Service exports (BoP, current US$), per square kilometre in Faroe Islands
Faroe Islands: Service exports (BoP, current US$), per square kilometre was 148,143 BoP, current US$ per square kilometre in 2011. ◆ Volatile
Service exports (BoP, current US$), per square kilometre in Faroe Islands, 1998–2011
Source: Statizoid (derived). Measured in BoP, current US$ per square kilometre.
Analysis
Faroe Islands recorded 148,143 BoP, current US$ per square kilometre for service exports (bop, current us$), per square kilometre in 2011.
The figure is up 8.5% on the previous year and up 263.8% over ten years.
Over the whole period, service exports (bop, current us$), per square kilometre in Faroe Islands peaked at 180,431 BoP, current US$ per square kilometre in 2008 and was at its lowest, 36,547 BoP, current US$ per square kilometre, in 1998.
That places Faroe Islands 72nd out of 198 countries with data for 2011, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Service exports (BoP, current US$), per square kilometre in Faroe Islands, year by year
| Year | BoP, current US$ per square kilometre | Change |
|---|---|---|
| 1998 | 36,547 BoP, current US$ per square kilometre | — |
| 1999 | 39,792 BoP, current US$ per square kilometre | +8.9% |
| 2000 | 38,660 BoP, current US$ per square kilometre | -2.8% |
| 2001 | 40,716 BoP, current US$ per square kilometre | +5.3% |
| 2002 | 51,060 BoP, current US$ per square kilometre | +25.4% |
| 2003 | 55,537 BoP, current US$ per square kilometre | +8.8% |
| 2004 | 61,820 BoP, current US$ per square kilometre | +11.3% |
| 2005 | 94,922 BoP, current US$ per square kilometre | +53.5% |
| 2006 | 125,016 BoP, current US$ per square kilometre | +31.7% |
| 2007 | 153,612 BoP, current US$ per square kilometre | +22.9% |
| 2008 | 180,431 BoP, current US$ per square kilometre | +17.5% |
| 2009 | 121,753 BoP, current US$ per square kilometre | -32.5% |
| 2010 | 136,591 BoP, current US$ per square kilometre | +12.2% |
| 2011 | 148,143 BoP, current US$ per square kilometre | +8.5% |
Faroe Islands compared with similar countries
- Faroe Islands's 148,143 BoP, current US$ per square kilometre is below the median for high income countries, which is 543,370 BoP, current US$ per square kilometre, 27% of the median. (72 countries reporting)
- Faroe Islands's 148,143 BoP, current US$ per square kilometre is below the median for Europe & Central Asia, which is 268,844 BoP, current US$ per square kilometre, 55% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 38,170 BoP, current US$ per square kilometre | 36,547 BoP, current US$ per square kilometre | 39,792 BoP, current US$ per square kilometre | 2 |
| 2000s | 92,353 BoP, current US$ per square kilometre | 38,660 BoP, current US$ per square kilometre | 180,431 BoP, current US$ per square kilometre | 10 |
| 2010s | 142,367 BoP, current US$ per square kilometre | 136,591 BoP, current US$ per square kilometre | 148,143 BoP, current US$ per square kilometre | 2 |
Countries ranked near Faroe Islands
- 69 Serbia 168,284 BoP, current US$ per square kilometre compare
- 70 Philippines 162,095 BoP, current US$ per square kilometre compare
- 71 Bulgaria 155,929 BoP, current US$ per square kilometre compare
- 73 Palestine 147,771 BoP, current US$ per square kilometre compare
- 74 Norway 146,031 BoP, current US$ per square kilometre compare
- 75 Turkey 137,123 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 service exports (bop, current us$), per square kilometre in Faroe Islands?
- Service exports (bop, current us$), per square kilometre in Faroe Islands was 148,143 BoP, current US$ per square kilometre in 2011, according to Statizoid (derived).
- What is the highest service exports (bop, current us$), per square kilometre recorded in Faroe Islands?
- The highest recorded value was 180,431 BoP, current US$ per square kilometre in 2008.
- What is the lowest service exports (bop, current us$), per square kilometre recorded in Faroe Islands?
- The lowest recorded value was 36,547 BoP, current US$ per square kilometre in 1998.
- How does Faroe Islands rank for service exports (bop, current us$), per square kilometre?
- Faroe Islands ranks 72nd out of 198 countries with data for 2011.
- Is service exports (bop, current us$), per square kilometre rising or falling in Faroe Islands?
- Over the last ten years it is up 263.8%. 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 Service exports (BoP, current US$), per square kilometre. Statizoid updates them automatically from the source API.
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How this figure is calculated
Service exports (BoP, current US$) 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.
Service exports (BoP, current US$) ÷ Land area (sq. km)
Computed from
- Service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Service exports (BoP, current US$) 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.