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
Flora of the Faroe Islands Flora of the Faroe Islands The flora of the Faroe Islands consists of over 400 different plant species. Most of the lowland area is grassland and some is heather mainly "Calluna vulgaris". The Faroese nature is characterized by the lack of trees, and resembles that of Connemara and Dingle in Ireland. Among the numerous herbaceous flora that occur in the Faroe Islands is the marsh thistle, "Cirsium palustre". There are no native forests in the Faroe Islands, and only a few woody plants occur. Findings of "Betula pubescens" trunks and branches in the soil, dated to c. 2300 BC, and