Faroe Islands vs Latvia: Net primary income (BoP, current US$), annual growth rate

Faroe Islands
46.3 % change on previous year
in 2011
Latvia
53.92 % change on previous year
in 2025
Faroe Islands rank
27th
Latvia rank
24th

Net primary income (BoP, current US$), annual growth rate over time

  • Faroe Islands
  • Latvia
-750-500-2500250500199320092025

How they compare

Latvia currently reports 53.92 % change on previous year against 46.3 % change on previous year in Faroe Islands, a difference of 7.62 % change on previous year.

That makes Latvia's figure about 1.2 times Faroe Islands's.

The two have swapped places 6 times across 12 shared years of data; in 1999 it was Faroe Islands ahead.

Faroe Islands ranks 27th and Latvia ranks 24th of 199 countries.

Faroe Islands has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Faroe Islands Latvia Difference Ahead
1990s 22.57 % change on previous year -204.49 % change on previous year 227.06 % change on previous year Faroe Islands
2000s 0.438 % change on previous year -56.2 % change on previous year 56.64 % change on previous year Faroe Islands
2010s 46.3 % change on previous year -115.37 % change on previous year 161.67 % change on previous year Faroe Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher net primary income (bop, current us$), annual growth rate, Faroe Islands or Latvia?
Latvia, at 53.92 % change on previous year against 46.3 % change on previous year in Faroe Islands as of 2025.
What is the difference in net primary income (bop, current us$), annual growth rate between Faroe Islands and Latvia?
7.62 % change on previous year, with Latvia ahead.
How many years of comparable data are there for Faroe Islands and Latvia?
12 years are reported by both, from 1999 to 2011.
How do Faroe Islands and Latvia rank globally for net primary income (bop, current us$), annual growth rate?
Faroe Islands ranks 27th and Latvia ranks 24th of 199 countries.
Where does this data come from?
Statizoid (derived), published as Net primary income (BoP, current US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs Latvia: Net primary income (BoP, current US$), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/compare/net-primary-income-bop-current-us-annual-growth-rate/faroe-islands/latvia/

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About this data

Indicator
Net primary income (BoP, current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
200 places, 7,480 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Net primary income (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.