Debt - external:
$64 million (1999)
Economic aid - recipient:
$135 million (annual subsidy from Denmark) (1998)
Currency (code):
Danish krone (DKK)
Currency code:
DKK
Exchange rates:
Danish kroner per US dollar - 5.9969 (2005), 5.9911 (2004), 6.5877
(2003), 7.8947 (2002), 8.3228 (2001)
Fiscal year:
calendar year
Communications Faroe Islands
Telephones - main lines in use:
23,800 (2005)
Telephones - mobile cellular:
42,500 (2005)
Telephone system:
general assessment: good international communications; good
domestic facilities
domestic: digitalization was completed in 1998; both NMT (analog)
and GSM (digital) mobile telephone systems are installed
international: country code - 298; satellite earth stations - 1
Orion; 1 fiber-optic submarine cable to the Shetland Islands,
linking the Faroe Islands with Denmark and Iceland; fiber-optic
submarine cable connection to Canada-Europe cable