Faroe Islands - Private current transfers
Secondary income, other sectors, payments (BoP, current US$)
The latest value for Secondary income, other sectors, payments (BoP, current US$) in Faroe Islands was $24,200,250 as of 2011. Over the past 13 years, the value for this indicator has fluctuated between $31,748,100 in 2010 and $2,030,000 in 2000.
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 | $2,070,000 |
| 1999 | $2,190,000 |
| 2000 | $2,030,000 |
| 2001 | $3,670,000 |
| 2002 | $4,650,000 |
| 2003 | $4,840,000 |
| 2004 | $17,262,600 |
| 2005 | $16,858,730 |
| 2006 | $19,721,660 |
| 2007 | $23,957,800 |
| 2008 | $26,095,910 |
| 2009 | $24,536,970 |
| 2010 | $31,748,100 |
| 2011 | $24,200,250 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: Balance of payments
