Secondary income, Debit/Expenditure in Faroe Islands

Faroe Islands: Secondary income, Debit/Expenditure was 28.40 million in 2011. ▲ Rising

Latest (2011)
28.40 million
Change on year
down 17.4%
World rank
183rd
of 198 countries
All-time high
34.39 million
in 2010
All-time low
18.74 million
in 2005
Years of data
7
2005–2011

Secondary income, Debit/Expenditure in Faroe Islands, 2005–2011

010.0M20.0M30.0M2005200820112005: 18.7M2006: 21.7M2007: 26.6M2008: 29.0M2009: 27.5M2010: 34.4M2011: 28.4M

Source: International Monetary Fund.

Analysis

The most recent figure for secondary income, debit/expenditure in Faroe Islands is 28.40 million, measured in 2011.

The figure is down 17.4% on the previous year and up 51.5% over ten years.

Faroe Islands ranks 183rd of 198 countries on this measure, in the bottom quarter.

Secondary income, Debit/Expenditure in Faroe Islands, year by year

Annual values for Secondary income, Debit/Expenditure (US dollar) in Faroe Islands, 2005 to 2011.
Year Value Change
2005 18.74 million
2006 21.67 million +15.6%
2007 26.59 million +22.7%
2008 29.03 million +9.1%
2009 27.50 million -5.3%
2010 34.39 million +25.1%
2011 28.40 million -17.4%

Averages by decade

DecadeAverage LowestHighest Years
2000s 24.71 million 18.74 million 29.03 million 5
2010s 31.40 million 28.40 million 34.39 million 2

Countries ranked near Faroe Islands

  1. 180 Tonga 39.79 million compare
  2. 181 Dominica 34.37 million compare
  3. 182 Naoero 28.79 million
  4. 184 Lesotho 26.63 million compare
  5. 185 Anguilla 25.32 million compare
  6. 186 Vanuatu 24.53 million compare

See the full ranking of 207 places →

More trade data for Faroe Islands

All data for Faroe Islands →

Frequently asked questions

What is secondary income, debit/expenditure in Faroe Islands?
Secondary income, debit/expenditure in Faroe Islands was 28.40 million in 2011, according to International Monetary Fund.
What is the highest secondary income, debit/expenditure recorded in Faroe Islands?
The highest recorded value was 34.39 million in 2010.
What is the lowest secondary income, debit/expenditure recorded in Faroe Islands?
The lowest recorded value was 18.74 million in 2005.
How does Faroe Islands rank for secondary income, debit/expenditure?
Faroe Islands ranks 183rd out of 198 countries with data for 2011.
Is secondary income, debit/expenditure rising or falling in Faroe Islands?
Over the last ten years it is up 51.5%. The long-run trend across the full record is rising.
Where does this Faroe Islands data come from?
The figures come from International Monetary Fund, published as part of Secondary income, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.

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Secondary income, Debit/Expenditure in Faroe Islands. Statizoid, drawing on International Monetary Fund. Retrieved 22 August 2026, from https://trade.statizoid.com/stat/secondary-income-debit-expenditure-us-dollar/faroe-islands/

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About this data

Indicator
Secondary income, Debit/Expenditure (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
207 places, 3,850 data points, 2005–2024
Last refreshed

The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.