Cayman Islands vs Faroe Islands: Taxes less subsidies on products
Taxes less subsidies on products over time
- Cayman Islands
- Faroe Islands
How they compare
Faroe Islands currently reports 478.54 million current US$ against 416.41 million current US$ in Cayman Islands, a difference of 62.13 million current US$.
That makes Faroe Islands's figure about 1.1 times Cayman Islands's.
Across all 19 years both countries report, Faroe Islands has been ahead every year.
Cayman Islands ranks 151st and Faroe Islands ranks 150th of 199 countries.
Faroe Islands has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Cayman Islands | Faroe Islands | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 247.35 million current US$ | 318.89 million current US$ | 71.55 million current US$ | Faroe Islands |
| 2010s | 263.23 million current US$ | 315.73 million current US$ | 52.50 million current US$ | Faroe Islands |
| 2020s | 366.27 million current US$ | 436.03 million current US$ | 69.76 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, Cayman Islands or Faroe Islands?
- Faroe Islands, at 478.54 million current US$ against 416.41 million current US$ in Cayman Islands as of 2024.
- What is the difference in taxes less subsidies on products between Cayman Islands and Faroe Islands?
- 62.13 million current US$, with Faroe Islands ahead.
- How many years of comparable data are there for Cayman Islands and Faroe Islands?
- 19 years are reported by both, from 2006 to 2024.
- How do Cayman Islands and Faroe Islands rank globally for taxes less subsidies on products?
- Cayman Islands ranks 151st and Faroe Islands ranks 150th of 199 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Taxes less subsidies on products (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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 indicator is expressed in United States dollars.