Faroe Islands vs Sweden: Gross value added at basic prices (GVA) (current US$), per capita

Faroe Islands
65,417 current US$ per person
in 2024
Sweden
56,545 current US$ per person
in 2025
Faroe Islands rank
17th
Sweden rank
19th

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

  • Faroe Islands
  • Sweden
020.0k40.0k60.0k197019972025

How they compare

Faroe Islands currently reports 65,417 current US$ per person against 56,545 current US$ per person in Sweden, a difference of 8,872 current US$ per person.

That makes Faroe Islands's figure about 1.2 times Sweden's.

The two have swapped places 1 time across 27 shared years of data; in 1998 it was Sweden ahead.

Faroe Islands ranks 17th and Sweden ranks 19th of 205 countries.

Across the 4 decades both report, Faroe Islands averaged higher in 2 and Sweden in 2.

Head to head by decade

Decade Faroe Islands Sweden Difference Ahead
1990s 21,503 current US$ per person 27,222 current US$ per person 5,718 current US$ per person Sweden
2000s 31,664 current US$ per person 36,592 current US$ per person 4,928 current US$ per person Sweden
2010s 49,632 current US$ per person 48,962 current US$ per person 670.11 current US$ per person Faroe Islands
2020s 60,973 current US$ per person 49,867 current US$ per person 11,106 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$), per capita, Faroe Islands or Sweden?
Faroe Islands, at 65,417 current US$ per person against 56,545 current US$ per person in Sweden as of 2024.
What is the difference in gross value added at basic prices (gva) (current us$), per capita between Faroe Islands and Sweden?
8,872 current US$ per person, with Faroe Islands ahead.
How many years of comparable data are there for Faroe Islands and Sweden?
27 years are reported by both, from 1998 to 2024.
How do Faroe Islands and Sweden rank globally for gross value added at basic prices (gva) (current us$), per capita?
Faroe Islands ranks 17th and Sweden ranks 19th of 205 countries.
Where does this data come from?
Statizoid (derived), published as Gross value added at basic prices (GVA) (current US$), per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs Sweden: Gross value added at basic prices (GVA) (current US$), per capita. Statizoid, drawing on Statizoid (derived). Retrieved 29 August 2026, from https://economy.statizoid.com/compare/gross-value-added-at-basic-prices-gva-current-us-per-capita/faroe-islands/sweden/

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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.