Europe & Central Asia (IDA & IBRD countries) vs Faroe Islands: Merchandise exports by the reporting economy (current US$), annual

Europe & Central Asia (IDA & IBRD countries)
-7.45 % change on previous year
in 2023
Faroe Islands
10.76 % change on previous year
in 2023
Europe & Central Asia (IDA & IBRD countries) rank
27th
Faroe Islands rank
26th

Merchandise exports by the reporting economy (current US$), annual over time

  • Europe & Central Asia (IDA & IBRD countries)
  • Faroe Islands
-50050100150196119922023

How they compare

Faroe Islands currently reports 10.76 % change on previous year against -7.45 % change on previous year in Europe & Central Asia (IDA & IBRD countries), a difference of 18.21 % change on previous year.

That makes Faroe Islands's figure about 1.4 times Europe & Central Asia (IDA & IBRD countries)'s.

The two have swapped places 28 times across 60 shared years of data; in 1963 it was Faroe Islands ahead.

Europe & Central Asia (IDA & IBRD countries) ranks 27th and Faroe Islands ranks 26th of 44 groups.

Across the 7 decades both report, Europe & Central Asia (IDA & IBRD countries) averaged higher in 3 and Faroe Islands in 4.

Head to head by decade

Decade Europe & Central Asia (IDA & IBRD countries) Faroe Islands Difference Ahead
1960s 9.59 % change on previous year 20.14 % change on previous year 10.54 % change on previous year Faroe Islands
1970s 31.53 % change on previous year 21.44 % change on previous year 10.09 % change on previous year Europe & Central Asia (IDA & IBRD countries)
1980s 6.29 % change on previous year 10.54 % change on previous year 4.25 % change on previous year Faroe Islands
1990s 25.39 % change on previous year 0.0915 % change on previous year 25.3 % change on previous year Europe & Central Asia (IDA & IBRD countries)
2000s 17.5 % change on previous year 9.7 % change on previous year 7.8 % change on previous year Europe & Central Asia (IDA & IBRD countries)
2010s 7.03 % change on previous year 8.27 % change on previous year 1.24 % change on previous year Faroe Islands
2020s 7.4 % change on previous year 10.58 % change on previous year 3.18 % change on previous year Faroe Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise exports by the reporting economy (current us$), annual, Europe & Central Asia (IDA & IBRD countries) or Faroe Islands?
Faroe Islands, at 10.76 % change on previous year against -7.45 % change on previous year in Europe & Central Asia (IDA & IBRD countries) as of 2023.
What is the difference in merchandise exports by the reporting economy (current us$), annual between Europe & Central Asia (IDA & IBRD countries) and Faroe Islands?
18.21 % change on previous year, with Faroe Islands ahead.
How many years of comparable data are there for Europe & Central Asia (IDA & IBRD countries) and Faroe Islands?
60 years are reported by both, from 1963 to 2023.
How do Europe & Central Asia (IDA & IBRD countries) and Faroe Islands rank globally for merchandise exports by the reporting economy (current us$), annual?
Europe & Central Asia (IDA & IBRD countries) ranks 27th and Faroe Islands ranks 26th of 44 groups.
Where does this data come from?
Statizoid (derived), published as Merchandise exports by the reporting economy (current US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Europe & Central Asia (IDA & IBRD countries) vs Faroe Islands: Merchandise exports by the reporting economy (current US$), annual. Statizoid, drawing on Statizoid (derived). Retrieved 16 September 2026, from https://private-sector.statizoid.com/compare/merchandise-exports-by-the-reporting-economy-current-us-annual-growth-rate/europe-and-central-asia-ida-and-ibrd-countries/faroe-islands/

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About this data

Indicator
Merchandise exports by the reporting economy (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
253 places, 13,157 data points, 1961–2023
Last refreshed

The year-on-year percentage change in Merchandise exports by the reporting economy (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.