Personal remittances and foreign aid received, per square kilometre in Faroe Islands

Faroe Islands: Personal remittances and foreign aid received, per square kilometre was 113,476 current US$ per square kilometre in 2011. ◆ Volatile

Latest (2011)
113,476 current US$ per square kilometre
Change on year
up 8.2%
World rank
29th
of 193 countries
All-time high
113,476 current US$ per square kilometre
in 2011
All-time low
27,966 current US$ per square kilometre
in 2001
Years of data
14
1998–2011

Personal remittances and foreign aid received, per square kilometre in Faroe Islands, 1998–2011

20.0k40.0k60.0k80.0k100.0k120.0k1998200420111998: 34.7k current US$ per square kilometre1999: 35.8k current US$ per square kilometre2000: 30.8k current US$ per square kilometre2001: 28.0k current US$ per square kilometre2002: 28.5k current US$ per square kilometre2003: 31.8k current US$ per square kilometre2004: 35.3k current US$ per square kilometre2005: 57.5k current US$ per square kilometre2006: 63.8k current US$ per square kilometre2007: 78.2k current US$ per square kilometre2008: 97.8k current US$ per square kilometre2009: 99.4k current US$ per square kilometre2010: 104.9k current US$ per square kilometre2011: 113.5k current US$ per square kilometre

Source: Statizoid (derived). Measured in current US$ per square kilometre.

Analysis

Faroe Islands recorded 113,476 current US$ per square kilometre for personal remittances and foreign aid received, per square kilometre in 2011. That is the highest value across all 14 years on record.

That represents a change of up 8.2% on the previous year and up 305.8% over ten years.

Over the whole period, personal remittances and foreign aid received, per square kilometre in Faroe Islands peaked at 113,476 current US$ per square kilometre in 2011 and was at its lowest, 27,966 current US$ per square kilometre, in 2001.

That places Faroe Islands 29th out of 193 countries with data for 2011, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Personal remittances and foreign aid received, per square kilometre in Faroe Islands, year by year

Annual values for Personal remittances and foreign aid received, per square kilometre in Faroe Islands, 1998 to 2011.
Year current US$ per square kilometre Change
1998 34,728 current US$ per square kilometre
1999 35,845 current US$ per square kilometre +3.2%
2000 30,781 current US$ per square kilometre -14.1%
2001 27,966 current US$ per square kilometre -9.1%
2002 28,474 current US$ per square kilometre +1.8%
2003 31,791 current US$ per square kilometre +11.6%
2004 35,256 current US$ per square kilometre +10.9%
2005 57,509 current US$ per square kilometre +63.1%
2006 63,793 current US$ per square kilometre +10.9%
2007 78,208 current US$ per square kilometre +22.6%
2008 97,830 current US$ per square kilometre +25.1%
2009 99,385 current US$ per square kilometre +1.6%
2010 104,866 current US$ per square kilometre +5.5%
2011 113,476 current US$ per square kilometre +8.2%

Faroe Islands compared with similar countries

  • Faroe Islands's 113,476 current US$ per square kilometre is above the median for high income countries, which is 38,677 current US$ per square kilometre, 2.9× the median. (67 countries reporting)
  • Faroe Islands's 113,476 current US$ per square kilometre is above the median for Europe & Central Asia, which is 34,168 current US$ per square kilometre, 3.3× the median. (49 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 35,287 current US$ per square kilometre 34,728 current US$ per square kilometre 35,845 current US$ per square kilometre 2
2000s 55,099 current US$ per square kilometre 27,966 current US$ per square kilometre 99,385 current US$ per square kilometre 10
2010s 109,171 current US$ per square kilometre 104,866 current US$ per square kilometre 113,476 current US$ per square kilometre 2

Countries ranked near Faroe Islands

  1. 26 Mauritius 136,442 current US$ per square kilometre compare
  2. 27 Philippines 123,035 current US$ per square kilometre compare
  3. 28 Netherlands 117,518 current US$ per square kilometre compare
  4. 30 Saint Lucia 103,701 current US$ per square kilometre compare
  5. 31 Antigua and Barbuda 102,877 current US$ per square kilometre compare
  6. 32 Tuvalu 98,324 current US$ per square kilometre compare

See the full ranking of 193 places →

More reference data data for Faroe Islands

All data for Faroe Islands →

Frequently asked questions

What is personal remittances and foreign aid received, per square kilometre in Faroe Islands?
Personal remittances and foreign aid received, per square kilometre in Faroe Islands was 113,476 current US$ per square kilometre in 2011, according to Statizoid (derived).
What is the highest personal remittances and foreign aid received, per square kilometre recorded in Faroe Islands?
The highest recorded value was 113,476 current US$ per square kilometre in 2011.
What is the lowest personal remittances and foreign aid received, per square kilometre recorded in Faroe Islands?
The lowest recorded value was 27,966 current US$ per square kilometre in 2001.
How does Faroe Islands rank for personal remittances and foreign aid received, per square kilometre?
Faroe Islands ranks 29th out of 193 countries with data for 2011.
Is personal remittances and foreign aid received, per square kilometre rising or falling in Faroe Islands?
Over the last ten years it is up 305.8%. The long-run trend across the full record is volatile.
Where does this Faroe Islands data come from?
The figures come from Statizoid (derived), published as part of Personal remittances and foreign aid received, per square kilometre. Statizoid updates them automatically from the source API.

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Personal remittances and foreign aid received, per square kilometre in Faroe Islands. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://reference.statizoid.com/stat/personal-remittances-and-foreign-aid-received-per-square-kilometre/faroe-islands/

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<a href="https://reference.statizoid.com/stat/personal-remittances-and-foreign-aid-received-per-square-kilometre/faroe-islands/">Personal remittances and foreign aid received, per square kilometre in Faroe Islands</a> — Statizoid

How this figure is calculated

Personal remittances and foreign aid received divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Personal remittances and foreign aid received ÷ Land area (sq. km)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Personal remittances and foreign aid received, per square kilometre
Unit
current US$ per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
193 places, 6,437 data points, 1970–2021
Last refreshed

Personal remittances and foreign aid received divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.