Denmark vs Faroe Islands: GDP per capita, PPP
GDP per capita, PPP over time
- Denmark
- Faroe Islands
How they compare
Denmark currently reports 72,723 constant 2021 international $ against 72,114 constant 2021 international $ in Faroe Islands, a difference of 609 constant 2021 international $.
The two have swapped places 3 times across 17 shared years of data; in 2008 it was Denmark ahead.
Denmark ranks 13th and Faroe Islands ranks 14th of 200 countries.
Across the 3 decades both report, Denmark averaged higher in 2 and Faroe Islands in 1.
Head to head by decade
| Decade | Denmark | Faroe Islands | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 60,902 constant 2021 international $ | 52,899 constant 2021 international $ | 8,003 constant 2021 international $ | Denmark |
| 2010s | 62,551 constant 2021 international $ | 61,537 constant 2021 international $ | 1,014 constant 2021 international $ | Denmark |
| 2020s | 68,765 constant 2021 international $ | 69,736 constant 2021 international $ | 971.26 constant 2021 international $ | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp per capita, ppp, Denmark or Faroe Islands?
- Denmark, at 72,723 constant 2021 international $ against 72,114 constant 2021 international $ in Faroe Islands as of 2025.
- What is the difference in gdp per capita, ppp between Denmark and Faroe Islands?
- 609 constant 2021 international $, with Denmark ahead.
- How many years of comparable data are there for Denmark and Faroe Islands?
- 17 years are reported by both, from 2008 to 2024.
- How do Denmark and Faroe Islands rank globally for gdp per capita, ppp?
- Denmark ranks 13th and Faroe Islands ranks 14th of 200 countries.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), published as GDP per capita, PPP (constant 2021 international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
This indicator provides values for gross domestic product (GDP) per person expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. 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 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.