European Union vs Faroe Islands: Final consumption expenditure (current US$), per capita
European Union
34,941 current US$ per person
in 2025
Faroe Islands
50,788 current US$ per person
in 2024
European Union rank
6th
Faroe Islands rank
9th
Final consumption expenditure (current US$), per capita over time
- European Union
- Faroe Islands
How they compare
Faroe Islands currently reports 50,788 current US$ per person against 34,941 current US$ per person in European Union, a difference of 15,847 current US$ per person.
That makes Faroe Islands's figure about 1.5 times European Union's.
Across all 27 years both countries report, Faroe Islands has been ahead every year.
European Union ranks 6th 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 | European Union | Faroe Islands | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 14,021 current US$ per person | 19,325 current US$ per person | 5,304 current US$ per person | Faroe Islands |
| 2000s | 19,970 current US$ per person | 31,153 current US$ per person | 11,183 current US$ per person | Faroe Islands |
| 2010s | 25,727 current US$ per person | 43,139 current US$ per person | 17,412 current US$ per person | Faroe Islands |
| 2020s | 29,070 current US$ per person | 47,959 current US$ per person | 18,889 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$), per capita, European Union or Faroe Islands?
- Faroe Islands, at 50,788 current US$ per person against 34,941 current US$ per person in European Union as of 2024.
- What is the difference in final consumption expenditure (current us$), per capita between European Union and Faroe Islands?
- 15,847 current US$ per person, with Faroe Islands ahead.
- How many years of comparable data are there for European Union and Faroe Islands?
- 27 years are reported by both, from 1998 to 2024.
- How do European Union and Faroe Islands rank globally for final consumption expenditure (current us$), per capita?
- European Union ranks 6th and Faroe Islands ranks 9th of 43 groups.
- Where does this data come from?
- Statizoid (derived), published as Final consumption expenditure (current US$), per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.