Faroe Islands vs Luxembourg: Taxes less subsidies on products (current LCU), per square kilometre

Faroe Islands
2.14 million current LCU per square kilometre
in 2023
Luxembourg
2.78 million current LCU per square kilometre
in 2023
Faroe Islands rank
69th
Luxembourg rank
66th

Taxes less subsidies on products (current LCU), per square kilometre over time

  • Faroe Islands
  • Luxembourg
500.0k1.0M1.5M2.0M2.5M3.0M199820102023

How they compare

Luxembourg currently reports 2.78 million current LCU per square kilometre against 2.14 million current LCU per square kilometre in Faroe Islands, a difference of 641,430 current LCU per square kilometre.

That makes Luxembourg's figure about 1.3 times Faroe Islands's.

Across all 24 years both countries report, Luxembourg has been ahead every year.

Faroe Islands ranks 69th and Luxembourg ranks 66th of 195 countries.

Luxembourg has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Faroe Islands Luxembourg Difference Ahead
2000s 1.06 million current LCU per square kilometre 1.25 million current LCU per square kilometre 187,436 current LCU per square kilometre Luxembourg
2010s 1.38 million current LCU per square kilometre 1.95 million current LCU per square kilometre 570,998 current LCU per square kilometre Luxembourg
2020s 2.08 million current LCU per square kilometre 2.63 million current LCU per square kilometre 554,212 current LCU per square kilometre Luxembourg

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes less subsidies on products (current lcu), per square kilometre, Faroe Islands or Luxembourg?
Luxembourg, at 2.78 million current LCU per square kilometre against 2.14 million current LCU per square kilometre in Faroe Islands as of 2023.
What is the difference in taxes less subsidies on products (current lcu), per square kilometre between Faroe Islands and Luxembourg?
641,430 current LCU per square kilometre, with Luxembourg ahead.
How many years of comparable data are there for Faroe Islands and Luxembourg?
24 years are reported by both, from 2000 to 2023.
How do Faroe Islands and Luxembourg rank globally for taxes less subsidies on products (current lcu), per square kilometre?
Faroe Islands ranks 69th and Luxembourg ranks 66th of 195 countries.
Where does this data come from?
Statizoid (derived), published as Taxes less subsidies on products (current LCU), per square kilometre. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs Luxembourg: Taxes less subsidies on products (current LCU), per square kilometre. Statizoid, drawing on Statizoid (derived). Retrieved 13 September 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-current-lcu-per-square-kilometre/faroe-islands/luxembourg/

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About this data

Indicator
Taxes less subsidies on products (current LCU), per square kilometre
Unit
current LCU per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
196 places, 7,867 data points, 1961–2023
Last refreshed

Taxes less subsidies on products (current LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.