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

Australia
-35.63 % change on previous year
in 2025
Faroe Islands
-37 % change on previous year
in 2011
Australia rank
173rd
Faroe Islands rank
176th

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

  • Australia
  • Faroe Islands
-1.0k-5000500199020072025

How they compare

Australia currently reports -35.63 % change on previous year against -37 % change on previous year in Faroe Islands, a difference of 1.37 % change on previous year.

The two have swapped places 7 times across 13 shared years of data; in 1999 it was Faroe Islands ahead.

Australia ranks 173rd and Faroe Islands ranks 176th of 199 countries.

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

Head to head by decade

Decade Australia Faroe Islands Difference Ahead
1990s -84.78 % change on previous year -74.97 % change on previous year 9.8 % change on previous year Faroe Islands
2000s -42.2 % change on previous year -99.36 % change on previous year 57.16 % change on previous year Australia
2010s 177.47 % change on previous year 277.65 % change on previous year 100.19 % 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 (bop, current us$), annual growth rate, Australia or Faroe Islands?
Australia, at -35.63 % change on previous year against -37 % change on previous year in Faroe Islands as of 2025.
What is the difference in net trade in goods (bop, current us$), annual growth rate between Australia and Faroe Islands?
1.37 % change on previous year, with Australia ahead.
How many years of comparable data are there for Australia and Faroe Islands?
13 years are reported by both, from 1999 to 2011.
How do Australia and Faroe Islands rank globally for net trade in goods (bop, current us$), annual growth rate?
Australia ranks 173rd and Faroe Islands ranks 176th of 199 countries.
Where does this data come from?
Statizoid (derived), published as Net trade in goods (BoP, current US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Faroe Islands: Net trade in goods (BoP, current US$), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/compare/net-trade-in-goods-bop-current-us-annual-growth-rate/australia/faroe-islands/

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About this data

Indicator
Net trade in goods (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, 7,471 data points, 1961–2025
Last refreshed

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