PPP conversion factor, GDP in Faroe Islands

Faroe Islands: PPP conversion factor, GDP was 6.33 LCU per international $ in 2023. β–¬ Flat

Latest (2023)
6.33 LCU per international $
Change on year
up 0.5%
World rank
97th
of 201 countries
All-time high
7.05 LCU per international $
in 2016
All-time low
6.29 LCU per international $
in 2013
Years of data
16
2008–2023

PPP conversion factor, GDP in Faroe Islands, 2008–2023

024682008201520232008: 6.4 LCU per international $2009: 6.4 LCU per international $2010: 6.8 LCU per international $2011: 6.6 LCU per international $2012: 6.3 LCU per international $2013: 6.3 LCU per international $2014: 6.3 LCU per international $2015: 6.6 LCU per international $2016: 7 LCU per international $2017: 7 LCU per international $2018: 6.7 LCU per international $2019: 6.8 LCU per international $2020: 6.6 LCU per international $2021: 6.4 LCU per international $2022: 6.3 LCU per international $2023: 6.3 LCU per international $

Source: UNESCO Institute for Statistics. Measured in LCU per international $.

Analysis

The most recent figure for ppp conversion factor, gdp in Faroe Islands is 6.33 LCU per international $, measured in 2023.

That represents a change of up 0.5% on the previous year and up 0.6% over ten years.

Over the whole period, ppp conversion factor, gdp in Faroe Islands peaked at 7.05 LCU per international $ in 2016 and was at its lowest, 6.29 LCU per international $, in 2013.

Faroe Islands ranks 97th of 201 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 6.38 LCU per international $ 6.35 LCU per international $ 6.41 LCU per international $ 2
2010s 6.64 LCU per international $ 6.29 LCU per international $ 7.05 LCU per international $ 10
2020s 6.4 LCU per international $ 6.3 LCU per international $ 6.61 LCU per international $ 4

Countries ranked near Faroe Islands

  1. 94 Moldova 7.24 LCU per international $ compare
  2. 95 Namibia 6.92 LCU per international $ compare
  3. 96 Solomon Islands 6.33 LCU per international $ compare
  4. 98 Egypt 6.25 LCU per international $ compare
  5. 99 Denmark 6.23 LCU per international $ compare
  6. 100 Eswatini 6.12 LCU per international $ compare

See the full ranking of 203 places β†’

More population data for Faroe Islands

All data for Faroe Islands β†’

Frequently asked questions

What is ppp conversion factor, gdp in Faroe Islands?
Ppp conversion factor, gdp in Faroe Islands was 6.33 LCU per international $ in 2023, according to UNESCO Institute for Statistics.
What is the highest ppp conversion factor, gdp recorded in Faroe Islands?
The highest recorded value was 7.05 LCU per international $ in 2016.
What is the lowest ppp conversion factor, gdp recorded in Faroe Islands?
The lowest recorded value was 6.29 LCU per international $ in 2013.
How does Faroe Islands rank for ppp conversion factor, gdp?
Faroe Islands ranks 97th out of 201 countries with data for 2023.
Is ppp conversion factor, gdp rising or falling in Faroe Islands?
Over the last ten years it is up 0.6%. The long-run trend across the full record is flat.
Where does this Faroe Islands data come from?
The figures come from UNESCO Institute for Statistics, published as part of PPP conversion factor, GDP (LCU per international $). Statizoid updates them automatically from the source API.

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PPP conversion factor, GDP in Faroe Islands. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 16 August 2026, from https://population.statizoid.com/stat/ppp-conversion-factor-gdp-lcu-per-international-2/faroe-islands/

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About this data

Indicator
PPP conversion factor, GDP (LCU per international $)
Unit
LCU per international $
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
203 places, 6,834 data points, 1990–2024
Last refreshed

February 2026 Data Release