Faroe Islands - Current Account Balance 2005
1.77%
−5.75% from 2004
Faroe Islands's current account balance was 1.77% in 2005, decreased +5.75% from 7.52% in 2004. This was the 134th highest globally.
Global Ranking - 2005▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Grenada | -36.20% | -65.2% |
| 2nd | Mauritania | -29.86% | -36.4% |
| 3rd | Bhutan | -28.76% | -65.6% |
| 4th | West Bank and Gaza | -26.64% | 22.8% |
| 5th | São Tomé and Principe | -26.53% | -19.3% |
| 6th | Kiribati | -25.04% | -249.1% |
| 7th | Maldives | -23.47% | -135.4% |
| 8th | Palau | -20.73% | 40.4% |
| 9th | Liberia | -19.34% | -214.1% |
| 10th | Tuvalu | -18.67% | -1.8% |
| 11th | Jordan | -18.04% | -5,534.2% |
| 12th | Seychelles | -17.80% | -147.7% |
| 13th | Montenegro | -16.65% | -131.7% |
| 14th | Bosnia and Herzegovina | -16.43% | -2.0% |
| 15th | Solomon Islands | -16.31% | -206.2% |
| 16th | Dominica | -16.09% | -0.4% |
| 17th | Iceland | -15.55% | -57.4% |
| 18th | St. Lucia | -15.51% | -4.2% |
| 19th | St. Vincent and the Grenadines | -14.03% | -5.4% |
| 20th | Barbados | -12.98% | -34.8% |
| 21st | Tajikistan | -12.81% | -365.6% |
| 22nd | Lebanon | -12.78% | 12.5% |
| 23rd | Madagascar | -12.53% | -59.1% |
| 24th | Nicaragua | -12.40% | -4.5% |
| 25th | Latvia | -12.18% | 4.7% |
| 26th | Guyana | -11.67% | -912.2% |
| 27th | Bulgaria | -11.21% | -162.0% |
| 28th | Georgia | -10.85% | -60.5% |
| 29th | Burkina Faso | -10.32% | -5.8% |
| 30th | Ghana | -10.28% | -278.9% |
| 31st | Belize | -10.26% | 7.3% |
| 32nd | Micronesia, Federated States of | -10.23% | 45.5% |
| 33rd | Antigua and Barbuda | -10.00% | -58.5% |
| 34th | Samoa | -9.97% | -199.9% |
| 35th | Hungary | -9.89% | -15.8% |
| 36th | Portugal | -9.60% | -20.7% |
| 37th | Jamaica | -9.53% | -98.3% |
| 38th | Malawi | -9.52% | -28.5% |
| 39th | Tonga | -9.29% | -100.7% |
| 40th | Romania | -8.67% | -14.4% |
| 41st | Estonia | -8.63% | 27.6% |
| 42nd | Vanuatu | -8.62% | -210.1% |
| 43rd | Mozambique | -8.58% | -42.0% |
| 44th | Slovak Republic | -8.19% | -39.5% |
| 45th | Suriname | -8.18% | -18.8% |
| 46th | Serbia | -7.83% | 35.9% |
| 47th | Moldova | -7.56% | -325.5% |
| 48th | Croatia | -7.54% | -26.4% |
| 49th | Greece | -7.52% | -32.5% |
| 50th | Lithuania | -7.34% | 3.4% |
| 51st | St. Kitts and Nevis | -7.23% | 6.1% |
| 52nd | Spain | -7.21% | -33.1% |
| 53rd | Bahamas, The | -7.12% | -543.5% |
| 54th | Niger | -7.11% | -15.2% |
| 55th | Sudan | -7.03% | -128.9% |
| 56th | New Zealand | -7.00% | -52.3% |
| 57th | Albania | -6.92% | -18.2% |
| 58th | Fiji | -6.90% | 37.7% |
| 59th | Iraq | -6.66% | 19.8% |
| 60th | Malta | -6.54% | -20.3% |
| 61st | Panama | -6.40% | 3.2% |
| 62nd | Lao PDR | -6.35% | 54.2% |
| 63rd | Togo | -6.33% | 6.9% |
| 64th | Central African Republic | -6.24% | -265.5% |
| 65th | Australia | -6.22% | 1.4% |
| 66th | Senegal | -6.14% | -20.5% |
| 67th | Tanzania | -5.94% | -85.0% |
| 68th | Mali | -5.89% | 14.2% |
