09_Insured export credit exposures, Berne Union, per square kilometre in Faroe Islands

Faroe Islands: 09_Insured export credit exposures, Berne Union, per square kilometre was 319,708 units per square kilometre in 2023. ◆ Volatile

Latest (2023)
319,708 units per square kilometre
Change on year
down 0.9%
World rank
40th
of 210 countries
All-time high
349,635 units per square kilometre
in 2021
All-time low
22,923 units per square kilometre
in 2006
Years of data
19
2005–2023

09_Insured export credit exposures, Berne Union, per square kilometre in Faroe Islands, 2005–2023

0100.0k200.0k300.0k2005201420232005: 23.6k units per square kilometre2006: 22.9k units per square kilometre2007: 33.7k units per square kilometre2008: 41.5k units per square kilometre2009: 30.8k units per square kilometre2010: 27.9k units per square kilometre2011: 41.5k units per square kilometre2012: 77.4k units per square kilometre2013: 60.9k units per square kilometre2014: 82.4k units per square kilometre2015: 77.4k units per square kilometre2016: 123.2k units per square kilometre2017: 120.3k units per square kilometre2018: 157.6k units per square kilometre2019: 125.4k units per square kilometre2020: 113.5k units per square kilometre2021: 349.6k units per square kilometre2022: 322.6k units per square kilometre2023: 319.7k units per square kilometre

Source: Statizoid (derived). Measured in units per square kilometre.

Analysis

The most recent figure for 09_insured export credit exposures, berne union, per square kilometre in Faroe Islands is 319,708 units per square kilometre, measured in 2023.

Compared with earlier readings it is down 0.9% on the previous year and up 425.1% over ten years.

Over the whole period, 09_insured export credit exposures, berne union, per square kilometre in Faroe Islands peaked at 349,635 units per square kilometre in 2021 and was at its lowest, 22,923 units per square kilometre, in 2006.

Faroe Islands ranks 40th of 210 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

09_Insured export credit exposures, Berne Union, per square kilometre in Faroe Islands, year by year

Annual values for 09_Insured export credit exposures, Berne Union, per square kilometre in Faroe Islands, 2005 to 2023.
Year units per square kilometre Change
2005 23,639 units per square kilometre —
2006 22,923 units per square kilometre -3.0%
2007 33,668 units per square kilometre +46.9%
2008 41,547 units per square kilometre +23.4%
2009 30,802 units per square kilometre -25.9%
2010 27,937 units per square kilometre -9.3%
2011 41,547 units per square kilometre +48.7%
2012 77,364 units per square kilometre +86.2%
2013 60,888 units per square kilometre -21.3%
2014 82,378 units per square kilometre +35.3%
2015 77,364 units per square kilometre -6.1%
2016 123,209 units per square kilometre +59.3%
2017 120,344 units per square kilometre -2.3%
2018 157,593 units per square kilometre +31.0%
2019 125,358 units per square kilometre -20.5%
2020 113,470 units per square kilometre -9.5%
2021 349,635 units per square kilometre +208.1%
2022 322,628 units per square kilometre -7.7%
2023 319,708 units per square kilometre -0.9%

Faroe Islands compared with similar countries

  • Faroe Islands's 319,708 units per square kilometre is above the median for high income countries, which is 227,368 units per square kilometre, 1.4× the median. (81 countries reporting)
  • Faroe Islands's 319,708 units per square kilometre is above the median for Europe & Central Asia, which is 98,553 units per square kilometre, 3.2× the median. (56 countries reporting)

Biggest year-on-year movements

Years where 09_Insured export credit exposures, Berne Union, per square kilometre in Faroe Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2021 +208.1% 113,470 units per square kilometre 349,635 units per square kilometre

Averages by decade

DecadeAverage LowestHighest Years
2000s 30,516 units per square kilometre 22,923 units per square kilometre 41,547 units per square kilometre 5
2010s 89,398 units per square kilometre 27,937 units per square kilometre 157,593 units per square kilometre 10
2020s 276,360 units per square kilometre 113,470 units per square kilometre 349,635 units per square kilometre 4

Countries ranked near Faroe Islands

  1. 37 Slovenia 344,831 units per square kilometre compare
  2. 38 Italy 322,832 units per square kilometre compare
  3. 39 Ireland 320,961 units per square kilometre compare
  4. 41 Czechia 290,706 units per square kilometre compare
  5. 42 Cyprus 284,524 units per square kilometre compare
  6. 43 South Korea 276,127 units per square kilometre compare

See the full ranking of 210 places →

More reference data data for Faroe Islands

All data for Faroe Islands →

Frequently asked questions

What is 09_insured export credit exposures, berne union, per square kilometre in Faroe Islands?
09_insured export credit exposures, berne union, per square kilometre in Faroe Islands was 319,708 units per square kilometre in 2023, according to Statizoid (derived).
What is the highest 09_insured export credit exposures, berne union, per square kilometre recorded in Faroe Islands?
The highest recorded value was 349,635 units per square kilometre in 2021.
What is the lowest 09_insured export credit exposures, berne union, per square kilometre recorded in Faroe Islands?
The lowest recorded value was 22,923 units per square kilometre in 2006.
How does Faroe Islands rank for 09_insured export credit exposures, berne union, per square kilometre?
Faroe Islands ranks 40th out of 210 countries with data for 2023.
Is 09_insured export credit exposures, berne union, per square kilometre rising or falling in Faroe Islands?
Over the last ten years it is up 425.1%. The long-run trend across the full record is volatile.
Where does this Faroe Islands data come from?
The figures come from Statizoid (derived), published as part of 09_Insured export credit exposures, Berne Union, per square kilometre. Statizoid updates them automatically from the source API.

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09_Insured export credit exposures, Berne Union, per square kilometre in Faroe Islands. Statizoid, drawing on Statizoid (derived). Retrieved 29 September 2026, from https://reference.statizoid.com/stat/09-insured-export-credit-exposures-berne-union-per-square-kilometre/faroe-islands/

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How this figure is calculated

09_Insured export credit exposures, Berne Union divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

09_Insured export credit exposures, Berne Union ÷ Land area (sq. km)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
09_Insured export credit exposures, Berne Union, per square kilometre
Unit
units per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
210 places, 3,953 data points, 2005–2023
Last refreshed

09_Insured export credit exposures, Berne Union divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.