Faroe Islands vs Liberia: Current account balance

Faroe Islands
194.30 million BoP, current US$
in 2011
Liberia
119.78 million BoP, current US$
in 2024
Faroe Islands rank
64th
Liberia rank
67th

Current account balance over time

  • Faroe Islands
  • Liberia
-1.5B-1.0B-500.0M0197920012024

How they compare

Faroe Islands currently reports 194.30 million BoP, current US$ against 119.78 million BoP, current US$ in Liberia, a difference of 74.52 million BoP, current US$.

That makes Faroe Islands's figure about 1.6 times Liberia's.

Across all 8 years both countries report, Faroe Islands has been ahead every year.

Globally, Faroe Islands ranks 64th and Liberia ranks 67th 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.