Faroe Islands vs IBRD only: Households and NPISHs Final consumption expenditure (current US$)

Faroe Islands
30,122 current US$ per person
in 2024
IBRD only
4,172 current US$ per person
in 2024
Faroe Islands rank
20th
IBRD only rank
22nd

Households and NPISHs Final consumption expenditure (current US$) over time

  • Faroe Islands
  • IBRD only
010.0k20.0k30.0k196019922024

How they compare

Faroe Islands currently reports 30,122 current US$ per person against 4,172 current US$ per person in IBRD only, a difference of 25,950 current US$ per person.

That makes Faroe Islands's figure about 7.2 times IBRD only's.

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

Faroe Islands ranks 20th and IBRD only ranks 22nd of 190 countries.

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

Head to head by decade

Decade Faroe Islands IBRD only Difference Ahead
1990s 12,979 current US$ per person 843.39 current US$ per person 12,136 current US$ per person Faroe Islands
2000s 20,443 current US$ per person 1,300 current US$ per person 19,142 current US$ per person Faroe Islands
2010s 26,638 current US$ per person 2,913 current US$ per person 23,725 current US$ per person Faroe Islands
2020s 28,667 current US$ per person 3,718 current US$ per person 24,949 current US$ per person Faroe Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher households and npishs final consumption expenditure (current us$), Faroe Islands or IBRD only?
Faroe Islands, at 30,122 current US$ per person against 4,172 current US$ per person in IBRD only as of 2024.
What is the difference in households and npishs final consumption expenditure (current us$) between Faroe Islands and IBRD only?
25,950 current US$ per person, with Faroe Islands ahead.
How many years of comparable data are there for Faroe Islands and IBRD only?
27 years are reported by both, from 1998 to 2024.
How do Faroe Islands and IBRD only rank globally for households and npishs final consumption expenditure (current us$)?
Faroe Islands ranks 20th and IBRD only ranks 22nd of 190 countries.
Where does this data come from?
Statizoid (derived), published as Households and NPISHs Final consumption expenditure (current US$), per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs IBRD only: Households and NPISHs Final consumption expenditure (current US$). Statizoid, drawing on Statizoid (derived). Retrieved 11 September 2026, from https://economy.statizoid.com/compare/households-and-npishs-final-consumption-expenditure-current-us-per-capita/faroe-islands/ibrd-only/

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About this data

Indicator
Households and NPISHs Final consumption expenditure (current US$), per capita
Unit
current US$ per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
233 places, 11,082 data points, 1960–2025
Last refreshed

Households and NPISHs Final consumption expenditure (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.