Current account balance (World Bank) in the Faroe Islands in 2011 — 7.75%. Ranked 22 in the world out of 187. Since 1998, the indicator has fallen by 12.52 pp.
1998–2011 · % of GDP
How the value compares with the world and the groups this territory belongs to: Faroe Islands
| Year | % | Change, pp |
|---|---|---|
| 2011 | 7.75 | +1.57 pp |
| 2010 | 6.19 | +7.26 pp |
| 2009 | -1.07 | +0.16 pp |
| 2008 | -1.23 | +2.22 pp |
| 2007 | -3.44 | −4.5 pp |
| 2006 | 1.05 | −0.72 pp |
| 2005 | 1.77 | −5.75 pp |
| 2004 | 7.52 | +7.96 pp |
| 2003 | -0.44 | −10.3 pp |
| 2002 | 9.86 | −2.74 pp |
| 2001 | 12.6 | +3.31 pp |
| 2000 | 9.3 | −6.32 pp |
| 1999 | 15.61 | −4.66 pp |
| 1998 | 20.27 | — |
The same indicator for neighboring countries — with links to their pages
The current account balance of the balance of payments as a percent of GDP from World Bank data. It duplicates the IMF indicator in meaning but rests on a different source and carries no forecast part — useful for cross-checking: noticeable divergences between the two series usually point to a revision of the statistics.
Source: World Development Indicators (World Bank), license CC BY 4.0.
