
1098:
1094:
1093:
1090:
1077:
1074:
1071:
1058:
1054:
1053:
1050:
1037:
1034:
1031:
1029:United Kingdom
1018:
1014:
1013:
1010:
997:
994:
991:
978:
974:
973:
970:
957:
954:
951:
938:
934:
933:
930:
917:
914:
911:
898:
894:
893:
890:
877:
874:
871:
858:
854:
853:
850:
848:United Kingdom
837:
834:
831:
818:
814:
813:
810:
797:
794:
791:
778:
774:
773:
770:
757:
754:
751:
738:
734:
733:
730:
727:
724:
720:
719:
716:
713:
710:
655:
652:
624:salmon farming
608:
602:
596:
592:
591:
590:
580:
577:
560:
557:
542:
541:
527:641.8 million
517:
513:
512:
509:
505:
504:
501:
497:
496:
493:
489:Budget balance
486:
483:
482:
478:
477:
398:
395:
392:
391:
388:
385:
382:
381:
371:
367:
366:
311:United Kingdom
274:
271:
268:
267:
264:
261:
258:
257:
247:
243:
242:
238:
237:
223:
220:
217:
216:
207:
203:
202:
199:
196:
193:
192:
189:
186:
183:
182:
173:
165:
162:
161:
152:
142:
139:
138:
135:
132:
129:
128:
125:
123:GDP per capita
122:
119:
118:
115:
112:
109:
108:
98:
94:
93:
90:
84:
83:
79:
78:
75:
72:
69:
68:
65:
60:
57:
56:
46:
42:
41:
32:
9:
6:
4:
3:
2:
3647:
3636:
3633:
3631:
3628:
3626:
3623:
3622:
3620:
3605:
3602:
3600:
3597:
3595:
3592:
3591:
3589:
3587:
3583:
3577:
3574:
3572:
3569:
3567:
3564:
3562:
3559:
3557:
3556:New Caledonia
3554:
3552:
3549:
3548:
3546:
3544:
3540:
3534:
3531:
3529:
3528:Faroe Islands
3526:
3525:
3523:
3521:
3517:
3511:
3505:
3501:
3493:
3488:
3486:
3481:
3479:
3474:
3473:
3470:
3458:
3455:
3454:
3452:
3448:
3442:
3439:
3437:
3434:
3432:
3429:
3427:
3424:
3422:
3419:
3417:
3416:Faroe Islands
3414:
3412:
3409:
3408:
3406:
3400:
3394:
3391:
3389:
3388:South Ossetia
3386:
3384:
3381:
3379:
3376:
3374:
3371:
3370:
3368:
3362:
3356:
3353:
3351:
3348:
3346:
3343:
3341:
3338:
3336:
3333:
3331:
3328:
3326:
3323:
3321:
3318:
3316:
3313:
3311:
3308:
3306:
3303:
3301:
3298:
3296:
3293:
3291:
3288:
3286:
3283:
3281:
3278:
3276:
3273:
3271:
3268:
3266:
3263:
3261:
3258:
3256:
3253:
3251:
3248:
3246:
3243:
3241:
3238:
3236:
3235:Liechtenstein
3233:
3231:
3228:
3226:
3223:
3221:
3218:
3216:
3214:
3211:
3209:
3206:
3204:
3201:
3199:
3196:
3194:
3191:
3189:
3186:
3184:
3181:
3179:
3176:
3174:
3171:
3169:
3166:
3164:
3161:
3159:
3156:
3154:
3151:
3149:
3146:
3144:
3141:
3139:
3136:
3134:
3131:
3129:
3126:
3124:
3121:
3119:
3116:
3114:
3111:
3109:
3106:
3105:
3103:
3099:
3095:
3088:
3083:
3081:
3076:
3074:
3069:
3068:
3065:
3053:
3050:
3048:
3045:
3044:
3039:
3035:
3034:
3030:
3020:
3016:
3012:
3010:
3007:
3005:
3002:
3001:
2999:
2995:
2989:
2986:
2984:
2980:
2976:
2974:
2971:
2969:
2966:
2964:
2961:
2959:
2956:
2954:
2951:
2949:
2946:
2945:
2943:
2941:
2937:
2931:
2928:
2926:
2923:
2921:
