GDP per capita, PPP (current international $) (UNESCO Institute) in Faroe Islands
Faroe Islands: GDP per capita, PPP (current international $) (UNESCO Institute) was 78,165 current international $ in 2023. ▲ Rising
Latest (2023)
78,165 current international $
Change on year
up 5.2%
World rank
17th
of 202 countries
All-time high
78,165 current international $
in 2023
All-time low
39,331 current international $
in 2009
Years of data
16
2008–2023
GDP per capita, PPP in Faroe Islands, 2008–2023
Source: UNESCO Institute for Statistics. Measured in current international $.
Analysis
In 2023, gdp per capita, ppp in Faroe Islands stood at 78,165 current international $. That is the highest value across all 16 years on record.
That represents a change of up 5.2% on the previous year and up 57.0% over ten years.
Over the whole period, gdp per capita, ppp in Faroe Islands peaked at 78,165 current international $ in 2023 and was at its lowest, 39,331 current international $, in 2009.
Faroe Islands ranks 17th of 202 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 16 years of available data.
GDP per capita, PPP (current international $) (UNESCO Institute) in Faroe Islands, year by year
| Year | current international $ | Change |
|---|---|---|
| 2008 | 41,160 current international $ | — |
| 2009 | 39,331 current international $ | -4.4% |
| 2010 | 39,767 current international $ | +1.1% |
| 2011 | 42,133 current international $ | +6.0% |
| 2012 | 46,197 current international $ | +9.6% |
| 2013 | 49,781 current international $ | +7.8% |
| 2014 | 53,198 current international $ | +6.9% |
| 2015 | 53,682 current international $ | +0.9% |
| 2016 | 54,318 current international $ | +1.2% |
| 2017 | 56,416 current international $ | +3.9% |
| 2018 | 58,933 current international $ | +4.5% |
| 2019 | 62,222 current international $ | +5.6% |
| 2020 | 61,648 current international $ | -0.9% |
| 2021 | 67,770 current international $ | +9.9% |
| 2022 | 74,317 current international $ | +9.7% |
| 2023 | 78,165 current international $ | +5.2% |
Faroe Islands compared with similar countries
- Faroe Islands's 78,165 current international $ is above the median for high income countries, which is 56,866 current international $, 1.4× the median. (74 countries reporting)
- Faroe Islands's 78,165 current international $ is above the median for Europe & Central Asia, which is 49,856 current international $, 1.6× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 40,245 current international $ | 39,331 current international $ | 41,160 current international $ | 2 |
| 2010s | 51,665 current international $ | 39,767 current international $ | 62,222 current international $ | 10 |
| 2020s | 70,475 current international $ | 61,648 current international $ | 78,165 current international $ | 4 |
Countries ranked near Faroe Islands
- 14 Denmark 79,514 current international $ compare
- 15 Greenland 78,841 current international $ compare
- 16 Iceland 78,259 current international $ compare
- 18 United Arab Emirates 77,959 current international $ compare
- 19 San Marino 75,942 current international $ compare
- 20 Hong Kong 75,216 current international $ 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)
- Population growth rate -0.247 (2100)
- Population density 46.18 (2100)
- Projected population under age 5 2,935 (2100)
- Population growth rate by level of development -0.247 (2100)
- Urbanization vs gdp, annual growth rate 0.5838 % change on previous year (2025)
Frequently asked questions
- What is gdp per capita, ppp in Faroe Islands?
- Gdp per capita, ppp in Faroe Islands was 78,165 current 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 78,165 current international $ in 2023.
- What is the lowest gdp per capita, ppp recorded in Faroe Islands?
- The lowest recorded value was 39,331 current international $ in 2009.
- How does Faroe Islands rank for gdp per capita, ppp?
- Faroe Islands ranks 17th out of 202 countries with data for 2023.
- Is gdp per capita, ppp rising or falling in Faroe Islands?
- Over the last ten years it is up 57.0%. 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 (current international $). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release