Imports of goods and services (current US$), per square kilometre in Faroe Islands
Faroe Islands: Imports of goods and services (current US$), per square kilometre was 1.62 million current US$ per square kilometre in 2023. ◆ Volatile
Latest (2023)
1.62 million current US$ per square kilometre
Change on year
down 0.4%
World rank
44th
of 190 countries
All-time high
1.62 million current US$ per square kilometre
in 2022
All-time low
18,906 current US$ per square kilometre
in 1965
Years of data
59
1965–2023
Imports 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
The most recent figure for imports of goods and services (current us$), per square kilometre in Faroe Islands is 1.62 million current US$ per square kilometre, measured in 2023.
The figure is down 0.4% on the previous year and up 43.0% over ten years.
Over the whole period, imports of goods and services (current us$), per square kilometre in Faroe Islands peaked at 1.62 million current US$ per square kilometre in 2022 and was at its lowest, 18,906 current US$ per square kilometre, in 1965.
That places Faroe Islands 44th out of 190 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods and services (current US$), per square kilometre in Faroe Islands, year by year
| Year | current US$ per square kilometre | Change |
|---|---|---|
| 1965 | 18,906 current US$ per square kilometre | — |
| 1966 | 20,244 current US$ per square kilometre | +7.1% |
| 1967 | 19,184 current US$ per square kilometre | -5.2% |
| 1968 | 20,191 current US$ per square kilometre | +5.3% |
| 1969 | 22,397 current US$ per square kilometre | +10.9% |
| 1970 | 21,815 current US$ per square kilometre | -2.6% |
| 1971 | 29,080 current US$ per square kilometre | +33.3% |
| 1972 | 33,573 current US$ per square kilometre | +15.4% |
| 1973 | 48,821 current US$ per square kilometre | +45.4% |
| 1974 | 74,843 current US$ per square kilometre | +53.3% |
| 1975 | 81,180 current US$ per square kilometre | +8.5% |
| 1976 | 93,555 current US$ per square kilometre | +15.2% |
| 1977 | 108,670 current US$ per square kilometre | +16.2% |
| 1978 | 128,078 current US$ per square kilometre | +17.9% |
| 1979 | 147,448 current US$ per square kilometre | +15.1% |
| 1980 | 159,105 current US$ per square kilometre | +7.9% |
| 1981 | 153,486 current US$ per square kilometre | -3.5% |
| 1982 | 144,979 current US$ per square kilometre | -5.5% |
| 1983 | 172,264 current US$ per square kilometre | +18.8% |
| 1984 | 188,099 current US$ per square kilometre | +9.2% |
| 1985 | 177,792 current US$ per square kilometre | -5.5% |
| 1986 | 254,271 current US$ per square kilometre | +43.0% |
| 1987 | 338,567 current US$ per square kilometre | +33.2% |
| 1988 | 342,761 current US$ per square kilometre | +1.2% |
| 1989 | 247,918 current US$ per square kilometre | -27.7% |
| 1990 | 241,225 current US$ per square kilometre | -2.7% |
| 1991 | 216,811 current US$ per square kilometre | -10.1% |
| 1992 | 238,416 current US$ per square kilometre | +10.0% |
| 1993 | 157,542 current US$ per square kilometre | -33.9% |
| 1994 | 174,900 current US$ per square kilometre | +11.0% |
| 1995 | 225,805 current US$ per square kilometre | +29.1% |
| 1996 | 346,759 current US$ per square kilometre | +53.6% |
| 1997 | 327,013 current US$ per square kilometre | -5.7% |
| 1998 | 355,792 current US$ per square kilometre | +8.8% |
| 1999 | 417,873 current US$ per square kilometre | +17.4% |
| 2000 | 452,602 current US$ per square kilometre | +8.3% |
| 2001 | 443,339 current US$ per square kilometre | -2.0% |
| 2002 | 452,671 current US$ per square kilometre | +2.1% |
| 2003 | 661,520 current US$ per square kilometre | +46.1% |
| 2004 | 614,216 current US$ per square kilometre | -7.2% |
| 2005 | 742,679 current US$ per square kilometre | +20.9% |
| 2006 | 803,532 current US$ per square kilometre | +8.2% |
| 2007 | 961,354 current US$ per square kilometre | +19.6% |
| 2008 | 1.03 million current US$ per square kilometre | +6.7% |
| 2009 | 875,043 current US$ per square kilometre | -14.7% |
| 2010 | 842,851 current US$ per square kilometre | -3.7% |
| 2011 | 958,718 current US$ per square kilometre | +13.7% |
| 2012 | 1.12 million current US$ per square kilometre | +17.2% |
| 2013 | 1.13 million current US$ per square kilometre | +0.6% |
| 2014 | 1.10 million current US$ per square kilometre | -2.6% |
| 2015 | 966,032 current US$ per square kilometre | -12.2% |
| 2016 | 1.01 million current US$ per square kilometre | +4.3% |
| 2017 | 1.09 million current US$ per square kilometre | +7.7% |
