Exports of goods and services (current US$), per square kilometre in Faroe Islands
Faroe Islands: Exports of goods and services (current US$), per square kilometre was 1.65 million current US$ per square kilometre in 2023. ◆ Volatile
Latest (2023)
1.65 million current US$ per square kilometre
Change on year
up 1.6%
World rank
41st
of 190 countries
All-time high
1.65 million current US$ per square kilometre
in 2023
All-time low
14,718 current US$ per square kilometre
in 1968
Years of data
59
1965–2023
Exports of goods and services (current US$), per square kilometre in Faroe Islands, 1965–2023
Source: Statizoid (derived). Measured in current US$ per square kilometre.
Analysis
In 2023, exports of goods and services (current us$), per square kilometre in Faroe Islands stood at 1.65 million current US$ per square kilometre. That is the highest value across all 59 years on record.
That represents a change of up 1.6% on the previous year and up 54.1% over ten years.
Over the whole period, exports of goods and services (current us$), per square kilometre in Faroe Islands peaked at 1.65 million current US$ per square kilometre in 2023 and was at its lowest, 14,718 current US$ per square kilometre, in 1968.
Faroe Islands ranks 41st of 190 countries on this measure, 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 US$), per square kilometre in Faroe Islands, year by year
| Year | current US$ per square kilometre | Change |
|---|---|---|
| 1965 | 17,402 current US$ per square kilometre | — |
| 1966 | 14,924 current US$ per square kilometre | -14.2% |
| 1967 | 18,278 current US$ per square kilometre | +22.5% |
| 1968 | 14,718 current US$ per square kilometre | -19.5% |
| 1969 | 17,402 current US$ per square kilometre | +18.2% |
| 1970 | 23,973 current US$ per square kilometre | +37.8% |
| 1971 | 26,917 current US$ per square kilometre | +12.3% |
| 1972 | 33,202 current US$ per square kilometre | +23.3% |
| 1973 | 55,819 current US$ per square kilometre | +68.1% |
| 1974 | 57,108 current US$ per square kilometre | +2.3% |
| 1975 | 57,844 current US$ per square kilometre | +1.3% |
| 1976 | 74,821 current US$ per square kilometre | +29.4% |
| 1977 | 102,858 current US$ per square kilometre | +37.5% |
| 1978 | 100,644 current US$ per square kilometre | -2.2% |
| 1979 | 107,989 current US$ per square kilometre | +7.3% |
| 1980 | 127,991 current US$ per square kilometre | +18.5% |
| 1981 | 119,275 current US$ per square kilometre | -6.8% |
| 1982 | 107,135 current US$ per square kilometre | -10.2% |
| 1983 | 122,501 current US$ per square kilometre | +14.3% |
| 1984 | 116,201 current US$ per square kilometre | -5.1% |
| 1985 | 131,215 current US$ per square kilometre | +12.9% |
| 1986 | 179,991 current US$ per square kilometre | +37.2% |
| 1987 | 252,904 current US$ per square kilometre | +40.5% |
| 1988 | 252,948 current US$ per square kilometre | +0.0% |
| 1989 | 251,053 current US$ per square kilometre | -0.7% |
| 1990 | 301,648 current US$ per square kilometre | +20.2% |
| 1991 | 315,025 current US$ per square kilometre | +4.4% |
| 1992 | 316,385 current US$ per square kilometre | +0.4% |
| 1993 | 238,743 current US$ per square kilometre | -24.5% |
| 1994 | 236,842 current US$ per square kilometre | -0.8% |
| 1995 | 263,013 current US$ per square kilometre | +11.0% |
| 1996 | 353,307 current US$ per square kilometre | +34.3% |
| 1997 | 326,037 current US$ per square kilometre | -7.7% |
| 1998 | 369,176 current US$ per square kilometre | +13.2% |
| 1999 | 393,898 current US$ per square kilometre | +6.7% |
| 2000 | 392,412 current US$ per square kilometre | -0.4% |
| 2001 | 428,561 current US$ per square kilometre | +9.2% |
| 2002 | 448,143 current US$ per square kilometre | +4.6% |
| 2003 | 503,219 current US$ per square kilometre | +12.3% |
| 2004 | 539,941 current US$ per square kilometre | +7.3% |
| 2005 | 530,013 current US$ per square kilometre | -1.8% |
| 2006 | 604,141 current US$ per square kilometre | +14.0% |
| 2007 | 705,884 current US$ per square kilometre | +16.8% |
| 2008 | 819,993 current US$ per square kilometre | +16.2% |
| 2009 | 718,073 current US$ per square kilometre | -12.4% |
| 2010 | 780,430 current US$ per square kilometre | +8.7% |
