Faroe Islands Forecast

Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Faroe Islands Forecast - was last updated on Sunday, October 21, 2018.


LABOUR Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Population 0.05
Million
0.05 0.05 0.05 0.05 0.06
Unemployed Persons 495.00
417 381 349 322 199
Unemployment Rate 1.80
percent
1.6 1.4 1.3 1.2 0.7
PRICES Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Consumer Price Index Cpi 119.90
Index Points
120 121 121 121 121
Food Inflation 0.30
percent
0.08 0 -0.18 -0.2 0.04
Inflation Rate 1.70
percent
2.3 2.7 3 2.6 2.3
Inflation Rate Mom 0.10
percent
0.26 0.15 0.15 0.17 0.16
TRADE Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Balance Of Trade 41404.00
DKK Thousand
86962 86021 86371 86404 86408
Exports 679888.10
DKK Thousand
681745 684013 683465 683573 683561
Imports 638484.10
DKK Thousand
604436 605295 605482 605513 605516
GOVERNMENT Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Fiscal Expenditure 8910.80
DKK Million
9178 9230 9282 9334 9871
Government Budget 5.00
percent of GDP
5 5 5 5 5
Government Budget Value 948.50
DKK Million
1132 1166 1200 1234 1463
Government Revenues 9859.30
DKK Million
10430 10518 10605 10692 11123
Government Spending To Gdp 47.20
percent
47.2 47.2 47.2 47.2 47.2
BUSINESS Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Internet Speed 12245.28
KBps
14989 14904 15936 16507 20040
IP Addresses 19555.00
IP
23696 24230 24424 24764 26193
Business Confidence 13.00
Index Points
14.17 14.33 14.24 14.1 13.55
CONSUMER Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Consumer Confidence 10.00
Index Points
9.76 8.83 10.52 10.35 10.34
Economic Optimism Index 25.00
Index Points
25.32 25.46 25.15 25.38 25.26
CLIMATE Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Precipitation 280.89
mm
183 155 147 147 139
Temperature 4.81
celsius
5.63 3.84 7.53 7.53 6.78