Faroe Islands vs Grenada: Net trade in goods and services
Net trade in goods and services over time
- Faroe Islands
- Grenada
How they compare
Faroe Islands currently reports -130.43 million BoP, current US$ against -186.47 million BoP, current US$ in Grenada, a difference of 56.04 million BoP, current US$.
The two have swapped places 3 times across 14 shared years of data; in 1998 it was Faroe Islands ahead.
Faroe Islands ranks 92nd and Grenada ranks 95th of 199 countries.
Across the 3 decades both report, Faroe Islands averaged higher in 1 and Grenada in 2.
Head to head by decade
| Decade | Faroe Islands | Grenada | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.83 million BoP, current US$ | -67.86 million BoP, current US$ | 71.69 million BoP, current US$ | Faroe Islands |
| 2000s | -143.38 million BoP, current US$ | -135.38 million BoP, current US$ | 8.00 million BoP, current US$ | Grenada |
| 2010s | -107.72 million BoP, current US$ | -78.60 million BoP, current US$ | 29.13 million BoP, current US$ | Grenada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net trade in goods and services, Faroe Islands or Grenada?
- Faroe Islands, at -130.43 million BoP, current US$ against -186.47 million BoP, current US$ in Grenada as of 2011.
- What is the difference in net trade in goods and services between Faroe Islands and Grenada?
- 56.04 million BoP, current US$, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Grenada?
- 14 years are reported by both, from 1998 to 2011.
- How do Faroe Islands and Grenada rank globally for net trade in goods and services?
- Faroe Islands ranks 92nd and Grenada ranks 95th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net trade in goods and services (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. 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.