Faroe Islands: Medium/long-term political risk (1=low, 7=high)
For that indicator, we provide data for the Faroe Islands from 2017 to 2019. The average value for the Faroe Islands during that period was 2 index points with a minimum of 2 index points in 2017 and a maximum of 2 index points in 2017.
The latest value from 2019 is 2 index points. For comparison, the world average in 2019 based on 224
countries is 4.3 index points.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Definition: The medium-/long-term political risk classification measures the likelihood of a risk caused by political and assimilated events connected to cross-border transactions with a risk horizon beyond 1 year. Credendo developed a quantitative model measuring especially the countries’ solvency. It combines an assessment of the economic and financial situation, an assessment of the political situation and a payment experience analysis for each country.
Countries are classified into seven categories: from 1 (low risk) to 7 (high risk).