Estonia vs Faroe Islands: External balance on goods and services (current US$), annual growth

Estonia
249.21 % change on previous year
in 2025
Faroe Islands
227.91 % change on previous year
in 2024
Estonia rank
6th
Faroe Islands rank
8th

External balance on goods and services (current US$), annual growth over time

  • Estonia
  • Faroe Islands
-500-2500250500196619952025

How they compare

Estonia currently reports 249.21 % change on previous year against 227.91 % change on previous year in Faroe Islands, a difference of 21.3 % change on previous year.

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

The two have swapped places 12 times across 27 shared years of data; in 1994 it was Faroe Islands ahead.

Estonia ranks 6th and Faroe Islands ranks 8th of 192 countries.

Across the 4 decades both report, Estonia averaged higher in 2 and Faroe Islands in 2.

Head to head by decade

Decade Estonia Faroe Islands Difference Ahead
1990s -29.74 % change on previous year -108.02 % change on previous year 78.28 % change on previous year Estonia
2000s -1.99 % change on previous year -13.13 % change on previous year 11.14 % change on previous year Estonia
2010s 21.82 % change on previous year 119.85 % change on previous year 98.04 % change on previous year Faroe Islands
2020s -49.74 % change on previous year 24.1 % change on previous year 73.83 % change on previous year Faroe Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services (current us$), annual growth, Estonia or Faroe Islands?
Estonia, at 249.21 % change on previous year against 227.91 % change on previous year in Faroe Islands as of 2025.
What is the difference in external balance on goods and services (current us$), annual growth between Estonia and Faroe Islands?
21.3 % change on previous year, with Estonia ahead.
How many years of comparable data are there for Estonia and Faroe Islands?
27 years are reported by both, from 1994 to 2024.
How do Estonia and Faroe Islands rank globally for external balance on goods and services (current us$), annual growth?
Estonia ranks 6th and Faroe Islands ranks 8th of 192 countries.
Where does this data come from?
Statizoid (derived), published as External balance on goods and services (current US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Estonia vs Faroe Islands: External balance on goods and services (current US$), annual growth. Statizoid, drawing on Statizoid (derived). Retrieved 09 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-current-us-annual-growth-rate/estonia/faroe-islands/

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About this data

Indicator
External balance on goods and services (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
192 places, 8,628 data points, 1961–2025
Last refreshed

The year-on-year percentage change in External balance on goods and services (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.