Faroe Islands vs Malta: Current account balance as a proportion of GDP

Faroe Islands
7.8%
in 2011
Malta
7.1%
in 2024
Faroe Islands rank
20th
Malta rank
24th

Current account balance as a proportion of GDP over time

  • Faroe Islands
  • Malta
-1001020200020122024

How they compare

Faroe Islands currently reports 7.8% against 7.1% in Malta, a difference of 0.7%.

That makes Faroe Islands's figure about 1.1 times Malta's.

The two have swapped places 2 times across 12 shared years of data; in 2000 it was Faroe Islands ahead.

Faroe Islands ranks 20th and Malta ranks 24th of 204 countries.

Faroe Islands has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Faroe Islands Malta Difference Ahead
2000s 3.6% -4.4% 7.9% Faroe Islands
2010s 7.0% -2.4% 9.3% Faroe Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher current account balance as a proportion of gdp, Faroe Islands or Malta?
Faroe Islands, at 7.8% against 7.1% in Malta as of 2011.
What is the difference in current account balance as a proportion of gdp between Faroe Islands and Malta?
0.7%, with Faroe Islands ahead.
How many years of comparable data are there for Faroe Islands and Malta?
12 years are reported by both, from 2000 to 2011.
How do Faroe Islands and Malta rank globally for current account balance as a proportion of gdp?
Faroe Islands ranks 20th and Malta ranks 24th of 204 countries.
Where does this data come from?
United Nations Statistics Division, SDG Global Database, published as Current account balance as a proportion of GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs Malta: Current account balance as a proportion of GDP. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 12 September 2026, from https://economy.statizoid.com/compare/current-account-balance-as-a-proportion-of-gdp-percent/faroe-islands/malta/

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About this data

Indicator
Current account balance as a proportion of GDP (%)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
207 places, 4,677 data points, 2000–2024
Last refreshed