Commercial service imports (current US$), per capita in Faroe Islands
Faroe Islands: Commercial service imports (current US$), per capita was 8,121 current US$ per person in 2011. ◆ Volatile
Commercial service imports (current US$), per capita in Faroe Islands, 1998–2011
Source: Statizoid (derived). Measured in current US$ per person.
Analysis
In 2011, commercial service imports (current us$), per capita in Faroe Islands stood at 8,121 current US$ per person. That is the highest value across all 14 years on record.
That represents a change of up 7.9% on the previous year and up 261.7% over ten years.
Over the whole period, commercial service imports (current us$), per capita in Faroe Islands peaked at 8,121 current US$ per person in 2011 and was at its lowest, 2,022 current US$ per person, in 1998.
Faroe Islands ranks 24th of 199 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial service imports (current US$), per capita in Faroe Islands, year by year
| Year | current US$ per person | Change |
|---|---|---|
| 1998 | 2,022 current US$ per person | — |
| 1999 | 2,112 current US$ per person | +4.5% |
| 2000 | 2,112 current US$ per person | -0.0% |
| 2001 | 2,245 current US$ per person | +6.3% |
| 2002 | 2,775 current US$ per person | +23.6% |
| 2003 | 3,029 current US$ per person | +9.2% |
| 2004 | 3,330 current US$ per person | +9.9% |
| 2005 | 4,752 current US$ per person | +42.7% |
| 2006 | 5,671 current US$ per person | +19.3% |
| 2007 | 7,425 current US$ per person | +30.9% |
| 2008 | 7,866 current US$ per person | +5.9% |
| 2009 | 7,023 current US$ per person | -10.7% |
| 2010 | 7,525 current US$ per person | +7.1% |
| 2011 | 8,121 current US$ per person | +7.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2,067 current US$ per person | 2,022 current US$ per person | 2,112 current US$ per person | 2 |
| 2000s | 4,623 current US$ per person | 2,112 current US$ per person | 7,866 current US$ per person | 10 |
| 2010s | 7,823 current US$ per person | 7,525 current US$ per person | 8,121 current US$ per person | 2 |
Countries ranked near Faroe Islands
- 21 Macau, China 9,716 current US$ per person compare
- 22 Estonia 8,770 current US$ per person compare
- 23 Finland 8,659 current US$ per person compare
- 25 Seychelles 7,808 current US$ per person compare
- 26 Bahrain 7,789 current US$ per person compare
- 27 Sint Maarten 7,662 current US$ per person
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$), annual growth rate 15.96 % change on previous year (2025)
Frequently asked questions
- What is commercial service imports (current us$), per capita in Faroe Islands?
- Commercial service imports (current us$), per capita in Faroe Islands was 8,121 current US$ per person in 2011, according to Statizoid (derived).
- What is the highest commercial service imports (current us$), per capita recorded in Faroe Islands?
- The highest recorded value was 8,121 current US$ per person in 2011.
- What is the lowest commercial service imports (current us$), per capita recorded in Faroe Islands?
- The lowest recorded value was 2,022 current US$ per person in 1998.
- How does Faroe Islands rank for commercial service imports (current us$), per capita?
- Faroe Islands ranks 24th out of 199 countries with data for 2011.
- Is commercial service imports (current us$), per capita rising or falling in Faroe Islands?
- Over the last ten years it is up 261.7%. 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 imports (current US$), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Commercial service imports (current US$) 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 imports (current US$) ÷ Population, total
Computed from
- Commercial service imports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Commercial service imports (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.