Faroe Islands vs Grenada: Imports of goods, services and primary income
Imports of goods, services and primary income over time
- Faroe Islands
- Grenada
How they compare
Faroe Islands currently reports 1.46 billion BoP, current US$ against 1.12 billion BoP, current US$ in Grenada, a difference of 335.78 million BoP, current US$.
That makes Faroe Islands's figure about 1.3 times Grenada's.
Across all 14 years both countries report, Faroe Islands has been ahead every year.
Faroe Islands ranks 178th and Grenada ranks 179th of 200 countries.
Faroe Islands has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Faroe Islands | Grenada | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 587.73 million BoP, current US$ | 288.73 million BoP, current US$ | 298.99 million BoP, current US$ | Faroe Islands |
| 2000s | 1.01 billion BoP, current US$ | 442.41 million BoP, current US$ | 565.88 million BoP, current US$ | Faroe Islands |
| 2010s | 1.35 billion BoP, current US$ | 521.00 million BoP, current US$ | 827.75 million BoP, current US$ | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher imports of goods, services and primary income, Faroe Islands or Grenada?
- Faroe Islands, at 1.46 billion BoP, current US$ against 1.12 billion BoP, current US$ in Grenada as of 2011.
- What is the difference in imports of goods, services and primary income between Faroe Islands and Grenada?
- 335.78 million BoP, current US$, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Grenada?
- 14 years are reported by both, from 1998 to 2011.
- How do Faroe Islands and Grenada rank globally for imports of goods, services and primary income?
- Faroe Islands ranks 178th and Grenada ranks 179th of 200 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Imports of goods, services and primary income (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. Primary income represents the return that accrues to institutional units for their contribution to the production process or for the provision of financial assets and renting natural resources to other institutional units. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.