Imports of goods, services and primary income (BoP, current US$), per in Faroe Islands
Faroe Islands: Imports of goods, services and primary income (BoP, current US$), per was 1.05 million BoP, current US$ per square kilometre in 2011. ▲ Rising
Imports 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
The most recent figure for imports of goods, services and primary income (bop, current us$), per in Faroe Islands is 1.05 million BoP, current US$ per square kilometre, measured in 2011.
The figure is up 18.0% on the previous year and up 121.2% over ten years.
Over the whole period, imports of goods, services and primary income (bop, current us$), per in Faroe Islands peaked at 1.09 million BoP, current US$ per square kilometre in 2008 and was at its lowest, 392,006 BoP, current US$ per square kilometre, in 1998.
Faroe Islands ranks 55th 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.
Imports 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 | 392,006 BoP, current US$ per square kilometre | — |
| 1999 | 450,007 BoP, current US$ per square kilometre | +14.8% |
| 2000 | 486,383 BoP, current US$ per square kilometre | +8.1% |
| 2001 | 472,822 BoP, current US$ per square kilometre | -2.8% |
| 2002 | 484,921 BoP, current US$ per square kilometre | +2.6% |
| 2003 | 649,513 BoP, current US$ per square kilometre | +33.9% |
| 2004 | 578,961 BoP, current US$ per square kilometre | -10.9% |
| 2005 | 703,820 BoP, current US$ per square kilometre | +21.6% |
| 2006 | 805,989 BoP, current US$ per square kilometre | +14.5% |
| 2007 | 1.05 million BoP, current US$ per square kilometre | +30.3% |
| 2008 | 1.09 million BoP, current US$ per square kilometre | +3.5% |
| 2009 | 904,241 BoP, current US$ per square kilometre | -16.8% |
| 2010 | 886,340 BoP, current US$ per square kilometre | -2.0% |
| 2011 | 1.05 million BoP, current US$ per square kilometre | +18.0% |
Faroe Islands compared with similar countries
- Faroe Islands's 1.05 million BoP, current US$ per square kilometre is below the median for high income countries, which is 2.66 million BoP, current US$ per square kilometre, 39% of the median. (72 countries reporting)
- Faroe Islands's 1.05 million BoP, current US$ per square kilometre is above the median for Europe & Central Asia, which is 925,254 BoP, current US$ per square kilometre, 1.1× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 421,006 BoP, current US$ per square kilometre | 392,006 BoP, current US$ per square kilometre | 450,007 BoP, current US$ per square kilometre | 2 |
| 2000s | 722,269 BoP, current US$ per square kilometre | 472,822 BoP, current US$ per square kilometre | 1.09 million BoP, current US$ per square kilometre | 10 |
| 2010s | 966,155 BoP, current US$ per square kilometre | 886,340 BoP, current US$ per square kilometre | 1.05 million BoP, current US$ per square kilometre | 2 |
Countries ranked near Faroe Islands
- 52 Spain 1.35 million BoP, current US$ per square kilometre compare
- 53 Vietnam 1.17 million BoP, current US$ per square kilometre compare
- 54 Greece 1.06 million BoP, current US$ per square kilometre compare
- 56 Lithuania 1.01 million BoP, current US$ per square kilometre compare
- 57 Jamaica 988,975 BoP, current US$ per square kilometre compare
- 58 El Salvador 959,821 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 imports of goods, services and primary income (bop, current us$), per in Faroe Islands?
- Imports of goods, services and primary income (bop, current us$), per in Faroe Islands was 1.05 million BoP, current US$ per square kilometre in 2011, according to Statizoid (derived).
- What is the highest imports of goods, services and primary income (bop, current us$), per recorded in Faroe Islands?
- The highest recorded value was 1.09 million BoP, current US$ per square kilometre in 2008.
- What is the lowest imports of goods, services and primary income (bop, current us$), per recorded in Faroe Islands?
- The lowest recorded value was 392,006 BoP, current US$ per square kilometre in 1998.
- How does Faroe Islands rank for imports of goods, services and primary income (bop, current us$), per?
- Faroe Islands ranks 55th out of 198 countries with data for 2011.
- Is imports of goods, services and primary income (bop, current us$), per rising or falling in Faroe Islands?
- Over the last ten years it is up 121.2%. 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 Imports of goods, services and primary income (BoP, current US$), per square kilometre. Statizoid updates them automatically from the source API.
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How this figure is calculated
Imports of goods, services and primary income (BoP, current US$) 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.
Imports of goods, services and primary income (BoP, current US$) ÷ Land area (sq. km)
Computed from
- Imports of goods, services and primary income Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Imports of goods, services and primary income (BoP, current US$) 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.