10_Insured export credit exposures, short term (BU), per unit of GDP in Faroe Islands

Faroe Islands: 10_Insured export credit exposures, short term (BU), per unit of GDP was 0.1039 BU per US$ of GDP in 2024. ◆ Volatile

Latest (2024)
0.1039 BU per US$ of GDP
Change on year
down 2.5%
World rank
21st
of 207 countries
All-time high
0.1148 BU per US$ of GDP
in 2022
All-time low
0.0089 BU per US$ of GDP
in 2013
Years of data
20
2005–2024

10_Insured export credit exposures, short term (BU), per unit of GDP in Faroe Islands, 2005–2024

00.0250.050.0750.10.1252005201420242005: 0.016 BU per US$ of GDP2006: 0.014 BU per US$ of GDP2007: 0.018 BU per US$ of GDP2008: 0.021 BU per US$ of GDP2009: 0.017 BU per US$ of GDP2010: 0.015 BU per US$ of GDP2011: 0.022 BU per US$ of GDP2012: 0.017 BU per US$ of GDP2013: 0.009 BU per US$ of GDP2014: 0.012 BU per US$ of GDP2015: 0.014 BU per US$ of GDP2016: 0.032 BU per US$ of GDP2017: 0.032 BU per US$ of GDP2018: 0.045 BU per US$ of GDP2019: 0.031 BU per US$ of GDP2020: 0.031 BU per US$ of GDP2021: 0.111 BU per US$ of GDP2022: 0.115 BU per US$ of GDP2023: 0.107 BU per US$ of GDP2024: 0.104 BU per US$ of GDP

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

Analysis

In 2024, 10_insured export credit exposures, short term (bu), per unit of gdp in Faroe Islands stood at 0.1039 BU per US$ of GDP.

Compared with earlier readings it is down 2.5% on the previous year and up 740.8% over ten years.

Over the whole period, 10_insured export credit exposures, short term (bu), per unit of gdp in Faroe Islands peaked at 0.1148 BU per US$ of GDP in 2022 and was at its lowest, 0.0089 BU per US$ of GDP, in 2013.

Faroe Islands ranks 21st of 207 countries on this measure, in the top 10%.

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 unit of GDP in Faroe Islands, year by year

Annual values for 10_Insured export credit exposures, short term (BU), per unit of GDP in Faroe Islands, 2005 to 2024.
Year BU per US$ of GDP Change
2005 0.0159 BU per US$ of GDP —
2006 0.0139 BU per US$ of GDP -12.8%
2007 0.0175 BU per US$ of GDP +26.3%
2008 0.0209 BU per US$ of GDP +19.1%
2009 0.0165 BU per US$ of GDP -20.8%
2010 0.0146 BU per US$ of GDP -11.9%
2011 0.0216 BU per US$ of GDP +47.8%
2012 0.0169 BU per US$ of GDP -21.6%
2013 0.0089 BU per US$ of GDP -47.2%
2014 0.0124 BU per US$ of GDP +38.5%
2015 0.014 BU per US$ of GDP +13.2%
2016 0.0316 BU per US$ of GDP +126.2%
2017 0.0315 BU per US$ of GDP -0.3%
2018 0.0445 BU per US$ of GDP +41.2%
2019 0.0309 BU per US$ of GDP -30.6%
2020 0.0315 BU per US$ of GDP +1.8%
2021 0.1114 BU per US$ of GDP +253.8%
2022 0.1148 BU per US$ of GDP +3.1%
2023 0.1065 BU per US$ of GDP -7.2%
2024 0.1039 BU per US$ of GDP -2.5%

Biggest year-on-year movements

Years where 10_Insured export credit exposures, short term (BU), 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 +253.8% 0.0315 BU per US$ of GDP 0.1114 BU per US$ of GDP

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.017 BU per US$ of GDP 0.0139 BU per US$ of GDP 0.0209 BU per US$ of GDP 5
2010s 0.0227 BU per US$ of GDP 0.0089 BU per US$ of GDP 0.0445 BU per US$ of GDP 10
2020s 0.0936 BU per US$ of GDP 0.0315 BU per US$ of GDP 0.1148 BU per US$ of GDP 5

Countries ranked near Faroe Islands

  1. 18 Hong Kong 0.1226 BU per US$ of GDP compare
  2. 19 Greenland 0.1214 BU per US$ of GDP compare
  3. 20 Seychelles 0.1106 BU per US$ of GDP compare
  4. 22 Andorra 0.0986 BU per US$ of GDP compare
  5. 23 Slovenia 0.0948 BU per US$ of GDP compare
  6. 24 Sao Tome and Principe 0.0927 BU 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 10_insured export credit exposures, short term (bu), per unit of gdp in Faroe Islands?
10_insured export credit exposures, short term (bu), per unit of gdp in Faroe Islands was 0.1039 BU per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest 10_insured export credit exposures, short term (bu), per unit of gdp recorded in Faroe Islands?
The highest recorded value was 0.1148 BU per US$ of GDP in 2022.
What is the lowest 10_insured export credit exposures, short term (bu), per unit of gdp recorded in Faroe Islands?
The lowest recorded value was 0.0089 BU per US$ of GDP in 2013.
How does Faroe Islands rank for 10_insured export credit exposures, short term (bu), per unit of gdp?
Faroe Islands ranks 21st out of 207 countries with data for 2024.
Is 10_insured export credit exposures, short term (bu), per unit of gdp rising or falling in Faroe Islands?
Over the last ten years it is up 740.8%. 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 10_Insured export credit exposures, short term (BU), per unit of GDP. Statizoid updates them automatically from the source API.

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10_Insured export credit exposures, short term (BU), per unit of GDP 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-unit-of-gdp/faroe-islands/

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How this figure is calculated

10_Insured export credit exposures, short term (BU) divided by GDP (current US$), 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) ÷ 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
10_Insured export credit exposures, short term (BU), per unit of GDP
Unit
BU 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

10_Insured export credit exposures, short term (BU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.