Import value index in Faroe Islands
Faroe Islands: Import value index was 165.1 2015 = 100 in 2024. ▲ Rising
Import value index in Faroe Islands, 2005–2024
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
| Decade | Average | Lowest | Highest | 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
More private sector data for Faroe Islands
- Merchandise trade 80.8% (2024)
- Merchandise exports 2.06 billion current US$ (2025)
- Food imports 17.1% (2009)
- Manufactures exports 7.4% (2009)
- Manufactures imports 62.3% (2009)
- Food exports 88.0% (2009)
- Merchandise imports 1.67 billion current US$ (2025)
- Commercial service exports 206.81 million current US$ (2011)
- Transport services 23.8% (2011)
- Computer, communications and other services 50.9% (2011)
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
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.