Faroe Islands - Remittances Received 2011
$158.4M
+$12.0M from 2010
Faroe Islands's remittances received was $158.4M in 2011, increased +$12.0M from $146.4M in 2010. This was the 53rd highest globally.
Global Ranking - 2011▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Angola | $204,751 | -98.9% |
| 2nd | Mauritius | $518,995 | -36.3% |
| 3rd | Nauru | $1.2M | 478.6% |
| 4th | Palau | $2.0M | 16.7% |
| 5th | Maldives | $3.0M | -5.1% |
| 6th | Suriname | $3.9M | -9.4% |
| 7th | Tuvalu | $4.6M | 16.9% |
| 8th | Aruba | $5.3M | 6.7% |
| 9th | Kuwait | $5.6M | 17.2% |
| 10th | São Tomé and Principe | $6.9M | 8.1% |
| 11th | Bhutan | $10.5M | 26.4% |
| 12th | Papua New Guinea | $12.3M | 251.2% |
| 13th | Solomon Islands | $16.9M | 18.6% |
| 14th | Kiribati | $17.0M | 8.8% |
| 15th | St. Kitts and Nevis | $17.8M | 0.9% |
| 16th | Micronesia, Federated States of | $19.4M | 7.5% |
| 17th | Botswana | $20.4M | -8.6% |
| 18th | Vanuatu | $21.8M | 84.9% |
| 19th | Gabon | $21.8M | -43.3% |
| 20th | Marshall Islands | $22.1M | -0.3% |
| 21st | Seychelles | $25.3M | 45.4% |
| 22nd | Malawi | $25.3M | 16.3% |
| 23rd | Antigua and Barbuda | $29.3M | 1.3% |
| 24th | St. Lucia | $31.8M | 1.7% |
| 25th | Djibouti | $32.4M | -0.9% |
| 26th | Grenada | $37.1M | 1.8% |
| 27th | Oman | $39.0M | 0.0% |
| 28th | St. Vincent and the Grenadines | $42.9M | 2.1% |
| 29th | Burundi | $45.5M | 31.8% |
| 30th | Zambia | $46.3M | 6.0% |
| 31st | Dominica | $46.3M | 0.3% |
| 32nd | Macao SAR, China | $48.3M | 3.1% |
| 33rd | Guinea-Bissau | $52.1M | 13.6% |
| 34th | Sint Maarten (Dutch part) | $54.1M | - |
| 35th | Sierra Leone | $58.8M | 33.0% |
| 36th | Congo, Republic of | $62.2M | 87.8% |
| 37th | Eswatini | $63.5M | 16.1% |
| 38th | Guinea | $64.5M | 39.4% |
| 39th | Chile | $70.9M | 13.8% |
| 40th | Belize | $75.3M | -3.6% |
| 41st | Namibia | $78.8M | 13.8% |
| 42nd | Tonga | $84.3M | 13.9% |
| 43rd | Gambia, The | $91.4M | -21.0% |
| 44th | Comoros | $108.2M | 24.0% |
| 45th | Lao PDR | $110.3M | 164.0% |
| 46th | Myanmar | $127.1M | 10.6% |
| 47th | Uruguay | $128.8M | 3.2% |
| 48th | Mozambique | $129.7M | 12.0% |
| 49th | Timor-Leste | $136.9M | -0.2% |
| 50th | Barbados | $147.3M | 79.9% |
| 51st | Curaçao | $150.1M | - |
| 52nd | Iceland | $152.1M | 11.3% |
| 53rd | Faroe Islands | $158.4M | 8.2% |
| 54th | Samoa | $159.6M | 15.2% |
| 55th | Fiji | $160.6M | -8.6% |
| 56th | Trinidad and Tobago | $161.8M | 78.0% |
| 57th | Niger | $166.2M | 23.6% |
| 58th | Benin | $172.2M | 23.4% |
| 59th | Rwanda | $174.2M | 63.6% |
| 60th | Cabo Verde | $176.9M | 35.1% |
| 61st | Afghanistan | $179.1M | -52.6% |
| 62nd | Kazakhstan | $179.7M | -20.3% |
| 63rd | Algeria | $202.9M | 3.2% |
| 64th | Slovenia | $210.4M | 27.9% |
