Faroe Islands: Trade openness
(measure: percent; Source: The World Bank)
* indicates monthly or quarterly data series
Faroe Islands: Trade openness: exports plus imports as percent of GDP
: 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 98.97 percent with a minimum of 86 percent in 1998 and a maximum of 114.97 percent in 2012. The latest value from 2015 is 101.6 percent. For comparison, the world average in 2015 based on 178 countries is 90.98 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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Definition: Exports plus imports as percent of GDP.
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