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

0250.0k500.0k750.0k1.0M1.2M196119922023

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 47 Tuvalu 1.43 million current US$ per square kilometre compare
  2. 48 Brunei Darussalam 1.42 million current US$ per square kilometre compare
  3. 49 Saint Kitts and Nevis 1.28 million current US$ per square kilometre compare
  4. 51 Portugal 1.24 million current US$ per square kilometre compare
  5. 52 Northern Mariana Islands 1.21 million current US$ per square kilometre compare
  6. 53 Poland 1.21 million current US$ per square kilometre compare

See the full ranking of 252 places →

More private sector data for Faroe Islands

All data for Faroe Islands →

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.

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Merchandise imports (current US$), per square kilometre in Faroe Islands. Statizoid, drawing on Statizoid (derived). Retrieved 21 August 2026, from https://private-sector.statizoid.com/stat/merchandise-imports-current-us-per-square-kilometre/faroe-islands/

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<a href="https://private-sector.statizoid.com/stat/merchandise-imports-current-us-per-square-kilometre/faroe-islands/">Merchandise imports (current US$), per square kilometre in Faroe Islands</a> — Statizoid

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

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$), per square kilometre
Unit
current US$ per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
252 places, 14,042 data points, 1961–2023
Last refreshed

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.