Faroe Islands vs OECD members: Merchandise exports by the reporting economy (current US$), per unit
Faroe Islands
0.5951 current US$ per US$ of GDP
in 2023
OECD members
0.2052 current US$ per US$ of GDP
in 2023
Faroe Islands rank
20th
OECD members rank
23rd
Merchandise exports by the reporting economy (current US$), per unit over time
- Faroe Islands
- OECD members
How they compare
Faroe Islands currently reports 0.5951 current US$ per US$ of GDP against 0.2052 current US$ per US$ of GDP in OECD members, a difference of 0.3899 current US$ per US$ of GDP.
That makes Faroe Islands's figure about 2.9 times OECD members's.
Across all 59 years both countries report, Faroe Islands has been ahead every year.
Faroe Islands ranks 20th and OECD members ranks 23rd 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 | OECD members | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 0.3548 current US$ per US$ of GDP | 0.0736 current US$ per US$ of GDP | 0.2812 current US$ per US$ of GDP | Faroe Islands |
| 1970s | 0.3788 current US$ per US$ of GDP | 0.1023 current US$ per US$ of GDP | 0.2766 current US$ per US$ of GDP | Faroe Islands |
| 1980s | 0.3623 current US$ per US$ of GDP | 0.1187 current US$ per US$ of GDP | 0.2436 current US$ per US$ of GDP | Faroe Islands |
| 1990s | 0.395 current US$ per US$ of GDP | 0.132 current US$ per US$ of GDP | 0.263 current US$ per US$ of GDP | Faroe Islands |
| 2000s | 0.3723 current US$ per US$ of GDP | 0.1798 current US$ per US$ of GDP | 0.1924 current US$ per US$ of GDP | Faroe Islands |
| 2010s | 0.4509 current US$ per US$ of GDP | 0.2068 current US$ per US$ of GDP | 0.244 current US$ per US$ of GDP | Faroe Islands |
| 2020s | 0.5124 current US$ per US$ of GDP | 0.2066 current US$ per US$ of GDP | 0.3058 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$), per unit, Faroe Islands or OECD members?
- Faroe Islands, at 0.5951 current US$ per US$ of GDP against 0.2052 current US$ per US$ of GDP in OECD members as of 2023.
- What is the difference in merchandise exports by the reporting economy (current us$), per unit between Faroe Islands and OECD members?
- 0.3899 current US$ per US$ of GDP, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and OECD members?
- 59 years are reported by both, from 1965 to 2023.
- How do Faroe Islands and OECD members rank globally for merchandise exports by the reporting economy (current us$), per unit?
- Faroe Islands ranks 20th and OECD members ranks 23rd of 202 countries.
- Where does this data come from?
- Statizoid (derived), published as Merchandise exports by the reporting economy (current US$), 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.