Faroe Islands — Current Account Balance (% of GDP)

Explore the annual trends, visual insights, projections, and comparisons with similar countries.

Statistical Overview
Year Current Account Balance (% of GDP) YoY Change YoY % Change
2011 7.75 - -
2010 6.19 +1.57 +20.21%
2009 -1.07 +7.26 +117.34%
2008 -1.23 +0.16 -14.46%
2007 -3.44 +2.22 -180.47%
Key Metrics

Max: 20.27 (1998)

Min: -3.44 (2007)

Key Economic Figures

Population
53,270
2023 • 0.05327M
GDP (Nominal)
$3.56B
2022 • $66,753 per capita
Area
12,960 km²
2022 • 12,960 km²