Faroe Islands vs Iceland: Imports of goods and services (current US$), per capita

Faroe Islands
37,975 current US$ per person
in 2024
Iceland
41,663 current US$ per person
in 2025
Faroe Islands rank
14th
Iceland rank
13th

Imports of goods and services (current US$), per capita over time

  • Faroe Islands
  • Iceland
010.0k20.0k30.0k40.0k196519952025

How they compare

Iceland currently reports 41,663 current US$ per person against 37,975 current US$ per person in Faroe Islands, a difference of 3,688 current US$ per person.

That makes Iceland's figure about 1.1 times Faroe Islands's.

The two have swapped places 9 times across 55 shared years of data; in 1970 it was Iceland ahead.

Faroe Islands ranks 14th and Iceland ranks 13th of 193 countries.

Across the 6 decades both report, Faroe Islands averaged higher in 5 and Iceland in 1.

Head to head by decade

Decade Faroe Islands Iceland Difference Ahead
1970s 2,610 current US$ per person 2,571 current US$ per person 39.63 current US$ per person Faroe Islands
1980s 6,642 current US$ per person 5,762 current US$ per person 880.03 current US$ per person Faroe Islands
1990s 8,339 current US$ per person 9,079 current US$ per person 740.87 current US$ per person Iceland
2000s 20,430 current US$ per person 18,749 current US$ per person 1,682 current US$ per person Faroe Islands
2010s 30,201 current US$ per person 24,735 current US$ per person 5,466 current US$ per person Faroe Islands
2020s 37,208 current US$ per person 31,318 current US$ per person 5,891 current US$ per person Faroe Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher imports of goods and services (current us$), per capita, Faroe Islands or Iceland?
Iceland, at 41,663 current US$ per person against 37,975 current US$ per person in Faroe Islands as of 2025.
What is the difference in imports of goods and services (current us$), per capita between Faroe Islands and Iceland?
3,688 current US$ per person, with Iceland ahead.
How many years of comparable data are there for Faroe Islands and Iceland?
55 years are reported by both, from 1970 to 2024.
How do Faroe Islands and Iceland rank globally for imports of goods and services (current us$), per capita?
Faroe Islands ranks 14th and Iceland ranks 13th of 193 countries.
Where does this data come from?
Statizoid (derived), published as Imports of goods and services (current US$), per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs Iceland: Imports of goods and services (current US$), per capita. Statizoid, drawing on Statizoid (derived). Retrieved 14 September 2026, from https://economy.statizoid.com/compare/imports-of-goods-and-services-current-us-per-capita/faroe-islands/iceland/

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About this data

Indicator
Imports of goods and services (current US$), per capita
Unit
current US$ per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
238 places, 11,471 data points, 1960–2025
Last refreshed

Imports of goods and services (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.