Equatorial Guinea vs Faroe Islands: Remittance inflows to GDP
Remittance inflows to GDP over time
- Equatorial Guinea
- Faroe Islands
How they compare
Equatorial Guinea currently reports 0.0% against 0.0% in Faroe Islands, a difference of 0.0%.
Across all 15 years both countries report, Faroe Islands has been ahead every year.
Equatorial Guinea ranks 190th and Faroe Islands ranks 190th of 197 countries.
Faroe Islands has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Equatorial Guinea | Faroe Islands | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.0% | 5.0% | 5.0% | Faroe Islands |
| 2010s | 0.0% | 1.3% | 1.3% | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher remittance inflows to gdp, Equatorial Guinea or Faroe Islands?
- Equatorial Guinea, at 0.0% against 0.0% in Faroe Islands as of 2019.
- What is the difference in remittance inflows to gdp between Equatorial Guinea and Faroe Islands?
- 0.0%, with Equatorial Guinea ahead.
- How many years of comparable data are there for Equatorial Guinea and Faroe Islands?
- 15 years are reported by both, from 2005 to 2019.
- How do Equatorial Guinea and Faroe Islands rank globally for remittance inflows to gdp?
- Equatorial Guinea ranks 190th and Faroe Islands ranks 190th of 197 countries.
- Where does this data come from?
- World Development Indicators (WDI), World Bank, published as Remittance inflows to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by nonresident workers. Data are the sum of three items defined in the fifth edition of the IMF's Balance of Payments Manual: workers' remittances, compensation of employees, and migrants' transfers. Remittances are classified as current private transfers from migrant workers resident in the host country for more than a year, irrespective of their immigration status, to recipients in their country of origin. Migrants' transfers are defined as the net worth of migrants who are expected to remain in the host country for more than one year that is transferred from one country to another at the time of migration. Compensation of employees is the income of migrants who have lived in the host country for less than a year.