{"entity":{"iso2":"FO","iso3":"FRO","name":"Faroe Islands","slug":"faroe-islands"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"merchandise-imports-as-a-share-of-countrys-gdp","source":"International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) \u2013 with major processing by Our World in Data","source_url":"https://ourworldindata.org/grapher/merchandise-imports-as-a-share-of-countrys-gdp","title":"Value of imported goods as a share of GDP","unit":"%"},"observations":[{"date":"1965-01-01","value":44.0},{"date":"1966-01-01","value":41.6168},{"date":"1967-01-01","value":39.4109},{"date":"1968-01-01","value":43.1668},{"date":"1969-01-01","value":43.9602},{"date":"1970-01-01","value":35.1758},{"date":"1971-01-01","value":40.2826},{"date":"1972-01-01","value":38.302},{"date":"1973-01-01","value":41.7443},{"date":"1974-01-01","value":49.7751},{"date":"1975-01-01","value":48.9401},{"date":"1976-01-01","value":47.9587},{"date":"1977-01-01","value":43.0456},{"date":"1978-01-01","value":45.3173},{"date":"1979-01-01","value":44.4599},{"date":"1980-01-01","value":44.437},{"date":"1981-01-01","value":46.0531},{"date":"1982-01-01","value":43.3746},{"date":"1983-01-01","value":41.9913},{"date":"1984-01-01","value":52.8196},{"date":"1985-01-01","value":50.2158},{"date":"1986-01-01","value":42.9486},{"date":"1987-01-01","value":53.2047},{"date":"1988-01-01","value":46.0869},{"date":"1989-01-01","value":36.5489},{"date":"1990-01-01","value":34.3701},{"date":"1991-01-01","value":31.6064},{"date":"1992-01-01","value":35.8071},{"date":"1993-01-01","value":32.4366},{"date":"1994-01-01","value":30.7145},{"date":"1995-01-01","value":27.602},{"date":"1996-01-01","value":30.5064},{"date":"1997-01-01","value":36.4529},{"date":"1998-01-01","value":32.4996},{"date":"1999-01-01","value":36.6741},{"date":"2000-01-01","value":49.3974},{"date":"2001-01-01","value":42.9349},{"date":"2002-01-01","value":38.2935},{"date":"2003-01-01","value":49.0576},{"date":"2004-01-01","value":36.2783},{"date":"2005-01-01","value":43.489},{"date":"2006-01-01","value":38.6514},{"date":"2007-01-01","value":43.2738},{"date":"2008-01-01","value":39.4794},{"date":"2009-01-01","value":33.9967},{"date":"2010-01-01","value":43.2091},{"date":"2011-01-01","value":44.7467},{"date":"2012-01-01","value":53.6031},{"date":"2013-01-01","value":45.9503},{"date":"2014-01-01","value":43.7715},{"date":"2015-01-01","value":47.3271},{"date":"2016-01-01","value":41.1592},{"date":"2017-01-01","value":39.8272},{"date":"2018-01-01","value":40.5579},{"date":"2019-01-01","value":42.2926},{"date":"2020-01-01","value":42.5913},{"date":"2021-01-01","value":41.0534},{"date":"2022-01-01","value":54.0869},{"date":"2023-01-01","value":48.9803},{"date":"2024-01-01","value":50.7799}],"summary":{"latest_period":"2024-01-01","latest_value":50.7799,"max":54.0869,"mean":42.1382,"min":27.602,"of":201,"rank":42,"trend":"flat"}}