Barbados vs Faroe Islands: Merchandise imports by the reporting economy
Barbados
2.12 billion current US$
in 2023
Faroe Islands
1.93 billion current US$
in 2023
Barbados rank
164th
Faroe Islands rank
167th
Merchandise imports by the reporting economy over time
- Barbados
- Faroe Islands
How they compare
Barbados currently reports 2.12 billion current US$ against 1.93 billion current US$ in Faroe Islands, a difference of 192.74 million current US$.
That makes Barbados's figure about 1.1 times Faroe Islands's.
The two have swapped places 2 times across 61 shared years of data; in 1962 it was Barbados ahead.
Barbados ranks 164th and Faroe Islands ranks 167th of 206 countries.
Barbados has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Barbados | Faroe Islands | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 64.03 million current US$ | 21.58 million current US$ | 42.44 million current US$ | Barbados |
| 1970s | 215.94 million current US$ | 106.55 million current US$ | 109.39 million current US$ | Barbados |
| 1980s | 565.41 million current US$ | 300.89 million current US$ | 264.52 million current US$ | Barbados |
| 1990s | 769.27 million current US$ | 307.43 million current US$ | 461.84 million current US$ | Barbados |
| 2000s | 1.35 billion current US$ | 719.58 million current US$ | 632.50 million current US$ | Barbados |
| 2010s | 1.61 billion current US$ | 1.22 billion current US$ | 388.59 million current US$ | Barbados |
| 2020s | 1.86 billion current US$ | 1.70 billion current US$ | 156.60 million current US$ | Barbados |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise imports by the reporting economy, Barbados or Faroe Islands?
- Barbados, at 2.12 billion current US$ against 1.93 billion current US$ in Faroe Islands as of 2023.
- What is the difference in merchandise imports by the reporting economy between Barbados and Faroe Islands?
- 192.74 million current US$, with Barbados ahead.
- How many years of comparable data are there for Barbados and Faroe Islands?
- 61 years are reported by both, from 1962 to 2023.
- How do Barbados and Faroe Islands rank globally for merchandise imports by the reporting economy?
- Barbados ranks 164th and Faroe Islands ranks 167th of 206 countries.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Merchandise imports by the reporting economy (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.