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 93.70 million current US$ against 70.43 million current US$ in Faroe Islands, a difference of 23.27 million current US$.
That makes Trinidad and Tobago's figure about 1.3 times Faroe Islands's.
The two have swapped places 4 times across 27 shared years of data; in 1998 it was Faroe Islands ahead.
Faroe Islands ranks 131st and Trinidad and Tobago ranks 128th of 203 countries.
Faroe Islands has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Faroe Islands | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 159.63 million current US$ | 29.96 million current US$ | 129.67 million current US$ | Faroe Islands |
| 2000s | 140.03 million current US$ | 48.00 million current US$ | 92.03 million current US$ | Faroe Islands |
| 2010s | 148.15 million current US$ | -1.27 million current US$ | 149.41 million current US$ | Faroe Islands |
| 2020s | 110.02 million current US$ | 75.78 million current US$ | 34.24 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 Trinidad and Tobago?
- Trinidad and Tobago, at 93.70 million current US$ against 70.43 million current US$ 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?
- 23.27 million current US$, with Trinidad and Tobago ahead.
- How many years of comparable data are there for Faroe Islands and Trinidad and Tobago?
- 27 years are reported by both, from 1998 to 2024.
- How do Faroe Islands and Trinidad and Tobago rank globally for net secondary income (net current transfers from abroad)?
- Faroe Islands ranks 131st and Trinidad and Tobago ranks 128th of 203 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Net secondary income (Net current transfers from abroad) (current US$). 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.