Faroe Islands vs Latin America & the Caribbean (IDA & IBRD countries): GNI (current US$), per unit of GDP
GNI (current US$), per unit of GDP over time
- Faroe Islands
- Latin America & the Caribbean (IDA & IBRD countries)
How they compare
Faroe Islands currently reports 1.02 current US$ per US$ of GDP against 0.9653 current US$ per US$ of GDP in Latin America & the Caribbean (IDA & IBRD countries), a difference of 0.0547 current US$ per US$ of GDP.
That makes Faroe Islands's figure about 1.1 times Latin America & the Caribbean (IDA & IBRD countries)'s.
The two have swapped places 1 time across 50 shared years of data; in 1965 it was Latin America & the Caribbean (IDA & IBRD countries) ahead.
Faroe Islands ranks 37th and Latin America & the Caribbean (IDA & IBRD countries) ranks 39th of 207 countries.
Across the 7 decades both report, Faroe Islands averaged higher in 4 and Latin America & the Caribbean (IDA & IBRD countries) in 3.
Head to head by decade
| Decade | Faroe Islands | Latin America & the Caribbean (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 0.8999 current US$ per US$ of GDP | 0.9755 current US$ per US$ of GDP | 0.0756 current US$ per US$ of GDP | Latin America & the Caribbean (IDA & IBRD countries) |
| 1970s | 0.8964 current US$ per US$ of GDP | 0.9797 current US$ per US$ of GDP | 0.0833 current US$ per US$ of GDP | Latin America & the Caribbean (IDA & IBRD countries) |
| 1980s | 0.9168 current US$ per US$ of GDP | 0.9686 current US$ per US$ of GDP | 0.0517 current US$ per US$ of GDP | Latin America & the Caribbean (IDA & IBRD countries) |
| 1990s | 1.03 current US$ per US$ of GDP | 0.9757 current US$ per US$ of GDP | 0.0588 current US$ per US$ of GDP | Faroe Islands |
| 2000s | 1.03 current US$ per US$ of GDP | 0.9729 current US$ per US$ of GDP | 0.0523 current US$ per US$ of GDP | Faroe Islands |
| 2010s | 1.04 current US$ per US$ of GDP | 0.9723 current US$ per US$ of GDP | 0.0641 current US$ per US$ of GDP | Faroe Islands |
| 2020s | 1.02 current US$ per US$ of GDP | 0.9687 current US$ per US$ of GDP | 0.0527 current US$ per US$ of GDP | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gni (current us$), per unit of gdp, Faroe Islands or Latin America & the Caribbean (IDA & IBRD countries)?
- Faroe Islands, at 1.02 current US$ per US$ of GDP against 0.9653 current US$ per US$ of GDP in Latin America & the Caribbean (IDA & IBRD countries) as of 2024.
- What is the difference in gni (current us$), per unit of gdp between Faroe Islands and Latin America & the Caribbean (IDA & IBRD countries)?
- 0.0547 current US$ per US$ of GDP, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Latin America & the Caribbean (IDA & IBRD countries)?
- 50 years are reported by both, from 1965 to 2024.
- How do Faroe Islands and Latin America & the Caribbean (IDA & IBRD countries) rank globally for gni (current us$), per unit of gdp?
- Faroe Islands ranks 37th and Latin America & the Caribbean (IDA & IBRD countries) ranks 39th of 207 countries.
- Where does this data come from?
- Statizoid (derived), published as GNI (current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
GNI (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.