Faroe Islands vs Norway: Final consumption expenditure (current US$), per capita

Faroe Islands
50,788 current US$ per person
in 2024
Norway
61,575 current US$ per person
in 2025
Faroe Islands rank
9th
Norway rank
6th

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

  • Faroe Islands
  • Norway
020.0k40.0k60.0k197019972025

How they compare

Norway currently reports 61,575 current US$ per person against 50,788 current US$ per person in Faroe Islands, a difference of 10,787 current US$ per person.

That makes Norway's figure about 1.2 times Faroe Islands's.

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

Faroe Islands ranks 9th and Norway ranks 6th of 188 countries.

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

Head to head by decade

Decade Faroe Islands Norway Difference Ahead
1990s 19,325 current US$ per person 24,669 current US$ per person 5,343 current US$ per person Norway
2000s 31,153 current US$ per person 39,854 current US$ per person 8,700 current US$ per person Norway
2010s 43,139 current US$ per person 58,793 current US$ per person 15,654 current US$ per person Norway
2020s 47,959 current US$ per person 56,328 current US$ per person 8,369 current US$ per person Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher final consumption expenditure (current us$), per capita, Faroe Islands or Norway?
Norway, at 61,575 current US$ per person against 50,788 current US$ per person in Faroe Islands as of 2025.
What is the difference in final consumption expenditure (current us$), per capita between Faroe Islands and Norway?
10,787 current US$ per person, with Norway ahead.
How many years of comparable data are there for Faroe Islands and Norway?
27 years are reported by both, from 1998 to 2024.
How do Faroe Islands and Norway rank globally for final consumption expenditure (current us$), per capita?
Faroe Islands ranks 9th and Norway ranks 6th of 188 countries.
Where does this data come from?
Statizoid (derived), published as Final consumption expenditure (current US$), per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs Norway: Final consumption expenditure (current US$), per capita. Statizoid, drawing on Statizoid (derived). Retrieved 09 September 2026, from https://economy.statizoid.com/compare/final-consumption-expenditure-current-us-per-capita/faroe-islands/norway/

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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.