Belize vs Faroe Islands: Taxes less subsidies on products

Belize
481.82 million current US$
in 2024
Faroe Islands
478.54 million current US$
in 2024
Belize rank
147th
Faroe Islands rank
149th

Taxes less subsidies on products over time

  • Belize
  • Faroe Islands
0100.0M200.0M300.0M400.0M500.0M197820012024

How they compare

Belize currently reports 481.82 million current US$ against 478.54 million current US$ in Faroe Islands, a difference of 3.28 million current US$.

The two have swapped places 5 times across 27 shared years of data; in 1998 it was Faroe Islands ahead.

Belize ranks 147th and Faroe Islands ranks 149th of 197 countries.

Faroe Islands has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Belize Faroe Islands Difference Ahead
1990s 100.47 million current US$ 150.47 million current US$ 50.00 million current US$ Faroe Islands
2000s 154.43 million current US$ 241.53 million current US$ 87.10 million current US$ Faroe Islands
2010s 282.08 million current US$ 315.73 million current US$ 33.66 million current US$ Faroe Islands
2020s 401.81 million current US$ 436.03 million current US$ 34.22 million current US$ Faroe Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes less subsidies on products, Belize or Faroe Islands?
Belize, at 481.82 million current US$ against 478.54 million current US$ in Faroe Islands as of 2024.
What is the difference in taxes less subsidies on products between Belize and Faroe Islands?
3.28 million current US$, with Belize ahead.
How many years of comparable data are there for Belize and Faroe Islands?
27 years are reported by both, from 1998 to 2024.
How do Belize and Faroe Islands rank globally for taxes less subsidies on products?
Belize ranks 147th and Faroe Islands ranks 149th of 197 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Taxes less subsidies on products (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Belize vs Faroe Islands: Taxes less subsidies on products. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 02 September 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-current-us/belize/faroe-islands/

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About this data

Indicator
Taxes less subsidies on products (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
198 places, 8,428 data points, 1960–2025
Last refreshed

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 indicator is expressed in United States dollars.