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

Faroe Islands
71,683 current US$ per person
in 2024
Small states
16,736 current US$ per person
in 2025
Faroe Islands rank
8th
Small states rank
10th

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

  • Faroe Islands
  • Small states
020.0k40.0k60.0k80.0k199020072025

How they compare

Faroe Islands currently reports 71,683 current US$ per person against 16,736 current US$ per person in Small states, a difference of 54,947 current US$ per person.

That makes Faroe Islands's figure about 4.3 times Small states's.

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

Faroe Islands ranks 8th and Small states ranks 10th of 186 countries.

Faroe Islands has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Faroe Islands Small states Difference Ahead
1990s 25,016 current US$ per person 4,898 current US$ per person 20,118 current US$ per person Faroe Islands
2000s 40,573 current US$ per person 7,713 current US$ per person 32,860 current US$ per person Faroe Islands
2010s 56,261 current US$ per person 10,926 current US$ per person 45,335 current US$ per person Faroe Islands
2020s 68,549 current US$ per person 13,552 current US$ per person 54,998 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$), per capita, Faroe Islands or Small states?
Faroe Islands, at 71,683 current US$ per person against 16,736 current US$ per person in Small states as of 2024.
What is the difference in gross national expenditure (current us$), per capita between Faroe Islands and Small states?
54,947 current US$ per person, with Faroe Islands ahead.
How many years of comparable data are there for Faroe Islands and Small states?
27 years are reported by both, from 1998 to 2024.
How do Faroe Islands and Small states rank globally for gross national expenditure (current us$), per capita?
Faroe Islands ranks 8th and Small states ranks 10th of 186 countries.
Where does this data come from?
Statizoid (derived), published as Gross national expenditure (current US$), per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs Small states: 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/faroe-islands/small-states/

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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.