Faroe Islands vs Late-demographic dividend: GDP per capita
GDP per capita over time
- Faroe Islands
- Late-demographic dividend
How they compare
Faroe Islands currently reports 74,175 current US$ against 13,677 current US$ in Late-demographic dividend, a difference of 60,498 current US$.
That makes Faroe Islands's figure about 5.4 times Late-demographic dividend's.
Across all 60 years both countries report, Faroe Islands has been ahead every year.
Faroe Islands ranks 15th and Late-demographic dividend ranks 13th of 212 countries.
Faroe Islands has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Faroe Islands | Late-demographic dividend | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 1,742 current US$ | 211.64 current US$ | 1,530 current US$ | Faroe Islands |
| 1970s | 5,742 current US$ | 470.85 current US$ | 5,271 current US$ | Faroe Islands |
| 1980s | 13,489 current US$ | 885.28 current US$ | 12,603 current US$ | Faroe Islands |
| 1990s | 20,618 current US$ | 1,376 current US$ | 19,242 current US$ | Faroe Islands |
| 2000s | 36,689 current US$ | 3,126 current US$ | 33,563 current US$ | Faroe Islands |
| 2010s | 56,024 current US$ | 8,537 current US$ | 47,487 current US$ | Faroe Islands |
| 2020s | 69,080 current US$ | 11,845 current US$ | 57,236 current US$ | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp per capita, Faroe Islands or Late-demographic dividend?
- Faroe Islands, at 74,175 current US$ against 13,677 current US$ in Late-demographic dividend as of 2024.
- What is the difference in gdp per capita between Faroe Islands and Late-demographic dividend?
- 60,498 current US$, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Late-demographic dividend?
- 60 years are reported by both, from 1965 to 2024.
- How do Faroe Islands and Late-demographic dividend rank globally for gdp per capita?
- Faroe Islands ranks 15th and Late-demographic dividend ranks 13th of 212 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as GDP per capita (current US$). 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.