Faroe Islands - Remittances Received 2003
$44.4M
+$4.6M from 2002
Faroe Islands's remittances received was $44.4M in 2003, increased +$4.6M from $39.8M in 2002. This was the 39th highest globally.
Global Ranking - 2003▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Aruba | $273,743 | -79.4% |
| 2nd | Mauritius | $573,714 | -9.5% |
| 3rd | Lao PDR | $765,769 | 5.0% |
| 4th | São Tomé and Principe | $1.8M | 128.4% |
| 5th | Maldives | $2.0M | 0.0% |
| 6th | Solomon Islands | $3.9M | 20.4% |
| 7th | Vanuatu | $4.0M | -2.5% |
| 8th | Seychelles | $4.9M | 145.2% |
| 9th | Tuvalu | $5.1M | -22.4% |
| 10th | Gabon | $6.0M | 110.4% |
| 11th | Papua New Guinea | $6.9M | 23.3% |
| 12th | Libya | $8.0M | 14.3% |
| 13th | Tanzania | $8.9M | -25.8% |
| 14th | Rwanda | $9.6M | 33.4% |
| 15th | Namibia | $11.8M | 56.1% |
| 16th | Chile | $11.8M | -4.8% |
| 17th | Congo, Republic of | $12.4M | 953.0% |
| 18th | Malawi | $13.9M | 1,549.0% |
| 19th | Dominica | $14.8M | 2.4% |
| 20th | Madagascar | $16.2M | -44.6% |
| 21st | Antigua and Barbuda | $16.4M | 15.0% |
| 22nd | St. Vincent and the Grenadines | $20.7M | 1.3% |
| 23rd | Guinea-Bissau | $23.1M | 31.2% |
| 24th | Suriname | $23.5M | 55.6% |
| 25th | Djibouti | $24.7M | 64.9% |
| 26th | St. Lucia | $25.1M | 2.2% |
| 27th | Grenada | $25.3M | 2.1% |
| 28th | Niger | $25.5M | 34.0% |
| 29th | Malta | $25.8M | 21.7% |
| 30th | Sierra Leone | $25.9M | 18.7% |
| 31st | St. Kitts and Nevis | $26.8M | 5.6% |
| 32nd | Botswana | $27.3M | 43.2% |
| 33rd | Cyprus | $31.8M | 54.0% |
| 34th | Comoros | $32.0M | 162.4% |
| 35th | Belize | $32.2M | 19.8% |
| 36th | Zambia | $36.3M | - |
| 37th | Oman | $39.0M | 0.0% |
| 38th | Kazakhstan | $42.2M | -62.1% |
| 39th | Faroe Islands | $44.4M | 11.6% |
| 40th | Samoa | $45.0M | 0.0% |
| 41st | Macao SAR, China | $47.7M | 2.4% |
| 42nd | Iceland | $49.0M | -24.4% |
| 43rd | Estonia | $51.2M | 167.4% |
| 44th | Burkina Faso | $53.7M | -8.5% |
| 45th | Gambia, The | $54.1M | 7,611.7% |
| 46th | Benin | $55.4M | -27.2% |
| 47th | Tonga | $58.6M | -5.8% |
| 48th | Uruguay | $61.8M | 71.3% |
| 49th | Ghana | $65.1M | 49.6% |
| 50th | Eswatini | $65.2M | 47.8% |
| 51st | Kenya | $65.8M | 15.2% |
| 52nd | Mozambique | $69.5M | 32.2% |
| 53rd | Kyrgyz Republic | $70.3M | 132.2% |
| 54th | Cameroon | $75.4M | 156.0% |
| 55th | Mongolia | $79.4M | 15.5% |
| 56th | Myanmar | $84.4M | -19.9% |
| 57th | Trinidad and Tobago | $86.8M | 9.7% |
| 58th | Guyana | $99.3M | 94.7% |
| 59th | Panama | $106.8M | 26.2% |
| 60th | Cabo Verde | $108.4M | 27.5% |
| 61st | Paraguay | $109.5M | 10.9% |
| 62nd | Guinea | $111.0M | 631.0% |
| 63rd | Lithuania | $114.8M | 5.1% |
| 64th | Hong Kong SAR, China | $119.7M | -0.7% |
| 65th | Fiji | $123.7M | 24.4% |
| 66th | Romania | $124.0M | -13.3% |
| 67th | Cambodia | $128.2M | 4.2% |
| 68th | Barbados | $130.5M | 4.3% |
| 69th | Côte d'Ivoire | $141.6M | 17.9% |
| 70th | Tajikistan | $146.0M | 85.9% |
| 71st | Togo | $148.7M | 44.1% |
| 72nd | Mali | $153.8M | 11.7% |
| 73rd | Azerbaijan | $156.0M | -4.5% |
| 74th | Latvia | $157.5M | 39.9% |
| 75th | Bolivia, Plurinational State of | $158.2M | 40.1% |
| 76th | Belarus | $164.1M | 103.6% |
| 77th | Israel | $171.2M | 2.8% |
| 78th | North Macedonia | $173.7M | 64.0% |
| 79th | Slovenia | $230.7M | 8.5% |
| 80th | Georgia | $248.5M | 9.8% |
| 81st | Argentina | $273.4M | 32.3% |
| 82nd | New Zealand | $290.4M | 24.9% |
| 83rd | Uganda | $298.8M | -32.4% |
| 84th | West Bank and Gaza | $310.1M | -59.8% |
| 85th | Costa Rica | $320.9M | 28.0% |
| 86th | Armenia | $335.9M | 27.3% |
| 87th | Ireland | $337.1M | 6.7% |
| 88th | Portugal | $384.0M | 24.3% |
| 89th | South Africa | $390.8M | 45.7% |
| 90th | Norway | $391.7M | 17.8% |
| 91st | Slovak Republic | $425.3M | 1,643.9% |
