Faroe Islands vs Iraq: Gross domestic savings (current US$), per unit of GDP

Faroe Islands
0.3153 current US$ per US$ of GDP
in 2024
Iraq
0.3141 current US$ per US$ of GDP
in 2024
Faroe Islands rank
41st
Iraq rank
43rd

Gross domestic savings (current US$), per unit of GDP over time

  • Faroe Islands
  • Iraq
-0.200.20.40.60.8197019972024

How they compare

Faroe Islands currently reports 0.3153 current US$ per US$ of GDP against 0.3141 current US$ per US$ of GDP in Iraq, a difference of 0.0012 current US$ per US$ of GDP.

The two have swapped places 5 times across 27 shared years of data; in 1998 it was Iraq ahead.

Faroe Islands ranks 41st and Iraq ranks 43rd of 187 countries.

Iraq has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Faroe Islands Iraq Difference Ahead
1990s 0.2225 current US$ per US$ of GDP 0.605 current US$ per US$ of GDP 0.3825 current US$ per US$ of GDP Iraq
2000s 0.1605 current US$ per US$ of GDP 0.4863 current US$ per US$ of GDP 0.3257 current US$ per US$ of GDP Iraq
2010s 0.2256 current US$ per US$ of GDP 0.3703 current US$ per US$ of GDP 0.1447 current US$ per US$ of GDP Iraq
2020s 0.3048 current US$ per US$ of GDP 0.387 current US$ per US$ of GDP 0.0822 current US$ per US$ of GDP Iraq

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic savings (current us$), per unit of gdp, Faroe Islands or Iraq?
Faroe Islands, at 0.3153 current US$ per US$ of GDP against 0.3141 current US$ per US$ of GDP in Iraq as of 2024.
What is the difference in gross domestic savings (current us$), per unit of gdp between Faroe Islands and Iraq?
0.0012 current US$ per US$ of GDP, with Faroe Islands ahead.
How many years of comparable data are there for Faroe Islands and Iraq?
27 years are reported by both, from 1998 to 2024.
How do Faroe Islands and Iraq rank globally for gross domestic savings (current us$), per unit of gdp?
Faroe Islands ranks 41st and Iraq ranks 43rd of 187 countries.
Where does this data come from?
Statizoid (derived), published as Gross domestic savings (current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs Iraq: Gross domestic savings (current US$), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 12 September 2026, from https://economy.statizoid.com/compare/gross-domestic-savings-current-us-per-unit-of-gdp/faroe-islands/iraq/

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About this data

Indicator
Gross domestic savings (current US$), per unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
230 places, 11,097 data points, 1960–2025
Last refreshed

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.