Imports by region of origin, per capita in Faroe Islands
Faroe Islands: Imports by region of origin, per capita was 120.31 current US$ per person in 2024. ◆ Volatile
Latest (2024)
120.31 current US$ per person
Change on year
down 21.5%
World rank
114th
of 204 countries
All-time high
1,395 current US$ per person
in 2005
All-time low
1.77 current US$ per person
in 1969
Years of data
61
1962–2024
Imports by region of origin, per capita in Faroe Islands, 1962–2024
Source: Statizoid (derived). Measured in current US$ per person.
Analysis
In 2024, imports by region of origin, per capita in Faroe Islands stood at 120.31 current US$ per person.
The figure is down 21.5% on the previous year and down 29.9% over ten years.
Over the whole period, imports by region of origin, per capita in Faroe Islands peaked at 1,395 current US$ per person in 2005 and was at its lowest, 1.77 current US$ per person, in 1969.
Faroe Islands ranks 114th of 204 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.
Imports by region of origin, per capita in Faroe Islands, year by year
| Year | current US$ per person | Change |
|---|---|---|
| 1962 | 2.86 current US$ per person | — |
| 1965 | 11.01 current US$ per person | +284.8% |
| 1966 | 5.43 current US$ per person | -50.6% |
| 1967 | 2.69 current US$ per person | -50.5% |
| 1968 | 17.57 current US$ per person | +553.7% |
| 1969 | 1.77 current US$ per person | -89.9% |
| 1970 | 3.16 current US$ per person | +78.9% |
| 1971 | 4.24 current US$ per person | +34.0% |
| 1972 | 5.23 current US$ per person | +23.5% |
| 1973 | 3.38 current US$ per person | -35.4% |
| 1974 | 2.09 current US$ per person | -38.0% |
| 1975 | 3.5 current US$ per person | +67.1% |
| 1976 | 13.6 current US$ per person | +288.6% |
| 1977 | 10.78 current US$ per person | -20.8% |
| 1978 | 23.14 current US$ per person | +114.6% |
| 1979 | 12.28 current US$ per person | -46.9% |
| 1980 | 13.26 current US$ per person | +8.0% |
| 1981 | 9.97 current US$ per person | -24.8% |
| 1982 | 8.44 current US$ per person | -15.3% |
| 1983 | 6.58 current US$ per person | -22.1% |
| 1984 | 5.78 current US$ per person | -12.2% |
| 1985 | 94.55 current US$ per person | +1535.4% |
| 1986 | 174.37 current US$ per person | +84.4% |
| 1987 | 186.81 current US$ per person | +7.1% |
| 1988 | 177.48 current US$ per person | -5.0% |
| 1989 | 217.64 current US$ per person | +22.6% |
| 1990 | 131.29 current US$ per person | -39.7% |
| 1991 | 268.05 current US$ per person | +104.2% |
| 1992 | 392.14 current US$ per person | +46.3% |
| 1993 | 218.32 current US$ per person | -44.3% |
| 1994 | 118.69 current US$ per person | -45.6% |
| 1995 | 7.57 current US$ per person | -93.6% |
| 1996 | 40.38 current US$ per person | +433.7% |
| 1997 | 18.29 current US$ per person | -54.7% |
| 1998 | 85.15 current US$ per person | +365.5% |
| 1999 | 6.65 current US$ per person | -92.2% |
| 2000 | 463.39 current US$ per person | +6865.6% |
| 2001 | 337.7 current US$ per person | -27.1% |
| 2002 | 150.68 current US$ per person | -55.4% |
| 2003 | 198.75 current US$ per person | +31.9% |
| 2004 | 193.56 current US$ per person | -2.6% |
| 2005 | 1,395 current US$ per person | +620.5% |
| 2006 | 585.77 current US$ per person | -58.0% |
| 2007 | 323.06 current US$ per person | -44.8% |
| 2008 | 349.27 current US$ per person | +8.1% |
| 2009 | 309.73 current US$ per person | -11.3% |
| 2010 | 139.92 current US$ per person | -54.8% |
| 2011 | 178.22 current US$ per person | +27.4% |
| 2012 | 141.25 current US$ per person | -20.7% |
| 2013 | 155.71 current US$ per person | +10.2% |
| 2014 | 171.52 current US$ per person | +10.2% |
| 2015 | 151.57 current US$ per person | -11.6% |
| 2016 | 161.63 current US$ per person | +6.6% |
| 2017 | 137.5 current US$ per person | -14.9% |
| 2018 | 146.38 current US$ per person | +6.5% |
| 2019 | 158.51 current US$ per person | +8.3% |
