Services, Debit/Expenditure in Faroe Islands

Faroe Islands: Services, Debit/Expenditure was 394.20 million in 2011. β–² Rising

Latest (2011)
394.20 million
Change on year
up 7.7%
World rank
171st
of 198 countries
All-time high
394.20 million
in 2011
All-time low
229.78 million
in 2005
Years of data
7
2005–2011

Services, Debit/Expenditure in Faroe Islands, 2005–2011

0100.0M200.0M300.0M400.0M2005200820112005: 229.8M2006: 274.1M2007: 359.2M2008: 381.9M2009: 342.6M2010: 366.1M2011: 394.2M

Source: International Monetary Fund.

Analysis

The most recent figure for services, debit/expenditure in Faroe Islands is 394.20 million, measured in 2011. That is the highest value across all 7 years on record.

The figure is up 7.7% on the previous year and up 71.6% over ten years.

Faroe Islands ranks 171st of 198 countries on this measure, in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2000s 317.52 million 229.78 million 381.87 million 5
2010s 380.16 million 366.12 million 394.20 million 2

Countries ranked near Faroe Islands

  1. 168 Timor-Leste, Democratic Republic of 432.29 million compare
  2. 169 Grenada 428.76 million compare
  3. 170 Lesotho, Kingdom of 415.00 million compare
  4. 172 French Polynesia 384.04 million compare
  5. 173 Belize 362.46 million compare
  6. 174 Burundi 360.90 million compare

See the full ranking of 207 places β†’

More trade data for Faroe Islands

All data for Faroe Islands β†’

Frequently asked questions

What is services, debit/expenditure in Faroe Islands?
Services, debit/expenditure in Faroe Islands was 394.20 million in 2011, according to International Monetary Fund.
What is the highest services, debit/expenditure recorded in Faroe Islands?
The highest recorded value was 394.20 million in 2011.
What is the lowest services, debit/expenditure recorded in Faroe Islands?
The lowest recorded value was 229.78 million in 2005.
How does Faroe Islands rank for services, debit/expenditure?
Faroe Islands ranks 171st out of 198 countries with data for 2011.
Is services, debit/expenditure rising or falling in Faroe Islands?
Over the last ten years it is up 71.6%. The long-run trend across the full record is rising.
Where does this Faroe Islands data come from?
The figures come from International Monetary Fund, published as part of Services, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.

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Services, Debit/Expenditure in Faroe Islands. Statizoid, drawing on International Monetary Fund. Retrieved 18 August 2026, from https://trade.statizoid.com/stat/services-debit-expenditure-us-dollar/faroe-islands/

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About this data

Indicator
Services, Debit/Expenditure (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
207 places, 3,864 data points, 2005–2024
Last refreshed

The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.