Europe & Central Asia (excluding high income) vs Faroe Islands: GDP per capita
GDP per capita over time
- Europe & Central Asia (excluding high income)
- Faroe Islands
How they compare
Faroe Islands currently reports 74,175 current US$ against 11,118 current US$ in Europe & Central Asia (excluding high income), a difference of 63,057 current US$.
That makes Faroe Islands's figure about 6.7 times Europe & Central Asia (excluding high income)'s.
Across all 38 years both countries report, Faroe Islands has been ahead every year.
Europe & Central Asia (excluding high income) ranks 16th and Faroe Islands ranks 16th of 47 groups.
Faroe Islands has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Europe & Central Asia (excluding high income) | Faroe Islands | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 1,299 current US$ | 19,205 current US$ | 17,906 current US$ | Faroe Islands |
| 1990s | 1,692 current US$ | 20,618 current US$ | 18,926 current US$ | Faroe Islands |
| 2000s | 3,447 current US$ | 36,689 current US$ | 33,242 current US$ | Faroe Islands |
| 2010s | 6,551 current US$ | 56,024 current US$ | 49,473 current US$ | Faroe Islands |
| 2020s | 7,608 current US$ | 69,080 current US$ | 61,472 current US$ | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp per capita, Europe & Central Asia (excluding high income) or Faroe Islands?
- Faroe Islands, at 74,175 current US$ against 11,118 current US$ in Europe & Central Asia (excluding high income) as of 2024.
- What is the difference in gdp per capita between Europe & Central Asia (excluding high income) and Faroe Islands?
- 63,057 current US$, with Faroe Islands ahead.
- How many years of comparable data are there for Europe & Central Asia (excluding high income) and Faroe Islands?
- 38 years are reported by both, from 1987 to 2024.
- How do Europe & Central Asia (excluding high income) and Faroe Islands rank globally for gdp per capita?
- Europe & Central Asia (excluding high income) ranks 16th and Faroe Islands ranks 16th of 47 groups.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as GDP per capita (current US$). 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.