Primary income receipts (BoP, current US$), gaps filled in Faroe Islands
Faroe Islands: Primary income receipts (BoP, current US$), gaps filled was 238.72 million BoP, current US$ in 2011. ▲ Rising
Primary income receipts (BoP, current US$), gaps filled in Faroe Islands, 1998–2011
Source: Statizoid (derived). Measured in BoP, current US$.
Analysis
Faroe Islands recorded 238.72 million BoP, current US$ for primary income receipts (bop, current us$), gaps filled in 2011. That is the highest value across all 14 years on record.
That represents a change of up 13.8% on the previous year and up 163.5% over ten years.
Over the whole period, primary income receipts (bop, current us$), gaps filled in Faroe Islands peaked at 238.72 million BoP, current US$ in 2011 and was at its lowest, 90.61 million BoP, current US$, in 2001.
That places Faroe Islands 135th out of 199 countries with data for 2011, putting it in the middle of the range.
The long-run direction has been consistently rising across the 14 years of available data.
Primary income receipts (BoP, current US$), gaps filled in Faroe Islands, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1998 | 112.06 million BoP, current US$ | — |
| 1999 | 113.53 million BoP, current US$ | +1.3% |
| 2000 | 101.50 million BoP, current US$ | -10.6% |
| 2001 | 90.61 million BoP, current US$ | -10.7% |
| 2002 | 91.97 million BoP, current US$ | +1.5% |
| 2003 | 106.30 million BoP, current US$ | +15.6% |
| 2004 | 104.42 million BoP, current US$ | -1.8% |
| 2005 | 145.80 million BoP, current US$ | +39.6% |
| 2006 | 179.93 million BoP, current US$ | +23.4% |
| 2007 | 223.76 million BoP, current US$ | +24.4% |
| 2008 | 232.03 million BoP, current US$ | +3.7% |
| 2009 | 159.23 million BoP, current US$ | -31.4% |
| 2010 | 209.75 million BoP, current US$ | +31.7% |
| 2011 | 238.72 million BoP, current US$ | +13.8% |
Faroe Islands compared with similar countries
- Faroe Islands's 238.72 million BoP, current US$ is below the median for high income countries, which is 11.49 billion BoP, current US$, 2% of the median. (72 countries reporting)
- Faroe Islands's 238.72 million BoP, current US$ is below the median for Europe & Central Asia, which is 7.30 billion BoP, current US$, 3% of the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 112.80 million BoP, current US$ | 112.06 million BoP, current US$ | 113.53 million BoP, current US$ | 2 |
| 2000s | 143.56 million BoP, current US$ | 90.61 million BoP, current US$ | 232.03 million BoP, current US$ | 10 |
| 2010s | 224.24 million BoP, current US$ | 209.75 million BoP, current US$ | 238.72 million BoP, current US$ | 2 |
Countries ranked near Faroe Islands
- 132 North Macedonia 268.05 million BoP, current US$ compare
- 133 Ecuador 262.24 million BoP, current US$ compare
- 134 Afghanistan 240.40 million BoP, current US$ compare
- 136 Botswana 238.31 million BoP, current US$ compare
- 137 Cameroon 228.85 million BoP, current US$ compare
- 138 Mauritania 212.33 million BoP, current US$ compare
More economy & growth data for Faroe Islands
- Exports of goods and services (current US$), per unit of GDP 0.5456 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), annual growth rate -7.73 % change on previous year (2024)
- Exports of goods and services (current LCU), per capita 279,001 current LCU per person (2024)
- Exports of goods and services (current LCU), per unit of GDP 3.76 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), annual growth rate -1.89 % change on previous year (2024)
- Exports of goods and services (current US$), per capita 40,467 current US$ per person (2024)
- Gross national expenditure (current LCU), per capita 494,217 current LCU per person (2024)
- Gross national expenditure (current LCU), annual growth rate 0.4583 % change on previous year (2024)
- Gross national expenditure (current LCU), per unit of GDP 6.66 current LCU per US$ of GDP (2024)
- Gross capital formation (current US$), per unit of GDP 0.2817 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is primary income receipts (bop, current us$), gaps filled in Faroe Islands?
- Primary income receipts (bop, current us$), gaps filled in Faroe Islands was 238.72 million BoP, current US$ in 2011, according to Statizoid (derived).
- What is the highest primary income receipts (bop, current us$), gaps filled recorded in Faroe Islands?
- The highest recorded value was 238.72 million BoP, current US$ in 2011.
- What is the lowest primary income receipts (bop, current us$), gaps filled recorded in Faroe Islands?
- The lowest recorded value was 90.61 million BoP, current US$ in 2001.
- How does Faroe Islands rank for primary income receipts (bop, current us$), gaps filled?
- Faroe Islands ranks 135th out of 199 countries with data for 2011.
- Is primary income receipts (bop, current us$), gaps filled rising or falling in Faroe Islands?
- Over the last ten years it is up 163.5%. The long-run trend across the full record is rising.
- Where does this Faroe Islands data come from?
- The figures come from Statizoid (derived), published as part of Primary income receipts (BoP, current US$), gaps filled. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Primary income receipts (BoP, current US$) with 56 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.
Computed from
- Primary income receipts Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Primary income receipts (BoP, current US$) with 56 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.