Faroe Islands — Imports (% of GDP)
% of GDP · Annual · 1962–2024 · 63 observations
About this series
Imports of goods and services are the value of goods and services supplied by nonresidents to residents during the period. The series measures a flow, not a stock. This series expresses the aggregate as a percentage of GDP for the matching period.
The latest imports reading for the Faroe Islands was 51.2% of GDP in 2024. The previous reading was 56.1% of GDP in 2023; the period change was −4.94 percentage points. The latest reading was below the selected 10-year average of 52.9% of GDP.
Get the full series
- Annual data, 1962–2024
- All 3 sources, downloadable
Latest observations
2012–2024
| Period | Value |
|---|---|
| 2024 | 51.2 % of GDP |
| 2023 | 56.1 % of GDP |
| 2022 | 61.5 % of GDP |
| 2021 | 51.5 % of GDP |
| 2020 | 48.8 % of GDP |
8 earlier values, back to 2012
| 2019 | 52.9 % of GDP |
| 2018 | 54.1 % of GDP |
| 2017 | 50.9 % of GDP |
| 2016 | 50 % of GDP |
| 2015 | 52.4 % of GDP |
| 2014 | 52.7 % of GDP |
| 2013 | 58.6 % of GDP |
| 2012 | 64.6 % of GDP |