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 rat ("Rattus norvegicus"), and the house mouse ("Mus musculus"). Apart from these, there once was a local domestic sheep breed, the Faroe sheep (depicted on the coat of arms), a variety of feral sheep survived on Lítla Dímun until the mid-19th century. Grey seals ("Halichoerus grypus") are common around the shorelines. Several species of cetacea live in the waters around the Faroe Islands. Best known are the long-finned pilot whales ("Globicephala melaena"), which are still hunted by the islanders in accordance with longstanding local tradition. Orcas ("Orcinus orca") are regular visitors around the islands. The domestic animals of the Faroe