| 69th | United States | -5.75% | -10.4% |
| 70th | Chad | -5.51% | 52.8% |
| 71st | Cyprus | -5.27% | -15.8% |
| 72nd | Mauritius | -4.93% | -196.6% |
| 73rd | Guatemala | -4.63% | 0.6% |
| 74th | Cambodia | -4.34% | -120.6% |
| 75th | Costa Rica | -4.29% | -18.4% |
| 76th | El Salvador | -4.23% | 9.6% |
| 77th | Gambia, The | -4.22% | -55.2% |
| 78th | Cabo Verde | -4.18% | 60.1% |
| 79th | Türkiye | -4.13% | -18.7% |
| 80th | Sierra Leone | -4.12% | 2.6% |
| 81st | Comoros | -4.10% | -68.0% |
| 82nd | Thailand | -4.04% | -352.9% |
| 83rd | Guinea | -3.74% | -104.6% |
| 84th | Benin | -3.44% | 26.2% |
| 85th | Ireland | -3.37% | -3,340.9% |
| 86th | Eswatini | -3.31% | -225.0% |
| 87th | Poland | -3.30% | 44.5% |
| 88th | Honduras | -3.12% | 59.2% |
| 89th | Congo, Democratic Republic of | -3.08% | -250.9% |
| 90th | Zambia | -2.78% | 7.7% |
| 91st | South Africa | -2.77% | -12.2% |
| 92nd | Sri Lanka | -2.66% | -0.4% |
| 93rd | North Macedonia | -2.55% | 67.8% |
| 94th | Cameroon | -2.54% | -14.8% |
| 95th | Armenia | -2.53% | -14.7% |
| 96th | Pakistan | -2.48% | -279.3% |
| 97th | Rwanda | -2.23% | -20.6% |
| 98th | Czechia | -2.05% | 44.8% |
| 99th | United Kingdom | -1.98% | 14.2% |
| 100th | Slovenia | -1.89% | 30.2% |
| 101st | Marshall Islands | -1.84% | -152.0% |
| 102nd | New Caledonia | -1.80% | -141.4% |
| 103rd | Guinea-Bissau | -1.64% | -4.1% |
| 104th | Kyrgyz Republic | -1.52% | -125.0% |
| 105th | Kenya | -1.35% | -133.0% |
| 106th | Colombia | -1.34% | -100.9% |
| 107th | Dominican Republic | -1.32% | -128.6% |
| 108th | India | -1.25% | -260.2% |
| 109th | Viet Nam | -0.97% | 61.6% |
| 110th | Tunisia | -0.93% | 69.3% |
| 111th | Italy | -0.90% | -86.7% |
| 112th | Zimbabwe | -0.65% | 29.1% |
| 113th | Paraguay | -0.63% | -516.4% |
| 114th | Mexico | -0.62% | -34.1% |
| 115th | Burundi | -0.51% | 91.8% |
| 116th | Bangladesh | -0.25% | -209.7% |
| 117th | France | -0.01% | -101.2% |
| 118th | Indonesia | 0.10% | -94.8% |
| 119th | Haiti | 0.10% | 109.7% |
| 120th | French Polynesia | 0.15% | -95.4% |
| 121st | Côte d'Ivoire | 0.17% | -84.3% |
| 122nd | Uruguay | 0.24% | 966.5% |
| 123rd | Eritrea | 0.43% | 149.7% |
| 124th | Uganda | 0.53% | 3,429.8% |
| 125th | Kazakhstan | 0.63% | -19.2% |
| 126th | Syrian Arab Republic | 1.04% | 133.4% |
| 127th | Ecuador | 1.18% | 186.4% |
| 128th | Korea | 1.26% | -64.7% |
| 129th | Azerbaijan | 1.26% | 104.2% |
| 130th | Brazil | 1.31% | -2.2% |
| 131st | Peru | 1.51% | 1,505.1% |
| 132nd | Morocco | 1.51% | 1.1% |
| 133rd | Belarus | 1.52% | 130.5% |
| 134th | Faroe Islands | 1.77% | -76.4% |
| 135th | Philippines | 1.85% | 8.4% |
| 136th | Canada | 1.87% | -20.3% |
| 137th | Nepal | 1.88% | -20.5% |
| 138th | Chile | 1.91% | -41.4% |
| 139th | Austria | 1.99% | -5.1% |
| 140th | Belgium | 2.00% | -35.6% |
| 141st | Israel | 2.22% | 148.2% |
| 142nd | Egypt, Arab Republic of | 2.35% | -43.1% |
| 143rd | Argentina | 2.65% | 47.6% |
