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Faroe Islands - Trade Balance 1977

Name: Faroe Islands Trade Balance 1977
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

External balance on goods and services · World Bank

$-8.1M +$18.0M from 1976 Global rank: 73rd

Faroe Islands's trade balance was $-8.1M in 1977, increased +$18.0M from $-26.2M in 1976. This was the 73rd highest globally.

Global Ranking - 1977▾

Trade Balance by Country - 1977
Rank	Country	Value	YoY
1st	United States	$-23.1B	-1,315.9%
2nd	Germany	$-13.0B	-11.3%
3rd	Türkiye	$-4.0B	-35.4%
4th	Norway	$-3.8B	-25.8%
5th	Spain	$-3.5B	40.0%
6th	Portugal	$-2.5B	-18.3%
7th	Algeria	$-2.3B	-224.7%
8th	Morocco	$-2.3B	-25.2%
9th	Austria	$-2.3B	-117.4%
10th	Greece	$-2.1B	-14.7%
11th	Israel	$-1.8B	24.6%
12th	Denmark	$-1.8B	12.1%
13th	Syrian Arab Republic	$-1.7B	-53.6%
14th	Cuba	$-1.6B	-2.9%
15th	Puerto Rico (US)	$-1.6B	21.9%
16th	Egypt, Arab Republic of	$-1.4B	1.6%
17th	Pakistan	$-1.3B	-27.8%
18th	Brazil	$-1.2B	68.0%
19th	Ireland	$-1.1B	-35.2%
20th	Thailand	$-1.1B	-155.5%
21st	Sweden	$-1.1B	-4.6%
22nd	Jordan	$-1.0B	-28.9%
23rd	Peru	$-966.4M	24.7%
24th	Canada	$-752.2M	59.7%
25th	Korea	$-752.1M	14.1%
26th	Australia	$-695.1M	-575.4%
27th	Belgium	$-549.2M	-363.6%
28th	Sudan	$-543.9M	-14.2%
29th	Bangladesh	$-515.4M	60.5%
30th	Tunisia	$-430.8M	-93.8%
31st	Senegal	$-373.8M	-16.7%
32nd	Dominican Republic	$-330.4M	-21.5%
33rd	Chile	$-320.4M	-185.3%
34th	Burkina Faso	$-254.3M	-38.5%
35th	New Zealand	$-247.9M	29.3%
36th	Togo	$-205.5M	-137.2%
37th	Ecuador	$-202.5M	-14.6%
38th	Mauritania	$-198.4M	-7.9%
39th	Lesotho	$-194.4M	-9.0%
40th	Somalia, Fed. Rep.	$-194.2M	-74.2%
41st	Panama	$-175.3M	40.4%
42nd	Costa Rica	$-167.9M	-16.0%
43rd	Congo, Republic of	$-150.6M	23.8%
44th	Cyprus	$-146.6M	-97.6%
45th	Benin	$-139.5M	-10.8%
46th	Niger	$-125.1M	2.7%
47th	Chad	$-121.8M	-36.5%
48th	Nicaragua	$-118.8M	-661.1%
49th	Uruguay	$-113.7M	-496.7%
50th	Guatemala	$-98.7M	62.4%
51st	Singapore	$-97.0M	77.9%
52nd	Afghanistan	$-93.3M	-121.1%
53rd	Cameroon	$-93.2M	31.9%
54th	Bolivia, Plurinational State of	$-92.7M	-53.5%
55th	Mauritius	$-87.6M	-80.7%
56th	Madagascar	$-85.0M	-65.0%
57th	Malta	$-84.5M	-44.5%
58th	Botswana	$-83.1M	-40.2%
59th	Mali	$-71.6M	23.9%
60th	Guyana	$-70.0M	38.2%
61st	Guinea-Bissau	$-69.6M	-5.2%
62nd	Paraguay	$-62.5M	-8.9%
63rd	Sierra Leone	$-48.5M	-10.4%
64th	Central African Republic	$-46.3M	-43.6%
65th	Nepal	$-35.0M	29.3%
66th	Seychelles	$-34.7M	-13.7%
67th	Ghana	$-33.4M	-258.6%
68th	Rwanda	$-25.3M	17.5%
69th	Honduras	$-22.0M	29.1%
70th	Papua New Guinea	$-21.2M	-241.4%
71st	Iceland	$-19.1M	-530.9%
72nd	Gambia, The	$-14.9M	-150.5%
73rd	Faroe Islands	$-8.1M	69.0%
74th	Tonga	$-8.0M	10.8%
75th	Kiribati	$6.8M	-19.9%
76th	Gabon	$9.4M	160.5%
77th	El Salvador	$20.4M	168.7%
78th	Uganda	$39.8M	-8.8%
79th	Zimbabwe	$51.4M	-49.6%
80th	Mexico	$79.4M	106.5%
81st	Bahamas, The	$117.7M	-
82nd	India	$143.6M	-75.5%
83rd	Sri Lanka	$150.2M	279.1%
84th	Kenya	$151.3M	526.6%
85th	China	$210.7M	132.0%
86th	Luxembourg	$383.3M	-5.5%
87th	Oman	$390.9M	-6.7%
88th	Côte d'Ivoire	$394.4M	54.0%
89th	Finland	$439.7M	163.5%
90th	Colombia	$714.0M	47.7%
91st	France	$868.3M	140.4%
92nd	Malaysia	$986.5M	-14.5%
93rd	Hong Kong SAR, China	$1.0B	-25.3%
94th	Argentina	$1.3B	-21.9%
95th	Brunei Darussalam	$1.4B	26.8%
96th	Iran, Islamic Republic of	$1.4B	-77.5%
97th	Indonesia	$1.6B	212.6%
98th	South Africa	$2.0B	555.4%
99th	Italy	$2.4B	198.7%
100th	United Kingdom	$2.7B	244.0%
101st	Iraq	$3.0B	-20.0%
102nd	Netherlands	$3.7B	-33.0%
103rd	Switzerland	$3.7B	-6.1%
104th	Kuwait	$4.0B	-32.2%
105th	Japan	$10.7B	172.8%
106th	Saudi Arabia	$18.4B	-18.8%

FAQ

What was Faroe Islands's trade balance in 1977?▾

Faroe Islands's trade balance in 1977 was $-8.1M. This ranked 73rd globally.

How did Faroe Islands's trade balance change in 1977?▾

Faroe Islands's trade balance increased by 69.0% in 1977 compared to 1976.

Which country had the highest trade balance in 1977?▾

Saudi Arabia had the highest trade balance in 1977 at $18.4B.

What is the trade balance of Faroe Islands in 1977?▾

The trade balance of Faroe Islands in 1977 was $-8.1M. This ranked 73rd globally.

How does 1977 compare to 1976 for Faroe Islands's trade balance?▾

Faroe Islands's trade balance went from $-26.2M in 1976 to $-8.1M in 1977, a 69.0% increase.

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