Official Name: | The Faroe Islands |
Sovereign Status: | Danish Dependency |
Government Type: | Parliamentary Democracy |
Official Name (Local Language): | Foroyar |
ISO Country Codes: | FO : FRO |
Internet Domain: | .fo |
Government Web Site: | https://www.government.fo/ |
Capital: | Torshavn | Main Airports: | Vágar Airport |
Language(s): | Danish; Faroese | Population: | 51,943 |
Currency: | Danish Krone | ISO Currency Code: | DKK |
Telephone Dial In: | +298 | ID Prefix: | 00 |
Government Website: | https://www.government.fo/ |
Central Bank: | Landsbanki Føroya |
GDP: | $2.001 billion (PPP 2014 est.) |
GDP Pro Capita (PPP): | $40,000 (2014 est.) |
Currency & USD Exchange Rate: | Danish Krone |
Currency Code: | DKK |
World Bank Classification: | High Income |
GDP Composition:
Agriculture: | 18% | milk, potatoes, vegetables, sheep, salmon, herring, mackerel and other fish |
Industry: | 39% | fishing, fish processing, tourism, small ship repair and refurbishment, handicrafts |
Services: | 43% |
Subject to Country Specific Sanctions? NO
The World Bank’s World Integrated Trade Solution
Business Language(s): | Danish; English; Faroese |
Customs & Excise: | Taks |
Competitive Ind’l Performance: N/A | Corruption Perceptions Index: N/A |
Ease of Doing Business: N/A | Enabling Trade Index: N/A |
Global Trade Alert | Search ITC's Lega Carta |
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British Chambers of Commerce Overseas No resources available |
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Joint-Venture Chambers of Commerce No resources available |
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U.K. Government Guides No resources available |
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British Representation Overseas No resources available |
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Foreign Representation in the U.K. |
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Faroe Islands Representative Office EmbassyPages |