Faroe Islands vs Republic of Korea: Commercial service imports (current US$), annual growth rate

Faroe Islands
7.67 % change on previous year
in 2011
Republic of Korea
7.75 % change on previous year
in 2025
Faroe Islands rank
93rd
Republic of Korea rank
92nd

Commercial service imports (current US$), annual growth rate over time

  • Faroe Islands
  • Republic of Korea
-20020406080197720012025

How they compare

Republic of Korea currently reports 7.75 % change on previous year against 7.67 % change on previous year in Faroe Islands, a difference of 0.08 % change on previous year.

The two have swapped places 7 times across 13 shared years of data; in 1999 it was Republic of Korea ahead.

Faroe Islands ranks 93rd and Republic of Korea ranks 92nd of 198 countries.

Across the 3 decades both report, Faroe Islands averaged higher in 1 and Republic of Korea in 2.

Head to head by decade

Decade Faroe Islands Republic of Korea Difference Ahead
1990s 5.57 % change on previous year 11.02 % change on previous year 5.45 % change on previous year Republic of Korea
2000s 14.57 % change on previous year 12.41 % change on previous year 2.16 % change on previous year Faroe Islands
2010s 7.26 % change on previous year 11.98 % change on previous year 4.72 % change on previous year Republic of Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher commercial service imports (current us$), annual growth rate, Faroe Islands or Republic of Korea?
Republic of Korea, at 7.75 % change on previous year against 7.67 % change on previous year in Faroe Islands as of 2025.
What is the difference in commercial service imports (current us$), annual growth rate between Faroe Islands and Republic of Korea?
0.08 % change on previous year, with Republic of Korea ahead.
How many years of comparable data are there for Faroe Islands and Republic of Korea?
13 years are reported by both, from 1999 to 2011.
How do Faroe Islands and Republic of Korea rank globally for commercial service imports (current us$), annual growth rate?
Faroe Islands ranks 93rd and Republic of Korea ranks 92nd of 198 countries.
Where does this data come from?
Statizoid (derived), published as Commercial service imports (current US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs Republic of Korea: Commercial service imports (current US$), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 05 September 2026, from https://private-sector.statizoid.com/compare/commercial-service-imports-current-us-annual-growth-rate/faroe-islands/korea-rep/

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About this data

Indicator
Commercial service imports (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
245 places, 9,466 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Commercial service imports (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.