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Faroe Islands
The Faroe or Faeroe Islands ( FAIR-oh), or simply the Faroes (Faroese: Føroyar [ˈfœɹjaɹ] ; Danish: Færøerne [ˈfeɐ̯ˌøˀɐnə]), is a North Atlantic island group and an autonomous territory of the Kingdom of Denmark.
They are located 320 kilometres (200 mi) north-northwest of the United Kingdom, and about halfway between Norway (580 kilometres (360 mi) away) and Iceland (430 kilometres (270 mi) away). The islands form part of the Kingdom of Denmark, along with mainland Denmark and Greenland. The islands have a total area of about 1,400 square kilometres (540 sq mi) with a population of 54,000 as of June 2022. The capital and largest city is Tórshavn.
The terrain is rugged, and the subpolar oceanic climate (Cfc) is windy, wet, cloudy, and cool. Temperatures for such a northerly climate are moderated by the Gulf Stream, averaging above freezing throughout the year, hovering around 12 °C (54 °F) in summer and 5 °C (41 °F) in winter. The northerly latitude also results in perpetual civil twilight during summer nights and very short winter days.
Between 1035 and 1814, the Faroe Islands were part of the Kingdom of Norway, which was in a personal union with Denmark from 1380. In 1814, the Treaty of Kiel transferred No... [More]
- Last : 27,457.71
- High : 27,873.78
- Low : 27,347.79
- Max Fluctuation : 217.11
- Max Fluctuation % : 0.4%
- Open : 27,843.21
- Time : 04:49:13
- Yesterday : 27,843.21
- Change % : 1.4%
- Change : 385.5
- Last : 1,823.76
- High : 1,829.2
- Low : 1,821.29
- Max Fluctuation : 3.78
- Max Fluctuation % : 0.08%
- Open : 1,827.62
- Time : 04:48:58
- Yesterday : 1,827.6
- Change % : 0.21%
- Change : 3.84
- Last : 88.19
- High : 88.72
- Low : 88.14
- Max Fluctuation : 0.07
- Max Fluctuation % : 0.29%
- Open : 88.72
- Time : 04:49:59
- Yesterday : 88.72
- Change % : 0.6%
- Change : 0.53
- Last : 0.9551
- High : 0.9554
- Low : 0.9523
- Max Fluctuation : -
- Max Fluctuation % : -
- Open : 0.9543
- Time : 04:50:36
- Yesterday : 0.9543
- Change % : 0.08%
- Change : 0.0008
Economic Indicators + Forecasts
Actual
Forecast
Indicator | Last | Time | Previous | Metric |
---|---|---|---|---|
Balance of Trade |
63198 | 23 Jul | 62942 | DKK Thousand |
Business Confidence |
-15 | 23 Jun | 8 | points |
Consumer Confidence |
1 | 23 Jun | 0 | points |
Consumer Price Index CPI |
140 | 23 Jun | 139 | points |
Economic Optimism Index |
6 | 23 Jun | 17 | points |
Exports |
988388 | 23 Jul | 797088 | DKK Thousand |
Fiscal Expenditure |
11702 | 21 Dec | 11961 | DKK Million |
Food Inflation |
11.3 | 23 Jun | 13.3 | percent |
Government Budget |
0.6 | 21 Dec | -4.4 | percent of GDP |
Government Budget Value |
132 | 21 Dec | -929 | DKK Million |
Government Revenues |
11834 | 21 Dec | 11032 | DKK Million |
Government Spending To GDP |
51 | 21 Dec | 56.4 | percent of GDP |
Imports |
925190 | 23 Jul | 734146 | DKK Thousand |
Inflation Rate |
4.4 | 23 Jun | 8.3 | percent |
Inflation Rate Mom |
0.1 | 23 Jun | 0.6 | percent |
Population |
0.05 | 22 Dec | 0.05 | Million |
Unemployed Persons |
215 | 23 Jul | 212 | |
Unemployment Rate |
0.7 | 23 Jul | 0.6 | percent |
Indicator | Actual | Q1 | Q2 | Q3 | Q4 | Metric |
---|---|---|---|---|---|---|
Inflation Rate | 4.4 | 2.5 | 2 | 2 | 2 | percent |
Population | 0.05 | 0.1 | 0.1 | 0.1 | Million | Million |
Unemployment Rate | 0.7 | 1 | 1 | 1 | 1 | percent |