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
Fauna of the Faroe Islands In the same nest, three youngsters could be black while one could be white-speckled. This colour variation was unique to the Faroe Islands, and maybe because of this, the demand from foreign collectors was big for these ravens. This might be a reason why it became extinct; the last white-speckled raven was seen on Nólsoy in 1949. The land mammals of Faroe have all been introduced, accidentally or deliberately by people. Although nine species of wild land mammal have been reported on the Faroe Islands, only three have survived and are thriving on the islands today: mountain hare ("Lepus timidus"),