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  1. More Images

    Economy of the Faroe Islands

    Economy

    The economy of the Faroe Islands was the 166th largest in the world in 2014, having a nominal gross domestic product 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. Wikipedia

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  2. en.wikipedia.org

    The economy of the Faroe Islands was the 166th largest in the world in 2014, having a nominal gross domestic product (GDP) of $2.613 billion per annum. [12] GDP increased from DKK 8 billion in 1999, to 21 billion in 2019. [13] The vast majority of Faroese exports, around 90%, consists of fishery products.
  3. euraxess.ec.europa.eu

    Explore the EU Country Profile to discover the Faroe Islands, a self-governing archipelago in the North Atlantic known for its thriving R&D sector, comprising 1.5% of GDP in 2022. With strategic funding, leading research institutions, and comprehensive support for international researchers, it's an attractive destination for innovation and collaboration.
  4. faroeislands.fo

    Per capita, the Faroe Islands are by far the largest producer of seafood in the world. The Faroese business sector is grad­ually becoming more and more di­versified. Important and promising industries include financial services, petroleum related businesses, ship­ping, maritime services, civil avi­ation, IT and telecommunications, tourism ...
  5. euraxess.ec.europa.eu

    Faroe Marine Research Institute conducts marine research and provides the Government of the Faroe Islands with scientific advice based on its research on marine resources and environment. The institute has its own advanced research vessel, equipped for studying the marine environment, fish stocks, and for carrying out seismic surveys.
  6. government.fo

    The Faroe Islands and the European Union. When Denmark in 1973 joined the European Economic Community, now the European Union, the Faroes had the option to remain outside. Like other fisheries dependent communities, the Faroese have not found it their interest to become subject to the Common Fisheries Policy.
  7. en.wikipedia.org

    The Faroe or Faeroe Islands (/ ˈ f ɛər oʊ / FAIR-oh), or simply the Faroes (Faroese: Føroyar, pronounced [ˈfœɹjaɹ] ⓘ; Danish: Færøerne [ˈfeɐ̯ˌøˀɐnə]), are an archipelago in the North Atlantic Ocean and an autonomous territory of the Kingdom of Denmark.The official language of the country is Faroese, which is closely related to and partially mutually intelligible with ...
  8. euraxess.ec.europa.eu

    The Faroe Islands are an archipelago of 18 mountainous islands located half way between Scotland and Iceland in the Northeast Atlantic Ocean.. The Faroe Islands are a self-governing nation under the external sovereignty of the Kingdom of Denmark. Faroe Islands have exclusive competence to legislate and govern independently in a wide range of areas, including management of fisheries and other ...
  9. prosperitydata360.worldbank.org

    Explore Faroe Islands economic data on Prosperity Data360. Explore Faroe Islands economic data on Prosperity Data360. ... Europe & Central Asia Income Group: High income Datasets: 31 Indicators: 885. Economy Comparison; ... Ease of doing business : Ease of doing business rank; EIU Democracy Index; Employment by sector and gender (% of total ...
  10. faroeislands.fo

    The ocean connects the Faroe Islands with the rest of the world, providing the basis for the economy and a unique and dynamic Faroese way of life. As a self-governing nation under the external sovereignty of the Kingdom of Denmark, the Faroe Islands have extensive autonomy and engage directly in all relevant areas of international cooperation.

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