Faroe Islands - Current Account Balance 2006
1.05%
−0.72% from 2005
Faroe Islands's current account balance was 1.05% in 2006, decreased +0.72% from 1.77% in 2005. This was the 119th highest globally.
Global Ranking - 2006▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | São Tomé and Principe | -40.38% | -93.3% |
| 2nd | Grenada | -35.36% | 2.3% |
| 3rd | Montenegro | -31.70% | -90.4% |
| 4th | St. Lucia | -29.33% | -89.0% |
| 5th | Palau | -25.20% | 6.7% |
| 6th | West Bank and Gaza | -23.06% | 13.4% |
| 7th | Iceland | -22.66% | -45.8% |
| 8th | Latvia | -22.12% | -80.0% |
| 9th | Antigua and Barbuda | -19.84% | -98.4% |
| 10th | Maldives | -19.17% | 18.3% |
| 11th | Bulgaria | -17.05% | -80.9% |
| 12th | St. Vincent and the Grenadines | -16.46% | -17.3% |
| 13th | Fiji | -16.45% | -192.9% |
| 14th | Micronesia, Federated States of | -15.74% | -53.8% |
| 15th | Liberia | -15.44% | -796.3% |
| 16th | Georgia | -15.38% | -45.7% |
| 17th | Samoa | -15.34% | -114.9% |
| 18th | Estonia | -14.97% | -72.5% |
| 19th | Sudan | -14.35% | -104.2% |
| 20th | Bahamas, The | -13.81% | -345.6% |
| 21st | Tajikistan | -13.16% | -2.6% |
| 22nd | Nicaragua | -13.08% | -5.5% |
| 23rd | Seychelles | -12.37% | 34.7% |
| 24th | Jordan | -11.46% | 33.7% |
| 25th | Moldova | -11.34% | -50.0% |
| 26th | St. Kitts and Nevis | -11.06% | -52.9% |
| 27th | Greece | -10.99% | -46.3% |
| 28th | Lithuania | -10.68% | -44.6% |
| 29th | Romania | -10.67% | -21.9% |
| 30th | Barbados | -10.49% | -10.1% |
| 31st | Burundi | -10.49% | -124.8% |
| 32nd | Portugal | -10.23% | -6.7% |
| 33rd | Kyrgyz Republic | -10.10% | -365.8% |
| 34th | Jamaica | -9.91% | -6.7% |
| 35th | Madagascar | -9.16% | 26.9% |
| 36th | Serbia | -8.86% | -13.2% |
| 37th | Spain | -8.79% | -22.2% |
| 38th | Kiribati | -8.61% | 65.6% |
| 39th | Mauritius | -8.47% | -79.2% |
| 40th | Burkina Faso | -8.31% | 19.5% |
| 41st | Tonga | -8.11% | 14.5% |
| 42nd | Mozambique | -7.94% | 7.4% |
| 43rd | Croatia | -7.88% | -8.0% |
| 44th | Malta | -7.86% | 3.8% |
| 45th | Bosnia and Herzegovina | -7.76% | 52.7% |
| 46th | Slovak Republic | -7.71% | -5.3% |
| 47th | Guyana | -7.59% | -33.1% |
| 48th | Cabo Verde | -7.47% | -206.3% |
| 49th | Senegal | -7.37% | -19.7% |
| 50th | Albania | -7.33% | 19.5% |
| 51st | Hungary | -7.29% | -1.3% |
| 52nd | New Zealand | -7.07% | 1.1% |
| 53rd | Dominica | -6.99% | 66.5% |
| 54th | Vanuatu | -6.86% | 25.1% |
| 55th | Solomon Islands | -6.83% | -12.9% |
| 56th | Niger | -6.60% | 7.4% |
| 57th | Cyprus | -6.37% | -19.8% |
| 58th | Guinea-Bissau | -6.31% | -286.1% |
| 59th | Gambia, The | -6.22% | 1.0% |
| 60th | Australia | -6.17% | -3.7% |
| 61st | Eswatini | -6.12% | -83.9% |
| 62nd | New Caledonia | -5.93% | -228.9% |
| 63rd | Tanzania | -5.92% | -12.1% |
| 64th | United States | -5.91% | -2.9% |
| 65th | Türkiye | -5.57% | -34.5% |
| 66th | Togo | -5.31% | 19.8% |
