Faroe Islands vs Venezuela: DEC alternative conversion factor
Faroe Islands
6.89 LCU per US$
in 2023
Venezuela
6.28 LCU per US$
in 2014
Faroe Islands rank
115th
Venezuela rank
117th
DEC alternative conversion factor over time
- Faroe Islands
- Venezuela
How they compare
Faroe Islands currently reports 6.89 LCU per US$ against 6.28 LCU per US$ in Venezuela, a difference of 0.61 LCU per US$.
That makes Faroe Islands's figure about 1.1 times Venezuela's.
The two have swapped places 1 time across 45 shared years of data; in 1970 it was Faroe Islands ahead.
Faroe Islands ranks 115th and Venezuela ranks 117th of 209 countries.
Faroe Islands has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Faroe Islands | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 6.26 LCU per US$ | 0.0043 LCU per US$ | 6.25 LCU per US$ | Faroe Islands |
| 1980s | 8.02 LCU per US$ | 0.0103 LCU per US$ | 8.01 LCU per US$ | Faroe Islands |
| 1990s | 6.31 LCU per US$ | 0.2647 LCU per US$ | 6.05 LCU per US$ | Faroe Islands |
| 2000s | 6.47 LCU per US$ | 1.67 LCU per US$ | 4.8 LCU per US$ | Faroe Islands |
| 2010s | 5.6 LCU per US$ | 4.7 LCU per US$ | 0.9024 LCU per US$ | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher dec alternative conversion factor, Faroe Islands or Venezuela?
- Faroe Islands, at 6.89 LCU per US$ against 6.28 LCU per US$ in Venezuela as of 2023.
- What is the difference in dec alternative conversion factor between Faroe Islands and Venezuela?
- 0.61 LCU per US$, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Venezuela?
- 45 years are reported by both, from 1970 to 2014.
- How do Faroe Islands and Venezuela rank globally for dec alternative conversion factor?
- Faroe Islands ranks 115th and Venezuela ranks 117th of 209 countries.
- Where does this data come from?
- UNESCO Institute for Statistics, published as DEC alternative conversion factor (LCU per US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
February 2026 Data Release