Faroe Islands vs Norway: Taxes less subsidies on products (current US$), per capita

Faroe Islands
8,758 current US$ per person
in 2024
Norway
8,374 current US$ per person
in 2025
Faroe Islands rank
3rd
Norway rank
5th

Taxes less subsidies on products (current US$), per capita over time

  • Faroe Islands
  • Norway
02.5k5.0k7.5k10.0k197019972025

How they compare

Faroe Islands currently reports 8,758 current US$ per person against 8,374 current US$ per person in Norway, a difference of 384 current US$ per person.

The two have swapped places 1 time across 27 shared years of data; in 1998 it was Norway ahead.

Faroe Islands ranks 3rd and Norway ranks 5th of 197 countries.

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

Head to head by decade

Decade Faroe Islands Norway Difference Ahead
1990s 3,350 current US$ per person 4,766 current US$ per person 1,415 current US$ per person Norway
2000s 5,024 current US$ per person 6,927 current US$ per person 1,903 current US$ per person Norway
2010s 6,392 current US$ per person 9,433 current US$ per person 3,041 current US$ per person Norway
2020s 8,107 current US$ per person 8,201 current US$ per person 94.03 current US$ per person Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes less subsidies on products (current us$), per capita, Faroe Islands or Norway?
Faroe Islands, at 8,758 current US$ per person against 8,374 current US$ per person in Norway as of 2024.
What is the difference in taxes less subsidies on products (current us$), per capita between Faroe Islands and Norway?
384 current US$ per person, with Faroe Islands ahead.
How many years of comparable data are there for Faroe Islands and Norway?
27 years are reported by both, from 1998 to 2024.
How do Faroe Islands and Norway rank globally for taxes less subsidies on products (current us$), per capita?
Faroe Islands ranks 3rd and Norway ranks 5th of 197 countries.
Where does this data come from?
Statizoid (derived), published as Taxes less subsidies on products (current US$), per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs Norway: Taxes less subsidies on products (current US$), per capita. Statizoid, drawing on Statizoid (derived). Retrieved 10 September 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-current-us-per-capita/faroe-islands/norway/

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About this data

Indicator
Taxes less subsidies on products (current US$), per capita
Unit
current US$ per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
198 places, 8,428 data points, 1960–2025
Last refreshed

Taxes less subsidies on products (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.