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

Faroe Islands
30,080 BoP, current US$ per person
in 2011
Latin America & the Caribbean (IDA & IBRD countries)
3,473 BoP, current US$ per person
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$), per over time

  • Faroe Islands
  • Latin America & the Caribbean (IDA & IBRD countries)
010.0k20.0k30.0k197920022025

How they compare

Faroe Islands currently reports 30,080 BoP, current US$ per person against 3,473 BoP, current US$ per person in Latin America & the Caribbean (IDA & IBRD countries), a difference of 26,607 BoP, current US$ per person.

That makes Faroe Islands's figure about 8.7 times Latin America & the Caribbean (IDA & IBRD countries)'s.

Across all 14 years both countries report, Faroe Islands has been ahead every year.

Faroe Islands ranks 22nd and Latin America & the Caribbean (IDA & IBRD countries) ranks 19th of 200 countries.

Faroe Islands has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Faroe Islands Latin America & the Caribbean (IDA & IBRD countries) Difference Ahead
1990s 13,082 BoP, current US$ per person 928.67 BoP, current US$ per person 12,154 BoP, current US$ per person Faroe Islands
2000s 20,987 BoP, current US$ per person 1,333 BoP, current US$ per person 19,654 BoP, current US$ per person Faroe Islands
2010s 27,755 BoP, current US$ per person 2,360 BoP, current US$ per person 25,396 BoP, current US$ per person Faroe Islands

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$), per, Faroe Islands or Latin America & the Caribbean (IDA & IBRD countries)?
Faroe Islands, at 30,080 BoP, current US$ per person against 3,473 BoP, current US$ per person 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$), per between Faroe Islands and Latin America & the Caribbean (IDA & IBRD countries)?
26,607 BoP, current US$ per person, with Faroe Islands ahead.
How many years of comparable data are there for Faroe Islands and Latin America & the Caribbean (IDA & IBRD countries)?
14 years are reported by both, from 1998 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$), per?
Faroe Islands ranks 22nd and Latin America & the Caribbean (IDA & IBRD countries) ranks 19th of 200 countries.
Where does this data come from?
Statizoid (derived), published as Imports of goods, services and primary income (BoP, current US$), per capita. 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$), per. 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-per-capita/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$), per capita
Unit
BoP, current US$ per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
247 places, 9,801 data points, 1960–2025
Last refreshed

Imports of goods, services and primary income (BoP, current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.