Faroe Islands vs Iceland: Merchandise imports by the reporting economy, residual
Merchandise imports by the reporting economy, residual over time
- Faroe Islands
- Iceland
How they compare
Iceland currently reports 0.0% against 0.0% in Faroe Islands, a difference of 0.0%.
The two have swapped places 14 times across 62 shared years of data; in 1962 it was Iceland ahead.
Faroe Islands ranks 104th and Iceland ranks 103rd of 206 countries.
Across the 7 decades both report, Faroe Islands averaged higher in 1 and Iceland in 6.
Head to head by decade
| Decade | Faroe Islands | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 0.0% | 0.1% | 0.1% | Iceland |
| 1970s | 0.0% | 0.0% | 0.0% | Iceland |
| 1980s | -0.0% | 0.0% | 0.0% | Iceland |
| 1990s | 0.0% | 0.0% | 0.0% | Iceland |
| 2000s | 0.0% | 0.1% | 0.1% | Iceland |
| 2010s | 0.0% | 0.4% | 0.4% | Iceland |
| 2020s | 0.0% | 0.0% | 0.0% | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise imports by the reporting economy, residual, Faroe Islands or Iceland?
- Iceland, at 0.0% against 0.0% in Faroe Islands as of 2023.
- What is the difference in merchandise imports by the reporting economy, residual between Faroe Islands and Iceland?
- 0.0%, with Iceland ahead.
- How many years of comparable data are there for Faroe Islands and Iceland?
- 62 years are reported by both, from 1962 to 2023.
- How do Faroe Islands and Iceland rank globally for merchandise imports by the reporting economy, residual?
- Faroe Islands ranks 104th and Iceland ranks 103rd of 206 countries.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Merchandise imports by the reporting economy, residual (% of total merchandise imports). 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 residuals 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, less the sum of imports by the reporting economy from high-, low-, and middle-income economies according to the World Bank classification of economies. Includes trade with unspecified partners or with economies not covered by World Bank classification. Data are as a percentage of total merchandise imports by the economy.