Faroe Islands vs Micronesia (country): Net primary income (Net income from abroad) (current US$) (US current)
Net primary income (Net income from abroad) (current US$) (US current) over time
- Faroe Islands
- Micronesia (country)
How they compare
Faroe Islands currently reports 68.52 million current US$ against 51.90 million current US$ in Micronesia (country), a difference of 16.62 million current US$.
That makes Faroe Islands's figure about 1.3 times Micronesia (country)'s.
The two have swapped places 4 times across 27 shared years of data; in 1998 it was Faroe Islands ahead.
Faroe Islands ranks 42nd and Micronesia (country) ranks 45th of 209 countries.
Faroe Islands has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Faroe Islands | Micronesia (country) | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 38.53 million current US$ | 3.28 million current US$ | 35.25 million current US$ | Faroe Islands |
| 2000s | 39.30 million current US$ | 7.69 million current US$ | 31.61 million current US$ | Faroe Islands |
| 2010s | 100.06 million current US$ | 28.06 million current US$ | 72.00 million current US$ | Faroe Islands |
| 2020s | 78.38 million current US$ | 54.03 million current US$ | 24.34 million current US$ | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net primary income (net income from abroad), Faroe Islands or Micronesia (country)?
- Faroe Islands, at 68.52 million current US$ against 51.90 million current US$ in Micronesia (country) as of 2024.
- What is the difference in net primary income (net income from abroad) between Faroe Islands and Micronesia (country)?
- 16.62 million current US$, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Micronesia (country)?
- 27 years are reported by both, from 1998 to 2024.
- How do Faroe Islands and Micronesia (country) rank globally for net primary income (net income from abroad)?
- Faroe Islands ranks 42nd and Micronesia (country) ranks 45th of 209 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Net primary income (Net income from abroad) (current US$). 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.