EconomyThe World Bank — World Development Indicators (CC BY 4.0) · updated 2024-12-31
Faroe Islands's terms of trade stands at 101 as of 2024-12-31, down from 103.1 in 2023. Historical data runs from 2005 to 2024 (20 observations).
In 2024, Faroe Islands's terms of trade was 101, down from 103.1 in 2023.
In 2023, Faroe Islands's terms of trade was 103.1, down from 103.5 in 2022.
In 2022, Faroe Islands's terms of trade was 103.5, up from 102.9 in 2021.
In 2021, Faroe Islands's terms of trade was 102.9, up from 102.2 in 2020.
In 2020, Faroe Islands's terms of trade was 102.2, down from 105.4 in 2019.
| Year | Value | Change |
|---|---|---|
| 2024 | 101 | -2.1 |
| 2023 | 103.1 | -0.4 |
| 2022 | 103.5 | +0.6 |
| 2021 | 102.9 | +0.7 |
| 2020 | 102.2 | -3.2 |
| 2019 | 105.4 | +1.7 |
| 2018 | 103.7 | -0.2 |
| 2017 | 103.9 | +0.5 |
| 2016 | 103.4 | +3.4 |
| 2015 | 100 | +10.9 |
| 2014 | 89.1 | +3.9 |
| 2013 | 85.2 | +1.9 |
| 2012 | 83.3 | -4.7 |
| 2011 | 88 | -6.4 |
| 2010 | 94.4 | +3.8 |
| 2009 | 90.6 | +10 |
| 2008 | 80.6 | -5.6 |
| 2007 | 86.2 | +2.9 |
| 2006 | 83.3 | +6.4 |
| 2005 | 76.9 | — |
The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).
Faroe Islands's terms of trade is 101 as of 2024-12-31, compared with 103.1 in 2023. The World Bank — World Development Indicators (CC BY 4.0)
The highest recorded value is 105.4 (2019); the lowest is 76.9 (2005), across data from 2005 to 2024.
The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.