How does Faroe Islands rank for number of people living in urban and rural areas, per unit of gdp?

Faroe Islands ranks 208th out of 211 countries with data for 2024.

Is number of people living in urban and rural areas, per unit of gdp rising or falling in Faroe Islands?

Over the last ten years it is down 14.6%. The long-run trend across the full record is volatile.

Number of people living in urban and rural areas, per unit of GDP in Faroe Islands

Name: Number of people living in urban and rural areas, per unit of GDP in Faroe Islands
Creator: Statizoid (derived)
License: Derived by Statizoid from the sources named on the page

Faroe Islands: Number of people living in urban and rural areas, per unit of GDP was 0 people per US$ of GDP in 2024. ◆ Volatile

Latest (2024)

0 people per US$ of GDP

Change on year

down 0.9%

World rank

208th

of 211 countries

All-time high

0.0002 people per US$ of GDP

in 1965

All-time low

0 people per US$ of GDP

in 2024

Years of data

1965–2024

Number of people living in urban and rural areas, per unit of GDP in Faroe Islands, 1965–2024

Source: Statizoid (derived). Measured in people per US$ of GDP.

Analysis

In 2024, number of people living in urban and rural areas, per unit of gdp in Faroe Islands stood at 0 people per US$ of GDP. That is the lowest value across all 60 years on record.

The figure is down 0.9% on the previous year and down 14.6% over ten years.

Over the whole period, number of people living in urban and rural areas, per unit of gdp in Faroe Islands peaked at 0.0002 people per US$ of GDP in 1965 and was at its lowest, 0 people per US$ of GDP, in 2024.

That places Faroe Islands 208th out of 211 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Number of people living in urban and rural areas, per unit of GDP in Faroe Islands, year by year

Annual values for Number of people living in urban and rural areas, per unit of GDP in Faroe Islands, 1965 to 2024.
Year	people per US$ of GDP	Change
1965	0.0002 people per US$ of GDP	—
1966	0.0001 people per US$ of GDP	-6.1%
1967	0.0001 people per US$ of GDP	+1.0%
1968	0.0002 people per US$ of GDP	+5.2%
1969	0.0001 people per US$ of GDP	-4.0%
1970	0.0001 people per US$ of GDP	-14.9%
1971	0.0001 people per US$ of GDP	-11.6%
1972	0.0001 people per US$ of GDP	-14.0%
1973	0.0001 people per US$ of GDP	-23.5%
1974	0.0001 people per US$ of GDP	-15.5%
1975	0.0001 people per US$ of GDP	-11.1%
1976	0 people per US$ of GDP	-14.0%
1977	0 people per US$ of GDP	-21.0%
1978	0 people per US$ of GDP	-11.6%
1979	0 people per US$ of GDP	-9.9%
1980	0 people per US$ of GDP	-7.5%
1981	0 people per US$ of GDP	+9.6%
1982	0 people per US$ of GDP	+4.6%
1983	0 people per US$ of GDP	-6.9%
1984	0 people per US$ of GDP	+16.3%
1985	0 people per US$ of GDP	-6.7%
1986	0 people per US$ of GDP	-32.3%
1987	0 people per US$ of GDP	-20.4%
1988	0 people per US$ of GDP	-7.1%
1989	0 people per US$ of GDP	+13.6%
1990	0 people per US$ of GDP	-8.9%
1991	0 people per US$ of GDP	+4.9%
1992	0 people per US$ of GDP	-1.2%
1993	0 people per US$ of GDP	+18.3%
1994	0 people per US$ of GDP	-2.6%
1995	0 people per US$ of GDP	-15.4%
1996	0 people per US$ of GDP	-6.8%
1997	0 people per US$ of GDP	+7.7%
1998	0 people per US$ of GDP	-14.1%
1999	0 people per US$ of GDP	-0.8%
2000	0 people per US$ of GDP	+6.8%
2001	0 people per US$ of GDP	-6.3%
2002	0 people per US$ of GDP	-7.8%
2003	0 people per US$ of GDP	-13.6%
2004	0 people per US$ of GDP	-11.4%
2005	0 people per US$ of GDP	-1.2%
2006	0 people per US$ of GDP	-12.4%
2007	0 people per US$ of GDP	-14.0%
2008	0 people per US$ of GDP	-5.6%
2009	0 people per US$ of GDP	+9.7%
2010	0 people per US$ of GDP	-1.2%
2011	0 people per US$ of GDP	-7.3%
2012	0 people per US$ of GDP	+3.6%
2013	0 people per US$ of GDP	-8.4%
2014	0 people per US$ of GDP	-6.9%
2015	0 people per US$ of GDP	+14.9%
2016	0 people per US$ of GDP	-6.9%
2017	0 people per US$ of GDP	-4.2%
2018	0 people per US$ of GDP	-4.9%
2019	0 people per US$ of GDP	-0.9%
2020	0 people per US$ of GDP	+2.0%
2021	0 people per US$ of GDP	-10.0%
2022	0 people per US$ of GDP	+4.2%
2023	0 people per US$ of GDP	-6.6%
2024	0 people per US$ of GDP	-0.9%

