Faroe Islands vs Luxembourg: Price level ratio of PPP conversion factor (GDP) to market exchange
Faroe Islands
0.9182
in 2023
Luxembourg
0.9121
in 2024
Faroe Islands rank
14th
Luxembourg rank
15th
Price level ratio of PPP conversion factor (GDP) to market exchange over time
- Faroe Islands
- Luxembourg
How they compare
Faroe Islands currently reports 0.9182 against 0.9121 in Luxembourg, a difference of 0.0061.
The two have swapped places 2 times across 16 shared years of data; in 2008 it was Luxembourg ahead.
Faroe Islands ranks 14th and Luxembourg ranks 15th of 202 countries.
Across the 3 decades both report, Faroe Islands averaged higher in 2 and Luxembourg in 1.
Head to head by decade
| Decade | Faroe Islands | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.22 | 1.29 | 0.0704 | Luxembourg |
| 2010s | 1.09 | 1.08 | 0.0099 | Faroe Islands |
| 2020s | 0.9581 | 0.9324 | 0.0256 | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher price level ratio of ppp conversion factor (gdp) to market exchange, Faroe Islands or Luxembourg?
- Faroe Islands, at 0.9182 against 0.9121 in Luxembourg as of 2023.
- What is the difference in price level ratio of ppp conversion factor (gdp) to market exchange between Faroe Islands and Luxembourg?
- 0.0061, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Luxembourg?
- 16 years are reported by both, from 2008 to 2023.
- How do Faroe Islands and Luxembourg rank globally for price level ratio of ppp conversion factor (gdp) to market exchange?
- Faroe Islands ranks 14th and Luxembourg ranks 15th of 202 countries.
- Where does this data come from?
- UNESCO Institute for Statistics, published as Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
February 2026 Data Release