Merchandise imports (current US$), per capita in Faroe Islands
Faroe Islands: Merchandise imports (current US$), per capita was 30,346 current US$ per person in 2025. ◆ Volatile
Latest (2025)
30,346 current US$ per person
Change on year
up 10.9%
World rank
9th
of 206 countries
All-time high
31,325 current US$ per person
in 2023
All-time low
439.54 current US$ per person
in 1960
Years of data
66
1960–2025
Merchandise imports (current US$), per capita in Faroe Islands, 1960–2025
Source: Statizoid (derived). Measured in current US$ per person.
Analysis
In 2025, merchandise imports (current us$), per capita in Faroe Islands stood at 30,346 current US$ per person.
The figure is up 10.9% on the previous year and up 63.1% over ten years.
Over the whole period, merchandise imports (current us$), per capita in Faroe Islands peaked at 31,325 current US$ per person in 2023 and was at its lowest, 439.54 current US$ per person, in 1960.
That places Faroe Islands 9th out of 206 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports (current US$), per capita in Faroe Islands, year by year
| Year | current US$ per person | Change |
|---|---|---|
| 1960 | 439.54 current US$ per person | — |
| 1961 | 549.82 current US$ per person | +25.1% |
| 1962 | 572.03 current US$ per person | +4.0% |
| 1963 | 565.12 current US$ per person | -1.2% |
| 1964 | 641.62 current US$ per person | +13.5% |
| 1965 | 715.33 current US$ per person | +11.5% |
| 1966 | 760.54 current US$ per person | +6.3% |
| 1967 | 725.77 current US$ per person | -4.6% |
| 1968 | 745.47 current US$ per person | +2.7% |
| 1969 | 870.55 current US$ per person | +16.8% |
| 1970 | 783.92 current US$ per person | -10.0% |
| 1971 | 1,059 current US$ per person | +35.1% |
| 1972 | 1,200 current US$ per person | +13.3% |
| 1973 | 1,716 current US$ per person | +43.0% |
| 1974 | 2,493 current US$ per person | +45.3% |
| 1975 | 2,785 current US$ per person | +11.7% |
| 1976 | 3,194 current US$ per person | +14.7% |
| 1977 | 3,665 current US$ per person | +14.8% |
| 1978 | 4,384 current US$ per person | +19.6% |
| 1979 | 4,798 current US$ per person | +9.4% |
| 1980 | 5,177 current US$ per person | +7.9% |
| 1981 | 4,905 current US$ per person | -5.3% |
| 1982 | 4,347 current US$ per person | -11.4% |
| 1983 | 5,328 current US$ per person | +22.6% |
| 1984 | 5,804 current US$ per person | +8.9% |
| 1985 | 5,426 current US$ per person | -6.5% |
| 1986 | 7,283 current US$ per person | +34.2% |
| 1987 | 10,984 current US$ per person | +50.8% |
| 1988 | 10,094 current US$ per person | -8.1% |
| 1989 | 7,214 current US$ per person | -28.5% |
| 1990 | 7,080 current US$ per person | -1.9% |
| 1991 | 6,386 current US$ per person | -9.8% |
| 1992 | 7,063 current US$ per person | +10.6% |
| 1993 | 4,712 current US$ per person | -33.3% |
| 1994 | 5,414 current US$ per person | +14.9% |
| 1995 | 7,223 current US$ per person | +33.4% |
| 1996 | 8,490 current US$ per person | +17.5% |
| 1997 | 8,112 current US$ per person | -4.5% |
| 1998 | 8,663 current US$ per person | +6.8% |
| 1999 | 10,411 current US$ per person | +20.2% |
| 2000 | 11,649 current US$ per person | +11.9% |
| 2001 | 10,722 current US$ per person | -8.0% |
| 2002 | 10,436 current US$ per person | -2.7% |
| 2003 | 15,365 current US$ per person | +47.2% |
| 2004 | 12,980 current US$ per person | -15.5% |
| 2005 | 15,364 current US$ per person | +18.4% |
| 2006 | 16,344 current US$ per person | +6.4% |
| 2007 | 21,001 current US$ per person | +28.5% |
| 2008 | 20,351 current US$ per person | -3.1% |
| 2009 | 16,048 current US$ per person | -21.1% |
| 2010 | 16,031 current US$ per person | -0.1% |
