Denmark vs Faroe Islands: Taxes less subsidies on products (current LCU), per unit of GDP

Denmark
0.7502 current LCU per US$ of GDP
in 2025
Faroe Islands
0.8141 current LCU per US$ of GDP
in 2024
Denmark rank
102nd
Faroe Islands rank
99th

Taxes less subsidies on products (current LCU), per unit of GDP over time

  • Denmark
  • Faroe Islands
00.511.5196619952025

How they compare

Faroe Islands currently reports 0.8141 current LCU per US$ of GDP against 0.7502 current LCU per US$ of GDP in Denmark, a difference of 0.0639 current LCU per US$ of GDP.

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

The two have swapped places 3 times across 27 shared years of data; in 1998 it was Denmark ahead.

Denmark ranks 102nd and Faroe Islands ranks 99th of 197 countries.

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

Head to head by decade

Decade Denmark Faroe Islands Difference Ahead
1990s 1.01 current LCU per US$ of GDP 0.9219 current LCU per US$ of GDP 0.0852 current LCU per US$ of GDP Denmark
2000s 0.9225 current LCU per US$ of GDP 0.8768 current LCU per US$ of GDP 0.0457 current LCU per US$ of GDP Denmark
2010s 0.8144 current LCU per US$ of GDP 0.6967 current LCU per US$ of GDP 0.1177 current LCU per US$ of GDP Denmark
2020s 0.8167 current LCU per US$ of GDP 0.7905 current LCU per US$ of GDP 0.0261 current LCU per US$ of GDP Denmark

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes less subsidies on products (current lcu), per unit of gdp, Denmark or Faroe Islands?
Faroe Islands, at 0.8141 current LCU per US$ of GDP against 0.7502 current LCU per US$ of GDP in Denmark as of 2024.
What is the difference in taxes less subsidies on products (current lcu), per unit of gdp between Denmark and Faroe Islands?
0.0639 current LCU per US$ of GDP, with Faroe Islands ahead.
How many years of comparable data are there for Denmark and Faroe Islands?
27 years are reported by both, from 1998 to 2024.
How do Denmark and Faroe Islands rank globally for taxes less subsidies on products (current lcu), per unit of gdp?
Denmark ranks 102nd and Faroe Islands ranks 99th of 197 countries.
Where does this data come from?
Statizoid (derived), published as Taxes less subsidies on products (current LCU), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Denmark vs Faroe Islands: Taxes less subsidies on products (current LCU), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 15 September 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-current-lcu-per-unit-of-gdp/denmark/faroe-islands/

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About this data

Indicator
Taxes less subsidies on products (current LCU), per unit of GDP
Unit
current LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
198 places, 8,406 data points, 1960–2025
Last refreshed

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