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

Faroe Islands
65,417 current US$ per person
in 2024
United States
67,708 current US$ per person
in 2021
Faroe Islands rank
17th
United States rank
15th

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

  • Faroe Islands
  • United States
020.0k40.0k60.0k197019972024

How they compare

United States currently reports 67,708 current US$ per person against 65,417 current US$ per person in Faroe Islands, a difference of 2,291 current US$ per person.

The two have swapped places 2 times across 24 shared years of data; in 1998 it was United States ahead.

Faroe Islands ranks 17th and United States ranks 15th of 205 countries.

United States has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Faroe Islands United States Difference Ahead
1990s 21,503 current US$ per person 32,456 current US$ per person 10,953 current US$ per person United States
2000s 31,664 current US$ per person 41,184 current US$ per person 9,519 current US$ per person United States
2010s 49,632 current US$ per person 53,948 current US$ per person 4,316 current US$ per person United States
2020s 57,823 current US$ per person 64,531 current US$ per person 6,708 current US$ per person United States

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross value added at basic prices (gva) (current us$), per capita, Faroe Islands or United States?
United States, at 67,708 current US$ per person against 65,417 current US$ per person in Faroe Islands as of 2021.
What is the difference in gross value added at basic prices (gva) (current us$), per capita between Faroe Islands and United States?
2,291 current US$ per person, with United States ahead.
How many years of comparable data are there for Faroe Islands and United States?
24 years are reported by both, from 1998 to 2021.
How do Faroe Islands and United States rank globally for gross value added at basic prices (gva) (current us$), per capita?
Faroe Islands ranks 17th and United States ranks 15th of 205 countries.
Where does this data come from?
Statizoid (derived), published as Gross value added at basic prices (GVA) (current US$), per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs United States: 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/united-states/

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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.