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

Faroe Islands
0.1181 current US$ per US$ of GDP
in 2024
Sri Lanka
0.1157 current US$ per US$ of GDP
in 2025
Faroe Islands rank
51st
Sri Lanka rank
54th

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

  • Faroe Islands
  • Sri Lanka
0.050.0750.10.1250.15199820112025

How they compare

Faroe Islands currently reports 0.1181 current US$ per US$ of GDP against 0.1157 current US$ per US$ of GDP in Sri Lanka, a difference of 0.0024 current US$ per US$ of GDP.

Across all 15 years both countries report, Faroe Islands has been ahead every year.

Faroe Islands ranks 51st and Sri Lanka ranks 54th of 197 countries.

Faroe Islands has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Faroe Islands Sri Lanka Difference Ahead
2010s 0.1145 current US$ per US$ of GDP 0.0812 current US$ per US$ of GDP 0.0333 current US$ per US$ of GDP Faroe Islands
2020s 0.1175 current US$ per US$ of GDP 0.0612 current US$ per US$ of GDP 0.0562 current US$ per US$ of GDP Faroe Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes less subsidies on products (current us$), per unit of gdp, Faroe Islands or Sri Lanka?
Faroe Islands, at 0.1181 current US$ per US$ of GDP against 0.1157 current US$ per US$ of GDP in Sri Lanka as of 2024.
What is the difference in taxes less subsidies on products (current us$), per unit of gdp between Faroe Islands and Sri Lanka?
0.0024 current US$ per US$ of GDP, with Faroe Islands ahead.
How many years of comparable data are there for Faroe Islands and Sri Lanka?
15 years are reported by both, from 2010 to 2024.
How do Faroe Islands and Sri Lanka rank globally for taxes less subsidies on products (current us$), per unit of gdp?
Faroe Islands ranks 51st and Sri Lanka ranks 54th of 197 countries.
Where does this data come from?
Statizoid (derived), published as Taxes less subsidies on products (current US$), 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 Sri Lanka: Taxes less subsidies on products (current US$), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 15 September 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-current-us-per-unit-of-gdp/faroe-islands/sri-lanka/

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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.