Faroe Islands vs Grenada: Primary income payments
Primary income payments over time
- Faroe Islands
- Grenada
How they compare
Faroe Islands currently reports 116.94 million BoP, current US$ against 114.73 million BoP, current US$ in Grenada, a difference of 2.21 million BoP, current US$.
The two have swapped places 2 times across 14 shared years of data; in 1998 it was Faroe Islands ahead.
Faroe Islands ranks 166th and Grenada ranks 167th of 199 countries.
Faroe Islands has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Faroe Islands | Grenada | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 81.14 million BoP, current US$ | 29.00 million BoP, current US$ | 52.13 million BoP, current US$ | Faroe Islands |
| 2000s | 100.00 million BoP, current US$ | 63.01 million BoP, current US$ | 36.99 million BoP, current US$ | Faroe Islands |
| 2010s | 121.73 million BoP, current US$ | 85.11 million BoP, current US$ | 36.62 million BoP, current US$ | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher primary income payments, Faroe Islands or Grenada?
- Faroe Islands, at 116.94 million BoP, current US$ against 114.73 million BoP, current US$ in Grenada as of 2011.
- What is the difference in primary income payments between Faroe Islands and Grenada?
- 2.21 million BoP, current US$, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Grenada?
- 14 years are reported by both, from 1998 to 2011.
- How do Faroe Islands and Grenada rank globally for primary income payments?
- Faroe Islands ranks 166th and Grenada ranks 167th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Primary income payments (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Primary income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments).This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.