Merchandise imports (current US$), annual growth rate in Faroe Islands

Faroe Islands: Merchandise imports (current US$), annual growth rate was 11.44 % change on previous year in 2025. ◆ Volatile

Latest (2025)
11.44 % change on previous year
Change on year
up 193.3%
World rank
55th
of 206 countries
All-time high
52.68 % change on previous year
in 1987
All-time low
-34.43 % change on previous year
in 1993
Years of data
65
1961–2025

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

-40-200204060196119932025

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Faroe Islands recorded 11.44 % change on previous year for merchandise imports (current us$), annual growth rate in 2025.

The figure is up 193.3% on the previous year and up 185.3% over ten years.

Over the whole period, merchandise imports (current us$), annual growth rate in Faroe Islands peaked at 52.68 % change on previous year in 1987 and was at its lowest, -34.43 % change on previous year, in 1993.

Faroe Islands ranks 55th of 206 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Merchandise imports (current US$), annual growth rate in Faroe Islands, year by year

Annual values for Merchandise imports (current US$), annual growth rate in Faroe Islands, 1961 to 2025.
Year % change on previous year Change
1961 26.67 % change on previous year
1962 5.26 % change on previous year -80.3%
1963 0 % change on previous year -100.0%
1964 15 % change on previous year
1965 13.04 % change on previous year -13.0%
1966 7.69 % change on previous year -41.0%
1967 -3.57 % change on previous year -146.4%
1968 3.7 % change on previous year -203.7%
1969 17.86 % change on previous year +382.1%
1970 -9.09 % change on previous year -150.9%
1971 36.67 % change on previous year -503.3%
1972 14.63 % change on previous year -60.1%
1973 44.68 % change on previous year +205.3%
1974 47.06 % change on previous year +5.3%
1975 13 % change on previous year -72.4%
1976 15.93 % change on previous year +22.5%
1977 16.03 % change on previous year +0.6%
1978 21.05 % change on previous year +31.3%
1979 10.87 % change on previous year -48.4%
1980 9.31 % change on previous year -14.3%
1981 -4.04 % change on previous year -143.3%
1982 -10.28 % change on previous year +154.7%
1983 23.96 % change on previous year -333.0%
1984 10.08 % change on previous year -57.9%
1985 -5.34 % change on previous year -153.0%
1986 35.48 % change on previous year -764.1%
1987 52.68 % change on previous year +48.5%
1988 -6.82 % change on previous year -113.0%
1989 -27.62 % change on previous year +304.8%
1990 -2.31 % change on previous year -91.6%
1991 -10.36 % change on previous year +347.9%
1992 10.23 % change on previous year -198.8%
1993 -34.43 % change on previous year -436.5%
1994 10.5 % change on previous year -130.5%
1995 30.17 % change on previous year +187.2%
1996 17.46 % change on previous year -42.1%
1997 -3.24 % change on previous year -118.6%
1998 8.1 % change on previous year -349.8%
1999 21.45 % change on previous year +164.8%
2000 13.4 % change on previous year -37.5%
2001 -6.19 % change on previous year -146.2%
2002 -1.2 % change on previous year -80.6%
2003 49.39 % change on previous year -4216.1%
2004 -14.91 % change on previous year -130.2%
2005 18.31 % change on previous year -222.9%
2006 6.33 % change on previous year -65.5%
2007 28.61 % change on previous year +352.2%
2008 -2.76 % change on previous year -109.6%
2009 -20.75 % change on previous year +652.9%
2010 -0.3831 % change on previous year -98.2%
2011 26.54 % change on previous year -7026.5%
2012 16.82 % change on previous year -36.6%
2013 -3.3 % change on previous year -119.6%
2014 -5.74 % change on previous year +74.2%
2015 -13.42 % change on previous year +133.7%
2016 7.69 % change on previous year -157.3%
2017 12.24 % change on previous year +59.2%
2018 11.55 % change on previous year -5.7%
2019 0.0815 % change on previous year -99.3%
2020 1.79 % change on previous year +2098.2%
2021 17.92 % change on previous year +900.3%
2022 13.03 % change on previous year -27.3%
2023 2.28 % change on previous year -82.5%
2024 -12.27 % change on previous year -637.7%
2025 11.44 % change on previous year -193.3%

Averages by decade

DecadeAverage LowestHighest Years
1960s 9.52 % change on previous year -3.57 % change on previous year 26.67 % change on previous year 9
1970s 21.08 % change on previous year -9.09 % change on previous year 47.06 % change on previous year 10
1980s 7.74 % change on previous year -27.62 % change on previous year 52.68 % change on previous year 10
1990s 4.76 % change on previous year -34.43 % change on previous year 30.17 % change on previous year 10
2000s 7.02 % change on previous year -20.75 % change on previous year 49.39 % change on previous year 10
2010s 5.21 % change on previous year -13.42 % change on previous year 26.54 % change on previous year 10
2020s 5.7 % change on previous year -12.27 % change on previous year 17.92 % change on previous year 6

Countries ranked near Faroe Islands

  1. 52 Serbia 11.79 % change on previous year compare
  2. 53 Bahamas 11.65 % change on previous year compare
  3. 54 Iceland 11.57 % change on previous year compare
  4. 56 Saint Kitts and Nevis 11.41 % change on previous year compare
  5. 57 Paraguay 11.16 % change on previous year compare
  6. 58 Marshall Islands 11 % change on previous year compare

See the full ranking of 253 places →

More private sector data for Faroe Islands

All data for Faroe Islands →

Frequently asked questions

What is merchandise imports (current us$), annual growth rate in Faroe Islands?
Merchandise imports (current us$), annual growth rate in Faroe Islands was 11.44 % change on previous year in 2025, according to Statizoid (derived).
What is the highest merchandise imports (current us$), annual growth rate recorded in Faroe Islands?
The highest recorded value was 52.68 % change on previous year in 1987.
What is the lowest merchandise imports (current us$), annual growth rate recorded in Faroe Islands?
The lowest recorded value was -34.43 % change on previous year in 1993.
How does Faroe Islands rank for merchandise imports (current us$), annual growth rate?
Faroe Islands ranks 55th out of 206 countries with data for 2025.
Is merchandise imports (current us$), annual growth rate rising or falling in Faroe Islands?
Over the last ten years it is up 185.3%. 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 imports (current US$), annual growth rate. Statizoid updates them automatically from the source API.

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Merchandise imports (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-imports-current-us-annual-growth-rate/faroe-islands/

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How this figure is calculated

The year-on-year percentage change in Merchandise imports (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 imports (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
253 places, 14,588 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Merchandise imports (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.