Bosnia and Herzegovina vs Faroe Islands: Merchandise trade

Bosnia and Herzegovina
83.3%
in 2025
Faroe Islands
80.8%
in 2024
Bosnia and Herzegovina rank
47th
Faroe Islands rank
49th

Merchandise trade over time

  • Bosnia and Herzegovina
  • Faroe Islands
20406080100196519952025

How they compare

Bosnia and Herzegovina currently reports 83.3% against 80.8% in Faroe Islands, a difference of 2.5%.

The two have swapped places 9 times across 33 shared years of data; in 1992 it was Faroe Islands ahead.

Bosnia and Herzegovina ranks 47th and Faroe Islands ranks 49th of 204 countries.

Across the 4 decades both report, Bosnia and Herzegovina averaged higher in 3 and Faroe Islands in 1.

Head to head by decade

Decade Bosnia and Herzegovina Faroe Islands Difference Ahead
1990s 62.7% 77.9% 15.3% Faroe Islands
2000s 78.9% 78.8% 0.1% Bosnia and Herzegovina
2010s 88.0% 78.6% 9.5% Bosnia and Herzegovina
2020s 89.0% 85.2% 3.8% Bosnia and Herzegovina

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise trade, Bosnia and Herzegovina or Faroe Islands?
Bosnia and Herzegovina, at 83.3% against 80.8% in Faroe Islands as of 2025.
What is the difference in merchandise trade between Bosnia and Herzegovina and Faroe Islands?
2.5%, with Bosnia and Herzegovina ahead.
How many years of comparable data are there for Bosnia and Herzegovina and Faroe Islands?
33 years are reported by both, from 1992 to 2024.
How do Bosnia and Herzegovina and Faroe Islands rank globally for merchandise trade?
Bosnia and Herzegovina ranks 47th and Faroe Islands ranks 49th of 204 countries.
Where does this data come from?
World Trade Organization (WTO), published as Merchandise trade (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Bosnia and Herzegovina vs Faroe Islands: Merchandise trade. Statizoid, drawing on World Trade Organization (WTO). Retrieved 17 September 2026, from https://private-sector.statizoid.com/compare/merchandise-trade-percent-of-gdp/bosnia-and-herzegovina/faroe-islands/

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About this data

Indicator
Merchandise trade (% of GDP)
Unit
% of GDP
Source
World Trade Organization (WTO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
251 places, 14,091 data points, 1960–2025
Last refreshed

General merchandise trade includes goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. It is the total of merchandise exports plus merchandise imports. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.