Trade balance in low carbon technology products, US dollar in Faroe Islands
Faroe Islands: Trade balance in low carbon technology products, US dollar was -16.48 million in 2009. ▼ Falling
Trade balance in low carbon technology products, US dollar in Faroe Islands, 1996–2009
Source: International Monetary Fund.
Analysis
In 2009, trade balance in low carbon technology products, us dollar in Faroe Islands stood at -16.48 million.
That represents a change of up 33.6% on the previous year and down 83.1% over ten years.
Over the whole period, trade balance in low carbon technology products, us dollar in Faroe Islands peaked at -5.83 million in 1996 and was at its lowest, -24.91 million, in 2007.
That places Faroe Islands 29th out of 187 countries with data for 2009, putting it in the top quarter.
The long-run direction has been consistently falling across the 14 years of available data.
Trade balance in low carbon technology products, US dollar in Faroe Islands, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | -5.83 million | — |
| 1997 | -6.95 million | +19.0% |
| 1998 | -8.10 million | +16.6% |
| 1999 | -9.00 million | +11.1% |
| 2000 | -9.34 million | +3.8% |
| 2001 | -13.13 million | +40.6% |
| 2002 | -11.39 million | -13.3% |
| 2003 | -20.35 million | +78.6% |
| 2004 | -13.23 million | -35.0% |
| 2005 | -13.05 million | -1.4% |
| 2006 | -17.53 million | +34.3% |
| 2007 | -24.91 million | +42.1% |
| 2008 | -24.81 million | -0.4% |
| 2009 | -16.48 million | -33.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -7.47 million | -9.00 million | -5.83 million | 4 |
| 2000s | -16.42 million | -24.91 million | -9.34 million | 10 |
Countries ranked near Faroe Islands
- 26 Samoa -12.32 million compare
- 27 Saint Vincent and the Grenadines -15.32 million compare
- 28 Solomon Islands -16.41 million
- 30 Saint Lucia -18.11 million compare
- 31 East Timor -18.64 million compare
- 32 Grenada -20.30 million compare
More trade data for Faroe Islands
- Imports of low carbon technology products, US dollar (World), per 340.17 units per person (2009)
- Imports of low carbon technology products, US dollar (World), per 0.0072 units per US$ of GDP (2009)
- Exports of low carbon technology products, US dollar (World), gaps 121,554 (2009)
- Exports of low carbon technology products, US dollar (World), per 2.49 units per person (2009)
- Total trade in low carbon technology products, US dollar (World) 16.72 million (2009)
- Trade balance in low carbon technology products, US dollar (World) -16.48 million (2009)
- Exports of low carbon technology products, US dollar (World), per 0.0001 units per US$ of GDP (2009)
- Total trade in low carbon technology products, US dollar (World), per 342.66 units per person (2009)
- Total trade in low carbon technology products, US dollar (World), per 0.0073 units per US$ of GDP (2009)
- Imports of low carbon technology products, US dollar (World), gaps 16.60 million (2009)
Frequently asked questions
- What is trade balance in low carbon technology products, us dollar in Faroe Islands?
- Trade balance in low carbon technology products, us dollar in Faroe Islands was -16.48 million in 2009, according to International Monetary Fund.
- What is the highest trade balance in low carbon technology products, us dollar recorded in Faroe Islands?
- The highest recorded value was -5.83 million in 1996.
- What is the lowest trade balance in low carbon technology products, us dollar recorded in Faroe Islands?
- The lowest recorded value was -24.91 million in 2007.
- How does Faroe Islands rank for trade balance in low carbon technology products, us dollar?
- Faroe Islands ranks 29th out of 187 countries with data for 2009.
- Is trade balance in low carbon technology products, us dollar rising or falling in Faroe Islands?
- Over the last ten years it is down 83.1%. The long-run trend across the full record is falling.
- Where does this Faroe Islands data come from?
- The figures come from International Monetary Fund, published as part of Trade balance in low carbon technology products, US dollar (World). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
This dataset provides information on the bilateral trade flows of low-carbon technology products, as well as country and world aggregates . Low carbon technology products produce less pollution than their traditional energy counterparts, and will play a vital role in the transition to a low carbon economy. Low carbon technologies include mechanics like wind turbines, solar panels, biomass systems and carbon capture equipment.