Faroe Islands - Net income from abroad
Net income from abroad (current US$)
The latest value for Net income from abroad (current US$) in Faroe Islands was $93,591,620 as of 2019. Over the past 21 years, the value for this indicator has fluctuated between $146,893,900 in 2013 and ($51,875,620) in 2009.
Definition: Net income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in current U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1998 | $34,264,560 |
| 1999 | $42,817,010 |
| 2000 | $40,962,010 |
| 2001 | $30,638,730 |
| 2002 | $40,026,850 |
| 2003 | $54,905,350 |
| 2004 | $65,814,290 |
| 2005 | $60,864,780 |
| 2006 | $67,380,780 |
| 2007 | $68,795,120 |
| 2008 | $15,437,120 |
| 2009 | ($51,875,620) |
| 2010 | $30,262,620 |
| 2011 | $135,228,300 |
| 2012 | $126,232,200 |
| 2013 | $146,893,900 |
| 2014 | $104,890,900 |
| 2015 | $69,665,130 |
| 2016 | $102,648,700 |
| 2017 | $100,153,000 |
| 2018 | $91,011,300 |
| 2019 | $93,591,620 |
Net income from abroad (current LCU)
The value for Net income from abroad (current LCU) in Faroe Islands was 624,200,000 as of 2019. As the graph below shows, over the past 21 years this indicator reached a maximum value of 825,000,000 in 2013 and a minimum value of -278,100,000 in 2009.
Definition: Net income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1998 | 229,600,000 |
| 1999 | 298,700,000 |
| 2000 | 331,100,000 |
| 2001 | 255,000,000 |
| 2002 | 316,000,000 |
| 2003 | 361,700,000 |
| 2004 | 394,300,000 |
| 2005 | 365,000,000 |
| 2006 | 400,700,000 |
| 2007 | 374,500,000 |
| 2008 | 78,700,000 |
| 2009 | -278,100,000 |
| 2010 | 170,200,000 |
| 2011 | 726,000,000 |
| 2012 | 731,200,000 |
| 2013 | 825,000,000 |
| 2014 | 588,700,000 |
| 2015 | 468,700,000 |
| 2016 | 691,000,000 |
| 2017 | 661,300,000 |
| 2018 | 574,700,000 |
| 2019 | 624,200,000 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
