Estonia vs Faroe Islands: 28_Cross-border dep. with BIS banks, nonbanks, per unit of GDP

Estonia
0.0536 units per US$ of GDP
in 2025
Faroe Islands
0.0579 units per US$ of GDP
in 2024
Estonia rank
80th
Faroe Islands rank
77th

28_Cross-border dep. with BIS banks, nonbanks, per unit of GDP over time

  • Estonia
  • Faroe Islands
00.050.10.15199520102025

How they compare

Faroe Islands currently reports 0.0579 units per US$ of GDP against 0.0536 units per US$ of GDP in Estonia, a difference of 0.0043 units per US$ of GDP.

That makes Faroe Islands's figure about 1.1 times Estonia's.

The two have swapped places 5 times across 30 shared years of data; in 1995 it was Estonia ahead.

Estonia ranks 80th and Faroe Islands ranks 77th of 204 countries.

Across the 4 decades both report, Estonia averaged higher in 3 and Faroe Islands in 1.

Head to head by decade

Decade Estonia Faroe Islands Difference Ahead
1990s 0.0231 units per US$ of GDP 0.0009 units per US$ of GDP 0.0222 units per US$ of GDP Estonia
2000s 0.0217 units per US$ of GDP 0.0184 units per US$ of GDP 0.0033 units per US$ of GDP Estonia
2010s 0.0278 units per US$ of GDP 0.0541 units per US$ of GDP 0.0264 units per US$ of GDP Faroe Islands
2020s 0.0533 units per US$ of GDP 0.0529 units per US$ of GDP 0.0003 units per US$ of GDP Estonia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher 28_cross-border dep. with bis banks, nonbanks, per unit of gdp, Estonia or Faroe Islands?
Faroe Islands, at 0.0579 units per US$ of GDP against 0.0536 units per US$ of GDP in Estonia as of 2024.
What is the difference in 28_cross-border dep. with bis banks, nonbanks, per unit of gdp between Estonia and Faroe Islands?
0.0043 units per US$ of GDP, with Faroe Islands ahead.
How many years of comparable data are there for Estonia and Faroe Islands?
30 years are reported by both, from 1995 to 2024.
How do Estonia and Faroe Islands rank globally for 28_cross-border dep. with bis banks, nonbanks, per unit of gdp?
Estonia ranks 80th and Faroe Islands ranks 77th of 204 countries.
Where does this data come from?
Statizoid (derived), published as 28_Cross-border dep. with BIS banks, nonbanks, per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Estonia vs Faroe Islands: 28_Cross-border dep. with BIS banks, nonbanks, per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://reference.statizoid.com/compare/28-cross-border-dep-with-bis-banks-nonbanks-per-unit-of-gdp/estonia/faroe-islands/

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About this data

Indicator
28_Cross-border dep. with BIS banks, nonbanks, per unit of GDP
Unit
units per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
204 places, 6,138 data points, 1995–2025
Last refreshed

28_Cross-border dep. with BIS banks, nonbanks divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.