Merchandise exports (current US$), per capita in Faroe Islands
Faroe Islands: Merchandise exports (current US$), per capita was 37,577 current US$ per person in 2025. ◆ Volatile
Merchandise exports (current US$), per capita in Faroe Islands, 1960–2025
Source: Statizoid (derived). Measured in current US$ per person.
Analysis
Faroe Islands recorded 37,577 current US$ per person for merchandise exports (current us$), per capita in 2025. That is the highest value across all 66 years on record.
The figure is up 15.4% on the previous year and up 79.6% over ten years.
Over the whole period, merchandise exports (current us$), per capita in Faroe Islands peaked at 37,577 current US$ per person in 2025 and was at its lowest, 405.13 current US$ per person, in 1961.
Faroe Islands ranks 9th of 206 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports (current US$), per capita in Faroe Islands, year by year
| Year | current US$ per person | Change |
|---|---|---|
| 1960 | 410.23 current US$ per person | — |
| 1961 | 405.13 current US$ per person | -1.2% |
| 1962 | 514.83 current US$ per person | +27.1% |
| 1963 | 565.12 current US$ per person | +9.8% |
| 1964 | 557.93 current US$ per person | -1.3% |
| 1965 | 715.33 current US$ per person | +28.2% |
| 1966 | 597.57 current US$ per person | -16.5% |
| 1967 | 698.89 current US$ per person | +17.0% |
| 1968 | 559.11 current US$ per person | -20.0% |
| 1969 | 633.13 current US$ per person | +13.2% |
| 1970 | 888.45 current US$ per person | +40.3% |
| 1971 | 981.84 current US$ per person | +10.5% |
| 1972 | 1,174 current US$ per person | +19.6% |
| 1973 | 1,993 current US$ per person | +69.7% |
| 1974 | 1,995 current US$ per person | +0.1% |
| 1975 | 1,997 current US$ per person | +0.1% |
| 1976 | 2,560 current US$ per person | +28.2% |
| 1977 | 3,473 current US$ per person | +35.7% |
| 1978 | 3,384 current US$ per person | -2.6% |
| 1979 | 3,387 current US$ per person | +0.1% |
| 1980 | 4,133 current US$ per person | +22.0% |
| 1981 | 3,874 current US$ per person | -6.3% |
| 1982 | 3,396 current US$ per person | -12.3% |
| 1983 | 3,806 current US$ per person | +12.1% |
| 1984 | 3,522 current US$ per person | -7.4% |
| 1985 | 3,916 current US$ per person | +11.2% |
| 1986 | 5,398 current US$ per person | +37.8% |
| 1987 | 7,387 current US$ per person | +36.9% |
| 1988 | 7,349 current US$ per person | -0.5% |
| 1989 | 7,214 current US$ per person | -1.8% |
| 1990 | 8,756 current US$ per person | +21.4% |
| 1991 | 9,168 current US$ per person | +4.7% |
| 1992 | 9,284 current US$ per person | +1.3% |
| 1993 | 7,036 current US$ per person | -24.2% |
| 1994 | 7,294 current US$ per person | +3.7% |
| 1995 | 8,301 current US$ per person | +13.8% |
| 1996 | 9,545 current US$ per person | +15.0% |
| 1997 | 8,792 current US$ per person | -7.9% |
| 1998 | 9,782 current US$ per person | +11.3% |
| 1999 | 10,366 current US$ per person | +6.0% |
| 2000 | 10,360 current US$ per person | -0.1% |
| 2001 | 11,022 current US$ per person | +6.4% |
| 2002 | 11,324 current US$ per person | +2.7% |
| 2003 | 12,367 current US$ per person | +9.2% |
| 2004 | 12,732 current US$ per person | +2.9% |
| 2005 | 12,386 current US$ per person | -2.7% |
| 2006 | 13,468 current US$ per person | +8.7% |
| 2007 | 15,420 current US$ per person | +14.5% |
| 2008 | 17,550 current US$ per person | +13.8% |
| 2009 | 15,618 current US$ per person | -11.0% |
| 2010 | 17,244 current US$ per person | +10.4% |
| 2011 | 20,766 current US$ per person | +20.4% |
| 2012 | 19,714 current US$ per person | -5.1% |
| 2013 | 22,531 current US$ per person | +14.3% |
| 2014 | 22,921 current US$ per person | +1.7% |
| 2015 | 20,921 current US$ per person | -8.7% |
| 2016 | 24,301 current US$ per person | +16.2% |
| 2017 | 26,485 current US$ per person | +9.0% |
| 2018 | 24,923 current US$ per person | -5.9% |
| 2019 | 27,592 current US$ per person | +10.7% |
| 2020 | 24,467 current US$ per person | -11.3% |
| 2021 | 29,986 current US$ per person | +22.6% |
| 2022 | 32,558 current US$ per person | +8.6% |
| 2023 | 33,862 current US$ per person | +4.0% |
| 2024 | 32,559 current US$ per person | -3.8% |
| 2025 | 37,577 current US$ per person | +15.4% |
Faroe Islands compared with similar countries
- Faroe Islands's 37,577 current US$ per person is above the median for high income countries, which is 8,560 current US$ per person, 4.4× the median. (77 countries reporting)
- Faroe Islands's 37,577 current US$ per person is above the median for Europe & Central Asia, which is 8,276 current US$ per person, 4.5× the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 565.72 current US$ per person | 405.13 current US$ per person | 715.33 current US$ per person | 10 |
| 1970s | 2,183 current US$ per person | 888.45 current US$ per person | 3,473 current US$ per person | 10 |
| 1980s | 4,999 current US$ per person | 3,396 current US$ per person | 7,387 current US$ per person | 10 |
| 1990s | 8,832 current US$ per person | 7,036 current US$ per person | 10,366 current US$ per person | 10 |
| 2000s | 13,225 current US$ per person | 10,360 current US$ per person | 17,550 current US$ per person | 10 |
| 2010s | 22,740 current US$ per person | 17,244 current US$ per person | 27,592 current US$ per person | 10 |
| 2020s | 31,835 current US$ per person | 24,467 current US$ per person | 37,577 current US$ per person | 6 |
Countries ranked near Faroe Islands
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$), per unit of GDP 0.4389 current US$ per US$ of GDP (2024)
- Merchandise exports (current US$), annual growth rate 15.96 % change on previous year (2025)
- Merchandise imports (current US$), per capita 30,346 current US$ per person (2025)
Frequently asked questions
- What is merchandise exports (current us$), per capita in Faroe Islands?
- Merchandise exports (current us$), per capita in Faroe Islands was 37,577 current US$ per person in 2025, according to Statizoid (derived).
- What is the highest merchandise exports (current us$), per capita recorded in Faroe Islands?
- The highest recorded value was 37,577 current US$ per person in 2025.
- What is the lowest merchandise exports (current us$), per capita recorded in Faroe Islands?
- The lowest recorded value was 405.13 current US$ per person in 1961.
- How does Faroe Islands rank for merchandise exports (current us$), per capita?
- Faroe Islands ranks 9th out of 206 countries with data for 2025.
- Is merchandise exports (current us$), per capita rising or falling in Faroe Islands?
- Over the last ten years it is up 79.6%. 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$), per capita. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Merchandise exports (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Merchandise exports (current US$) ÷ Population, total
Computed from
- Merchandise exports World Trade Organization (WTO)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Merchandise exports (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.