Austria vs Faroe Islands: Trade

Austria
107.0%
in 2025
Faroe Islands
105.8%
in 2024
Austria rank
57th
Faroe Islands rank
60th

Trade over time

  • Austria
  • Faroe Islands
0255075100125196219932025

How they compare

Austria currently reports 107.0% against 105.8% in Faroe Islands, a difference of 1.2%.

The two have swapped places 7 times across 55 shared years of data; in 1970 it was Faroe Islands ahead.

Austria ranks 57th and Faroe Islands ranks 60th of 193 countries.

Across the 6 decades both report, Austria averaged higher in 1 and Faroe Islands in 5.

Head to head by decade

Decade Austria Faroe Islands Difference Ahead
1970s 58.0% 83.3% 25.4% Faroe Islands
1980s 66.5% 86.9% 20.4% Faroe Islands
1990s 71.0% 85.8% 14.8% Faroe Islands
2000s 92.5% 101.4% 8.9% Faroe Islands
2010s 104.8% 107.3% 2.6% Faroe Islands
2020s 111.7% 108.3% 3.4% Austria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher trade, Austria or Faroe Islands?
Austria, at 107.0% against 105.8% in Faroe Islands as of 2025.
What is the difference in trade between Austria and Faroe Islands?
1.2%, with Austria ahead.
How many years of comparable data are there for Austria and Faroe Islands?
55 years are reported by both, from 1970 to 2024.
How do Austria and Faroe Islands rank globally for trade?
Austria ranks 57th and Faroe Islands ranks 60th of 193 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Trade (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Austria vs Faroe Islands: Trade. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 07 September 2026, from https://economy.statizoid.com/compare/trade-percent-of-gdp/austria/faroe-islands/

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About this data

Indicator
Trade (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
236 places, 11,229 data points, 1960–2025
Last refreshed

Trade is the sum of exports and imports of goods and services. 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.