Faroe Islands vs Marshall Islands: Price level ratio of PPP conversion factor (GDP) to market exchange
Faroe Islands
0.9182
in 2023
Marshall Islands
0.9108
in 2024
Faroe Islands rank
14th
Marshall Islands rank
16th
Price level ratio of PPP conversion factor (GDP) to market exchange over time
- Faroe Islands
- Marshall Islands
How they compare
Faroe Islands currently reports 0.9182 against 0.9108 in Marshall Islands, a difference of 0.0074.
Across all 16 years both countries report, Faroe Islands has been ahead every year.
Faroe Islands ranks 14th and Marshall Islands ranks 16th of 202 countries.
Faroe Islands has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Faroe Islands | Marshall Islands | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.22 | 0.8985 | 0.3227 | Faroe Islands |
| 2010s | 1.09 | 0.9374 | 0.155 | Faroe Islands |
| 2020s | 0.9581 | 0.9012 | 0.0568 | 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 Marshall Islands?
- Faroe Islands, at 0.9182 against 0.9108 in Marshall Islands as of 2023.
- What is the difference in price level ratio of ppp conversion factor (gdp) to market exchange between Faroe Islands and Marshall Islands?
- 0.0074, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Marshall Islands?
- 16 years are reported by both, from 2008 to 2023.
- How do Faroe Islands and Marshall Islands rank globally for price level ratio of ppp conversion factor (gdp) to market exchange?
- Faroe Islands ranks 14th and Marshall Islands ranks 16th 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