Faroe Islands vs Panama: Imports of goods and services (current US$), annual growth rate

Faroe Islands
-6.27 % change on previous year
in 2024
Panama
-4.99 % change on previous year
in 2024
Faroe Islands rank
180th
Panama rank
177th

Imports of goods and services (current US$), annual growth rate over time

  • Faroe Islands
  • Panama
-40-200204060196119922024

How they compare

Panama currently reports -4.99 % change on previous year against -6.27 % change on previous year in Faroe Islands, a difference of 1.28 % change on previous year.

The two have swapped places 20 times across 59 shared years of data; in 1966 it was Panama ahead.

Faroe Islands ranks 180th and Panama ranks 177th of 192 countries.

Across the 7 decades both report, Faroe Islands averaged higher in 2 and Panama in 5.

Head to head by decade

Decade Faroe Islands Panama Difference Ahead
1960s 4.5 % change on previous year 10.26 % change on previous year 5.75 % change on previous year Panama
1970s 21.77 % change on previous year 14.87 % change on previous year 6.9 % change on previous year Faroe Islands
1980s 7.11 % change on previous year 3.36 % change on previous year 3.75 % change on previous year Faroe Islands
1990s 7.75 % change on previous year 9.41 % change on previous year 1.67 % change on previous year Panama
2000s 8.81 % change on previous year 9.93 % change on previous year 1.12 % change on previous year Panama
2010s 3.89 % change on previous year 4.85 % change on previous year 0.959 % change on previous year Panama
2020s 4.36 % change on previous year 7.63 % change on previous year 3.27 % 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 us$), annual growth rate, Faroe Islands or Panama?
Panama, at -4.99 % change on previous year against -6.27 % change on previous year in Faroe Islands as of 2024.
What is the difference in imports of goods and services (current us$), annual growth rate between Faroe Islands and Panama?
1.28 % change on previous year, with Panama ahead.
How many years of comparable data are there for Faroe Islands and Panama?
59 years are reported by both, from 1966 to 2024.
How do Faroe Islands and Panama rank globally for imports of goods and services (current us$), annual growth rate?
Faroe Islands ranks 180th and Panama ranks 177th of 192 countries.
Where does this data come from?
Statizoid (derived), published as Imports of goods and services (current US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

Share, cite or embed this page

Cite this page

Faroe Islands vs Panama: Imports of goods and services (current US$), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 14 September 2026, from https://economy.statizoid.com/compare/imports-of-goods-and-services-current-us-annual-growth-rate/faroe-islands/panama/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under Derived by Statizoid from the sources named on the page; please keep the attribution.

<a href="https://economy.statizoid.com/compare/imports-of-goods-and-services-current-us-annual-growth-rate/faroe-islands/panama/">Faroe Islands vs Panama: Imports of goods and services (current US$), annual growth rate</a> — Statizoid

About this data

Indicator
Imports of goods and services (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
237 places, 11,196 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Imports of goods and services (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.