| 2020 | 150.2 current US$ per person | -5.2% |
| 2021 | 152.8 current US$ per person | +1.7% |
| 2022 | 130.35 current US$ per person | -14.7% |
| 2023 | 153.17 current US$ per person | +17.5% |
| 2024 | 120.31 current US$ per person | -21.5% |
Faroe Islands compared with similar countries
- Faroe Islands's 120.31 current US$ per person is below the median for high income countries, which is 946.13 current US$ per person, 13% of the median. (74 countries reporting)
- Faroe Islands's 120.31 current US$ per person is below the median for Europe & Central Asia, which is 293.85 current US$ per person, 41% of the median. (52 countries reporting)
Biggest year-on-year movements
Years where Imports by region of origin, per capita in Faroe Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | +6865.6% | 6.65 current US$ per person | 463.39 current US$ per person |
| 1985 | +1535.4% | 5.78 current US$ per person | 94.55 current US$ per person |
| 2005 | +620.5% | 193.56 current US$ per person | 1,395 current US$ per person |
| 1968 | +553.7% | 2.69 current US$ per person | 17.57 current US$ per person |
| 1996 | +433.7% | 7.57 current US$ per person | 40.38 current US$ per person |
| 1998 | +365.5% | 18.29 current US$ per person | 85.15 current US$ per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.89 current US$ per person | 1.77 current US$ per person | 17.57 current US$ per person | 6 |
| 1970s | 8.14 current US$ per person | 2.09 current US$ per person | 23.14 current US$ per person | 10 |
| 1980s | 89.49 current US$ per person | 5.78 current US$ per person | 217.64 current US$ per person | 10 |
| 1990s | 128.65 current US$ per person | 6.65 current US$ per person | 392.14 current US$ per person | 10 |
| 2000s | 430.66 current US$ per person | 150.68 current US$ per person | 1,395 current US$ per person | 10 |
| 2010s | 154.22 current US$ per person | 137.5 current US$ per person | 178.22 current US$ per person | 10 |
| 2020s | 141.37 current US$ per person | 120.31 current US$ per person | 153.17 current US$ per person | 5 |
Countries ranked near Faroe Islands
- 111 Bosnia and Herzegovina 122.88 current US$ per person compare
- 112 Bulgaria 122.59 current US$ per person compare
- 113 Mongolia 120.5 current US$ per person compare
- 115 Lebanon 119.69 current US$ per person compare
- 116 Tuvalu 117.42 current US$ per person compare
- 117 Cuba 117.31 current US$ per person 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 imports by region of origin, per capita in Faroe Islands?
- Imports by region of origin, per capita in Faroe Islands was 120.31 current US$ per person in 2024, according to Statizoid (derived).
- What is the highest imports by region of origin, per capita recorded in Faroe Islands?
- The highest recorded value was 1,395 current US$ per person in 2005.
- What is the lowest imports by region of origin, per capita recorded in Faroe Islands?
- The lowest recorded value was 1.77 current US$ per person in 1969.
- How does Faroe Islands rank for imports by region of origin, per capita?
- Faroe Islands ranks 114th out of 204 countries with data for 2024.
- Is imports by region of origin, per capita rising or falling in Faroe Islands?
- Over the last ten years it is down 29.9%. 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 Imports by region of origin, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 61 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Imports by region of origin divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Imports by region of origin ÷ Population, total
Computed from
- Imports by region of origin International Monetary Fund (2025) – with major processing by Our World in Data
- Population, total World Population Prospects, United Nations (UN)
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
Imports by region of origin divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.