Faroe Islands vs Latin America & Caribbean: Gross value added at basic prices (GVA) (current US$), per capita
Faroe Islands
65,417 current US$ per person
in 2024
Latin America & Caribbean
10,278 current US$ per person
in 2025
Faroe Islands rank
17th
Latin America & Caribbean rank
14th
Gross value added at basic prices (GVA) (current US$), per capita over time
- Faroe Islands
- Latin America & Caribbean
How they compare
Faroe Islands currently reports 65,417 current US$ per person against 10,278 current US$ per person in Latin America & Caribbean, a difference of 55,139 current US$ per person.
That makes Faroe Islands's figure about 6.4 times Latin America & Caribbean's.
Across all 27 years both countries report, Faroe Islands has been ahead every year.
Faroe Islands ranks 17th and Latin America & Caribbean ranks 14th of 205 countries.
Faroe Islands has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Faroe Islands | Latin America & Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 21,503 current US$ per person | 4,014 current US$ per person | 17,490 current US$ per person | Faroe Islands |
| 2000s | 31,664 current US$ per person | 4,925 current US$ per person | 26,739 current US$ per person | Faroe Islands |
| 2010s | 49,632 current US$ per person | 8,471 current US$ per person | 41,161 current US$ per person | Faroe Islands |
| 2020s | 60,973 current US$ per person | 8,609 current US$ per person | 52,364 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$), per capita, Faroe Islands or Latin America & Caribbean?
- Faroe Islands, at 65,417 current US$ per person against 10,278 current US$ per person in Latin America & Caribbean as of 2024.
- What is the difference in gross value added at basic prices (gva) (current us$), per capita between Faroe Islands and Latin America & Caribbean?
- 55,139 current US$ per person, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Latin America & Caribbean?
- 27 years are reported by both, from 1998 to 2024.
- How do Faroe Islands and Latin America & Caribbean rank globally for gross value added at basic prices (gva) (current us$), per capita?
- Faroe Islands ranks 17th and Latin America & Caribbean ranks 14th of 205 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross value added at basic prices (GVA) (current US$), 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.