09_Insured export credit exposures, Berne Union, per unit of GDP in Faroe Islands

Faroe Islands: 09_Insured export credit exposures, Berne Union, per unit of GDP was 0.1061 units per US$ of GDP in 2024. ◆ Volatile

Latest (2024)
0.1061 units per US$ of GDP
Change on year
down 4.5%
World rank
35th
of 207 countries
All-time high
0.1295 units per US$ of GDP
in 2021
All-time low
0.0159 units per US$ of GDP
in 2006
Years of data
20
2005–2024

09_Insured export credit exposures, Berne Union, per unit of GDP in Faroe Islands, 2005–2024

0.0250.050.0750.10.1252005201420242005: 0.019 units per US$ of GDP2006: 0.016 units per US$ of GDP2007: 0.02 units per US$ of GDP2008: 0.023 units per US$ of GDP2009: 0.019 units per US$ of GDP2010: 0.017 units per US$ of GDP2011: 0.023 units per US$ of GDP2012: 0.044 units per US$ of GDP2013: 0.032 units per US$ of GDP2014: 0.039 units per US$ of GDP2015: 0.042 units per US$ of GDP2016: 0.061 units per US$ of GDP2017: 0.056 units per US$ of GDP2018: 0.069 units per US$ of GDP2019: 0.054 units per US$ of GDP2020: 0.047 units per US$ of GDP2021: 0.129 units per US$ of GDP2022: 0.122 units per US$ of GDP2023: 0.111 units per US$ of GDP2024: 0.106 units per US$ of GDP

Source: Statizoid (derived). Measured in units per US$ of GDP.

Analysis

The most recent figure for 09_insured export credit exposures, berne union, per unit of gdp in Faroe Islands is 0.1061 units per US$ of GDP, measured in 2024.

The figure is down 4.5% on the previous year and up 168.8% over ten years.

Over the whole period, 09_insured export credit exposures, berne union, per unit of gdp in Faroe Islands peaked at 0.1295 units per US$ of GDP in 2021 and was at its lowest, 0.0159 units per US$ of GDP, in 2006.

That places Faroe Islands 35th out of 207 countries with data for 2024, putting it 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 unit of GDP in Faroe Islands, year by year

Annual values for 09_Insured export credit exposures, Berne Union, per unit of GDP in Faroe Islands, 2005 to 2024.
Year units per US$ of GDP Change
2005 0.0188 units per US$ of GDP —
2006 0.0159 units per US$ of GDP -15.4%
2007 0.0201 units per US$ of GDP +26.7%
2008 0.0233 units per US$ of GDP +15.9%
2009 0.0187 units per US$ of GDP -19.6%
2010 0.0167 units per US$ of GDP -10.7%
2011 0.0231 units per US$ of GDP +38.4%
2012 0.0445 units per US$ of GDP +92.2%
2013 0.0316 units per US$ of GDP -29.0%
2014 0.0395 units per US$ of GDP +24.9%
2015 0.042 units per US$ of GDP +6.3%
2016 0.0611 units per US$ of GDP +45.7%
2017 0.0564 units per US$ of GDP -7.8%
2018 0.069 units per US$ of GDP +22.4%
2019 0.0536 units per US$ of GDP -22.3%
2020 0.0474 units per US$ of GDP -11.6%
2021 0.1295 units per US$ of GDP +173.3%
2022 0.1223 units per US$ of GDP -5.6%
2023 0.1111 units per US$ of GDP -9.1%
2024 0.1061 units per US$ of GDP -4.5%

Biggest year-on-year movements

Years where 09_Insured export credit exposures, Berne Union, per unit of GDP 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 +173.3% 0.0474 units per US$ of GDP 0.1295 units per US$ of GDP

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.0193 units per US$ of GDP 0.0159 units per US$ of GDP 0.0233 units per US$ of GDP 5
2010s 0.0437 units per US$ of GDP 0.0167 units per US$ of GDP 0.069 units per US$ of GDP 10
2020s 0.1033 units per US$ of GDP 0.0474 units per US$ of GDP 0.1295 units per US$ of GDP 5

Countries ranked near Faroe Islands

  1. 32 Cote d'Ivoire 0.1169 units per US$ of GDP compare
  2. 33 Seychelles 0.1131 units per US$ of GDP compare
  3. 34 Monaco 0.1074 units per US$ of GDP compare
  4. 36 Congo 0.1047 units per US$ of GDP compare
  5. 37 Serbia 0.1005 units per US$ of GDP compare
  6. 38 Andorra 0.0986 units per US$ of GDP compare

See the full ranking of 207 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 unit of gdp in Faroe Islands?
09_insured export credit exposures, berne union, per unit of gdp in Faroe Islands was 0.1061 units per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest 09_insured export credit exposures, berne union, per unit of gdp recorded in Faroe Islands?
The highest recorded value was 0.1295 units per US$ of GDP in 2021.
What is the lowest 09_insured export credit exposures, berne union, per unit of gdp recorded in Faroe Islands?
The lowest recorded value was 0.0159 units per US$ of GDP in 2006.
How does Faroe Islands rank for 09_insured export credit exposures, berne union, per unit of gdp?
Faroe Islands ranks 35th out of 207 countries with data for 2024.
Is 09_insured export credit exposures, berne union, per unit of gdp rising or falling in Faroe Islands?
Over the last ten years it is up 168.8%. 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 unit of GDP. Statizoid updates them automatically from the source API.

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09_Insured export credit exposures, Berne Union, per unit of GDP 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-unit-of-gdp/faroe-islands/

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How this figure is calculated

09_Insured export credit exposures, Berne Union divided by GDP (current US$), 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 ÷ GDP (current US$)

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 unit of GDP
Unit
units per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
207 places, 4,264 data points, 2005–2025
Last refreshed

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