Faroe Islands vs Switzerland: Current account balance as a share of GDP
Faroe Islands
7.8%
in 2011
Switzerland
7.7%
in 2024
Faroe Islands rank
21st
Switzerland rank
22nd
Current account balance as a share of GDP over time
- Faroe Islands
- Switzerland
How they compare
Faroe Islands currently reports 7.8% against 7.7% in Switzerland, a difference of 0.1%.
The two have swapped places 3 times across 12 shared years of data; in 2000 it was Switzerland ahead.
Faroe Islands ranks 21st and Switzerland ranks 22nd of 193 countries.
Switzerland has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Faroe Islands | Switzerland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 3.6% | 9.1% | 5.5% | Switzerland |
| 2010s | 7.0% | 10.3% | 3.4% | Switzerland |
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 Switzerland?
- Faroe Islands, at 7.8% against 7.7% in Switzerland as of 2011.
- What is the difference in current account balance as a share of gdp between Faroe Islands and Switzerland?
- 0.1%, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Switzerland?
- 12 years are reported by both, from 2000 to 2011.
- How do Faroe Islands and Switzerland rank globally for current account balance as a share of gdp?
- Faroe Islands ranks 21st and Switzerland ranks 22nd 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 (%).