How does Faroe Islands rank for exports of goods and services (bop, current us$), per unit of gdp?

Faroe Islands ranks 64th out of 199 countries with data for 2011.

Is exports of goods and services (bop, current us$), per unit of gdp rising or falling in Faroe Islands?

Over the last ten years it is down 2.0%. The long-run trend across the full record is falling.

Exports of goods and services (BoP, current US$), per unit of GDP in Faroe Islands

Name: Exports of goods and services (BoP, current US$), per unit of GDP in Faroe Islands
Creator: Statizoid (derived)
License: Derived by Statizoid from the sources named on the page

Faroe Islands: Exports of goods and services (BoP, current US$), per unit of GDP was 0.484 BoP, current US$ per US$ of GDP in 2011. ▼ Falling

Latest (2011)

0.484 BoP, current US$ per US$ of GDP

Change on year

up 10.0%

World rank

64th

of 199 countries

All-time high

0.4974 BoP, current US$ per US$ of GDP

in 2000

All-time low

0.4075 BoP, current US$ per US$ of GDP

in 2009

Years of data

1998–2011

Exports of goods and services (BoP, current US$), per unit of GDP in Faroe Islands, 1998–2011

Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.

Analysis

Faroe Islands recorded 0.484 BoP, current US$ per US$ of GDP for exports of goods and services (bop, current us$), per unit of gdp in 2011.

The figure is up 10.0% on the previous year and down 2.0% over ten years.

Over the whole period, exports of goods and services (bop, current us$), per unit of gdp in Faroe Islands peaked at 0.4974 BoP, current US$ per US$ of GDP in 2000 and was at its lowest, 0.4075 BoP, current US$ per US$ of GDP, in 2009.

Faroe Islands ranks 64th of 199 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 14 years of available data.

Exports of goods and services (BoP, current US$), per unit of GDP in Faroe Islands, year by year

Annual values for Exports of goods and services (BoP, current US$), per unit of GDP in Faroe Islands, 1998 to 2011.
Year	BoP, current US$ per US$ of GDP	Change
1998	0.4464 BoP, current US$ per US$ of GDP	—
1999	0.4679 BoP, current US$ per US$ of GDP	+4.8%
2000	0.4974 BoP, current US$ per US$ of GDP	+6.3%
2001	0.4939 BoP, current US$ per US$ of GDP	-0.7%
2002	0.4773 BoP, current US$ per US$ of GDP	-3.3%
2003	0.4469 BoP, current US$ per US$ of GDP	-6.4%
2004	0.4088 BoP, current US$ per US$ of GDP	-8.5%
2005	0.4181 BoP, current US$ per US$ of GDP	+2.3%
2006	0.4089 BoP, current US$ per US$ of GDP	-2.2%
2007	0.4103 BoP, current US$ per US$ of GDP	+0.3%
2008	0.4435 BoP, current US$ per US$ of GDP	+8.1%
2009	0.4075 BoP, current US$ per US$ of GDP	-8.1%
2010	0.4399 BoP, current US$ per US$ of GDP	+8.0%
2011	0.484 BoP, current US$ per US$ of GDP	+10.0%

Faroe Islands compared with similar countries

Faroe Islands's 0.484 BoP, current US$ per US$ of GDP is below the median for high income countries, which is 0.5197 BoP, current US$ per US$ of GDP, 93% of the median. (72 countries reporting)
Faroe Islands's 0.484 BoP, current US$ per US$ of GDP is above the median for Europe & Central Asia, which is 0.484 BoP, current US$ per US$ of GDP, 1.0× the median. (51 countries reporting)

Averages by decade

Decade	Average	Lowest	Highest	Years
1990s	0.4572 BoP, current US$ per US$ of GDP	0.4464 BoP, current US$ per US$ of GDP	0.4679 BoP, current US$ per US$ of GDP	2
2000s	0.4413 BoP, current US$ per US$ of GDP	0.4075 BoP, current US$ per US$ of GDP	0.4974 BoP, current US$ per US$ of GDP	10
2010s	0.462 BoP, current US$ per US$ of GDP	0.4399 BoP, current US$ per US$ of GDP	0.484 BoP, current US$ per US$ of GDP	2

Countries ranked near Faroe Islands

61 Armenia 0.5009 BoP, current US$ per US$ of GDP compare
62 Belize 0.4981 BoP, current US$ per US$ of GDP compare
63 Saint Kitts and Nevis 0.4861 BoP, current US$ per US$ of GDP compare
65 Kosovo 0.4809 BoP, current US$ per US$ of GDP
65 Kosovo (UNSCR 1244) 0.4809 BoP, current US$ per US$ of GDP
67 Georgia 0.4752 BoP, current US$ per US$ of GDP compare

See the full ranking of 244 places →

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)

All data for Faroe Islands →

Frequently asked questions

What is exports of goods and services (bop, current us$), per unit of gdp in Faroe Islands?: Exports of goods and services (bop, current us$), per unit of gdp in Faroe Islands was 0.484 BoP, current US$ per US$ of GDP in 2011, according to Statizoid (derived).
What is the highest exports of goods and services (bop, current us$), per unit of gdp recorded in Faroe Islands?: The highest recorded value was 0.4974 BoP, current US$ per US$ of GDP in 2000.
What is the lowest exports of goods and services (bop, current us$), per unit of gdp recorded in Faroe Islands?: The lowest recorded value was 0.4075 BoP, current US$ per US$ of GDP in 2009.
How does Faroe Islands rank for exports of goods and services (bop, current us$), per unit of gdp?: Faroe Islands ranks 64th out of 199 countries with data for 2011.
Is exports of goods and services (bop, current us$), per unit of gdp rising or falling in Faroe Islands?: Over the last ten years it is down 2.0%. The long-run trend across the full record is falling.
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 unit of GDP. Statizoid updates them automatically from the source API.

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Exports of goods and services (BoP, current US$), per unit of GDP in Faroe Islands. Statizoid, drawing on Statizoid (derived). Retrieved 19 September 2026, from https://economy.statizoid.com/stat/exports-of-goods-and-services-bop-current-us-per-unit-of-gdp/faroe-islands/

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How this figure is calculated

Exports of goods and services (BoP, current US$) divided by GDP (current US$), 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$) ÷ GDP (current US$)

Computed from

Exports of goods and services Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
GDP Country official statistics, National Statistical Organizations and/or Central Banks

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

Indicator: Exports of goods and services (BoP, current US$), per unit of GDP
Unit: BoP, current US$ per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 244 places, 9,626 data points, 1960–2025
Last refreshed: 14 September 2026

Exports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.