Faroe Islands - Net current transfers
Net secondary income (BoP, current US$)
The latest value for Net secondary income (BoP, current US$) in Faroe Islands was $202,955,100 as of 2011. Over the past 13 years, the value for this indicator has fluctuated between $202,955,100 in 2011 and $102,090,000 in 2002.
Definition: 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. Data are in current U.S. dollars.
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
See also:
| Year | Value |
|---|---|
| 1998 | $165,960,000 |
| 1999 | $163,110,000 |
| 2000 | $145,930,000 |
| 2001 | $142,650,000 |
| 2002 | $102,090,000 |
| 2003 | $122,590,000 |
| 2004 | $128,501,100 |
| 2005 | $132,131,800 |
| 2006 | $141,393,700 |
| 2007 | $201,588,300 |
| 2008 | $149,485,700 |
| 2009 | $142,797,600 |
| 2010 | $146,058,400 |
| 2011 | $202,955,100 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: Balance of payments
