Belize vs Faroe Islands: External balance on goods and services
External balance on goods and services over time
- Belize
- Faroe Islands
How they compare
Faroe Islands currently reports 136.17 million current US$ against 47.23 million current US$ in Belize, a difference of 88.93 million current US$.
That makes Faroe Islands's figure about 2.9 times Belize's.
The two have swapped places 9 times across 45 shared years of data; in 1980 it was Belize ahead.
Belize ranks 77th and Faroe Islands ranks 76th of 192 countries.
Across the 5 decades both report, Belize averaged higher in 3 and Faroe Islands in 2.
Head to head by decade
| Decade | Belize | Faroe Islands | Difference | Ahead |
|---|---|---|---|---|
| 1980s | -24.87 million current US$ | -72.32 million current US$ | 47.45 million current US$ | Belize |
| 1990s | 4.26 million current US$ | 57.51 million current US$ | 53.25 million current US$ | Faroe Islands |
| 2000s | -19.82 million current US$ | -187.41 million current US$ | 167.60 million current US$ | Belize |
| 2010s | 60.16 million current US$ | -10.16 million current US$ | 70.32 million current US$ | Belize |
| 2020s | -29.33 million current US$ | 29.26 million current US$ | 58.59 million current US$ | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Belize or Faroe Islands?
- Faroe Islands, at 136.17 million current US$ against 47.23 million current US$ in Belize as of 2024.
- What is the difference in external balance on goods and services between Belize and Faroe Islands?
- 88.93 million current US$, with Faroe Islands ahead.
- How many years of comparable data are there for Belize and Faroe Islands?
- 45 years are reported by both, from 1980 to 2024.
- How do Belize and Faroe Islands rank globally for external balance on goods and services?
- Belize ranks 77th and Faroe Islands ranks 76th of 192 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. 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.