Faroe Islands vs Mongolia: Goods imports (BoP, current US$), annual growth rate

Faroe Islands
27.44 % change on previous year
in 2011
Mongolia
24.59 % change on previous year
in 2024
Faroe Islands rank
9th
Mongolia rank
12th

Goods imports (BoP, current US$), annual growth rate over time

  • Faroe Islands
  • Mongolia
-50050100198220032024

How they compare

Faroe Islands currently reports 27.44 % change on previous year against 24.59 % change on previous year in Mongolia, a difference of 2.85 % change on previous year.

That makes Faroe Islands's figure about 1.1 times Mongolia's.

The two have swapped places 5 times across 13 shared years of data; in 1999 it was Faroe Islands ahead.

Faroe Islands ranks 9th and Mongolia ranks 12th of 199 countries.

Across the 3 decades both report, Faroe Islands averaged higher in 1 and Mongolia in 2.

Head to head by decade

Decade Faroe Islands Mongolia Difference Ahead
1990s 21.95 % change on previous year -2.57 % change on previous year 24.52 % change on previous year Faroe Islands
2000s 6.7 % change on previous year 17.59 % change on previous year 10.89 % change on previous year Mongolia
2010s 13.19 % change on previous year 83.97 % change on previous year 70.78 % change on previous year Mongolia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher goods imports (bop, current us$), annual growth rate, Faroe Islands or Mongolia?
Faroe Islands, at 27.44 % change on previous year against 24.59 % change on previous year in Mongolia as of 2011.
What is the difference in goods imports (bop, current us$), annual growth rate between Faroe Islands and Mongolia?
2.85 % change on previous year, with Faroe Islands ahead.
How many years of comparable data are there for Faroe Islands and Mongolia?
13 years are reported by both, from 1999 to 2011.
How do Faroe Islands and Mongolia rank globally for goods imports (bop, current us$), annual growth rate?
Faroe Islands ranks 9th and Mongolia ranks 12th of 199 countries.
Where does this data come from?
Statizoid (derived), published as Goods imports (BoP, current US$), 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 Mongolia: Goods imports (BoP, current US$), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 17 September 2026, from https://economy.statizoid.com/compare/goods-imports-bop-current-us-annual-growth-rate/faroe-islands/mongolia/

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About this data

Indicator
Goods imports (BoP, 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
246 places, 9,512 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Goods imports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.