Caribbean Small States vs Faroe Islands: Merchandise imports from low- and middle-income economies in Europe &

Caribbean Small States
1.3%
in 2023
Faroe Islands
6.8%
in 2023
Caribbean Small States rank
37th
Faroe Islands rank
37th

Merchandise imports from low- and middle-income economies in Europe & over time

  • Caribbean Small States
  • Faroe Islands
02.557.510196219922023

How they compare

Faroe Islands currently reports 6.8% against 1.3% in Caribbean Small States, a difference of 5.5%.

That makes Faroe Islands's figure about 5.1 times Caribbean Small States's.

The two have swapped places 12 times across 34 shared years of data; in 1987 it was Faroe Islands ahead.

Caribbean Small States ranks 37th and Faroe Islands ranks 37th of 47 groups.

Across the 5 decades both report, Caribbean Small States averaged higher in 1 and Faroe Islands in 4.

Head to head by decade

Decade Caribbean Small States Faroe Islands Difference Ahead
1980s 0.0% 0.0% 0.0% Faroe Islands
1990s 0.1% 0.1% 0.0% Caribbean Small States
2000s 0.3% 0.6% 0.2% Faroe Islands
2010s 0.6% 1.6% 1.1% Faroe Islands
2020s 1.3% 2.8% 1.5% Faroe Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise imports from low- and middle-income economies in europe &, Caribbean Small States or Faroe Islands?
Faroe Islands, at 6.8% against 1.3% in Caribbean Small States as of 2023.
What is the difference in merchandise imports from low- and middle-income economies in europe & between Caribbean Small States and Faroe Islands?
5.5%, with Faroe Islands ahead.
How many years of comparable data are there for Caribbean Small States and Faroe Islands?
34 years are reported by both, from 1987 to 2023.
How do Caribbean Small States and Faroe Islands rank globally for merchandise imports from low- and middle-income economies in europe &?
Caribbean Small States ranks 37th and Faroe Islands ranks 37th of 47 groups.
Where does this data come from?
Staff estimates, World Bank (WB), published as Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Caribbean Small States vs Faroe Islands: Merchandise imports from low- and middle-income economies in Europe &. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 18 September 2026, from https://private-sector.statizoid.com/compare/merchandise-imports-from-low-and-middle-income-economies-in-europe-and-central-asia/caribbean-small-states/faroe-islands/

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About this data

Indicator
Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports)
Unit
% of total merchandise imports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 11,208 data points, 1960–2023
Last refreshed

Merchandise imports from low- and middle-income economies in Europe and Central Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Europe and Central Asia region 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.