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

Ecuador
0.0593 current US$ per US$ of GDP
in 2025
Faroe Islands
0.0632 current US$ per US$ of GDP
in 2011
Ecuador rank
58th
Faroe Islands rank
55th

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

  • Ecuador
  • Faroe Islands
00.020.040.060.08197620002025

How they compare

Faroe Islands currently reports 0.0632 current US$ per US$ of GDP against 0.0593 current US$ per US$ of GDP in Ecuador, a difference of 0.0039 current US$ per US$ of GDP.

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

The two have swapped places 2 times across 14 shared years of data; in 1998 it was Faroe Islands ahead.

Ecuador ranks 58th and Faroe Islands ranks 55th of 196 countries.

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

Head to head by decade

Decade Ecuador Faroe Islands Difference Ahead
1990s 0.042 current US$ per US$ of GDP 0.0441 current US$ per US$ of GDP 0.0021 current US$ per US$ of GDP Faroe Islands
2000s 0.0583 current US$ per US$ of GDP 0.0415 current US$ per US$ of GDP 0.0169 current US$ per US$ of GDP Ecuador
2010s 0.036 current US$ per US$ of GDP 0.063 current US$ per US$ of GDP 0.027 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, received (current us$), per unit of gdp, Ecuador or Faroe Islands?
Faroe Islands, at 0.0632 current US$ per US$ of GDP against 0.0593 current US$ per US$ of GDP in Ecuador as of 2011.
What is the difference in personal remittances, received (current us$), per unit of gdp between Ecuador and Faroe Islands?
0.0039 current US$ per US$ of GDP, with Faroe Islands ahead.
How many years of comparable data are there for Ecuador and Faroe Islands?
14 years are reported by both, from 1998 to 2011.
How do Ecuador and Faroe Islands rank globally for personal remittances, received (current us$), per unit of gdp?
Ecuador ranks 58th and Faroe Islands ranks 55th of 196 countries.
Where does this data come from?
Statizoid (derived), published as Personal remittances, received (current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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

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About this data

Indicator
Personal remittances, received (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
243 places, 9,663 data points, 1970–2025
Last refreshed

Personal remittances, received (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.