Faroe Islands: Special transactions risk, (1=low, 7=high)
For that indicator, Credendo Group provides data for the Faroe Islands from 2017 to 2019. The average value for the Faroe Islands during that period was 1 index points with a minumum of 1 index points in 2017 and a maximum of 1 index points in 2017.
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Definition: The premium category set for political risk related to (special) cash transactions is based on Credendo’s classification for respectively short-term and medium-/long-term political risks related to credit transactions.
Countries are classified into seven categories: from 1 (low risk) to 7 (high risk).