2918:
2916:
2913:
2911:
2908:
2906:
2903:
2901:
2898:
2897:
2894:
2891:
2889:
2885:
2875:
2872:
2870:
2867:
2865:
2862:
2860:
2857:
2855:
2852:
2850:
2849:Postal system
2847:
2845:
2839:
2837:
2834:
2832:
2829:
2827:
2824:
2823:
2820:
2817:
2815:
2811:
2801:
2798:
2796:
2793:
2789:
2786:
2785:
2784:
2781:
2779:
2776:
2772:
2769:
2768:
2767:
2763:
2759:
2758:
2755:
2752:
2750:
2746:
2732:
2729:
2727:
2724:
2722:
2719:
2717:
2714:
2712:
2709:
2707:
2704:
2702:
2699:
2697:
2694:
2692:
2689:
2687:
2684:
2682:
2679:
2677:
2674:
2672:
2669:
2667:
2664:
2662:
2659:
2657:
2654:
2652:
2649:
2647:
2644:
2643:
2641:
2639:
2635:
2629:
2626:
2624:
2621:
2619:
2616:
2614:
2611:
2609:
2606:
2604:
2601:
2599:
2596:
2594:
2591:
2590:
2587:
2583:
2580:
2578:
2574:
2569:
2559:
2556:
2554:
2551:
2549:
2546:
2545:
2543:
2541:
2537:
2531:
2527:
2523:
2522:
2519:
2514:
2513:Faroe Islands
2507:
2502:
2500:
2495:
2493:
2488:
2487:
2484:
2477:
2474:
2473:
2461:
2455:
2436:
2429:
2423:
2415:
2409:
2394:
2393:
2388:
2382:
2366:
2362:
2361:
2356:
2349:
2341:
2335:
2328:
2324:
2321:
2315:
2299:
2293:
2285:
2284:Renew Economy
2281:
2275:
2267:
2261:
2259:
2257:
2249:
2245:
2241:
2238:
2232:
2230:
2221:
2215:
2207:
2201:
2186:
2182:
2176:
2174:
2165:
2161:
2155:
2148:(in Faroese).
2147:
2143:
2136:
2128:
2124:
2118:
2102:
2098:
2091:
2075:
2068:
2052:
2048:
2042:
2023:
2019:
2012:
2006:
2004:
2002:
1982:
1978:
1971:
1965:
1957:
1953:
1947:
1940:(in Faroese).
1939:
1935:
1929:
1922:(in Faroese).
1921:
1917:
1910:
1902:
1896:
1889:(in Faroese).
1888:
1884:
1877:
1870:(in Faroese).
1869:
1865:
1858:
1856:
1840:
1836:
1830:
1828:
1819:
1815:
1809:
1793:
1786:
1780:
1765:
1761:
1754:
1748:
1733:
1729:
1722:
1716:
1700:
1696:
1692:
1686:
1684:
1682:
1666:
1662:
1656:
1654:
1652:
1635:
1631:
1625:
1610:
1606:
1600:
1598:
1596:
1579:
1575:
1569:
1554:
1550:
1544:
1542:
1526:
1522:
1516:
1501:
1497:
1491:
1475:
1471:
1467:
1461:
1459:
1454:
1444:
1441:
1438:
1434:
1432:
1431:87-593-0891-5
1428:
1424:
1420:
1417:
1414:
1413:
1406:
1404:
1400:
1398:
1394:
1393:
1389:
1385:
1381:
1377:
1373:
1370:
1361:
1359:
1351:
1348:
1345:
1344:
1343:
1341:
1333:
1330:
1327:
1324:
1321:
1318:
1315:
1312:
1311:
1310:
1308:
1299:
1290:
1287:
1278:
1273:
1270:
1268:
1264:
1260:
1256:
1252:
1248:
1244:
1239:
1237:
1230:
1215:
1212:
1209:
1206:
1203:
1200:
1199:
1195:
1192:
1189:
1186:
1183:
1180:
1179:
1175:
1173:
1162:
1159:
1156:
1154:
1143:
1140:
1139:
1135:
1131:
1129:
1118:
1115:
1112:
1110:
1099:
1096:
1095:
1091:
1089:
1078:
1075:
1072:
1070:
1059:
1056:
1055:
1051:
1049:
1038:
1035:
1032:
1030:
1019:
1016:
1015:
1011:
1009:
998:
995:
