How does Faroe Islands rank for secondary income receipts (bop, current us$), per unit of gdp?

Faroe Islands ranks 57th out of 198 countries with data for 2011.

Is secondary income receipts (bop, current us$), per unit of gdp rising or falling in Faroe Islands?

Over the last ten years it is down 27.1%. The long-run trend across the full record is falling.

Secondary income receipts (BoP, current US$), per unit of GDP in Faroe Islands

Name: Secondary income receipts (BoP, current US$), per unit of GDP in Faroe Islands
Creator: Statizoid (derived)
License: Derived by Statizoid from the sources named on the page

Faroe Islands: Secondary income receipts (BoP, current US$), per unit of GDP was 0.0923 BoP, current US$ per US$ of GDP in 2011. ▼ Falling

Latest (2011)

0.0923 BoP, current US$ per US$ of GDP

Change on year

up 19.3%

World rank

57th

of 198 countries

All-time high

0.1524 BoP, current US$ per US$ of GDP

in 1998

All-time low

0.0717 BoP, current US$ per US$ of GDP

in 2008

Years of data

1998–2011

Secondary income receipts (BoP, current US$), per unit of GDP in Faroe Islands, 1998–2011

Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.

Analysis

The most recent figure for secondary income receipts (bop, current us$), per unit of gdp in Faroe Islands is 0.0923 BoP, current US$ per US$ of GDP, measured in 2011.

The figure is up 19.3% on the previous year and down 27.1% over ten years.

Over the whole period, secondary income receipts (bop, current us$), per unit of gdp in Faroe Islands peaked at 0.1524 BoP, current US$ per US$ of GDP in 1998 and was at its lowest, 0.0717 BoP, current US$ per US$ of GDP, in 2008.

Faroe Islands ranks 57th of 198 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 14 years of available data.

Secondary income receipts (BoP, current US$), per unit of GDP in Faroe Islands, year by year

Annual values for Secondary income receipts (BoP, current US$), per unit of GDP in Faroe Islands, 1998 to 2011.
Year	BoP, current US$ per US$ of GDP	Change
1998	0.1524 BoP, current US$ per US$ of GDP	—
1999	0.1471 BoP, current US$ per US$ of GDP	-3.5%
2000	0.1389 BoP, current US$ per US$ of GDP	-5.5%
2001	0.1266 BoP, current US$ per US$ of GDP	-8.9%
2002	0.0856 BoP, current US$ per US$ of GDP	-32.4%
2003	0.0854 BoP, current US$ per US$ of GDP	-0.3%
2004	0.0879 BoP, current US$ per US$ of GDP	+3.0%
2005	0.0857 BoP, current US$ per US$ of GDP	-2.5%
2006	0.0808 BoP, current US$ per US$ of GDP	-5.7%
2007	0.0976 BoP, current US$ per US$ of GDP	+20.7%
2008	0.0717 BoP, current US$ per US$ of GDP	-26.5%
2009	0.0742 BoP, current US$ per US$ of GDP	+3.4%
2010	0.0774 BoP, current US$ per US$ of GDP	+4.3%
2011	0.0923 BoP, current US$ per US$ of GDP	+19.3%

Averages by decade

Decade	Average	Lowest	Highest	Years
1990s	0.1497 BoP, current US$ per US$ of GDP	0.1471 BoP, current US$ per US$ of GDP	0.1524 BoP, current US$ per US$ of GDP	2
2000s	0.0934 BoP, current US$ per US$ of GDP	0.0717 BoP, current US$ per US$ of GDP	0.1389 BoP, current US$ per US$ of GDP	10
2010s	0.0849 BoP, current US$ per US$ of GDP	0.0774 BoP, current US$ per US$ of GDP	0.0923 BoP, current US$ per US$ of GDP	2

Countries ranked near Faroe Islands

54 Guinea-Bissau 0.097 BoP, current US$ per US$ of GDP compare
55 Georgia 0.0964 BoP, current US$ per US$ of GDP compare
56 Togo 0.0949 BoP, current US$ per US$ of GDP compare
58 Morocco 0.0847 BoP, current US$ per US$ of GDP compare
59 Serbia 0.0846 BoP, current US$ per US$ of GDP compare
60 Zimbabwe 0.0844 BoP, current US$ per US$ of GDP compare

See the full ranking of 245 places →

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)

All data for Faroe Islands →

Frequently asked questions

What is secondary income receipts (bop, current us$), per unit of gdp in Faroe Islands?: Secondary income receipts (bop, current us$), per unit of gdp in Faroe Islands was 0.0923 BoP, current US$ per US$ of GDP in 2011, according to Statizoid (derived).
What is the highest secondary income receipts (bop, current us$), per unit of gdp recorded in Faroe Islands?: The highest recorded value was 0.1524 BoP, current US$ per US$ of GDP in 1998.
What is the lowest secondary income receipts (bop, current us$), per unit of gdp recorded in Faroe Islands?: The lowest recorded value was 0.0717 BoP, current US$ per US$ of GDP in 2008.
How does Faroe Islands rank for secondary income receipts (bop, current us$), per unit of gdp?: Faroe Islands ranks 57th out of 198 countries with data for 2011.
Is secondary income receipts (bop, current us$), per unit of gdp rising or falling in Faroe Islands?: Over the last ten years it is down 27.1%. The long-run trend across the full record is falling.
Where does this Faroe Islands data come from?: The figures come from Statizoid (derived), published as part of Secondary income receipts (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 14 observations, free to reuse under Derived by Statizoid from the sources named on the page.

Share, cite or embed this page

Cite this page

Secondary income receipts (BoP, current US$), per unit of GDP in Faroe Islands. Statizoid, drawing on Statizoid (derived). Retrieved 20 September 2026, from https://economy.statizoid.com/stat/secondary-income-receipts-bop-current-us-per-unit-of-gdp/faroe-islands/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under Derived by Statizoid from the sources named on the page; please keep the attribution.

<a href="https://economy.statizoid.com/stat/secondary-income-receipts-bop-current-us-per-unit-of-gdp/faroe-islands/">Secondary income receipts (BoP, current US$), per unit of GDP in Faroe Islands</a> — Statizoid

How this figure is calculated

Secondary income receipts (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Secondary income receipts (BoP, current US$) ÷ GDP (current US$)

Computed from

Secondary income receipts Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
GDP Country official statistics, National Statistical Organizations and/or Central Banks

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

Indicator: Secondary income receipts (BoP, current US$), per unit of GDP
Unit: BoP, current US$ per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 245 places, 9,154 data points, 1960–2025
Last refreshed: 20 September 2026

Secondary income receipts (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.