Share of global services exports in Faroe Islands
Faroe Islands: Share of global services exports was 0.0% in 2022. ◆ Volatile
Latest (2022)
0.0%
Change on year
unchanged
World rank
131st
of 205 countries
All-time high
0.0%
in 2006
All-time low
0.0%
in 2000
Years of data
23
2000–2022
Share of global services exports in Faroe Islands, 2000–2022
Source: UN Conference on Trade and Development and World Trade Organization – processed by Our World in Data. Measured in %.
Analysis
Faroe Islands recorded 0.0% for share of global services exports in 2022. That is the highest value across all 23 years on record.
The figure is unchanged over ten years.
Over the whole period, share of global services exports in Faroe Islands peaked at 0.0% in 2006 and was at its lowest, 0.0%, in 2000.
That places Faroe Islands 131st out of 205 countries with data for 2022, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Share of global services exports in Faroe Islands, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 0.0% | — |
| 2001 | 0.0% | — |
| 2002 | 0.0% | — |
| 2003 | 0.0% | — |
| 2004 | 0.0% | — |
| 2005 | 0.0% | — |
| 2006 | 0.0% | — |
| 2007 | 0.0% | +0.0% |
| 2008 | 0.0% | +0.0% |
| 2009 | 0.0% | -100.0% |
| 2010 | 0.0% | — |
| 2011 | 0.0% | +0.0% |
| 2012 | 0.0% | +0.0% |
| 2013 | 0.0% | +0.0% |
| 2014 | 0.0% | +0.0% |
| 2015 | 0.0% | +0.0% |
| 2016 | 0.0% | +0.0% |
| 2017 | 0.0% | +0.0% |
| 2018 | 0.0% | +0.0% |
| 2019 | 0.0% | +0.0% |
| 2020 | 0.0% | +0.0% |
| 2021 | 0.0% | +0.0% |
| 2022 | 0.0% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0% | 0.0% | 0.0% | 10 |
| 2010s | 0.0% | 0.0% | 0.0% | 10 |
| 2020s | 0.0% | 0.0% | 0.0% | 3 |
Countries ranked near Faroe Islands
- 131 Afghanistan 0.0% compare
- 131 Antigua and Barbuda 0.0% compare
- 131 Belize 0.0% compare
- 131 Benin 0.0% compare
- 131 Bolivia, Plurinational State of 0.0% compare
- 131 Botswana 0.0% compare
- 131 Burkina Faso 0.0% compare
- 131 Cape Verde 0.0% compare
- 131 Côte d'Ivoire 0.0% compare
- 131 Djibouti 0.0% compare
- 131 Eritrea 0.0% compare
- 131 Grenada 0.0% compare
- 131 Lao People's Democratic Republic 0.0% compare
- 131 Malawi 0.0% compare
- 131 Mali 0.0% compare
- 131 Namibia 0.0% compare
- 131 Nepal 0.0% compare
- 131 New Caledonia 0.0% compare
- 131 Palestine, State of 0.0% compare
- 131 Rwanda 0.0% compare
- 131 Saint Kitts and Nevis 0.0% compare
- 131 Somalia 0.0% compare
- 131 South Sudan 0.0% compare
- 131 Togo 0.0% compare
- 131 Trinidad and Tobago 0.0% compare
- 131 Venezuela, Bolivarian Republic of 0.0% compare
- 131 Yemen 0.0% compare
- 131 Zambia 0.0% compare
- 131 Zimbabwe 0.0% compare
More economy & growth data for Faroe Islands
- GDP (current US$), annual growth rate 2.78 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 451,018 current LCU per person (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 6.08 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 1.67 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 65,417 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8819 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), annual growth 1.6 % change on previous year (2024)
- GDP deflator (base year varies by country), annual growth rate 2 % change on previous year (2024)
- GDP growth 0.8% (2024)
- Discrepancy in expenditure estimate of GDP 100,000 current LCU (2024)
Frequently asked questions
- What is share of global services exports in Faroe Islands?
- Share of global services exports in Faroe Islands was 0.0% in 2022, according to UN Conference on Trade and Development and World Trade Organization – processed by Our World in Data.
- What is the highest share of global services exports recorded in Faroe Islands?
- The highest recorded value was 0.0% in 2006.
- What is the lowest share of global services exports recorded in Faroe Islands?
- The lowest recorded value was 0.0% in 2000.
- How does Faroe Islands rank for share of global services exports?
- Faroe Islands ranks 131st out of 205 countries with data for 2022.
- Is share of global services exports rising or falling in Faroe Islands?
- Over the last ten years it is unchanged. The long-run trend across the full record is volatile.
- Where does this Faroe Islands data come from?
- The figures come from UN Conference on Trade and Development and World Trade Organization – processed by Our World in Data, published as part of Share of global services exports. Statizoid updates them automatically from the source API.
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About this data
Developing countries’ and least developed countries’ share of global services exports (%).