Faroe Islands vs Palau: Net secondary income (Net current transfers from abroad)
Net secondary income (Net current transfers from abroad) over time
- Faroe Islands
- Palau
How they compare
Faroe Islands currently reports 70.43 million current US$ against 66.30 million current US$ in Palau, a difference of 4.13 million current US$.
That makes Faroe Islands's figure about 1.1 times Palau's.
The two have swapped places 1 time across 25 shared years of data; in 2000 it was Faroe Islands ahead.
Faroe Islands ranks 130th and Palau ranks 131st of 202 countries.
Faroe Islands has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Faroe Islands | Palau | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 140.03 million current US$ | 28.92 million current US$ | 111.11 million current US$ | Faroe Islands |
| 2010s | 148.15 million current US$ | 34.30 million current US$ | 113.85 million current US$ | Faroe Islands |
| 2020s | 110.02 million current US$ | 52.08 million current US$ | 57.94 million current US$ | 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 Palau?
- Faroe Islands, at 70.43 million current US$ against 66.30 million current US$ in Palau as of 2024.
- What is the difference in net secondary income (net current transfers from abroad) between Faroe Islands and Palau?
- 4.13 million current US$, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Palau?
- 25 years are reported by both, from 2000 to 2024.
- How do Faroe Islands and Palau rank globally for net secondary income (net current transfers from abroad)?
- Faroe Islands ranks 130th and Palau ranks 131st of 202 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Net secondary income (Net current transfers from abroad) (current US$). 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 indicator is expressed in United States dollars.