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Inflation rate - consumer price index: 2.8% (1996 est.)

Labor force: total: 20,345 (1995 est.) by occupation: largely engaged in fishing, manufacturing, transportation, and commerce

Unemployment rate: 11% (1996 est.)

Budget: revenues : $467 million expenditures: $468 million, including capital expenditures of $11 million (1996 est.)

Industries: fishing, shipbuilding, construction, handicrafts

Industrial production growth rate: NA%

Electricity - capacity: 91,000 kW 000 kW

Electricity - production: 175.4 million kWh

Electricity - consumption per capita: 4,043 kWh (1995)

Agriculture - products: milk, potatoes, vegetables; sheep; salmon farming; fish

Exports: total value: $362 million (f.o.b., 1995) commodities : fish and fish products 92%, animal feedstuffs, transport equipment (ships) partners: Denmark 22.2%, UK 25.8%, Germany 9.7%, France 8.3%, Norway 6.2%, US 2.0%

Imports: total value: $315.6 (c.i.f., 1995) commodities: machinery and transport equipment 17.0%, consumer goods 33%, raw materials and semi-manufactures 26.9%, fuels 11.4%, fish and salt 6.7% partners : Denmark 34.5%, Norway 15.9%, UK 8.4% Germany 7.8%, Sweden 5.8%, US 1.5%

Debt - external: $767 million (1995 est.)

Economic aid: receives an annual subsidy from Denmark of about $150 million (1995)

Currency: 1 Danish krone (DKr) = 100 oere

Exchange rates: Danish kroner (DKr) per US$1 - 6.117 (January 1997), 5.799 (1966), 5.602 (1995), 6.361 (1994), 6.484 (1993), 6.036 (1992)

Fiscal year: calendar year

@Faroe Islands:Communications

Telephones: 26,000 of which about 3,500 are mobile telephones (1996)

Telephone system: good international communications; good domestic facilities domestic: digitalization to be completed in 1998 international: satellite earth stations - 1 Orion; 1 optical fiber submarine cable linking the Faroe Islands with Denmark and Iceland

Radio broadcast stations: AM 1, FM 1 (repeaters 13), shortwave 0

Radios: 11,800 (1996 est.)

Television broadcast stations: 1 (repeaters 45)

Televisions: 11,600 (1996 est.)

@Faroe Islands:Transportation

Railways: 0 km

Highways: total: 458 km paved: 450 km unpaved: 8 km (1995 est.)

Ports and harbors: Torshavn, Klaksvik, Tvoroyri, Runavik, Fuglafjordhur