Faroe Islands vs Laos: Secondary income, other sectors, payments (BoP, current US$), per

Faroe Islands
0.0097 BoP, current US$ per US$ of GDP
in 2011
Laos
0.0103 BoP, current US$ per US$ of GDP
in 2024
Faroe Islands rank
114th
Laos rank
111th

Secondary income, other sectors, payments (BoP, current US$), per over time

  • Faroe Islands
  • Laos
00.010.020.030.04199820112024

How they compare

Laos currently reports 0.0103 BoP, current US$ per US$ of GDP against 0.0097 BoP, current US$ per US$ of GDP in Faroe Islands, a difference of 0.0006 BoP, current US$ per US$ of GDP.

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

The two have swapped places 4 times across 12 shared years of data; in 1999 it was Laos ahead.

Faroe Islands ranks 114th and Laos ranks 111th of 197 countries.

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

Head to head by decade

Decade Faroe Islands Laos Difference Ahead
1990s 0.0019 BoP, current US$ per US$ of GDP 0.0348 BoP, current US$ per US$ of GDP 0.0328 BoP, current US$ per US$ of GDP Laos
2000s 0.0079 BoP, current US$ per US$ of GDP 0.0206 BoP, current US$ per US$ of GDP 0.0127 BoP, current US$ per US$ of GDP Laos
2010s 0.0116 BoP, current US$ per US$ of GDP 0.0091 BoP, current US$ per US$ of GDP 0.0025 BoP, current US$ per US$ of GDP Faroe Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher secondary income, other sectors, payments (bop, current us$), per, Faroe Islands or Laos?
Laos, at 0.0103 BoP, current US$ per US$ of GDP against 0.0097 BoP, current US$ per US$ of GDP in Faroe Islands as of 2024.
What is the difference in secondary income, other sectors, payments (bop, current us$), per between Faroe Islands and Laos?
0.0006 BoP, current US$ per US$ of GDP, with Laos ahead.
How many years of comparable data are there for Faroe Islands and Laos?
12 years are reported by both, from 1999 to 2011.
How do Faroe Islands and Laos rank globally for secondary income, other sectors, payments (bop, current us$), per?
Faroe Islands ranks 114th and Laos ranks 111th of 197 countries.
Where does this data come from?
Statizoid (derived), published as Secondary income, other sectors, payments (BoP, current US$), 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 Laos: Secondary income, other sectors, payments (BoP, current US$), per. Statizoid, drawing on Statizoid (derived). Retrieved 28 September 2026, from https://economy.statizoid.com/compare/secondary-income-other-sectors-payments-bop-current-us-per-unit-of-gdp/faroe-islands/lao-pdr/

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About this data

Indicator
Secondary income, other sectors, payments (BoP, current US$), per unit of GDP
Unit
BoP, current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
244 places, 8,626 data points, 1960–2025
Last refreshed

Secondary income, other sectors, payments (BoP, 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.