Faroe Islands vs Micronesia: Merchandise trade as a proportion of GDP
Faroe Islands
80.6%
in 2017
Micronesia
79.5%
in 2024
Faroe Islands rank
51st
Micronesia rank
54th
Merchandise trade as a proportion of GDP over time
- Faroe Islands
- Micronesia
How they compare
Faroe Islands currently reports 80.6% against 79.5% in Micronesia, a difference of 1.1%.
Across all 9 years both countries report, Faroe Islands has been ahead every year.
Faroe Islands ranks 51st and Micronesia ranks 54th of 218 countries.
Faroe Islands has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Faroe Islands | Micronesia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 90.9% | 64.9% | 25.9% | Faroe Islands |
| 2010s | 79.5% | 26.5% | 53.1% | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise trade as a proportion of gdp, Faroe Islands or Micronesia?
- Faroe Islands, at 80.6% against 79.5% in Micronesia as of 2017.
- What is the difference in merchandise trade as a proportion of gdp between Faroe Islands and Micronesia?
- 1.1%, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Micronesia?
- 9 years are reported by both, from 2000 to 2017.
- How do Faroe Islands and Micronesia rank globally for merchandise trade as a proportion of gdp?
- Faroe Islands ranks 51st and Micronesia ranks 54th 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.