Faroe Islands vs Sweden: GDP per capita
GDP per capita over time
- Faroe Islands
- Sweden
How they compare
Faroe Islands currently reports 59,302 constant 2015 US$ against 55,014 constant 2015 US$ in Sweden, a difference of 4,288 constant 2015 US$.
That makes Faroe Islands's figure about 1.1 times Sweden's.
The two have swapped places 1 time across 17 shared years of data; in 2008 it was Sweden ahead.
Faroe Islands ranks 15th and Sweden ranks 18th of 210 countries.
Across the 3 decades both report, Faroe Islands averaged higher in 2 and Sweden in 1.
Head to head by decade
| Decade | Faroe Islands | Sweden | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 43,501 constant 2015 US$ | 47,202 constant 2015 US$ | 3,700 constant 2015 US$ | Sweden |
| 2010s | 50,605 constant 2015 US$ | 50,477 constant 2015 US$ | 127.27 constant 2015 US$ | Faroe Islands |
| 2020s | 57,347 constant 2015 US$ | 53,636 constant 2015 US$ | 3,711 constant 2015 US$ | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp per capita, Faroe Islands or Sweden?
- Faroe Islands, at 59,302 constant 2015 US$ against 55,014 constant 2015 US$ in Sweden as of 2024.
- What is the difference in gdp per capita between Faroe Islands and Sweden?
- 4,288 constant 2015 US$, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Sweden?
- 17 years are reported by both, from 2008 to 2024.
- How do Faroe Islands and Sweden rank globally for gdp per capita?
- Faroe Islands ranks 15th and Sweden ranks 18th of 210 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as GDP per capita (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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.