Europe & Central Asia (excluding high income) vs Faroe Islands: Gross value added at basic prices (GVA) (current US$), per capita

Europe & Central Asia (excluding high income)
9,921 current US$ per person
in 2025
Faroe Islands
65,417 current US$ per person
in 2024
Europe & Central Asia (excluding high income) rank
16th
Faroe Islands rank
17th

Gross value added at basic prices (GVA) (current US$), per capita over time

  • Europe & Central Asia (excluding high income)
  • Faroe Islands
020.0k40.0k60.0k198720062025

How they compare

Faroe Islands currently reports 65,417 current US$ per person against 9,921 current US$ per person in Europe & Central Asia (excluding high income), a difference of 55,496 current US$ per person.

That makes Faroe Islands's figure about 6.6 times Europe & Central Asia (excluding high income)'s.

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

Europe & Central Asia (excluding high income) ranks 16th and Faroe Islands ranks 17th of 38 groups.

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

Head to head by decade

Decade Europe & Central Asia (excluding high income) Faroe Islands Difference Ahead
1990s 1,683 current US$ per person 21,503 current US$ per person 19,821 current US$ per person Faroe Islands
2000s 3,054 current US$ per person 31,664 current US$ per person 28,610 current US$ per person Faroe Islands
2010s 5,828 current US$ per person 49,632 current US$ per person 43,804 current US$ per person Faroe Islands
2020s 6,814 current US$ per person 60,973 current US$ per person 54,159 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$), per capita, Europe & Central Asia (excluding high income) or Faroe Islands?
Faroe Islands, at 65,417 current US$ per person against 9,921 current US$ per person in Europe & Central Asia (excluding high income) as of 2024.
What is the difference in gross value added at basic prices (gva) (current us$), per capita between Europe & Central Asia (excluding high income) and Faroe Islands?
55,496 current US$ per person, with Faroe Islands ahead.
How many years of comparable data are there for Europe & Central Asia (excluding high income) and Faroe Islands?
27 years are reported by both, from 1998 to 2024.
How do Europe & Central Asia (excluding high income) and Faroe Islands rank globally for gross value added at basic prices (gva) (current us$), per capita?
Europe & Central Asia (excluding high income) ranks 16th and Faroe Islands ranks 17th of 38 groups.
Where does this data come from?
Statizoid (derived), published as Gross value added at basic prices (GVA) (current US$), per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Europe & Central Asia (excluding high income) vs Faroe Islands: Gross value added at basic prices (GVA) (current US$), per capita. Statizoid, drawing on Statizoid (derived). Retrieved 12 September 2026, from https://economy.statizoid.com/compare/gross-value-added-at-basic-prices-gva-current-us-per-capita/europe-and-central-asia-excluding-high-income/faroe-islands/

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<a href="https://economy.statizoid.com/compare/gross-value-added-at-basic-prices-gva-current-us-per-capita/europe-and-central-asia-excluding-high-income/faroe-islands/">Europe & Central Asia (excluding high income) vs Faroe Islands: Gross value added at basic prices (GVA) (current US$), per capita</a> — Statizoid

About this data

Indicator
Gross value added at basic prices (GVA) (current US$), per capita
Unit
current US$ per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
244 places, 10,967 data points, 1960–2025
Last refreshed

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.