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

Faroe Islands
227.91 % change on previous year
in 2024
Finland
275.45 % change on previous year
in 2025
Faroe Islands rank
8th
Finland rank
5th

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

  • Faroe Islands
  • Finland
-500-2500250500196619952025

How they compare

Finland currently reports 275.45 % change on previous year against 227.91 % change on previous year in Faroe Islands, a difference of 47.54 % change on previous year.

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

The two have swapped places 19 times across 45 shared years of data; in 1971 it was Finland ahead.

Faroe Islands ranks 8th and Finland ranks 5th of 192 countries.

Across the 6 decades both report, Faroe Islands averaged higher in 3 and Finland in 3.

Head to head by decade

Decade Faroe Islands Finland Difference Ahead
1970s -103.7 % change on previous year -2.48 % change on previous year 101.22 % change on previous year Finland
1980s 3.13 % change on previous year -98.14 % change on previous year 101.27 % change on previous year Faroe Islands
1990s -61.75 % change on previous year 84.36 % change on previous year 146.12 % change on previous year Finland
2000s -13.13 % change on previous year -4.39 % change on previous year 8.74 % change on previous year Finland
2010s 119.85 % change on previous year -31.86 % change on previous year 151.71 % change on previous year Faroe Islands
2020s -3.93 % change on previous year -69.53 % change on previous year 65.6 % 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$), annual growth, Faroe Islands or Finland?
Finland, at 275.45 % change on previous year against 227.91 % change on previous year in Faroe Islands as of 2025.
What is the difference in external balance on goods and services (current us$), annual growth between Faroe Islands and Finland?
47.54 % change on previous year, with Finland ahead.
How many years of comparable data are there for Faroe Islands and Finland?
45 years are reported by both, from 1971 to 2021.
How do Faroe Islands and Finland rank globally for external balance on goods and services (current us$), annual growth?
Faroe Islands ranks 8th and Finland ranks 5th of 192 countries.
Where does this data come from?
Statizoid (derived), published as External balance on goods and services (current US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs Finland: 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/faroe-islands/finland/

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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.