| 144th | Ukraine | 2.84% | -73.4% |
| 145th | Djibouti | 2.84% | -90.6% |
| 146th | Mongolia | 3.47% | 9.6% |
| 147th | Japan | 3.52% | -5.4% |
| 148th | Yemen, Republic of | 3.73% | 130.1% |
| 149th | Finland | 3.80% | -32.2% |
| 150th | Denmark | 4.15% | 2.9% |
| 151st | Aruba | 4.45% | -63.4% |
| 152nd | Namibia | 4.55% | -32.0% |
| 153rd | Germany | 4.64% | 2.9% |
| 154th | Myanmar | 4.85% | 113.8% |
| 155th | Turkmenistan | 5.47% | 780.2% |
| 156th | Iran, Islamic Republic of | 5.57% | 791.0% |
| 157th | Lesotho | 5.69% | 13.8% |
| 158th | China | 5.71% | 63.9% |
| 159th | Sweden | 6.02% | 1.5% |
| 160th | Netherlands | 6.04% | -20.8% |
| 161st | Bolivia, Plurinational State of | 6.52% | 76.5% |
| 162nd | Luxembourg | 6.93% | -2.1% |
| 163rd | Uzbekistan | 8.02% | 40.4% |
| 164th | Bahrain | 9.23% | 166.7% |
| 165th | Congo, Republic of | 10.46% | -20.7% |
| 166th | Russian Federation | 11.05% | 19.4% |
| 167th | Switzerland | 11.40% | -9.2% |
| 168th | Hong Kong SAR, China | 11.88% | 19.2% |
| 169th | Angola | 12.41% | 391.9% |
| 170th | United Arab Emirates | 13.17% | 104.7% |
| 171st | Papua New Guinea | 13.35% | 5,176.8% |
| 172nd | Malaysia | 13.92% | 25.4% |
| 173rd | Oman | 14.58% | 358.5% |
| 174th | Botswana | 16.11% | 348.4% |
| 175th | Norway | 16.12% | 27.5% |
| 176th | Qatar | 16.76% | -32.0% |
| 177th | Algeria | 19.79% | 63.6% |
| 178th | Gabon | 20.69% | 73.8% |
| 179th | Nigeria | 20.79% | 126.6% |
| 180th | Singapore | 23.26% | 20.5% |
| 181st | Macao SAR, China | 23.65% | -28.2% |
| 182nd | Trinidad and Tobago | 24.29% | 82.5% |
| 183rd | Saudi Arabia | 27.07% | 34.9% |
| 184th | Afghanistan | 30.23% | -18.8% |
| 185th | Libya | 31.57% | 52.9% |
| 186th | Kuwait | 37.22% | 41.9% |
| 187th | Brunei Darussalam | 38.23% | 15.7% |
| 188th | Timor-Leste | 56.70% | 281.1% |
FAQ
What was Faroe Islands's current account balance in 2005?▾
Faroe Islands's current account balance in 2005 was 1.77%. This ranked 134th globally.
How did Faroe Islands's current account balance change in 2005?▾
Faroe Islands's current account balance decreased by 76.4% in 2005 compared to 2004.
Which country had the highest current account balance in 2005?▾
Timor-Leste had the highest current account balance in 2005 at 56.70%.
What is the current account balance of Faroe Islands in 2005?▾
The current account balance of Faroe Islands in 2005 was 1.77%. This ranked 134th globally.
How does 2005 compare to 2004 for Faroe Islands's current account balance?▾
Faroe Islands's current account balance went from 7.52% in 2004 to 1.77% in 2005, a 76.4% decrease.
Related
2004
2006
All years
Full ranking 2005
Exports
Imports
Trade Balance
FDI Inflows
FDI Outflows
Peak: 1998
Lowest: 2007
Current Account Balance 1990s
Current Account Balance 2000s
Current Account Balance 2010s
Current Account Balance 2020s
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Lowest ever
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