Faroe Islands vs Pacific island small states: Gross domestic savings (current US$), per unit of GDP
Faroe Islands
0.3153 current US$ per US$ of GDP
in 2024
Pacific island small states
0.0097 current US$ per US$ of GDP
in 2024
Faroe Islands rank
41st
Pacific island small states rank
40th
Gross domestic savings (current US$), per unit of GDP over time
- Faroe Islands
- Pacific island small states
How they compare
Faroe Islands currently reports 0.3153 current US$ per US$ of GDP against 0.0097 current US$ per US$ of GDP in Pacific island small states, a difference of 0.3056 current US$ per US$ of GDP.
That makes Faroe Islands's figure about 32.6 times Pacific island small states's.
Across all 27 years both countries report, Faroe Islands has been ahead every year.
Faroe Islands ranks 41st and Pacific island small states ranks 40th 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 | Pacific island small states | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.2225 current US$ per US$ of GDP | 0.1564 current US$ per US$ of GDP | 0.0661 current US$ per US$ of GDP | Faroe Islands |
| 2000s | 0.1605 current US$ per US$ of GDP | 0.0499 current US$ per US$ of GDP | 0.1107 current US$ per US$ of GDP | Faroe Islands |
| 2010s | 0.2256 current US$ per US$ of GDP | 0.0787 current US$ per US$ of GDP | 0.1468 current US$ per US$ of GDP | Faroe Islands |
| 2020s | 0.3048 current US$ per US$ of GDP | -0.0261 current US$ per US$ of GDP | 0.3309 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$), per unit of gdp, Faroe Islands or Pacific island small states?
- Faroe Islands, at 0.3153 current US$ per US$ of GDP against 0.0097 current US$ per US$ of GDP in Pacific island small states as of 2024.
- What is the difference in gross domestic savings (current us$), per unit of gdp between Faroe Islands and Pacific island small states?
- 0.3056 current US$ per US$ of GDP, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Pacific island small states?
- 27 years are reported by both, from 1998 to 2024.
- How do Faroe Islands and Pacific island small states rank globally for gross domestic savings (current us$), per unit of gdp?
- Faroe Islands ranks 41st and Pacific island small states ranks 40th of 187 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross domestic savings (current US$), 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.