Croatia vs Faroe Islands: Value of imported goods as a share of GDP

Croatia
50.2%
in 2024
Faroe Islands
50.8%
in 2024
Croatia rank
43rd
Faroe Islands rank
42nd

Value of imported goods as a share of GDP over time

  • Croatia
  • Faroe Islands
0204060196519942024

How they compare

Faroe Islands currently reports 50.8% against 50.2% in Croatia, a difference of 0.6%.

The two have swapped places 9 times across 32 shared years of data; in 1993 it was Croatia ahead.

Croatia ranks 43rd and Faroe Islands ranks 42nd of 201 countries.

Across the 4 decades both report, Croatia averaged higher in 2 and Faroe Islands in 2.

Head to head by decade

Decade Croatia Faroe Islands Difference Ahead
1990s 32.8% 32.4% 0.4% Croatia
2000s 40.1% 41.5% 1.4% Faroe Islands
2010s 39.7% 44.2% 4.6% Faroe Islands
2020s 51.8% 47.5% 4.3% Croatia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher value of imported goods as a share of gdp, Croatia or Faroe Islands?
Faroe Islands, at 50.8% against 50.2% in Croatia as of 2024.
What is the difference in value of imported goods as a share of gdp between Croatia and Faroe Islands?
0.6%, with Faroe Islands ahead.
How many years of comparable data are there for Croatia and Faroe Islands?
32 years are reported by both, from 1993 to 2024.
How do Croatia and Faroe Islands rank globally for value of imported goods as a share of gdp?
Croatia ranks 43rd and Faroe Islands ranks 42nd of 201 countries.
Where does this data come from?
International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data, published as Value of imported goods as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Croatia vs Faroe Islands: Value of imported goods as a share of GDP. Statizoid, drawing on International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Retrieved 16 September 2026, from https://economy.statizoid.com/compare/merchandise-imports-as-a-share-of-countrys-gdp/croatia/faroe-islands/

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About this data

Indicator
Value of imported goods as a share of GDP
Unit
%
Source
International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
201 places, 10,161 data points, 1960–2024
Last refreshed

Value of a country’s total goods imports, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).