GDP (current US$), per unit of GDP in Faroe Islands
Faroe Islands: GDP (current US$), per unit of GDP was 0.9909 current US$ per US$ of GDP in 2023. ▬ Flat
Latest (2023)
0.9909 current US$ per US$ of GDP
Change on year
up 0.4%
World rank
138th
of 211 countries
All-time high
1 current US$ per US$ of GDP
in 1970
All-time low
0.9866 current US$ per US$ of GDP
in 2022
Years of data
54
1970–2023
GDP (current US$), per unit of GDP in Faroe Islands, 1970–2023
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2023, gdp (current us$), per unit of gdp in Faroe Islands stood at 0.9909 current US$ per US$ of GDP.
That represents a change of up 0.4% on the previous year and down 0.9% over ten years.
Over the whole period, gdp (current us$), per unit of gdp in Faroe Islands peaked at 1 current US$ per US$ of GDP in 1970 and was at its lowest, 0.9866 current US$ per US$ of GDP, in 2022.
That places Faroe Islands 138th out of 211 countries with data for 2023, putting it in the middle of the range.
GDP (current US$), per unit of GDP in Faroe Islands, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 1 current US$ per US$ of GDP | — |
| 1971 | 1 current US$ per US$ of GDP | +0.0% |
| 1972 | 1 current US$ per US$ of GDP | +0.0% |
| 1973 | 1 current US$ per US$ of GDP | +0.0% |
| 1974 | 1 current US$ per US$ of GDP | +0.0% |
| 1975 | 1 current US$ per US$ of GDP | +0.0% |
| 1976 | 1 current US$ per US$ of GDP | +0.0% |
| 1977 | 1 current US$ per US$ of GDP | +0.0% |
| 1978 | 1 current US$ per US$ of GDP | +0.0% |
| 1979 | 1 current US$ per US$ of GDP | +0.0% |
| 1980 | 1 current US$ per US$ of GDP | +0.0% |
| 1981 | 1 current US$ per US$ of GDP | +0.0% |
| 1982 | 1 current US$ per US$ of GDP | +0.0% |
| 1983 | 1 current US$ per US$ of GDP | +0.0% |
| 1984 | 1 current US$ per US$ of GDP | +0.0% |
| 1985 | 1 current US$ per US$ of GDP | +0.0% |
| 1986 | 1 current US$ per US$ of GDP | +0.0% |
| 1987 | 1 current US$ per US$ of GDP | +0.0% |
| 1988 | 1 current US$ per US$ of GDP | +0.0% |
| 1989 | 1 current US$ per US$ of GDP | +0.0% |
| 1990 | 1 current US$ per US$ of GDP | +0.0% |
| 1991 | 1 current US$ per US$ of GDP | +0.0% |
| 1992 | 1 current US$ per US$ of GDP | +0.0% |
| 1993 | 1 current US$ per US$ of GDP | +0.0% |
| 1994 | 1 current US$ per US$ of GDP | +0.0% |
| 1995 | 1 current US$ per US$ of GDP | +0.0% |
| 1996 | 1 current US$ per US$ of GDP | +0.0% |
| 1997 | 1 current US$ per US$ of GDP | +0.0% |
| 1998 | 1 current US$ per US$ of GDP | +0.0% |
| 1999 | 1 current US$ per US$ of GDP | +0.0% |
| 2000 | 1 current US$ per US$ of GDP | +0.0% |
| 2001 | 1 current US$ per US$ of GDP | +0.0% |
| 2002 | 1 current US$ per US$ of GDP | +0.0% |
| 2003 | 1 current US$ per US$ of GDP | +0.0% |
| 2004 | 1 current US$ per US$ of GDP | +0.0% |
| 2005 | 1 current US$ per US$ of GDP | +0.0% |
| 2006 | 1 current US$ per US$ of GDP | +0.0% |
| 2007 | 1 current US$ per US$ of GDP | +0.0% |
| 2008 | 1 current US$ per US$ of GDP | +0.0% |
| 2009 | 1 current US$ per US$ of GDP | +0.0% |
| 2010 | 1 current US$ per US$ of GDP | +0.0% |
| 2011 | 1 current US$ per US$ of GDP | +0.0% |
| 2012 | 1 current US$ per US$ of GDP | +0.0% |
| 2013 | 1 current US$ per US$ of GDP | +0.0% |
