Aruba vs Faroe Islands: Current account balance
Current account balance over time
- Aruba
- Faroe Islands
How they compare
Aruba currently reports 194.50 million BoP, current US$ against 194.30 million BoP, current US$ in Faroe Islands, a difference of 194,000 BoP, current US$.
The two have swapped places 4 times across 14 shared years of data; in 1998 it was Faroe Islands ahead.
Aruba ranks 63rd and Faroe Islands ranks 64th of 199 countries.
Across the 3 decades both report, Aruba averaged higher in 1 and Faroe Islands in 2.
Head to head by decade
| Decade | Aruba | Faroe Islands | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -227.14 million BoP, current US$ | 200.03 million BoP, current US$ | 427.17 million BoP, current US$ | Faroe Islands |
| 2000s | 112.66 million BoP, current US$ | 41.09 million BoP, current US$ | 71.57 million BoP, current US$ | Aruba |
| 2010s | -360.34 million BoP, current US$ | 169.29 million BoP, current US$ | 529.63 million BoP, current US$ | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Aruba or Faroe Islands?
- Aruba, at 194.50 million BoP, current US$ against 194.30 million BoP, current US$ in Faroe Islands as of 2023.
- What is the difference in current account balance between Aruba and Faroe Islands?
- 194,000 BoP, current US$, with Aruba ahead.
- How many years of comparable data are there for Aruba and Faroe Islands?
- 14 years are reported by both, from 1998 to 2011.
- How do Aruba and Faroe Islands rank globally for current account balance?
- Aruba ranks 63rd and Faroe Islands ranks 64th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.