Faroe Islands vs Republic of Korea: Share of services in total exports

Faroe Islands
17.1%
in 2011
Republic of Korea
17.3%
in 2025
Faroe Islands rank
142nd
Republic of Korea rank
139th

Share of services in total exports over time

  • Faroe Islands
  • Republic of Korea
1015202530197620002025

How they compare

Republic of Korea currently reports 17.3% against 17.1% in Faroe Islands, a difference of 0.2%.

The two have swapped places 1 time across 14 shared years of data; in 1998 it was Republic of Korea ahead.

Faroe Islands ranks 142nd and Republic of Korea ranks 139th of 198 countries.

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

Head to head by decade

Decade Faroe Islands Republic of Korea Difference Ahead
1990s 10.4% 17.4% 7.0% Republic of Korea
2000s 15.8% 16.0% 0.2% Republic of Korea
2010s 17.8% 14.3% 3.6% Faroe Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher share of services in total exports, Faroe Islands or Republic of Korea?
Republic of Korea, at 17.3% against 17.1% in Faroe Islands as of 2025.
What is the difference in share of services in total exports between Faroe Islands and Republic of Korea?
0.2%, with Republic of Korea ahead.
How many years of comparable data are there for Faroe Islands and Republic of Korea?
14 years are reported by both, from 1998 to 2011.
How do Faroe Islands and Republic of Korea rank globally for share of services in total exports?
Faroe Islands ranks 142nd and Republic of Korea ranks 139th of 198 countries.
Where does this data come from?
United Nations Population Division, national statistical offices, and Eurostat, via World Bank (2026) – processed by Our World in Data, published as Share of services in total exports. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs Republic of Korea: Share of services in total exports. Statizoid, drawing on United Nations Population Division, national statistical offices, and Eurostat, via World Bank (2026) – processed by Our World in Data. Retrieved 08 September 2026, from https://economy.statizoid.com/compare/share-of-services-in-total-exports/faroe-islands/korea-rep/

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About this data

Indicator
Share of services in total exports
Unit
% of goods and services exports
Source
United Nations Population Division, national statistical offices, and Eurostat, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
198 places, 7,746 data points, 1960–2025
Last refreshed

Services refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. The share of services in total exports comes from comparing trade in goods and services at current US dollars.