Faroe Islands - Current transfers

Secondary income receipts (BoP, current US$)

The latest value for Secondary income receipts (BoP, current US$) in Faroe Islands was $231,356,200 as of 2011. Over the past 13 years, the value for this indicator has fluctuated between $231,356,200 in 2011 and $109,160,000 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 $168,380,000
1999 $165,830,000
2000 $148,250,000
2001 $146,860,000
2002 $109,160,000
2003 $128,210,000
2004 $151,602,800
2005 $150,873,400
2006 $163,066,200
2007 $228,182,500
2008 $178,511,600
2009 $170,293,600
2010 $180,447,900
2011 $231,356,200

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments