Faroe Islands vs Norway: Imports of goods and services (current LCU), per unit of GDP
Faroe Islands
3.53 current LCU per US$ of GDP
in 2024
Norway
3.5 current LCU per US$ of GDP
in 2025
Faroe Islands rank
107th
Norway rank
109th
Imports of goods and services (current LCU), per unit of GDP over time
- Faroe Islands
- Norway
How they compare
Faroe Islands currently reports 3.53 current LCU per US$ of GDP against 3.5 current LCU per US$ of GDP in Norway, a difference of 0.03 current LCU per US$ of GDP.
The two have swapped places 3 times across 55 shared years of data; in 1970 it was Faroe Islands ahead.
Faroe Islands ranks 107th and Norway ranks 109th of 193 countries.
Faroe Islands has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Faroe Islands | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 2.75 current LCU per US$ of GDP | 2.23 current LCU per US$ of GDP | 0.5195 current LCU per US$ of GDP | Faroe Islands |
| 1980s | 4.04 current LCU per US$ of GDP | 2.37 current LCU per US$ of GDP | 1.66 current LCU per US$ of GDP | Faroe Islands |
| 1990s | 2.51 current LCU per US$ of GDP | 2.18 current LCU per US$ of GDP | 0.3294 current LCU per US$ of GDP | Faroe Islands |
| 2000s | 3.59 current LCU per US$ of GDP | 1.95 current LCU per US$ of GDP | 1.64 current LCU per US$ of GDP | Faroe Islands |
| 2010s | 3.29 current LCU per US$ of GDP | 2.14 current LCU per US$ of GDP | 1.15 current LCU per US$ of GDP | Faroe Islands |
| 2020s | 3.64 current LCU per US$ of GDP | 2.95 current LCU per US$ of GDP | 0.6886 current LCU per US$ of GDP | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher imports of goods and services (current lcu), per unit of gdp, Faroe Islands or Norway?
- Faroe Islands, at 3.53 current LCU per US$ of GDP against 3.5 current LCU per US$ of GDP in Norway as of 2024.
- What is the difference in imports of goods and services (current lcu), per unit of gdp between Faroe Islands and Norway?
- 0.03 current LCU per US$ of GDP, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Norway?
- 55 years are reported by both, from 1970 to 2024.
- How do Faroe Islands and Norway rank globally for imports of goods and services (current lcu), per unit of gdp?
- Faroe Islands ranks 107th and Norway ranks 109th of 193 countries.
- Where does this data come from?
- Statizoid (derived), published as Imports of goods and services (current LCU), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Imports of goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.