Ecuador vs Faroe Islands: Money sent or brought back by migrants as a share of GDP
Ecuador
5.9%
in 2025
Faroe Islands
6.3%
in 2011
Ecuador rank
56th
Faroe Islands rank
53rd
Money sent or brought back by migrants as a share of GDP over time
- Ecuador
- Faroe Islands
How they compare
Faroe Islands currently reports 6.3% against 5.9% in Ecuador, a difference of 0.4%.
That makes Faroe Islands's figure about 1.1 times Ecuador's.
The two have swapped places 2 times across 14 shared years of data; in 1998 it was Faroe Islands ahead.
Ecuador ranks 56th and Faroe Islands ranks 53rd of 194 countries.
Across the 3 decades both report, Ecuador averaged higher in 1 and Faroe Islands in 2.
Head to head by decade
| Decade | Ecuador | Faroe Islands | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 4.2% | 4.4% | 0.2% | Faroe Islands |
| 2000s | 5.8% | 4.1% | 1.7% | Ecuador |
| 2010s | 3.6% | 6.3% | 2.7% | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher money sent or brought back by migrants as a share of gdp, Ecuador or Faroe Islands?
- Faroe Islands, at 6.3% against 5.9% in Ecuador as of 2011.
- What is the difference in money sent or brought back by migrants as a share of gdp between Ecuador and Faroe Islands?
- 0.4%, with Faroe Islands ahead.
- How many years of comparable data are there for Ecuador and Faroe Islands?
- 14 years are reported by both, from 1998 to 2011.
- How do Ecuador and Faroe Islands rank globally for money sent or brought back by migrants as a share of gdp?
- Ecuador ranks 56th and Faroe Islands ranks 53rd of 194 countries.
- Where does this data come from?
- World Bank staff estimates based on IMF and OECD data (2026) – processed by Our World in Data, published as Money sent or brought back by migrants as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Money sent or brought back by migrants refers to remittances a country has received in this year.