Faroe Islands vs Venezuela, Bolivarian Republic of: GDP per capita
GDP per capita over time
- Faroe Islands
- Venezuela, Bolivarian Republic of
How they compare
Venezuela, Bolivarian Republic of currently reports 578,246 current LCU against 511,400 current LCU in Faroe Islands, a difference of 66,846 current LCU.
That makes Venezuela, Bolivarian Republic of's figure about 1.1 times Faroe Islands's.
Across all 63 years both countries report, Faroe Islands has been ahead every year.
Faroe Islands ranks 69th and Venezuela, Bolivarian Republic of ranks 66th of 212 countries.
Faroe Islands has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Faroe Islands | Venezuela, Bolivarian Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 11,062 current LCU | 0 current LCU | 11,062 current LCU | Faroe Islands |
| 1970s | 34,154 current LCU | 0 current LCU | 34,154 current LCU | Faroe Islands |
| 1980s | 104,787 current LCU | 0 current LCU | 104,787 current LCU | Faroe Islands |
| 1990s | 130,493 current LCU | 0 current LCU | 130,493 current LCU | Faroe Islands |
| 2000s | 227,123 current LCU | 0 current LCU | 227,123 current LCU | Faroe Islands |
| 2010s | 343,332 current LCU | 3.5 current LCU | 343,328 current LCU | Faroe Islands |
| 2020s | 465,820 current LCU | 62,147 current LCU | 403,674 current LCU | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp per capita, Faroe Islands or Venezuela, Bolivarian Republic of?
- Venezuela, Bolivarian Republic of, at 578,246 current LCU against 511,400 current LCU in Faroe Islands as of 2025.
- What is the difference in gdp per capita between Faroe Islands and Venezuela, Bolivarian Republic of?
- 66,846 current LCU, with Venezuela, Bolivarian Republic of ahead.
- How many years of comparable data are there for Faroe Islands and Venezuela, Bolivarian Republic of?
- 63 years are reported by both, from 1962 to 2024.
- How do Faroe Islands and Venezuela, Bolivarian Republic of rank globally for gdp per capita?
- Faroe Islands ranks 69th and Venezuela, Bolivarian Republic of ranks 66th of 212 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as GDP per capita (current LCU). 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.