Benin vs Faroe Islands: Net secondary income

Benin
258.86 million BoP, current US$
in 2023
Faroe Islands
202.96 million BoP, current US$
in 2011
Benin rank
104th
Faroe Islands rank
106th

Net secondary income over time

  • Benin
  • Faroe Islands
0100.0M200.0M300.0M197419982023

How they compare

Benin currently reports 258.86 million BoP, current US$ against 202.96 million BoP, current US$ in Faroe Islands, a difference of 55.90 million BoP, current US$.

That makes Benin's figure about 1.3 times Faroe Islands's.

The two have swapped places 4 times across 14 shared years of data; in 1998 it was Faroe Islands ahead.

Globally, Benin ranks 104th and Faroe Islands ranks 106th of 199 countries.

Individual pages

About this data

Indicator
Net secondary income (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
200 places, 7,778 data points, 1960–2025
Last refreshed

Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.