Exports of goods, services and primary income (BoP, current US$), per in Faroe Islands
Faroe Islands: Exports of goods, services and primary income (BoP, current US$), per was 1.04 million BoP, current US$ per square kilometre in 2011. ▲ Rising
Exports of goods, services and primary income (BoP, current US$), per in Faroe Islands, 1998–2011
Source: Statizoid (derived). Measured in BoP, current US$ per square kilometre.
Analysis
Faroe Islands recorded 1.04 million BoP, current US$ per square kilometre for exports of goods, services and primary income (bop, current us$), per in 2011. That is the highest value across all 14 years on record.
The figure is up 17.5% on the previous year and up 118.7% over ten years.
Over the whole period, exports of goods, services and primary income (bop, current us$), per in Faroe Islands peaked at 1.04 million BoP, current US$ per square kilometre in 2011 and was at its lowest, 433,560 BoP, current US$ per square kilometre, in 1998.
Faroe Islands ranks 53rd of 197 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, services and primary income (BoP, current US$), per in Faroe Islands, year by year
| Year | BoP, current US$ per square kilometre | Change |
|---|---|---|
| 1998 | 433,560 BoP, current US$ per square kilometre | — |
| 1999 | 459,298 BoP, current US$ per square kilometre | +5.9% |
| 2000 | 452,901 BoP, current US$ per square kilometre | -1.4% |
| 2001 | 475,365 BoP, current US$ per square kilometre | +5.0% |
| 2002 | 501,862 BoP, current US$ per square kilometre | +5.6% |
| 2003 | 556,999 BoP, current US$ per square kilometre | +11.0% |
| 2004 | 579,824 BoP, current US$ per square kilometre | +4.1% |
| 2005 | 631,506 BoP, current US$ per square kilometre | +8.9% |
| 2006 | 719,914 BoP, current US$ per square kilometre | +14.0% |
| 2007 | 847,693 BoP, current US$ per square kilometre | +17.7% |
| 2008 | 957,249 BoP, current US$ per square kilometre | +12.9% |
| 2009 | 784,305 BoP, current US$ per square kilometre | -18.1% |
| 2010 | 885,064 BoP, current US$ per square kilometre | +12.8% |
| 2011 | 1.04 million BoP, current US$ per square kilometre | +17.5% |
Faroe Islands compared with similar countries
- Faroe Islands's 1.04 million BoP, current US$ per square kilometre is below the median for high income countries, which is 2.56 million BoP, current US$ per square kilometre, 41% of the median. (72 countries reporting)
- Faroe Islands's 1.04 million BoP, current US$ per square kilometre is above the median for Europe & Central Asia, which is 911,301 BoP, current US$ per square kilometre, 1.1× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 446,429 BoP, current US$ per square kilometre | 433,560 BoP, current US$ per square kilometre | 459,298 BoP, current US$ per square kilometre | 2 |
| 2000s | 650,762 BoP, current US$ per square kilometre | 452,901 BoP, current US$ per square kilometre | 957,249 BoP, current US$ per square kilometre | 10 |
| 2010s | 962,417 BoP, current US$ per square kilometre | 885,064 BoP, current US$ per square kilometre | 1.04 million BoP, current US$ per square kilometre | 2 |
Countries ranked near Faroe Islands
- 50 Vietnam 1.21 million BoP, current US$ per square kilometre compare
- 51 Marshall Islands 1.13 million BoP, current US$ per square kilometre compare
- 52 Palestine 1.12 million BoP, current US$ per square kilometre compare
- 54 Lithuania 1.02 million BoP, current US$ per square kilometre compare
- 55 Sweden 1.02 million BoP, current US$ per square kilometre compare
- 56 Greece 916,641 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, services and primary income (bop, current us$), per in Faroe Islands?
- Exports of goods, services and primary income (bop, current us$), per in Faroe Islands was 1.04 million BoP, current US$ per square kilometre in 2011, according to Statizoid (derived).
- What is the highest exports of goods, services and primary income (bop, current us$), per recorded in Faroe Islands?
- The highest recorded value was 1.04 million BoP, current US$ per square kilometre in 2011.
- What is the lowest exports of goods, services and primary income (bop, current us$), per recorded in Faroe Islands?
- The lowest recorded value was 433,560 BoP, current US$ per square kilometre in 1998.
- How does Faroe Islands rank for exports of goods, services and primary income (bop, current us$), per?
- Faroe Islands ranks 53rd out of 197 countries with data for 2011.
- Is exports of goods, services and primary income (bop, current us$), per rising or falling in Faroe Islands?
- Over the last ten years it is up 118.7%. 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, services and primary income (BoP, current US$), per square kilometre. Statizoid updates them automatically from the source API.
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How this figure is calculated
Exports of goods, services and primary income (BoP, current US$) 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, services and primary income (BoP, current US$) ÷ Land area (sq. km)
Computed from
- Exports of goods, services and primary income Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Exports of goods, services and primary income (BoP, current US$) 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.