Faroe Islands vs Latin America & the Caribbean (IDA & IBRD countries): Imports of goods, services and primary income (BoP, current US$)

Faroe Islands
18.01 % change on previous year
in 2011
Latin America & the Caribbean (IDA & IBRD countries)
6.17 % change on previous year
in 2025
Faroe Islands rank
22nd
Latin America & the Caribbean (IDA & IBRD countries) rank
19th

Imports of goods, services and primary income (BoP, current US$) over time

  • Faroe Islands
  • Latin America & the Caribbean (IDA & IBRD countries)
-2002040198020022025

How they compare

Faroe Islands currently reports 18.01 % change on previous year against 6.17 % change on previous year in Latin America & the Caribbean (IDA & IBRD countries), a difference of 11.84 % change on previous year.

That makes Faroe Islands's figure about 2.9 times Latin America & the Caribbean (IDA & IBRD countries)'s.

The two have swapped places 9 times across 13 shared years of data; in 1999 it was Faroe Islands ahead.

Faroe Islands ranks 22nd and Latin America & the Caribbean (IDA & IBRD countries) ranks 19th of 198 countries.

Across the 3 decades both report, Faroe Islands averaged higher in 1 and Latin America & the Caribbean (IDA & IBRD countries) in 2.

Head to head by decade

Decade Faroe Islands Latin America & the Caribbean (IDA & IBRD countries) Difference Ahead
1990s 14.8 % change on previous year -3.72 % change on previous year 18.51 % change on previous year Faroe Islands
2000s 8.4 % change on previous year 8.58 % change on previous year 0.1836 % change on previous year Latin America & the Caribbean (IDA & IBRD countries)
2010s 8.02 % change on previous year 26.13 % change on previous year 18.11 % change on previous year Latin America & the Caribbean (IDA & IBRD countries)

Averages of every year both report within each decade.

Frequently asked questions

Which has higher imports of goods, services and primary income (bop, current us$), Faroe Islands or Latin America & the Caribbean (IDA & IBRD countries)?
Faroe Islands, at 18.01 % change on previous year against 6.17 % change on previous year in Latin America & the Caribbean (IDA & IBRD countries) as of 2011.
What is the difference in imports of goods, services and primary income (bop, current us$) between Faroe Islands and Latin America & the Caribbean (IDA & IBRD countries)?
11.84 % change on previous year, with Faroe Islands ahead.
How many years of comparable data are there for Faroe Islands and Latin America & the Caribbean (IDA & IBRD countries)?
13 years are reported by both, from 1999 to 2011.
How do Faroe Islands and Latin America & the Caribbean (IDA & IBRD countries) rank globally for imports of goods, services and primary income (bop, current us$)?
Faroe Islands ranks 22nd and Latin America & the Caribbean (IDA & IBRD countries) ranks 19th of 198 countries.
Where does this data come from?
Statizoid (derived), published as Imports of goods, services and primary income (BoP, current US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs Latin America & the Caribbean (IDA & IBRD countries): Imports of goods, services and primary income (BoP, current US$). Statizoid, drawing on Statizoid (derived). Retrieved 19 September 2026, from https://economy.statizoid.com/compare/imports-of-goods-services-and-primary-income-bop-current-us-annual-growth-rate/faroe-islands/latin-america-and-the-caribbean-ida-and-ibrd-countries/

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About this data

Indicator
Imports of goods, services and primary income (BoP, 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
245 places, 9,523 data points, 1961–2025
Last refreshed

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