Botswana vs Faroe Islands: Personal remittances, received
Personal remittances, received over time
- Botswana
- Faroe Islands
How they compare
Faroe Islands currently reports 158.41 million current US$ against 128.30 million current US$ in Botswana, a difference of 30.11 million current US$.
That makes Faroe Islands's figure about 1.2 times Botswana's.
The two have swapped places 2 times across 14 shared years of data; in 1998 it was Faroe Islands ahead.
Botswana ranks 152nd and Faroe Islands ranks 149th of 195 countries.
Faroe Islands has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Botswana | Faroe Islands | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 31.31 million current US$ | 49.26 million current US$ | 17.95 million current US$ | Faroe Islands |
| 2000s | 53.73 million current US$ | 76.92 million current US$ | 23.19 million current US$ | Faroe Islands |
| 2010s | 21.37 million current US$ | 152.40 million current US$ | 131.04 million current US$ | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher personal remittances, received, Botswana or Faroe Islands?
- Faroe Islands, at 158.41 million current US$ against 128.30 million current US$ in Botswana as of 2011.
- What is the difference in personal remittances, received between Botswana and Faroe Islands?
- 30.11 million current US$, with Faroe Islands ahead.
- How many years of comparable data are there for Botswana and Faroe Islands?
- 14 years are reported by both, from 1998 to 2011.
- How do Botswana and Faroe Islands rank globally for personal remittances, received?
- Botswana ranks 152nd and Faroe Islands ranks 149th of 195 countries.
- Where does this data come from?
- IMF balance of payments data, International Monetary Fund (IMF), published as Personal remittances, received (current US$). 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.