Faroe Islands vs IDA & IBRD total: Merchandise exports by the reporting economy (current US$), per unit
Faroe Islands
0.5951 current US$ per US$ of GDP
in 2023
IDA & IBRD total
0.2122 current US$ per US$ of GDP
in 2023
Faroe Islands rank
20th
IDA & IBRD total rank
20th
Merchandise exports by the reporting economy (current US$), per unit over time
- Faroe Islands
- IDA & IBRD total
How they compare
Faroe Islands currently reports 0.5951 current US$ per US$ of GDP against 0.2122 current US$ per US$ of GDP in IDA & IBRD total, a difference of 0.3829 current US$ per US$ of GDP.
That makes Faroe Islands's figure about 2.8 times IDA & IBRD total's.
Across all 59 years both countries report, Faroe Islands has been ahead every year.
Faroe Islands ranks 20th and IDA & IBRD total ranks 20th 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 | IDA & IBRD total | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 0.3548 current US$ per US$ of GDP | 0.05 current US$ per US$ of GDP | 0.3049 current US$ per US$ of GDP | Faroe Islands |
| 1970s | 0.3788 current US$ per US$ of GDP | 0.065 current US$ per US$ of GDP | 0.3138 current US$ per US$ of GDP | Faroe Islands |
| 1980s | 0.3623 current US$ per US$ of GDP | 0.0894 current US$ per US$ of GDP | 0.2729 current US$ per US$ of GDP | Faroe Islands |
| 1990s | 0.395 current US$ per US$ of GDP | 0.1457 current US$ per US$ of GDP | 0.2493 current US$ per US$ of GDP | Faroe Islands |
| 2000s | 0.3723 current US$ per US$ of GDP | 0.243 current US$ per US$ of GDP | 0.1292 current US$ per US$ of GDP | Faroe Islands |
| 2010s | 0.4509 current US$ per US$ of GDP | 0.2147 current US$ per US$ of GDP | 0.2362 current US$ per US$ of GDP | Faroe Islands |
| 2020s | 0.5124 current US$ per US$ of GDP | 0.2145 current US$ per US$ of GDP | 0.2979 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$), per unit, Faroe Islands or IDA & IBRD total?
- Faroe Islands, at 0.5951 current US$ per US$ of GDP against 0.2122 current US$ per US$ of GDP in IDA & IBRD total as of 2023.
- What is the difference in merchandise exports by the reporting economy (current us$), per unit between Faroe Islands and IDA & IBRD total?
- 0.3829 current US$ per US$ of GDP, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and IDA & IBRD total?
- 59 years are reported by both, from 1965 to 2023.
- How do Faroe Islands and IDA & IBRD total rank globally for merchandise exports by the reporting economy (current us$), per unit?
- Faroe Islands ranks 20th and IDA & IBRD total ranks 20th of 202 countries.
- Where does this data come from?
- Statizoid (derived), published as Merchandise exports by the reporting economy (current US$), 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.