Faroe Islands vs Montenegro: Trade as a share of GDP

Faroe Islands
105.8%
in 2024
Montenegro
105.8%
in 2025
Faroe Islands rank
58th
Montenegro rank
57th

Trade as a share of GDP over time

  • Faroe Islands
  • Montenegro
050100150196219932025

How they compare

Montenegro currently reports 105.8% against 105.8% in Faroe Islands, a difference of 0.0%.

The two have swapped places 5 times across 25 shared years of data; in 2000 it was Faroe Islands ahead.

Faroe Islands ranks 58th and Montenegro ranks 57th of 191 countries.

Across the 3 decades both report, Faroe Islands averaged higher in 1 and Montenegro in 2.

Head to head by decade

Decade Faroe Islands Montenegro Difference Ahead
2000s 101.4% 104.5% 3.1% Montenegro
2010s 107.3% 105.5% 1.9% Faroe Islands
2020s 108.3% 109.2% 0.8% Montenegro

Averages of every year both report within each decade.

Frequently asked questions

Which has higher trade as a share of gdp, Faroe Islands or Montenegro?
Montenegro, at 105.8% against 105.8% in Faroe Islands as of 2025.
What is the difference in trade as a share of gdp between Faroe Islands and Montenegro?
0.0%, with Montenegro ahead.
How many years of comparable data are there for Faroe Islands and Montenegro?
25 years are reported by both, from 2000 to 2024.
How do Faroe Islands and Montenegro rank globally for trade as a share of gdp?
Faroe Islands ranks 58th and Montenegro ranks 57th 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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Faroe Islands vs Montenegro: 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/faroe-islands/montenegro/

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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.