10_Insured export credit exposures, short term (BU), per square in Faroe Islands

Faroe Islands: 10_Insured export credit exposures, short term (BU), per square was 306,569 BU per square kilometre in 2023. ◆ Volatile

Latest (2023)
306,569 BU per square kilometre
Change on year
up 1.2%
World rank
38th
of 210 countries
All-time high
306,569 BU per square kilometre
in 2023
All-time low
17,192 BU per square kilometre
in 2013
Years of data
19
2005–2023

10_Insured export credit exposures, short term (BU), per square in Faroe Islands, 2005–2023

0100.0k200.0k300.0k2005201420232005: 20.1k BU per square kilometre2006: 20.1k BU per square kilometre2007: 29.4k BU per square kilometre2008: 37.2k BU per square kilometre2009: 27.2k BU per square kilometre2010: 24.4k BU per square kilometre2011: 38.7k BU per square kilometre2012: 29.4k BU per square kilometre2013: 17.2k BU per square kilometre2014: 25.8k BU per square kilometre2015: 25.8k BU per square kilometre2016: 63.8k BU per square kilometre2017: 67.3k BU per square kilometre2018: 101.7k BU per square kilometre2019: 72.3k BU per square kilometre2020: 75.4k BU per square kilometre2021: 300.7k BU per square kilometre2022: 302.9k BU per square kilometre2023: 306.6k BU per square kilometre

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

Analysis

Faroe Islands recorded 306,569 BU per square kilometre for 10_insured export credit exposures, short term (bu), per square in 2023. That is the highest value across all 19 years on record.

The figure is up 1.2% on the previous year and up 1,683.2% over ten years.

Over the whole period, 10_insured export credit exposures, short term (bu), per square in Faroe Islands peaked at 306,569 BU per square kilometre in 2023 and was at its lowest, 17,192 BU per square kilometre, in 2013.

That places Faroe Islands 38th out of 210 countries with data for 2023, putting it in the top quarter.

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

10_Insured export credit exposures, short term (BU), per square in Faroe Islands, year by year

Annual values for 10_Insured export credit exposures, short term (BU), per square kilometre in Faroe Islands, 2005 to 2023.
Year BU per square kilometre Change
2005 20,057 BU per square kilometre —
2006 20,057 BU per square kilometre +0.0%
2007 29,370 BU per square kilometre +46.4%
2008 37,249 BU per square kilometre +26.8%
2009 27,221 BU per square kilometre -26.9%
2010 24,355 BU per square kilometre -10.5%
2011 38,682 BU per square kilometre +58.8%
2012 29,370 BU per square kilometre -24.1%
2013 17,192 BU per square kilometre -41.5%
2014 25,788 BU per square kilometre +50.0%
2015 25,788 BU per square kilometre +0.0%
2016 63,754 BU per square kilometre +147.2%
2017 67,335 BU per square kilometre +5.6%
2018 101,719 BU per square kilometre +51.1%
2019 72,350 BU per square kilometre -28.9%
2020 75,403 BU per square kilometre +4.2%
2021 300,730 BU per square kilometre +298.8%
2022 302,920 BU per square kilometre +0.7%
2023 306,569 BU per square kilometre +1.2%

Faroe Islands compared with similar countries

  • Faroe Islands's 306,569 BU per square kilometre is above the median for high income countries, which is 206,341 BU per square kilometre, 1.5× the median. (81 countries reporting)
  • Faroe Islands's 306,569 BU per square kilometre is above the median for Europe & Central Asia, which is 81,902 BU per square kilometre, 3.7× the median. (56 countries reporting)

Biggest year-on-year movements

Years where 10_Insured export credit exposures, short term (BU), per square 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 +298.8% 75,403 BU per square kilometre 300,730 BU per square kilometre

Averages by decade

DecadeAverage LowestHighest Years
2000s 26,791 BU per square kilometre 20,057 BU per square kilometre 37,249 BU per square kilometre 5
2010s 46,633 BU per square kilometre 17,192 BU per square kilometre 101,719 BU per square kilometre 10
2020s 246,405 BU per square kilometre 75,403 BU per square kilometre 306,569 BU per square kilometre 4

Countries ranked near Faroe Islands

  1. 35 Slovenia 338,970 BU per square kilometre compare
  2. 36 United Arab Emirates 317,037 BU per square kilometre compare
  3. 37 Italy 311,940 BU per square kilometre compare
  4. 39 Czechia 288,024 BU per square kilometre compare
  5. 40 Ireland 280,592 BU per square kilometre compare
  6. 41 Cyprus 256,169 BU 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 10_insured export credit exposures, short term (bu), per square in Faroe Islands?
10_insured export credit exposures, short term (bu), per square in Faroe Islands was 306,569 BU per square kilometre in 2023, according to Statizoid (derived).
What is the highest 10_insured export credit exposures, short term (bu), per square recorded in Faroe Islands?
The highest recorded value was 306,569 BU per square kilometre in 2023.
What is the lowest 10_insured export credit exposures, short term (bu), per square recorded in Faroe Islands?
The lowest recorded value was 17,192 BU per square kilometre in 2013.
How does Faroe Islands rank for 10_insured export credit exposures, short term (bu), per square?
Faroe Islands ranks 38th out of 210 countries with data for 2023.
Is 10_insured export credit exposures, short term (bu), per square rising or falling in Faroe Islands?
Over the last ten years it is up 1,683.2%. 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 10_Insured export credit exposures, short term (BU), per square kilometre. Statizoid updates them automatically from the source API.

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10_Insured export credit exposures, short term (BU), per square in Faroe Islands. Statizoid, drawing on Statizoid (derived). Retrieved 29 September 2026, from https://reference.statizoid.com/stat/10-insured-export-credit-exposures-short-term-bu-per-square-kilometre/faroe-islands/

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How this figure is calculated

10_Insured export credit exposures, short term (BU) 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.

10_Insured export credit exposures, short term (BU) ÷ 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
10_Insured export credit exposures, short term (BU), per square kilometre
Unit
BU 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

10_Insured export credit exposures, short term (BU) 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.