(measure: billion U.S. dollars; Source: The World Bank)
* indicates monthly or quarterly data series
Faroe Islands: Imports of goods and services, billion USD
For that indicator, we provide data for the Faroe Islands from 1998 to 2015. The average value for the Faroe Islands during that period was 1.02 billion U.S. dollars with a minimum of 0.46 billion U.S. dollars in 1998 and a maximum of 1.5 billion U.S. dollars in 2013.
The latest value from 2015 is 1.27 billion U.S. dollars. For comparison, the world average in 2015 based on 178
countries is 113983454889.53 billion U.S. dollars.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.