Faroe Islands - Net current transfers from abroad (current US$)

The latest value for Net current transfers from abroad (current US$) in Faroe Islands was $142,246,700 as of 2019. Over the past 21 years, the value for this indicator has fluctuated between $207,285,500 in 2007 and $94,797,780 in 2002.

Definition: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1998 $161,324,000
1999 $157,922,700
2000 $142,024,700
2001 $135,495,300
2002 $94,797,780
2003 $113,484,200
2004 $128,507,300
2005 $135,936,900
2006 $148,113,300
2007 $207,285,500
2008 $153,841,600
2009 $140,815,900
2010 $150,993,000
2011 $190,921,500
2012 $134,121,700
2013 $146,039,200
2014 $146,654,800
2015 $128,019,100
2016 $125,674,000
2017 $177,391,800
2018 $139,454,600
2019 $142,246,700

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts