Faroe Islands vs Sweden: Trade as a share of GDP
Faroe Islands
105.8%
in 2024
Sweden
104.3%
in 2025
Faroe Islands rank
58th
Sweden rank
59th
Trade as a share of GDP over time
- Faroe Islands
- Sweden
How they compare
Faroe Islands currently reports 105.8% against 104.3% in Sweden, a difference of 1.5%.
The two have swapped places 1 time across 63 shared years of data; in 1962 it was Faroe Islands ahead.
Faroe Islands ranks 58th and Sweden ranks 59th of 191 countries.
Faroe Islands has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Faroe Islands | Sweden | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 83.0% | 39.8% | 43.2% | Faroe Islands |
| 1970s | 83.3% | 49.8% | 33.5% | Faroe Islands |
| 1980s | 86.9% | 60.0% | 26.9% | Faroe Islands |
| 1990s | 85.8% | 63.6% | 22.2% | Faroe Islands |
| 2000s | 101.4% | 83.0% | 18.4% | Faroe Islands |
| 2010s | 107.3% | 85.9% | 21.4% | Faroe Islands |
| 2020s | 108.3% | 99.3% | 9.1% | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher trade as a share of gdp, Faroe Islands or Sweden?
- Faroe Islands, at 105.8% against 104.3% in Sweden as of 2024.
- What is the difference in trade as a share of gdp between Faroe Islands and Sweden?
- 1.5%, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Sweden?
- 63 years are reported by both, from 1962 to 2024.
- How do Faroe Islands and Sweden rank globally for trade as a share of gdp?
- Faroe Islands ranks 58th and Sweden ranks 59th 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.
Individual pages
About this data
Trade in goods and services as a share of GDP, shown as a percentage.