Australia vs Faroe Islands: Gross value added at basic prices (GVA) (current US$), per capita
Australia
60,991 current US$ per person
in 2025
Faroe Islands
65,417 current US$ per person
in 2024
Australia rank
18th
Faroe Islands rank
17th
Gross value added at basic prices (GVA) (current US$), per capita over time
- Australia
- Faroe Islands
How they compare
Faroe Islands currently reports 65,417 current US$ per person against 60,991 current US$ per person in Australia, a difference of 4,426 current US$ per person.
That makes Faroe Islands's figure about 1.1 times Australia's.
The two have swapped places 8 times across 27 shared years of data; in 1998 it was Faroe Islands ahead.
Australia ranks 18th and Faroe Islands ranks 17th of 205 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 | 19,447 current US$ per person | 21,503 current US$ per person | 2,056 current US$ per person | Faroe Islands |
| 2000s | 29,615 current US$ per person | 31,664 current US$ per person | 2,049 current US$ per person | Faroe Islands |
| 2010s | 54,928 current US$ per person | 49,632 current US$ per person | 5,296 current US$ per person | Australia |
| 2020s | 57,579 current US$ per person | 60,973 current US$ per person | 3,394 current US$ per person | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva) (current us$), per capita, Australia or Faroe Islands?
- Faroe Islands, at 65,417 current US$ per person against 60,991 current US$ per person in Australia as of 2024.
- What is the difference in gross value added at basic prices (gva) (current us$), per capita between Australia and Faroe Islands?
- 4,426 current US$ 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 value added at basic prices (gva) (current us$), per capita?
- Australia ranks 18th and Faroe Islands ranks 17th of 205 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross value added at basic prices (GVA) (current US$), per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross value added at basic prices (GVA) (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.