Faroe Islands Trade to GDP Ratio

Faroe Islands trade to gdp ratio for 2023 was 114.34%, a 10.2% decline from 2022.
  • Faroe Islands trade to gdp ratio for 2022 was 124.54%, a 20.06% increase from 2021.
  • Faroe Islands trade to gdp ratio for 2021 was 104.47%, a 8.25% increase from 2020.
  • Faroe Islands trade to gdp ratio for 2020 was 96.22%, a 12.4% decline from 2019.
Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.