| 2014 | 1 current US$ per US$ of GDP | +0.0% |
| 2015 | 1 current US$ per US$ of GDP | +0.0% |
| 2016 | 1 current US$ per US$ of GDP | +0.0% |
| 2017 | 1 current US$ per US$ of GDP | +0.0% |
| 2018 | 1 current US$ per US$ of GDP | +0.0% |
| 2019 | 1 current US$ per US$ of GDP | +0.0% |
| 2020 | 1 current US$ per US$ of GDP | +0.0% |
| 2021 | 0.9906 current US$ per US$ of GDP | -0.9% |
| 2022 | 0.9866 current US$ per US$ of GDP | -0.4% |
| 2023 | 0.9909 current US$ per US$ of GDP | +0.4% |
Faroe Islands compared with similar countries
- Faroe Islands's 0.9909 current US$ per US$ of GDP is below the median for high income countries, which is 0.9969 current US$ per US$ of GDP, 99% of the median. (82 countries reporting)
- Faroe Islands's 0.9909 current US$ per US$ of GDP is below the median for Europe & Central Asia, which is 0.9942 current US$ per US$ of GDP, 100% of the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1 current US$ per US$ of GDP | 1 current US$ per US$ of GDP | 1 current US$ per US$ of GDP | 10 |
| 1980s | 1 current US$ per US$ of GDP | 1 current US$ per US$ of GDP | 1 current US$ per US$ of GDP | 10 |
| 1990s | 1 current US$ per US$ of GDP | 1 current US$ per US$ of GDP | 1 current US$ per US$ of GDP | 10 |
| 2000s | 1 current US$ per US$ of GDP | 1 current US$ per US$ of GDP | 1 current US$ per US$ of GDP | 10 |
| 2010s | 1 current US$ per US$ of GDP | 1 current US$ per US$ of GDP | 1 current US$ per US$ of GDP | 10 |
| 2020s | 0.992 current US$ per US$ of GDP | 0.9866 current US$ per US$ of GDP | 1 current US$ per US$ of GDP | 4 |
Countries ranked near Faroe Islands
- 135 Peru 0.9913 current US$ per US$ of GDP compare
- 136 Mongolia 0.9912 current US$ per US$ of GDP compare
- 137 Nepal 0.9911 current US$ per US$ of GDP compare
- 139 Belgium 0.9904 current US$ per US$ of GDP compare
- 140 Niger 0.9903 current US$ per US$ of GDP compare
- 141 Madagascar 0.9902 current US$ per US$ of GDP 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 us$), per unit of gdp in Faroe Islands?
- Gdp (current us$), per unit of gdp in Faroe Islands was 0.9909 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gdp (current us$), per unit of gdp recorded in Faroe Islands?
- The highest recorded value was 1 current US$ per US$ of GDP in 1970.
- What is the lowest gdp (current us$), per unit of gdp recorded in Faroe Islands?
- The lowest recorded value was 0.9866 current US$ per US$ of GDP in 2022.
- How does Faroe Islands rank for gdp (current us$), per unit of gdp?
- Faroe Islands ranks 138th out of 211 countries with data for 2023.
- Is gdp (current us$), per unit of gdp rising or falling in Faroe Islands?
- Over the last ten years it is down 0.9%. The long-run trend across the full record is flat.
- Where does this Faroe Islands data come from?
- The figures come from Statizoid (derived), published as part of GDP (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
GDP (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
GDP (current US$) ÷ GDP (current US$)
Computed from
- GDP UNESCO Institute for Statistics
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
GDP (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.