Economy of the Faroe Islands and holding below 3% since 2006, one of the lowest rates in Europe. Since 2000, new information technology and business projects have been fostered in the Faroe Islands to attract new investment. The result from these projects is not yet known but is hoped to bring a better market economy to the Faroe Islands. In 2014 the Faroe Islands had a trade surplus of 401 million DKK, a figure that rose to 1.43 billion DKK in 2016. As of 2016, the Faroe Islands mainly imported goods from Denmark (2,467 million DKK), Germany (877 million DKK), and Norway (610 DKK). The
Cinema of the Faroe Islands Cinema of the Faroe Islands The cinema of the Faroe Islands does not have a long history. The Faroe Islands has a small population, and due to the high initial cost of movie making, the islands' cinema history is modest. (On the other hand, writing and book publishing is very popular). The first director of the Faroe Islands was Katrin Ottarsdóttir. Her first film set in the Faroe Islands was "Atlantic Rhapsody" in 1989. However, the first feature films in Faroese language with full Faroese castings ("Rannvà" 1975, "Heystblómur" 1976 and "Pall Fángi" 1977) were made in the mid-seventies by