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Faroe Islands: Exports of goods and services (% of GDP), 1990–2024
Value in 202454.6
Change since 2014+2.1%53.4 (2014)
World rank42 / 1722024
Rank in region20 / 50Europe & Central Asia
World29.1World Bank aggregate
Trend and comparison
Neighbours in the 2024 ranking
55.8
55.7
55.2
55.1
54.6
54.5
54.4
53.8
53.6
Values and rank by year
| Year | Exports of goods and services (% of GDP) | vs prior year | World rank |
|---|---|---|---|
| 2024 | 54.6 | -4.6% | 42 / 172 |
| 2023 | 57.2 | -6.8% | 44 / 176 |
| 2022 | 61.4 | +18.1% | 44 / 183 |
| 2021 | 52.0 | +9.6% | 49 / 183 |
| 2020 | 47.4 | -15.0% | 43 / 184 |
| 2019 | 55.8 | +5.6% | 42 / 183 |
| 2018 | 52.8 | -6.3% | 49 / 185 |
| 2017 | 56.4 | +3.4% | 41 / 185 |
| 2016 | 54.5 | +2.5% | 39 / 184 |
| 2015 | 53.2 | -0.4% | 43 / 185 |
| 2014 | 53.4 | -3.7% | 49 / 183 |
| 2013 | 55.4 | +5.5% | 47 / 181 |
| 2012 | 52.6 | +0.2% | 53 / 179 |
| 2011 | 52.4 | +12.2% | 53 / 179 |
| 2010 | 46.7 | +7.0% | 59 / 179 |
| 2009 | 43.7 | -5.0% | 58 / 179 |
| 2008 | 46.0 | +9.1% | 66 / 179 |
| 2007 | 42.1 | +0.8% | 73 / 176 |
| 2006 | 41.8 | -0.6% | 74 / 175 |
| 2005 | 42.0 | -3.8% | 70 / 175 |
| 2004 | 43.7 | -6.6% | 59 / 172 |
| 2003 | 46.8 | -4.7% | 51 / 172 |
| 2002 | 49.1 | -4.8% | 45 / 171 |
| 2001 | 51.6 | +0.4% | 34 / 165 |
| 2000 | 51.3 | +5.3% | 40 / 165 |
| 1999 | 48.8 | +4.5% | 34 / 163 |
| 1998 | 46.7 | -4.3% | 34 / 163 |
| 1997 | 48.7 | -2.2% | 34 / 163 |
| 1996 | 49.8 | +22.4% | 30 / 162 |
| 1995 | 40.7 | -6.5% | 44 / 162 |
| 1994 | 43.6 | -0.5% | 38 / 153 |
| 1993 | 43.8 | -9.5% | 38 / 149 |
| 1992 | 48.4 | +0.1% | 30 / 146 |
| 1991 | 48.4 | +10.4% | 23 / 144 |
| 1990 | 43.8 | – | 32 / 141 |
- Population
- GDP (current US$, billions)
- GDP per capita (current US$)
- GDP growth (annual %)
- Life expectancy at birth (years)
- Fertility rate (births per woman)
- Population aged 65 and above (% of total)
- Urban population (% of total)
- Internet users (% of population)
- Surface area (km²)
- Population density (people per km² of land)
Compare Faroe Islands with Japan →
For each indicator and economy the most recent non-empty year is used, so years can differ between countries. Ranks compare only economies that have data. Aggregates (regions, income groups) are excluded from rankings; the world value is shown for reference. Values are as published by the World Bank and are revised several times a year.