Import value index in Faroe Islands

Faroe Islands: Import value index was 165.1 2015 = 100 in 2024. ▲ Rising

Latest (2024)
165.1 2015 = 100
Change on year
down 12.4%
World rank
66th
of 204 countries
All-time high
188.4 2015 = 100
in 2023
All-time low
81.4 2015 = 100
in 2005
Years of data
20
2005–2024

Import value index in Faroe Islands, 2005–2024

0501001502002005201420242005: 81.4 2015 = 1002006: 86.7 2015 = 1002007: 111.8 2015 = 1002008: 108.5 2015 = 1002009: 86 2015 = 1002010: 86.1 2015 = 1002011: 109.2 2015 = 1002012: 126.6 2015 = 1002013: 122.4 2015 = 1002014: 115 2015 = 1002015: 100 2015 = 1002016: 107.9 2015 = 1002017: 121.2 2015 = 1002018: 135.7 2015 = 1002019: 135.8 2015 = 1002020: 138.4 2015 = 1002021: 163 2015 = 1002022: 184.9 2015 = 1002023: 188.4 2015 = 1002024: 165.1 2015 = 100

Source: UN Conference on Trade and Development (UNCTAD). Measured in 2015 = 100.

Analysis

In 2024, import value index in Faroe Islands stood at 165.1 2015 = 100.

That represents a change of down 12.4% on the previous year and up 43.6% over ten years.

Over the whole period, import value index in Faroe Islands peaked at 188.4 2015 = 100 in 2023 and was at its lowest, 81.4 2015 = 100, in 2005.

Faroe Islands ranks 66th of 204 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 20 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 94.88 2015 = 100 81.4 2015 = 100 111.8 2015 = 100 5
2010s 115.99 2015 = 100 86.1 2015 = 100 135.8 2015 = 100 10
2020s 167.96 2015 = 100 138.4 2015 = 100 188.4 2015 = 100 5

Countries ranked near Faroe Islands

  1. 63 Comoros 168.5 2015 = 100 compare
  2. 64 Paraguay 167.2 2015 = 100 compare
  3. 65 Indonesia 166 2015 = 100 compare
  4. 67 Czechia 164.8 2015 = 100 compare
  5. 68 Saint Vincent and the Grenadines 164.2 2015 = 100 compare
  6. 69 Vanuatu 164.1 2015 = 100 compare

See the full ranking of 205 places →

More private sector data for Faroe Islands

All data for Faroe Islands →

Frequently asked questions

What is import value index in Faroe Islands?
Import value index in Faroe Islands was 165.1 2015 = 100 in 2024, according to UN Conference on Trade and Development (UNCTAD).
What is the highest import value index recorded in Faroe Islands?
The highest recorded value was 188.4 2015 = 100 in 2023.
What is the lowest import value index recorded in Faroe Islands?
The lowest recorded value was 81.4 2015 = 100 in 2005.
How does Faroe Islands rank for import value index?
Faroe Islands ranks 66th out of 204 countries with data for 2024.
Is import value index rising or falling in Faroe Islands?
Over the last ten years it is up 43.6%. The long-run trend across the full record is rising.
Where does this Faroe Islands data come from?
The figures come from UN Conference on Trade and Development (UNCTAD), published as part of Import value index (2015 = 100). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Import value index (2015 = 100)
Unit
2015 = 100
Source
UN Conference on Trade and Development (UNCTAD)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
205 places, 4,084 data points, 2005–2024
Last refreshed

Import value indexes are the current value of imports (c.i.f.) converted to U.S. dollars and expressed as a percentage of the average for the base period (2015). UNCTAD's import value indexes are reported for most economies.