Goods exports (BoP, current US$), per square kilometre in Faroe Islands
Faroe Islands: Goods exports (BoP, current US$), per square kilometre was 720,623 BoP, current US$ per square kilometre in 2011. ▲ Rising
Goods exports (BoP, current US$), per square kilometre in Faroe Islands, 1998–2011
Source: Statizoid (derived). Measured in BoP, current US$ per square kilometre.
Analysis
Faroe Islands recorded 720,623 BoP, current US$ per square kilometre for goods exports (bop, current us$), per square kilometre in 2011. That is the highest value across all 14 years on record.
That represents a change of up 20.5% on the previous year and up 94.9% over ten years.
Over the whole period, goods exports (bop, current us$), per square kilometre in Faroe Islands peaked at 720,623 BoP, current US$ per square kilometre in 2011 and was at its lowest, 316,741 BoP, current US$ per square kilometre, in 1998.
Faroe Islands ranks 42nd of 198 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 14 years of available data.
Goods exports (BoP, current US$), per square kilometre in Faroe Islands, year by year
| Year | BoP, current US$ per square kilometre | Change |
|---|---|---|
| 1998 | 316,741 BoP, current US$ per square kilometre | — |
| 1999 | 338,181 BoP, current US$ per square kilometre | +6.8% |
| 2000 | 341,533 BoP, current US$ per square kilometre | +1.0% |
| 2001 | 369,742 BoP, current US$ per square kilometre | +8.3% |
| 2002 | 384,921 BoP, current US$ per square kilometre | +4.1% |
| 2003 | 425,315 BoP, current US$ per square kilometre | +10.5% |
| 2004 | 443,202 BoP, current US$ per square kilometre | +4.2% |
| 2005 | 432,143 BoP, current US$ per square kilometre | -2.5% |
| 2006 | 466,007 BoP, current US$ per square kilometre | +7.8% |
| 2007 | 533,795 BoP, current US$ per square kilometre | +14.5% |
| 2008 | 610,603 BoP, current US$ per square kilometre | +14.4% |
| 2009 | 548,486 BoP, current US$ per square kilometre | -10.2% |
| 2010 | 598,219 BoP, current US$ per square kilometre | +9.1% |
| 2011 | 720,623 BoP, current US$ per square kilometre | +20.5% |
Faroe Islands compared with similar countries
- Faroe Islands's 720,623 BoP, current US$ per square kilometre is below the median for high income countries, which is 856,806 BoP, current US$ per square kilometre, 84% of the median. (72 countries reporting)
- Faroe Islands's 720,623 BoP, current US$ per square kilometre is above the median for Europe & Central Asia, which is 473,664 BoP, current US$ per square kilometre, 1.5× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 327,461 BoP, current US$ per square kilometre | 316,741 BoP, current US$ per square kilometre | 338,181 BoP, current US$ per square kilometre | 2 |
| 2000s | 455,575 BoP, current US$ per square kilometre | 341,533 BoP, current US$ per square kilometre | 610,603 BoP, current US$ per square kilometre | 10 |
| 2010s | 659,421 BoP, current US$ per square kilometre | 598,219 BoP, current US$ per square kilometre | 720,623 BoP, current US$ per square kilometre | 2 |
Countries ranked near Faroe Islands
- 39 Portugal 877,582 BoP, current US$ per square kilometre compare
- 40 Spain 836,031 BoP, current US$ per square kilometre compare
- 41 Cayman Islands 800,350 BoP, current US$ per square kilometre
- 43 Malaysia 704,395 BoP, current US$ per square kilometre compare
- 44 Lithuania 632,264 BoP, current US$ per square kilometre compare
- 45 Thailand 549,523 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 goods exports (bop, current us$), per square kilometre in Faroe Islands?
- Goods exports (bop, current us$), per square kilometre in Faroe Islands was 720,623 BoP, current US$ per square kilometre in 2011, according to Statizoid (derived).
- What is the highest goods exports (bop, current us$), per square kilometre recorded in Faroe Islands?
- The highest recorded value was 720,623 BoP, current US$ per square kilometre in 2011.
- What is the lowest goods exports (bop, current us$), per square kilometre recorded in Faroe Islands?
- The lowest recorded value was 316,741 BoP, current US$ per square kilometre in 1998.
- How does Faroe Islands rank for goods exports (bop, current us$), per square kilometre?
- Faroe Islands ranks 42nd out of 198 countries with data for 2011.
- Is goods exports (bop, current us$), per square kilometre rising or falling in Faroe Islands?
- Over the last ten years it is up 94.9%. 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 Goods exports (BoP, current US$), per square kilometre. Statizoid updates them automatically from the source API.
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How this figure is calculated
Goods exports (BoP, current US$) 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.
Goods exports (BoP, current US$) ÷ Land area (sq. km)
Computed from
- Goods exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Goods exports (BoP, current US$) 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.