Bermuda vs Faroe Islands: Secondary income receipts
Secondary income receipts over time
- Bermuda
- Faroe Islands
How they compare
Bermuda currently reports 271.84 million BoP, current US$ against 231.36 million BoP, current US$ in Faroe Islands, a difference of 40.48 million BoP, current US$.
That makes Bermuda's figure about 1.2 times Faroe Islands's.
Across all 6 years both countries report, Faroe Islands has been ahead every year.
Bermuda ranks 155th and Faroe Islands ranks 158th of 198 countries.
Faroe Islands has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Bermuda | Faroe Islands | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 98.26 million BoP, current US$ | 185.01 million BoP, current US$ | 86.75 million BoP, current US$ | Faroe Islands |
| 2010s | 83.42 million BoP, current US$ | 205.90 million BoP, current US$ | 122.48 million BoP, current US$ | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher secondary income receipts, Bermuda or Faroe Islands?
- Bermuda, at 271.84 million BoP, current US$ against 231.36 million BoP, current US$ in Faroe Islands as of 2023.
- What is the difference in secondary income receipts between Bermuda and Faroe Islands?
- 40.48 million BoP, current US$, with Bermuda ahead.
- How many years of comparable data are there for Bermuda and Faroe Islands?
- 6 years are reported by both, from 2006 to 2011.
- How do Bermuda and Faroe Islands rank globally for secondary income receipts?
- Bermuda ranks 155th and Faroe Islands ranks 158th of 198 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Secondary income receipts (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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.