| 65th | Cameroon | $219.5M | 91.0% |
| 66th | Burkina Faso | $221.1M | 83.5% |
| 67th | Iraq | $223.0M | 26.2% |
| 68th | Malta | $227.1M | -1.1% |
| 69th | Saudi Arabia | $243.7M | 3.1% |
| 70th | Togo | $244.5M | -27.4% |
| 71st | Mongolia | $249.6M | -6.2% |
| 72nd | Madagascar | $335.0M | -26.5% |
| 73rd | Hong Kong SAR, China | $351.6M | 3.6% |
| 74th | Panama | $368.2M | -10.2% |
| 75th | Côte d'Ivoire | $397.1M | 6.2% |
| 76th | Tanzania | $409.6M | 19.0% |
| 77th | Guyana | $412.2M | 12.1% |
| 78th | North Macedonia | $434.1M | 11.9% |
| 79th | Estonia | $438.7M | 22.8% |
| 80th | New Zealand | $455.3M | 22.9% |
| 81st | Montenegro | $509.6M | 22.5% |
| 82nd | Costa Rica | $520.2M | -2.0% |
| 83rd | Liberia | $523.0M | 77.8% |
| 84th | Paraguay | $540.7M | 31.9% |
| 85th | Qatar | $573.6M | - |
| 86th | New Caledonia | $594.2M | 20.8% |
| 87th | Israel | $594.6M | 4.0% |
| 88th | Cambodia | $610.6M | 9.5% |
| 89th | Portugal | $631.4M | 22.1% |
| 90th | Lesotho | $649.3M | 6.4% |
| 91st | Romania | $694.1M | 8.2% |
| 92nd | Argentina | $697.4M | 8.2% |
| 93rd | French Polynesia | $722.4M | 11.0% |
| 94th | Cyprus | $740.5M | -14.1% |
| 95th | Ireland | $756.0M | 14.9% |
| 96th | Norway | $765.0M | 12.5% |
| 97th | Mali | $785.1M | 65.9% |
| 98th | Uganda | $816.2M | 5.9% |
| 99th | Sudan | $824.2M | -43.4% |
| 100th | Belarus | $890.6M | 54.8% |
| 101st | Nicaragua | $913.6M | 10.8% |
| 102nd | Kenya | $934.1M | 36.2% |
| 103rd | Kosovo | $993.4M | -1.3% |
| 104th | Bolivia, Plurinational State of | $1.0B | 8.6% |
| 105th | Congo, Democratic Republic of | $1.1B | 7,081.5% |
| 106th | West Bank and Gaza | $1.1B | 23.1% |
| 107th | Denmark | $1.1B | 24.2% |
| 108th | South Africa | $1.2B | 8.3% |
| 109th | Bermuda | $1.2B | -6.8% |
| 110th | Greece | $1.2B | -20.8% |
| 111th | Malaysia | $1.2B | 9.8% |
| 112th | Canada | $1.2B | 2.4% |
| 113th | Czechia | $1.4B | 13.4% |
| 114th | Yemen, Republic of | $1.4B | -8.0% |
| 115th | Bulgaria | $1.5B | 11.3% |
| 116th | Latvia | $1.5B | 19.7% |
| 117th | Georgia | $1.5B | 30.7% |
| 118th | Haiti | $1.6B | 5.3% |
| 119th | Albania | $1.6B | -2.2% |
| 120th | Senegal | $1.6B | 9.3% |
| 121st | Finland | $1.7B | 68.4% |
| 122nd | Kyrgyz Republic | $1.7B | 34.9% |
| 123rd | Spain | $1.7B | 7.4% |
| 124th | Slovak Republic | $1.8B | 10.2% |
| 125th | Armenia | $1.8B | 7.7% |
| 126th | Luxembourg | $1.8B | 8.4% |
| 127th | Moldova | $1.8B | 3.4% |
| 128th | Türkiye | $1.9B | 3.5% |
| 129th | Azerbaijan | $1.9B | 34.2% |
| 130th | Zimbabwe | $1.9B | 35.8% |
| 131st | Lithuania | $2.0B | 16.9% |
| 132nd | Bosnia and Herzegovina | $2.0B | 7.5% |
| 133rd | Tunisia | $2.0B | -2.8% |
| 134th | Jamaica | $2.1B | 3.9% |
| 135th | Japan | $2.1B | 26.6% |
