Faroe Islands vs Gabon: Current account balance
Current account balance over time
- Faroe Islands
- Gabon
How they compare
Faroe Islands currently reports 194.30 million BoP, current US$ against 141.00 million BoP, current US$ in Gabon, a difference of 53.31 million BoP, current US$.
That makes Faroe Islands's figure about 1.4 times Gabon's.
The two have swapped places 1 time across 13 shared years of data; in 1998 it was Faroe Islands ahead.
Faroe Islands ranks 64th and Gabon ranks 66th of 199 countries.
Across the 3 decades both report, Faroe Islands averaged higher in 1 and Gabon in 2.
Head to head by decade
| Decade | Faroe Islands | Gabon | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 200.03 million BoP, current US$ | -102.57 million BoP, current US$ | 302.60 million BoP, current US$ | Faroe Islands |
| 2000s | 43.30 million BoP, current US$ | 1.43 billion BoP, current US$ | 1.39 billion BoP, current US$ | Gabon |
| 2010s | 169.29 million BoP, current US$ | 2.53 billion BoP, current US$ | 2.36 billion BoP, current US$ | Gabon |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Faroe Islands or Gabon?
- Faroe Islands, at 194.30 million BoP, current US$ against 141.00 million BoP, current US$ in Gabon as of 2011.
- What is the difference in current account balance between Faroe Islands and Gabon?
- 53.31 million BoP, current US$, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Gabon?
- 13 years are reported by both, from 1998 to 2011.
- How do Faroe Islands and Gabon rank globally for current account balance?
- Faroe Islands ranks 64th and Gabon ranks 66th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (BoP, current US$). 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.