Australia vs Faroe Islands: GDP per capita
GDP per capita over time
- Australia
- Faroe Islands
How they compare
Australia currently reports 61,369 constant 2015 US$ against 59,302 constant 2015 US$ in Faroe Islands, a difference of 2,067 constant 2015 US$.
Across all 17 years both countries report, Australia has been ahead every year.
Australia ranks 14th and Faroe Islands ranks 15th of 210 countries.
Australia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Australia | Faroe Islands | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 53,464 constant 2015 US$ | 43,501 constant 2015 US$ | 9,963 constant 2015 US$ | Australia |
| 2010s | 56,662 constant 2015 US$ | 50,605 constant 2015 US$ | 6,057 constant 2015 US$ | Australia |
| 2020s | 60,480 constant 2015 US$ | 57,347 constant 2015 US$ | 3,133 constant 2015 US$ | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp per capita, Australia or Faroe Islands?
- Australia, at 61,369 constant 2015 US$ against 59,302 constant 2015 US$ in Faroe Islands as of 2025.
- What is the difference in gdp per capita between Australia and Faroe Islands?
- 2,067 constant 2015 US$, with Australia ahead.
- How many years of comparable data are there for Australia and Faroe Islands?
- 17 years are reported by both, from 2008 to 2024.
- How do Australia and Faroe Islands rank globally for gdp per capita?
- Australia ranks 14th and Faroe Islands ranks 15th of 210 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as GDP per capita (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.