GDP (current LCU), per square kilometre in Faroe Islands
Faroe Islands: GDP (current LCU), per square kilometre was 19.83 million current LCU per square kilometre in 2023. ◆ Volatile
Latest (2023)
19.83 million current LCU per square kilometre
Change on year
up 6.2%
World rank
90th
of 210 countries
All-time high
19.83 million current LCU per square kilometre
in 2023
All-time low
186,175 current LCU per square kilometre
in 1962
Years of data
62
1962–2023
GDP (current LCU), per square kilometre in Faroe Islands, 1962–2023
Source: Statizoid (derived). Measured in current LCU per square kilometre.
Analysis
The most recent figure for gdp (current lcu), per square kilometre in Faroe Islands is 19.83 million current LCU per square kilometre, measured in 2023. That is the highest value across all 62 years on record.
The figure is up 6.2% on the previous year and up 83.2% over ten years.
Over the whole period, gdp (current lcu), per square kilometre in Faroe Islands peaked at 19.83 million current LCU per square kilometre in 2023 and was at its lowest, 186,175 current LCU per square kilometre, in 1962.
That places Faroe Islands 90th out of 210 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current LCU), per square kilometre in Faroe Islands, year by year
| Year | current LCU per square kilometre | Change |
|---|---|---|
| 1962 | 186,175 current LCU per square kilometre | — |
| 1963 | 223,066 current LCU per square kilometre | +19.8% |
| 1964 | 254,155 current LCU per square kilometre | +13.9% |
| 1965 | 286,748 current LCU per square kilometre | +12.8% |
| 1966 | 318,625 current LCU per square kilometre | +11.1% |
| 1967 | 330,014 current LCU per square kilometre | +3.6% |
| 1968 | 350,215 current LCU per square kilometre | +6.1% |
| 1969 | 376,648 current LCU per square kilometre | +7.5% |
| 1970 | 456,304 current LCU per square kilometre | +21.1% |
| 1971 | 527,149 current LCU per square kilometre | +15.5% |
| 1972 | 594,054 current LCU per square kilometre | +12.7% |
| 1973 | 698,711 current LCU per square kilometre | +17.6% |
| 1974 | 859,097 current LCU per square kilometre | +23.0% |
| 1975 | 936,032 current LCU per square kilometre | +9.0% |
| 1976 | 1.17 million current LCU per square kilometre | +25.1% |
| 1977 | 1.50 million current LCU per square kilometre | +27.7% |
| 1978 | 1.57 million current LCU per square kilometre | +5.1% |
| 1979 | 1.69 million current LCU per square kilometre | +7.6% |
| 1980 | 1.99 million current LCU per square kilometre | +17.7% |
| 1981 | 2.33 million current LCU per square kilometre | +17.0% |
| 1982 | 2.65 million current LCU per square kilometre | +13.8% |
| 1983 | 3.19 million current LCU per square kilometre | +20.3% |
| 1984 | 3.16 million current LCU per square kilometre | -0.9% |
| 1985 | 3.49 million current LCU per square kilometre | +10.3% |
| 1986 | 3.99 million current LCU per square kilometre | +14.5% |
| 1987 | 4.34 million current LCU per square kilometre | +8.8% |
| 1988 | 4.67 million current LCU per square kilometre | +7.5% |
| 1989 | 4.57 million current LCU per square kilometre | -2.2% |
| 1990 | 4.26 million current LCU per square kilometre | -6.7% |
| 1991 | 4.17 million current LCU per square kilometre | -2.2% |
| 1992 | 3.95 million current LCU per square kilometre | -5.3% |
| 1993 | 3.53 million current LCU per square kilometre | -10.4% |
| 1994 | 3.46 million current LCU per square kilometre | -2.2% |
| 1995 | 3.62 million current LCU per square kilometre | +4.6% |
| 1996 | 4.11 million current LCU per square kilometre | +13.6% |
| 1997 | 4.42 million current LCU per square kilometre | +7.5% |
| 1998 | 5.30 million current LCU per square kilometre | +20.0% |
| 1999 | 5.64 million current LCU per square kilometre | +6.3% |
| 2000 | 6.18 million current LCU per square kilometre | +9.6% |
| 2001 | 6.92 million current LCU per square kilometre | +12.0% |
| 2002 | 7.21 million current LCU per square kilometre | +4.2% |
| 2003 | 7.09 million current LCU per square kilometre | -1.7% |
| 2004 | 7.40 million current LCU per square kilometre | +4.4% |
| 2005 | 7.56 million current LCU per square kilometre | +2.1% |
| 2006 | 8.60 million current LCU per square kilometre | +13.7% |
| 2007 | 9.12 million current LCU per square kilometre | +6.1% |
| 2008 | 9.09 million current LCU per square kilometre | -0.3% |
| 2009 | 8.82 million current LCU per square kilometre | -3.0% |
| 2010 | 9.39 million current LCU per square kilometre | +6.5% |
