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

Faroe Islands
0.4389 current US$ per US$ of GDP
in 2024
OECD members
0.2 current US$ per US$ of GDP
in 2025
Faroe Islands rank
37th
OECD members rank
34th

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

  • Faroe Islands
  • OECD members
0.10.20.30.40.5196019922025

How they compare

Faroe Islands currently reports 0.4389 current US$ per US$ of GDP against 0.2 current US$ per US$ of GDP in OECD members, a difference of 0.2389 current US$ per US$ of GDP.

That makes Faroe Islands's figure about 2.2 times OECD members's.

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

Faroe Islands ranks 37th and OECD members ranks 34th 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 OECD members Difference Ahead
1960s 0.3695 current US$ per US$ of GDP 0.088 current US$ per US$ of GDP 0.2814 current US$ per US$ of GDP Faroe Islands
1970s 0.3902 current US$ per US$ of GDP 0.1223 current US$ per US$ of GDP 0.2679 current US$ per US$ of GDP Faroe Islands
1980s 0.3688 current US$ per US$ of GDP 0.139 current US$ per US$ of GDP 0.2298 current US$ per US$ of GDP Faroe Islands
1990s 0.4302 current US$ per US$ of GDP 0.1455 current US$ per US$ of GDP 0.2847 current US$ per US$ of GDP Faroe Islands
2000s 0.3716 current US$ per US$ of GDP 0.1819 current US$ per US$ of GDP 0.1898 current US$ per US$ of GDP Faroe Islands
2010s 0.4046 current US$ per US$ of GDP 0.2086 current US$ per US$ of GDP 0.196 current US$ per US$ of GDP Faroe Islands
2020s 0.4433 current US$ per US$ of GDP 0.2067 current US$ per US$ of GDP 0.2366 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$), per unit of gdp, Faroe Islands or OECD members?
Faroe Islands, at 0.4389 current US$ per US$ of GDP against 0.2 current US$ per US$ of GDP in OECD members as of 2024.
What is the difference in merchandise exports (current us$), per unit of gdp between Faroe Islands and OECD members?
0.2389 current US$ per US$ of GDP, with Faroe Islands ahead.
How many years of comparable data are there for Faroe Islands and OECD members?
60 years are reported by both, from 1965 to 2024.
How do Faroe Islands and OECD members rank globally for merchandise exports (current us$), per unit of gdp?
Faroe Islands ranks 37th and OECD members ranks 34th of 203 countries.
Where does this data come from?
Statizoid (derived), published as Merchandise exports (current US$), 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 OECD members: Merchandise exports (current US$), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 03 September 2026, from https://private-sector.statizoid.com/compare/merchandise-exports-current-us-per-unit-of-gdp/faroe-islands/oecd-members/

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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.