Faroe Islands vs IBRD only: Merchandise exports by the reporting economy (current US$), per unit
Faroe Islands
0.5951 current US$ per US$ of GDP
in 2023
IBRD only
0.2171 current US$ per US$ of GDP
in 2023
Faroe Islands rank
20th
IBRD only rank
18th
Merchandise exports by the reporting economy (current US$), per unit over time
- Faroe Islands
- IBRD only
How they compare
Faroe Islands currently reports 0.5951 current US$ per US$ of GDP against 0.2171 current US$ per US$ of GDP in IBRD only, a difference of 0.378 current US$ per US$ of GDP.
That makes Faroe Islands's figure about 2.7 times IBRD only's.
Across all 59 years both countries report, Faroe Islands has been ahead every year.
Faroe Islands ranks 20th and IBRD only ranks 18th 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 | IBRD only | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 0.3548 current US$ per US$ of GDP | 0.0446 current US$ per US$ of GDP | 0.3102 current US$ per US$ of GDP | Faroe Islands |
| 1970s | 0.3788 current US$ per US$ of GDP | 0.0585 current US$ per US$ of GDP | 0.3203 current US$ per US$ of GDP | Faroe Islands |
| 1980s | 0.3623 current US$ per US$ of GDP | 0.0892 current US$ per US$ of GDP | 0.2731 current US$ per US$ of GDP | Faroe Islands |
| 1990s | 0.395 current US$ per US$ of GDP | 0.1474 current US$ per US$ of GDP | 0.2476 current US$ per US$ of GDP | Faroe Islands |
| 2000s | 0.3723 current US$ per US$ of GDP | 0.2452 current US$ per US$ of GDP | 0.1271 current US$ per US$ of GDP | Faroe Islands |
| 2010s | 0.4509 current US$ per US$ of GDP | 0.2195 current US$ per US$ of GDP | 0.2314 current US$ per US$ of GDP | Faroe Islands |
| 2020s | 0.5124 current US$ per US$ of GDP | 0.2206 current US$ per US$ of GDP | 0.2918 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$), per unit, Faroe Islands or IBRD only?
- Faroe Islands, at 0.5951 current US$ per US$ of GDP against 0.2171 current US$ per US$ of GDP in IBRD only as of 2023.
- What is the difference in merchandise exports by the reporting economy (current us$), per unit between Faroe Islands and IBRD only?
- 0.378 current US$ per US$ of GDP, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and IBRD only?
- 59 years are reported by both, from 1965 to 2023.
- How do Faroe Islands and IBRD only rank globally for merchandise exports by the reporting economy (current us$), per unit?
- Faroe Islands ranks 20th and IBRD only ranks 18th of 202 countries.
- Where does this data come from?
- Statizoid (derived), published as Merchandise exports by the reporting economy (current US$), 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.