GDP (current LCU), per square kilometre in Faroe Islands
Faroe Islands: GDP (current LCU), per square kilometre was 19.65 million current LCU per square kilometre in 2023. ◆ Volatile
GDP (current LCU), per square kilometre in Faroe Islands, 1970–2023
Source: Statizoid (derived). Measured in current LCU per square kilometre.
Analysis
Faroe Islands recorded 19.65 million current LCU per square kilometre for gdp (current lcu), per square kilometre in 2023. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 6.7% on the previous year and up 81.6% over ten years.
Over the whole period, gdp (current lcu), per square kilometre in Faroe Islands peaked at 19.65 million current LCU per square kilometre in 2023 and was at its lowest, 456,304 current LCU per square kilometre, in 1970.
Faroe Islands ranks 90th of 210 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current LCU), per square kilometre in Faroe Islands, year by year
| Year | current LCU per square kilometre | Change |
|---|---|---|
| 1970 | 456,304 current LCU per square kilometre | — |
| 1971 | 527,149 current LCU per square kilometre | +15.5% |
| 1972 | 594,054 current LCU per square kilometre | +12.7% |
| 1973 | 698,711 current LCU per square kilometre | +17.6% |
| 1974 | 859,097 current LCU per square kilometre | +23.0% |
| 1975 | 936,032 current LCU per square kilometre | +9.0% |
| 1976 | 1.17 million current LCU per square kilometre | +25.1% |
| 1977 | 1.50 million current LCU per square kilometre | +27.7% |
| 1978 | 1.57 million current LCU per square kilometre | +5.1% |
| 1979 | 1.69 million current LCU per square kilometre | +7.6% |
| 1980 | 1.99 million current LCU per square kilometre | +17.7% |
| 1981 | 2.33 million current LCU per square kilometre | +17.0% |
| 1982 | 2.65 million current LCU per square kilometre | +13.8% |
| 1983 | 3.19 million current LCU per square kilometre | +20.3% |
| 1984 | 3.16 million current LCU per square kilometre | -0.9% |
| 1985 | 3.49 million current LCU per square kilometre | +10.3% |
| 1986 | 3.99 million current LCU per square kilometre | +14.5% |
| 1987 | 4.34 million current LCU per square kilometre | +8.8% |
| 1988 | 4.67 million current LCU per square kilometre | +7.5% |
| 1989 | 4.57 million current LCU per square kilometre | -2.2% |
| 1990 | 4.26 million current LCU per square kilometre | -6.7% |
| 1991 | 4.17 million current LCU per square kilometre | -2.2% |
| 1992 | 3.95 million current LCU per square kilometre | -5.3% |
| 1993 | 3.53 million current LCU per square kilometre | -10.4% |
| 1994 | 3.46 million current LCU per square kilometre | -2.2% |
| 1995 | 3.62 million current LCU per square kilometre | +4.6% |
| 1996 | 4.11 million current LCU per square kilometre | +13.6% |
| 1997 | 4.42 million current LCU per square kilometre | +7.5% |
| 1998 | 5.30 million current LCU per square kilometre | +20.0% |
| 1999 | 5.64 million current LCU per square kilometre | +6.3% |
| 2000 | 6.18 million current LCU per square kilometre | +9.6% |
| 2001 | 6.92 million current LCU per square kilometre | +12.0% |
| 2002 | 7.21 million current LCU per square kilometre | +4.2% |
| 2003 | 7.09 million current LCU per square kilometre | -1.7% |
| 2004 | 7.40 million current LCU per square kilometre | +4.4% |
| 2005 | 7.56 million current LCU per square kilometre | +2.1% |
| 2006 | 8.60 million current LCU per square kilometre | +13.7% |
| 2007 | 9.12 million current LCU per square kilometre | +6.1% |
| 2008 | 9.09 million current LCU per square kilometre | -0.3% |
| 2009 | 8.82 million current LCU per square kilometre | -3.0% |
| 2010 | 9.39 million current LCU per square kilometre | +6.5% |
| 2011 | 9.64 million current LCU per square kilometre | +2.6% |
| 2012 | 10.07 million current LCU per square kilometre | +4.5% |
| 2013 | 10.82 million current LCU per square kilometre | +7.5% |
| 2014 | 11.72 million current LCU per square kilometre | +8.2% |