992:
990:
979:
976:
975:
971:
969:
958:
955:
952:
950:
939:
936:
935:
931:
929:
918:
915:
912:
910:
899:
896:
895:
891:
889:
878:
875:
872:
870:
859:
856:
855:
851:
849:
838:
835:
832:
830:
819:
816:
815:
811:
809:
808:United States
798:
795:
792:
790:
779:
776:
775:
771:
769:
758:
755:
752:
750:
739:
736:
735:
731:
728:
725:
722:
721:
707:
704:
702:
695:
693:
689:
685:
681:
677:
673:
669:
665:
664:trade surplus
661:
660:Faroe Islands
651:
648:
645:
639:
637:
633:
629:
628:Faroe Islands
625:
621:
595:
585:
576:
574:
570:
569:Faroe Islands
566:
556:
554:
550:
530:
524:
522:
518:
514:
510:
506:
502:
498:
494:
491:
484:
479:
475:
462:
449:
436:
423:
410:
399:
393:
389:
383:
372:
368:
364:
351:
338:
325:
312:
299:
298:United States
286:
275:
269:
265:
259:
248:
244:
239:
235:
231:
227:
224:
218:
209:1.7% in 2019
208:
204:
200:
194:
191:31,667 (2019)
190:
184:
175:10.1% (2018)
174:
170:
163:
153:
149:
145:
140:
136:
133:GDP by sector
130:
126:
120:
116:
110:
106:
102:
99:
95:
91:
89:
85:
80:
76:
70:
67:calendar year
66:
63:
58:
54:
51:(pegged with
50:
49:Faroese krĂłna
47:
43:
39:
38:Faroe Islands
35:
30:
25:
21:Faroe Islands
16:
3604:Sint Maarten
3566:Saint Martin
3527:
3500:dependencies
3415:
3393:Transnistria
3355:Vatican City
3014:
3009:Coat of arms
2978:
2905:Demographics
2869:Trade unions
2813:
2765:(parliament)
2761:
2454:
2444:25 September
2442:. Retrieved
2435:the original
2422:
2408:
2396:. Retrieved
2390:
2381:
2369:. Retrieved
2365:the original
2358:
2348:
2334:
2314:
2302:. Retrieved
2292:
2283:
2274:
2247:
2246:page 19-21.
2214:
2200:
2188:. Retrieved
2163:
2154:
2145:
2135:
2126:
2117:
2105:. Retrieved
2101:the original
2090:
2078:. Retrieved
2067:
2055:. Retrieved
2051:the original
2041:
2029:. Retrieved
2022:the original
1988:. Retrieved
1981:the original
1964:
1955:
1946:
1937:
1928:
1919:
1909:
1895:
1886:
1876:
1867:
1842:. Retrieved
1838:
1817:
1808:
1796:. Retrieved
1779:
1767:. Retrieved
1747:
1735:. Retrieved
1715:
1703:. Retrieved
1694:
1668:. Retrieved
1638:. Retrieved
1633:
1624:
1612:. Retrieved
1582:. Retrieved
1577:
1568:
1556:. Retrieved
1552:
1528:. Retrieved
1524:
1515:
1503:. Retrieved
1499:
1490:
1478:. Retrieved
1469:
1436:
1422:
1402:
1401:
1396:
1395:
1368:
1367:
1355:
1337:
1331:
1328:11.3% (2014)
1325:
1319:
1314:fossil fuel:
1313:
1304:
1240:
1232:
701:Danish krone
698:
658:In 2014 the
657:
649:
640:
626:) means the
617:
593:
562:
548:
545:
519:
386:Import goods
262:Export goods
234:fish farming
206:Unemployment
187:Labour force
169:poverty line
154:1.3% (2019)
103:(nominal) /
53:Danish krone
15:
3586:Netherlands
3431:Isle of Man
3366:recognition
