Faroe Islands vs Thailand: Merchandise exports by the reporting economy (current US$), per unit

Faroe Islands
0.5951 current US$ per US$ of GDP
in 2023
Thailand
0.5422 current US$ per US$ of GDP
in 2023
Faroe Islands rank
20th
Thailand rank
22nd

Merchandise exports by the reporting economy (current US$), per unit over time

  • Faroe Islands
  • Thailand
00.20.40.6196019912023

How they compare

Faroe Islands currently reports 0.5951 current US$ per US$ of GDP against 0.5422 current US$ per US$ of GDP in Thailand, a difference of 0.0529 current US$ per US$ of GDP.

That makes Faroe Islands's figure about 1.1 times Thailand's.

The two have swapped places 4 times across 59 shared years of data; in 1965 it was Faroe Islands ahead.

Faroe Islands ranks 20th and Thailand ranks 22nd of 202 countries.

Across the 7 decades both report, Faroe Islands averaged higher in 4 and Thailand in 3.

Head to head by decade

Decade Faroe Islands Thailand Difference Ahead
1960s 0.3548 current US$ per US$ of GDP 0.1122 current US$ per US$ of GDP 0.2426 current US$ per US$ of GDP Faroe Islands
1970s 0.3788 current US$ per US$ of GDP 0.1491 current US$ per US$ of GDP 0.2297 current US$ per US$ of GDP Faroe Islands
1980s 0.3623 current US$ per US$ of GDP 0.2013 current US$ per US$ of GDP 0.161 current US$ per US$ of GDP Faroe Islands
1990s 0.395 current US$ per US$ of GDP 0.3306 current US$ per US$ of GDP 0.0643 current US$ per US$ of GDP Faroe Islands
2000s 0.3723 current US$ per US$ of GDP 0.5557 current US$ per US$ of GDP 0.1834 current US$ per US$ of GDP Thailand
2010s 0.4509 current US$ per US$ of GDP 0.5298 current US$ per US$ of GDP 0.0789 current US$ per US$ of GDP Thailand
2020s 0.5124 current US$ per US$ of GDP 0.5236 current US$ per US$ of GDP 0.0113 current US$ per US$ of GDP Thailand

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise exports by the reporting economy (current us$), per unit, Faroe Islands or Thailand?
Faroe Islands, at 0.5951 current US$ per US$ of GDP against 0.5422 current US$ per US$ of GDP in Thailand as of 2023.
What is the difference in merchandise exports by the reporting economy (current us$), per unit between Faroe Islands and Thailand?
0.0529 current US$ per US$ of GDP, with Faroe Islands ahead.
How many years of comparable data are there for Faroe Islands and Thailand?
59 years are reported by both, from 1965 to 2023.
How do Faroe Islands and Thailand rank globally for merchandise exports by the reporting economy (current us$), per unit?
Faroe Islands ranks 20th and Thailand ranks 22nd of 202 countries.
Where does this data come from?
Statizoid (derived), published as Merchandise exports by the reporting economy (current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs Thailand: Merchandise exports by the reporting economy (current US$), per unit. Statizoid, drawing on Statizoid (derived). Retrieved 14 September 2026, from https://private-sector.statizoid.com/compare/merchandise-exports-by-the-reporting-economy-current-us-per-unit-of-gdp/faroe-islands/thailand/

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<a href="https://private-sector.statizoid.com/compare/merchandise-exports-by-the-reporting-economy-current-us-per-unit-of-gdp/faroe-islands/thailand/">Faroe Islands vs Thailand: Merchandise exports by the reporting economy (current US$), per unit</a> — Statizoid

About this data

Indicator
Merchandise exports by the reporting economy (current US$), per unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
249 places, 12,888 data points, 1960–2023
Last refreshed

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.