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

Faroe Islands
0.0632 current US$ per US$ of GDP
in 2011
Solomon Islands
0.0601 current US$ per US$ of GDP
in 2024
Faroe Islands rank
55th
Solomon Islands rank
57th

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

  • Faroe Islands
  • Solomon Islands
00.020.040.06199820112024

How they compare

Faroe Islands currently reports 0.0632 current US$ per US$ of GDP against 0.0601 current US$ per US$ of GDP in Solomon Islands, a difference of 0.0031 current US$ per US$ of GDP.

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

Across all 13 years both countries report, Faroe Islands has been ahead every year.

Faroe Islands ranks 55th and Solomon Islands ranks 57th of 196 countries.

Faroe Islands has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Faroe Islands Solomon Islands Difference Ahead
1990s 0.0444 current US$ per US$ of GDP 0.0048 current US$ per US$ of GDP 0.0395 current US$ per US$ of GDP Faroe Islands
2000s 0.0415 current US$ per US$ of GDP 0.0134 current US$ per US$ of GDP 0.0281 current US$ per US$ of GDP Faroe Islands
2010s 0.063 current US$ per US$ of GDP 0.0159 current US$ per US$ of GDP 0.0471 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$), per unit of gdp, Faroe Islands or Solomon Islands?
Faroe Islands, at 0.0632 current US$ per US$ of GDP against 0.0601 current US$ per US$ of GDP in Solomon Islands as of 2011.
What is the difference in personal remittances, received (current us$), per unit of gdp between Faroe Islands and Solomon Islands?
0.0031 current US$ per US$ of GDP, with Faroe Islands ahead.
How many years of comparable data are there for Faroe Islands and Solomon Islands?
13 years are reported by both, from 1999 to 2011.
How do Faroe Islands and Solomon Islands rank globally for personal remittances, received (current us$), per unit of gdp?
Faroe Islands ranks 55th and Solomon Islands ranks 57th of 196 countries.
Where does this data come from?
Statizoid (derived), published as Personal remittances, received (current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs Solomon 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/faroe-islands/solomon-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.