GNI per capita, PPP (current international $) (UNESCO Institute) in Faroe Islands
Faroe Islands: GNI per capita, PPP (current international $) (UNESCO Institute) was 78,730 current international $ in 2023. ▲ Rising
Latest (2023)
78,730 current international $
Change on year
up 3.3%
World rank
14th
of 201 countries
All-time high
78,730 current international $
in 2023
All-time low
38,440 current international $
in 2009
Years of data
16
2008–2023
GNI per capita, PPP in Faroe Islands, 2008–2023
Source: UNESCO Institute for Statistics. Measured in current international $.
Analysis
In 2023, gni per capita, ppp in Faroe Islands stood at 78,730 current international $. That is the highest value across all 16 years on record.
That represents a change of up 3.3% on the previous year and up 50.0% over ten years.
Over the whole period, gni per capita, ppp in Faroe Islands peaked at 78,730 current international $ in 2023 and was at its lowest, 38,440 current international $, in 2009.
That places Faroe Islands 14th out of 201 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.
GNI per capita, PPP (current international $) (UNESCO Institute) in Faroe Islands, year by year
| Year | current international $ | Change |
|---|---|---|
| 2008 | 41,420 current international $ | — |
| 2009 | 38,440 current international $ | -7.2% |
| 2010 | 40,280 current international $ | +4.8% |
| 2011 | 44,410 current international $ | +10.3% |
| 2012 | 48,600 current international $ | +9.4% |
| 2013 | 52,500 current international $ | +8.0% |
| 2014 | 55,110 current international $ | +5.0% |
| 2015 | 55,140 current international $ | +0.1% |
| 2016 | 56,300 current international $ | +2.1% |
| 2017 | 58,310 current international $ | +3.6% |
| 2018 | 60,620 current international $ | +4.0% |
| 2019 | 64,010 current international $ | +5.6% |
| 2020 | 63,130 current international $ | -1.4% |
| 2021 | 70,120 current international $ | +11.1% |
| 2022 | 76,180 current international $ | +8.6% |
| 2023 | 78,730 current international $ | +3.3% |
Faroe Islands compared with similar countries
- Faroe Islands's 78,730 current international $ is above the median for high income countries, which is 55,120 current international $, 1.4× the median. (73 countries reporting)
- Faroe Islands's 78,730 current international $ is above the median for Europe & Central Asia, which is 48,470 current international $, 1.6× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 39,930 current international $ | 38,440 current international $ | 41,420 current international $ | 2 |
| 2010s | 53,528 current international $ | 40,280 current international $ | 64,010 current international $ | 10 |
| 2020s | 72,040 current international $ | 63,130 current international $ | 78,730 current international $ | 4 |
Countries ranked near Faroe Islands
- 11 Netherlands 83,040 current international $ compare
- 12 Hong Kong 82,340 current international $ compare
- 13 Denmark 82,240 current international $ compare
- 15 Andorra 78,170 current international $ compare
- 16 United Arab Emirates 78,110 current international $ compare
- 17 Iceland 78,080 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 gni per capita, ppp in Faroe Islands?
- Gni per capita, ppp in Faroe Islands was 78,730 current international $ in 2023, according to UNESCO Institute for Statistics.
- What is the highest gni per capita, ppp recorded in Faroe Islands?
- The highest recorded value was 78,730 current international $ in 2023.
- What is the lowest gni per capita, ppp recorded in Faroe Islands?
- The lowest recorded value was 38,440 current international $ in 2009.
- How does Faroe Islands rank for gni per capita, ppp?
- Faroe Islands ranks 14th out of 201 countries with data for 2023.
- Is gni per capita, ppp rising or falling in Faroe Islands?
- Over the last ten years it is up 50.0%. 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 GNI 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