Proportion tariff lines applied to imports from ldcs in Faroe Islands
Faroe Islands: Proportion tariff lines applied to imports from ldcs was 84.12 in 2023. β² Rising
Proportion tariff lines applied to imports from ldcs in Faroe Islands, 2005β2023
Source: Our World in Data.
Analysis
Faroe Islands recorded 84.12 for proportion tariff lines applied to imports from ldcs in 2023.
That represents a change of down 3.1% on the previous year and down 1.1% over ten years.
Over the whole period, proportion tariff lines applied to imports from ldcs in Faroe Islands peaked at 86.78 in 2022 and was at its lowest, 59.12, in 2005.
Faroe Islands ranks 18th of 221 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 11 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 59.12 | 59.12 | 59.12 | 1 |
| 2010s | 80.71 | 79.06 | 85.07 | 6 |
| 2020s | 81.09 | 76.71 | 86.78 | 4 |
Countries ranked near Faroe Islands
- 15 Antigua and Barbuda 85.01 compare
- 16 Grenada 84.8 compare
- 17 Uzbekistan 84.28 compare
- 19 Montenegro 83.78 compare
- 20 Greenland 83.45 compare
- 21 Mozambique 83.07 compare
More economy & growth data for Faroe Islands
- Industry (including construction), value added 741.68 million current US$ (2024)
- Trade 105.8% (2024)
- Agriculture, forestry, and fishing, value added 4.49 billion current LCU (2024)
- Manufacturing, value added 383.50 million current US$ (2024)
- Manufacturing, value added 2.64 billion current LCU (2024)
- Manufacturing, value added 9.5% (2024)
- Services, value added 2.18 billion current US$ (2024)
- Services, value added 53.8% (2024)
- Services, value added 15.04 billion current LCU (2024)
- External balance on goods and services 3.4% (2024)
Frequently asked questions
- What is proportion tariff lines applied to imports from ldcs in Faroe Islands?
- Proportion tariff lines applied to imports from ldcs in Faroe Islands was 84.12 in 2023, according to Our World in Data.
- What is the highest proportion tariff lines applied to imports from ldcs recorded in Faroe Islands?
- The highest recorded value was 86.78 in 2022.
- What is the lowest proportion tariff lines applied to imports from ldcs recorded in Faroe Islands?
- The lowest recorded value was 59.12 in 2005.
- How does Faroe Islands rank for proportion tariff lines applied to imports from ldcs?
- Faroe Islands ranks 18th out of 221 countries with data for 2023.
- Is proportion tariff lines applied to imports from ldcs rising or falling in Faroe Islands?
- Over the last ten years it is down 1.1%. The long-run trend across the full record is rising.
- Where does this Faroe Islands data come from?
- The figures come from Our World in Data, published as part of Proportion tariff lines applied to imports from ldcs. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 11 observations, free to reuse under CC BY 4.0 (Our World in Data).