Faroe Islands vs Guinea-Bissau: Secondary income receipts
Secondary income receipts over time
- Faroe Islands
- Guinea-Bissau
How they compare
Faroe Islands currently reports 231.36 million BoP, current US$ against 213.24 million BoP, current US$ in Guinea-Bissau, a difference of 18.11 million BoP, current US$.
That makes Faroe Islands's figure about 1.1 times Guinea-Bissau's.
Across all 11 years both countries report, Faroe Islands has been ahead every year.
Faroe Islands ranks 159th and Guinea-Bissau ranks 162nd of 199 countries.
Faroe Islands has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Faroe Islands | Guinea-Bissau | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 158.53 million BoP, current US$ | 36.76 million BoP, current US$ | 121.76 million BoP, current US$ | Faroe Islands |
| 2010s | 205.90 million BoP, current US$ | 70.67 million BoP, current US$ | 135.23 million BoP, current US$ | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher secondary income receipts, Faroe Islands or Guinea-Bissau?
- Faroe Islands, at 231.36 million BoP, current US$ against 213.24 million BoP, current US$ in Guinea-Bissau as of 2011.
- What is the difference in secondary income receipts between Faroe Islands and Guinea-Bissau?
- 18.11 million BoP, current US$, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Guinea-Bissau?
- 11 years are reported by both, from 2001 to 2011.
- How do Faroe Islands and Guinea-Bissau rank globally for secondary income receipts?
- Faroe Islands ranks 159th and Guinea-Bissau ranks 162nd of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Secondary income receipts (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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.