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

Faroe Islands
0.9182
in 2023
Naoero
0.9368
in 2024
Faroe Islands rank
14th
Naoero rank
13th

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

  • Faroe Islands
  • Naoero
0.40.60.811.2199020072024

How they compare

Naoero currently reports 0.9368 against 0.9182 in Faroe Islands, a difference of 0.0186.

The two have swapped places 5 times across 16 shared years of data; in 2008 it was Faroe Islands ahead.

Faroe Islands ranks 14th and Naoero ranks 13th of 202 countries.

Across the 3 decades both report, Faroe Islands averaged higher in 2 and Naoero in 1.

Head to head by decade

Decade Faroe Islands Naoero Difference Ahead
2000s 1.22 0.7041 0.5172 Faroe Islands
2010s 1.09 0.9773 0.1151 Faroe Islands
2020s 0.9581 1.02 0.0657 Naoero

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 Naoero?
Naoero, at 0.9368 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 Naoero?
0.0186, with Naoero ahead.
How many years of comparable data are there for Faroe Islands and Naoero?
16 years are reported by both, from 2008 to 2023.
How do Faroe Islands and Naoero rank globally for price level ratio of ppp conversion factor (gdp) to market exchange?
Faroe Islands ranks 14th and Naoero ranks 13th 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 Naoero: Price level ratio of PPP conversion factor (GDP) to market exchange. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 12 September 2026, from https://population.statizoid.com/compare/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/faroe-islands/naoero/

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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