Faroe Islands vs Guatemala: Personal remittances, paid

Faroe Islands
34.40 million current US$
in 2011
Guatemala
34.24 million current US$
in 2024
Faroe Islands rank
166th
Guatemala rank
167th

Personal remittances, paid over time

  • Faroe Islands
  • Guatemala
020.0M40.0M60.0M80.0M197720002024

How they compare

Faroe Islands currently reports 34.40 million current US$ against 34.24 million current US$ in Guatemala, a difference of 161,300 current US$.

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

Faroe Islands ranks 166th and Guatemala ranks 167th of 195 countries.

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

Head to head by decade

Decade Faroe Islands Guatemala Difference Ahead
1990s 6.54 million current US$ 30.10 million current US$ 23.57 million current US$ Guatemala
2000s 18.67 million current US$ 44.27 million current US$ 25.60 million current US$ Guatemala
2010s 32.72 million current US$ 23.78 million current US$ 8.94 million current US$ Faroe Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher personal remittances, paid, Faroe Islands or Guatemala?
Faroe Islands, at 34.40 million current US$ against 34.24 million current US$ in Guatemala as of 2011.
What is the difference in personal remittances, paid between Faroe Islands and Guatemala?
161,300 current US$, with Faroe Islands ahead.
How many years of comparable data are there for Faroe Islands and Guatemala?
14 years are reported by both, from 1998 to 2011.
How do Faroe Islands and Guatemala rank globally for personal remittances, paid?
Faroe Islands ranks 166th and Guatemala ranks 167th of 195 countries.
Where does this data come from?
IMF balance of payments data, International Monetary Fund (IMF), published as Personal remittances, paid (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs Guatemala: Personal remittances, paid. Statizoid, drawing on IMF balance of payments data, International Monetary Fund (IMF). Retrieved 27 August 2026, from https://economy.statizoid.com/compare/personal-remittances-paid-current-us/faroe-islands/guatemala/

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About this data

Indicator
Personal remittances, paid (current US$)
Unit
current US$
Source
IMF balance of payments data, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
242 places, 9,655 data points, 1966–2025
Last refreshed

Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.