GNP: $500 million, per capita $9,000; real growth rate 5% (1988)
Inflation rate (consumer prices): 2.9% (1987)
Unemployment rate: 10%
Budget: revenues $380 million; expenditures $380 million, including capital expenditures of $NA (1985)
Exports: $386.2 million (f.o.b., 1988); commodities—fish and fish products, metallic ores and concentrates; partners—Denmark 76%, FRG 7%, Sweden 5%
Imports: $445.6 million (c.i.f., 1988); commodities—petroleum and petroleum products, machinery and transport equipment, food products; partners—Denmark 66%, Norway 5%, Sweden 4%, FRG 4%, Japan 4% US 3%
External debt: $445 million (1988)
Industrial production: growth rate NA%
Electricity: 84,000 kW capacity; 176 million kWh produced, 3,180 kWh per capita (1989)
Industries: fish processing, lead and zinc mining, handicrafts