Faroe Islands vs Tonga: Personal remittances, paid
Personal remittances, paid over time
- Faroe Islands
- Tonga
How they compare
Faroe Islands currently reports 34.40 million current US$ against 27.76 million current US$ in Tonga, a difference of 6.64 million current US$.
That makes Faroe Islands's figure about 1.2 times Tonga's.
The two have swapped places 2 times across 11 shared years of data; in 2001 it was Faroe Islands ahead.
Faroe Islands ranks 166th and Tonga ranks 169th of 195 countries.
Faroe Islands has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Faroe Islands | Tonga | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 20.11 million current US$ | 11.09 million current US$ | 9.02 million current US$ | Faroe Islands |
| 2010s | 32.72 million current US$ | 7.14 million current US$ | 25.58 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 Tonga?
- Faroe Islands, at 34.40 million current US$ against 27.76 million current US$ in Tonga as of 2011.
- What is the difference in personal remittances, paid between Faroe Islands and Tonga?
- 6.64 million current US$, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Tonga?
- 11 years are reported by both, from 2001 to 2011.
- How do Faroe Islands and Tonga rank globally for personal remittances, paid?
- Faroe Islands ranks 166th and Tonga ranks 169th of 195 countries.
- Where does this data come from?
- IMF balance of payments data, International Monetary Fund (IMF), published as Personal remittances, paid (current US$). 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.