Faroe Islands

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


Political & Cultural Organisations:

Travel Guides:

Faroe Islands

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%

Source: Central Intelligence Agency Factbook


Financial & Economic Organisations:

Financial & Economic Profiles:
FAO; OECD;

Financial Exchanges:
No Exchange

National Statistics Office:

National Dataset(s):

Faroe Islands


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
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Country Ratings:


Export Credit & Insurance More

N/A

Investment & Export Promotion More

N/A



Regional Trade Agreements & Organisations:

Faroe Islands

Accountancy Associations
Banking Association

N/A


Business Directories
Chambers Of Commerce

N/A


Customs & Excise

Government Procurement

N/A

Law Associations & Firms

Logistics Companies

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Cargo-Cards
Freightnet
SeaRates

Jctrans.net

Major Companies with a Local Operation

DHL Global

Tax Identification Codes

Yellow Pages



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Faroe Islands

British Chambers of Commerce Overseas No resources available

Joint-Venture Chambers of Commerce No resources available

U.K. Government Guides No resources available

British Representation Overseas No resources available

Foreign Representation in the U.K.
Faroe Islands Representative Office
EmbassyPages