Exports of goods and services (current LCU), per capita in Faroe Islands
Faroe Islands: Exports of goods and services (current LCU), per capita was 279,001 current LCU per person in 2024. ◆ Volatile
Exports of goods and services (current LCU), per capita in Faroe Islands, 1962–2024
Source: Statizoid (derived). Measured in current LCU per person.
Analysis
The most recent figure for exports of goods and services (current lcu), per capita in Faroe Islands is 279,001 current LCU per person, measured in 2024.
Compared with earlier readings it is down 2.3% on the previous year and up 54.7% over ten years.
Over the whole period, exports of goods and services (current lcu), per capita in Faroe Islands peaked at 291,279 current LCU per person in 2022 and was at its lowest, 3,455 current LCU per person, in 1962.
That places Faroe Islands 49th out of 193 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Exports of goods and services (current LCU), per capita in Faroe Islands, year by year
| Year | current LCU per person | Change |
|---|---|---|
| 1962 | 3,455 current LCU per person | — |
| 1963 | 3,665 current LCU per person | +6.1% |
| 1964 | 3,629 current LCU per person | -1.0% |
| 1965 | 4,617 current LCU per person | +27.2% |
| 1966 | 3,909 current LCU per person | -15.3% |
| 1967 | 4,771 current LCU per person | +22.1% |
| 1968 | 4,103 current LCU per person | -14.0% |
| 1969 | 4,806 current LCU per person | +17.2% |
| 1970 | 6,559 current LCU per person | +36.5% |
| 1971 | 7,201 current LCU per person | +9.8% |
| 1972 | 8,223 current LCU per person | +14.2% |
| 1973 | 11,893 current LCU per person | +44.6% |
| 1974 | 12,115 current LCU per person | +1.9% |
| 1975 | 11,438 current LCU per person | -5.6% |
| 1976 | 15,392 current LCU per person | +34.6% |
| 1977 | 20,787 current LCU per person | +35.0% |
| 1978 | 18,462 current LCU per person | -11.2% |
| 1979 | 18,652 current LCU per person | +1.0% |
| 1980 | 23,380 current LCU per person | +25.3% |
| 1981 | 27,188 current LCU per person | +16.3% |
| 1982 | 28,213 current LCU per person | +3.8% |
| 1983 | 35,010 current LCU per person | +24.1% |
| 1984 | 37,217 current LCU per person | +6.3% |
| 1985 | 42,464 current LCU per person | +14.1% |
| 1986 | 44,069 current LCU per person | +3.8% |
| 1987 | 51,711 current LCU per person | +17.3% |
| 1988 | 50,194 current LCU per person | -2.9% |
| 1989 | 53,421 current LCU per person | +6.4% |
| 1990 | 54,586 current LCU per person | +2.2% |
| 1991 | 59,287 current LCU per person | +8.6% |
| 1992 | 56,379 current LCU per person | -4.9% |
| 1993 | 46,499 current LCU per person | -17.5% |
| 1994 | 47,052 current LCU per person | +1.2% |
| 1995 | 47,167 current LCU per person | +0.2% |
| 1996 | 65,625 current LCU per person | +39.1% |
| 1997 | 68,114 current LCU per person | +3.8% |
| 1998 | 77,302 current LCU per person | +13.5% |
| 1999 | 84,971 current LCU per person | +9.9% |
| 2000 | 96,778 current LCU per person | +13.9% |
| 2001 | 106,772 current LCU per person | +10.3% |
| 2002 | 104,341 current LCU per person | -2.3% |
| 2003 | 96,348 current LCU per person | -7.7% |
| 2004 | 93,332 current LCU per person | -3.1% |
| 2005 | 91,753 current LCU per person | -1.7% |
| 2006 | 103,763 current LCU per person | +13.1% |
| 2007 | 110,883 current LCU per person | +6.9% |
| 2008 | 120,211 current LCU per person | +8.4% |
| 2009 | 110,143 current LCU per person | -8.4% |
| 2010 | 125,931 current LCU per person | +14.3% |
| 2011 | 145,313 current LCU per person | +15.4% |
| 2012 | 153,023 current LCU per person | +5.3% |
| 2013 | 173,626 current LCU per person | +13.5% |
| 2014 | 180,391 current LCU per person | +3.9% |
| 2015 | 188,464 current LCU per person | +4.5% |
| 2016 | 208,807 current LCU per person | +10.8% |
| 2017 | 221,029 current LCU per person | +5.9% |
| 2018 | 208,538 current LCU per person | -5.7% |
| 2019 | 234,594 current LCU per person | +12.5% |
