DEC alternative conversion factor in Faroe Islands

Faroe Islands: DEC alternative conversion factor was 6.89 LCU per US$ in 2023. β–Ό Falling

Latest (2023)
6.89 LCU per US$
Change on year
down 2.6%
World rank
115th
of 209 countries
All-time high
10.6 LCU per US$
in 1985
All-time low
5.1 LCU per US$
in 2008
Years of data
54
1970–2023

DEC alternative conversion factor in Faroe Islands, 1970–2023

02.557.510197019962023

Source: UNESCO Institute for Statistics. Measured in LCU per US$.

Analysis

The most recent figure for dec alternative conversion factor in Faroe Islands is 6.89 LCU per US$, measured in 2023.

The figure is down 2.6% on the previous year and up 22.7% over ten years.

Over the whole period, dec alternative conversion factor in Faroe Islands peaked at 10.6 LCU per US$ in 1985 and was at its lowest, 5.1 LCU per US$, in 2008.

Faroe Islands ranks 115th of 209 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 54 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 6.26 LCU per US$ 5.26 LCU per US$ 7.5 LCU per US$ 10
1980s 8.02 LCU per US$ 5.64 LCU per US$ 10.6 LCU per US$ 10
1990s 6.31 LCU per US$ 5.6 LCU per US$ 6.98 LCU per US$ 10
2000s 6.47 LCU per US$ 5.1 LCU per US$ 8.32 LCU per US$ 10
2010s 6.11 LCU per US$ 5.37 LCU per US$ 6.73 LCU per US$ 10
2020s 6.7 LCU per US$ 6.29 LCU per US$ 7.08 LCU per US$ 4

Countries ranked near Faroe Islands

  1. 112 Bolivia 6.91 LCU per US$ compare
  2. 113 Denmark 6.89 LCU per US$ compare
  3. 113 Greenland 6.89 LCU per US$ compare
  4. 116 Trinidad and Tobago 6.75 LCU per US$ compare
  5. 117 Venezuela 6.28 LCU per US$ compare
  6. 118 Brazil 5.39 LCU per US$ compare

See the full ranking of 212 places β†’

More population data for Faroe Islands

All data for Faroe Islands β†’

Frequently asked questions

What is dec alternative conversion factor in Faroe Islands?
Dec alternative conversion factor in Faroe Islands was 6.89 LCU per US$ in 2023, according to UNESCO Institute for Statistics.
What is the highest dec alternative conversion factor recorded in Faroe Islands?
The highest recorded value was 10.6 LCU per US$ in 1985.
What is the lowest dec alternative conversion factor recorded in Faroe Islands?
The lowest recorded value was 5.1 LCU per US$ in 2008.
How does Faroe Islands rank for dec alternative conversion factor?
Faroe Islands ranks 115th out of 209 countries with data for 2023.
Is dec alternative conversion factor rising or falling in Faroe Islands?
Over the last ten years it is up 22.7%. The long-run trend across the full record is falling.
Where does this Faroe Islands data come from?
The figures come from UNESCO Institute for Statistics, published as part of DEC alternative conversion factor (LCU per US$). Statizoid updates them automatically from the source API.

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DEC alternative conversion factor in Faroe Islands. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 16 August 2026, from https://population.statizoid.com/stat/dec-alternative-conversion-factor-lcu-per-us-2/faroe-islands/

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About this data

Indicator
DEC alternative conversion factor (LCU per US$)
Unit
LCU per US$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
212 places, 10,748 data points, 1970–2024
Last refreshed

February 2026 Data Release