Merchandise imports (current US$), per square kilometre in Faroe Islands
Faroe Islands: Merchandise imports (current US$), per square kilometre was 1.24 million current US$ per square kilometre in 2023. ◆ Volatile
Latest (2023)
1.24 million current US$ per square kilometre
Change on year
up 2.3%
World rank
50th
of 205 countries
All-time high
1.24 million current US$ per square kilometre
in 2023
All-time low
13,610 current US$ per square kilometre
in 1961
Years of data
63
1961–2023
Merchandise imports (current US$), per square kilometre in Faroe Islands, 1961–2023
Source: Statizoid (derived). Measured in current US$ per square kilometre.
Analysis
In 2023, merchandise imports (current us$), per square kilometre in Faroe Islands stood at 1.24 million current US$ per square kilometre. That is the highest value across all 63 years on record.
Compared with earlier readings it is up 2.3% on the previous year and up 55.7% over ten years.
Over the whole period, merchandise imports (current us$), per square kilometre in Faroe Islands peaked at 1.24 million current US$ per square kilometre in 2023 and was at its lowest, 13,610 current US$ per square kilometre, in 1961.
That places Faroe Islands 50th out of 205 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 imports (current US$), per square kilometre in Faroe Islands, year by year
| Year | current US$ per square kilometre | Change |
|---|---|---|
| 1961 | 13,610 current US$ per square kilometre | — |
| 1962 | 14,327 current US$ per square kilometre | +5.3% |
| 1963 | 14,327 current US$ per square kilometre | +0.0% |
| 1964 | 16,476 current US$ per square kilometre | +15.0% |
| 1965 | 18,625 current US$ per square kilometre | +13.0% |
| 1966 | 20,057 current US$ per square kilometre | +7.7% |
| 1967 | 19,341 current US$ per square kilometre | -3.6% |
| 1968 | 20,057 current US$ per square kilometre | +3.7% |
| 1969 | 23,639 current US$ per square kilometre | +17.9% |
| 1970 | 21,490 current US$ per square kilometre | -9.1% |
| 1971 | 29,370 current US$ per square kilometre | +36.7% |
| 1972 | 33,668 current US$ per square kilometre | +14.6% |
| 1973 | 48,711 current US$ per square kilometre | +44.7% |
| 1974 | 71,633 current US$ per square kilometre | +47.1% |
| 1975 | 80,946 current US$ per square kilometre | +13.0% |
| 1976 | 93,840 current US$ per square kilometre | +15.9% |
| 1977 | 108,883 current US$ per square kilometre | +16.0% |
| 1978 | 131,805 current US$ per square kilometre | +21.1% |
| 1979 | 146,132 current US$ per square kilometre | +10.9% |
| 1980 | 159,742 current US$ per square kilometre | +9.3% |
| 1981 | 153,295 current US$ per square kilometre | -4.0% |
| 1982 | 137,536 current US$ per square kilometre | -10.3% |
| 1983 | 170,487 current US$ per square kilometre | +24.0% |
| 1984 | 187,679 current US$ per square kilometre | +10.1% |
| 1985 | 177,650 current US$ per square kilometre | -5.3% |
| 1986 | 240,688 current US$ per square kilometre | +35.5% |
| 1987 | 367,478 current US$ per square kilometre | +52.7% |
| 1988 | 342,407 current US$ per square kilometre | -6.8% |
| 1989 | 247,851 current US$ per square kilometre | -27.6% |
| 1990 | 242,120 current US$ per square kilometre | -2.3% |
| 1991 | 217,049 current US$ per square kilometre | -10.4% |
| 1992 | 239,255 current US$ per square kilometre | +10.2% |
| 1993 | 156,877 current US$ per square kilometre | -34.4% |
| 1994 | 173,352 current US$ per square kilometre | +10.5% |
| 1995 | 225,645 current US$ per square kilometre | +30.2% |
| 1996 | 265,043 current US$ per square kilometre | +17.5% |
| 1997 | 256,447 current US$ per square kilometre | -3.2% |
| 1998 | 277,221 current US$ per square kilometre | +8.1% |
| 1999 | 336,676 current US$ per square kilometre | +21.4% |
| 2000 | 381,805 current US$ per square kilometre | +13.4% |
| 2001 | 358,166 current US$ per square kilometre | -6.2% |
| 2002 | 353,868 current US$ per square kilometre | -1.2% |
| 2003 | 528,653 current US$ per square kilometre | +49.4% |
| 2004 | 449,857 current US$ per square kilometre | -14.9% |
| 2005 | 532,235 current US$ per square kilometre | +18.3% |
| 2006 | 565,903 current US$ per square kilometre | +6.3% |
| 2007 | 727,794 current US$ per square kilometre | +28.6% |
| 2008 | 707,736 current US$ per square kilometre | -2.8% |
