Faroe Islands vs World: Secondary income receipts (BoP, current US$), annual growth rate

Faroe Islands
28.21 % change on previous year
in 2011
World
5.98 % change on previous year
in 2024
Faroe Islands rank
16th
World rank
16th

Secondary income receipts (BoP, current US$), annual growth rate over time

  • Faroe Islands
  • World
-2002040199820112024

How they compare

Faroe Islands currently reports 28.21 % change on previous year against 5.98 % change on previous year in World, a difference of 22.23 % change on previous year.

That makes Faroe Islands's figure about 4.7 times World's.

The two have swapped places 5 times across 13 shared years of data; in 1999 it was World ahead.

Faroe Islands ranks 16th and World ranks 16th of 198 countries.

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

Head to head by decade

Decade Faroe Islands World Difference Ahead
1990s -1.51 % change on previous year 26.79 % change on previous year 28.3 % change on previous year World
2000s 1.96 % change on previous year 11.08 % change on previous year 9.12 % change on previous year World
2010s 17.09 % change on previous year 9.5 % change on previous year 7.59 % change on previous year Faroe Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher secondary income receipts (bop, current us$), annual growth rate, Faroe Islands or World?
Faroe Islands, at 28.21 % change on previous year against 5.98 % change on previous year in World as of 2011.
What is the difference in secondary income receipts (bop, current us$), annual growth rate between Faroe Islands and World?
22.23 % change on previous year, with Faroe Islands ahead.
How many years of comparable data are there for Faroe Islands and World?
13 years are reported by both, from 1999 to 2011.
How do Faroe Islands and World rank globally for secondary income receipts (bop, current us$), annual growth rate?
Faroe Islands ranks 16th and World ranks 16th of 198 countries.
Where does this data come from?
Statizoid (derived), published as Secondary income receipts (BoP, current US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs World: Secondary income receipts (BoP, current US$), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 20 September 2026, from https://economy.statizoid.com/compare/secondary-income-receipts-bop-current-us-annual-growth-rate/faroe-islands/world/

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About this data

Indicator
Secondary income receipts (BoP, current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
245 places, 8,905 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Secondary income receipts (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.