Europe & Central Asia (IDA & IBRD countries) vs Faroe Islands: Merchandise imports by the reporting economy (current US$), per capita

Europe & Central Asia (IDA & IBRD countries)
3,439 current US$ per person
in 2023
Faroe Islands
35,479 current US$ per person
in 2023
Europe & Central Asia (IDA & IBRD countries) rank
11th
Faroe Islands rank
10th

Merchandise imports by the reporting economy (current US$), per capita over time

  • Europe & Central Asia (IDA & IBRD countries)
  • Faroe Islands
010.0k20.0k30.0k40.0k196019912023

How they compare

Faroe Islands currently reports 35,479 current US$ per person against 3,439 current US$ per person in Europe & Central Asia (IDA & IBRD countries), a difference of 32,040 current US$ per person.

That makes Faroe Islands's figure about 10.3 times Europe & Central Asia (IDA & IBRD countries)'s.

The two have swapped places 1 time across 62 shared years of data; in 1962 it was Europe & Central Asia (IDA & IBRD countries) ahead.

Europe & Central Asia (IDA & IBRD countries) ranks 11th and Faroe Islands ranks 10th of 44 groups.

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

Head to head by decade

Decade Europe & Central Asia (IDA & IBRD countries) Faroe Islands Difference Ahead
1960s 3.97 current US$ per person 618.09 current US$ per person 614.12 current US$ per person Faroe Islands
1970s 35.04 current US$ per person 2,596 current US$ per person 2,561 current US$ per person Faroe Islands
1980s 64.53 current US$ per person 6,569 current US$ per person 6,505 current US$ per person Faroe Islands
1990s 302.56 current US$ per person 6,765 current US$ per person 6,463 current US$ per person Faroe Islands
2000s 1,171 current US$ per person 14,989 current US$ per person 13,818 current US$ per person Faroe Islands
2010s 2,338 current US$ per person 24,668 current US$ per person 22,330 current US$ per person Faroe Islands
2020s 2,985 current US$ per person 31,699 current US$ per person 28,714 current US$ per person Faroe Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise imports by the reporting economy (current us$), per capita, Europe & Central Asia (IDA & IBRD countries) or Faroe Islands?
Faroe Islands, at 35,479 current US$ per person against 3,439 current US$ per person in Europe & Central Asia (IDA & IBRD countries) as of 2023.
What is the difference in merchandise imports by the reporting economy (current us$), per capita between Europe & Central Asia (IDA & IBRD countries) and Faroe Islands?
32,040 current US$ per person, with Faroe Islands ahead.
How many years of comparable data are there for Europe & Central Asia (IDA & IBRD countries) and Faroe Islands?
62 years are reported by both, from 1962 to 2023.
How do Europe & Central Asia (IDA & IBRD countries) and Faroe Islands rank globally for merchandise imports by the reporting economy (current us$), per capita?
Europe & Central Asia (IDA & IBRD countries) ranks 11th and Faroe Islands ranks 10th of 44 groups.
Where does this data come from?
Statizoid (derived), published as Merchandise imports by the reporting economy (current US$), per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Europe & Central Asia (IDA & IBRD countries) vs Faroe Islands: Merchandise imports by the reporting economy (current US$), per capita. Statizoid, drawing on Statizoid (derived). Retrieved 16 September 2026, from https://private-sector.statizoid.com/compare/merchandise-imports-by-the-reporting-economy-current-us-per-capita/europe-and-central-asia-ida-and-ibrd-countries/faroe-islands/

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About this data

Indicator
Merchandise imports by the reporting economy (current US$), per capita
Unit
current US$ per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
253 places, 13,515 data points, 1960–2023
Last refreshed

Merchandise imports by the reporting economy (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.