Faroe Islands vs Latin America & Caribbean: Merchandise imports from high-income economies
Merchandise imports from high-income economies over time
- Faroe Islands
- Latin America & Caribbean
How they compare
Faroe Islands currently reports 84.1% against 58.4% in Latin America & Caribbean, a difference of 25.7%.
That makes Faroe Islands's figure about 1.4 times Latin America & Caribbean's.
Across all 62 years both countries report, Faroe Islands has been ahead every year.
Faroe Islands ranks 27th and Latin America & Caribbean ranks 25th 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 | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 99.9% | 85.9% | 14.0% | Faroe Islands |
| 1970s | 99.8% | 80.8% | 19.0% | Faroe Islands |
| 1980s | 99.6% | 76.9% | 22.7% | Faroe Islands |
| 1990s | 98.9% | 81.3% | 17.6% | Faroe Islands |
| 2000s | 93.0% | 71.4% | 21.5% | Faroe Islands |
| 2010s | 83.8% | 61.1% | 22.6% | Faroe Islands |
| 2020s | 86.9% | 58.0% | 28.9% | 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?
- Faroe Islands, at 84.1% against 58.4% in Latin America & Caribbean as of 2023.
- What is the difference in merchandise imports from high-income economies between Faroe Islands and Latin America & Caribbean?
- 25.7%, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Latin America & Caribbean?
- 62 years are reported by both, from 1962 to 2023.
- How do Faroe Islands and Latin America & Caribbean rank globally for merchandise imports from high-income economies?
- Faroe Islands ranks 27th and Latin America & Caribbean ranks 25th 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.