Dominica vs Faroe Islands: Personal remittances, paid (current US$), per unit of GDP

Dominica
0.0125 current US$ per US$ of GDP
in 2025
Faroe Islands
0.0137 current US$ per US$ of GDP
in 2011
Dominica rank
68th
Faroe Islands rank
65th

Personal remittances, paid (current US$), per unit of GDP over time

  • Dominica
  • Faroe Islands
00.010.020.030.040.05198620052025

How they compare

Faroe Islands currently reports 0.0137 current US$ per US$ of GDP against 0.0125 current US$ per US$ of GDP in Dominica, a difference of 0.0012 current US$ per US$ of GDP.

That makes Faroe Islands's figure about 1.1 times Dominica's.

The two have swapped places 1 time across 14 shared years of data; in 1998 it was Faroe Islands ahead.

Dominica ranks 68th and Faroe Islands ranks 65th of 195 countries.

Across the 3 decades both report, Dominica averaged higher in 2 and Faroe Islands in 1.

Head to head by decade

Decade Dominica Faroe Islands Difference Ahead
1990s 0 current US$ per US$ of GDP 0.0059 current US$ per US$ of GDP 0.0058 current US$ per US$ of GDP Faroe Islands
2000s 0.0217 current US$ per US$ of GDP 0.0097 current US$ per US$ of GDP 0.012 current US$ per US$ of GDP Dominica
2010s 0.0454 current US$ per US$ of GDP 0.0135 current US$ per US$ of GDP 0.0318 current US$ per US$ of GDP Dominica

Averages of every year both report within each decade.

Frequently asked questions

Which has higher personal remittances, paid (current us$), per unit of gdp, Dominica or Faroe Islands?
Faroe Islands, at 0.0137 current US$ per US$ of GDP against 0.0125 current US$ per US$ of GDP in Dominica as of 2011.
What is the difference in personal remittances, paid (current us$), per unit of gdp between Dominica and Faroe Islands?
0.0012 current US$ per US$ of GDP, with Faroe Islands ahead.
How many years of comparable data are there for Dominica and Faroe Islands?
14 years are reported by both, from 1998 to 2011.
How do Dominica and Faroe Islands rank globally for personal remittances, paid (current us$), per unit of gdp?
Dominica ranks 68th and Faroe Islands ranks 65th of 195 countries.
Where does this data come from?
Statizoid (derived), published as Personal remittances, paid (current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Dominica vs Faroe Islands: Personal remittances, paid (current US$), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 17 September 2026, from https://economy.statizoid.com/compare/personal-remittances-paid-current-us-per-unit-of-gdp/dominica/faroe-islands/

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About this data

Indicator
Personal remittances, paid (current US$), per unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
242 places, 9,632 data points, 1966–2025
Last refreshed

Personal remittances, paid (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.