Current account balance in Faroe Islands
The current account balance of Faroe Islands was 7.8% of GDP in 2011. The value for 2011 is the highest since 2002.
The latest value for Faroe Islands is for 2011. Most countries have figures for 2024.
Faroe Islands, 2011
7.8%
Change from 2010
+1.6percentage points
Current account balance in Faroe Islands over time
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Faroe Islands
The chart loads when you scroll to it. The table below shows the same data.
The chart shows a calculation from the published values. The table below keeps the published values.
% of GDP. Source: World Bank, World Development Indicators. Gaps mean no published value; points are not joined across missing years.
| Period | Faroe Islands |
|---|---|
| 2011 | 7.8% |
| 2010 | 6.2% |
| 2009 | -1.1% |
| 2008 | -1.2% |
| 2007 | -3.4% |
| 2006 | 1.1% |
| 2005 | 1.8% |
| 2004 | 7.5% |
| 2003 | -0.4% |
| 2002 | 9.9% |
| 2001 | 12.6% |
A dash means no value was published for that period.
In short
- That is a change of +1.6 percentage points from 6.2% in 2010.
- Since 2001, when it was 12.6%, the figure has changed by −4.8 percentage points.