Faroe Islands: Merchandise exports by the reporting economy, residual (% of total merchandise exports)
In , Faroe Islands's Merchandise exports by the reporting economy, residual (% of total merchandise exports) was 0.00.
The global average for this indicator in 2023 was 0.08 . Faroe Islands ranks #144 globally out of 205 reporting countries. Within Europe & Central Asia, it ranks #42 of 53.
Source: World Bank Open Data (TX.VAL.MRCH.RS.ZS) • Data as of 2023
Trend (2004–2023)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 0.00
- Trough
- 0.00
Historical Data — Last 10 Years
| Year | Merchandise exports by the reporting economy, residual (% of total merchandise exports) |
|---|---|
| 0.0000 | |
| 0.0000 | |
| 0.0000 | |
| 0.0000 | |
| 0.0000 | |
| 0.0000 | |
| 0.0000 | |
| 0.0000 | |
| 0.0000 | |
| 0.0000 |
About Merchandise exports by the reporting economy, residual (% of total merchandise exports)
Merchandise exports by the reporting economy residuals are the total merchandise exports by the reporting economy to the rest of the world as reported in the IMF's Direction of trade database, less the sum of exports by the reporting economy to high-, low-, and middle-income economies according to the World Bank classification of economies. Includes trade with unspecified partners or with economies not covered by World Bank classification. Data are as a percentage of total merchandise exports by the economy.
Indicator code: TX.VAL.MRCH.RS.ZS • Category: Trade & Finance
Frequently asked questions
- What was Faroe Islands's Merchandise exports by the reporting economy, residual (% of total merchandise exports) in 2023?
- In 2023, Faroe Islands's Merchandise exports by the reporting economy, residual (% of total merchandise exports) was 0.00, according to World Bank Open Data.
- How does Faroe Islands rank globally on Merchandise exports by the reporting economy, residual (% of total merchandise exports)?
- In 2023, Faroe Islands ranked #144 out of 205 countries reporting Merchandise exports by the reporting economy, residual (% of total merchandise exports).
- How does Faroe Islands's Merchandise exports by the reporting economy, residual (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports by the reporting economy, residual (% of total merchandise exports) in 2023 was 0.08, so Faroe Islands is below the world average. Within Europe & Central Asia, it ranks #42 of 53.
- What is Merchandise exports by the reporting economy, residual (% of total merchandise exports) and how is it measured?
- Merchandise exports by the reporting economy residuals are the total merchandise exports by the reporting economy to the rest of the world as reported in the IMF's Direction of trade database, less the sum of exports by the reporting economy to high-, low-, and middle-income economies according to the World Bank classification of economies. Includes trade with unspecified partners or with economies not covered by World Bank classification. Data are as a percentage of total merchandise exports by the economy.
Source: World Bank Open Data (TX.VAL.MRCH.RS.ZS), CC BY 4.0.