Faroe Islands — Current account
millions of LCU · Annual · 1998–2011 · 14 observations
About this series
The current account balance records a country's net transactions with the rest of the world in goods, services, primary income, and secondary income. A balance can be positive, negative, or zero.
In the Faroe Islands, the current account reading was 1.04B LCU in 2011, compared with 811.42M LCU in 2010. The period change was +231.74M LCU. The corresponding ratio to GDP was 7.75% in 2011.
Get the full series
- Annual data, 1998–2011
- The underlying source, downloadable
Latest observations
2002–2011
| Period | Value |
|---|---|
| 2011 | 1.04B LCU |
| 2010 | 811.42M LCU |
| 2009 | -132.07M LCU |
| 2008 | -155.90M LCU |
| 2007 | -438.60M LCU |
5 earlier values, back to 2002
| 2006 | 126.31M LCU |
| 2005 | 186.99M LCU |
| 2004 | 777.07M LCU |
| 2003 | -43.22M LCU |
| 2002 | 992.68M LCU |