# Trade as a share of GDP in Faroe Islands

Trade as a share of GDP in Faroe Islands was 105.8% in 2024. Source: World Bank.

- Indicator id: `trade_share_gdp`
- Place id: `fo`
- Unit: %
- Definition: Sum of exports and imports of goods and services, as a percentage of GDP. World Bank series.
- Note: Can exceed 100%, because exports and imports are both counted against GDP, which is only value added. Small open economies with large re-export or transit trade reach several hundred percent.
- Source: World Bank, Trade, % of GDP (NE.TRD.GNFS.ZS) (https://data.worldbank.org/indicator/NE.TRD.GNFS.ZS)
- Publisher page: https://invokely.ai/en/publishers/world-bank
- Retrieved: 2026-10-11
- License: CC BY 4.0 (commercial and non-commercial reuse, attribution required)
- Citation: World Bank, World Development Indicators. Trade, % of GDP (NE.TRD.GNFS.ZS). https://data.worldbank.org/indicator/NE.TRD.GNFS.ZS. Retrieved 2026-10-11.
- Web page: https://invokely.ai/en/trade-share-gdp/faroe-islands
- API: https://invokely.ai/api/v1/series?indicator=trade_share_gdp&place=fo

| Period | % |
|---|---:|
| 2024 | 105.8 |
| 2023 | 113.3 |
| 2022 | 122.9 |
| 2021 | 103.5 |
| 2020 | 96.2 |
| 2019 | 108.6 |
| 2018 | 106.9 |
| 2017 | 107.2 |
| 2016 | 104.6 |
| 2015 | 105.6 |
| 2014 | 106.1 |
| 2013 | 114.1 |
| 2012 | 117.2 |
| 2011 | 105.8 |
| 2010 | 97.2 |
| 2009 | 96.9 |
| 2008 | 103.5 |
| 2007 | 99.5 |
| 2006 | 97.4 |
| 2005 | 101 |
| 2004 | 93.4 |
| 2003 | 108.3 |
| 2002 | 98.6 |
| 2001 | 104.9 |
| 2000 | 110.5 |
| 1999 | 100.5 |
| 1998 | 91.6 |
| 1997 | 97.6 |
| 1996 | 98.8 |
| 1995 | 75.7 |
| 1994 | 75.8 |
| 1993 | 72.7 |
| 1992 | 84.9 |
| 1991 | 81.7 |
| 1990 | 78.9 |
| 1989 | 79.9 |
| 1988 | 85.9 |
| 1987 | 93.1 |
| 1986 | 88 |
| 1985 | 93.9 |
| 1984 | 99.7 |
| 1983 | 84.6 |
| 1982 | 79.3 |
| 1981 | 83.5 |
| 1980 | 81.3 |
| 1979 | 79.5 |
| 1978 | 80.3 |
| 1977 | 84.9 |
| 1976 | 86.9 |
| 1975 | 85.3 |
| 1974 | 93.6 |
| 1973 | 90.6 |
| 1972 | 78.1 |
| 1971 | 78.8 |
| 1970 | 75.3 |
| 1969 | 79.3 |
| 1968 | 74.8 |
| 1967 | 79 |
| 1966 | 76.2 |
| 1965 | 87.5 |
| 1964 | 82.3 |
| 1963 | 86.1 |
| 1962 | 98.7 |