Faroe Islands the economy remains vulnerable. One of the biggest private companies of the Faroe Islands is the salmon farming company Bakkafrost, which is the largest of the four salmon farming companies in the Faroe Islands and the eighth biggest in the world. Petroleum found close to the Faroese area gives hope for deposits in the immediate area, which may provide a basis for sustained economic prosperity. 13% of the Faroe Islands' national income comes as economic aid from Denmark. This corresponds to roughly 5% of GDP. Since 2000, the government has fostered new information technology and business projects to attract new
Extreme points of the Faroe Islands which makes use of the World Geodetic System (WGS) 84, a geodetic reference system. Extreme points of the Faroe Islands The extreme points of the Faroe Islands include the coordinates that are further north, south, east or west than any other location in the Faroe Islands; and the highest and the lowest elevations in the territory. The latitude and longitude are expressed in , in which a positive latitude value refers to the northern hemisphere, and a negative value refers to the southern hemisphere. Similarly, a positive longitude value refers to the eastern hemisphere, and a negative value refers to