GDP (constant LCU), per capita in Faroe Islands
Faroe Islands: GDP (constant LCU), per capita was 374,078 constant LCU per person in 2023. ▲ Rising
GDP (constant LCU), per capita in Faroe Islands, 2008–2023
Source: Statizoid (derived). Measured in constant LCU per person.
Analysis
Faroe Islands recorded 374,078 constant LCU per person for gdp (constant lcu), per capita in 2023. That is the highest value across all 16 years on record.
That represents a change of up 1.6% on the previous year and up 17.2% over ten years.
Over the whole period, gdp (constant lcu), per capita in Faroe Islands peaked at 374,078 constant LCU per person in 2023 and was at its lowest, 269,529 constant LCU per person, in 2010.
That places Faroe Islands 58th out of 212 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
GDP (constant LCU), per capita in Faroe Islands, year by year
| Year | constant LCU per person | Change |
|---|---|---|
| 2008 | 284,100 constant LCU per person | — |
| 2009 | 269,814 constant LCU per person | -5.0% |
| 2010 | 269,529 constant LCU per person | -0.1% |
| 2011 | 279,797 constant LCU per person | +3.8% |
| 2012 | 301,174 constant LCU per person | +7.6% |
| 2013 | 319,109 constant LCU per person | +6.0% |
| 2014 | 335,179 constant LCU per person | +5.0% |
| 2015 | 335,130 constant LCU per person | -0.0% |
| 2016 | 335,896 constant LCU per person | +0.2% |
| 2017 | 342,731 constant LCU per person | +2.0% |
| 2018 | 346,554 constant LCU per person | +1.1% |
| 2019 | 356,735 constant LCU per person | +2.9% |
| 2020 | 345,747 constant LCU per person | -3.1% |
| 2021 | 359,781 constant LCU per person | +4.1% |
| 2022 | 368,345 constant LCU per person | +2.4% |
| 2023 | 374,078 constant LCU per person | +1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 276,957 constant LCU per person | 269,814 constant LCU per person | 284,100 constant LCU per person | 2 |
| 2010s | 322,183 constant LCU per person | 269,529 constant LCU per person | 356,735 constant LCU per person | 10 |
| 2020s | 361,988 constant LCU per person | 345,747 constant LCU per person | 374,078 constant LCU per person | 4 |
Countries ranked near Faroe Islands
- 55 Cape Verde 444,796 constant LCU per person compare
- 56 Mauritius 436,073 constant LCU per person compare
- 57 Hong Kong 395,122 constant LCU per person compare
- 59 Malawi 367,164 constant LCU per person compare
- 60 Nigeria 346,428 constant LCU per person compare
- 61 Niger 345,869 constant LCU per person compare
More population data for Faroe Islands
- Population regions with projections, annual growth rate -0.2397 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -1.07 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.2397 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate 0.1096 % change on previous year (2100)
- Projected population under age 5, annual growth rate -0.4747 % change on previous year (2100)
- World population growth -0.2% (2100)
- Population density 46.18 people per km² (2100)
- Number of children under 5, by world region 2,935 people (2100)
- Population growth rate, by level of development -0.2% (2100)
- Number of people living in urban and rural areas, annual growth rate 1.68 % change on previous year (2025)
Frequently asked questions
- What is gdp (constant lcu), per capita in Faroe Islands?
- Gdp (constant lcu), per capita in Faroe Islands was 374,078 constant LCU per person in 2023, according to Statizoid (derived).
- What is the highest gdp (constant lcu), per capita recorded in Faroe Islands?
- The highest recorded value was 374,078 constant LCU per person in 2023.
- What is the lowest gdp (constant lcu), per capita recorded in Faroe Islands?
- The lowest recorded value was 269,529 constant LCU per person in 2010.
- How does Faroe Islands rank for gdp (constant lcu), per capita?
- Faroe Islands ranks 58th out of 212 countries with data for 2023.
- Is gdp (constant lcu), per capita rising or falling in Faroe Islands?
- Over the last ten years it is up 17.2%. The long-run trend across the full record is rising.
- Where does this Faroe Islands data come from?
- The figures come from Statizoid (derived), published as part of GDP (constant LCU), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
GDP (constant LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
GDP (constant LCU) ÷ Population, total
Computed from
- GDP UNESCO Institute for Statistics
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
GDP (constant LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.