| 67th | Sri Lanka | -5.30% | -152.7% |
| 68th | Malawi | -5.27% | 44.1% |
| 69th | Guinea | -5.25% | -532.0% |
| 70th | Guatemala | -5.12% | -16.4% |
| 71st | Lebanon | -5.07% | 31.4% |
| 72nd | Ghana | -5.06% | -20.9% |
| 73rd | El Salvador | -4.78% | -13.1% |
| 74th | Poland | -4.65% | -40.7% |
| 75th | Eritrea | -4.63% | -1,172.0% |
| 76th | Marshall Islands | -4.32% | -169.0% |
| 77th | Rwanda | -4.19% | -88.0% |
| 78th | Pakistan | -4.17% | -310.7% |
| 79th | Costa Rica | -4.13% | 3.7% |
| 80th | Bhutan | -4.02% | 86.0% |
| 81st | South Africa | -4.00% | -43.3% |
| 82nd | Belarus | -3.75% | -355.8% |
| 83rd | Honduras | -3.50% | -17.8% |
| 84th | Dominican Republic | -3.40% | -158.3% |
| 85th | Ireland | -3.39% | 4.3% |
| 86th | Comoros | -3.27% | 3.0% |
| 87th | Uganda | -3.19% | -907.4% |
| 88th | Chad | -3.16% | 42.6% |
| 89th | United Kingdom | -3.11% | -55.6% |
| 90th | Benin | -3.09% | 10.3% |
| 91st | Sierra Leone | -2.91% | 24.0% |
| 92nd | Central African Republic | -2.87% | 53.9% |
| 93rd | Cambodia | -2.80% | 17.8% |
| 94th | Mali | -2.66% | 62.6% |
| 95th | Czechia | -2.56% | -22.4% |
| 96th | Panama | -2.48% | 59.8% |
| 97th | Armenia | -2.40% | 5.3% |
| 98th | Djibouti | -2.15% | -107.1% |
| 99th | Uruguay | -1.99% | -915.2% |
| 100th | Kenya | -1.98% | -89.0% |
| 101st | Colombia | -1.85% | -38.2% |
| 102nd | Tunisia | -1.80% | -4.7% |
| 103rd | Slovenia | -1.77% | 2.3% |
| 104th | Belize | -1.60% | 84.4% |
| 105th | Ukraine | -1.45% | -149.2% |
| 106th | Italy | -1.45% | -64.3% |
| 107th | Haiti | -1.11% | -1,235.8% |
| 108th | Kazakhstan | -1.02% | -261.7% |
| 109th | India | -0.99% | 18.1% |
| 110th | North Macedonia | -0.42% | 82.9% |
| 111th | Mexico | -0.32% | 49.3% |
| 112th | Viet Nam | -0.25% | 67.8% |
| 113th | France | 0.02% | -78.7% |
| 114th | Korea | 0.19% | -84.8% |
| 115th | Congo, Democratic Republic of | 0.31% | -68.9% |
| 116th | Cameroon | 0.93% | 136.5% |
| 117th | Brazil | 0.97% | -25.7% |
| 118th | Thailand | 1.04% | 125.9% |
| 119th | Faroe Islands | 1.05% | -40.6% |
| 120th | Yemen, Republic of | 1.08% | -71.5% |
| 121st | Paraguay | 1.24% | 297.9% |
| 122nd | Zimbabwe | 1.28% | 296.8% |
| 123rd | Canada | 1.36% | -29.2% |
| 124th | Congo, Republic of | 1.54% | -74.6% |
| 125th | Nepal | 1.66% | -5.2% |
| 126th | Bangladesh | 1.67% | 338.0% |
| 127th | Belgium | 1.85% | -7.3% |
| 128th | Morocco | 1.86% | 17.9% |
| 129th | Côte d'Ivoire | 1.90% | 1,028.7% |
| 130th | Lao PDR | 2.18% | 113.9% |
| 131st | Egypt, Arab Republic of | 2.45% | -20.7% |
| 132nd | French Polynesia | 2.72% | 1,675.7% |
| 133rd | Syrian Arab Republic | 2.73% | 221.4% |
| 134th | Argentina | 2.79% | 13.0% |
| 135th | Indonesia | 2.98% | 480.6% |
| 136th | Peru | 3.24% | 107.3% |
| 137th | Israel | 3.28% | 39.8% |
| 138th | Austria | 3.29% | 44.8% |
| 139th | Denmark | 3.34% | -17.6% |
