Faroe Islands vs Trinidad and Tobago: Net secondary income (Net current transfers from abroad)
Net secondary income (Net current transfers from abroad) over time
- Faroe Islands
- Trinidad and Tobago
How they compare
Trinidad and Tobago currently reports 632.36 million current LCU against 485.60 million current LCU in Faroe Islands, a difference of 146.76 million current LCU.
That makes Trinidad and Tobago's figure about 1.3 times Faroe Islands's.
The two have swapped places 4 times across 27 shared years of data; in 1998 it was Faroe Islands ahead.
Faroe Islands ranks 124th and Trinidad and Tobago ranks 121st of 203 countries.
Faroe Islands has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Faroe Islands | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.09 billion current LCU | 188.73 million current LCU | 902.67 million current LCU | Faroe Islands |
| 2000s | 890.50 million current LCU | 302.12 million current LCU | 588.38 million current LCU | Faroe Islands |
| 2010s | 900.21 million current LCU | -353,900 current LCU | 900.56 million current LCU | Faroe Islands |
| 2020s | 735.92 million current LCU | 511.79 million current LCU | 224.13 million current LCU | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net secondary income (net current transfers from abroad), Faroe Islands or Trinidad and Tobago?
- Trinidad and Tobago, at 632.36 million current LCU against 485.60 million current LCU in Faroe Islands as of 2025.
- What is the difference in net secondary income (net current transfers from abroad) between Faroe Islands and Trinidad and Tobago?
- 146.76 million current LCU, with Trinidad and Tobago ahead.
- How many years of comparable data are there for Faroe Islands and Trinidad and Tobago?
- 27 years are reported by both, from 1998 to 2024.
- How do Faroe Islands and Trinidad and Tobago rank globally for net secondary income (net current transfers from abroad)?
- Faroe Islands ranks 124th and Trinidad and Tobago ranks 121st of 203 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Net secondary income (Net current transfers from abroad) (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.