Faroe Islands vs Palestine: Taxes less subsidies on products (current LCU)
Taxes less subsidies on products (current LCU) over time
- Faroe Islands
- Palestine
How they compare
Faroe Islands currently reports 3.30 billion current LCU against 2.89 billion current LCU in Palestine, a difference of 413.30 million current LCU.
That makes Faroe Islands's figure about 1.1 times Palestine's.
The two have swapped places 6 times across 27 shared years of data; in 1998 it was Faroe Islands ahead.
Faroe Islands ranks 152nd and Palestine ranks 153rd of 199 countries.
Across the 4 decades both report, Faroe Islands averaged higher in 3 and Palestine in 1.
Head to head by decade
| Decade | Faroe Islands | Palestine | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.03 billion current LCU | 573.80 million current LCU | 455.45 million current LCU | Faroe Islands |
| 2000s | 1.49 billion current LCU | 657.00 million current LCU | 828.59 million current LCU | Faroe Islands |
| 2010s | 1.93 billion current LCU | 1.89 billion current LCU | 45.27 million current LCU | Faroe Islands |
| 2020s | 2.94 billion current LCU | 3.07 billion current LCU | 134.46 million current LCU | Palestine |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes less subsidies on products, Faroe Islands or Palestine?
- Faroe Islands, at 3.30 billion current LCU against 2.89 billion current LCU in Palestine as of 2024.
- What is the difference in taxes less subsidies on products between Faroe Islands and Palestine?
- 413.30 million current LCU, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Palestine?
- 27 years are reported by both, from 1998 to 2024.
- How do Faroe Islands and Palestine rank globally for taxes less subsidies on products?
- Faroe Islands ranks 152nd and Palestine ranks 153rd of 199 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Taxes less subsidies on products (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.