Faroe Islands vs Latvia: Personal remittances, paid (current US$), per unit of GDP
Faroe Islands
0.0137 current US$ per US$ of GDP
in 2011
Latvia
0.0138 current US$ per US$ of GDP
in 2025
Faroe Islands rank
65th
Latvia rank
63rd
Personal remittances, paid (current US$), per unit of GDP over time
- Faroe Islands
- Latvia
How they compare
Latvia currently reports 0.0138 current US$ per US$ of GDP against 0.0137 current US$ per US$ of GDP in Faroe Islands, a difference of 0.0001 current US$ per US$ of GDP.
The two have swapped places 4 times across 14 shared years of data; in 1998 it was Faroe Islands ahead.
Faroe Islands ranks 65th and Latvia ranks 63rd of 195 countries.
Faroe Islands has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Faroe Islands | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.0059 current US$ per US$ of GDP | 0.0011 current US$ per US$ of GDP | 0.0048 current US$ per US$ of GDP | Faroe Islands |
| 2000s | 0.0097 current US$ per US$ of GDP | 0.0085 current US$ per US$ of GDP | 0.0013 current US$ per US$ of GDP | Faroe Islands |
| 2010s | 0.0135 current US$ per US$ of GDP | 0.0134 current US$ per US$ of GDP | 0.0001 current US$ per US$ of GDP | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher personal remittances, paid (current us$), per unit of gdp, Faroe Islands or Latvia?
- Latvia, at 0.0138 current US$ per US$ of GDP against 0.0137 current US$ per US$ of GDP in Faroe Islands as of 2025.
- What is the difference in personal remittances, paid (current us$), per unit of gdp between Faroe Islands and Latvia?
- 0.0001 current US$ per US$ of GDP, with Latvia ahead.
- How many years of comparable data are there for Faroe Islands and Latvia?
- 14 years are reported by both, from 1998 to 2011.
- How do Faroe Islands and Latvia rank globally for personal remittances, paid (current us$), per unit of gdp?
- Faroe Islands ranks 65th and Latvia ranks 63rd of 195 countries.
- Where does this data come from?
- Statizoid (derived), published as Personal remittances, paid (current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.