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

Faroe Islands
0.4895 current US$ per US$ of GDP
in 2023
Liberia
0.4937 current US$ per US$ of GDP
in 2023
Faroe Islands rank
48th
Liberia rank
47th

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

  • Faroe Islands
  • Liberia
01020304050196519942023

How they compare

Liberia currently reports 0.4937 current US$ per US$ of GDP against 0.4895 current US$ per US$ of GDP in Faroe Islands, a difference of 0.0042 current US$ per US$ of GDP.

The two have swapped places 13 times across 58 shared years of data; in 1966 it was Faroe Islands ahead.

Faroe Islands ranks 48th and Liberia ranks 47th of 202 countries.

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

Head to head by decade

Decade Faroe Islands Liberia Difference Ahead
1960s 0.4288 current US$ per US$ of GDP 0.4005 current US$ per US$ of GDP 0.0282 current US$ per US$ of GDP Faroe Islands
1970s 0.4397 current US$ per US$ of GDP 0.554 current US$ per US$ of GDP 0.1143 current US$ per US$ of GDP Liberia
1980s 0.491 current US$ per US$ of GDP 0.4098 current US$ per US$ of GDP 0.0812 current US$ per US$ of GDP Faroe Islands
1990s 0.3272 current US$ per US$ of GDP 22.99 current US$ per US$ of GDP 22.66 current US$ per US$ of GDP Liberia
2000s 0.4147 current US$ per US$ of GDP 0.5182 current US$ per US$ of GDP 0.1034 current US$ per US$ of GDP Liberia
2010s 0.4424 current US$ per US$ of GDP 0.5707 current US$ per US$ of GDP 0.1283 current US$ per US$ of GDP Liberia
2020s 0.4668 current US$ per US$ of GDP 0.4227 current US$ per US$ of GDP 0.044 current US$ per US$ of GDP 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$), per unit, Faroe Islands or Liberia?
Liberia, at 0.4937 current US$ per US$ of GDP against 0.4895 current US$ per US$ of GDP in Faroe Islands as of 2023.
What is the difference in merchandise imports by the reporting economy (current us$), per unit between Faroe Islands and Liberia?
0.0042 current US$ per US$ of GDP, with Liberia ahead.
How many years of comparable data are there for Faroe Islands and Liberia?
58 years are reported by both, from 1966 to 2023.
How do Faroe Islands and Liberia rank globally for merchandise imports by the reporting economy (current us$), per unit?
Faroe Islands ranks 48th and Liberia ranks 47th of 202 countries.
Where does this data come from?
Statizoid (derived), published as Merchandise imports by the reporting economy (current US$), 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 Liberia: Merchandise imports by the reporting economy (current US$), per unit. Statizoid, drawing on Statizoid (derived). Retrieved 13 September 2026, from https://private-sector.statizoid.com/compare/merchandise-imports-by-the-reporting-economy-current-us-per-unit-of-gdp/faroe-islands/liberia/

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

About this data

Indicator
Merchandise imports 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, 12,916 data points, 1960–2023
Last refreshed

Merchandise imports 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.