Exports of goods and services (BoP, current US$), per square kilometre in Faroe Islands
Faroe Islands: Exports of goods and services (BoP, current US$), per square kilometre was 868,768 BoP, current US$ per square kilometre in 2011. ▲ Rising
Exports of goods and services (BoP, current US$), per square kilometre in Faroe Islands, 1998–2011
Source: Statizoid (derived). Measured in BoP, current US$ per square kilometre.
Analysis
In 2011, exports of goods and services (bop, current us$), per square kilometre in Faroe Islands stood at 868,768 BoP, current US$ per square kilometre. That is the highest value across all 14 years on record.
That represents a change of up 18.2% on the previous year and up 111.7% over ten years.
Over the whole period, exports of goods and services (bop, current us$), per square kilometre in Faroe Islands peaked at 868,768 BoP, current US$ per square kilometre in 2011 and was at its lowest, 353,288 BoP, current US$ per square kilometre, in 1998.
Faroe Islands ranks 53rd of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 14 years of available data.
Exports of goods and services (BoP, current US$), per square kilometre in Faroe Islands, year by year
| Year | BoP, current US$ per square kilometre | Change |
|---|---|---|
| 1998 | 353,288 BoP, current US$ per square kilometre | — |
| 1999 | 377,973 BoP, current US$ per square kilometre | +7.0% |
| 2000 | 380,193 BoP, current US$ per square kilometre | +0.6% |
| 2001 | 410,458 BoP, current US$ per square kilometre | +8.0% |
| 2002 | 435,981 BoP, current US$ per square kilometre | +6.2% |
| 2003 | 480,852 BoP, current US$ per square kilometre | +10.3% |
| 2004 | 505,022 BoP, current US$ per square kilometre | +5.0% |
| 2005 | 527,065 BoP, current US$ per square kilometre | +4.4% |
| 2006 | 591,024 BoP, current US$ per square kilometre | +12.1% |
| 2007 | 687,408 BoP, current US$ per square kilometre | +16.3% |
| 2008 | 791,032 BoP, current US$ per square kilometre | +15.1% |
| 2009 | 670,238 BoP, current US$ per square kilometre | -15.3% |
| 2010 | 734,807 BoP, current US$ per square kilometre | +9.6% |
| 2011 | 868,768 BoP, current US$ per square kilometre | +18.2% |
Faroe Islands compared with similar countries
- Faroe Islands's 868,768 BoP, current US$ per square kilometre is below the median for high income countries, which is 2.25 million BoP, current US$ per square kilometre, 39% of the median. (72 countries reporting)
- Faroe Islands's 868,768 BoP, current US$ per square kilometre is above the median for Europe & Central Asia, which is 801,160 BoP, current US$ per square kilometre, 1.1× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 365,630 BoP, current US$ per square kilometre | 353,288 BoP, current US$ per square kilometre | 377,973 BoP, current US$ per square kilometre | 2 |
| 2000s | 547,927 BoP, current US$ per square kilometre | 380,193 BoP, current US$ per square kilometre | 791,032 BoP, current US$ per square kilometre | 10 |
| 2010s | 801,788 BoP, current US$ per square kilometre | 734,807 BoP, current US$ per square kilometre | 868,768 BoP, current US$ per square kilometre | 2 |
Countries ranked near Faroe Islands
- 50 Lithuania 974,760 BoP, current US$ per square kilometre compare
- 51 Saint Vincent and the Grenadines 879,982 BoP, current US$ per square kilometre compare
- 52 Turks and Caicos Islands 870,341 BoP, current US$ per square kilometre
- 54 Malaysia 834,272 BoP, current US$ per square kilometre compare
- 55 Greece 832,002 BoP, current US$ per square kilometre compare
- 56 Croatia 805,297 BoP, current US$ per square kilometre 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$), per square kilometre in Faroe Islands?
- Exports of goods and services (bop, current us$), per square kilometre in Faroe Islands was 868,768 BoP, current US$ per square kilometre in 2011, according to Statizoid (derived).
- What is the highest exports of goods and services (bop, current us$), per square kilometre recorded in Faroe Islands?
- The highest recorded value was 868,768 BoP, current US$ per square kilometre in 2011.
- What is the lowest exports of goods and services (bop, current us$), per square kilometre recorded in Faroe Islands?
- The lowest recorded value was 353,288 BoP, current US$ per square kilometre in 1998.
- How does Faroe Islands rank for exports of goods and services (bop, current us$), per square kilometre?
- Faroe Islands ranks 53rd out of 198 countries with data for 2011.
- Is exports of goods and services (bop, current us$), per square kilometre rising or falling in Faroe Islands?
- Over the last ten years it is up 111.7%. 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$), per square kilometre. Statizoid updates them automatically from the source API.
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How this figure is calculated
Exports of goods and services (BoP, current US$) divided by Land area (sq. km), 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$) ÷ Land area (sq. km)
Computed from
- Exports of goods and services Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Exports of goods and services (BoP, current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.