Faroe Islands FO: GDP: Net Current Transfer from Abroad

Faroe Islands FO: GDP: Net Current Transfer from Abroad data was reported at 854.000 DKK mn in 2012. This records a decrease from the previous number of 1,089.000 DKK mn for 2011. Faroe Islands FO: GDP: Net Current Transfer from Abroad data is updated yearly, averaging 841.000 DKK mn from Dec 1998 to 2012, with 15 observations. The data reached an all-time high of 1,148.000 DKK mn in 2000 and a record low of 747.000 DKK mn in 2003. Faroe Islands FO: GDP: Net Current Transfer from Abroad data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Faroe Islands – Table FO.World Bank: Gross Domestic Product: Nominal. Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

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