Faroe Islands - Remittances Received 2005
$80.3M
+$31.1M from 2004
Faroe Islands's remittances received was $80.3M in 2005, increased +$31.1M from $49.2M in 2004. This was the 47th highest globally.
Global Ranking - 2005▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Burundi | $71,562 | 71.3% |
| 2nd | Mauritius | $609,194 | -16.5% |
| 3rd | Aruba | $819,846 | -43.8% |
| 4th | Lao PDR | $830,000 | 3.2% |
| 5th | Palau | $1.5M | - |
| 6th | São Tomé and Principe | $1.5M | 36.4% |
| 7th | Maldives | $2.3M | -22.2% |
| 8th | Sierra Leone | $2.4M | -90.1% |
| 9th | Suriname | $3.9M | -57.1% |
| 10th | Tuvalu | $4.9M | 1.5% |
| 11th | Vanuatu | $5.1M | 3.4% |
| 12th | Papua New Guinea | $6.8M | -28.1% |
| 13th | Solomon Islands | $7.2M | -17.6% |
| 14th | Congo, Democratic Republic of | $8.9M | - |
| 15th | Gabon | $11.0M | 60.9% |
| 16th | Congo, Republic of | $11.4M | -23.9% |
| 17th | Seychelles | $12.1M | 77.7% |
| 18th | St. Kitts and Nevis | $14.1M | -50.3% |
| 19th | Libya | $15.0M | 50.0% |
| 20th | Namibia | $17.5M | 19.9% |
| 21st | Tanzania | $19.4M | 40.4% |
| 22nd | Guinea-Bissau | $19.9M | -28.2% |
| 23rd | Malawi | $22.5M | 23.0% |
| 24th | Marshall Islands | $23.7M | - |
| 25th | Djibouti | $25.8M | 4.5% |
| 26th | Antigua and Barbuda | $29.0M | 64.9% |
| 27th | St. Lucia | $29.1M | 10.7% |
| 28th | Liberia | $31.9M | -45.5% |
| 29th | Grenada | $34.1M | -29.1% |
| 30th | Oman | $39.0M | 0.0% |
| 31st | St. Vincent and the Grenadines | $39.3M | 83.3% |
| 32nd | Guinea | $41.6M | -0.2% |
| 33rd | Dominica | $43.1M | 115.3% |
| 34th | Belize | $44.7M | 32.8% |
| 35th | Zambia | $52.9M | 9.2% |
| 36th | Macao SAR, China | $53.2M | -0.3% |
| 37th | Comoros | $54.1M | 11.0% |
| 38th | Burkina Faso | $56.7M | 27.6% |
| 39th | Mozambique | $58.9M | 2.4% |
| 40th | Gambia, The | $59.3M | -2.4% |
| 41st | Kazakhstan | $62.0M | 8.1% |
| 42nd | Niger | $66.4M | 11.0% |
| 43rd | Iceland | $67.0M | 9.9% |
| 44th | Tonga | $69.0M | 5.4% |
| 45th | Uruguay | $76.7M | 9.8% |
| 46th | Cameroon | $77.0M | -25.5% |
| 47th | Faroe Islands | $80.3M | 63.1% |
| 48th | Samoa | $81.6M | 8,989.4% |
| 49th | Trinidad and Tobago | $92.4M | 6.3% |
| 50th | Saudi Arabia | $93.9M | - |
| 51st | Barbados | $94.5M | -27.6% |
| 52nd | Eswatini | $95.4M | 15.2% |
| 53rd | Ghana | $99.2M | 20.4% |
| 54th | Madagascar | $101.7M | 783.6% |
| 55th | Cyprus | $104.8M | 35.4% |
| 56th | Botswana | $117.7M | 49.7% |
| 57th | Myanmar | $129.5M | 11.1% |
| 58th | Panama | $129.6M | 19.0% |
| 59th | Cabo Verde | $136.7M | 20.5% |
| 60th | Benin | $146.9M | 132.8% |
| 61st | Paraguay | $161.3M | 22.2% |
| 62nd | Côte d'Ivoire | $163.2M | 2.5% |
| 63rd | Cambodia | $163.7M | 11.1% |
| 64th | Algeria | $170.0M | -93.1% |
| 65th | Mongolia | $176.9M | -12.6% |
| 66th | Mali | $177.3M | 14.0% |
| 67th | Togo | $192.6M | 7.6% |
| 68th | Belarus | $198.6M | -17.0% |
| 69th | Guyana | $201.3M | 31.6% |
| 70th | Fiji | $203.3M | 17.8% |
| 71st | Malta | $222.1M | -30.4% |
| 72nd | North Macedonia | $226.6M | 6.4% |
| 73rd | Estonia | $254.6M | 52.6% |
| 74th | Slovenia | $261.1M | 0.1% |
| 75th | Hong Kong SAR, China | $296.8M | 23.7% |
| 76th | Kyrgyz Republic | $313.3M | 74.9% |
| 77th | Uganda | $321.8M | 3.6% |
| 78th | Bolivia, Plurinational State of | $337.0M | 60.1% |
| 79th | New Zealand | $352.0M | 9.2% |
| 80th | Israel | $376.9M | 26.6% |
| 81st | West Bank and Gaza | $378.3M | -5.1% |
| 82nd | Latvia | $379.1M | 73.4% |
| 83rd | Portugal | $386.6M | 0.4% |
| 84th | Costa Rica | $420.3M | 31.5% |
| 85th | Kenya | $425.0M | 13.1% |
| 86th | Argentina | $432.1M | 38.6% |
| 87th | Georgia | $446.0M | 24.4% |
| 88th | Norway | $505.3M | 8.7% |
| 89th | New Caledonia | $512.2M | 4.0% |
| 90th | Ireland | $512.3M | 23.8% |
| 91st | French Polynesia | $557.3M | -6.9% |
| 92nd | Tajikistan | $564.4M | 124.0% |
| 93rd | Lesotho | $599.4M | -4.4% |
