Faroe Islands vs IDA total: Gross domestic savings (current US$), per unit of GDP
Faroe Islands
0.3153 current US$ per US$ of GDP
in 2024
IDA total
-0.0219 current US$ per US$ of GDP
in 2025
Faroe Islands rank
41st
IDA total rank
41st
Gross domestic savings (current US$), per unit of GDP over time
- Faroe Islands
- IDA total
How they compare
Faroe Islands currently reports 0.3153 current US$ per US$ of GDP against -0.0219 current US$ per US$ of GDP in IDA total, a difference of 0.3372 current US$ per US$ of GDP.
That makes Faroe Islands's figure about 14.4 times IDA total's.
The two have swapped places 5 times across 27 shared years of data; in 1998 it was IDA total ahead.
Faroe Islands ranks 41st and IDA total ranks 41st of 187 countries.
Faroe Islands has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Faroe Islands | IDA total | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.2225 current US$ per US$ of GDP | 0.1137 current US$ per US$ of GDP | 0.1088 current US$ per US$ of GDP | Faroe Islands |
| 2000s | 0.1605 current US$ per US$ of GDP | 0.0673 current US$ per US$ of GDP | 0.0932 current US$ per US$ of GDP | Faroe Islands |
| 2010s | 0.2256 current US$ per US$ of GDP | 0.1263 current US$ per US$ of GDP | 0.0993 current US$ per US$ of GDP | Faroe Islands |
| 2020s | 0.3048 current US$ per US$ of GDP | 0.0743 current US$ per US$ of GDP | 0.2305 current US$ per US$ of GDP | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic savings (current us$), per unit of gdp, Faroe Islands or IDA total?
- Faroe Islands, at 0.3153 current US$ per US$ of GDP against -0.0219 current US$ per US$ of GDP in IDA total as of 2024.
- What is the difference in gross domestic savings (current us$), per unit of gdp between Faroe Islands and IDA total?
- 0.3372 current US$ per US$ of GDP, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and IDA total?
- 27 years are reported by both, from 1998 to 2024.
- How do Faroe Islands and IDA total rank globally for gross domestic savings (current us$), per unit of gdp?
- Faroe Islands ranks 41st and IDA total ranks 41st of 187 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross domestic savings (current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross domestic savings (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.