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

Latest (2023)
19.65 million current LCU per square kilometre
Change on year
up 6.7%
World rank
90th
of 210 countries
All-time high
19.65 million current LCU per square kilometre
in 2023
All-time low
456,304 current LCU per square kilometre
in 1970
Years of data
54
1970–2023

GDP (current LCU), per square kilometre in Faroe Islands, 1970–2023

05.0M10.0M15.0M20.0M197019962023

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

Annual values for GDP (current LCU), per square kilometre in Faroe Islands, 1970 to 2023.
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

DecadeAverage LowestHighest 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

  1. 87 Yemen 21.93 million current LCU per square kilometre compare
  2. 88 Bahrain 21.71 million current LCU per square kilometre compare
  3. 89 Switzerland 20.34 million current LCU per square kilometre compare
  4. 91 Belgium 19.55 million current LCU per square kilometre compare
  5. 92 Uruguay 17.30 million current LCU per square kilometre compare
  6. 93 Guyana 16.71 million current LCU per square kilometre compare

See the full ranking of 210 places →

More population data for Faroe Islands

All data for Faroe Islands →

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.

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GDP (current LCU), per square kilometre in Faroe Islands. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/stat/gdp-current-lcu-per-square-kilometre-2/faroe-islands/

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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

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

Indicator
GDP (current LCU), per square kilometre
Unit
current LCU per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
210 places, 9,868 data points, 1970–2023
Last refreshed

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.