| 136th | Ghana | $2.1B | 1,471.3% |
| 137th | Hungary | $2.3B | 28.6% |
| 138th | Australia | $2.4B | 31.4% |
| 139th | Croatia | $2.5B | 10.4% |
| 140th | Ecuador | $2.7B | 3.1% |
| 141st | Peru | $2.7B | 6.4% |
| 142nd | Tajikistan | $2.7B | 34.7% |
| 143rd | Honduras | $2.8B | 7.4% |
| 144th | Switzerland | $3.1B | 9.2% |
| 145th | Brazil | $3.2B | 4.3% |
| 146th | Netherlands | $3.2B | 15.8% |
| 147th | Austria | $3.3B | 9.0% |
| 148th | El Salvador | $3.6B | 5.0% |
| 149th | Jordan | $3.7B | 1.7% |
| 150th | Serbia | $4.0B | -3.8% |
| 151st | Colombia | $4.1B | 1.7% |
| 152nd | Nepal | $4.2B | 21.7% |
| 153rd | Dominican Republic | $4.2B | 9.1% |
| 154th | Sweden | $4.4B | 8.0% |
| 155th | Guatemala | $4.5B | 7.3% |
| 156th | Uzbekistan | $4.9B | 42.8% |
| 157th | United Kingdom | $5.1B | 3.0% |
| 158th | Sri Lanka | $5.2B | 25.0% |
| 159th | Thailand | $5.3B | 18.6% |
| 160th | Russian Federation | $6.1B | 16.3% |
| 161st | United States | $6.1B | 2.9% |
| 162nd | Korea | $6.6B | 12.8% |
| 163rd | Lebanon | $6.9B | -0.5% |
| 164th | Indonesia | $6.9B | 0.1% |
| 165th | Morocco | $7.3B | 13.0% |
| 166th | Poland | $7.8B | 0.7% |
| 167th | Ukraine | $7.8B | 19.7% |
| 168th | Viet Nam | $8.3B | 10.0% |
| 169th | Italy | $8.7B | 9.5% |
| 170th | Belgium | $11.7B | 6.7% |
| 171st | Bangladesh | $12.1B | 11.3% |
| 172nd | Pakistan | $12.3B | 26.6% |
| 173rd | Egypt, Arab Republic of | $14.3B | 15.0% |
| 174th | Germany | $16.4B | 15.3% |
| 175th | China | $16.6B | 21.5% |
| 176th | Nigeria | $20.6B | 4.4% |
| 177th | France | $22.9B | 15.3% |
| 178th | Philippines | $23.1B | 6.9% |
| 179th | Mexico | $24.2B | 6.2% |
| 180th | India | $62.5B | 16.9% |
| 181st | European Union | $102.6B | 11.6% |
FAQ
What was Faroe Islands's remittances received in 2011?▾
Faroe Islands's remittances received in 2011 was $158.4M. This ranked 53rd globally.
How did Faroe Islands's remittances received change in 2011?▾
Faroe Islands's remittances received increased by 8.2% in 2011 compared to 2010.
Which country had the highest remittances received in 2011?▾
European Union had the highest remittances received in 2011 at $102.6B.
What is the remittances received of Faroe Islands in 2011?▾
The remittances received of Faroe Islands in 2011 was $158.4M. This ranked 53rd globally.
How does 2011 compare to 2010 for Faroe Islands's remittances received?▾
Faroe Islands's remittances received went from $146.4M in 2010 to $158.4M in 2011, a 8.2% increase.
Related
2010
All years
Full ranking 2011
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
Highest ever
Lowest ever
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vs Channel Islands
vs Macao SAR, China
vs Netherlands
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Global Ranking