Faroe Islands - Trade

Trade (% of GDP)

Trade (% of GDP) in Faroe Islands was 106.87 as of 2019. Its highest value over the past 21 years was 114.97 in 2012, while its lowest value was 86.00 in 1998.

Definition: Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1998 86.00
1999 96.83
2000 107.56
2001 100.59
2002 95.70
2003 102.90
2004 87.35
2005 95.18
2006 93.26
2007 100.29
2008 100.45
2009 89.38
2010 91.68
2011 104.49
2012 114.97
2013 110.51
2014 102.73
2015 101.60
2016 99.45
2017 105.97
2018 105.04
2019 106.87

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts