Goods imports (BoP, current US$), per square kilometre in Faroe Islands
Faroe Islands: Goods imports (BoP, current US$), per square kilometre was 679,817 BoP, current US$ per square kilometre in 2011. ▲ Rising
Goods imports (BoP, current US$), per square kilometre in Faroe Islands, 1998–2011
Source: Statizoid (derived). Measured in BoP, current US$ per square kilometre.
Analysis
The most recent figure for goods imports (bop, current us$), per square kilometre in Faroe Islands is 679,817 BoP, current US$ per square kilometre, measured in 2011.
Compared with earlier readings it is up 27.4% on the previous year and up 98.2% over ten years.
Over the whole period, goods imports (bop, current us$), per square kilometre in Faroe Islands peaked at 695,365 BoP, current US$ per square kilometre in 2007 and was at its lowest, 267,142 BoP, current US$ per square kilometre, in 1998.
Faroe Islands ranks 58th of 198 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.
Goods imports (BoP, current US$), per square kilometre in Faroe Islands, year by year
| Year | BoP, current US$ per square kilometre | Change |
|---|---|---|
| 1998 | 267,142 BoP, current US$ per square kilometre | — |
| 1999 | 325,766 BoP, current US$ per square kilometre | +21.9% |
| 2000 | 368,617 BoP, current US$ per square kilometre | +13.2% |
| 2001 | 343,009 BoP, current US$ per square kilometre | -6.9% |
| 2002 | 337,808 BoP, current US$ per square kilometre | -1.5% |
| 2003 | 489,642 BoP, current US$ per square kilometre | +44.9% |
| 2004 | 435,911 BoP, current US$ per square kilometre | -11.0% |
| 2005 | 486,321 BoP, current US$ per square kilometre | +11.6% |
| 2006 | 538,278 BoP, current US$ per square kilometre | +10.7% |
| 2007 | 695,365 BoP, current US$ per square kilometre | +29.2% |
| 2008 | 674,792 BoP, current US$ per square kilometre | -3.0% |
| 2009 | 539,130 BoP, current US$ per square kilometre | -20.1% |
| 2010 | 533,448 BoP, current US$ per square kilometre | -1.1% |
| 2011 | 679,817 BoP, current US$ per square kilometre | +27.4% |
Faroe Islands compared with similar countries
- Faroe Islands's 679,817 BoP, current US$ per square kilometre is below the median for high income countries, which is 1.46 million BoP, current US$ per square kilometre, 47% of the median. (72 countries reporting)
- Faroe Islands's 679,817 BoP, current US$ per square kilometre is above the median for Europe & Central Asia, which is 611,325 BoP, current US$ per square kilometre, 1.1× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 296,454 BoP, current US$ per square kilometre | 267,142 BoP, current US$ per square kilometre | 325,766 BoP, current US$ per square kilometre | 2 |
| 2000s | 490,887 BoP, current US$ per square kilometre | 337,808 BoP, current US$ per square kilometre | 695,365 BoP, current US$ per square kilometre | 10 |
| 2010s | 606,632 BoP, current US$ per square kilometre | 533,448 BoP, current US$ per square kilometre | 679,817 BoP, current US$ per square kilometre | 2 |
Countries ranked near Faroe Islands
- 55 Croatia 709,673 BoP, current US$ per square kilometre compare
- 56 Greece 697,164 BoP, current US$ per square kilometre compare
- 57 El Salvador 693,764 BoP, current US$ per square kilometre compare
- 59 Malaysia 613,206 BoP, current US$ per square kilometre compare
- 60 Dominican Republic 597,807 BoP, current US$ per square kilometre compare
- 61 Jamaica 591,085 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 imports (bop, current us$), per square kilometre in Faroe Islands?
- Goods imports (bop, current us$), per square kilometre in Faroe Islands was 679,817 BoP, current US$ per square kilometre in 2011, according to Statizoid (derived).
- What is the highest goods imports (bop, current us$), per square kilometre recorded in Faroe Islands?
- The highest recorded value was 695,365 BoP, current US$ per square kilometre in 2007.
- What is the lowest goods imports (bop, current us$), per square kilometre recorded in Faroe Islands?
- The lowest recorded value was 267,142 BoP, current US$ per square kilometre in 1998.
- How does Faroe Islands rank for goods imports (bop, current us$), per square kilometre?
- Faroe Islands ranks 58th out of 198 countries with data for 2011.
- Is goods imports (bop, current us$), per square kilometre rising or falling in Faroe Islands?
- Over the last ten years it is up 98.2%. 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 imports (BoP, current US$), per square kilometre. Statizoid updates them automatically from the source API.
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How this figure is calculated
Goods imports (BoP, current US$) 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 imports (BoP, current US$) ÷ Land area (sq. km)
Computed from
- Goods imports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Goods imports (BoP, current US$) 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.