Faroe Islands GDP Per Capita 1998-2020

GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars.
  • Faroe Islands gdp per capita for 2016 was $55,823, a 6.52% increase from 2015.
  • Faroe Islands gdp per capita for 2015 was $52,405, a 11.84% decline from 2014.
  • Faroe Islands gdp per capita for 2014 was $59,440, a 8.36% increase from 2013.
  • Faroe Islands gdp per capita for 2013 was $54,854, a 10.91% increase from 2012.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name GDP Per Capita (US $)
Monaco $169,904
Liechtenstein $165,028
Luxembourg $101,306
Switzerland $80,038
Isle of Man $79,156
Macao $73,955
Norway $70,942
Ireland $63,559
Iceland $61,758
United States $57,904
Qatar $57,163
Singapore $56,724
Faroe Islands $55,823
Denmark $54,467
Sweden $51,618
Australia $50,020
Greenland $48,296
San Marino $46,692
Netherlands $46,008
Austria $45,103
Hong Kong $43,734
Finland $43,493
Germany $42,443
Canada $42,280
Belgium $41,449
United Kingdom $40,540
New Zealand $40,027
Japan $38,794
UAE $38,142
Israel $37,372
Andorra $37,224
France $36,962
Virgin Islands (U.S.) $35,932
Guam $35,551
Bahamas $31,325
Italy $30,831
Puerto Rico $30,629
Kuwait $27,653
South Korea $27,608
Brunei $27,157
Spain $26,622
Turks and Caicos Islands $25,995
Aruba $25,240
Malta $25,129
Cyprus $24,019
Bahrain $22,619
Northern Mariana Islands $22,247
Slovenia $21,618
Portugal $19,977
Saudi Arabia $19,879
Curacao $19,555
St. Kitts and Nevis $18,576
Czech Republic $18,463
Estonia $18,228
Greece $18,116
Palau $17,150
Slovak Republic $16,544
Barbados $15,847
Trinidad and Tobago $15,786
Antigua and Barbuda $15,494
Uruguay $15,387
Seychelles $15,078
Lithuania $14,983
Oman $14,722
Panama $14,356
Latvia $14,134
Chile $13,748
Hungary $12,840
Argentina $12,790
Poland $12,432
Croatia $12,367
Faroe Islands GDP Per Capita - Historical Data
Year GDP Per Capita (US $) Annual Growth Rate (%)
2016 $55,823 6.52%
2015 $52,405 -11.84%
2014 $59,440 8.36%
2013 $54,854 10.91%
2012 $49,460 -5.04%
2011 $52,084 7.32%
2010 $48,530 2.28%
2009 $47,448 -6.72%
2008 $50,866 6.22%
2007 $47,886 15.32%
2006 $41,523 14.69%
2005 $36,205 2.08%
2004 $35,467 12.60%
2003 $31,498 17.83%
2002 $26,733 9.47%
2001 $24,420 7.80%
2000 $22,653 -6.10%
1999 $24,125 0.38%
1998 $24,034 0.38%