| 2009 | 560,888 current US$ per square kilometre | -20.7% |
| 2010 | 558,739 current US$ per square kilometre | -0.4% |
| 2011 | 707,020 current US$ per square kilometre | +26.5% |
| 2012 | 825,931 current US$ per square kilometre | +16.8% |
| 2013 | 798,711 current US$ per square kilometre | -3.3% |
| 2014 | 752,865 current US$ per square kilometre | -5.7% |
| 2015 | 651,862 current US$ per square kilometre | -13.4% |
| 2016 | 702,006 current US$ per square kilometre | +7.7% |
| 2017 | 787,966 current US$ per square kilometre | +12.2% |
| 2018 | 878,940 current US$ per square kilometre | +11.5% |
| 2019 | 879,656 current US$ per square kilometre | +0.1% |
| 2020 | 915,080 current US$ per square kilometre | +4.0% |
| 2021 | 1.08 million current US$ per square kilometre | +17.6% |
| 2022 | 1.22 million current US$ per square kilometre | +13.0% |
| 2023 | 1.24 million current US$ per square kilometre | +2.3% |
Faroe Islands compared with similar countries
- Faroe Islands's 1.24 million current US$ per square kilometre is below the median for high income countries, which is 1.71 million current US$ per square kilometre, 73% of the median. (77 countries reporting)
- Faroe Islands's 1.24 million current US$ per square kilometre is above the median for Europe & Central Asia, which is 534,940 current US$ per square kilometre, 2.3× the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 17,829 current US$ per square kilometre | 13,610 current US$ per square kilometre | 23,639 current US$ per square kilometre | 9 |
| 1970s | 76,648 current US$ per square kilometre | 21,490 current US$ per square kilometre | 146,132 current US$ per square kilometre | 10 |
| 1980s | 218,481 current US$ per square kilometre | 137,536 current US$ per square kilometre | 367,478 current US$ per square kilometre | 10 |
| 1990s | 238,968 current US$ per square kilometre | 156,877 current US$ per square kilometre | 336,676 current US$ per square kilometre | 10 |
| 2000s | 516,690 current US$ per square kilometre | 353,868 current US$ per square kilometre | 727,794 current US$ per square kilometre | 10 |
| 2010s | 754,370 current US$ per square kilometre | 558,739 current US$ per square kilometre | 879,656 current US$ per square kilometre | 10 |
| 2020s | 1.11 million current US$ per square kilometre | 915,080 current US$ per square kilometre | 1.24 million current US$ per square kilometre | 4 |
Countries ranked near Faroe Islands
- 47 Tuvalu 1.43 million current US$ per square kilometre compare
- 48 Brunei 1.42 million current US$ per square kilometre compare
- 49 Saint Kitts and Nevis 1.28 million current US$ per square kilometre compare
- 51 Portugal 1.24 million current US$ per square kilometre compare
- 52 Northern Mariana Islands 1.21 million current US$ per square kilometre compare
- 53 Poland 1.21 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$), annual growth rate 15.96 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports (current us$), per square kilometre in Faroe Islands?
- Merchandise imports (current us$), per square kilometre in Faroe Islands was 1.24 million current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest merchandise imports (current us$), per square kilometre recorded in Faroe Islands?
- The highest recorded value was 1.24 million current US$ per square kilometre in 2023.
- What is the lowest merchandise imports (current us$), per square kilometre recorded in Faroe Islands?
- The lowest recorded value was 13,610 current US$ per square kilometre in 1961.
- How does Faroe Islands rank for merchandise imports (current us$), per square kilometre?
- Faroe Islands ranks 50th out of 205 countries with data for 2023.
- Is merchandise imports (current us$), per square kilometre rising or falling in Faroe Islands?
- Over the last ten years it is up 55.7%. 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 imports (current US$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 63 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Merchandise imports (current US$) 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 imports (current US$) ÷ Land area (sq. km)
Computed from
- Merchandise imports World Trade Organization (WTO)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Merchandise imports (current US$) 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.