Australia vs Faroe Islands: GDP (current US$), per capita

Australia
64,432 current US$ per person
in 2024
Faroe Islands
71,828 current US$ per person
in 2023
Australia rank
18th
Faroe Islands rank
16th

GDP (current US$), per capita over time

  • Australia
  • Faroe Islands
020.0k40.0k60.0k80.0k197019972024

How they compare

Faroe Islands currently reports 71,828 current US$ per person against 64,432 current US$ per person in Australia, a difference of 7,396 current US$ per person.

That makes Faroe Islands's figure about 1.1 times Australia's.

The two have swapped places 9 times across 54 shared years of data; in 1970 it was Australia ahead.

Australia ranks 18th and Faroe Islands ranks 16th of 211 countries.

Across the 6 decades both report, Australia averaged higher in 2 and Faroe Islands in 4.

Head to head by decade

Decade Australia Faroe Islands Difference Ahead
1970s 6,182 current US$ per person 5,742 current US$ per person 439.82 current US$ per person Australia
1980s 12,538 current US$ per person 13,489 current US$ per person 950.25 current US$ per person Faroe Islands
1990s 19,987 current US$ per person 20,618 current US$ per person 630.88 current US$ per person Faroe Islands
2000s 32,107 current US$ per person 36,689 current US$ per person 4,582 current US$ per person Faroe Islands
2010s 58,626 current US$ per person 56,024 current US$ per person 2,602 current US$ per person Australia
2020s 60,551 current US$ per person 67,253 current US$ per person 6,702 current US$ per person Faroe Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gdp (current us$), per capita, Australia or Faroe Islands?
Faroe Islands, at 71,828 current US$ per person against 64,432 current US$ per person in Australia as of 2023.
What is the difference in gdp (current us$), per capita between Australia and Faroe Islands?
7,396 current US$ per person, with Faroe Islands ahead.
How many years of comparable data are there for Australia and Faroe Islands?
54 years are reported by both, from 1970 to 2023.
How do Australia and Faroe Islands rank globally for gdp (current us$), per capita?
Australia ranks 18th and Faroe Islands ranks 16th of 211 countries.
Where does this data come from?
Statizoid (derived), published as GDP (current US$), per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Faroe Islands: GDP (current US$), per capita. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/compare/gdp-current-us-per-capita-2/australia/faroe-islands/

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About this data

Indicator
GDP (current US$), per capita
Unit
current US$ per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,315 data points, 1970–2024
Last refreshed

GDP (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.