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 games were hosted by the islands in 1989 and Faroes won the Island Games in 2009. Football is by far the biggest sports activity on the islands, with 7,000 registered players out of the whole population of 50,000. Ten football teams contest the Faroe Islands Premier League, currently ranked 51st by UEFA's League coefficient. The Faroe Islands are a full member of UEFA and the Faroe Islands national football team competes in the UEFA European Football Championship qualifiers. The country is also a full member of FIFA and therefore the Faroe Islands football team also competes in the FIFA World