East Asia & Pacific (IDA & IBRD countries) vs Faroe Islands: Merchandise imports from low- and middle-income economies in Europe &

East Asia & Pacific (IDA & IBRD countries)
1.3%
in 2023
Faroe Islands
6.8%
in 2023
East Asia & Pacific (IDA & IBRD countries) rank
39th
Faroe Islands rank
37th

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

  • East Asia & Pacific (IDA & IBRD countries)
  • Faroe Islands
02.557.510196019912023

How they compare

Faroe Islands currently reports 6.8% against 1.3% in East Asia & Pacific (IDA & IBRD countries), a difference of 5.5%.

That makes Faroe Islands's figure about 5.4 times East Asia & Pacific (IDA & IBRD countries)'s.

The two have swapped places 5 times across 34 shared years of data; in 1987 it was East Asia & Pacific (IDA & IBRD countries) ahead.

East Asia & Pacific (IDA & IBRD countries) ranks 39th and Faroe Islands ranks 37th of 47 groups.

Across the 5 decades both report, East Asia & Pacific (IDA & IBRD countries) averaged higher in 3 and Faroe Islands in 2.

Head to head by decade

Decade East Asia & Pacific (IDA & IBRD countries) Faroe Islands Difference Ahead
1980s 0.2% 0.0% 0.2% East Asia & Pacific (IDA & IBRD countries)
1990s 0.4% 0.1% 0.4% East Asia & Pacific (IDA & IBRD countries)
2000s 0.8% 0.6% 0.2% East Asia & Pacific (IDA & IBRD countries)
2010s 1.3% 1.6% 0.3% Faroe Islands
2020s 1.2% 2.8% 1.6% 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 &, East Asia & Pacific (IDA & IBRD countries) or Faroe Islands?
Faroe Islands, at 6.8% against 1.3% in East Asia & Pacific (IDA & IBRD countries) as of 2023.
What is the difference in merchandise imports from low- and middle-income economies in europe & between East Asia & Pacific (IDA & IBRD countries) and Faroe Islands?
5.5%, with Faroe Islands ahead.
How many years of comparable data are there for East Asia & Pacific (IDA & IBRD countries) and Faroe Islands?
34 years are reported by both, from 1987 to 2023.
How do East Asia & Pacific (IDA & IBRD countries) and Faroe Islands rank globally for merchandise imports from low- and middle-income economies in europe &?
East Asia & Pacific (IDA & IBRD countries) ranks 39th 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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East Asia & Pacific (IDA & IBRD countries) 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/east-asia-and-pacific-ida-and-ibrd-countries/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.