Merchandise imports from economies in the Arab World in Faroe Islands
Faroe Islands: Merchandise imports from economies in the Arab World was 0.1% in 2023. ◆ Volatile
Merchandise imports from economies in the Arab World in Faroe Islands, 1968–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
The most recent figure for merchandise imports from economies in the arab world in Faroe Islands is 0.1%, measured in 2023.
That represents a change of down 65.4% on the previous year and down 28.5% over ten years.
Over the whole period, merchandise imports from economies in the arab world in Faroe Islands peaked at 0.5% in 1975 and was at its lowest, 0.0%, in 1987.
Faroe Islands ranks 189th of 206 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports from economies in the Arab World in Faroe Islands, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1968 | 0.0% | — |
| 1969 | 0.0% | +37.9% |
| 1972 | 0.0% | -77.4% |
| 1974 | 0.1% | +1233.2% |
| 1975 | 0.5% | +362.5% |
| 1979 | 0.0% | -99.5% |
| 1985 | 0.0% | +226.3% |
| 1986 | 0.0% | -53.5% |
| 1987 | 0.0% | -68.0% |
| 1988 | 0.0% | +209.6% |
| 1997 | 0.3% | +7246.8% |
| 2000 | 0.0% | -92.1% |
| 2001 | 0.0% | +73.8% |
| 2002 | 0.1% | +38.5% |
| 2003 | 0.0% | -21.3% |
| 2004 | 0.1% | +57.4% |
| 2005 | 0.1% | +6.1% |
| 2006 | 0.1% | -21.1% |
| 2007 | 0.1% | +5.8% |
| 2008 | 0.1% | +47.6% |
| 2009 | 0.1% | +78.9% |
| 2010 | 0.1% | -22.3% |
| 2011 | 0.1% | -9.4% |
| 2012 | 0.1% | -12.9% |
| 2013 | 0.1% | +5.0% |
| 2014 | 0.1% | -3.0% |
| 2015 | 0.1% | +4.1% |
| 2016 | 0.1% | +5.2% |
| 2017 | 0.1% | +2.8% |
| 2018 | 0.1% | -12.0% |
| 2019 | 0.1% | -5.9% |
| 2020 | 0.1% | -0.9% |
| 2021 | 0.1% | -7.4% |
| 2022 | 0.2% | +149.4% |
| 2023 | 0.1% | -65.4% |
Faroe Islands compared with similar countries
- Faroe Islands's 0.1% is below the median for high income countries, which is 1.1%, 6% of the median. (74 countries reporting)
- Faroe Islands's 0.1% is below the median for Europe & Central Asia, which is 1.1%, 6% of the median. (53 countries reporting)
Biggest year-on-year movements
Years where Merchandise imports from economies in the Arab World in Faroe Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1997 | +7246.8% | 0.0% | 0.3% |
| 1974 | +1233.2% | 0.0% | 0.1% |
| 1975 | +362.5% | 0.1% | 0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0% | 0.0% | 0.0% | 2 |
| 1970s | 0.2% | 0.0% | 0.5% | 4 |
| 1980s | 0.0% | 0.0% | 0.0% | 4 |
| 1990s | 0.3% | 0.3% | 0.3% | 1 |
| 2000s | 0.1% | 0.0% | 0.1% | 10 |
| 2010s | 0.1% | 0.1% | 0.1% | 10 |
| 2020s | 0.1% | 0.1% | 0.2% | 4 |
Countries ranked near Faroe Islands
- 186 Greenland 0.1% compare
- 187 Kiribati 0.1% compare
- 188 Barbados 0.1% compare
- 190 San Marino 0.1% compare
- 191 Micronesia (country) 0.1% compare
- 192 Papua New Guinea 0.1% 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 from economies in the arab world in Faroe Islands?
- Merchandise imports from economies in the arab world in Faroe Islands was 0.1% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports from economies in the arab world recorded in Faroe Islands?
- The highest recorded value was 0.5% in 1975.
- What is the lowest merchandise imports from economies in the arab world recorded in Faroe Islands?
- The lowest recorded value was 0.0% in 1987.
- How does Faroe Islands rank for merchandise imports from economies in the arab world?
- Faroe Islands ranks 189th out of 206 countries with data for 2023.
- Is merchandise imports from economies in the arab world rising or falling in Faroe Islands?
- Over the last ten years it is down 28.5%. The long-run trend across the full record is volatile.
- Where does this Faroe Islands data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise imports from economies in the Arab World (% of total merchandise imports). Statizoid updates them automatically from the source API.
Download this data
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About this data
Merchandise imports from economies in the Arab World are the sum of merchandise imports by the reporting economy from economies in the Arab World. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.