Faroe Islands vs Marshall Islands: Goods balance (credit less debit), Net (credits less debits)

Faroe Islands
56.97 million
in 2011
Marshall Islands
-12.31 million
in 2021
Faroe Islands rank
62nd
Marshall Islands rank
65th

Goods balance (credit less debit), Net (credits less debits) over time

  • Faroe Islands
  • Marshall Islands
-200.0M-100.0M0100.0M200520132021

How they compare

Faroe Islands currently reports 56.97 million against -12.31 million in Marshall Islands, a difference of 69.27 million.

That makes Faroe Islands's figure about 4.6 times Marshall Islands's.

The two have swapped places 1 time across 7 shared years of data; in 2005 it was Marshall Islands ahead.

Faroe Islands ranks 62nd and Marshall Islands ranks 65th of 198 countries.

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

Head to head by decade

Decade Faroe Islands Marshall Islands Difference Ahead
2000s -95.72 million -67.73 million 28.00 million Marshall Islands
2010s 73.69 million -58.47 million 132.16 million Faroe Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher goods balance (credit less debit), net (credits less debits), Faroe Islands or Marshall Islands?
Faroe Islands, at 56.97 million against -12.31 million in Marshall Islands as of 2011.
What is the difference in goods balance (credit less debit), net (credits less debits) between Faroe Islands and Marshall Islands?
69.27 million, with Faroe Islands ahead.
How many years of comparable data are there for Faroe Islands and Marshall Islands?
7 years are reported by both, from 2005 to 2011.
How do Faroe Islands and Marshall Islands rank globally for goods balance (credit less debit), net (credits less debits)?
Faroe Islands ranks 62nd and Marshall Islands ranks 65th of 198 countries.
Where does this data come from?
International Monetary Fund, published as Goods balance (credit less debit), Net (credits less debits) (US dollar). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs Marshall Islands: Goods balance (credit less debit), Net (credits less debits). Statizoid, drawing on International Monetary Fund. Retrieved 07 September 2026, from https://financial-sector.statizoid.com/compare/goods-balance-credit-less-debit-net-credits-less-debits-us-dollar/faroe-islands/marshall-islands/

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About this data

Indicator
Goods balance (credit less debit), Net (credits less debits) (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
207 places, 3,864 data points, 2005–2024
Last refreshed

The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.