Faroe Islands vs Iceland: Primary income payments (BoP, current US$), per capita

Faroe Islands
2,409 BoP, current US$ per person
in 2011
Iceland
2,678 BoP, current US$ per person
in 2025
Faroe Islands rank
38th
Iceland rank
36th

Primary income payments (BoP, current US$), per capita over time

  • Faroe Islands
  • Iceland
05.0k10.0k15.0k20.0k197620002025

How they compare

Iceland currently reports 2,678 BoP, current US$ per person against 2,409 BoP, current US$ per person in Faroe Islands, a difference of 269 BoP, current US$ per person.

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

The two have swapped places 1 time across 14 shared years of data; in 1998 it was Faroe Islands ahead.

Faroe Islands ranks 38th and Iceland ranks 36th of 200 countries.

Across the 3 decades both report, Faroe Islands averaged higher in 1 and Iceland in 2.

Head to head by decade

Decade Faroe Islands Iceland Difference Ahead
1990s 1,807 BoP, current US$ per person 1,110 BoP, current US$ per person 697.23 BoP, current US$ per person Faroe Islands
2000s 2,081 BoP, current US$ per person 7,441 BoP, current US$ per person 5,359 BoP, current US$ per person Iceland
2010s 2,505 BoP, current US$ per person 9,228 BoP, current US$ per person 6,723 BoP, current US$ per person Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher primary income payments (bop, current us$), per capita, Faroe Islands or Iceland?
Iceland, at 2,678 BoP, current US$ per person against 2,409 BoP, current US$ per person in Faroe Islands as of 2025.
What is the difference in primary income payments (bop, current us$), per capita between Faroe Islands and Iceland?
269 BoP, current US$ per person, with Iceland ahead.
How many years of comparable data are there for Faroe Islands and Iceland?
14 years are reported by both, from 1998 to 2011.
How do Faroe Islands and Iceland rank globally for primary income payments (bop, current us$), per capita?
Faroe Islands ranks 38th and Iceland ranks 36th of 200 countries.
Where does this data come from?
Statizoid (derived), published as Primary income payments (BoP, current US$), 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: Primary income payments (BoP, current US$), per capita. Statizoid, drawing on Statizoid (derived). Retrieved 18 September 2026, from https://economy.statizoid.com/compare/primary-income-payments-bop-current-us-per-capita/faroe-islands/iceland/

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About this data

Indicator
Primary income payments (BoP, current US$), per capita
Unit
BoP, current US$ per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
247 places, 9,548 data points, 1960–2025
Last refreshed

Primary income payments (BoP, 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.