Faroe Islands vs North Macedonia: Personal remittances, paid
Personal remittances, paid over time
- Faroe Islands
- North Macedonia
How they compare
Faroe Islands currently reports 34.40 million current US$ against 28.46 million current US$ in North Macedonia, a difference of 5.94 million current US$.
That makes Faroe Islands's figure about 1.2 times North Macedonia's.
The two have swapped places 1 time across 14 shared years of data; in 1998 it was North Macedonia ahead.
Faroe Islands ranks 166th and North Macedonia ranks 168th of 195 countries.
Across the 3 decades both report, Faroe Islands averaged higher in 1 and North Macedonia in 2.
Head to head by decade
| Decade | Faroe Islands | North Macedonia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 6.54 million current US$ | 16.33 million current US$ | 9.80 million current US$ | North Macedonia |
| 2000s | 18.67 million current US$ | 20.78 million current US$ | 2.10 million current US$ | North Macedonia |
| 2010s | 32.72 million current US$ | 23.65 million current US$ | 9.06 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 North Macedonia?
- Faroe Islands, at 34.40 million current US$ against 28.46 million current US$ in North Macedonia as of 2011.
- What is the difference in personal remittances, paid between Faroe Islands and North Macedonia?
- 5.94 million current US$, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and North Macedonia?
- 14 years are reported by both, from 1998 to 2011.
- How do Faroe Islands and North Macedonia rank globally for personal remittances, paid?
- Faroe Islands ranks 166th and North Macedonia ranks 168th of 195 countries.
- Where does this data come from?
- IMF balance of payments data, International Monetary Fund (IMF), published as Personal remittances, paid (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.