3335:Switzerland
3270:Netherlands
2920:LGBT rights
2706:StĂłra DĂmun
2681:LĂtla DĂmun
2387:"100by2030"
2371:30 November
1769:22 December
1737:22 December
1263:Tidal power
1109:Netherlands
1088:Netherlands
729:Destination
622:(including
587:Salmon farm
540:96 million)
521:Block grant
476:3.8% (2016)
365:5.7% (2016)
62:Fiscal year
19:Economy of
3619:Categories
3305:San Marino
3265:Montenegro
3245:Luxembourg
3225:Kazakhstan
3128:Azerbaijan
2963:Literature
2843:(currency)
2190:6 December
2107:5 December
2080:5 December
2057:5 December
2031:5 November
1990:5 December
1844:18 January
1798:12 October
1792:World Bank
1670:5 November
1614:5 November
1450:References
1380:vegetables
1340:wind power
1255:hydropower
1216:8,022 DKK
1196:4,461 DKK
1176:3,561 DKK
772:1,907 DKK
113:GDP growth
82:Statistics
3533:Greenland
3421:Gibraltar
3240:Lithuania
2982:(holiday)
2910:Education
2874:Transport
2826:Companies
2603:Mountains
2577:Geography
2414:"ForsĂĂ°a"
1397:Currency:
1247:wind farm
1207:6,592 DKK
1187:1,785 DKK
1157:4,807 DKK
753:2,467 DKK
632:Petroleum
144:Inflation
3441:Svalbard
3426:Guernsey
3373:Abkhazia
3320:Slovenia
3315:Slovakia
3290:Portugal
3148:Bulgaria
3047:Category
2979:Ólavsøka
2925:Religion
2915:Language
2854:Taxation
2749:Politics
2711:Streymoy
2651:Eysturoy
2548:Timeline
2323:Archived
2240:Archived
1699:Archived
1474:Archived
1390:, other
1376:potatoes
1332:nuclear:
1132:251 DKK
1092:284 DKK
1052:369 DKK
1012:460 DKK
972:521 DKK
932:569 DKK
892:697 DKK
852:851 DKK
812:898 DKK
718:Exports
508:Expenses
500:Revenues
241:External
97:GDP rank
55:, (DKK))
45:Currency
34:TĂłrshavn
3599:Curaçao
3520:Denmark
3506:states
3345:Ukraine
3295:Romania
3255:Moldova
3213:Ireland
3208:Iceland
3203:Hungary
3193:Germany
3188:Georgia
3178:Finland
3173:Estonia
3168:Denmark
3153:Croatia
3138:Belgium
3133:Belarus
3123:Austria
3118:Armenia
3113:Andorra
3108:Albania
3038:Outline
2997:Symbols
2958:Cuisine
2940:Culture
2930:Whaling
2888:Society
2864:Tourism
2814:Economy
2795:Cabinet
2771:Speaker
2762:Løgting
2716:SuĂ°uroy
2686:Mykines
2638:Islands
2628:Regions
2593:Geology
2540:History
2528:of the
2398:1 March
2304:1 March
1113:143 DKK
1073:148 DKK
1033:169 DKK
993:186 DKK
968:Germany
953:248 DKK
949:Iceland
913:282 DKK
888:Denmark
873:371 DKK
833:610 DKK
793:897 DKK
789:Germany
749:Denmark
712:Imports
676:Germany
672:Denmark
636:Denmark
620:fishing
559:History
474:Iceland
422:Germany
409:Denmark
370:Imports
350:Germany
324:Denmark
246:Exports
226:fishing
3543:France
3436:Jersey
3378:Kosovo
3340:Turkey
3330:Sweden
3310:Serbia
3300:Russia
3285:Poland
3280:Norway
3260:Monaco
3230:Latvia
3198:Greece
3183:France
