GDP per capita, PPP in Faroe Islands
Faroe Islands: GDP per capita, PPP was 70,429 constant 2011 international $ in 2023. β² Rising
GDP per capita, PPP in Faroe Islands, 2008β2023
Source: UNESCO Institute for Statistics. Measured in constant 2011 international $.
Analysis
Faroe Islands recorded 70,429 constant 2011 international $ for gdp per capita, ppp in 2023. That is the highest value across all 16 years on record.
The figure is up 1.5% on the previous year and up 17.1% over ten years.
Over the whole period, gdp per capita, ppp in Faroe Islands peaked at 70,429 constant 2011 international $ in 2023 and was at its lowest, 50,782 constant 2011 international $, in 2010.
That places Faroe Islands 16th out of 198 countries with data for 2023, putting it in the top 10%.
The long-run direction has been consistently rising across the 16 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 52,182 constant 2011 international $ | 50,836 constant 2011 international $ | 53,529 constant 2011 international $ | 2 |
| 2010s | 60,703 constant 2011 international $ | 50,782 constant 2011 international $ | 67,210 constant 2011 international $ | 10 |
| 2020s | 68,177 constant 2011 international $ | 65,137 constant 2011 international $ | 70,429 constant 2011 international $ | 4 |
Countries ranked near Faroe Islands
- 13 Greenland 71,038 constant 2011 international $ compare
- 14 Netherlands, The 70,902 constant 2011 international $ compare
- 15 San Marino, Republic of 70,888 constant 2011 international $ compare
- 17 Guyana 70,297 constant 2011 international $ compare
- 18 United Arab Emirates 68,585 constant 2011 international $ compare
- 19 Hong Kong Special Administrative Region, People's Republic of China 66,171 constant 2011 international $ compare
More population data for Faroe Islands
- Population growth rate by level of development -0.247 (2100)
- Projected population under age 5 2,935 (2100)
- Population density 46.18 (2100)
- Population growth rate -0.247 (2100)
- Projected population under age 5, annual growth rate -0.4747 % change on previous year (2100)
- Fertility and wanted fertility 1.91 (2024)
- Fertility vs unmet contraception 1.91 (2024)
- Fertility vs contraception 1.91 (2024)
- Natural population growth 0.2303 (2023)
- Fertility rate with projections 2.24 (2023)
Frequently asked questions
- What is gdp per capita, ppp in Faroe Islands?
- Gdp per capita, ppp in Faroe Islands was 70,429 constant 2011 international $ in 2023, according to UNESCO Institute for Statistics.
- What is the highest gdp per capita, ppp recorded in Faroe Islands?
- The highest recorded value was 70,429 constant 2011 international $ in 2023.
- What is the lowest gdp per capita, ppp recorded in Faroe Islands?
- The lowest recorded value was 50,782 constant 2011 international $ in 2010.
- How does Faroe Islands rank for gdp per capita, ppp?
- Faroe Islands ranks 16th out of 198 countries with data for 2023.
- Is gdp per capita, ppp rising or falling in Faroe Islands?
- Over the last ten years it is up 17.1%. The long-run trend across the full record is rising.
- Where does this Faroe Islands data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP per capita, PPP (constant 2011 international $). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 16 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release