PPP conversion factor, GDP (LCU per international $) (UNESCO) in Faroe Islands
Faroe Islands: PPP conversion factor, GDP (LCU per international $) (UNESCO) was 6.33 LCU per international $ in 2023. ▬ Flat
Latest (2023)
6.33 LCU per international $
Change on year
up 0.5%
World rank
99th
of 203 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
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 99th of 203 countries on this measure, in the middle of the range.
PPP conversion factor, GDP (LCU per international $) (UNESCO) in Faroe Islands, year by year
| Year | LCU per international $ | Change |
|---|---|---|
| 2008 | 6.35 LCU per international $ | — |
| 2009 | 6.41 LCU per international $ | +1.0% |
| 2010 | 6.78 LCU per international $ | +5.7% |
| 2011 | 6.58 LCU per international $ | -3.0% |
| 2012 | 6.3 LCU per international $ | -4.2% |
| 2013 | 6.29 LCU per international $ | -0.2% |
| 2014 | 6.35 LCU per international $ | +0.9% |
| 2015 | 6.6 LCU per international $ | +3.9% |
| 2016 | 7.05 LCU per international $ | +6.9% |
| 2017 | 6.95 LCU per international $ | -1.4% |
| 2018 | 6.7 LCU per international $ | -3.6% |
| 2019 | 6.76 LCU per international $ | +0.9% |
| 2020 | 6.61 LCU per international $ | -2.3% |
| 2021 | 6.38 LCU per international $ | -3.4% |
| 2022 | 6.3 LCU per international $ | -1.3% |
| 2023 | 6.33 LCU per international $ | +0.5% |
Faroe Islands compared with similar countries
- Faroe Islands's 6.33 LCU per international $ is above the median for high income countries, which is 1 LCU per international $, 6.3× the median. (75 countries reporting)
- Faroe Islands's 6.33 LCU per international $ is above the median for Europe & Central Asia, which is 0.8303 LCU per international $, 7.6× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
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 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 99th out of 203 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.
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