Faroe Islands vs Latin America & Caribbean (excluding high income): Merchandise imports from high-income economies
Merchandise imports from high-income economies over time
- Faroe Islands
- Latin America & Caribbean (excluding high income)
How they compare
Faroe Islands currently reports 84.1% against 59.1% in Latin America & Caribbean (excluding high income), a difference of 25.0%.
That makes Faroe Islands's figure about 1.4 times Latin America & Caribbean (excluding high income)'s.
Across all 62 years both countries report, Faroe Islands has been ahead every year.
Faroe Islands ranks 27th and Latin America & Caribbean (excluding high income) ranks 24th of 206 countries.
Faroe Islands has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Faroe Islands | Latin America & Caribbean (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 99.9% | 88.3% | 11.6% | Faroe Islands |
| 1970s | 99.8% | 84.2% | 15.6% | Faroe Islands |
| 1980s | 99.6% | 78.7% | 21.0% | Faroe Islands |
| 1990s | 98.9% | 82.9% | 16.0% | Faroe Islands |
| 2000s | 93.0% | 73.1% | 19.9% | Faroe Islands |
| 2010s | 83.8% | 62.1% | 21.7% | Faroe Islands |
| 2020s | 86.9% | 59.0% | 27.8% | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise imports from high-income economies, Faroe Islands or Latin America & Caribbean (excluding high income)?
- Faroe Islands, at 84.1% against 59.1% in Latin America & Caribbean (excluding high income) as of 2023.
- What is the difference in merchandise imports from high-income economies between Faroe Islands and Latin America & Caribbean (excluding high income)?
- 25.0%, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Latin America & Caribbean (excluding high income)?
- 62 years are reported by both, from 1962 to 2023.
- How do Faroe Islands and Latin America & Caribbean (excluding high income) rank globally for merchandise imports from high-income economies?
- Faroe Islands ranks 27th and Latin America & Caribbean (excluding high income) ranks 24th of 206 countries.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Merchandise imports from high-income economies (% 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 from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.