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Faroe Islands has an unemployment rate of 5.50% while Isle of Man has 2.00%

This entry contains the percent of the labor force that is without jobs.
Source: CIA World Factbook

The GDP per capita in Faroe Islands is $30,500 while in Isle of Man it is $53,800

This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The differences between the OER- and PPP-denominated GDP values for most of the wealthy industrialized countries are generally much smaller.
Source: CIA World Factbook

The number of deaths of infants under one year old in a given year per 1,000 live births in Faroe Islands is 5.71 while in Isle of Man it is 4.17.

This entry gives the number of deaths of infants under one year old in a given year per 1,000 live births in the same year; included is the total death rate, and deaths by sex, male and female. This rate is often used as an indicator of the level of health in a country.
Source: CIA World Factbook

The life expectancy at birth in Faroe Islands is 80.11 while in Isle of Man it is 80.98.

This entry contains the average number of years to be lived by a group of people born in the same year, if mortality at each age remains constant in the future. The entry includes total population as well as the male and female components. Life expectancy at birth is also a measure of overall quality of life in a country and summarizes the mortality at all ages. It can also be thought of as indicating the potential return on investment in human capital and is necessary for the calculation of various actuarial measures.
Source: CIA World Factbook

The annual number of births per 1,000 people in Faroe Islands is 13.57 while in Isle of Man it is 11.17.

This entry gives the average annual number of births during a year per 1,000 persons in the population at midyear; also known as crude birth rate. The birth rate is usually the dominant factor in determining the rate of population growth. It depends on both the level of fertility and the age structure of the population.
Source: CIA World Factbook

More Information about Faroe Islands

With its 49,947 people, Faroe Islands is the 207th largest country in the world by population. It is the 178th largest country in the world by area with 1,393 square kilometers.

The population of the Faroe Islands is largely descended from Viking settlers who arrived in the 9th century. The islands have been connected politically to Denmark since the 14th century. A high degree of self-government was granted the Faroese in 1948, who have autonomy over most internal affairs while Denmark is responsible for justice, defense, and foreign affairs. The Faroe Islands are not part of the European Union.

Languages spoken: Faroese (derived from Old Norse), Danish

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