How many years of comparable data are there for Faroe Islands and Lithuania?

30 years are reported by both, from 1995 to 2024.

Where does this data come from?

National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as External balance on goods and services as a percent of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Faroe Islands vs Lithuania: External balance on goods and services as a percent of GDP

Faroe Islands

3.4%

in 2024

Lithuania

3.9%

in 2025

Faroe Islands rank

53rd

Lithuania rank

50th

External balance on goods and services as a percent of GDP over time

Faroe Islands
Lithuania

How they compare

Lithuania currently reports 3.9% against 3.4% in Faroe Islands, a difference of 0.5%.

That makes Lithuania's figure about 1.1 times Faroe Islands's.

The two have swapped places 13 times across 30 shared years of data; in 1995 it was Faroe Islands ahead.

Faroe Islands ranks 53rd and Lithuania ranks 50th of 191 countries.

Across the 4 decades both report, Faroe Islands averaged higher in 1 and Lithuania in 3.

Head to head by decade

Decade	Faroe Islands	Lithuania	Difference	Ahead
1990s	1.1%	-10.3%	11.3%	Faroe Islands
2000s	-9.8%	-7.4%	2.4%	Lithuania
2010s	-0.7%	0.8%	1.5%	Lithuania
2020s	0.7%	4.2%	3.5%	Lithuania

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services as a percent of gdp, Faroe Islands or Lithuania?: Lithuania, at 3.9% against 3.4% in Faroe Islands as of 2025.
What is the difference in external balance on goods and services as a percent of gdp between Faroe Islands and Lithuania?: 0.5%, with Lithuania ahead.
How many years of comparable data are there for Faroe Islands and Lithuania?: 30 years are reported by both, from 1995 to 2024.
How do Faroe Islands and Lithuania rank globally for external balance on goods and services as a percent of gdp?: Faroe Islands ranks 53rd and Lithuania ranks 50th of 191 countries.
Where does this data come from?: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as External balance on goods and services as a percent of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs Lithuania: External balance on goods and services as a percent of GDP. Statizoid, drawing on National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Retrieved 15 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-as-a-percent-of-gdp/faroe-islands/lithuania/

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About this data

Indicator: External balance on goods and services as a percent of GDP
Unit: % of GDP
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence: CC BY 4.0 (Our World in Data)
Coverage: 191 places, 9,006 data points, 1960–2025
Last refreshed: 28 August 2026

Exports of goods and services minus imports of goods and services divided by gross domestic product, expressed as a percentage.