Faroe Islands vs Nepal: Taxes less subsidies on products (current US$), per unit of GDP

Faroe Islands
0.1181 current US$ per US$ of GDP
in 2024
Nepal
0.1202 current US$ per US$ of GDP
in 2025
Faroe Islands rank
51st
Nepal rank
48th

Taxes less subsidies on products (current US$), per unit of GDP over time

  • Faroe Islands
  • Nepal
00.050.10.15196019922025

How they compare

Nepal currently reports 0.1202 current US$ per US$ of GDP against 0.1181 current US$ per US$ of GDP in Faroe Islands, a difference of 0.0021 current US$ per US$ of GDP.

The two have swapped places 2 times across 27 shared years of data; in 1998 it was Faroe Islands ahead.

Faroe Islands ranks 51st and Nepal ranks 48th of 197 countries.

Across the 4 decades both report, Faroe Islands averaged higher in 3 and Nepal in 1.

Head to head by decade

Decade Faroe Islands Nepal Difference Ahead
1990s 0.1348 current US$ per US$ of GDP 0.0628 current US$ per US$ of GDP 0.072 current US$ per US$ of GDP Faroe Islands
2000s 0.1361 current US$ per US$ of GDP 0.0682 current US$ per US$ of GDP 0.0679 current US$ per US$ of GDP Faroe Islands
2010s 0.1145 current US$ per US$ of GDP 0.1011 current US$ per US$ of GDP 0.0134 current US$ per US$ of GDP Faroe Islands
2020s 0.1175 current US$ per US$ of GDP 0.1274 current US$ per US$ of GDP 0.0099 current US$ per US$ of GDP Nepal

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes less subsidies on products (current us$), per unit of gdp, Faroe Islands or Nepal?
Nepal, at 0.1202 current US$ per US$ of GDP against 0.1181 current US$ per US$ of GDP in Faroe Islands as of 2025.
What is the difference in taxes less subsidies on products (current us$), per unit of gdp between Faroe Islands and Nepal?
0.0021 current US$ per US$ of GDP, with Nepal ahead.
How many years of comparable data are there for Faroe Islands and Nepal?
27 years are reported by both, from 1998 to 2024.
How do Faroe Islands and Nepal rank globally for taxes less subsidies on products (current us$), per unit of gdp?
Faroe Islands ranks 51st and Nepal ranks 48th of 197 countries.
Where does this data come from?
Statizoid (derived), published as Taxes less subsidies on products (current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs Nepal: Taxes less subsidies on products (current US$), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 14 September 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-current-us-per-unit-of-gdp/faroe-islands/nepal/

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About this data

Indicator
Taxes less subsidies on products (current US$), per unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
198 places, 8,406 data points, 1960–2025
Last refreshed

Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.