Faroe Islands vs Iceland: GDP (constant 2015 US$), per capita

Faroe Islands
59,302 constant 2015 US$ per person
in 2024
Iceland
58,910 constant 2015 US$ per person
in 2025
Faroe Islands rank
15th
Iceland rank
16th

GDP (constant 2015 US$), per capita over time

  • Faroe Islands
  • Iceland
10.0k20.0k30.0k40.0k50.0k60.0k196019922025

How they compare

Faroe Islands currently reports 59,302 constant 2015 US$ per person against 58,910 constant 2015 US$ per person in Iceland, a difference of 392 constant 2015 US$ per person.

The two have swapped places 5 times across 17 shared years of data; in 2008 it was Iceland ahead.

Faroe Islands ranks 15th and Iceland ranks 16th of 210 countries.

Across the 3 decades both report, Faroe Islands averaged higher in 1 and Iceland in 2.

Head to head by decade

Decade Faroe Islands Iceland Difference Ahead
2000s 43,501 constant 2015 US$ per person 52,971 constant 2015 US$ per person 9,470 constant 2015 US$ per person Iceland
2010s 50,605 constant 2015 US$ per person 53,482 constant 2015 US$ per person 2,878 constant 2015 US$ per person Iceland
2020s 57,347 constant 2015 US$ per person 56,676 constant 2015 US$ per person 670.98 constant 2015 US$ per person Faroe Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gdp (constant 2015 us$), per capita, Faroe Islands or Iceland?
Faroe Islands, at 59,302 constant 2015 US$ per person against 58,910 constant 2015 US$ per person in Iceland as of 2024.
What is the difference in gdp (constant 2015 us$), per capita between Faroe Islands and Iceland?
392 constant 2015 US$ per person, with Faroe Islands ahead.
How many years of comparable data are there for Faroe Islands and Iceland?
17 years are reported by both, from 2008 to 2024.
How do Faroe Islands and Iceland rank globally for gdp (constant 2015 us$), per capita?
Faroe Islands ranks 15th and Iceland ranks 16th of 210 countries.
Where does this data come from?
Statizoid (derived), published as GDP (constant 2015 US$), per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs Iceland: GDP (constant 2015 US$), per capita. Statizoid, drawing on Statizoid (derived). Retrieved 29 August 2026, from https://economy.statizoid.com/compare/gdp-constant-2015-us-per-capita/faroe-islands/iceland/

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About this data

Indicator
GDP (constant 2015 US$), per capita
Unit
constant 2015 US$ per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
258 places, 14,493 data points, 1960–2025
Last refreshed

GDP (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.