Faroe Islands vs High income: Merchandise exports by the reporting economy (current US$), per unit
Faroe Islands
0.5951 current US$ per US$ of GDP
in 2023
High income
0.2174 current US$ per US$ of GDP
in 2023
Faroe Islands rank
20th
High income rank
17th
Merchandise exports by the reporting economy (current US$), per unit over time
- Faroe Islands
- High income
How they compare
Faroe Islands currently reports 0.5951 current US$ per US$ of GDP against 0.2174 current US$ per US$ of GDP in High income, a difference of 0.3777 current US$ per US$ of GDP.
That makes Faroe Islands's figure about 2.7 times High income's.
Across all 59 years both countries report, Faroe Islands has been ahead every year.
Faroe Islands ranks 20th and High income ranks 17th of 202 countries.
Faroe Islands has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Faroe Islands | High income | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 0.3548 current US$ per US$ of GDP | 0.0733 current US$ per US$ of GDP | 0.2815 current US$ per US$ of GDP | Faroe Islands |
| 1970s | 0.3788 current US$ per US$ of GDP | 0.1076 current US$ per US$ of GDP | 0.2713 current US$ per US$ of GDP | Faroe Islands |
| 1980s | 0.3623 current US$ per US$ of GDP | 0.1249 current US$ per US$ of GDP | 0.2374 current US$ per US$ of GDP | Faroe Islands |
| 1990s | 0.395 current US$ per US$ of GDP | 0.1412 current US$ per US$ of GDP | 0.2538 current US$ per US$ of GDP | Faroe Islands |
| 2000s | 0.3723 current US$ per US$ of GDP | 0.1968 current US$ per US$ of GDP | 0.1755 current US$ per US$ of GDP | Faroe Islands |
| 2010s | 0.4509 current US$ per US$ of GDP | 0.2249 current US$ per US$ of GDP | 0.226 current US$ per US$ of GDP | Faroe Islands |
| 2020s | 0.5124 current US$ per US$ of GDP | 0.2197 current US$ per US$ of GDP | 0.2927 current US$ per US$ of GDP | 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$), per unit, Faroe Islands or High income?
- Faroe Islands, at 0.5951 current US$ per US$ of GDP against 0.2174 current US$ per US$ of GDP in High income as of 2023.
- What is the difference in merchandise exports by the reporting economy (current us$), per unit between Faroe Islands and High income?
- 0.3777 current US$ per US$ of GDP, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and High income?
- 59 years are reported by both, from 1965 to 2023.
- How do Faroe Islands and High income rank globally for merchandise exports by the reporting economy (current us$), per unit?
- Faroe Islands ranks 20th and High income ranks 17th of 202 countries.
- Where does this data come from?
- Statizoid (derived), published as Merchandise exports by the reporting economy (current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Merchandise exports by the reporting economy (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.