EconomyThe World Bank — World Development Indicators (CC BY 4.0) · updated 2024-12-31
Faroe Islands's gdp per capita stands at 74,175 as of 2024-12-31, up from 72,487 in 2023. Historical data runs from 1965 to 2024 (60 observations).
In 2024, Faroe Islands's gdp per capita was 74,175, up from 72,487 in 2023.
In 2023, Faroe Islands's gdp per capita was 72,487, up from 67,069 in 2022.
In 2022, Faroe Islands's gdp per capita was 67,069, down from 69,422 in 2021.
In 2021, Faroe Islands's gdp per capita was 69,422, up from 62,248 in 2020.
In 2020, Faroe Islands's gdp per capita was 62,248, down from 63,071 in 2019.
| Year | Value | Change |
|---|---|---|
| 2024 | 74,175 | +1,689 |
| 2023 | 72,487 | +5,417 |
| 2022 | 67,069 | -2,352 |
| 2021 | 69,422 | +7,174 |
| 2020 | 62,248 | -822.8 |
| 2019 | 63,071 | +545.46 |
| 2018 | 62,525 | +3,137 |
| 2017 | 59,389 | +2,512 |
| 2016 | 56,876 | +4,238 |
| 2015 | 52,638 | -7,535 |
| 2014 | 60,173 | +4,414 |
| 2013 | 55,759 | +5,496 |
| 2012 | 50,263 | -1,357 |
| 2011 | 51,620 | +3,696 |
| 2010 | 47,924 | +863.98 |
| 2009 | 47,060 | -4,228 |
| 2008 | 51,288 | +2,939 |
| 2007 | 48,349 | +6,605 |
| 2006 | 41,744 | +5,355 |
| 2005 | 36,389 | +741.54 |
| 2004 | 35,648 | +4,378 |
| 2003 | 31,270 | +4,332 |
| 2002 | 26,938 | +2,058 |
| 2001 | 24,880 | +1,557 |
| 2000 | 23,323 | -1,656 |
| 1999 | 24,979 | +249.6 |
| 1998 | 24,729 | +3,571 |
| 1997 | 21,158 | -1,547 |
| 1996 | 22,706 | +2,036 |
| 1995 | 20,669 | +3,693 |
| 1994 | 16,976 | +602.1 |
| 1993 | 16,374 | -2,927 |
| 1992 | 19,301 | +137.11 |
| 1991 | 19,164 | -961.82 |
| 1990 | 20,125 | +1,945 |
| 1989 | 18,181 | -2,272 |
| 1988 | 20,453 | +1,471 |
| 1987 | 18,982 | +4,049 |
| 1986 | 14,934 | +4,885 |
| 1985 | 10,049 | +611.22 |
| 1984 | 9,437 | -1,456 |
| 1983 | 10,893 | +840.41 |
| 1982 | 10,053 | -405.18 |
| 1981 | 10,458 | -988.19 |
| 1980 | 11,446 | +896.94 |
| 1979 | 10,549 | +1,070 |
| 1978 | 9,479 | +1,092 |
| 1977 | 8,387 | +1,794 |
| 1976 | 6,594 | +988.11 |
| 1975 | 5,606 | +699.24 |
| 1974 | 4,906 | +838.35 |
| 1973 | 4,068 | +1,021 |
| 1972 | 3,046 | +482.86 |
| 1971 | 2,564 | +344.22 |
| 1970 | 2,219 | +369.94 |
| 1969 | 1,849 | +113.9 |
| 1968 | 1,736 | -44.62 |
| 1967 | 1,780 | +31 |
| 1966 | 1,749 | +154.68 |
| 1965 | 1,594 | — |
The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).
Faroe Islands's gdp per capita is 74,175 as of 2024-12-31, compared with 72,487 in 2023. The World Bank — World Development Indicators (CC BY 4.0)
The highest recorded value is 74,175 (2024); the lowest is 1,594 (1965), across data from 1965 to 2024.
The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.