Faroe Islands Trade to GDP Ratio

Population Economy Trade Health Education Development Labor Force Environment Crime Immigration Other

Trade Balance Trade to GDP Ratio Exports Imports Foreign Direct Investment Tariff Rates Tourism Statistics

Faroe Islands trade to gdp ratio for 2023 was 113.34%, a 9.53% decline from 2022.
Faroe Islands trade to gdp ratio for 2022 was 122.86%, a 19.38% increase from 2021.
Faroe Islands trade to gdp ratio for 2021 was 103.49%, a 7.26% increase from 2020.

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product. The full historical dataset is available for download here: Faroe Islands Trade to GDP Ratio | Historical Data | 1962 - 2024.