Exports of goods and services (current LCU), per square kilometre in Faroe Islands
Faroe Islands: Exports of goods and services (current LCU), per square kilometre was 11.34 million current LCU per square kilometre in 2023. ◆ Volatile
Latest (2023)
11.34 million current LCU per square kilometre
Change on year
down 1.0%
World rank
73rd
of 190 countries
All-time high
11.46 million current LCU per square kilometre
in 2022
All-time low
86,533 current LCU per square kilometre
in 1962
Years of data
62
1962–2023
Exports of goods and services (current LCU), per square kilometre in Faroe Islands, 1962–2023
Source: Statizoid (derived). Measured in current LCU per square kilometre.
Analysis
In 2023, exports of goods and services (current lcu), per square kilometre in Faroe Islands stood at 11.34 million current LCU per square kilometre.
That represents a change of down 1.0% on the previous year and up 89.0% over ten years.
Over the whole period, exports of goods and services (current lcu), per square kilometre in Faroe Islands peaked at 11.46 million current LCU per square kilometre in 2022 and was at its lowest, 86,533 current LCU per square kilometre, in 1962.
Faroe Islands ranks 73rd of 190 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Exports of goods and services (current LCU), per square kilometre in Faroe Islands, year by year
| Year | current LCU per square kilometre | Change |
|---|---|---|
| 1962 | 86,533 current LCU per square kilometre | — |
| 1963 | 92,908 current LCU per square kilometre | +7.4% |
| 1964 | 93,195 current LCU per square kilometre | +0.3% |
| 1965 | 120,201 current LCU per square kilometre | +29.0% |
| 1966 | 103,080 current LCU per square kilometre | -14.2% |
| 1967 | 127,149 current LCU per square kilometre | +23.3% |
| 1968 | 110,387 current LCU per square kilometre | -13.2% |
| 1969 | 130,516 current LCU per square kilometre | +18.2% |
| 1970 | 179,799 current LCU per square kilometre | +37.8% |
| 1971 | 199,642 current LCU per square kilometre | +11.0% |
| 1972 | 230,731 current LCU per square kilometre | +15.6% |
| 1973 | 337,679 current LCU per square kilometre | +46.4% |
| 1974 | 348,066 current LCU per square kilometre | +3.1% |
| 1975 | 332,378 current LCU per square kilometre | -4.5% |
| 1976 | 452,292 current LCU per square kilometre | +36.1% |
| 1977 | 617,478 current LCU per square kilometre | +36.5% |
| 1978 | 555,014 current LCU per square kilometre | -10.1% |
| 1979 | 568,123 current LCU per square kilometre | +2.4% |
| 1980 | 721,347 current LCU per square kilometre | +27.0% |
| 1981 | 849,642 current LCU per square kilometre | +17.8% |
| 1982 | 892,693 current LCU per square kilometre | +5.1% |
| 1983 | 1.12 million current LCU per square kilometre | +25.5% |
| 1984 | 1.20 million current LCU per square kilometre | +7.4% |
| 1985 | 1.39 million current LCU per square kilometre | +15.5% |
| 1986 | 1.46 million current LCU per square kilometre | +4.7% |
| 1987 | 1.73 million current LCU per square kilometre | +18.8% |
| 1988 | 1.70 million current LCU per square kilometre | -1.6% |
| 1989 | 1.84 million current LCU per square kilometre | +7.8% |
| 1990 | 1.87 million current LCU per square kilometre | +1.7% |
| 1991 | 2.02 million current LCU per square kilometre | +7.9% |
| 1992 | 1.91 million current LCU per square kilometre | -5.2% |
| 1993 | 1.55 million current LCU per square kilometre | -18.9% |
| 1994 | 1.51 million current LCU per square kilometre | -2.7% |
| 1995 | 1.47 million current LCU per square kilometre | -2.2% |
| 1996 | 2.05 million current LCU per square kilometre | +39.0% |
| 1997 | 2.15 million current LCU per square kilometre | +5.1% |
| 1998 | 2.47 million current LCU per square kilometre | +14.9% |
| 1999 | 2.75 million current LCU per square kilometre | +11.1% |
| 2000 | 3.17 million current LCU per square kilometre | +15.4% |
| 2001 | 3.57 million current LCU per square kilometre | +12.5% |
| 2002 | 3.54 million current LCU per square kilometre | -0.8% |
| 2003 | 3.32 million current LCU per square kilometre | -6.3% |
| 2004 | 3.23 million current LCU per square kilometre | -2.4% |
| 2005 | 3.18 million current LCU per square kilometre | -1.7% |
| 2006 | 3.59 million current LCU per square kilometre | +13.0% |
| 2007 | 3.84 million current LCU per square kilometre | +7.0% |
| 2008 | 4.18 million current LCU per square kilometre | +8.8% |
| 2009 | 3.85 million current LCU per square kilometre | -7.9% |
