{"entity":{"iso2":"FO","iso3":"FRO","name":"Faroe Islands","slug":"faroe-islands"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"trade-as-share-of-gdp","source":"National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) \u2013 processed by Our World in Data","source_url":"https://ourworldindata.org/grapher/trade-as-share-of-gdp","title":"Trade as a share of GDP","unit":"% of GDP"},"observations":[{"date":"1962-01-01","value":98.6918},{"date":"1963-01-01","value":86.0951},{"date":"1964-01-01","value":82.2717},{"date":"1965-01-01","value":87.4594},{"date":"1966-01-01","value":76.2365},{"date":"1967-01-01","value":78.9668},{"date":"1968-01-01","value":74.7597},{"date":"1969-01-01","value":79.2507},{"date":"1970-01-01","value":75.259},{"date":"1971-01-01","value":78.7879},{"date":"1972-01-01","value":78.1141},{"date":"1973-01-01","value":90.5987},{"date":"1974-01-01","value":93.6129},{"date":"1975-01-01","value":85.3448},{"date":"1976-01-01","value":86.9052},{"date":"1977-01-01","value":84.9035},{"date":"1978-01-01","value":80.2589},{"date":"1979-01-01","value":79.4949},{"date":"1980-01-01","value":81.2927},{"date":"1981-01-01","value":83.4585},{"date":"1982-01-01","value":79.2595},{"date":"1983-01-01","value":84.564},{"date":"1984-01-01","value":99.7167},{"date":"1985-01-01","value":93.9182},{"date":"1986-01-01","value":87.9978},{"date":"1987-01-01","value":93.1398},{"date":"1988-01-01","value":85.8589},{"date":"1989-01-01","value":79.887},{"date":"1990-01-01","value":78.8766},{"date":"1991-01-01","value":81.6541},{"date":"1992-01-01","value":84.8611},{"date":"1993-01-01","value":72.6996},{"date":"1994-01-01","value":75.7563},{"date":"1995-01-01","value":75.703},{"date":"1996-01-01","value":98.7626},{"date":"1997-01-01","value":97.6326},{"date":"1998-01-01","value":91.6098},{"date":"1999-01-01","value":100.492},{"date":"2000-01-01","value":110.545},{"date":"2001-01-01","value":104.904},{"date":"2002-01-01","value":98.6232},{"date":"2003-01-01","value":108.258},{"date":"2004-01-01","value":93.4154},{"date":"2005-01-01","value":100.963},{"date":"2006-01-01","value":97.3947},{"date":"2007-01-01","value":99.506},{"date":"2008-01-01","value":103.496},{"date":"2009-01-01","value":96.8608},{"date":"2010-01-01","value":97.1824},{"date":"2011-01-01","value":105.846},{"date":"2012-01-01","value":117.158},{"date":"2013-01-01","value":114.062},{"date":"2014-01-01","value":106.143},{"date":"2015-01-01","value":105.611},{"date":"2016-01-01","value":104.553},{"date":"2017-01-01","value":107.239},{"date":"2018-01-01","value":106.875},{"date":"2019-01-01","value":108.623},{"date":"2020-01-01","value":96.2242},{"date":"2021-01-01","value":103.488},{"date":"2022-01-01","value":122.863},{"date":"2023-01-01","value":113.336},{"date":"2024-01-01","value":105.753}],"summary":{"latest_period":"2024-01-01","latest_value":105.753,"max":122.863,"mean":92.906,"min":72.6996,"of":191,"rank":58,"trend":"rising"}}