Population by income level in Faroe Islands

Faroe Islands: Population by income level was 54,900 in 2025. ▲ Rising

Latest (2025)
54,900
Change on year
up 0.5%
World rank
200th
of 215 countries
All-time high
54,900
in 2025
All-time low
34,127
in 1960
Years of data
66
1960–2025

Population by income level in Faroe Islands, 1960–2025

020.0k40.0k60.0k196019922025

Source: United Nations Population Division, national statistical offices, and Eurostat, via World Bank (2026) – processed by Our World in Data.

Analysis

Faroe Islands recorded 54,900 for population by income level in 2025. That is the highest value across all 66 years on record.

The figure is up 0.5% on the previous year and up 12.3% over ten years.

Over the whole period, population by income level in Faroe Islands peaked at 54,900 in 2025 and was at its lowest, 34,127, in 1960.

Faroe Islands ranks 200th of 215 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 66 years of available data.

Population by income level in Faroe Islands, year by year

Annual values for Population by income level in Faroe Islands, 1960 to 2025.
Year Value Change
1960 34,127
1961 34,557 +1.3%
1962 34,963 +1.2%
1963 35,391 +1.2%
1964 35,847 +1.3%
1965 36,347 +1.4%
1966 36,816 +1.3%
1967 37,202 +1.0%
1968 37,560 +1.0%
1969 37,907 +0.9%
1970 38,269 +1.0%
1971 38,703 +1.1%
1972 39,172 +1.2%
1973 39,636 +1.2%
1974 40,106 +1.2%
1975 40,568 +1.2%
1976 41,020 +1.1%
1977 41,468 +1.1%
1978 41,968 +1.2%
1979 42,521 +1.3%
1980 43,072 +1.3%
1981 43,626 +1.3%
1982 44,171 +1.2%
1983 44,670 +1.1%
1984 45,141 +1.1%
1985 45,709 +1.3%
1986 46,132 +0.9%
1987 46,702 +1.2%
1988 47,356 +1.4%
1989 47,959 +1.3%
1990 47,741 -0.5%
1991 47,447 -0.6%
1992 47,287 -0.3%
1993 46,474 -1.7%
1994 44,695 -3.8%
1995 43,611 -2.4%
1996 43,581 -0.1%
1997 44,132 +1.3%
1998 44,674 +1.2%
1999 45,146 +1.1%
2000 45,754 +1.3%
2001 46,635 +1.9%
2002 47,335 +1.5%
2003 48,032 +1.5%
2004 48,384 +0.7%
2005 48,359 -0.1%
2006 48,335 -0.0%
2007 48,378 +0.1%
2008 48,547 +0.3%
2009 48,790 +0.5%
2010 48,656 -0.3%
2011 48,542 -0.2%
2012 48,290 -0.5%
2013 48,245 -0.1%
2014 48,427 +0.4%
2015 48,898 +1.0%
2016 49,463 +1.2%
2017 50,179 +1.4%
2018 50,997 +1.6%
2019 51,790 +1.6%
2020 52,561 +1.5%
2021 53,291 +1.4%
2022 53,903 +1.1%
2023 54,398 +0.9%
2024 54,640 +0.4%
2025 54,900 +0.5%

Faroe Islands compared with similar countries

  • Faroe Islands's 54,900 is below the median for high income countries, which is 2.97 million, 2% of the median. (85 countries reporting)
  • Faroe Islands's 54,900 is below the median for Europe & Central Asia, which is 6.22 million, 1% of the median. (56 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 36,072 34,127 37,907 10
1970s 40,343 38,269 42,521 10
1980s 45,454 43,072 47,959 10
1990s 45,479 43,581 47,741 10
2000s 47,855 45,754 48,790 10
2010s 49,349 48,245 51,790 10
2020s 53,949 52,561 54,900 6

Countries ranked near Faroe Islands

  1. 197 Dominica 65,871 compare
  2. 198 Bermuda 64,555 compare
  3. 199 Greenland 56,831 compare
  4. 201 Saint Kitts and Nevis 46,922 compare
  5. 202 Turks and Caicos Islands 46,855 compare
  6. 203 American Samoa 46,029 compare

See the full ranking of 215 places →

More population data for Faroe Islands

All data for Faroe Islands →

Frequently asked questions

What is population by income level in Faroe Islands?
Population by income level in Faroe Islands was 54,900 in 2025, according to United Nations Population Division, national statistical offices, and Eurostat, via World Bank (2026) – processed by Our World in Data.
What is the highest population by income level recorded in Faroe Islands?
The highest recorded value was 54,900 in 2025.
What is the lowest population by income level recorded in Faroe Islands?
The lowest recorded value was 34,127 in 1960.
How does Faroe Islands rank for population by income level?
Faroe Islands ranks 200th out of 215 countries with data for 2025.
Is population by income level rising or falling in Faroe Islands?
Over the last ten years it is up 12.3%. The long-run trend across the full record is rising.
Where does this Faroe Islands data come from?
The figures come from United Nations Population Division, national statistical offices, and Eurostat, via World Bank (2026) – processed by Our World in Data, published as part of Population by income level. Statizoid updates them automatically from the source API.

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Population by income level in Faroe Islands. Statizoid, drawing on United Nations Population Division, national statistical offices, and Eurostat, via World Bank (2026) – processed by Our World in Data. Retrieved 22 September 2026, from https://population.statizoid.com/stat/population-by-income-level/faroe-islands/

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About this data

Indicator
Population by income level
Source
United Nations Population Division, national statistical offices, and Eurostat, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
215 places, 14,160 data points, 1960–2025
Last refreshed

Total population, differentiated by World Bank income level.