| 92nd | Nicaragua | $438.8M | 16.5% |
| 93rd | New Caledonia | $448.4M | 34.8% |
| 94th | Hungary | $467.0M | 5.3% |
| 95th | Moldova | $484.0M | 50.0% |
| 96th | Czechia | $493.7M | 48.4% |
| 97th | French Polynesia | $508.5M | 24.6% |
| 98th | Senegal | $512.1M | 47.9% |
| 99th | Finland | $526.4M | 10.3% |
| 100th | Lesotho | $556.9M | 43.3% |
| 101st | Malaysia | $571.1M | 31.3% |
| 102nd | Australia | $651.6M | 39.9% |
| 103rd | Canada | $672.3M | 5.8% |
| 104th | Türkiye | $729.0M | -62.3% |
| 105th | Nepal | $771.1M | 13.6% |
| 106th | Haiti | $811.0M | 20.0% |
| 107th | Japan | $811.1M | -28.0% |
| 108th | Honduras | $865.4M | 8.0% |
| 109th | Peru | $868.5M | 23.1% |
| 110th | Albania | $888.7M | 21.2% |
| 111th | Syrian Arab Republic | $889.0M | 558.5% |
| 112th | Spain | $900.3M | 20.8% |
| 113th | Denmark | $940.6M | 19.8% |
| 114th | Luxembourg | $1.0B | 26.5% |
| 115th | Nigeria | $1.1B | -12.1% |
| 116th | Russian Federation | $1.1B | 19.0% |
| 117th | Netherlands | $1.1B | 131.5% |
| 118th | Iran, Islamic Republic of | $1.2B | 38.4% |
| 119th | Sudan | $1.2B | 25.2% |
| 120th | Tunisia | $1.3B | 16.8% |
| 121st | Yemen, Republic of | $1.3B | -1.9% |
| 122nd | Croatia | $1.3B | 20.9% |
| 123rd | Sweden | $1.4B | 165.1% |
| 124th | Jamaica | $1.4B | 11.1% |
| 125th | Sri Lanka | $1.4B | 9.8% |
| 126th | Indonesia | $1.5B | 18.3% |
| 127th | Ukraine | $1.5B | 27.8% |
| 128th | Switzerland | $1.5B | 25.1% |
| 129th | Greece | $1.6B | -5.7% |
| 130th | Thailand | $1.6B | 16.5% |
| 131st | Ecuador | $1.6B | 13.6% |
| 132nd | Bulgaria | $1.7B | 46.0% |
| 133rd | Bosnia and Herzegovina | $1.7B | 16.2% |
| 134th | Algeria | $1.8B | 63.6% |
| 135th | Viet Nam | $2.1B | 18.6% |
| 136th | El Salvador | $2.1B | 8.6% |
| 137th | Guatemala | $2.1B | 34.2% |
| 138th | Jordan | $2.2B | 3.1% |
| 139th | Poland | $2.3B | 35.5% |
| 140th | Brazil | $2.3B | 14.1% |
| 141st | Dominican Republic | $2.3B | 6.0% |
| 142nd | Austria | $2.5B | 25.7% |
| 143rd | Egypt, Arab Republic of | $3.0B | 2.3% |
| 144th | Italy | $3.0B | 33.0% |
| 145th | Colombia | $3.1B | 24.0% |
| 146th | Bangladesh | $3.2B | 11.7% |
| 147th | Morocco | $3.6B | 25.6% |
| 148th | Pakistan | $4.0B | 11.5% |
| 149th | China | $4.6B | 96.6% |
| 150th | United States | $4.7B | 2.2% |
| 151st | Lebanon | $4.7B | 86.4% |
| 152nd | United Kingdom | $5.7B | 8.7% |
| 153rd | Germany | $5.7B | 23.5% |
| 154th | Belgium | $5.8B | 27.4% |
| 155th | Korea | $5.9B | 14.4% |
| 156th | Philippines | $10.2B | 5.2% |
| 157th | France | $12.2B | 15.4% |
| 158th | Mexico | $16.7B | 51.0% |
| 159th | India | $21.0B | 33.4% |
| 160th | European Union | $44.9B | 26.3% |
FAQ
What was Faroe Islands's remittances received in 2003?▾
Faroe Islands's remittances received in 2003 was $44.4M. This ranked 39th globally.
How did Faroe Islands's remittances received change in 2003?▾
Faroe Islands's remittances received increased by 11.6% in 2003 compared to 2002.
Which country had the highest remittances received in 2003?▾
European Union had the highest remittances received in 2003 at $44.9B.
What is the remittances received of Faroe Islands in 2003?▾
The remittances received of Faroe Islands in 2003 was $44.4M. This ranked 39th globally.
How does 2003 compare to 2002 for Faroe Islands's remittances received?▾
Faroe Islands's remittances received went from $39.8M in 2002 to $44.4M in 2003, a 11.6% increase.
Related
2002
2004
All years
Full ranking 2003
Exports
Imports
Trade Balance
Current Account Balance
FDI Inflows
Peak: 2011
Lowest: 2001
Remittances Received 1990s
Remittances Received 2000s
Remittances Received 2010s
Remittances Received 2020s
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vs Macao SAR, China
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