Faroe Islands vs Puerto Rico: External balance on goods and services

Faroe Islands
3.4%
in 2024
Puerto Rico
3.3%
in 2025
Faroe Islands rank
53rd
Puerto Rico rank
54th

External balance on goods and services over time

  • Faroe Islands
  • Puerto Rico
-20020196219932025

How they compare

Faroe Islands currently reports 3.4% against 3.3% in Puerto Rico, a difference of 0.1%.

The two have swapped places 7 times across 54 shared years of data; in 1971 it was Faroe Islands ahead.

Faroe Islands ranks 53rd and Puerto Rico ranks 54th of 193 countries.

Across the 6 decades both report, Faroe Islands averaged higher in 1 and Puerto Rico in 5.

Head to head by decade

Decade Faroe Islands Puerto Rico Difference Ahead
1970s -6.5% -16.9% 10.4% Faroe Islands
1980s -12.4% 1.3% 13.7% Puerto Rico
1990s 6.7% 12.5% 5.7% Puerto Rico
2000s -9.8% 21.7% 31.5% Puerto Rico
2010s -0.7% 19.3% 20.0% Puerto Rico
2020s 0.7% 10.1% 9.5% Puerto Rico

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services, Faroe Islands or Puerto Rico?
Faroe Islands, at 3.4% against 3.3% in Puerto Rico as of 2024.
What is the difference in external balance on goods and services between Faroe Islands and Puerto Rico?
0.1%, with Faroe Islands ahead.
How many years of comparable data are there for Faroe Islands and Puerto Rico?
54 years are reported by both, from 1971 to 2024.
How do Faroe Islands and Puerto Rico rank globally for external balance on goods and services?
Faroe Islands ranks 53rd and Puerto Rico ranks 54th 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 (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs Puerto Rico: External balance on goods and services. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 17 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-percent-of-gdp/faroe-islands/puerto-rico-us/

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About this data

Indicator
External balance on goods and services (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
237 places, 11,345 data points, 1960–2025
Last refreshed

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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.