Bermuda vs Faroe Islands: Goods imports
Goods imports over time
- Bermuda
- Faroe Islands
How they compare
Bermuda currently reports 1.22 billion BoP, current US$ against 949.02 million BoP, current US$ in Faroe Islands, a difference of 267.50 million BoP, current US$.
That makes Bermuda's figure about 1.3 times Faroe Islands's.
The two have swapped places 1 time across 6 shared years of data; in 2006 it was Bermuda ahead.
Bermuda ranks 171st and Faroe Islands ranks 174th of 199 countries.
Bermuda has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Bermuda | Faroe Islands | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.12 billion BoP, current US$ | 854.20 million BoP, current US$ | 266.72 million BoP, current US$ | Bermuda |
| 2010s | 944.22 million BoP, current US$ | 846.86 million BoP, current US$ | 97.36 million BoP, current US$ | Bermuda |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods imports, Bermuda or Faroe Islands?
- Bermuda, at 1.22 billion BoP, current US$ against 949.02 million BoP, current US$ in Faroe Islands as of 2023.
- What is the difference in goods imports between Bermuda and Faroe Islands?
- 267.50 million BoP, current US$, with Bermuda ahead.
- How many years of comparable data are there for Bermuda and Faroe Islands?
- 6 years are reported by both, from 2006 to 2011.
- How do Bermuda and Faroe Islands rank globally for goods imports?
- Bermuda ranks 171st and Faroe Islands ranks 174th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods imports (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Imports of goods occur when there are changes in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. 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.