Personal remittances oda in Faroe Islands

Faroe Islands: Personal remittances oda was 158.41 million in 2011. ◆ Volatile

Latest (2011)
158.41 million
Change on year
up 8.2%
World rank
146th
of 193 countries
All-time high
158.41 million
in 2011
All-time low
39.04 million
in 2001
Years of data
14
1998–2011

Personal remittances oda in Faroe Islands, 1998–2011

50.0M75.0M100.0M125.0M150.0M1998200420111998: 48.5M1999: 50.0M2000: 43.0M2001: 39.0M2002: 39.8M2003: 44.4M2004: 49.2M2005: 80.3M2006: 89.1M2007: 109.2M2008: 136.6M2009: 138.7M2010: 146.4M2011: 158.4M

Source: Our World in Data.

Analysis

In 2011, personal remittances oda in Faroe Islands stood at 158.41 million. That is the highest value across all 14 years on record.

The figure is up 8.2% on the previous year and up 305.8% over ten years.

Over the whole period, personal remittances oda in Faroe Islands peaked at 158.41 million in 2011 and was at its lowest, 39.04 million, in 2001.

Faroe Islands ranks 146th of 193 countries on this measure, in the bottom quarter.

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

Personal remittances oda in Faroe Islands, year by year

Annual values for Personal remittances oda in Faroe Islands, 1998 to 2011.
Year Value Change
1998 48.48 million —
1999 50.04 million +3.2%
2000 42.97 million -14.1%
2001 39.04 million -9.1%
2002 39.75 million +1.8%
2003 44.38 million +11.6%
2004 49.22 million +10.9%
2005 80.28 million +63.1%
2006 89.06 million +10.9%
2007 109.18 million +22.6%
2008 136.57 million +25.1%
2009 138.74 million +1.6%
2010 146.39 million +5.5%
2011 158.41 million +8.2%

Faroe Islands compared with similar countries

  • Faroe Islands's 158.41 million is below the median for high income countries, which is 688.87 million, 23% of the median. (67 countries reporting)
  • Faroe Islands's 158.41 million is below the median for Europe & Central Asia, which is 2.43 billion, 7% of the median. (49 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 49.26 million 48.48 million 50.04 million 2
2000s 76.92 million 39.04 million 138.74 million 10
2010s 152.40 million 146.39 million 158.41 million 2

Countries ranked near Faroe Islands

  1. 143 Sierra Leone 183.79 million compare
  2. 144 Ireland 179.85 million compare
  3. 145 Burundi 168.00 million compare
  4. 147 East Timor 150.04 million compare
  5. 148 Suriname 147.62 million compare
  6. 149 Curacao 141.92 million

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 oda in Faroe Islands?
Personal remittances oda in Faroe Islands was 158.41 million in 2011, according to Our World in Data.
What is the highest personal remittances oda recorded in Faroe Islands?
The highest recorded value was 158.41 million in 2011.
What is the lowest personal remittances oda recorded in Faroe Islands?
The lowest recorded value was 39.04 million in 2001.
How does Faroe Islands rank for personal remittances oda?
Faroe Islands ranks 146th out of 193 countries with data for 2011.
Is personal remittances oda 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 Our World in Data, published as part of Personal remittances oda. Statizoid updates them automatically from the source API.

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Personal remittances oda in Faroe Islands. Statizoid, drawing on Our World in Data. Retrieved 13 November 2026, from https://reference.statizoid.com/stat/personal-remittances-oda/faroe-islands/

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About this data

Indicator
Personal remittances oda
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
193 places, 6,518 data points, 1970–2021
Last refreshed