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
Faroe Islands Premier League February 2012 the name was changed to "Effodeildin", a 3-year deal was agreed with the Faroese petrol company Effo, which was previously called Statoil and Esso. The league renewed with Effo and was called Effodeildin until 2017. In December 2017 the name was changed to "Betri deildin menn", as the FSF signed with Betri, a bank based in Tórshavn. Source: Source: Source:; (from 1983) Faroe Islands Premier League The Faroe Islands Premier League is the top level of football in the Faroe Islands. It was founded in 2005, replacing 1. deild and it is organised by the Faroe Islands Football