Faroe Islands vs Norway: Gross capital formation (current LCU), per unit of GDP
Faroe Islands
1.94 current LCU per US$ of GDP
in 2024
Norway
2.41 current LCU per US$ of GDP
in 2025
Faroe Islands rank
100th
Norway rank
99th
Gross capital formation (current LCU), per unit of GDP over time
- Faroe Islands
- Norway
How they compare
Norway currently reports 2.41 current LCU per US$ of GDP against 1.94 current LCU per US$ of GDP in Faroe Islands, a difference of 0.47 current LCU per US$ of GDP.
That makes Norway's figure about 1.2 times Faroe Islands's.
The two have swapped places 8 times across 27 shared years of data; in 1998 it was Norway ahead.
Faroe Islands ranks 100th and Norway ranks 99th of 187 countries.
Across the 4 decades both report, Faroe Islands averaged higher in 1 and Norway in 3.
Head to head by decade
| Decade | Faroe Islands | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.57 current LCU per US$ of GDP | 1.97 current LCU per US$ of GDP | 0.4004 current LCU per US$ of GDP | Norway |
| 2000s | 1.68 current LCU per US$ of GDP | 1.51 current LCU per US$ of GDP | 0.1705 current LCU per US$ of GDP | Faroe Islands |
| 2010s | 1.43 current LCU per US$ of GDP | 1.84 current LCU per US$ of GDP | 0.4127 current LCU per US$ of GDP | Norway |
| 2020s | 2.01 current LCU per US$ of GDP | 2.36 current LCU per US$ of GDP | 0.3489 current LCU per US$ of GDP | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation (current lcu), per unit of gdp, Faroe Islands or Norway?
- Norway, at 2.41 current LCU per US$ of GDP against 1.94 current LCU per US$ of GDP in Faroe Islands as of 2025.
- What is the difference in gross capital formation (current lcu), per unit of gdp between Faroe Islands and Norway?
- 0.47 current LCU per US$ of GDP, with Norway ahead.
- How many years of comparable data are there for Faroe Islands and Norway?
- 27 years are reported by both, from 1998 to 2024.
- How do Faroe Islands and Norway rank globally for gross capital formation (current lcu), per unit of gdp?
- Faroe Islands ranks 100th and Norway ranks 99th of 187 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross capital formation (current LCU), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross capital formation (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.