Australia vs Faroe Islands: GDP price levels relative to the US
Australia
0.8959
in 2024
Faroe Islands
0.9049
in 2024
Australia rank
16th
Faroe Islands rank
15th
GDP price levels relative to the US over time
- Australia
- Faroe Islands
How they compare
Faroe Islands currently reports 0.9049 against 0.8959 in Australia, a difference of 0.009.
The two have swapped places 5 times across 17 shared years of data; in 2008 it was Australia ahead.
Australia ranks 16th and Faroe Islands ranks 15th of 202 countries.
Across the 3 decades both report, Australia averaged higher in 2 and Faroe Islands in 1.
Head to head by decade
| Decade | Australia | Faroe Islands | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.19 | 1.22 | 0.028 | Faroe Islands |
| 2010s | 1.28 | 1.09 | 0.1876 | Australia |
| 2020s | 0.9566 | 0.9458 | 0.0108 | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp price levels relative to the us, Australia or Faroe Islands?
- Faroe Islands, at 0.9049 against 0.8959 in Australia as of 2024.
- What is the difference in gdp price levels relative to the us between Australia and Faroe Islands?
- 0.009, with Faroe Islands ahead.
- How many years of comparable data are there for Australia and Faroe Islands?
- 17 years are reported by both, from 2008 to 2024.
- How do Australia and Faroe Islands rank globally for gdp price levels relative to the us?
- Australia ranks 16th and Faroe Islands ranks 15th of 202 countries.
- Where does this data come from?
- World Development Indicators - World Bank (2026) – processed by Our World in Data, published as GDP price levels relative to the US. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Ratio of Purchasing Power Parity (PPP) conversion factor to market exchange rate.