| 2010 | 4.39 million current LCU per square kilometre | +14.0% |
| 2011 | 5.05 million current LCU per square kilometre | +15.1% |
| 2012 | 5.29 million current LCU per square kilometre | +4.8% |
| 2013 | 6.00 million current LCU per square kilometre | +13.4% |
| 2014 | 6.26 million current LCU per square kilometre | +4.3% |
| 2015 | 6.60 million current LCU per square kilometre | +5.5% |
| 2016 | 7.40 million current LCU per square kilometre | +12.1% |
| 2017 | 7.94 million current LCU per square kilometre | +7.4% |
| 2018 | 7.62 million current LCU per square kilometre | -4.1% |
| 2019 | 8.70 million current LCU per square kilometre | +14.2% |
| 2020 | 7.43 million current LCU per square kilometre | -14.6% |
| 2021 | 8.83 million current LCU per square kilometre | +18.7% |
| 2022 | 11.46 million current LCU per square kilometre | +29.9% |
| 2023 | 11.34 million current LCU per square kilometre | -1.0% |
Faroe Islands compared with similar countries
- Faroe Islands's 11.34 million current LCU per square kilometre is above the median for high income countries, which is 5.05 million current LCU per square kilometre, 2.2× the median. (72 countries reporting)
- Faroe Islands's 11.34 million current LCU per square kilometre is above the median for Europe & Central Asia, which is 3.24 million current LCU per square kilometre, 3.5× the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 107,996 current LCU per square kilometre | 86,533 current LCU per square kilometre | 130,516 current LCU per square kilometre | 8 |
| 1970s | 382,120 current LCU per square kilometre | 179,799 current LCU per square kilometre | 617,478 current LCU per square kilometre | 10 |
| 1980s | 1.29 million current LCU per square kilometre | 721,347 current LCU per square kilometre | 1.84 million current LCU per square kilometre | 10 |
| 1990s | 1.97 million current LCU per square kilometre | 1.47 million current LCU per square kilometre | 2.75 million current LCU per square kilometre | 10 |
| 2000s | 3.55 million current LCU per square kilometre | 3.17 million current LCU per square kilometre | 4.18 million current LCU per square kilometre | 10 |
| 2010s | 6.53 million current LCU per square kilometre | 4.39 million current LCU per square kilometre | 8.70 million current LCU per square kilometre | 10 |
| 2020s | 9.76 million current LCU per square kilometre | 7.43 million current LCU per square kilometre | 11.46 million current LCU per square kilometre | 4 |
Countries ranked near Faroe Islands
- 70 United States Virgin Islands 13.00 million current LCU per square kilometre compare
- 71 Burkina Faso 12.90 million current LCU per square kilometre compare
- 72 Pakistan 11.39 million current LCU per square kilometre compare
- 74 Turkey 11.23 million current LCU per square kilometre compare
- 75 Cameroon 10.56 million current LCU per square kilometre compare
- 76 Ireland 10.40 million current LCU 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 (current lcu), per square kilometre in Faroe Islands?
- Exports of goods and services (current lcu), per square kilometre in Faroe Islands was 11.34 million current LCU per square kilometre in 2023, according to Statizoid (derived).
- What is the highest exports of goods and services (current lcu), per square kilometre recorded in Faroe Islands?
- The highest recorded value was 11.46 million current LCU per square kilometre in 2022.
- What is the lowest exports of goods and services (current lcu), per square kilometre recorded in Faroe Islands?
- The lowest recorded value was 86,533 current LCU per square kilometre in 1962.
- How does Faroe Islands rank for exports of goods and services (current lcu), per square kilometre?
- Faroe Islands ranks 73rd out of 190 countries with data for 2023.
- Is exports of goods and services (current lcu), per square kilometre rising or falling in Faroe Islands?
- Over the last ten years it is up 89.0%. 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 square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 62 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Exports of goods and services (current LCU) 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 (current LCU) ÷ Land area (sq. km)
Computed from
- Exports of goods and services Country official statistics, National Statistical Organizations and/or Central Banks
- 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 (current LCU) 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.