Faroe Islands vs Lower middle income: Merchandise exports by the reporting economy (current US$), annual
Merchandise exports by the reporting economy (current US$), annual over time
- Faroe Islands
- Lower middle income
How they compare
Faroe Islands currently reports 10.76 % change on previous year against -9.26 % change on previous year in Lower middle income, a difference of 20.02 % change on previous year.
That makes Faroe Islands's figure about 1.2 times Lower middle income's.
The two have swapped places 30 times across 60 shared years of data; in 1963 it was Faroe Islands ahead.
Faroe Islands ranks 26th and Lower middle income ranks 29th of 206 countries.
Across the 7 decades both report, Faroe Islands averaged higher in 5 and Lower middle income in 2.
Head to head by decade
| Decade | Faroe Islands | Lower middle income | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 20.14 % change on previous year | 4.91 % change on previous year | 15.23 % change on previous year | Faroe Islands |
| 1970s | 21.44 % change on previous year | 21.02 % change on previous year | 0.4181 % change on previous year | Faroe Islands |
| 1980s | 10.54 % change on previous year | 3.62 % change on previous year | 6.92 % change on previous year | Faroe Islands |
| 1990s | 0.0915 % change on previous year | 7.53 % change on previous year | 7.44 % change on previous year | Lower middle income |
| 2000s | 9.7 % change on previous year | 16.07 % change on previous year | 6.37 % change on previous year | Lower middle income |
| 2010s | 8.27 % change on previous year | 5.13 % change on previous year | 3.14 % change on previous year | Faroe Islands |
| 2020s | 10.58 % change on previous year | 7.89 % change on previous year | 2.69 % 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$), annual, Faroe Islands or Lower middle income?
- Faroe Islands, at 10.76 % change on previous year against -9.26 % change on previous year in Lower middle income as of 2023.
- What is the difference in merchandise exports by the reporting economy (current us$), annual between Faroe Islands and Lower middle income?
- 20.02 % change on previous year, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Lower middle income?
- 60 years are reported by both, from 1963 to 2023.
- How do Faroe Islands and Lower middle income rank globally for merchandise exports by the reporting economy (current us$), annual?
- Faroe Islands ranks 26th and Lower middle income ranks 29th of 206 countries.
- Where does this data come from?
- Statizoid (derived), published as Merchandise exports by the reporting economy (current US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.