Merchandise exports (current US$), per square kilometre in Faroe Islands
Faroe Islands: Merchandise exports (current US$), per square kilometre was 1.34 million current US$ per square kilometre in 2023. ◆ Volatile
Latest (2023)
1.34 million current US$ per square kilometre
Change on year
up 5.0%
World rank
33rd
of 206 countries
All-time high
1.34 million current US$ per square kilometre
in 2023
All-time low
10,029 current US$ per square kilometre
in 1961
Years of data
63
1961–2023
Merchandise exports (current US$), per square kilometre in Faroe Islands, 1961–2023
Source: Statizoid (derived). Measured in current US$ per square kilometre.
Analysis
Faroe Islands recorded 1.34 million current US$ per square kilometre for merchandise exports (current us$), per square kilometre in 2023. That is the highest value across all 63 years on record.
The figure is up 5.0% on the previous year and up 72.7% over ten years.
Over the whole period, merchandise exports (current us$), per square kilometre in Faroe Islands peaked at 1.34 million current US$ per square kilometre in 2023 and was at its lowest, 10,029 current US$ per square kilometre, in 1961.
That places Faroe Islands 33rd out of 206 countries with data for 2023, 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$), per square kilometre in Faroe Islands, year by year
| Year | current US$ per square kilometre | Change |
|---|---|---|
| 1961 | 10,029 current US$ per square kilometre | — |
| 1962 | 12,894 current US$ per square kilometre | +28.6% |
| 1963 | 14,327 current US$ per square kilometre | +11.1% |
| 1964 | 14,327 current US$ per square kilometre | +0.0% |
| 1965 | 18,625 current US$ per square kilometre | +30.0% |
| 1966 | 15,759 current US$ per square kilometre | -15.4% |
| 1967 | 18,625 current US$ per square kilometre | +18.2% |
| 1968 | 15,043 current US$ per square kilometre | -19.2% |
| 1969 | 17,192 current US$ per square kilometre | +14.3% |
| 1970 | 24,355 current US$ per square kilometre | +41.7% |
| 1971 | 27,221 current US$ per square kilometre | +11.8% |
| 1972 | 32,951 current US$ per square kilometre | +21.1% |
| 1973 | 56,590 current US$ per square kilometre | +71.7% |
| 1974 | 57,307 current US$ per square kilometre | +1.3% |
| 1975 | 58,023 current US$ per square kilometre | +1.2% |
| 1976 | 75,215 current US$ per square kilometre | +29.6% |
| 1977 | 103,152 current US$ per square kilometre | +37.1% |
| 1978 | 101,719 current US$ per square kilometre | -1.4% |
| 1979 | 103,152 current US$ per square kilometre | +1.4% |
| 1980 | 127,507 current US$ per square kilometre | +23.6% |
| 1981 | 121,060 current US$ per square kilometre | -5.1% |
| 1982 | 107,450 current US$ per square kilometre | -11.2% |
| 1983 | 121,777 current US$ per square kilometre | +13.3% |
| 1984 | 113,897 current US$ per square kilometre | -6.5% |
| 1985 | 128,223 current US$ per square kilometre | +12.6% |
| 1986 | 178,367 current US$ per square kilometre | +39.1% |
| 1987 | 247,135 current US$ per square kilometre | +38.6% |
| 1988 | 249,284 current US$ per square kilometre | +0.9% |
| 1989 | 247,851 current US$ per square kilometre | -0.6% |
| 1990 | 299,427 current US$ per square kilometre | +20.8% |
| 1991 | 311,605 current US$ per square kilometre | +4.1% |
| 1992 | 314,470 current US$ per square kilometre | +0.9% |
| 1993 | 234,241 current US$ per square kilometre | -25.5% |
| 1994 | 233,524 current US$ per square kilometre | -0.3% |
| 1995 | 259,312 current US$ per square kilometre | +11.0% |
| 1996 | 297,994 current US$ per square kilometre | +14.9% |
| 1997 | 277,937 current US$ per square kilometre | -6.7% |
| 1998 | 313,037 current US$ per square kilometre | +12.6% |
| 1999 | 335,244 current US$ per square kilometre | +7.1% |
| 2000 | 339,542 current US$ per square kilometre | +1.3% |
| 2001 | 368,195 current US$ per square kilometre | +8.4% |
| 2002 | 383,954 current US$ per square kilometre | +4.3% |
| 2003 | 425,501 current US$ per square kilometre | +10.8% |
| 2004 | 441,261 current US$ per square kilometre | +3.7% |
| 2005 | 429,083 current US$ per square kilometre | -2.8% |
| 2006 | 466,332 current US$ per square kilometre | +8.7% |
| 2007 | 534,384 current US$ per square kilometre | +14.6% |
| 2008 | 610,315 current US$ per square kilometre | +14.2% |
| 2009 | 545,845 current US$ per square kilometre | -10.6% |
