Exports of goods and services (% of GDP) in Faroe Islands was reported at 62.4 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Faroe Islands - Exports of goods and services (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on May of 2024.

Faroe Islands - Exports Of Goods And Services (% Of GDP)
Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.