Faroe Islands vs Palau: Price level ratio of PPP conversion factor (GDP) to market exchange
Faroe Islands
0.9182
in 2023
Palau
0.9069
in 2023
Faroe Islands rank
14th
Palau rank
17th
Price level ratio of PPP conversion factor (GDP) to market exchange over time
- Faroe Islands
- Palau
How they compare
Faroe Islands currently reports 0.9182 against 0.9069 in Palau, a difference of 0.0113.
Across all 16 years both countries report, Faroe Islands has been ahead every year.
Faroe Islands ranks 14th and Palau ranks 17th 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 | Palau | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.22 | 0.7657 | 0.4556 | Faroe Islands |
| 2010s | 1.09 | 0.8503 | 0.2422 | Faroe Islands |
| 2020s | 0.9581 | 0.8649 | 0.0932 | 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 Palau?
- Faroe Islands, at 0.9182 against 0.9069 in Palau as of 2023.
- What is the difference in price level ratio of ppp conversion factor (gdp) to market exchange between Faroe Islands and Palau?
- 0.0113, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Palau?
- 16 years are reported by both, from 2008 to 2023.
- How do Faroe Islands and Palau rank globally for price level ratio of ppp conversion factor (gdp) to market exchange?
- Faroe Islands ranks 14th and Palau ranks 17th 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