| 2011 | 20,333 current US$ per person | +26.8% |
| 2012 | 23,877 current US$ per person | +17.4% |
| 2013 | 23,111 current US$ per person | -3.2% |
| 2014 | 21,703 current US$ per person | -6.1% |
| 2015 | 18,610 current US$ per person | -14.2% |
| 2016 | 19,813 current US$ per person | +6.5% |
| 2017 | 21,922 current US$ per person | +10.6% |
| 2018 | 24,060 current US$ per person | +9.8% |
| 2019 | 23,711 current US$ per person | -1.5% |
| 2020 | 23,782 current US$ per person | +0.3% |
| 2021 | 27,660 current US$ per person | +16.3% |
| 2022 | 30,907 current US$ per person | +11.7% |
| 2023 | 31,325 current US$ per person | +1.4% |
| 2024 | 27,361 current US$ per person | -12.7% |
| 2025 | 30,346 current US$ per person | +10.9% |
Faroe Islands compared with similar countries
- Faroe Islands's 30,346 current US$ per person is above the median for high income countries, which is 12,944 current US$ per person, 2.3× the median. (77 countries reporting)
- Faroe Islands's 30,346 current US$ per person is above the median for Europe & Central Asia, which is 11,552 current US$ per person, 2.6× the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 658.58 current US$ per person | 439.54 current US$ per person | 870.55 current US$ per person | 10 |
| 1970s | 2,608 current US$ per person | 783.92 current US$ per person | 4,798 current US$ per person | 10 |
| 1980s | 6,656 current US$ per person | 4,347 current US$ per person | 10,984 current US$ per person | 10 |
| 1990s | 7,355 current US$ per person | 4,712 current US$ per person | 10,411 current US$ per person | 10 |
| 2000s | 15,026 current US$ per person | 10,436 current US$ per person | 21,001 current US$ per person | 10 |
| 2010s | 21,317 current US$ per person | 16,031 current US$ per person | 24,060 current US$ per person | 10 |
| 2020s | 28,563 current US$ per person | 23,782 current US$ per person | 31,325 current US$ per person | 6 |
Countries ranked near Faroe Islands
- 6 Belgium 45,027 current US$ per person compare
- 7 Slovenia 43,419 current US$ per person compare
- 8 Luxembourg 41,008 current US$ per person compare
- 10 Sint Maarten (Dutch part) 29,643 current US$ per person compare
- 11 Ireland 29,031 current US$ per person compare
- 12 Iceland 27,890 current US$ per person 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$), annual growth rate 15.96 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports (current us$), per capita in Faroe Islands?
- Merchandise imports (current us$), per capita in Faroe Islands was 30,346 current US$ per person in 2025, according to Statizoid (derived).
- What is the highest merchandise imports (current us$), per capita recorded in Faroe Islands?
- The highest recorded value was 31,325 current US$ per person in 2023.
- What is the lowest merchandise imports (current us$), per capita recorded in Faroe Islands?
- The lowest recorded value was 439.54 current US$ per person in 1960.
- How does Faroe Islands rank for merchandise imports (current us$), per capita?
- Faroe Islands ranks 9th out of 206 countries with data for 2025.
- Is merchandise imports (current us$), per capita rising or falling in Faroe Islands?
- Over the last ten years it is up 63.1%. 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$), per capita. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Merchandise imports (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Merchandise imports (current US$) ÷ Population, total
Computed from
- Merchandise imports World Trade Organization (WTO)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Merchandise imports (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.