Faroe Islands vs Panama: Imports of goods and services (current LCU), annual growth rate
Faroe Islands
-6.2 % change on previous year
in 2024
Panama
-4.99 % change on previous year
in 2024
Faroe Islands rank
182nd
Panama rank
181st
Imports of goods and services (current LCU), annual growth rate over time
- Faroe Islands
- Panama
How they compare
Panama currently reports -4.99 % change on previous year against -6.2 % change on previous year in Faroe Islands, a difference of 1.21 % change on previous year.
The two have swapped places 28 times across 62 shared years of data; in 1963 it was Panama ahead.
Faroe Islands ranks 182nd and Panama ranks 181st of 192 countries.
Across the 7 decades both report, Faroe Islands averaged higher in 3 and Panama in 4.
Head to head by decade
| Decade | Faroe Islands | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 8.35 % change on previous year | 10.23 % change on previous year | 1.88 % change on previous year | Panama |
| 1970s | 17.54 % change on previous year | 14.87 % change on previous year | 2.67 % change on previous year | Faroe Islands |
| 1980s | 9.87 % change on previous year | 3.36 % change on previous year | 6.51 % change on previous year | Faroe Islands |
| 1990s | 7.17 % change on previous year | 9.41 % change on previous year | 2.25 % change on previous year | Panama |
| 2000s | 5.71 % change on previous year | 9.93 % change on previous year | 4.22 % change on previous year | Panama |
| 2010s | 6.07 % change on previous year | 4.85 % change on previous year | 1.22 % change on previous year | Faroe Islands |
| 2020s | 5.49 % change on previous year | 7.63 % change on previous year | 2.13 % change on previous year | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher imports of goods and services (current lcu), annual growth rate, Faroe Islands or Panama?
- Panama, at -4.99 % change on previous year against -6.2 % change on previous year in Faroe Islands as of 2024.
- What is the difference in imports of goods and services (current lcu), annual growth rate between Faroe Islands and Panama?
- 1.21 % change on previous year, with Panama ahead.
- How many years of comparable data are there for Faroe Islands and Panama?
- 62 years are reported by both, from 1963 to 2024.
- How do Faroe Islands and Panama rank globally for imports of goods and services (current lcu), annual growth rate?
- Faroe Islands ranks 182nd and Panama ranks 181st of 192 countries.
- Where does this data come from?
- Statizoid (derived), published as Imports of goods and services (current LCU), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in Imports of goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.