Faroe Islands vs Gabon: Current account balance

Faroe Islands
194.30 million BoP, current US$
in 2011
Gabon
141.00 million BoP, current US$
in 2015
Faroe Islands rank
64th
Gabon rank
66th

Current account balance over time

  • Faroe Islands
  • Gabon
-1.0B01.0B2.0B3.0B4.0B197819962015

How they compare

Faroe Islands currently reports 194.30 million BoP, current US$ against 141.00 million BoP, current US$ in Gabon, a difference of 53.31 million BoP, current US$.

That makes Faroe Islands's figure about 1.4 times Gabon's.

The two have swapped places 1 time across 13 shared years of data; in 1998 it was Faroe Islands ahead.

Globally, Faroe Islands ranks 64th and Gabon ranks 66th of 199 countries.

Individual pages

About this data

Indicator
Current account balance (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
200 places, 7,806 data points, 1960–2025
Last refreshed

Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.