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

Latest (2025)
15.96 % change on previous year
Change on year
up 566.8%
World rank
44th
of 205 countries
All-time high
71.74 % change on previous year
in 1973
All-time low
-25.51 % change on previous year
in 1993
Years of data
65
1961–2025

Merchandise exports (current US$), annual growth rate in Faroe Islands, 1961–2025

-20020406080196119932025

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

Annual values for Merchandise exports (current US$), annual growth rate in Faroe Islands, 1961 to 2025.
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

DecadeAverage LowestHighest 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

  1. 41 Viet Nam 16.82 % change on previous year compare
  2. 42 Hong Kong, China 16.74 % change on previous year compare
  3. 43 United Arab Emirates 16.69 % change on previous year compare
  4. 45 Maldives 15.93 % change on previous year compare
  5. 46 Philippines 14.71 % change on previous year compare
  6. 47 Tanzania, United Republic of 14.41 % change on previous year compare

See the full ranking of 252 places →

More private sector data for Faroe Islands

All data for Faroe Islands →

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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Merchandise exports (current US$), annual growth rate in Faroe Islands. Statizoid, drawing on Statizoid (derived). Retrieved 22 August 2026, from https://private-sector.statizoid.com/stat/merchandise-exports-current-us-annual-growth-rate/faroe-islands/

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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

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

Indicator
Merchandise exports (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
252 places, 14,588 data points, 1961–2025
Last refreshed

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.