Faroe Islands vs Iceland: Gross domestic savings (current US$), per capita

Faroe Islands
23,387 current US$ per person
in 2024
Iceland
23,906 current US$ per person
in 2025
Faroe Islands rank
12th
Iceland rank
11th

Gross domestic savings (current US$), per capita over time

  • Faroe Islands
  • Iceland
05.0k10.0k15.0k20.0k25.0k197019972025

How they compare

Iceland currently reports 23,906 current US$ per person against 23,387 current US$ per person in Faroe Islands, a difference of 519 current US$ per person.

The two have swapped places 3 times across 27 shared years of data; in 1998 it was Iceland ahead.

Faroe Islands ranks 12th and Iceland ranks 11th of 187 countries.

Across the 4 decades both report, Faroe Islands averaged higher in 1 and Iceland in 3.

Head to head by decade

Decade Faroe Islands Iceland Difference Ahead
1990s 5,528 current US$ per person 6,423 current US$ per person 894.94 current US$ per person Iceland
2000s 5,535 current US$ per person 9,472 current US$ per person 3,937 current US$ per person Iceland
2010s 12,885 current US$ per person 14,536 current US$ per person 1,651 current US$ per person Iceland
2020s 21,121 current US$ per person 17,844 current US$ per person 3,277 current US$ per person Faroe Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic savings (current us$), per capita, Faroe Islands or Iceland?
Iceland, at 23,906 current US$ per person against 23,387 current US$ per person in Faroe Islands as of 2025.
What is the difference in gross domestic savings (current us$), per capita between Faroe Islands and Iceland?
519 current US$ per person, with Iceland ahead.
How many years of comparable data are there for Faroe Islands and Iceland?
27 years are reported by both, from 1998 to 2024.
How do Faroe Islands and Iceland rank globally for gross domestic savings (current us$), per capita?
Faroe Islands ranks 12th and Iceland ranks 11th of 187 countries.
Where does this data come from?
Statizoid (derived), published as Gross domestic savings (current US$), per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs Iceland: Gross domestic savings (current US$), per capita. Statizoid, drawing on Statizoid (derived). Retrieved 05 September 2026, from https://economy.statizoid.com/compare/gross-domestic-savings-current-us-per-capita/faroe-islands/iceland/

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About this data

Indicator
Gross domestic savings (current US$), per capita
Unit
current US$ per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
230 places, 11,097 data points, 1960–2025
Last refreshed

Gross domestic savings (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.