Merchandise exports (current US$), annual growth rate in Faroe Islands
Faroe Islands: Merchandise exports (current US$), annual growth rate was 15.96 % change on previous year in 2025. ◆ Volatile
Merchandise exports (current US$), annual growth rate in Faroe Islands, 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, merchandise exports (current us$), annual growth rate in Faroe Islands stood at 15.96 % change on previous year.
Compared with earlier readings it is up 566.8% on the previous year and up 303.7% over ten years.
Over the whole period, merchandise exports (current us$), annual growth rate in Faroe Islands peaked at 71.74 % change on previous year in 1973 and was at its lowest, -25.51 % change on previous year, in 1993.
That places Faroe Islands 44th out of 205 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports (current US$), annual growth rate in Faroe Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 0 % change on previous year | — |
| 1962 | 28.57 % change on previous year | — |
| 1963 | 11.11 % change on previous year | -61.1% |
| 1964 | 0 % change on previous year | -100.0% |
| 1965 | 30 % change on previous year | — |
| 1966 | -15.38 % change on previous year | -151.3% |
| 1967 | 18.18 % change on previous year | -218.2% |
| 1968 | -19.23 % change on previous year | -205.8% |
| 1969 | 14.29 % change on previous year | -174.3% |
| 1970 | 41.67 % change on previous year | +191.7% |
| 1971 | 11.76 % change on previous year | -71.8% |
| 1972 | 21.05 % change on previous year | +78.9% |
| 1973 | 71.74 % change on previous year | +240.8% |
| 1974 | 1.27 % change on previous year | -98.2% |
| 1975 | 1.25 % change on previous year | -1.2% |
| 1976 | 29.63 % change on previous year | +2270.4% |
| 1977 | 37.14 % change on previous year | +25.4% |
| 1978 | -1.39 % change on previous year | -103.7% |
| 1979 | 1.41 % change on previous year | -201.4% |
| 1980 | 23.61 % change on previous year | +1576.4% |
| 1981 | -5.06 % change on previous year | -121.4% |
| 1982 | -11.24 % change on previous year | +122.4% |
| 1983 | 13.33 % change on previous year | -218.6% |
| 1984 | -6.47 % change on previous year | -148.5% |
| 1985 | 12.58 % change on previous year | -294.4% |
| 1986 | 39.11 % change on previous year | +210.9% |
| 1987 | 38.55 % change on previous year | -1.4% |
| 1988 | 0.8696 % change on previous year | -97.7% |
| 1989 | -0.5747 % change on previous year | -166.1% |
| 1990 | 20.81 % change on previous year | -3720.8% |
| 1991 | 4.07 % change on previous year | -80.5% |
| 1992 | 0.9195 % change on previous year | -77.4% |
| 1993 | -25.51 % change on previous year | -2874.5% |
| 1994 | -0.3058 % change on previous year | -98.8% |
| 1995 | 11.04 % change on previous year | -3711.0% |
| 1996 | 14.92 % change on previous year | +35.1% |
| 1997 | -6.73 % change on previous year | -145.1% |
| 1998 | 12.63 % change on previous year | -287.6% |
| 1999 | 7.09 % change on previous year | -43.8% |
| 2000 | 1.28 % change on previous year | -81.9% |
| 2001 | 8.44 % change on previous year | +558.2% |
| 2002 | 4.28 % change on previous year | -49.3% |
| 2003 | 10.82 % change on previous year | +152.8% |
| 2004 | 3.7 % change on previous year | -65.8% |
| 2005 | -2.76 % change on previous year | -174.5% |
| 2006 | 8.68 % change on previous year | -414.6% |
| 2007 | 14.59 % change on previous year | +68.1% |
| 2008 | 14.21 % change on previous year | -2.6% |
| 2009 | -10.56 % change on previous year | -174.3% |
| 2010 | 10.11 % change on previous year | -195.7% |
| 2011 | 20.14 % change on previous year | +99.3% |
| 2012 | -5.56 % change on previous year | -127.6% |
| 2013 | 14.18 % change on previous year | -355.3% |
| 2014 | 2.12 % change on previous year | -85.1% |
| 2015 | -7.84 % change on previous year | -470.4% |
| 2016 | 17.5 % change on previous year | -323.2% |
| 2017 | 10.57 % change on previous year | -39.6% |
| 2018 | -4.36 % change on previous year | -141.3% |
| 2019 | 12.43 % change on previous year | -384.8% |
| 2020 | -10.01 % change on previous year | -180.5% |
| 2021 | 24.26 % change on previous year | -342.4% |
| 2022 | 9.82 % change on previous year | -59.5% |
| 2023 | 4.96 % change on previous year | -49.5% |
| 2024 | -3.42 % change on previous year | -169.0% |
| 2025 | 15.96 % change on previous year | -566.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.5 % change on previous year | -19.23 % change on previous year | 30 % change on previous year | 9 |
| 1970s | 21.55 % change on previous year | -1.39 % change on previous year | 71.74 % change on previous year | 10 |
| 1980s | 10.47 % change on previous year | -11.24 % change on previous year | 39.11 % change on previous year | 10 |
| 1990s | 3.89 % change on previous year | -25.51 % change on previous year | 20.81 % change on previous year | 10 |
| 2000s | 5.27 % change on previous year | -10.56 % change on previous year | 14.59 % change on previous year | 10 |
| 2010s | 6.93 % change on previous year | -7.84 % change on previous year | 20.14 % change on previous year | 10 |
| 2020s | 6.93 % change on previous year | -10.01 % change on previous year | 24.26 % change on previous year | 6 |
Countries ranked near Faroe Islands
- 41 Viet Nam 16.82 % change on previous year compare
- 42 Hong Kong, China 16.74 % change on previous year compare
- 43 United Arab Emirates 16.69 % change on previous year compare
- 45 Maldives 15.93 % change on previous year compare
- 46 Philippines 14.71 % change on previous year compare
- 47 Tanzania, United Republic of 14.41 % change on previous year 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 imports (current US$), per capita 30,346 current US$ per person (2025)
Frequently asked questions
- What is merchandise exports (current us$), annual growth rate in Faroe Islands?
- Merchandise exports (current us$), annual growth rate in Faroe Islands was 15.96 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest merchandise exports (current us$), annual growth rate recorded in Faroe Islands?
- The highest recorded value was 71.74 % change on previous year in 1973.
- What is the lowest merchandise exports (current us$), annual growth rate recorded in Faroe Islands?
- The lowest recorded value was -25.51 % change on previous year in 1993.
- How does Faroe Islands rank for merchandise exports (current us$), annual growth rate?
- Faroe Islands ranks 44th out of 205 countries with data for 2025.
- Is merchandise exports (current us$), annual growth rate rising or falling in Faroe Islands?
- Over the last ten years it is up 303.7%. 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 Merchandise exports (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Merchandise exports (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Merchandise exports World Trade Organization (WTO)
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
The year-on-year percentage change in Merchandise exports (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.