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
Geography of the Faroe Islands of the lower areas of the island differs slightly. The climate of Sandur is typical for a low-lying coastal location in the south of the Faroe Islands, as the weather station for Sandur is located at 5 meters above sea level. On average, Sandur experiences 41 days of frost a year. Geography of the Faroe Islands The Faroe Islands are an island group consisting of eighteen islands between the Norwegian Sea and the North Atlantic, about half-way between Iceland and Norway. Its coordinates are . It is 1,393 square kilometres in area, and includes small lakes and rivers, but no