Faroe Islands vs Ukraine: Personal remittances, received

Faroe Islands
6.3%
in 2011
Ukraine
6.3%
in 2024
Faroe Islands rank
55th
Ukraine rank
56th

Personal remittances, received over time

  • Faroe Islands
  • Ukraine
02.557.510199620102024

How they compare

Faroe Islands currently reports 6.3% against 6.3% in Ukraine, a difference of 0.0%.

Across all 14 years both countries report, Faroe Islands has been ahead every year.

Faroe Islands ranks 55th and Ukraine ranks 56th 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 Ukraine Difference Ahead
1990s 4.4% 0.0% 4.4% Faroe Islands
2000s 4.1% 2.9% 1.2% Faroe Islands
2010s 6.3% 4.6% 1.7% Faroe Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher personal remittances, received, Faroe Islands or Ukraine?
Faroe Islands, at 6.3% against 6.3% in Ukraine as of 2011.
What is the difference in personal remittances, received between Faroe Islands and Ukraine?
0.0%, with Faroe Islands ahead.
How many years of comparable data are there for Faroe Islands and Ukraine?
14 years are reported by both, from 1998 to 2011.
How do Faroe Islands and Ukraine rank globally for personal remittances, received?
Faroe Islands ranks 55th and Ukraine ranks 56th of 196 countries.
Where does this data come from?
Staff estimates, World Bank (WB), published as Personal remittances, received (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs Ukraine: Personal remittances, received. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 12 September 2026, from https://economy.statizoid.com/compare/personal-remittances-received-percent-of-gdp/faroe-islands/ukraine/

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About this data

Indicator
Personal remittances, received (% of GDP)
Unit
% of GDP
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
243 places, 9,154 data points, 1970–2025
Last refreshed

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.