| 2018 | 1.23 million current US$ per square kilometre | +13.7% |
| 2019 | 1.24 million current US$ per square kilometre | +0.2% |
| 2020 | 1.17 million current US$ per square kilometre | -5.5% |
| 2021 | 1.39 million current US$ per square kilometre | +19.0% |
| 2022 | 1.62 million current US$ per square kilometre | +16.7% |
| 2023 | 1.62 million current US$ per square kilometre | -0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 20,184 current US$ per square kilometre | 18,906 current US$ per square kilometre | 22,397 current US$ per square kilometre | 5 |
| 1970s | 76,706 current US$ per square kilometre | 21,815 current US$ per square kilometre | 147,448 current US$ per square kilometre | 10 |
| 1980s | 217,924 current US$ per square kilometre | 144,979 current US$ per square kilometre | 342,761 current US$ per square kilometre | 10 |
| 1990s | 270,214 current US$ per square kilometre | 157,542 current US$ per square kilometre | 417,873 current US$ per square kilometre | 10 |
| 2000s | 703,290 current US$ per square kilometre | 443,339 current US$ per square kilometre | 1.03 million current US$ per square kilometre | 10 |
| 2010s | 1.07 million current US$ per square kilometre | 842,851 current US$ per square kilometre | 1.24 million current US$ per square kilometre | 10 |
| 2020s | 1.45 million current US$ per square kilometre | 1.17 million current US$ per square kilometre | 1.62 million current US$ per square kilometre | 4 |
Countries ranked near Faroe Islands
- 41 Hungary 1.80 million current US$ per square kilometre compare
- 42 Brunei Darussalam 1.72 million current US$ per square kilometre compare
- 43 Northern Mariana Islands 1.69 million current US$ per square kilometre compare
- 45 Portugal 1.47 million current US$ per square kilometre compare
- 46 Lebanon 1.45 million current US$ per square kilometre compare
- 47 Poland 1.38 million current US$ per square kilometre compare
More economy & growth data for Faroe Islands
- Gross capital formation (current US$), per unit of GDP 0.2817 current US$ per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 144,061 current LCU per person (2024)
- Gross capital formation (current LCU), per unit of GDP 1.94 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), annual growth rate -7.66 % change on previous year (2024)
- Gross capital formation (current US$), per capita 20,895 current US$ per person (2024)
- Exports of goods and services (current LCU), per capita 279,001 current LCU per person (2024)
- Exports of goods and services (current LCU), annual growth rate -1.89 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 3.76 current LCU per US$ of GDP (2024)
- Imports of goods and services (current US$), annual growth rate -6.27 % change on previous year (2024)
- Gross capital formation (current US$), annual growth rate -7.73 % change on previous year (2024)
Frequently asked questions
- What is imports of goods and services (current us$), per square kilometre in Faroe Islands?
- Imports of goods and services (current us$), per square kilometre in Faroe Islands was 1.62 million current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest imports of goods and services (current us$), per square kilometre recorded in Faroe Islands?
- The highest recorded value was 1.62 million current US$ per square kilometre in 2022.
- What is the lowest imports of goods and services (current us$), per square kilometre recorded in Faroe Islands?
- The lowest recorded value was 18,906 current US$ per square kilometre in 1965.
- How does Faroe Islands rank for imports of goods and services (current us$), per square kilometre?
- Faroe Islands ranks 44th out of 190 countries with data for 2023.
- Is imports of goods and services (current us$), per square kilometre rising or falling in Faroe Islands?
- Over the last ten years it is up 43.0%. 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 of goods and services (current US$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 59 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Imports of goods and services (current US$) 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.
Imports of goods and services (current US$) ÷ Land area (sq. km)
Computed from
- Imports of goods and services Country official statistics, National Statistical Offices (NSOs)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Imports of goods and services (current US$) 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.