Faroe Islands vs Least developed countries: Goods exports (BoP, current US$), per unit of GDP

Faroe Islands
0.4015 BoP, current US$ per US$ of GDP
in 2011
Least developed countries
0.1859 BoP, current US$ per US$ of GDP
in 2024
Faroe Islands rank
39th
Least developed countries rank
37th

Goods exports (BoP, current US$), per unit of GDP over time

  • Faroe Islands
  • Least developed countries
0.10.20.30.4198520042024

How they compare

Faroe Islands currently reports 0.4015 BoP, current US$ per US$ of GDP against 0.1859 BoP, current US$ per US$ of GDP in Least developed countries, a difference of 0.2156 BoP, current US$ per US$ of GDP.

That makes Faroe Islands's figure about 2.2 times Least developed countries's.

Across all 14 years both countries report, Faroe Islands has been ahead every year.

Faroe Islands ranks 39th and Least developed countries ranks 37th of 199 countries.

Faroe Islands has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Faroe Islands Least developed countries Difference Ahead
1990s 0.4094 BoP, current US$ per US$ of GDP 0.1338 BoP, current US$ per US$ of GDP 0.2757 BoP, current US$ per US$ of GDP Faroe Islands
2000s 0.3727 BoP, current US$ per US$ of GDP 0.1903 BoP, current US$ per US$ of GDP 0.1824 BoP, current US$ per US$ of GDP Faroe Islands
2010s 0.3798 BoP, current US$ per US$ of GDP 0.226 BoP, current US$ per US$ of GDP 0.1539 BoP, current US$ per US$ of GDP Faroe Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher goods exports (bop, current us$), per unit of gdp, Faroe Islands or Least developed countries?
Faroe Islands, at 0.4015 BoP, current US$ per US$ of GDP against 0.1859 BoP, current US$ per US$ of GDP in Least developed countries as of 2011.
What is the difference in goods exports (bop, current us$), per unit of gdp between Faroe Islands and Least developed countries?
0.2156 BoP, current US$ per US$ of GDP, with Faroe Islands ahead.
How many years of comparable data are there for Faroe Islands and Least developed countries?
14 years are reported by both, from 1998 to 2011.
How do Faroe Islands and Least developed countries rank globally for goods exports (bop, current us$), per unit of gdp?
Faroe Islands ranks 39th and Least developed countries ranks 37th of 199 countries.
Where does this data come from?
Statizoid (derived), published as Goods exports (BoP, current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs Least developed countries: Goods exports (BoP, current US$), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 18 September 2026, from https://economy.statizoid.com/compare/goods-exports-bop-current-us-per-unit-of-gdp/faroe-islands/least-developed-countries-un-classification/

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About this data

Indicator
Goods exports (BoP, current US$), per unit of GDP
Unit
BoP, current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
244 places, 9,573 data points, 1960–2025
Last refreshed

Goods exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.