GDP per capita, US dollars in Faroe Islands

GDP per capita, US dollars in Faroe Islands was $74,175 in 2024, according to the World Bank. That is up 2.3% from 2023. That is the 13th highest of 199 countries in 2024.

2024, USD74,175
Change on 2023+2.3%
Rank13th of 199Countries ranked
Series high74,1752024
Series low1,5941965

GDP per capita, US dollars in Faroe Islands, 1965 to 2024

CSVChart (SVG)

020K40K60K80K196519741983199220012010201920241965: 1,594 USD1966: 1,749 USD1967: 1,780 USD1968: 1,736 USD1969: 1,849 USD1970: 2,219 USD1971: 2,564 USD1972: 3,046 USD1973: 4,068 USD1974: 4,906 USD1975: 5,606 USD1976: 6,594 USD1977: 8,387 USD1978: 9,479 USD1979: 10,549 USD1980: 11,446 USD1981: 10,458 USD1982: 10,053 USD1983: 10,893 USD1984: 9,437 USD1985: 10,049 USD1986: 14,934 USD1987: 18,982 USD1988: 20,453 USD1989: 18,181 USD1990: 20,125 USD1991: 19,164 USD1992: 19,301 USD1993: 16,374 USD1994: 16,976 USD1995: 20,669 USD1996: 22,706 USD1997: 21,158 USD1998: 24,729 USD1999: 24,979 USD2000: 23,323 USD2001: 24,880 USD2002: 26,938 USD2003: 31,270 USD2004: 35,648 USD2005: 36,389 USD2006: 41,744 USD2007: 48,349 USD2008: 51,288 USD2009: 47,060 USD2010: 47,924 USD2011: 51,620 USD2012: 50,263 USD2013: 55,759 USD2014: 60,173 USD2015: 52,638 USD2016: 56,876 USD2017: 59,389 USD2018: 62,525 USD2019: 63,071 USD2020: 62,248 USD2021: 69,422 USD2022: 67,069 USD2023: 72,487 USD2024: 74,175 USD
USD. Source: World Bank. Retrieved 2026-10-09, published 2026-10-08.
All 60 values
PeriodUSD
202474,175
202372,487
202267,069
202169,422
202062,248
201963,071
201862,525
201759,389
201656,876
201552,638
201460,173
201355,759
201250,263
201151,620
201047,924
200947,060
200851,288
200748,349
200641,744
200536,389
200435,648
200331,270
200226,938
200124,880
200023,323
199924,979
199824,729
199721,158
199622,706
199520,669
199416,976
199316,374
199219,301
199119,164
199020,125
198918,181
198820,453
198718,982
198614,934
198510,049
19849,437
198310,893
198210,053
198110,458
198011,446
197910,549
19789,479
19778,387
19766,594
19755,606
19744,906
19734,068
19723,046
19712,564
19702,219
19691,849
19681,736
19671,780
19661,749
19651,594

Rankings

Definition

Gross domestic product at current prices in US dollars divided by the resident population.

United States, states and counties: Invokely calculation, BEA current-dollar GDP divided by the BEA mid-year population of the same year and place; both inputs are shown with each value. GDP is counted where production happens and population where people live, so places with many commuters or capital-intensive industries, such as the District of Columbia or oil counties, show very high values. Not the same as per_capita_personal_income. For Spain and the EU use gdp_per_capita (EUR) or gdp_per_capita_pps. Other countries and the World: World Bank, converted at official annual average exchange rates (market rates, not purchasing power parity, so it understates living standards in lower-price countries). For euros use gdp_per_capita.

How to cite

World Bank, World Development Indicators. GDP per capita, current US$ (NY.GDP.PCAP.CD). https://data.worldbank.org/indicator/NY.GDP.PCAP.CD. Retrieved 2026-10-09.

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Questions

What is the GDP per capita (US dollars) in Faroe Islands?

GDP per capita, US dollars in Faroe Islands was $74,175 in 2024, according to the World Bank. That is up 2.3% from 2023. That is the 13th highest of 199 countries in 2024.

Where does this figure come from?

World Bank. GDP per capita, current US$ (NY.GDP.PCAP.CD). Retrieved by Invokely on 2026-10-09.

What was the highest GDP per capita (US dollars) in Faroe Islands?

$74,175 in 2024, the highest value since 1965 in this series.

More statistics for Faroe Islands

All statistics for Faroe Islands