European Union vs Faroe Islands: Gross national expenditure (current US$), per capita
European Union
45,294 current US$ per person
in 2025
Faroe Islands
71,683 current US$ per person
in 2024
European Union rank
6th
Faroe Islands rank
8th
Gross national expenditure (current US$), per capita over time
- European Union
- Faroe Islands
How they compare
Faroe Islands currently reports 71,683 current US$ per person against 45,294 current US$ per person in European Union, a difference of 26,389 current US$ per person.
That makes Faroe Islands's figure about 1.6 times European Union's.
Across all 27 years both countries report, Faroe Islands has been ahead every year.
European Union ranks 6th 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 | European Union | Faroe Islands | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 18,237 current US$ per person | 25,016 current US$ per person | 6,779 current US$ per person | Faroe Islands |
| 2000s | 25,926 current US$ per person | 40,573 current US$ per person | 14,646 current US$ per person | Faroe Islands |
| 2010s | 32,843 current US$ per person | 56,261 current US$ per person | 23,419 current US$ per person | Faroe Islands |
| 2020s | 38,003 current US$ per person | 68,549 current US$ per person | 30,546 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$), per capita, European Union or Faroe Islands?
- Faroe Islands, at 71,683 current US$ per person against 45,294 current US$ per person in European Union as of 2024.
- What is the difference in gross national expenditure (current us$), per capita between European Union and Faroe Islands?
- 26,389 current US$ per person, with Faroe Islands ahead.
- How many years of comparable data are there for European Union and Faroe Islands?
- 27 years are reported by both, from 1998 to 2024.
- How do European Union and Faroe Islands rank globally for gross national expenditure (current us$), per capita?
- European Union ranks 6th and Faroe Islands ranks 8th of 43 groups.
- Where does this data come from?
- Statizoid (derived), published as Gross national expenditure (current US$), 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.