Bulgaria vs Faroe Islands: Trade as a share of GDP

Bulgaria
102.5%
in 2025
Faroe Islands
105.8%
in 2024
Bulgaria rank
61st
Faroe Islands rank
58th

Trade as a share of GDP over time

  • Bulgaria
  • Faroe Islands
050100150196219932025

How they compare

Faroe Islands currently reports 105.8% against 102.5% in Bulgaria, a difference of 3.3%.

The two have swapped places 7 times across 45 shared years of data; in 1980 it was Faroe Islands ahead.

Bulgaria ranks 61st and Faroe Islands ranks 58th of 191 countries.

Across the 5 decades both report, Bulgaria averaged higher in 2 and Faroe Islands in 3.

Head to head by decade

Decade Bulgaria Faroe Islands Difference Ahead
1980s 79.5% 86.9% 7.4% Faroe Islands
1990s 82.2% 85.8% 3.6% Faroe Islands
2000s 95.6% 101.4% 5.8% Faroe Islands
2010s 123.8% 107.3% 16.5% Bulgaria
2020s 120.1% 108.3% 11.8% Bulgaria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher trade as a share of gdp, Bulgaria or Faroe Islands?
Faroe Islands, at 105.8% against 102.5% in Bulgaria as of 2024.
What is the difference in trade as a share of gdp between Bulgaria and Faroe Islands?
3.3%, with Faroe Islands ahead.
How many years of comparable data are there for Bulgaria and Faroe Islands?
45 years are reported by both, from 1980 to 2024.
How do Bulgaria and Faroe Islands rank globally for trade as a share of gdp?
Bulgaria ranks 61st and Faroe Islands ranks 58th of 191 countries.
Where does this data come from?
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as Trade as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Bulgaria vs Faroe Islands: Trade as a share of GDP. Statizoid, drawing on National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Retrieved 05 September 2026, from https://economy.statizoid.com/compare/trade-as-share-of-gdp/bulgaria/faroe-islands/

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About this data

Indicator
Trade as a share of GDP
Unit
% of GDP
Source
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
191 places, 9,006 data points, 1960–2025
Last refreshed

Trade in goods and services as a share of GDP, shown as a percentage.