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Faroe Islands: GDP per capita (current US$), 1990–2024
Value in 202474,175
Change since 2014+23.3%60,173 (2014)
World rank13 / 2002024
Rank in region8 / 53Europe & Central Asia
World13,717World Bank aggregate
Trend and comparison
Neighbours in the 2024 ranking
89,889
86,170
85,863
75,685
74,175
72,005
71,026
67,465
64,610
Values and rank by year
| Year | GDP per capita (current US$) | vs prior year | World rank |
|---|---|---|---|
| 2024 | 74,175 | +2.3% | 13 / 200 |
| 2023 | 72,487 | +8.1% | 15 / 204 |
| 2022 | 67,069 | -3.4% | 16 / 209 |
| 2021 | 69,422 | +11.5% | 14 / 210 |
| 2020 | 62,248 | -1.3% | 11 / 210 |
| 2019 | 63,071 | +0.9% | 15 / 211 |
| 2018 | 62,525 | +5.3% | 15 / 211 |
| 2017 | 59,389 | +4.4% | 15 / 211 |
| 2016 | 56,876 | +8.1% | 15 / 211 |
| 2015 | 52,638 | -12.5% | 18 / 212 |
| 2014 | 60,173 | +7.9% | 14 / 213 |
| 2013 | 55,759 | +10.9% | 16 / 212 |
| 2012 | 50,263 | -2.6% | 21 / 212 |
| 2011 | 51,620 | +7.7% | 21 / 214 |
| 2010 | 47,924 | +1.8% | 19 / 213 |
| 2009 | 47,060 | -8.2% | 18 / 213 |
| 2008 | 51,288 | +6.1% | 19 / 211 |
| 2007 | 48,349 | +15.8% | 19 / 210 |
| 2006 | 41,744 | +14.7% | 22 / 210 |
| 2005 | 36,389 | +2.1% | 25 / 209 |
| 2004 | 35,648 | +14.0% | 21 / 209 |
| 2003 | 31,270 | +16.1% | 22 / 209 |
| 2002 | 26,938 | +8.3% | 21 / 209 |
| 2001 | 24,880 | +6.7% | 22 / 205 |
| 2000 | 23,323 | -6.6% | 26 / 204 |
| 1999 | 24,979 | +1.0% | 23 / 202 |
| 1998 | 24,729 | +16.9% | 23 / 202 |
| 1997 | 21,158 | -6.8% | 28 / 201 |
| 1996 | 22,706 | +9.9% | 24 / 199 |
| 1995 | 20,669 | +21.8% | 26 / 199 |
| 1994 | 16,976 | +3.7% | 27 / 196 |
| 1993 | 16,374 | -15.2% | 28 / 195 |
| 1992 | 19,301 | +0.7% | 24 / 194 |
| 1991 | 19,164 | -4.8% | 24 / 193 |
| 1990 | 20,125 | – | 22 / 192 |
- Population
- GDP (current US$, billions)
- GDP growth (annual %)
- Life expectancy at birth (years)
- Fertility rate (births per woman)
- Population aged 65 and above (% of total)
- Urban population (% of total)
- Internet users (% of population)
- Surface area (km²)
- Population density (people per km² of land)
- Exports of goods and services (% of GDP)
Compare Faroe Islands with Japan →
For each indicator and economy the most recent non-empty year is used, so years can differ between countries. Ranks compare only economies that have data. Aggregates (regions, income groups) are excluded from rankings; the world value is shown for reference. Values are as published by the World Bank and are revised several times a year.