Europe & Central Asia (IDA & IBRD countries) vs Faroe Islands: Final consumption expenditure (current US$), per capita

Europe & Central Asia (IDA & IBRD countries)
11,400 current US$ per person
in 2025
Faroe Islands
50,788 current US$ per person
in 2024
Europe & Central Asia (IDA & IBRD countries) rank
11th
Faroe Islands rank
9th

Final consumption expenditure (current US$), per capita over time

  • Europe & Central Asia (IDA & IBRD countries)
  • Faroe Islands
010.0k20.0k30.0k40.0k50.0k199020072025

How they compare

Faroe Islands currently reports 50,788 current US$ per person against 11,400 current US$ per person in Europe & Central Asia (IDA & IBRD countries), a difference of 39,388 current US$ per person.

That makes Faroe Islands's figure about 4.5 times Europe & Central Asia (IDA & IBRD countries)'s.

Across all 27 years both countries report, Faroe Islands has been ahead every year.

Europe & Central Asia (IDA & IBRD countries) ranks 11th and Faroe Islands ranks 9th of 43 groups.

Faroe Islands has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Europe & Central Asia (IDA & IBRD countries) Faroe Islands Difference Ahead
1990s 1,606 current US$ per person 19,325 current US$ per person 17,719 current US$ per person Faroe Islands
2000s 3,480 current US$ per person 31,153 current US$ per person 27,674 current US$ per person Faroe Islands
2010s 6,770 current US$ per person 43,139 current US$ per person 36,369 current US$ per person Faroe Islands
2020s 7,967 current US$ per person 47,959 current US$ per person 39,992 current US$ per person Faroe Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher final consumption expenditure (current us$), per capita, Europe & Central Asia (IDA & IBRD countries) or Faroe Islands?
Faroe Islands, at 50,788 current US$ per person against 11,400 current US$ per person in Europe & Central Asia (IDA & IBRD countries) as of 2024.
What is the difference in final consumption expenditure (current us$), per capita between Europe & Central Asia (IDA & IBRD countries) and Faroe Islands?
39,388 current US$ per person, with Faroe Islands ahead.
How many years of comparable data are there for Europe & Central Asia (IDA & IBRD countries) and Faroe Islands?
27 years are reported by both, from 1998 to 2024.
How do Europe & Central Asia (IDA & IBRD countries) and Faroe Islands rank globally for final consumption expenditure (current us$), per capita?
Europe & Central Asia (IDA & IBRD countries) ranks 11th and Faroe Islands ranks 9th of 43 groups.
Where does this data come from?
Statizoid (derived), published as Final consumption expenditure (current US$), per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Europe & Central Asia (IDA & IBRD countries) vs Faroe Islands: Final consumption expenditure (current US$), per capita. Statizoid, drawing on Statizoid (derived). Retrieved 10 September 2026, from https://economy.statizoid.com/compare/final-consumption-expenditure-current-us-per-capita/europe-and-central-asia-ida-and-ibrd-countries/faroe-islands/

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About this data

Indicator
Final consumption expenditure (current US$), per capita
Unit
current US$ per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
231 places, 11,145 data points, 1960–2025
Last refreshed

Final consumption expenditure (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.