Faroe Islands compared with similar countries

Faroe Islands's 0 people per US$ of GDP is below the median for high income countries, which is 0 people per US$ of GDP, 29% of the median. (82 countries reporting)
Faroe Islands's 0 people per US$ of GDP is below the median for Europe & Central Asia, which is 0 people per US$ of GDP, 27% of the median. (55 countries reporting)

Averages by decade

Decade	Average	Lowest	Highest	Years
1960s	0.0001 people per US$ of GDP	0.0001 people per US$ of GDP	0.0002 people per US$ of GDP	5
1970s	0.0001 people per US$ of GDP	0 people per US$ of GDP	0.0001 people per US$ of GDP	10
1980s	0 people per US$ of GDP	0 people per US$ of GDP	0 people per US$ of GDP	10
1990s	0 people per US$ of GDP	0 people per US$ of GDP	0 people per US$ of GDP	10
2000s	0 people per US$ of GDP	0 people per US$ of GDP	0 people per US$ of GDP	10
2010s	0 people per US$ of GDP	0 people per US$ of GDP	0 people per US$ of GDP	10
2020s	0 people per US$ of GDP	0 people per US$ of GDP	0 people per US$ of GDP	5

Countries ranked near Faroe Islands

205 Bermuda 0 people per US$ of GDP compare
206 Luxembourg 0 people per US$ of GDP compare
207 Isle of Man 0 people per US$ of GDP compare
209 Ireland 0 people per US$ of GDP compare
210 Monaco 0 people per US$ of GDP compare
211 Liechtenstein 0 people per US$ of GDP compare

See the full ranking of 211 places →

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)

All data for Faroe Islands →

Frequently asked questions

What is number of people living in urban and rural areas, per unit of gdp in Faroe Islands?: Number of people living in urban and rural areas, per unit of gdp in Faroe Islands was 0 people per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest number of people living in urban and rural areas, per unit of gdp recorded in Faroe Islands?: The highest recorded value was 0.0002 people per US$ of GDP in 1965.
What is the lowest number of people living in urban and rural areas, per unit of gdp recorded in Faroe Islands?: The lowest recorded value was 0 people per US$ of GDP in 2024.
How does Faroe Islands rank for number of people living in urban and rural areas, per unit of gdp?: Faroe Islands ranks 208th out of 211 countries with data for 2024.
Is number of people living in urban and rural areas, per unit of gdp rising or falling in Faroe Islands?: Over the last ten years it is down 14.6%. 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 Number of people living in urban and rural areas, per unit of GDP. Statizoid updates them automatically from the source API.

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Number of people living in urban and rural areas, per unit of GDP in Faroe Islands. Statizoid, drawing on Statizoid (derived). Retrieved 17 September 2026, from https://population.statizoid.com/stat/number-of-people-living-in-urban-and-rural-areas-per-unit-of-gdp/faroe-islands/

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<a href="https://population.statizoid.com/stat/number-of-people-living-in-urban-and-rural-areas-per-unit-of-gdp/faroe-islands/">Number of people living in urban and rural areas, per unit of GDP in Faroe Islands</a> — Statizoid

How this figure is calculated

Number of people living in urban and rural areas divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Number of people living in urban and rural areas ÷ GDP (current US$)

Computed from

Number of people living in urban and rural areas United Nations Department of Economic and Social Affairs, Population Division (2025) – with minor processing by Our World in Data
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

Indicator: Number of people living in urban and rural areas, per unit of GDP
Unit: people per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 211 places, 11,717 data points, 1960–2025
Last refreshed: 29 August 2026

Number of people living in urban and rural areas divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.