Service imports (BoP, current US$), per square kilometre in Faroe Islands
Faroe Islands: Service imports (BoP, current US$), per square kilometre was 282,380 BoP, current US$ per square kilometre in 2011. ◆ Volatile
Service imports (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 service imports (bop, current us$), per square kilometre in Faroe Islands is 282,380 BoP, current US$ per square kilometre, measured in 2011. That is the highest value across all 14 years on record.
That represents a change of up 7.7% on the previous year and up 274.5% over ten years.
Over the whole period, service imports (bop, current us$), per square kilometre in Faroe Islands peaked at 282,380 BoP, current US$ per square kilometre in 2011 and was at its lowest, 64,971 BoP, current US$ per square kilometre, in 1998.
That places Faroe Islands 52nd 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 imports (BoP, current US$), per square kilometre in Faroe Islands, year by year
| Year | BoP, current US$ per square kilometre | Change |
|---|---|---|
| 1998 | 64,971 BoP, current US$ per square kilometre | — |
| 1999 | 67,894 BoP, current US$ per square kilometre | +4.5% |
| 2000 | 69,606 BoP, current US$ per square kilometre | +2.5% |
| 2001 | 75,394 BoP, current US$ per square kilometre | +8.3% |
| 2002 | 94,599 BoP, current US$ per square kilometre | +25.5% |
| 2003 | 105,229 BoP, current US$ per square kilometre | +11.2% |
| 2004 | 115,398 BoP, current US$ per square kilometre | +9.7% |
| 2005 | 164,600 BoP, current US$ per square kilometre | +42.6% |
| 2006 | 196,344 BoP, current US$ per square kilometre | +19.3% |
| 2007 | 257,317 BoP, current US$ per square kilometre | +31.1% |
| 2008 | 273,548 BoP, current US$ per square kilometre | +6.3% |
| 2009 | 245,448 BoP, current US$ per square kilometre | -10.3% |
| 2010 | 262,263 BoP, current US$ per square kilometre | +6.9% |
| 2011 | 282,380 BoP, current US$ per square kilometre | +7.7% |
Faroe Islands compared with similar countries
- Faroe Islands's 282,380 BoP, current US$ per square kilometre is below the median for high income countries, which is 454,088 BoP, current US$ per square kilometre, 62% of the median. (72 countries reporting)
- Faroe Islands's 282,380 BoP, current US$ per square kilometre is above the median for Europe & Central Asia, which is 201,673 BoP, current US$ per square kilometre, 1.4× the median. (50 countries reporting)
Biggest year-on-year movements
Years where Service imports (BoP, current US$), per square kilometre in Faroe Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | +42.6% | 115,398 BoP, current US$ per square kilometre | 164,600 BoP, current US$ per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 66,433 BoP, current US$ per square kilometre | 64,971 BoP, current US$ per square kilometre | 67,894 BoP, current US$ per square kilometre | 2 |
| 2000s | 159,748 BoP, current US$ per square kilometre | 69,606 BoP, current US$ per square kilometre | 273,548 BoP, current US$ per square kilometre | 10 |
| 2010s | 272,322 BoP, current US$ per square kilometre | 262,263 BoP, current US$ per square kilometre | 282,380 BoP, current US$ per square kilometre | 2 |
Countries ranked near Faroe Islands
- 49 Hungary 298,340 BoP, current US$ per square kilometre compare
- 50 Portugal 284,151 BoP, current US$ per square kilometre compare
- 51 Sweden 282,672 BoP, current US$ per square kilometre compare
- 53 Slovakia 256,726 BoP, current US$ per square kilometre compare
- 54 Estonia 232,947 BoP, current US$ per square kilometre compare
- 55 Greece 228,441 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 imports (bop, current us$), per square kilometre in Faroe Islands?
- Service imports (bop, current us$), per square kilometre in Faroe Islands was 282,380 BoP, current US$ per square kilometre in 2011, according to Statizoid (derived).
- What is the highest service imports (bop, current us$), per square kilometre recorded in Faroe Islands?
- The highest recorded value was 282,380 BoP, current US$ per square kilometre in 2011.
- What is the lowest service imports (bop, current us$), per square kilometre recorded in Faroe Islands?
- The lowest recorded value was 64,971 BoP, current US$ per square kilometre in 1998.
- How does Faroe Islands rank for service imports (bop, current us$), per square kilometre?
- Faroe Islands ranks 52nd out of 198 countries with data for 2011.
- Is service imports (bop, current us$), per square kilometre rising or falling in Faroe Islands?
- Over the last ten years it is up 274.5%. 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 imports (BoP, current US$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Service imports (BoP, current US$) 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 imports (BoP, current US$) ÷ Land area (sq. km)
Computed from
- Service imports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Service imports (BoP, current US$) 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.