Exports of goods and services (BoP, current US$), per capita in Faroe Islands
Faroe Islands: Exports of goods and services (BoP, current US$), per capita was 24,984 BoP, current US$ per person in 2011. ▲ Rising
Exports of goods and services (BoP, current US$), per capita in Faroe Islands, 1998–2011
Source: Statizoid (derived). Measured in BoP, current US$ per person.
Analysis
The most recent figure for exports of goods and services (bop, current us$), per capita in Faroe Islands is 24,984 BoP, current US$ per person, measured in 2011. That is the highest value across all 14 years on record.
Compared with earlier readings it is up 18.5% on the previous year and up 103.3% over ten years.
Over the whole period, exports of goods and services (bop, current us$), per capita in Faroe Islands peaked at 24,984 BoP, current US$ per person in 2011 and was at its lowest, 11,040 BoP, current US$ per person, in 1998.
Faroe Islands ranks 25th of 200 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 14 years of available data.
Exports of goods and services (BoP, current US$), per capita in Faroe Islands, year by year
| Year | BoP, current US$ per person | Change |
|---|---|---|
| 1998 | 11,040 BoP, current US$ per person | — |
| 1999 | 11,688 BoP, current US$ per person | +5.9% |
| 2000 | 11,600 BoP, current US$ per person | -0.7% |
| 2001 | 12,287 BoP, current US$ per person | +5.9% |
| 2002 | 12,858 BoP, current US$ per person | +4.6% |
| 2003 | 13,976 BoP, current US$ per person | +8.7% |
| 2004 | 14,571 BoP, current US$ per person | +4.3% |
| 2005 | 15,215 BoP, current US$ per person | +4.4% |
| 2006 | 17,070 BoP, current US$ per person | +12.2% |
| 2007 | 19,836 BoP, current US$ per person | +16.2% |
| 2008 | 22,747 BoP, current US$ per person | +14.7% |
| 2009 | 19,177 BoP, current US$ per person | -15.7% |
| 2010 | 21,082 BoP, current US$ per person | +9.9% |
| 2011 | 24,984 BoP, current US$ per person | +18.5% |
Faroe Islands compared with similar countries
- Faroe Islands's 24,984 BoP, current US$ per person is above the median for high income countries, which is 17,544 BoP, current US$ per person, 1.4× the median. (72 countries reporting)
- Faroe Islands's 24,984 BoP, current US$ per person is above the median for Europe & Central Asia, which is 14,311 BoP, current US$ per person, 1.7× the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11,364 BoP, current US$ per person | 11,040 BoP, current US$ per person | 11,688 BoP, current US$ per person | 2 |
| 2000s | 15,934 BoP, current US$ per person | 11,600 BoP, current US$ per person | 22,747 BoP, current US$ per person | 10 |
| 2010s | 23,034 BoP, current US$ per person | 21,082 BoP, current US$ per person | 24,984 BoP, current US$ per person | 2 |
Countries ranked near Faroe Islands
- 22 Aruba 29,372 BoP, current US$ per person compare
- 23 Estonia 26,980 BoP, current US$ per person compare
- 24 Bahrain 25,999 BoP, current US$ per person compare
- 26 Bermuda 24,710 BoP, current US$ per person compare
- 27 Germany 24,513 BoP, current US$ per person compare
- 28 Slovakia 24,258 BoP, current US$ per person compare
More economy & growth data for Faroe Islands
- Exports of goods and services (current US$), per unit of GDP 0.5456 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), annual growth rate -7.73 % change on previous year (2024)
- Exports of goods and services (current LCU), per capita 279,001 current LCU per person (2024)
- Exports of goods and services (current LCU), per unit of GDP 3.76 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), annual growth rate -1.89 % change on previous year (2024)
- Exports of goods and services (current US$), per capita 40,467 current US$ per person (2024)
- Gross national expenditure (current LCU), per capita 494,217 current LCU per person (2024)
- Gross national expenditure (current LCU), annual growth rate 0.4583 % change on previous year (2024)
- Gross national expenditure (current LCU), per unit of GDP 6.66 current LCU per US$ of GDP (2024)
- Gross capital formation (current US$), per unit of GDP 0.2817 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is exports of goods and services (bop, current us$), per capita in Faroe Islands?
- Exports of goods and services (bop, current us$), per capita in Faroe Islands was 24,984 BoP, current US$ per person in 2011, according to Statizoid (derived).
- What is the highest exports of goods and services (bop, current us$), per capita recorded in Faroe Islands?
- The highest recorded value was 24,984 BoP, current US$ per person in 2011.
- What is the lowest exports of goods and services (bop, current us$), per capita recorded in Faroe Islands?
- The lowest recorded value was 11,040 BoP, current US$ per person in 1998.
- How does Faroe Islands rank for exports of goods and services (bop, current us$), per capita?
- Faroe Islands ranks 25th out of 200 countries with data for 2011.
- Is exports of goods and services (bop, current us$), per capita rising or falling in Faroe Islands?
- Over the last ten years it is up 103.3%. The long-run trend across the full record is rising.
- Where does this Faroe Islands data come from?
- The figures come from Statizoid (derived), published as part of Exports of goods and services (BoP, current US$), per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Exports of goods and services (BoP, current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Exports of goods and services (BoP, current US$) ÷ Population, total
Computed from
- Exports of goods and services Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Exports of goods and services (BoP, current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.