| 94th | South Africa | $613.6M | 31.1% |
| 95th | Nicaragua | $615.7M | 18.7% |
| 96th | Azerbaijan | $623.2M | 206.1% |
| 97th | Denmark | $666.1M | -38.1% |
| 98th | Finland | $692.3M | 3.8% |
| 99th | Kosovo | $701.6M | 12.8% |
| 100th | Sudan | $703.8M | -49.8% |
| 101st | Iraq | $711.1M | - |
| 102nd | Hungary | $731.5M | 15.6% |
| 103rd | Lithuania | $745.3M | 29.1% |
| 104th | Senegal | $789.1M | 24.5% |
| 105th | Syrian Arab Republic | $823.0M | -3.7% |
| 106th | Japan | $905.0M | 17.0% |
| 107th | Moldova | $915.1M | 30.5% |
| 108th | Armenia | $915.2M | 16.2% |
| 109th | Canada | $933.7M | 12.8% |
| 110th | Australia | $940.4M | 14.0% |
| 111th | Romania | $951.8M | 626.6% |
| 112th | Haiti | $986.2M | 5.9% |
| 113th | Uzbekistan | $1.0B | - |
| 114th | Malaysia | $1.1B | 39.3% |
| 115th | Spain | $1.1B | 12.3% |
| 116th | Thailand | $1.2B | -26.8% |
| 117th | Luxembourg | $1.2B | 0.9% |
| 118th | Slovak Republic | $1.2B | 72.3% |
| 119th | Nepal | $1.2B | 47.3% |
| 120th | Greece | $1.2B | -1.9% |
| 121st | Netherlands | $1.3B | -3.0% |
| 122nd | Yemen, Republic of | $1.3B | 0.0% |
| 123rd | Albania | $1.3B | 11.1% |
| 124th | Czechia | $1.3B | 9.7% |
| 125th | Türkiye | $1.4B | 70.1% |
| 126th | Tunisia | $1.4B | -2.7% |
| 127th | Peru | $1.4B | 27.1% |
| 128th | Bulgaria | $1.6B | -6.4% |
| 129th | Jamaica | $1.8B | 10.0% |
| 130th | Honduras | $1.8B | 54.4% |
| 131st | Sweden | $1.8B | 13.5% |
| 132nd | Croatia | $1.9B | 20.5% |
| 133rd | Sri Lanka | $2.0B | 25.5% |
| 134th | Switzerland | $2.0B | 17.0% |
| 135th | Bosnia and Herzegovina | $2.0B | -0.8% |
| 136th | Austria | $2.3B | -8.2% |
| 137th | Ukraine | $2.4B | 28.6% |
| 138th | Jordan | $2.4B | 5.8% |
| 139th | Ecuador | $2.5B | 33.8% |
| 140th | Dominican Republic | $2.7B | 8.7% |
| 141st | Brazil | $2.8B | -0.3% |
| 142nd | El Salvador | $3.0B | 18.2% |
| 143rd | Guatemala | $3.1B | 16.7% |
| 144th | Viet Nam | $3.2B | 36.4% |
| 145th | China | $3.3B | -49.8% |
| 146th | Colombia | $3.3B | 4.9% |
| 147th | Russian Federation | $3.4B | 55.7% |
| 148th | Italy | $4.1B | 10.9% |
| 149th | Pakistan | $4.3B | 8.5% |
| 150th | Bangladesh | $4.3B | 20.4% |
| 151st | Morocco | $4.6B | 8.7% |
| 152nd | United States | $4.8B | 1.3% |
| 153rd | Lebanon | $4.9B | -11.9% |
| 154th | Egypt, Arab Republic of | $5.0B | 50.2% |
| 155th | Korea | $5.2B | -12.4% |
| 156th | Indonesia | $5.4B | 190.4% |
| 157th | United Kingdom | $6.0B | 1.8% |
| 158th | Belgium | $6.9B | 4.9% |
| 159th | Poland | $7.3B | 54.2% |
| 160th | Germany | $7.8B | 19.9% |
| 161st | Philippines | $13.7B | 19.7% |
| 162nd | France | $14.2B | 6.5% |
| 163rd | Nigeria | $14.6B | 544.2% |
| 164th | India | $22.1B | 18.0% |
| 165th | Mexico | $22.7B | 14.5% |
| 166th | European Union | $61.2B | 13.6% |
FAQ
What was Faroe Islands's remittances received in 2005?▾
Faroe Islands's remittances received in 2005 was $80.3M. This ranked 47th globally.
How did Faroe Islands's remittances received change in 2005?▾
Faroe Islands's remittances received increased by 63.1% in 2005 compared to 2004.
Which country had the highest remittances received in 2005?▾
European Union had the highest remittances received in 2005 at $61.2B.
What is the remittances received of Faroe Islands in 2005?▾
The remittances received of Faroe Islands in 2005 was $80.3M. This ranked 47th globally.
How does 2005 compare to 2004 for Faroe Islands's remittances received?▾
Faroe Islands's remittances received went from $49.2M in 2004 to $80.3M in 2005, a 63.1% increase.
Related
2004
2006
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Full ranking 2005
Exports
Imports
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FDI Inflows
Peak: 2011
Lowest: 2001
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Remittances Received 2000s
Remittances Received 2010s
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