Faroe Islands vs Latin America & the Caribbean (IDA & IBRD countries): Manufacturing, value added (current US$), per capita

Faroe Islands
7,019 current US$ per person
in 2024
Latin America & the Caribbean (IDA & IBRD countries)
1,829 current US$ per person
in 2025
Faroe Islands rank
16th
Latin America & the Caribbean (IDA & IBRD countries) rank
18th

Manufacturing, value added (current US$), per capita over time

  • Faroe Islands
  • Latin America & the Caribbean (IDA & IBRD countries)
02.0k4.0k6.0k8.0k196519952025

How they compare

Faroe Islands currently reports 7,019 current US$ per person against 1,829 current US$ per person in Latin America & the Caribbean (IDA & IBRD countries), a difference of 5,190 current US$ per person.

That makes Faroe Islands's figure about 3.8 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 16th and Latin America & the Caribbean (IDA & IBRD countries) ranks 18th of 203 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 2,603 current US$ per person 832.65 current US$ per person 1,770 current US$ per person Faroe Islands
2000s 3,501 current US$ per person 1,002 current US$ per person 2,499 current US$ per person Faroe Islands
2010s 4,926 current US$ per person 1,489 current US$ per person 3,436 current US$ per person Faroe Islands
2020s 7,239 current US$ per person 1,605 current US$ per person 5,635 current US$ per person Faroe Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher manufacturing, value added (current us$), per capita, Faroe Islands or Latin America & the Caribbean (IDA & IBRD countries)?
Faroe Islands, at 7,019 current US$ per person against 1,829 current US$ per person in Latin America & the Caribbean (IDA & IBRD countries) as of 2024.
What is the difference in manufacturing, value added (current us$), per capita between Faroe Islands and Latin America & the Caribbean (IDA & IBRD countries)?
5,190 current US$ 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 manufacturing, value added (current us$), per capita?
Faroe Islands ranks 16th and Latin America & the Caribbean (IDA & IBRD countries) ranks 18th of 203 countries.
Where does this data come from?
Statizoid (derived), published as Manufacturing, value added (current US$), per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs Latin America & the Caribbean (IDA & IBRD countries): Manufacturing, value added (current US$), per capita. Statizoid, drawing on Statizoid (derived). Retrieved 14 September 2026, from https://economy.statizoid.com/compare/manufacturing-value-added-current-us-per-capita/faroe-islands/latin-america-and-the-caribbean-ida-and-ibrd-countries/

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About this data

Indicator
Manufacturing, value added (current US$), per capita
Unit
current US$ per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
251 places, 10,059 data points, 1960–2025
Last refreshed

Manufacturing, value added (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.