Faroe Islands vs South Korea: GDP, PPP (current international $), annual growth rate

Faroe Islands
3.35 % change on previous year
in 2024
South Korea
3.26 % change on previous year
in 2025
Faroe Islands rank
161st
South Korea rank
162nd

GDP, PPP (current international $), annual growth rate over time

  • Faroe Islands
  • South Korea
-5051015199120082025

How they compare

Faroe Islands currently reports 3.35 % change on previous year against 3.26 % change on previous year in South Korea, a difference of 0.09 % change on previous year.

The two have swapped places 6 times across 16 shared years of data; in 2009 it was South Korea ahead.

Faroe Islands ranks 161st and South Korea ranks 162nd of 204 countries.

Across the 3 decades both report, Faroe Islands averaged higher in 2 and South Korea in 1.

Head to head by decade

Decade Faroe Islands South Korea Difference Ahead
2000s -3.96 % change on previous year -1 % change on previous year 2.96 % change on previous year South Korea
2010s 5.35 % change on previous year 4.75 % change on previous year 0.5993 % change on previous year Faroe Islands
2020s 6.93 % change on previous year 5.6 % change on previous year 1.33 % change on previous year Faroe Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gdp, ppp (current international $), annual growth rate, Faroe Islands or South Korea?
Faroe Islands, at 3.35 % change on previous year against 3.26 % change on previous year in South Korea as of 2024.
What is the difference in gdp, ppp (current international $), annual growth rate between Faroe Islands and South Korea?
0.09 % change on previous year, with Faroe Islands ahead.
How many years of comparable data are there for Faroe Islands and South Korea?
16 years are reported by both, from 2009 to 2024.
How do Faroe Islands and South Korea rank globally for gdp, ppp (current international $), annual growth rate?
Faroe Islands ranks 161st and South Korea ranks 162nd of 204 countries.
Where does this data come from?
Statizoid (derived), published as GDP, PPP (current international $), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs South Korea: GDP, PPP (current international $), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 28 September 2026, from https://economy.statizoid.com/compare/gdp-ppp-current-international-annual-growth-rate/faroe-islands/korea-rep/

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About this data

Indicator
GDP, PPP (current international $), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
251 places, 8,479 data points, 1991–2025
Last refreshed

The year-on-year percentage change in GDP, PPP (current international $). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.