Faroe Islands vs Nicaragua: Net trade in goods and services (BoP, current US$), annual growth rate

Faroe Islands
-53.41 % change on previous year
in 2011
Nicaragua
-45.4 % change on previous year
in 2024
Faroe Islands rank
170th
Nicaragua rank
168th

Net trade in goods and services (BoP, current US$), annual growth rate over time

  • Faroe Islands
  • Nicaragua
-400-2000200197820012024

How they compare

Nicaragua currently reports -45.4 % change on previous year against -53.41 % change on previous year in Faroe Islands, a difference of 8.01 % change on previous year.

The two have swapped places 8 times across 12 shared years of data; in 1999 it was Nicaragua ahead.

Faroe Islands ranks 170th and Nicaragua ranks 168th of 199 countries.

Across the 3 decades both report, Faroe Islands averaged higher in 1 and Nicaragua in 2.

Head to head by decade

Decade Faroe Islands Nicaragua Difference Ahead
1990s -174.09 % change on previous year -43.1 % change on previous year 130.98 % change on previous year Nicaragua
2000s -19.94 % change on previous year -4.47 % change on previous year 15.47 % change on previous year Nicaragua
2010s -3.34 % change on previous year -16.67 % change on previous year 13.33 % change on previous year Faroe Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher net trade in goods and services (bop, current us$), annual growth rate, Faroe Islands or Nicaragua?
Nicaragua, at -45.4 % change on previous year against -53.41 % change on previous year in Faroe Islands as of 2024.
What is the difference in net trade in goods and services (bop, current us$), annual growth rate between Faroe Islands and Nicaragua?
8.01 % change on previous year, with Nicaragua ahead.
How many years of comparable data are there for Faroe Islands and Nicaragua?
12 years are reported by both, from 1999 to 2011.
How do Faroe Islands and Nicaragua rank globally for net trade in goods and services (bop, current us$), annual growth rate?
Faroe Islands ranks 170th and Nicaragua ranks 168th of 199 countries.
Where does this data come from?
Statizoid (derived), published as Net trade in goods and services (BoP, current US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs Nicaragua: Net trade in goods and services (BoP, current US$), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/compare/net-trade-in-goods-and-services-bop-current-us-annual-growth-rate/faroe-islands/nicaragua/

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About this data

Indicator
Net trade in goods and services (BoP, current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
200 places, 7,458 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Net trade in goods and services (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.