| 2015 | 12.40 million current LCU per square kilometre | +5.9% |
| 2016 | 13.57 million current LCU per square kilometre | +9.4% |
| 2017 | 14.10 million current LCU per square kilometre | +3.9% |
| 2018 | 14.42 million current LCU per square kilometre | +2.3% |
| 2019 | 15.61 million current LCU per square kilometre | +8.2% |
| 2020 | 15.67 million current LCU per square kilometre | +0.4% |
| 2021 | 16.82 million current LCU per square kilometre | +7.3% |
| 2022 | 18.42 million current LCU per square kilometre | +9.5% |
| 2023 | 19.65 million current LCU per square kilometre | +6.7% |
Faroe Islands compared with similar countries
- Faroe Islands's 19.65 million current LCU per square kilometre is above the median for high income countries, which is 12.55 million current LCU per square kilometre, 1.6× the median. (82 countries reporting)
- Faroe Islands's 19.65 million current LCU per square kilometre is above the median for Europe & Central Asia, which is 9.22 million current LCU per square kilometre, 2.1× the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.00 million current LCU per square kilometre | 456,304 current LCU per square kilometre | 1.69 million current LCU per square kilometre | 10 |
| 1980s | 3.44 million current LCU per square kilometre | 1.99 million current LCU per square kilometre | 4.67 million current LCU per square kilometre | 10 |
| 1990s | 4.24 million current LCU per square kilometre | 3.46 million current LCU per square kilometre | 5.64 million current LCU per square kilometre | 10 |
| 2000s | 7.80 million current LCU per square kilometre | 6.18 million current LCU per square kilometre | 9.12 million current LCU per square kilometre | 10 |
| 2010s | 12.17 million current LCU per square kilometre | 9.39 million current LCU per square kilometre | 15.61 million current LCU per square kilometre | 10 |
| 2020s | 17.64 million current LCU per square kilometre | 15.67 million current LCU per square kilometre | 19.65 million current LCU per square kilometre | 4 |
Countries ranked near Faroe Islands
- 87 Yemen 21.93 million current LCU per square kilometre compare
- 88 Bahrain 21.71 million current LCU per square kilometre compare
- 89 Switzerland 20.34 million current LCU per square kilometre compare
- 91 Belgium 19.55 million current LCU per square kilometre compare
- 92 Uruguay 17.30 million current LCU per square kilometre compare
- 93 Guyana 16.71 million current LCU per square kilometre 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 (current lcu), per square kilometre in Faroe Islands?
- Gdp (current lcu), per square kilometre in Faroe Islands was 19.65 million current LCU per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gdp (current lcu), per square kilometre recorded in Faroe Islands?
- The highest recorded value was 19.65 million current LCU per square kilometre in 2023.
- What is the lowest gdp (current lcu), per square kilometre recorded in Faroe Islands?
- The lowest recorded value was 456,304 current LCU per square kilometre in 1970.
- How does Faroe Islands rank for gdp (current lcu), per square kilometre?
- Faroe Islands ranks 90th out of 210 countries with data for 2023.
- Is gdp (current lcu), per square kilometre rising or falling in Faroe Islands?
- Over the last ten years it is up 81.6%. The long-run trend across the full record is volatile.
- Where does this Faroe Islands data come from?
- The figures come from Statizoid (derived), published as part of GDP (current LCU), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
GDP (current LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
GDP (current LCU) ÷ Land area (sq. km)
Computed from
- GDP UNESCO Institute for Statistics
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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 (current LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.