Faroe Islands vs Solomon Islands: Trade in services
Faroe Islands
24.0%
in 2011
Solomon Islands
24.1%
in 2024
Faroe Islands rank
93rd
Solomon Islands rank
92nd
Trade in services over time
- Faroe Islands
- Solomon Islands
How they compare
Solomon Islands currently reports 24.1% against 24.0% in Faroe Islands, a difference of 0.1%.
The two have swapped places 2 times across 14 shared years of data; in 1998 it was Solomon Islands ahead.
Faroe Islands ranks 93rd and Solomon Islands ranks 92nd of 200 countries.
Solomon Islands has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Faroe Islands | Solomon Islands | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 13.1% | 26.7% | 13.6% | Solomon Islands |
| 2000s | 18.8% | 21.7% | 2.9% | Solomon Islands |
| 2010s | 23.9% | 29.9% | 5.9% | Solomon Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher trade in services, Faroe Islands or Solomon Islands?
- Solomon Islands, at 24.1% against 24.0% in Faroe Islands as of 2024.
- What is the difference in trade in services between Faroe Islands and Solomon Islands?
- 0.1%, with Solomon Islands ahead.
- How many years of comparable data are there for Faroe Islands and Solomon Islands?
- 14 years are reported by both, from 1998 to 2011.
- How do Faroe Islands and Solomon Islands rank globally for trade in services?
- Faroe Islands ranks 93rd and Solomon Islands ranks 92nd of 200 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Trade in services (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.