Commercial service exports (current US$), per capita in Faroe Islands
Faroe Islands: Commercial service exports (current US$), per capita was 4,260 current US$ per person in 2011. ◆ Volatile
Commercial service exports (current US$), per capita in Faroe Islands, 1998–2011
Source: Statizoid (derived). Measured in current US$ per person.
Analysis
In 2011, commercial service exports (current us$), per capita in Faroe Islands stood at 4,260 current US$ per person.
The figure is up 8.7% on the previous year and up 249.8% over ten years.
Over the whole period, commercial service exports (current us$), per capita in Faroe Islands peaked at 5,188 current US$ per person in 2008 and was at its lowest, 1,142 current US$ per person, in 1998.
That places Faroe Islands 51st out of 199 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.
Commercial service exports (current US$), per capita in Faroe Islands, year by year
| Year | current US$ per person | Change |
|---|---|---|
| 1998 | 1,142 current US$ per person | — |
| 1999 | 1,229 current US$ per person | +7.6% |
| 2000 | 1,179 current US$ per person | -4.1% |
| 2001 | 1,218 current US$ per person | +3.3% |
| 2002 | 1,505 current US$ per person | +23.6% |
| 2003 | 1,612 current US$ per person | +7.1% |
| 2004 | 1,784 current US$ per person | +10.6% |
| 2005 | 2,740 current US$ per person | +53.6% |
| 2006 | 3,611 current US$ per person | +31.8% |
| 2007 | 4,433 current US$ per person | +22.8% |
| 2008 | 5,188 current US$ per person | +17.0% |
| 2009 | 3,484 current US$ per person | -32.9% |
| 2010 | 3,919 current US$ per person | +12.5% |
| 2011 | 4,260 current US$ per person | +8.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,186 current US$ per person | 1,142 current US$ per person | 1,229 current US$ per person | 2 |
| 2000s | 2,675 current US$ per person | 1,179 current US$ per person | 5,188 current US$ per person | 10 |
| 2010s | 4,090 current US$ per person | 3,919 current US$ per person | 4,260 current US$ per person | 2 |
Countries ranked near Faroe Islands
- 48 Hungary 4,507 current US$ per person compare
- 49 Panama 4,388 current US$ per person compare
- 50 Czechia 4,364 current US$ per person compare
- 52 Canada 4,099 current US$ per person compare
- 53 Albania 4,085 current US$ per person compare
- 54 Saint Vincent and the Grenadines 3,806 current US$ per person compare
More private sector data for Faroe Islands
- Merchandise trade 80.8% (2024)
- Food imports 17.1% (2009)
- Manufactures imports 62.3% (2009)
- Merchandise imports 1.67 billion current US$ (2025)
- Food exports 88.0% (2009)
- Manufactures exports 7.4% (2009)
- Merchandise exports 2.06 billion current US$ (2025)
- Merchandise exports (current US$), per capita 37,577 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.4389 current US$ per US$ of GDP (2024)
- Merchandise exports (current US$), annual growth rate 15.96 % change on previous year (2025)
Frequently asked questions
- What is commercial service exports (current us$), per capita in Faroe Islands?
- Commercial service exports (current us$), per capita in Faroe Islands was 4,260 current US$ per person in 2011, according to Statizoid (derived).
- What is the highest commercial service exports (current us$), per capita recorded in Faroe Islands?
- The highest recorded value was 5,188 current US$ per person in 2008.
- What is the lowest commercial service exports (current us$), per capita recorded in Faroe Islands?
- The lowest recorded value was 1,142 current US$ per person in 1998.
- How does Faroe Islands rank for commercial service exports (current us$), per capita?
- Faroe Islands ranks 51st out of 199 countries with data for 2011.
- Is commercial service exports (current us$), per capita rising or falling in Faroe Islands?
- Over the last ten years it is up 249.8%. 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 Commercial service exports (current US$), per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Commercial service exports (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Commercial service exports (current US$) ÷ Population, total
Computed from
- Commercial service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Commercial service exports (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.