Faroe Islands vs World: Final consumption expenditure (current US$), per capita
Faroe Islands
50,788 current US$ per person
in 2024
World
10,031 current US$ per person
in 2024
Faroe Islands rank
9th
World rank
12th
Final consumption expenditure (current US$), per capita over time
- Faroe Islands
- World
How they compare
Faroe Islands currently reports 50,788 current US$ per person against 10,031 current US$ per person in World, a difference of 40,757 current US$ per person.
That makes Faroe Islands's figure about 5.1 times World's.
Across all 27 years both countries report, Faroe Islands has been ahead every year.
Faroe Islands ranks 9th and World ranks 12th of 188 countries.
Faroe Islands has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Faroe Islands | World | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 19,325 current US$ per person | 4,068 current US$ per person | 15,257 current US$ per person | Faroe Islands |
| 2000s | 31,153 current US$ per person | 5,409 current US$ per person | 25,744 current US$ per person | Faroe Islands |
| 2010s | 43,139 current US$ per person | 7,800 current US$ per person | 35,339 current US$ per person | Faroe Islands |
| 2020s | 47,959 current US$ per person | 9,180 current US$ per person | 38,780 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$), per capita, Faroe Islands or World?
- Faroe Islands, at 50,788 current US$ per person against 10,031 current US$ per person in World as of 2024.
- What is the difference in final consumption expenditure (current us$), per capita between Faroe Islands and World?
- 40,757 current US$ per person, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and World?
- 27 years are reported by both, from 1998 to 2024.
- How do Faroe Islands and World rank globally for final consumption expenditure (current us$), per capita?
- Faroe Islands ranks 9th and World ranks 12th of 188 countries.
- Where does this data come from?
- Statizoid (derived), published as Final consumption expenditure (current US$), per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.
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.