Faroe Islands vs South Korea: Service imports (BoP, current US$), annual growth rate

Faroe Islands
7.67 % change on previous year
in 2011
South Korea
7.7 % change on previous year
in 2025
Faroe Islands rank
95th
South Korea rank
93rd

Service imports (BoP, current US$), annual growth rate over time

  • Faroe Islands
  • South Korea
-20020406080197720012025

How they compare

South Korea currently reports 7.7 % change on previous year against 7.67 % change on previous year in Faroe Islands, a difference of 0.03 % change on previous year.

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

Faroe Islands ranks 95th and South Korea ranks 93rd of 199 countries.

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

Head to head by decade

Decade Faroe Islands South Korea Difference Ahead
1990s 4.5 % change on previous year 10.73 % change on previous year 6.24 % change on previous year South Korea
2000s 14.62 % change on previous year 12.34 % change on previous year 2.29 % change on previous year Faroe Islands
2010s 7.26 % change on previous year 12.12 % change on previous year 4.86 % change on previous year South Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher service imports (bop, current us$), annual growth rate, Faroe Islands or South Korea?
South Korea, at 7.7 % change on previous year against 7.67 % change on previous year in Faroe Islands as of 2025.
What is the difference in service imports (bop, current us$), annual growth rate between Faroe Islands and South Korea?
0.03 % change on previous year, with South Korea ahead.
How many years of comparable data are there for Faroe Islands and South Korea?
13 years are reported by both, from 1999 to 2011.
How do Faroe Islands and South Korea rank globally for service imports (bop, current us$), annual growth rate?
Faroe Islands ranks 95th and South Korea ranks 93rd of 199 countries.
Where does this data come from?
Statizoid (derived), published as Service imports (BoP, current US$), 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 South Korea: Service imports (BoP, current US$), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 17 September 2026, from https://economy.statizoid.com/compare/service-imports-bop-current-us-annual-growth-rate/faroe-islands/korea-rep/

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About this data

Indicator
Service imports (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
246 places, 9,522 data points, 1961–2025
Last refreshed

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