Faroe Islands vs Vanuatu: Net primary income
Net primary income over time
- Faroe Islands
- Vanuatu
How they compare
Vanuatu currently reports 180.66 million BoP, current US$ against 121.78 million BoP, current US$ in Faroe Islands, a difference of 58.88 million BoP, current US$.
That makes Vanuatu's figure about 1.5 times Faroe Islands's.
Across all 14 years both countries report, Faroe Islands has been ahead every year.
Faroe Islands ranks 37th and Vanuatu ranks 36th of 199 countries.
Faroe Islands has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Faroe Islands | Vanuatu | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 31.66 million BoP, current US$ | -6.69 million BoP, current US$ | 38.35 million BoP, current US$ | Faroe Islands |
| 2000s | 43.56 million BoP, current US$ | -15.69 million BoP, current US$ | 59.24 million BoP, current US$ | Faroe Islands |
| 2010s | 102.51 million BoP, current US$ | -20.27 million BoP, current US$ | 122.78 million BoP, current US$ | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net primary income, Faroe Islands or Vanuatu?
- Vanuatu, at 180.66 million BoP, current US$ against 121.78 million BoP, current US$ in Faroe Islands as of 2022.
- What is the difference in net primary income between Faroe Islands and Vanuatu?
- 58.88 million BoP, current US$, with Vanuatu ahead.
- How many years of comparable data are there for Faroe Islands and Vanuatu?
- 14 years are reported by both, from 1998 to 2011.
- How do Faroe Islands and Vanuatu rank globally for net primary income?
- Faroe Islands ranks 37th and Vanuatu ranks 36th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net primary income (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Net primary income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). 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.