Dominica vs Faroe Islands: Secondary income, other sectors, payments
Secondary income, other sectors, payments over time
- Dominica
- Faroe Islands
How they compare
Dominica currently reports 30.53 million BoP, current US$ against 24.20 million BoP, current US$ in Faroe Islands, a difference of 6.33 million BoP, current US$.
That makes Dominica's figure about 1.3 times Faroe Islands's.
The two have swapped places 1 time across 14 shared years of data; in 1998 it was Dominica ahead.
Dominica ranks 177th and Faroe Islands ranks 180th of 198 countries.
Across the 3 decades both report, Dominica averaged higher in 2 and Faroe Islands in 1.
Head to head by decade
| Decade | Dominica | Faroe Islands | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 4.06 million BoP, current US$ | 2.13 million BoP, current US$ | 1.93 million BoP, current US$ | Dominica |
| 2000s | 14.67 million BoP, current US$ | 14.36 million BoP, current US$ | 302,980 BoP, current US$ | Dominica |
| 2010s | 18.24 million BoP, current US$ | 27.97 million BoP, current US$ | 9.73 million BoP, current US$ | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher secondary income, other sectors, payments, Dominica or Faroe Islands?
- Dominica, at 30.53 million BoP, current US$ against 24.20 million BoP, current US$ in Faroe Islands as of 2025.
- What is the difference in secondary income, other sectors, payments between Dominica and Faroe Islands?
- 6.33 million BoP, current US$, with Dominica ahead.
- How many years of comparable data are there for Dominica and Faroe Islands?
- 14 years are reported by both, from 1998 to 2011.
- How do Dominica and Faroe Islands rank globally for secondary income, other sectors, payments?
- Dominica ranks 177th and Faroe Islands ranks 180th of 198 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Secondary income, other sectors, payments (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. 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.