Austria vs Faroe Islands: Merchandise trade as a proportion of GDP

Austria
79.6%
in 2024
Faroe Islands
80.6%
in 2017
Austria rank
52nd
Faroe Islands rank
51st

Merchandise trade as a proportion of GDP over time

  • Austria
  • Faroe Islands
020406080100200020122024

How they compare

Faroe Islands currently reports 80.6% against 79.6% in Austria, a difference of 1.0%.

The two have swapped places 3 times across 18 shared years of data; in 2000 it was Faroe Islands ahead.

Austria ranks 52nd and Faroe Islands ranks 51st of 218 countries.

Across the 2 decades both report, Austria averaged higher in 1 and Faroe Islands in 1.

Head to head by decade

Decade Austria Faroe Islands Difference Ahead
2000s 77.6% 78.8% 1.1% Faroe Islands
2010s 82.5% 78.3% 4.2% Austria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise trade as a proportion of gdp, Austria or Faroe Islands?
Faroe Islands, at 80.6% against 79.6% in Austria as of 2017.
What is the difference in merchandise trade as a proportion of gdp between Austria and Faroe Islands?
1.0%, with Faroe Islands ahead.
How many years of comparable data are there for Austria and Faroe Islands?
18 years are reported by both, from 2000 to 2017.
How do Austria and Faroe Islands rank globally for merchandise trade as a proportion of gdp?
Austria ranks 52nd and Faroe Islands ranks 51st of 218 countries.
Where does this data come from?
United Nations Statistics Division, SDG Global Database, published as Merchandise trade as a proportion of GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Austria vs Faroe Islands: Merchandise trade as a proportion of GDP. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 11 September 2026, from https://economy.statizoid.com/compare/merchandise-trade-as-a-proportion-of-gdp-percent/austria/faroe-islands/

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About this data

Indicator
Merchandise trade as a proportion of GDP (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
255 places, 6,196 data points, 2000–2024
Last refreshed