Australia vs Faroe Islands: GDP per capita
Australia
64,408 current US$
in 2024
Faroe Islands
71,774 current US$
in 2023
Australia rank
18th
Faroe Islands rank
16th
GDP per capita over time
- Australia
- Faroe Islands
How they compare
Faroe Islands currently reports 71,774 current US$ against 64,408 current US$ in Australia, a difference of 7,366 current US$.
That makes Faroe Islands's figure about 1.1 times Australia's.
The two have swapped places 9 times across 54 shared years of data; in 1970 it was Australia ahead.
Australia ranks 18th and Faroe Islands ranks 16th of 208 countries.
Across the 6 decades both report, Australia averaged higher in 2 and Faroe Islands in 4.
Head to head by decade
| Decade | Australia | Faroe Islands | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 6,182 current US$ | 5,742 current US$ | 439.81 current US$ | Australia |
| 1980s | 12,538 current US$ | 13,489 current US$ | 950.44 current US$ | Faroe Islands |
| 1990s | 19,987 current US$ | 20,618 current US$ | 631.26 current US$ | Faroe Islands |
| 2000s | 32,107 current US$ | 36,689 current US$ | 4,582 current US$ | Faroe Islands |
| 2010s | 58,626 current US$ | 56,023 current US$ | 2,603 current US$ | Australia |
| 2020s | 60,558 current US$ | 67,226 current US$ | 6,668 current US$ | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp per capita, Australia or Faroe Islands?
- Faroe Islands, at 71,774 current US$ against 64,408 current US$ in Australia as of 2023.
- What is the difference in gdp per capita between Australia and Faroe Islands?
- 7,366 current US$, with Faroe Islands ahead.
- How many years of comparable data are there for Australia and Faroe Islands?
- 54 years are reported by both, from 1970 to 2023.
- How do Australia and Faroe Islands rank globally for gdp per capita?
- Australia ranks 18th and Faroe Islands ranks 16th of 208 countries.
- Where does this data come from?
- UNESCO Institute for Statistics, published as GDP per capita (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
February 2026 Data Release