Faroe Islands vs Serbia: Money sent or brought back by migrants as a share of GDP

Faroe Islands
6.3%
in 2011
Serbia
6.6%
in 2025
Faroe Islands rank
53rd
Serbia rank
50th

Money sent or brought back by migrants as a share of GDP over time

  • Faroe Islands
  • Serbia
246810199820112025

How they compare

Serbia currently reports 6.6% against 6.3% in Faroe Islands, a difference of 0.3%.

Across all 5 years both countries report, Serbia has been ahead every year.

Faroe Islands ranks 53rd and Serbia ranks 50th of 194 countries.

Serbia has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Faroe Islands Serbia Difference Ahead
2000s 5.4% 8.3% 2.9% Serbia
2010s 6.3% 8.6% 2.3% Serbia

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, Faroe Islands or Serbia?
Serbia, at 6.6% against 6.3% in Faroe Islands as of 2025.
What is the difference in money sent or brought back by migrants as a share of gdp between Faroe Islands and Serbia?
0.3%, with Serbia ahead.
How many years of comparable data are there for Faroe Islands and Serbia?
5 years are reported by both, from 2007 to 2011.
How do Faroe Islands and Serbia rank globally for money sent or brought back by migrants as a share of gdp?
Faroe Islands ranks 53rd and Serbia ranks 50th 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.

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Faroe Islands vs Serbia: Money sent or brought back by migrants as a share of GDP. Statizoid, drawing on World Bank staff estimates based on IMF and OECD data (2026) – processed by Our World in Data. Retrieved 10 September 2026, from https://population.statizoid.com/compare/money-sent-or-brought-back-by-migrants-as-a-share-of-gdp/faroe-islands/serbia/

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About this data

Indicator
Money sent or brought back by migrants as a share of GDP
Unit
% of GDP
Source
World Bank staff estimates based on IMF and OECD data (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
194 places, 7,088 data points, 1970–2025
Last refreshed

Money sent or brought back by migrants refers to remittances a country has received in this year.