Euro area vs Faroe Islands: Gross national expenditure (current US$), per capita
Euro area
48,253 current US$ per person
in 2025
Faroe Islands
71,683 current US$ per person
in 2024
Euro area rank
5th
Faroe Islands rank
8th
Gross national expenditure (current US$), per capita over time
- Euro area
- Faroe Islands
How they compare
Faroe Islands currently reports 71,683 current US$ per person against 48,253 current US$ per person in Euro area, a difference of 23,430 current US$ per person.
That makes Faroe Islands's figure about 1.5 times Euro area's.
Across all 27 years both countries report, Faroe Islands has been ahead every year.
Euro area ranks 5th and Faroe Islands ranks 8th of 43 groups.
Faroe Islands has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Euro area | Faroe Islands | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 21,188 current US$ per person | 25,016 current US$ per person | 3,828 current US$ per person | Faroe Islands |
| 2000s | 29,381 current US$ per person | 40,573 current US$ per person | 11,191 current US$ per person | Faroe Islands |
| 2010s | 36,205 current US$ per person | 56,261 current US$ per person | 20,056 current US$ per person | Faroe Islands |
| 2020s | 40,997 current US$ per person | 68,549 current US$ per person | 27,552 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$), per capita, Euro area or Faroe Islands?
- Faroe Islands, at 71,683 current US$ per person against 48,253 current US$ per person in Euro area as of 2024.
- What is the difference in gross national expenditure (current us$), per capita between Euro area and Faroe Islands?
- 23,430 current US$ per person, with Faroe Islands ahead.
- How many years of comparable data are there for Euro area and Faroe Islands?
- 27 years are reported by both, from 1998 to 2024.
- How do Euro area and Faroe Islands rank globally for gross national expenditure (current us$), per capita?
- Euro area ranks 5th and Faroe Islands ranks 8th of 43 groups.
- Where does this data come from?
- Statizoid (derived), published as Gross national expenditure (current US$), per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.