GDP per capita in US dollars in Faroe Islands
GDP per person in Faroe Islands was US$74,175 in 2024. The value for 2024 is the highest in the series, which starts in 1965.
Faroe Islands, 2024
US$74,175
Change from 2023
+2.3%
World, 2024
US$13,717 per person
GDP per capita in US dollars in Faroe Islands over time
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Faroe Islands
World
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The chart loads when you scroll to it. The table below shows the same data.
The chart shows a calculation from the published values. The table below keeps the published values.
Current US dollars per person. Source: World Bank, World Development Indicators. Gaps mean no published value; points are not joined across missing years.
| Period | Faroe Islands | World |
|---|---|---|
| 2025 | – | US$14,406 per person |
| 2024 | US$74,175 per person | US$13,717 per person |
| 2023 | US$72,487 per person | US$13,314 per person |
| 2022 | US$67,069 per person | US$12,876 per person |
| 2021 | US$69,422 per person | US$12,473 per person |
| 2020 | US$62,248 per person | US$10,999 per person |
| 2019 | US$63,071 per person | US$11,418 per person |
| 2018 | US$62,525 per person | US$11,345 per person |
| 2017 | US$59,389 per person | US$10,784 per person |
| 2016 | US$56,876 per person | US$10,239 per person |
| 2015 | US$52,638 per person | US$10,192 per person |
| 2014 | US$60,173 per person | US$10,912 per person |
| 2013 | US$55,759 per person | US$10,759 per person |
| 2012 | US$50,263 per person | US$10,598 per person |
| 2011 | US$51,620 per person | US$10,497 per person |
| 2010 | US$47,924 per person | US$9,555 per person |
| 2009 | US$47,060 per person | US$8,827 per person |
| 2008 | US$51,288 per person | US$9,426 per person |
| 2007 | US$48,349 per person | US$8,685 per person |
| 2006 | US$41,744 per person | US$7,803 per person |
| 2005 | US$36,389 per person | US$7,291 per person |
| 2004 | US$35,648 per person | US$6,818 per person |
| 2003 | US$31,270 per person | US$6,130 per person |
| 2002 | US$26,938 per person | US$5,539 per person |
| 2001 | US$24,880 per person | US$5,404 per person |
A dash means no value was published for that period.
In short
- That is a change of +2.3% from US$72,487 per person in 2023.
- Since 2014, when it was US$60,173 per person, the figure has changed by +23.3%.
- The figure for the world in 2024 was US$13,717 per person.
More for Faroe Islands
All statistics for Faroe Islands
GDP per capita, PPP
Int$72,114 per person
2024 · World Bank
GNI per capita, Atlas method
US$73,120 per person
2024 · World Bank
GDP in US dollars
US$4.1 billion
2024 · World Bank
Real GDP growth
0.8%
2024 · World Bank
Services share of GDP
53.8%
2024 · World Bank
Investment share of GDP
28.2%
2024 · World Bank