Faroe Islands vs Latin America & Caribbean (excluding high income): Gross capital formation (current US$), per square kilometre

Faroe Islands
903,146 current US$ per square kilometre
in 2023
Latin America & Caribbean (excluding high income)
61,053 current US$ per square kilometre
in 2023
Faroe Islands rank
34th
Latin America & Caribbean (excluding high income) rank
31st

Gross capital formation (current US$), per square kilometre over time

  • Faroe Islands
  • Latin America & Caribbean (excluding high income)
0200.0k400.0k600.0k800.0k1.0M196119922023

How they compare

Faroe Islands currently reports 903,146 current US$ per square kilometre against 61,053 current US$ per square kilometre in Latin America & Caribbean (excluding high income), a difference of 842,093 current US$ per square kilometre.

That makes Faroe Islands's figure about 14.8 times Latin America & Caribbean (excluding high income)'s.

Across all 26 years both countries report, Faroe Islands has been ahead every year.

Faroe Islands ranks 34th and Latin America & Caribbean (excluding high income) ranks 31st of 184 countries.

Faroe Islands has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Faroe Islands Latin America & Caribbean (excluding high income) Difference Ahead
1990s 183,092 current US$ per square kilometre 21,642 current US$ per square kilometre 161,450 current US$ per square kilometre Faroe Islands
2000s 323,908 current US$ per square kilometre 29,580 current US$ per square kilometre 294,328 current US$ per square kilometre Faroe Islands
2010s 465,887 current US$ per square kilometre 55,510 current US$ per square kilometre 410,377 current US$ per square kilometre Faroe Islands
2020s 803,116 current US$ per square kilometre 51,328 current US$ per square kilometre 751,788 current US$ per square kilometre Faroe Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross capital formation (current us$), per square kilometre, Faroe Islands or Latin America & Caribbean (excluding high income)?
Faroe Islands, at 903,146 current US$ per square kilometre against 61,053 current US$ per square kilometre in Latin America & Caribbean (excluding high income) as of 2023.
What is the difference in gross capital formation (current us$), per square kilometre between Faroe Islands and Latin America & Caribbean (excluding high income)?
842,093 current US$ per square kilometre, with Faroe Islands ahead.
How many years of comparable data are there for Faroe Islands and Latin America & Caribbean (excluding high income)?
26 years are reported by both, from 1998 to 2023.
How do Faroe Islands and Latin America & Caribbean (excluding high income) rank globally for gross capital formation (current us$), per square kilometre?
Faroe Islands ranks 34th and Latin America & Caribbean (excluding high income) ranks 31st of 184 countries.
Where does this data come from?
Statizoid (derived), published as Gross capital formation (current US$), per square kilometre. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs Latin America & Caribbean (excluding high income): Gross capital formation (current US$), per square kilometre. Statizoid, drawing on Statizoid (derived). Retrieved 16 September 2026, from https://economy.statizoid.com/compare/gross-capital-formation-current-us-per-square-kilometre/faroe-islands/latin-america-and-caribbean-excluding-high-income/

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About this data

Indicator
Gross capital formation (current US$), per square kilometre
Unit
current US$ per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
227 places, 10,293 data points, 1961–2023
Last refreshed

Gross capital formation (current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.