| 2011 | 9.64 million current LCU per square kilometre | +2.6% |
| 2012 | 10.07 million current LCU per square kilometre | +4.5% |
| 2013 | 10.82 million current LCU per square kilometre | +7.5% |
| 2014 | 11.72 million current LCU per square kilometre | +8.2% |
| 2015 | 12.40 million current LCU per square kilometre | +5.9% |
| 2016 | 13.57 million current LCU per square kilometre | +9.4% |
| 2017 | 14.10 million current LCU per square kilometre | +3.9% |
| 2018 | 14.42 million current LCU per square kilometre | +2.3% |
| 2019 | 15.61 million current LCU per square kilometre | +8.2% |
| 2020 | 15.67 million current LCU per square kilometre | +0.4% |
| 2021 | 16.98 million current LCU per square kilometre | +8.3% |
| 2022 | 18.67 million current LCU per square kilometre | +10.0% |
| 2023 | 19.83 million current LCU per square kilometre | +6.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 290,706 current LCU per square kilometre | 186,175 current LCU per square kilometre | 376,648 current LCU per square kilometre | 8 |
| 1970s | 1.00 million current LCU per square kilometre | 456,304 current LCU per square kilometre | 1.69 million current LCU per square kilometre | 10 |
| 1980s | 3.44 million current LCU per square kilometre | 1.99 million current LCU per square kilometre | 4.67 million current LCU per square kilometre | 10 |
| 1990s | 4.24 million current LCU per square kilometre | 3.46 million current LCU per square kilometre | 5.64 million current LCU per square kilometre | 10 |
| 2000s | 7.80 million current LCU per square kilometre | 6.18 million current LCU per square kilometre | 9.12 million current LCU per square kilometre | 10 |
| 2010s | 12.17 million current LCU per square kilometre | 9.39 million current LCU per square kilometre | 15.61 million current LCU per square kilometre | 10 |
| 2020s | 17.79 million current LCU per square kilometre | 15.67 million current LCU per square kilometre | 19.83 million current LCU per square kilometre | 4 |
Countries ranked near Faroe Islands
- 87 Yemen 21.93 million current LCU per square kilometre compare
- 88 Bahrain 21.71 million current LCU per square kilometre compare
- 89 Switzerland 21.11 million current LCU per square kilometre compare
- 91 Belgium 19.74 million current LCU per square kilometre compare
- 92 Uruguay 17.57 million current LCU per square kilometre compare
- 93 Guyana 16.71 million current LCU per square kilometre compare
More economy & growth data for Faroe Islands
- GDP (current US$), annual growth rate 2.78 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 451,018 current LCU per person (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 6.08 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 1.67 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 65,417 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8819 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), annual growth 1.6 % change on previous year (2024)
- GNI 4.12 billion current US$ (2024)
- GDP per capita 59,302 constant 2015 US$ (2024)
- GDP per capita growth 0.4% (2024)
Frequently asked questions
- What is gdp (current lcu), per square kilometre in Faroe Islands?
- Gdp (current lcu), per square kilometre in Faroe Islands was 19.83 million current LCU per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gdp (current lcu), per square kilometre recorded in Faroe Islands?
- The highest recorded value was 19.83 million current LCU per square kilometre in 2023.
- What is the lowest gdp (current lcu), per square kilometre recorded in Faroe Islands?
- The lowest recorded value was 186,175 current LCU per square kilometre in 1962.
- How does Faroe Islands rank for gdp (current lcu), per square kilometre?
- Faroe Islands ranks 90th out of 210 countries with data for 2023.
- Is gdp (current lcu), per square kilometre rising or falling in Faroe Islands?
- Over the last ten years it is up 83.2%. The long-run trend across the full record is volatile.
- Where does this Faroe Islands data come from?
- The figures come from Statizoid (derived), published as part of GDP (current LCU), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 62 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
GDP (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.
GDP (current LCU) ÷ Land area (sq. km)
Computed from
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
GDP (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.