Faroe Islands vs Turkmenistan: External balance on goods and services
External balance on goods and services over time
- Faroe Islands
- Turkmenistan
How they compare
Turkmenistan currently reports 386.28 million current US$ against 136.17 million current US$ in Faroe Islands, a difference of 250.11 million current US$.
That makes Turkmenistan's figure about 2.8 times Faroe Islands's.
The two have swapped places 6 times across 34 shared years of data; in 1991 it was Turkmenistan ahead.
Faroe Islands ranks 76th and Turkmenistan ranks 74th of 193 countries.
Across the 4 decades both report, Faroe Islands averaged higher in 1 and Turkmenistan in 3.
Head to head by decade
| Decade | Faroe Islands | Turkmenistan | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 54.52 million current US$ | -11.57 million current US$ | 66.09 million current US$ | Faroe Islands |
| 2000s | -187.41 million current US$ | 697.22 million current US$ | 884.64 million current US$ | Turkmenistan |
| 2010s | -10.16 million current US$ | 2.15 billion current US$ | 2.16 billion current US$ | Turkmenistan |
| 2020s | 29.26 million current US$ | 2.87 billion current US$ | 2.84 billion current US$ | Turkmenistan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Faroe Islands or Turkmenistan?
- Turkmenistan, at 386.28 million current US$ against 136.17 million current US$ in Faroe Islands as of 2025.
- What is the difference in external balance on goods and services between Faroe Islands and Turkmenistan?
- 250.11 million current US$, with Turkmenistan ahead.
- How many years of comparable data are there for Faroe Islands and Turkmenistan?
- 34 years are reported by both, from 1991 to 2024.
- How do Faroe Islands and Turkmenistan rank globally for external balance on goods and services?
- Faroe Islands ranks 76th and Turkmenistan ranks 74th of 193 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (current US$). 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.