Statizoid

Bermuda vs Faroe Islands: Secondary income receipts

Bermuda
271.84 million BoP, current US$
in 2023
Faroe Islands
231.36 million BoP, current US$
in 2011
Bermuda rank
155th
Faroe Islands rank
158th

Secondary income receipts over time

  • Bermuda
  • Faroe Islands
50.0M100.0M150.0M200.0M250.0M199820102023

How they compare

Bermuda currently reports 271.84 million BoP, current US$ against 231.36 million BoP, current US$ in Faroe Islands, a difference of 40.48 million BoP, current US$.

That makes Bermuda's figure about 1.2 times Faroe Islands's.

Across all 6 years both countries report, Faroe Islands has been ahead every year.

Globally, Bermuda ranks 155th and Faroe Islands ranks 158th of 198 countries.

Individual pages

About this data

Indicator
Secondary income receipts (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
245 places, 9,196 data points, 1960–2025
Last refreshed

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. 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.