Faroe Islands vs IDA only: Merchandise exports (current US$), per unit of GDP

Faroe Islands
0.4389 current US$ per US$ of GDP
in 2024
IDA only
0.1948 current US$ per US$ of GDP
in 2025
Faroe Islands rank
37th
IDA only rank
35th

Merchandise exports (current US$), per unit of GDP over time

  • Faroe Islands
  • IDA only
0.10.20.30.40.5196019922025

How they compare

Faroe Islands currently reports 0.4389 current US$ per US$ of GDP against 0.1948 current US$ per US$ of GDP in IDA only, a difference of 0.2441 current US$ per US$ of GDP.

That makes Faroe Islands's figure about 2.3 times IDA only's.

Across all 60 years both countries report, Faroe Islands has been ahead every year.

Faroe Islands ranks 37th and IDA only ranks 35th of 203 countries.

Faroe Islands has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade Faroe Islands IDA only Difference Ahead
1960s 0.3695 current US$ per US$ of GDP 0.1056 current US$ per US$ of GDP 0.2639 current US$ per US$ of GDP Faroe Islands
1970s 0.3902 current US$ per US$ of GDP 0.1122 current US$ per US$ of GDP 0.2779 current US$ per US$ of GDP Faroe Islands
1980s 0.3688 current US$ per US$ of GDP 0.0995 current US$ per US$ of GDP 0.2693 current US$ per US$ of GDP Faroe Islands
1990s 0.4302 current US$ per US$ of GDP 0.1342 current US$ per US$ of GDP 0.296 current US$ per US$ of GDP Faroe Islands
2000s 0.3716 current US$ per US$ of GDP 0.1793 current US$ per US$ of GDP 0.1923 current US$ per US$ of GDP Faroe Islands
2010s 0.4046 current US$ per US$ of GDP 0.1664 current US$ per US$ of GDP 0.2382 current US$ per US$ of GDP Faroe Islands
2020s 0.4433 current US$ per US$ of GDP 0.1737 current US$ per US$ of GDP 0.2696 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 (current us$), per unit of gdp, Faroe Islands or IDA only?
Faroe Islands, at 0.4389 current US$ per US$ of GDP against 0.1948 current US$ per US$ of GDP in IDA only as of 2024.
What is the difference in merchandise exports (current us$), per unit of gdp between Faroe Islands and IDA only?
0.2441 current US$ per US$ of GDP, with Faroe Islands ahead.
How many years of comparable data are there for Faroe Islands and IDA only?
60 years are reported by both, from 1965 to 2024.
How do Faroe Islands and IDA only rank globally for merchandise exports (current us$), per unit of gdp?
Faroe Islands ranks 37th and IDA only ranks 35th of 203 countries.
Where does this data come from?
Statizoid (derived), published as Merchandise exports (current US$), 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 IDA only: Merchandise exports (current US$), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 04 September 2026, from https://private-sector.statizoid.com/compare/merchandise-exports-current-us-per-unit-of-gdp/faroe-islands/ida-only/

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About this data

Indicator
Merchandise exports (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
250 places, 13,939 data points, 1960–2025
Last refreshed

Merchandise exports (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.