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Faroe Islands - Remittances Received 2004

Name: Faroe Islands Remittances Received 2004
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Personal remittances received · World Bank

$49.2M +$4.8M from 2003 Global rank: 38th

Faroe Islands's remittances received was $49.2M in 2004, increased +$4.8M from $44.4M in 2003. This was the 38th highest globally.

Global Ranking - 2004▾

Remittances Received by Country - 2004
Rank	Country	Value	YoY
1st	Burundi	$41,784	-
2nd	Mauritius	$729,710	27.2%
3rd	Lao PDR	$804,057	5.0%
4th	Samoa	$897,780	-98.0%
5th	São Tomé and Principe	$1.1M	-39.6%
6th	Aruba	$1.5M	432.7%
7th	Maldives	$2.9M	44.1%
8th	Tuvalu	$4.9M	-4.3%
9th	Vanuatu	$4.9M	23.4%
10th	Seychelles	$6.8M	40.2%
11th	Gabon	$6.9M	14.4%
12th	Solomon Islands	$8.7M	124.1%
13th	Suriname	$9.1M	-61.3%
14th	Papua New Guinea	$9.5M	37.4%
15th	Rwanda	$9.8M	2.0%
16th	Libya	$10.0M	25.0%
17th	Madagascar	$11.5M	-29.1%
18th	Chile	$11.6M	-1.7%
19th	Tanzania	$13.8M	55.0%
20th	Namibia	$14.6M	23.8%
21st	Congo, Republic of	$15.0M	20.7%
22nd	Antigua and Barbuda	$17.6M	7.5%
23rd	Malawi	$18.3M	31.7%
24th	Dominica	$20.0M	35.3%
25th	St. Vincent and the Grenadines	$21.4M	3.6%
26th	Sierra Leone	$24.7M	-4.5%
27th	Djibouti	$24.7M	0.3%
28th	St. Lucia	$26.3M	4.8%
29th	Guinea-Bissau	$27.7M	19.8%
30th	St. Kitts and Nevis	$28.4M	6.1%
31st	Belize	$33.7M	4.7%
32nd	Oman	$39.0M	0.0%
33rd	Guinea	$41.6M	-62.5%
34th	Burkina Faso	$44.4M	-17.4%
35th	Grenada	$48.1M	90.3%
36th	Zambia	$48.4M	33.3%
37th	Comoros	$48.7M	52.0%
38th	Faroe Islands	$49.2M	10.9%
39th	Macao SAR, China	$53.3M	11.7%
40th	Kazakhstan	$57.4M	36.0%
41st	Mozambique	$57.5M	-17.2%
42nd	Liberia	$58.4M	-
43rd	Niger	$59.8M	134.2%
44th	Gambia, The	$60.7M	12.4%
45th	Iceland	$61.0M	24.5%
46th	Benin	$63.1M	13.9%
47th	Tonga	$65.4M	11.7%
48th	Uruguay	$69.9M	13.2%
49th	Cyprus	$77.4M	143.3%
50th	Botswana	$78.7M	188.0%
51st	Ghana	$82.4M	26.5%
52nd	Eswatini	$82.8M	26.9%
53rd	Trinidad and Tobago	$86.9M	0.1%
54th	Cameroon	$103.4M	37.1%
55th	Panama	$108.9M	2.0%
56th	Cabo Verde	$113.4M	4.6%
57th	Myanmar	$116.6M	38.1%
58th	Barbados	$130.5M	0.0%
59th	Romania	$131.0M	5.6%
60th	Paraguay	$132.0M	20.5%
61st	Cambodia	$147.4M	15.0%
62nd	Guyana	$153.0M	54.1%
63rd	Mali	$155.5M	1.1%
64th	Côte d'Ivoire	$159.2M	12.4%
65th	Estonia	$166.9M	225.9%
66th	Fiji	$172.6M	39.6%
67th	Togo	$179.0M	20.4%
68th	Kyrgyz Republic	$179.1M	154.6%
69th	Mongolia	$202.5M	155.2%
70th	Azerbaijan	$203.6M	30.5%
71st	Bolivia, Plurinational State of	$210.6M	33.1%
72nd	North Macedonia	$213.0M	22.7%
73rd	Latvia	$218.6M	38.8%
74th	Belarus	$239.4M	45.9%
75th	Hong Kong SAR, China	$239.9M	100.4%
76th	Tajikistan	$252.0M	72.6%
77th	Slovenia	$260.9M	13.1%
78th	Israel	$297.7M	73.9%
79th	Uganda	$310.5M	3.9%
80th	Argentina	$311.8M	14.0%
81st	Malta	$319.2M	1,137.5%
82nd	Costa Rica	$319.5M	-0.4%
83rd	New Zealand	$322.3M	11.0%
84th	Georgia	$358.6M	44.3%
85th	Kenya	$375.8M	470.7%
86th	Portugal	$385.2M	0.3%
87th	West Bank and Gaza	$398.6M	28.5%
88th	Ireland	$413.9M	22.8%
89th	Norway	$465.0M	18.7%
90th	South Africa	$468.1M	19.8%
91st	New Caledonia	$492.7M	9.9%
92nd	Nicaragua	$518.8M	18.2%
93rd	Lithuania	$577.5M	402.9%
94th	French Polynesia	$598.4M	17.7%
95th	Kosovo	$621.9M	-
96th	Lesotho	$627.2M	12.6%
97th	Hungary	$632.6M	35.5%
98th	Senegal	$634.0M	23.8%
99th	Finland	$666.9M	26.7%
100th	Moldova	$701.4M	44.9%
101st	Slovak Republic	$702.8M	65.2%
102nd	Japan	$773.6M	-4.6%
103rd	Armenia	$787.5M	134.5%
104th	Malaysia	$801.9M	40.4%
105th	Türkiye	$804.0M	10.3%
106th	Nepal	$822.6M	6.7%
107th	Australia	$824.7M	26.6%
108th	Canada	$827.7M	23.1%
109th	Syrian Arab Republic	$855.0M	-3.8%
110th	Haiti	$931.5M	14.9%
111th	Spain	$1.0B	12.3%
112th	Iran, Islamic Republic of	$1.0B	-12.4%
113th	Denmark	$1.1B	14.3%
114th	Peru	$1.1B	30.4%
115th	Albania	$1.2B	30.6%
116th	Honduras	$1.2B	35.1%
117th	Luxembourg	$1.2B	12.5%
118th	Czechia	$1.2B	147.5%
119th	Greece	$1.2B	-20.6%
120th	Yemen, Republic of	$1.3B	1.0%
121st	Netherlands	$1.3B	15.8%
122nd	Sudan	$1.4B	14.7%
123rd	Tunisia	$1.4B	14.5%
124th	Croatia	$1.6B	17.7%
125th	Sri Lanka	$1.6B	10.6%
126th	Sweden	$1.6B	17.6%
127th	Jamaica	$1.6B	16.1%
128th	Thailand	$1.6B	0.9%
129th	Switzerland	$1.7B	10.6%
130th	Bulgaria	$1.7B	0.2%
131st	Ecuador	$1.8B	12.5%
132nd	Indonesia	$1.9B	25.4%
133rd	Ukraine	$1.9B	23.0%
134th	Bosnia and Herzegovina	$2.1B	18.1%
135th	Russian Federation	$2.2B	98.1%
136th	Nigeria	$2.3B	113.8%
137th	Jordan	$2.3B	3.9%
138th	Viet Nam	$2.3B	10.0%
139th	Algeria	$2.5B	40.6%
140th	Dominican Republic	$2.5B	7.6%
141st	Austria	$2.5B	1.0%
142nd	El Salvador	$2.6B	20.8%
143rd	Guatemala	$2.6B	22.4%
144th	Brazil	$2.8B	23.0%
145th	Colombia	$3.2B	3.7%
146th	Egypt, Arab Republic of	$3.3B	12.8%
147th	Bangladesh	$3.6B	12.3%
148th	Italy	$3.7B	22.0%
149th	Pakistan	$3.9B	-0.5%
150th	Morocco	$4.2B	16.8%
151st	Poland	$4.7B	106.8%
152nd	United States	$4.7B	1.3%
153rd	Lebanon	$5.6B	17.9%
154th	Korea	$5.9B	1.0%
155th	United Kingdom	$5.9B	4.4%
156th	Germany	$6.5B	13.3%
157th	Belgium	$6.6B	13.6%
158th	China	$6.6B	43.6%
159th	Philippines	$11.5B	12.0%
160th	France	$13.3B	9.1%
161st	India	$18.8B	-10.7%
162nd	Mexico	$19.9B	19.3%
163rd	European Union	$53.8B	19.8%

FAQ

What was Faroe Islands's remittances received in 2004?▾

Faroe Islands's remittances received in 2004 was $49.2M. This ranked 38th globally.

How did Faroe Islands's remittances received change in 2004?▾

Faroe Islands's remittances received increased by 10.9% in 2004 compared to 2003.

Which country had the highest remittances received in 2004?▾

European Union had the highest remittances received in 2004 at $53.8B.

What is the remittances received of Faroe Islands in 2004?▾

The remittances received of Faroe Islands in 2004 was $49.2M. This ranked 38th globally.

How does 2004 compare to 2003 for Faroe Islands's remittances received?▾

Faroe Islands's remittances received went from $44.4M in 2003 to $49.2M in 2004, a 10.9% increase.

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