| 140th | Mauritania | 3.68% | 112.3% |
| 141st | Japan | 3.80% | 7.8% |
| 142nd | Ecuador | 3.81% | 223.5% |
| 143rd | Finland | 3.94% | 37.1% |
| 144th | Iraq | 4.12% | -69.6% |
| 145th | Zambia | 4.64% | 266.7% |
| 146th | Papua New Guinea | 5.28% | -38.1% |
| 147th | Philippines | 5.45% | 194.4% |
| 148th | Myanmar | 5.47% | 4.4% |
| 149th | Chile | 5.50% | 187.3% |
| 150th | Germany | 5.84% | 25.5% |
| 151st | Iran, Islamic Republic of | 6.31% | 13.2% |
| 152nd | Luxembourg | 6.65% | -4.2% |
| 153rd | Netherlands | 7.75% | 16.9% |
| 154th | Sweden | 8.16% | 37.1% |
| 155th | China | 8.31% | 45.9% |
| 156th | Suriname | 8.40% | 237.0% |
| 157th | Russian Federation | 9.33% | -9.6% |
| 158th | Uzbekistan | 9.98% | 56.2% |
| 159th | Mongolia | 10.90% | 214.3% |
| 160th | Bolivia, Plurinational State of | 11.50% | 76.9% |
| 161st | Bahrain | 11.82% | 33.3% |
| 162nd | Lesotho | 12.00% | 152.1% |
| 163rd | Aruba | 12.57% | 156.2% |
| 164th | Hong Kong SAR, China | 12.69% | 6.5% |
| 165th | Switzerland | 12.77% | 12.6% |
| 166th | Oman | 13.30% | -8.8% |
| 167th | Namibia | 13.53% | 200.9% |
| 168th | Gabon | 14.61% | -30.3% |
| 169th | Macao SAR, China | 14.89% | -37.0% |
| 170th | Nigeria | 15.31% | 0.2% |
| 171st | Malaysia | 16.10% | 17.0% |
| 172nd | Norway | 16.12% | -2.0% |
| 173rd | Qatar | 16.13% | -3.8% |
| 174th | Turkmenistan | 16.81% | 207.5% |
| 175th | United Arab Emirates | 17.32% | 31.5% |
| 176th | Azerbaijan | 17.67% | 1,298.0% |
| 177th | Angola | 18.23% | 46.8% |
| 178th | Botswana | 19.66% | 21.0% |
| 179th | Bermuda | 20.38% | - |
| 180th | Afghanistan | 20.84% | -31.0% |
| 181st | Algeria | 23.50% | 18.7% |
| 182nd | Singapore | 26.89% | 15.6% |
| 183rd | Tuvalu | 27.18% | 440.4% |
| 184th | Saudi Arabia | 27.44% | 0.1% |
| 185th | Libya | 36.89% | 3.4% |
| 186th | Trinidad and Tobago | 38.79% | 61.6% |
| 187th | Brunei Darussalam | 41.36% | 8.3% |
| 188th | Kuwait | 44.62% | 19.9% |
| 189th | Timor-Leste | 119.21% | 110.2% |
FAQ
What was Faroe Islands's current account balance in 2006?▾
Faroe Islands's current account balance in 2006 was 1.05%. This ranked 119th globally.
How did Faroe Islands's current account balance change in 2006?▾
Faroe Islands's current account balance decreased by 40.6% in 2006 compared to 2005.
Which country had the highest current account balance in 2006?▾
Timor-Leste had the highest current account balance in 2006 at 119.21%.
What is the current account balance of Faroe Islands in 2006?▾
The current account balance of Faroe Islands in 2006 was 1.05%. This ranked 119th globally.
How does 2006 compare to 2005 for Faroe Islands's current account balance?▾
Faroe Islands's current account balance went from 1.77% in 2005 to 1.05% in 2006, a 40.6% decrease.
Related
2005
2007
All years
Full ranking 2006
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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