Faroe Islands vs Iceland: Merchandise imports (current US$), annual growth rate

Faroe Islands
11.44 % change on previous year
in 2025
Iceland
11.57 % change on previous year
in 2025
Faroe Islands rank
55th
Iceland rank
54th

Merchandise imports (current US$), annual growth rate over time

  • Faroe Islands
  • Iceland
-40-200204060196119932025

How they compare

Iceland currently reports 11.57 % change on previous year against 11.44 % change on previous year in Faroe Islands, a difference of 0.13 % change on previous year.

The two have swapped places 33 times across 65 shared years of data; in 1961 it was Faroe Islands ahead.

Faroe Islands ranks 55th and Iceland ranks 54th of 206 countries.

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

Head to head by decade

Decade Faroe Islands Iceland Difference Ahead
1960s 9.52 % change on previous year 3.68 % change on previous year 5.84 % change on previous year Faroe Islands
1970s 21.08 % change on previous year 22.29 % change on previous year 1.21 % change on previous year Iceland
1980s 7.74 % change on previous year 6.82 % change on previous year 0.9175 % change on previous year Faroe Islands
1990s 4.76 % change on previous year 6.85 % change on previous year 2.1 % change on previous year Iceland
2000s 7.02 % change on previous year 6.38 % change on previous year 0.6411 % change on previous year Faroe Islands
2010s 5.21 % change on previous year 6.73 % change on previous year 1.52 % change on previous year Iceland
2020s 5.7 % change on previous year 10.09 % change on previous year 4.39 % change on previous year Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise imports (current us$), annual growth rate, Faroe Islands or Iceland?
Iceland, at 11.57 % change on previous year against 11.44 % change on previous year in Faroe Islands as of 2025.
What is the difference in merchandise imports (current us$), annual growth rate between Faroe Islands and Iceland?
0.13 % change on previous year, with Iceland ahead.
How many years of comparable data are there for Faroe Islands and Iceland?
65 years are reported by both, from 1961 to 2025.
How do Faroe Islands and Iceland rank globally for merchandise imports (current us$), annual growth rate?
Faroe Islands ranks 55th and Iceland ranks 54th of 206 countries.
Where does this data come from?
Statizoid (derived), published as Merchandise imports (current US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs Iceland: Merchandise imports (current US$), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 30 August 2026, from https://private-sector.statizoid.com/compare/merchandise-imports-current-us-annual-growth-rate/faroe-islands/iceland/

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About this data

Indicator
Merchandise imports (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
253 places, 14,588 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Merchandise imports (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.