Faeroe Islands - Workers' remittances and compensation of employees
Personal remittances, paid (current US$)
The value for Personal remittances, paid (current US$) in Faeroe Islands was 31,029,080 as of 2011. As the graph below shows, over the past 13 years this indicator reached a maximum value of 41,017,650 in 2008 and a minimum value of 5,110,000 in 2003.
Definition:
Source: World Bank staff estimates based on IMF balance of payments data.
See also:
| Year | Value |
|---|---|
| 1998 | 6,920,000 |
| 1999 | 6,150,000 |
| 2000 | 5,740,000 |
| 2001 | 13,410,000 |
| 2002 | 9,640,000 |
| 2003 | 5,110,000 |
| 2005 | 18,335,390 |
| 2006 | 23,417,700 |
| 2007 | 33,371,210 |
| 2008 | 41,017,650 |
| 2009 | 31,363,120 |
| 2010 | 31,029,080 |
| 2011 | 31,029,080 |
Personal remittances, received (current US$)
The value for Personal remittances, received (current US$) in Faeroe Islands was 146,392,800 as of 2011. As the graph below shows, over the past 13 years this indicator reached a maximum value of 146,393,000 in 2010 and a minimum value of 39,040,000 in 2001.
Definition:
Source: World Bank staff estimates based on IMF balance of payments data.
See also:
| Year | Value |
|---|---|
| 1998 | 48,480,000 |
| 1999 | 50,040,000 |
| 2000 | 42,970,000 |
| 2001 | 39,040,000 |
| 2002 | 39,750,000 |
| 2003 | 44,380,000 |
| 2005 | 80,282,000 |
| 2006 | 89,056,000 |
| 2007 | 109,178,000 |
| 2008 | 136,570,000 |
| 2009 | 138,741,000 |
| 2010 | 146,393,000 |
| 2011 | 146,392,800 |
Personal remittances, received (% of GDP)
Personal remittances, received (% of GDP) in Faeroe Islands was 6.31 as of 2009. Its highest value over the past 11 years was 6.31 in 2009, while its lowest value was 2.98 in 2003.
Definition:
Source: World Bank staff estimates based on IMF balance of payments data, and World Bank and OECD GDP estimates.
See also:
| Year | Value |
|---|---|
| 1998 | 4.38 |
| 1999 | 4.45 |
| 2000 | 4.04 |
| 2001 | 3.38 |
| 2002 | 3.13 |
| 2003 | 2.98 |
| 2005 | 4.64 |
| 2006 | 4.52 |
| 2007 | 4.79 |
| 2008 | 5.66 |
| 2009 | 6.31 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: Balance of payments