| 2020 | 193,145 current LCU per person | -17.7% |
| 2021 | 226,875 current LCU per person | +17.5% |
| 2022 | 291,279 current LCU per person | +28.4% |
| 2023 | 285,637 current LCU per person | -1.9% |
| 2024 | 279,001 current LCU per person | -2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4,119 current LCU per person | 3,455 current LCU per person | 4,806 current LCU per person | 8 |
| 1970s | 13,072 current LCU per person | 6,559 current LCU per person | 20,787 current LCU per person | 10 |
| 1980s | 39,287 current LCU per person | 23,380 current LCU per person | 53,421 current LCU per person | 10 |
| 1990s | 60,698 current LCU per person | 46,499 current LCU per person | 84,971 current LCU per person | 10 |
| 2000s | 103,433 current LCU per person | 91,753 current LCU per person | 120,211 current LCU per person | 10 |
| 2010s | 183,972 current LCU per person | 125,931 current LCU per person | 234,594 current LCU per person | 10 |
| 2020s | 255,187 current LCU per person | 193,145 current LCU per person | 291,279 current LCU per person | 5 |
Countries ranked near Faroe Islands
- 46 Sweden 330,025 current LCU per person compare
- 47 Sri Lanka 285,530 current LCU per person compare
- 48 Uruguay 281,178 current LCU per person compare
- 50 Russian Federation 271,767 current LCU per person compare
- 51 Syrian Arab Republic 268,590 current LCU per person compare
- 52 Luxembourg 248,276 current LCU per person compare
More economy & growth data for Faroe Islands
- Imports of goods and services (current US$), annual growth rate -6.27 % change on previous year (2024)
- Exports of goods and services (current LCU), annual growth rate -1.89 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 3.76 current LCU per US$ of GDP (2024)
- Gross capital formation (current US$), annual growth rate -7.73 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.2817 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 20,895 current US$ per person (2024)
- Gross capital formation (current LCU), annual growth rate -7.66 % change on previous year (2024)
- Gross capital formation (current LCU), per unit of GDP 1.94 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 144,061 current LCU per person (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual -6.93 % change on previous year (2024)
Frequently asked questions
- What is exports of goods and services (current lcu), per capita in Faroe Islands?
- Exports of goods and services (current lcu), per capita in Faroe Islands was 279,001 current LCU per person in 2024, according to Statizoid (derived).
- What is the highest exports of goods and services (current lcu), per capita recorded in Faroe Islands?
- The highest recorded value was 291,279 current LCU per person in 2022.
- What is the lowest exports of goods and services (current lcu), per capita recorded in Faroe Islands?
- The lowest recorded value was 3,455 current LCU per person in 1962.
- How does Faroe Islands rank for exports of goods and services (current lcu), per capita?
- Faroe Islands ranks 49th out of 193 countries with data for 2024.
- Is exports of goods and services (current lcu), per capita rising or falling in Faroe Islands?
- Over the last ten years it is up 54.7%. The long-run trend across the full record is volatile.
- Where does this Faroe Islands data come from?
- The figures come from Statizoid (derived), published as part of Exports of goods and services (current LCU), per capita. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Exports of goods and services (current LCU) 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 (current LCU) ÷ Population, total
Computed from
- Exports of goods and services Country official statistics, National Statistical Organizations and/or Central Banks
- 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 (current LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.