Faroe Islands vs Netherlands: Current account balance as a share of GDP
Faroe Islands
7.8%
in 2011
Netherlands
9.1%
in 2024
Faroe Islands rank
21st
Netherlands rank
19th
Current account balance as a share of GDP over time
- Faroe Islands
- Netherlands
How they compare
Netherlands currently reports 9.1% against 7.8% in Faroe Islands, a difference of 1.3%.
That makes Netherlands's figure about 1.2 times Faroe Islands's.
The two have swapped places 4 times across 12 shared years of data; in 2000 it was Faroe Islands ahead.
Faroe Islands ranks 21st and Netherlands ranks 19th of 193 countries.
Across the 2 decades both report, Faroe Islands averaged higher in 1 and Netherlands in 1.
Head to head by decade
| Decade | Faroe Islands | Netherlands | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 3.6% | 4.5% | 0.9% | Netherlands |
| 2010s | 7.0% | 6.7% | 0.3% | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance as a share of gdp, Faroe Islands or Netherlands?
- Netherlands, at 9.1% against 7.8% in Faroe Islands as of 2024.
- What is the difference in current account balance as a share of gdp between Faroe Islands and Netherlands?
- 1.3%, with Netherlands ahead.
- How many years of comparable data are there for Faroe Islands and Netherlands?
- 12 years are reported by both, from 2000 to 2011.
- How do Faroe Islands and Netherlands rank globally for current account balance as a share of gdp?
- Faroe Islands ranks 21st and Netherlands ranks 19th of 193 countries.
- Where does this data come from?
- International Monetary Fund β 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.
Individual pages
About this data
Current account balance as a proportion of GDP (%).