Faroe Islands Current Account Balance
Current account balance as % of GDP BN.CAB.XOKA.GD.ZS
Overview
Faroe Islands's current account balance stood at 7.75% in 2011, a rise of +1.57% from 2010. Faroe Islands ranked 169th globally.
Data & projection
| Year | Current Account Balance | YoY change | Rank |
|---|---|---|---|
| 2011 | 7.75% | +1.57% | #169 |
| 2010 | 6.19% | +7.26% | #167 |
| 2009 | -1.07% | +0.16% | #123 |
| 2008 | -1.23% | +2.22% | #122 |
| 2007 | -3.44% | −4.50% | #101 |
| 2006 | 1.05% | −0.72% | #119 |
| 2005 | 1.77% | −5.75% | #134 |
| 2004 | 7.52% | +7.96% | #167 |
| 2003 | -0.44% | −10.30% | #116 |
| 2002 | 9.86% | −2.74% | #180 |
| 2001 | 12.60% | +3.31% | #178 |
| 2000 | 9.30% | −6.32% | #162 |
| 1999 | 15.61% | −4.66% | #174 |
| 1998 | 20.27% | – | #176 |
Analysis
Faroe Islands's current account balance was 7.75% in 2011, a rise of +1.57% from 2010.
Frequently Asked Questions
Faroe Islands's current account balance was 7.75% in 2011. Ranked 169th globally. This represents a 25.3% increase from the previous year.
Faroe Islands's current account balance peaked at 20.27% in 1998.
The lowest current account balance in Faroe Islands was -3.44% in 2007.
Faroe Islands ranks 169th globally in current account balance as of 2011.
The World Bank indicator code is BN.CAB.XOKA.GD.ZS. Data sourced from World Bank.
The current account balance of Faroe Islands in 2011 was 7.75%. This ranks 169th in the world.
Cite this page
@misc{historysaid_faroe-islands_current-account,
title = {Faroe Islands Current Account Balance},
url = {https://historysaid.com/faroe-islands/current-account},
publisher = {HistorySaid},
year = {2026}
}