3158:Cyprus
3052:Portal
3018:(flag)
3015:MerkiĂ°
3004:Anthem
2953:Cinema
2841:KrĂłna
2836:Energy
2721:SvĂnoy
2701:SkĂşvoy
2696:Sandoy
2691:NĂłlsoy
2671:Koltur
2666:Kalsoy
2661:Hestur
2656:Fugloy
2646:BorĂ°oy
2613:Cities
2608:Fjords
2250:, 2015
1705:21 May
1640:21 May
1584:21 May
1558:21 May
1530:21 May
1505:21 May
1480:21 May
1429:
1388:salmon
1320:hydro:
1223:Energy
1169:
1150:
1128:Poland
1125:
1106:
1085:
1069:France
1066:
1048:France
1045:
1026:
1008:Norway
1005:
986:
965:
946:
925:
909:Sweden
906:
885:
866:
845:
829:Norway
826:
805:
786:
768:Russia
765:
746:
732:Value
723:Origin
684:Russia
680:Norway
662:had a
610:
604:
598:
573:Europe
471:
461:Sweden
458:
445:
435:Norway
432:
424:13.3%
419:
411:37.4%
406:
363:Norway
360:
347:
339:7.1%
334:
321:
313:10.6%
308:
295:
287:23.8%
285:Russia
282:
3594:Aruba
3411:Ă…land
3325:Spain
3250:Malta
3220:Italy
2988:Sport
2973:Music
2968:Media
2731:ViĂ°oy
2726:Vágar
2676:Kunoy
2618:Towns
2598:Lakes
2438:(PDF)
2431:(PDF)
2025:(PDF)
2014:(PDF)
1984:(PDF)
1973:(PDF)
1788:(PDF)
1756:(PDF)
1724:(PDF)
1384:sheep
1364:Other
1342:was:
1326:wind:
1322:39.5%
1316:49.2%
1213:Total
1204:Total
989:Italy
928:China
869:China
726:Value
703:(DKK)
654:Trade
463:4.3%
450:5.6%
448:China
437:9.3%
352:6.5%
337:China
326:7.7%
300:11.2%
107:(PPP)
105:179th
101:166th
2446:2015
2400:2017
2373:2015
2329:2015
2306:2017
2192:2015
2109:2015
2082:2015
2059:2015
2033:2017
1992:2015
1846:2020
1800:2015
1771:2022
1739:2022
1707:2020
1672:2017
1642:2020
1616:2015
1586:2020
1560:2020
1532:2020
1507:2020
1482:2020
1427:ISBN
1392:fish
1372:milk
1265:and
715:Rank
709:Rank
565:fish
547:The
538:US$
215:0.4%
181:0.4%
160:0.1%
77:none
3502:of
2948:Art
2392:SEV
2248:SEV
1732:100
1257:to
1236:SEV
668:DKK
529:kr.
256:14%
148:CPI
88:GDP
3621::
2389:.
2357:.
2282:.
2255:^
2228:^
2183:.
2172:^
2162:.
2144:.
2125:.
2016:.
2000:^
1975:.
1954:.
1936:.
1918:.
1885:.
1866:.
1854:^
1837:.
1826:^
1816:.
1790:.
1764:92
1758:.
1726:.
1693:.
1680:^
1663:.
1650:^
1632:.
1607:.
1594:^
1576:.
1551:.
1540:^
1523:.
1498:.
1468:.
1457:^
1386:;
1382:;
1378:,
1374:,
1334:0%
1261:.
1116:10
1097:10
575:.
535:c.
380:9%
232:,
228:,
3491:e
3484:t
3477:v
3086:e
3079:t
3072:v
2505:e
2498:t
2491:v
2462:.
2448:.
2416:.
2402:.
2375:.
2342:.
2308:.
2268:.
2222:.
2208:.
2194:.
2111:.
2084:.
2061:.
2035:.
1994:.
1848:.
1802:.
1773:.
1741:.
1709:.
1674:.
1644:.
1618:.
1588:.
1562:.
1534:.
1509:.
1484:.
1210:–
1201:–
1190:–
1181:–
1160:–
1141:–
1076:9
1057:9
1036:8
1017:8
996:7
977:7
956:6
937:6
916:5
897:5
876:4
857:4
836:3
817:3
796:2
777:2
756:1
737:1
533:(
525::
150:)
146:(
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
