Congo vs Faroe Islands: Current account balance as a share of GDP

Congo
11.6%
in 2021
Faroe Islands
7.8%
in 2011
Congo rank
18th
Faroe Islands rank
21st

Current account balance as a share of GDP over time

  • Congo
  • Faroe Islands
-40-20020200020102021

How they compare

Congo currently reports 11.6% against 7.8% in Faroe Islands, a difference of 3.8%.

That makes Congo's figure about 1.5 times Faroe Islands's.

The two have swapped places 6 times across 12 shared years of data; in 2000 it was Congo ahead.

Congo ranks 18th and Faroe Islands ranks 21st of 193 countries.

Across the 2 decades both report, Congo averaged higher in 1 and Faroe Islands in 1.

Head to head by decade

Decade Congo Faroe Islands Difference Ahead
2000s 2.9% 3.6% 0.7% Faroe Islands
2010s 10.0% 7.0% 3.1% Congo

Averages of every year both report within each decade.

Frequently asked questions

Which has higher current account balance as a share of gdp, Congo or Faroe Islands?
Congo, at 11.6% against 7.8% in Faroe Islands as of 2021.
What is the difference in current account balance as a share of gdp between Congo and Faroe Islands?
3.8%, with Congo ahead.
How many years of comparable data are there for Congo and Faroe Islands?
12 years are reported by both, from 2000 to 2011.
How do Congo and Faroe Islands rank globally for current account balance as a share of gdp?
Congo ranks 18th and Faroe Islands ranks 21st of 193 countries.
Where does this data come from?
International Monetary Fund – processed by Our World in Data, published as Current account balance as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Congo vs Faroe Islands: Current account balance as a share of GDP. Statizoid, drawing on International Monetary Fund – processed by Our World in Data. Retrieved 04 September 2026, from https://economy.statizoid.com/compare/current-account-balance-as-a-proportion-of-gdp/congo-rep/faroe-islands/

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About this data

Indicator
Current account balance as a share of GDP
Unit
%
Source
International Monetary Fund – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
193 places, 4,374 data points, 2000–2024
Last refreshed

Current account balance as a proportion of GDP (%).