Australia vs Faroe Islands: Gross national expenditure (current US$), per capita

Australia
64,781 current US$ per person
in 2025
Faroe Islands
71,683 current US$ per person
in 2024
Australia rank
11th
Faroe Islands rank
8th

Gross national expenditure (current US$), per capita over time

  • Australia
  • Faroe Islands
020.0k40.0k60.0k80.0k196019922025

How they compare

Faroe Islands currently reports 71,683 current US$ per person against 64,781 current US$ per person in Australia, a difference of 6,902 current US$ per person.

That makes Faroe Islands's figure about 1.1 times Australia's.

The two have swapped places 2 times across 27 shared years of data; in 1998 it was Faroe Islands ahead.

Australia ranks 11th and Faroe Islands ranks 8th of 186 countries.

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

Head to head by decade

Decade Australia Faroe Islands Difference Ahead
1990s 21,480 current US$ per person 25,016 current US$ per person 3,536 current US$ per person Faroe Islands
2000s 32,692 current US$ per person 40,573 current US$ per person 7,881 current US$ per person Faroe Islands
2010s 59,025 current US$ per person 56,261 current US$ per person 2,763 current US$ per person Australia
2020s 59,184 current US$ per person 68,549 current US$ per person 9,366 current US$ per person Faroe Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross national expenditure (current us$), per capita, Australia or Faroe Islands?
Faroe Islands, at 71,683 current US$ per person against 64,781 current US$ per person in Australia as of 2024.
What is the difference in gross national expenditure (current us$), per capita between Australia and Faroe Islands?
6,902 current US$ per person, with Faroe Islands ahead.
How many years of comparable data are there for Australia and Faroe Islands?
27 years are reported by both, from 1998 to 2024.
How do Australia and Faroe Islands rank globally for gross national expenditure (current us$), per capita?
Australia ranks 11th and Faroe Islands ranks 8th of 186 countries.
Where does this data come from?
Statizoid (derived), published as Gross national expenditure (current US$), per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Faroe Islands: Gross national expenditure (current US$), per capita. Statizoid, drawing on Statizoid (derived). Retrieved 08 September 2026, from https://economy.statizoid.com/compare/gross-national-expenditure-current-us-per-capita/australia/faroe-islands/

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About this data

Indicator
Gross national expenditure (current US$), per capita
Unit
current US$ per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
229 places, 10,855 data points, 1960–2025
Last refreshed

Gross national expenditure (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.