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

Faroe Islands
3.4%
in 2024
Poland
2.9%
in 2025
Faroe Islands rank
53rd
Poland rank
55th

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

  • Faroe Islands
  • Poland
-20-1001020196219932025

How they compare

Faroe Islands currently reports 3.4% against 2.9% in Poland, a difference of 0.5%.

That makes Faroe Islands's figure about 1.2 times Poland's.

The two have swapped places 9 times across 30 shared years of data; in 1995 it was Faroe Islands ahead.

Faroe Islands ranks 53rd and Poland ranks 55th of 191 countries.

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

Head to head by decade

Decade Faroe Islands Poland Difference Ahead
1990s 1.1% -2.8% 3.8% Faroe Islands
2000s -9.8% -3.3% 6.5% Poland
2010s -0.7% 1.0% 1.6% Poland
2020s 0.7% 4.0% 3.4% Poland

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 Poland?
Faroe Islands, at 3.4% against 2.9% in Poland as of 2024.
What is the difference in external balance on goods and services as a percent of gdp between Faroe Islands and Poland?
0.5%, with Faroe Islands ahead.
How many years of comparable data are there for Faroe Islands and Poland?
30 years are reported by both, from 1995 to 2024.
How do Faroe Islands and Poland rank globally for external balance on goods and services as a percent of gdp?
Faroe Islands ranks 53rd and Poland ranks 55th 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 Poland: 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 16 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-as-a-percent-of-gdp/faroe-islands/poland/

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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

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