Primary income receipts (BoP, current US$), per square kilometre in Faroe Islands
Faroe Islands: Primary income receipts (BoP, current US$), per square kilometre was 171,001 BoP, current US$ per square kilometre in 2011. ▲ Rising
Primary income receipts (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 primary income receipts (bop, current us$), per square kilometre in Faroe Islands is 171,001 BoP, current US$ per square kilometre, measured in 2011. That is the highest value across all 14 years on record.
The figure is up 13.8% on the previous year and up 163.5% over ten years.
Over the whole period, primary income receipts (bop, current us$), per square kilometre in Faroe Islands peaked at 171,001 BoP, current US$ per square kilometre in 2011 and was at its lowest, 64,907 BoP, current US$ per square kilometre, in 2001.
That places Faroe Islands 46th out of 197 countries with data for 2011, putting it in the top quarter.
The long-run direction has been consistently rising across the 14 years of available data.
Primary income receipts (BoP, current US$), per square kilometre in Faroe Islands, year by year
| Year | BoP, current US$ per square kilometre | Change |
|---|---|---|
| 1998 | 80,272 BoP, current US$ per square kilometre | — |
| 1999 | 81,325 BoP, current US$ per square kilometre | +1.3% |
| 2000 | 72,708 BoP, current US$ per square kilometre | -10.6% |
| 2001 | 64,907 BoP, current US$ per square kilometre | -10.7% |
| 2002 | 65,881 BoP, current US$ per square kilometre | +1.5% |
| 2003 | 76,146 BoP, current US$ per square kilometre | +15.6% |
| 2004 | 74,802 BoP, current US$ per square kilometre | -1.8% |
| 2005 | 104,441 BoP, current US$ per square kilometre | +39.6% |
| 2006 | 128,893 BoP, current US$ per square kilometre | +23.4% |
| 2007 | 160,289 BoP, current US$ per square kilometre | +24.4% |
| 2008 | 166,213 BoP, current US$ per square kilometre | +3.7% |
| 2009 | 114,064 BoP, current US$ per square kilometre | -31.4% |
| 2010 | 150,254 BoP, current US$ per square kilometre | +31.7% |
| 2011 | 171,001 BoP, current US$ per square kilometre | +13.8% |
Faroe Islands compared with similar countries
- Faroe Islands's 171,001 BoP, current US$ per square kilometre is below the median for high income countries, which is 189,440 BoP, current US$ per square kilometre, 90% of the median. (72 countries reporting)
- Faroe Islands's 171,001 BoP, current US$ per square kilometre is above the median for Europe & Central Asia, which is 92,588 BoP, current US$ per square kilometre, 1.8× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 80,799 BoP, current US$ per square kilometre | 80,272 BoP, current US$ per square kilometre | 81,325 BoP, current US$ per square kilometre | 2 |
| 2000s | 102,834 BoP, current US$ per square kilometre | 64,907 BoP, current US$ per square kilometre | 166,213 BoP, current US$ per square kilometre | 10 |
| 2010s | 160,628 BoP, current US$ per square kilometre | 150,254 BoP, current US$ per square kilometre | 171,001 BoP, current US$ per square kilometre | 2 |
Countries ranked near Faroe Islands
- 43 Maldives 184,768 BoP, current US$ per square kilometre compare
- 44 French Polynesia 182,216 BoP, current US$ per square kilometre compare
- 45 Brunei 181,725 BoP, current US$ per square kilometre compare
- 47 Barbados 170,066 BoP, current US$ per square kilometre compare
- 48 Slovenia 163,127 BoP, current US$ per square kilometre compare
- 49 United States 149,032 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 primary income receipts (bop, current us$), per square kilometre in Faroe Islands?
- Primary income receipts (bop, current us$), per square kilometre in Faroe Islands was 171,001 BoP, current US$ per square kilometre in 2011, according to Statizoid (derived).
- What is the highest primary income receipts (bop, current us$), per square kilometre recorded in Faroe Islands?
- The highest recorded value was 171,001 BoP, current US$ per square kilometre in 2011.
- What is the lowest primary income receipts (bop, current us$), per square kilometre recorded in Faroe Islands?
- The lowest recorded value was 64,907 BoP, current US$ per square kilometre in 2001.
- How does Faroe Islands rank for primary income receipts (bop, current us$), per square kilometre?
- Faroe Islands ranks 46th out of 197 countries with data for 2011.
- Is primary income receipts (bop, current us$), per square kilometre rising or falling in Faroe Islands?
- Over the last ten years it is up 163.5%. 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 Primary income receipts (BoP, current US$), per square kilometre. Statizoid updates them automatically from the source API.
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How this figure is calculated
Primary income receipts (BoP, current US$) 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.
Primary income receipts (BoP, current US$) ÷ Land area (sq. km)
Computed from
- Primary income receipts Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Primary income receipts (BoP, current US$) 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.