Faroe Islands vs Least developed countries: Merchandise exports (current US$), per unit of GDP

Faroe Islands
0.4389 current US$ per US$ of GDP
in 2024
Least developed countries
0.1884 current US$ per US$ of GDP
in 2025
Faroe Islands rank
37th
Least developed countries rank
37th

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

  • Faroe Islands
  • Least developed countries
0.10.20.30.40.5196019922025

How they compare

Faroe Islands currently reports 0.4389 current US$ per US$ of GDP against 0.1884 current US$ per US$ of GDP in Least developed countries, a difference of 0.2505 current US$ per US$ of GDP.

That makes Faroe Islands's figure about 2.3 times Least developed countries's.

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

Faroe Islands ranks 37th and Least developed countries ranks 37th 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 Least developed countries Difference Ahead
1960s 0.3695 current US$ per US$ of GDP 0.0947 current US$ per US$ of GDP 0.2748 current US$ per US$ of GDP Faroe Islands
1970s 0.3902 current US$ per US$ of GDP 0.1022 current US$ per US$ of GDP 0.288 current US$ per US$ of GDP Faroe Islands
1980s 0.3688 current US$ per US$ of GDP 0.0941 current US$ per US$ of GDP 0.2747 current US$ per US$ of GDP Faroe Islands
1990s 0.4302 current US$ per US$ of GDP 0.1201 current US$ per US$ of GDP 0.3101 current US$ per US$ of GDP Faroe Islands
2000s 0.3716 current US$ per US$ of GDP 0.1909 current US$ per US$ of GDP 0.1807 current US$ per US$ of GDP Faroe Islands
2010s 0.4046 current US$ per US$ of GDP 0.1918 current US$ per US$ of GDP 0.2128 current US$ per US$ of GDP Faroe Islands
2020s 0.4433 current US$ per US$ of GDP 0.1768 current US$ per US$ of GDP 0.2665 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$), per unit of gdp, Faroe Islands or Least developed countries?
Faroe Islands, at 0.4389 current US$ per US$ of GDP against 0.1884 current US$ per US$ of GDP in Least developed countries as of 2024.
What is the difference in merchandise exports (current us$), per unit of gdp between Faroe Islands and Least developed countries?
0.2505 current US$ per US$ of GDP, with Faroe Islands ahead.
How many years of comparable data are there for Faroe Islands and Least developed countries?
60 years are reported by both, from 1965 to 2024.
How do Faroe Islands and Least developed countries rank globally for merchandise exports (current us$), per unit of gdp?
Faroe Islands ranks 37th and Least developed countries ranks 37th of 203 countries.
Where does this data come from?
Statizoid (derived), published as Merchandise exports (current US$), 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 Least developed countries: Merchandise exports (current US$), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 02 September 2026, from https://private-sector.statizoid.com/compare/merchandise-exports-current-us-per-unit-of-gdp/faroe-islands/least-developed-countries-un-classification/

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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.