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Faroe Islands · Current account (% GDP)

Faroe Islands Current account (% GDP)

The World Bank — World Development Indicators (CC BY 4.0) · updated 2011-12-31

Latest · 20117.75%
Previous · 20106.19%
Highest · 199820.27%
Lowest · 2007-3.44%

Faroe Islands's current account (% gdp) stands at 7.75% as of 2011-12-31, up from 6.19% in 2010. Historical data runs from 1998 to 2011 (14 observations).

Recent trend

In 2011, Faroe Islands's current account (% gdp) was 7.75%, up from 6.19% in 2010.

In 2010, Faroe Islands's current account (% gdp) was 6.19%, up from -1.07% in 2009.

In 2009, Faroe Islands's current account (% gdp) was -1.07%, up from -1.23% in 2008.

In 2008, Faroe Islands's current account (% gdp) was -1.23%, up from -3.44% in 2007.

In 2007, Faroe Islands's current account (% gdp) was -3.44%, down from 1.05% in 2006.

Faroe Islands Current account (% GDP) — historical data

YearValueChange
20117.75%+1.57%
20106.19%+7.26%
2009-1.07%+0.1552%
2008-1.23%+2.22%
2007-3.44%-4.5%
20061.05%-0.7192%
20051.77%-5.75%
20047.52%+7.96%
2003-0.4368%-10.3%
20029.86%-2.74%
200112.6%+3.31%
20009.3%-6.32%
199915.61%-4.66%
199820.27%

The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).

More Faroe Islands data

Frequently asked questions

What is Faroe Islands's current account (% gdp)?

Faroe Islands's current account (% gdp) is 7.75% as of 2011-12-31, compared with 6.19% in 2010. The World Bank — World Development Indicators (CC BY 4.0)

What was the highest current account (% gdp) in Faroe Islands?

The highest recorded value is 20.27% (1998); the lowest is -3.44% (2007), across data from 1998 to 2011.

Where does this data come from?

The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.