| 2010 | 601,003 current US$ per square kilometre | +10.1% |
| 2011 | 722,063 current US$ per square kilometre | +20.1% |
| 2012 | 681,948 current US$ per square kilometre | -5.6% |
| 2013 | 778,653 current US$ per square kilometre | +14.2% |
| 2014 | 795,129 current US$ per square kilometre | +2.1% |
| 2015 | 732,808 current US$ per square kilometre | -7.8% |
| 2016 | 861,032 current US$ per square kilometre | +17.5% |
| 2017 | 952,006 current US$ per square kilometre | +10.6% |
| 2018 | 910,458 current US$ per square kilometre | -4.4% |
| 2019 | 1.02 million current US$ per square kilometre | +12.4% |
| 2020 | 941,435 current US$ per square kilometre | -8.0% |
| 2021 | 1.17 million current US$ per square kilometre | +23.9% |
| 2022 | 1.28 million current US$ per square kilometre | +9.8% |
| 2023 | 1.34 million current US$ per square kilometre | +5.0% |
Faroe Islands compared with similar countries
- Faroe Islands's 1.34 million current US$ per square kilometre is above the median for high income countries, which is 912,837 current US$ per square kilometre, 1.5× the median. (77 countries reporting)
- Faroe Islands's 1.34 million current US$ per square kilometre is above the median for Europe & Central Asia, which is 446,033 current US$ per square kilometre, 3.0× the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 15,202 current US$ per square kilometre | 10,029 current US$ per square kilometre | 18,625 current US$ per square kilometre | 9 |
| 1970s | 63,968 current US$ per square kilometre | 24,355 current US$ per square kilometre | 103,152 current US$ per square kilometre | 10 |
| 1980s | 164,255 current US$ per square kilometre | 107,450 current US$ per square kilometre | 249,284 current US$ per square kilometre | 10 |
| 1990s | 287,679 current US$ per square kilometre | 233,524 current US$ per square kilometre | 335,244 current US$ per square kilometre | 10 |
| 2000s | 454,441 current US$ per square kilometre | 339,542 current US$ per square kilometre | 610,315 current US$ per square kilometre | 10 |
| 2010s | 805,874 current US$ per square kilometre | 601,003 current US$ per square kilometre | 1.02 million current US$ per square kilometre | 10 |
| 2020s | 1.18 million current US$ per square kilometre | 941,435 current US$ per square kilometre | 1.34 million current US$ per square kilometre | 4 |
Countries ranked near Faroe Islands
- 30 Hungary 1.80 million current US$ per square kilometre compare
- 31 Trinidad and Tobago 1.53 million current US$ per square kilometre compare
- 32 Maldives 1.41 million current US$ per square kilometre compare
- 34 Poland 1.25 million current US$ per square kilometre compare
- 35 France 1.21 million current US$ per square kilometre compare
- 36 Seychelles 1.18 million current US$ per square kilometre 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$), annual growth rate 15.96 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports (current us$), per square kilometre in Faroe Islands?
- Merchandise exports (current us$), per square kilometre in Faroe Islands was 1.34 million current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest merchandise exports (current us$), per square kilometre recorded in Faroe Islands?
- The highest recorded value was 1.34 million current US$ per square kilometre in 2023.
- What is the lowest merchandise exports (current us$), per square kilometre recorded in Faroe Islands?
- The lowest recorded value was 10,029 current US$ per square kilometre in 1961.
- How does Faroe Islands rank for merchandise exports (current us$), per square kilometre?
- Faroe Islands ranks 33rd out of 206 countries with data for 2023.
- Is merchandise exports (current us$), per square kilometre rising or falling in Faroe Islands?
- Over the last ten years it is up 72.7%. 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$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 63 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Merchandise exports (current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Merchandise exports (current US$) ÷ Land area (sq. km)
Computed from
- Merchandise exports World Trade Organization (WTO)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Merchandise exports (current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.