Faroe Islands vs Latin America & the Caribbean (IDA & IBRD countries): Gross value added at basic prices (GVA) (current US$), per capita
Gross value added at basic prices (GVA) (current US$), per capita over time
- Faroe Islands
- Latin America & the Caribbean (IDA & IBRD countries)
How they compare
Faroe Islands currently reports 65,417 current US$ per person against 9,992 current US$ per person in Latin America & the Caribbean (IDA & IBRD countries), a difference of 55,425 current US$ per person.
That makes Faroe Islands's figure about 6.5 times Latin America & the Caribbean (IDA & IBRD countries)'s.
Across all 27 years both countries report, Faroe Islands has been ahead every year.
Faroe Islands ranks 17th and Latin America & the Caribbean (IDA & IBRD countries) ranks 15th 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 & the Caribbean (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 21,503 current US$ per person | 3,940 current US$ per person | 17,563 current US$ per person | Faroe Islands |
| 2000s | 31,664 current US$ per person | 4,799 current US$ per person | 26,865 current US$ per person | Faroe Islands |
| 2010s | 49,632 current US$ per person | 8,336 current US$ per person | 41,296 current US$ per person | Faroe Islands |
| 2020s | 60,973 current US$ per person | 8,362 current US$ per person | 52,611 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$), per capita, Faroe Islands or Latin America & the Caribbean (IDA & IBRD countries)?
- Faroe Islands, at 65,417 current US$ per person against 9,992 current US$ per person in Latin America & the Caribbean (IDA & IBRD countries) as of 2024.
- What is the difference in gross value added at basic prices (gva) (current us$), per capita between Faroe Islands and Latin America & the Caribbean (IDA & IBRD countries)?
- 55,425 current US$ per person, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Latin America & the Caribbean (IDA & IBRD countries)?
- 27 years are reported by both, from 1998 to 2024.
- How do Faroe Islands and Latin America & the Caribbean (IDA & IBRD countries) rank globally for gross value added at basic prices (gva) (current us$), per capita?
- Faroe Islands ranks 17th and Latin America & the Caribbean (IDA & IBRD countries) ranks 15th of 205 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross value added at basic prices (GVA) (current US$), 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.