| 2011 | 941,168 current US$ per square kilometre | +20.6% |
| 2012 | 913,832 current US$ per square kilometre | -2.9% |
| 2013 | 1.07 million current US$ per square kilometre | +16.9% |
| 2014 | 1.11 million current US$ per square kilometre | +4.4% |
| 2015 | 981,189 current US$ per square kilometre | -12.0% |
| 2016 | 1.10 million current US$ per square kilometre | +12.0% |
| 2017 | 1.20 million current US$ per square kilometre | +9.5% |
| 2018 | 1.21 million current US$ per square kilometre | +0.3% |
| 2019 | 1.30 million current US$ per square kilometre | +8.2% |
| 2020 | 1.14 million current US$ per square kilometre | -12.9% |
| 2021 | 1.40 million current US$ per square kilometre | +23.6% |
| 2022 | 1.62 million current US$ per square kilometre | +15.4% |
| 2023 | 1.65 million current US$ per square kilometre | +1.6% |
Faroe Islands compared with similar countries
- Faroe Islands's 1.65 million current US$ per square kilometre is below the median for high income countries, which is 2.00 million current US$ per square kilometre, 82% of the median. (72 countries reporting)
- Faroe Islands's 1.65 million current US$ per square kilometre is above the median for Europe & Central Asia, which is 754,819 current US$ per square kilometre, 2.2× the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 16,545 current US$ per square kilometre | 14,718 current US$ per square kilometre | 18,278 current US$ per square kilometre | 5 |
| 1970s | 64,117 current US$ per square kilometre | 23,973 current US$ per square kilometre | 107,989 current US$ per square kilometre | 10 |
| 1980s | 166,121 current US$ per square kilometre | 107,135 current US$ per square kilometre | 252,948 current US$ per square kilometre | 10 |
| 1990s | 311,407 current US$ per square kilometre | 236,842 current US$ per square kilometre | 393,898 current US$ per square kilometre | 10 |
| 2000s | 569,038 current US$ per square kilometre | 392,412 current US$ per square kilometre | 819,993 current US$ per square kilometre | 10 |
| 2010s | 1.06 million current US$ per square kilometre | 780,430 current US$ per square kilometre | 1.30 million current US$ per square kilometre | 10 |
| 2020s | 1.45 million current US$ per square kilometre | 1.14 million current US$ per square kilometre | 1.65 million current US$ per square kilometre | 4 |
Countries ranked near Faroe Islands
- 38 American Samoa 2.04 million current US$ per square kilometre compare
- 39 France 1.95 million current US$ per square kilometre compare
- 40 Hungary 1.90 million current US$ per square kilometre compare
- 42 Poland 1.54 million current US$ per square kilometre compare
- 43 Portugal 1.50 million current US$ per square kilometre compare
- 44 Spain 1.23 million 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 (current us$), per square kilometre in Faroe Islands?
- Exports of goods and services (current us$), per square kilometre in Faroe Islands was 1.65 million current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest exports of goods and services (current us$), per square kilometre recorded in Faroe Islands?
- The highest recorded value was 1.65 million current US$ per square kilometre in 2023.
- What is the lowest exports of goods and services (current us$), per square kilometre recorded in Faroe Islands?
- The lowest recorded value was 14,718 current US$ per square kilometre in 1968.
- How does Faroe Islands rank for exports of goods and services (current us$), per square kilometre?
- Faroe Islands ranks 41st out of 190 countries with data for 2023.
- Is exports of goods and services (current us$), per square kilometre rising or falling in Faroe Islands?
- Over the last ten years it is up 54.1%. 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 US$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 59 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Exports of goods and services (current US$) 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 (current US$) ÷ Land area (sq. km)
Computed from
- Exports of goods and services Country official statistics, National Statistical Offices (NSOs)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Exports of goods and services (current US$) 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.