Faroe Islands vs Micronesia (country): Price level ratio of PPP conversion factor (GDP) to market exchange

Faroe Islands
0.9182
in 2023
Micronesia (country)
0.9585
in 2024
Faroe Islands rank
14th
Micronesia (country) rank
11th

Price level ratio of PPP conversion factor (GDP) to market exchange over time

  • Faroe Islands
  • Micronesia (country)
00.250.50.7511.2199020072024

How they compare

Micronesia (country) currently reports 0.9585 against 0.9182 in Faroe Islands, a difference of 0.0403.

The two have swapped places 1 time across 16 shared years of data; in 2008 it was Faroe Islands ahead.

Faroe Islands ranks 14th and Micronesia (country) ranks 11th 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 Micronesia (country) Difference Ahead
2000s 1.22 0.8436 0.3777 Faroe Islands
2010s 1.09 0.92 0.1724 Faroe Islands
2020s 0.9581 0.9104 0.0477 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 Micronesia (country)?
Micronesia (country), at 0.9585 against 0.9182 in Faroe Islands as of 2024.
What is the difference in price level ratio of ppp conversion factor (gdp) to market exchange between Faroe Islands and Micronesia (country)?
0.0403, with Micronesia (country) ahead.
How many years of comparable data are there for Faroe Islands and Micronesia (country)?
16 years are reported by both, from 2008 to 2023.
How do Faroe Islands and Micronesia (country) rank globally for price level ratio of ppp conversion factor (gdp) to market exchange?
Faroe Islands ranks 14th and Micronesia (country) ranks 11th 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.

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Faroe Islands vs Micronesia (country): Price level ratio of PPP conversion factor (GDP) to market exchange. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 12 November 2026, from https://population.statizoid.com/compare/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/faroe-islands/micronesia-fed-sts/

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About this data

Indicator
Price level ratio of PPP conversion factor (GDP) to market exchange rate
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
202 places, 6,811 data points, 1990–2024
Last refreshed

February 2026 Data Release