East Asia & Pacific (IDA & IBRD countries) vs Faroe Islands: GDP per capita
GDP per capita over time
- East Asia & Pacific (IDA & IBRD countries)
- Faroe Islands
How they compare
Faroe Islands currently reports 59,302 constant 2015 US$ against 10,735 constant 2015 US$ in East Asia & Pacific (IDA & IBRD countries), a difference of 48,567 constant 2015 US$.
That makes Faroe Islands's figure about 5.5 times East Asia & Pacific (IDA & IBRD countries)'s.
Across all 17 years both countries report, Faroe Islands has been ahead every year.
East Asia & Pacific (IDA & IBRD countries) ranks 16th and Faroe Islands ranks 16th of 47 groups.
Faroe Islands has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | East Asia & Pacific (IDA & IBRD countries) | Faroe Islands | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 4,299 constant 2015 US$ | 43,501 constant 2015 US$ | 39,202 constant 2015 US$ | Faroe Islands |
| 2010s | 6,526 constant 2015 US$ | 50,605 constant 2015 US$ | 44,079 constant 2015 US$ | Faroe Islands |
| 2020s | 9,342 constant 2015 US$ | 57,347 constant 2015 US$ | 48,005 constant 2015 US$ | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp per capita, East Asia & Pacific (IDA & IBRD countries) or Faroe Islands?
- Faroe Islands, at 59,302 constant 2015 US$ against 10,735 constant 2015 US$ in East Asia & Pacific (IDA & IBRD countries) as of 2024.
- What is the difference in gdp per capita between East Asia & Pacific (IDA & IBRD countries) and Faroe Islands?
- 48,567 constant 2015 US$, with Faroe Islands ahead.
- How many years of comparable data are there for East Asia & Pacific (IDA & IBRD countries) and Faroe Islands?
- 17 years are reported by both, from 2008 to 2024.
- How do East Asia & Pacific (IDA & IBRD countries) and Faroe Islands rank globally for gdp per capita?
- East Asia & Pacific (IDA & IBRD countries) ranks 16th and Faroe Islands ranks 16th of 47 groups.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as GDP per capita (constant 2015 US$). 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.