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Faroe Islands · Imports (% GDP)

Faroe Islands Imports (% GDP)

The World Bank — World Development Indicators (CC BY 4.0) · updated 2024-12-31

Latest · 202451.2%
Previous · 202356.14%
Highest · 201264.6%
Lowest · 199328.9%

Faroe Islands's imports (% gdp) stands at 51.2% as of 2024-12-31, down from 56.14% in 2023. Historical data runs from 1962 to 2024 (63 observations).

Recent trend

In 2024, Faroe Islands's imports (% gdp) was 51.2%, down from 56.14% in 2023.

In 2023, Faroe Islands's imports (% gdp) was 56.14%, down from 61.49% in 2022.

In 2022, Faroe Islands's imports (% gdp) was 61.49%, up from 51.51% in 2021.

In 2021, Faroe Islands's imports (% gdp) was 51.51%, up from 48.8% in 2020.

In 2020, Faroe Islands's imports (% gdp) was 48.8%, down from 52.85% in 2019.

Faroe Islands Imports (% GDP) — historical data

YearValueChange
202451.2%-4.95%
202356.14%-5.35%
202261.49%+9.98%
202151.51%+2.71%
202048.8%-4.06%
201952.85%-1.2%
201854.06%+3.18%
201750.87%+0.8572%
201650.02%-2.38%
201552.39%-0.3341%
201452.73%-5.89%
201358.62%-5.98%
201264.6%+11.19%
201153.41%+2.95%
201050.46%-2.74%
200953.2%-4.32%
200857.52%+0.1449%
200757.38%+1.78%
200655.6%-3.32%
200558.92%+9.2%
200449.71%-11.77%
200361.49%+11.93%
200249.56%-3.78%
200153.34%-5.87%
200059.21%+7.48%
199951.73%+6.77%
199844.96%-3.93%
199748.89%-0.0302%
199648.92%+13.95%
199534.97%+2.79%
199432.18%+3.28%
199328.9%-7.57%
199236.47%+3.18%
199133.29%-1.76%
199035.05%-4.64%
198939.69%-9.71%
198849.4%-3.91%
198753.31%+1.79%
198651.52%-2.51%
198554.04%-7.6%
198461.64%+12.22%
198349.42%+3.84%
198245.58%-1.38%
198146.96%+1.91%
198045.05%-0.8361%
197945.89%+0.9447%
197844.94%+1.32%
197743.62%-4.67%
197648.29%-1.55%
197549.84%-3.26%
197453.1%+10.83%
197342.27%+3%
197239.27%-1.64%
197140.92%+5.06%
197035.86%-8.74%
196944.6%+1.36%
196843.24%+2.8%
196740.44%-3.45%
196643.88%-1.66%
196545.54%-0.0623%
196445.6%+1.16%
196344.44%-7.77%
196252.21%

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 imports (% gdp)?

Faroe Islands's imports (% gdp) is 51.2% as of 2024-12-31, compared with 56.14% in 2023. The World Bank — World Development Indicators (CC BY 4.0)

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

The highest recorded value is 64.6% (2012); the lowest is 28.9% (1993), across data from 1962 to 2024.

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.