Faroe Islands vs Palau: Trade
Faroe Islands
105.8%
in 2024
Palau
105.8%
in 2024
Faroe Islands rank
60th
Palau rank
58th
Trade over time
- Faroe Islands
- Palau
How they compare
Palau currently reports 105.8% against 105.8% in Faroe Islands, a difference of 0.0%.
The two have swapped places 2 times across 20 shared years of data; in 2005 it was Palau ahead.
Faroe Islands ranks 60th and Palau ranks 58th of 193 countries.
Across the 3 decades both report, Faroe Islands averaged higher in 1 and Palau in 2.
Head to head by decade
| Decade | Faroe Islands | Palau | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 99.6% | 122.1% | 22.5% | Palau |
| 2010s | 107.3% | 129.5% | 22.2% | Palau |
| 2020s | 108.3% | 100.0% | 8.3% | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher trade, Faroe Islands or Palau?
- Palau, at 105.8% against 105.8% in Faroe Islands as of 2024.
- What is the difference in trade between Faroe Islands and Palau?
- 0.0%, with Palau ahead.
- How many years of comparable data are there for Faroe Islands and Palau?
- 20 years are reported by both, from 2005 to 2024.
- How do Faroe Islands and Palau rank globally for trade?
- Faroe Islands ranks 60th and Palau ranks 58th 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.
Individual pages
About this data
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.