Burkina Faso vs Faroe Islands: Net trade in goods
Net trade in goods over time
- Burkina Faso
- Faroe Islands
How they compare
Burkina Faso currently reports 294.53 million BoP, current US$ against 56.97 million BoP, current US$ in Faroe Islands, a difference of 237.57 million BoP, current US$.
That makes Burkina Faso's figure about 5.2 times Faroe Islands's.
Across all 7 years both countries report, Faroe Islands has been ahead every year.
Burkina Faso ranks 61st and Faroe Islands ranks 64th of 200 countries.
Faroe Islands has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Burkina Faso | Faroe Islands | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -602.43 million BoP, current US$ | -95.72 million BoP, current US$ | 506.70 million BoP, current US$ | Faroe Islands |
| 2010s | -51.24 million BoP, current US$ | 73.69 million BoP, current US$ | 124.93 million BoP, current US$ | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net trade in goods, Burkina Faso or Faroe Islands?
- Burkina Faso, at 294.53 million BoP, current US$ against 56.97 million BoP, current US$ in Faroe Islands as of 2024.
- What is the difference in net trade in goods between Burkina Faso and Faroe Islands?
- 237.57 million BoP, current US$, with Burkina Faso ahead.
- How many years of comparable data are there for Burkina Faso and Faroe Islands?
- 7 years are reported by both, from 2005 to 2011.
- How do Burkina Faso and Faroe Islands rank globally for net trade in goods?
- Burkina Faso ranks 61st and Faroe Islands ranks 64th of 200 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net trade in goods (BoP, current US$). 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 is the difference between the exports and imports of goods. 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.