External balance on goods and services (% of GDP) in Faroe Islands was reported at 1.0999 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Faroe Islands - External balance on goods and services (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.



Faroe Islands - External Balance On Goods And Services (% Of GDP)
External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).

Faroe Islands | World Bank Development Indicators