Europe & Central Asia (IDA & IBRD countries) vs Faroe Islands: Gross national expenditure (current US$), per capita

Europe & Central Asia (IDA & IBRD countries)
15,396 current US$ per person
in 2025
Faroe Islands
71,683 current US$ per person
in 2024
Europe & Central Asia (IDA & IBRD countries) rank
11th
Faroe Islands rank
8th

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

  • Europe & Central Asia (IDA & IBRD countries)
  • Faroe Islands
020.0k40.0k60.0k80.0k199020072025

How they compare

Faroe Islands currently reports 71,683 current US$ per person against 15,396 current US$ per person in Europe & Central Asia (IDA & IBRD countries), a difference of 56,287 current US$ per person.

That makes Faroe Islands's figure about 4.7 times Europe & Central Asia (IDA & IBRD countries)'s.

Across all 27 years both countries report, Faroe Islands has been ahead every year.

Europe & Central Asia (IDA & IBRD countries) ranks 11th 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 Europe & Central Asia (IDA & IBRD countries) Faroe Islands Difference Ahead
1990s 2,020 current US$ per person 25,016 current US$ per person 22,995 current US$ per person Faroe Islands
2000s 4,610 current US$ per person 40,573 current US$ per person 35,963 current US$ per person Faroe Islands
2010s 9,042 current US$ per person 56,261 current US$ per person 47,219 current US$ per person Faroe Islands
2020s 10,826 current US$ per person 68,549 current US$ per person 57,724 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$), per capita, Europe & Central Asia (IDA & IBRD countries) or Faroe Islands?
Faroe Islands, at 71,683 current US$ per person against 15,396 current US$ per person in Europe & Central Asia (IDA & IBRD countries) as of 2024.
What is the difference in gross national expenditure (current us$), per capita between Europe & Central Asia (IDA & IBRD countries) and Faroe Islands?
56,287 current US$ per person, with Faroe Islands ahead.
How many years of comparable data are there for Europe & Central Asia (IDA & IBRD countries) and Faroe Islands?
27 years are reported by both, from 1998 to 2024.
How do Europe & Central Asia (IDA & IBRD countries) and Faroe Islands rank globally for gross national expenditure (current us$), per capita?
Europe & Central Asia (IDA & IBRD countries) ranks 11th and Faroe Islands ranks 8th of 43 groups.
Where does this data come from?
Statizoid (derived), published as Gross national expenditure (current US$), per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Europe & Central Asia (IDA & IBRD countries) vs Faroe Islands: Gross national expenditure (current US$), per capita. Statizoid, drawing on Statizoid (derived). Retrieved 14 September 2026, from https://economy.statizoid.com/compare/gross-national-expenditure-current-us-per-capita/europe-and-central-asia-ida-and-ibrd-countries/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.