Faroe Islands - Current account balance (% of GDP)
Current account balance (% of GDP) in Faroe Islands was 7.80 as of 2011. Its highest value over the past 13 years was 20.22 in 1998, while its lowest value was -3.52 in 2007.
Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.
See also:
| Year | Value |
|---|---|
| 1998 | 20.22 |
| 1999 | 15.72 |
| 2000 | 9.37 |
| 2001 | 12.74 |
| 2002 | 9.96 |
| 2003 | -0.44 |
| 2004 | 7.68 |
| 2005 | 1.80 |
| 2006 | 1.07 |
| 2007 | -3.52 |
| 2008 | -1.26 |
| 2009 | -1.09 |
| 2010 | 6.22 |
| 2011 | 7.80 |
Periodicity: Annual
General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: Balance of payments
