GDP (current US$), per square kilometre in Faroe Islands

Faroe Islands: GDP (current US$), per square kilometre was 2.88 million current US$ per square kilometre in 2023. ◆ Volatile

Latest (2023)
2.88 million current US$ per square kilometre
Change on year
up 9.1%
World rank
55th
of 210 countries
All-time high
2.88 million current US$ per square kilometre
in 2023
All-time low
41,515 current US$ per square kilometre
in 1965
Years of data
59
1965–2023

GDP (current US$), per square kilometre in Faroe Islands, 1965–2023

01.0M2.0M3.0M196519942023

Source: Statizoid (derived). Measured in current US$ per square kilometre.

Analysis

The most recent figure for gdp (current us$), per square kilometre in Faroe Islands is 2.88 million current US$ per square kilometre, measured in 2023. That is the highest value across all 59 years on record.

That represents a change of up 9.1% on the previous year and up 49.4% over ten years.

Over the whole period, gdp (current us$), per square kilometre in Faroe Islands peaked at 2.88 million current US$ per square kilometre in 2023 and was at its lowest, 41,515 current US$ per square kilometre, in 1965.

Faroe Islands ranks 55th of 210 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

GDP (current US$), per square kilometre in Faroe Islands, year by year

Annual values for GDP (current US$), per square kilometre in Faroe Islands, 1965 to 2023.
Year current US$ per square kilometre Change
1965 41,515 current US$ per square kilometre
1966 46,130 current US$ per square kilometre +11.1%
1967 47,439 current US$ per square kilometre +2.8%
1968 46,695 current US$ per square kilometre -1.6%
1969 50,220 current US$ per square kilometre +7.5%
1970 60,840 current US$ per square kilometre +21.1%
1971 71,074 current US$ per square kilometre +16.8%
1972 85,484 current US$ per square kilometre +20.3%
1973 115,499 current US$ per square kilometre +35.1%
1974 140,953 current US$ per square kilometre +22.0%
1975 162,897 current US$ per square kilometre +15.6%
1976 193,746 current US$ per square kilometre +18.9%
1977 249,139 current US$ per square kilometre +28.6%
1978 284,981 current US$ per square kilometre +14.4%
1979 321,324 current US$ per square kilometre +12.8%
1980 353,162 current US$ per square kilometre +9.9%
1981 326,823 current US$ per square kilometre -7.5%
1982 318,085 current US$ per square kilometre -2.7%
1983 348,571 current US$ per square kilometre +9.6%
1984 305,164 current US$ per square kilometre -12.5%
1985 329,016 current US$ per square kilometre +7.8%
1986 493,491 current US$ per square kilometre +50.0%
1987 635,035 current US$ per square kilometre +28.7%
1988 693,823 current US$ per square kilometre +9.3%
1989 624,595 current US$ per square kilometre -10.0%
1990 688,256 current US$ per square kilometre +10.2%
1991 651,327 current US$ per square kilometre -5.4%
1992 653,775 current US$ per square kilometre +0.4%
1993 545,098 current US$ per square kilometre -16.6%
1994 543,509 current US$ per square kilometre -0.3%
1995 645,706 current US$ per square kilometre +18.8%
1996 708,837 current US$ per square kilometre +9.8%
1997 668,885 current US$ per square kilometre -5.6%
1998 791,361 current US$ per square kilometre +18.3%
1999 807,794 current US$ per square kilometre +2.1%
2000 764,405 current US$ per square kilometre -5.4%
2001 831,139 current US$ per square kilometre +8.7%
2002 913,388 current US$ per square kilometre +9.9%
2003 1.08 million current US$ per square kilometre +17.8%
2004 1.24 million current US$ per square kilometre +14.8%
2005 1.26 million current US$ per square kilometre +2.0%
2006 1.45 million current US$ per square kilometre +14.7%
2007 1.68 million current US$ per square kilometre +15.9%
2008 1.78 million current US$ per square kilometre +6.4%
2009 1.64 million current US$ per square kilometre -7.8%
2010 1.67 million current US$ per square kilometre +1.6%
2011 1.79 million current US$ per square kilometre +7.5%
2012 1.74 million current US$ per square kilometre -3.1%
2013 1.93 million current US$ per square kilometre +10.8%
2014 2.09 million current US$ per square kilometre +8.3%
2015 1.84 million current US$ per square kilometre -11.7%
2016 2.02 million current US$ per square kilometre +9.3%
2017 2.13 million current US$ per square kilometre +5.9%
2018 2.28 million current US$ per square kilometre +7.0%
2019 2.34 million current US$ per square kilometre +2.4%
2020 2.40 million current US$ per square kilometre +2.4%
2021 2.70 million current US$ per square kilometre +12.7%
2022 2.64 million current US$ per square kilometre -2.3%
2023 2.88 million current US$ per square kilometre +9.1%

Averages by decade

DecadeAverage LowestHighest Years
1960s 46,400 current US$ per square kilometre 41,515 current US$ per square kilometre 50,220 current US$ per square kilometre 5
1970s 168,594 current US$ per square kilometre 60,840 current US$ per square kilometre 321,324 current US$ per square kilometre 10
1980s 442,776 current US$ per square kilometre 305,164 current US$ per square kilometre 693,823 current US$ per square kilometre 10
1990s 670,455 current US$ per square kilometre 543,509 current US$ per square kilometre 807,794 current US$ per square kilometre 10
2000s 1.26 million current US$ per square kilometre 764,405 current US$ per square kilometre 1.78 million current US$ per square kilometre 10
2010s 1.98 million current US$ per square kilometre 1.67 million current US$ per square kilometre 2.34 million current US$ per square kilometre 10
2020s 2.65 million current US$ per square kilometre 2.40 million current US$ per square kilometre 2.88 million current US$ per square kilometre 4

Countries ranked near Faroe Islands

  1. 52 Portugal 3.19 million current US$ per square kilometre compare
  2. 53 Palestine 3.09 million current US$ per square kilometre compare
  3. 54 United States 3.04 million current US$ per square kilometre compare
  4. 56 Brunei 2.86 million current US$ per square kilometre compare
  5. 57 Slovakia 2.78 million current US$ per square kilometre compare
  6. 58 Saint Vincent and the Grenadines 2.75 million current US$ per square kilometre compare

See the full ranking of 258 places →

More economy & growth data for Faroe Islands

All data for Faroe Islands →

Frequently asked questions

What is gdp (current us$), per square kilometre in Faroe Islands?
Gdp (current us$), per square kilometre in Faroe Islands was 2.88 million current US$ per square kilometre in 2023, according to Statizoid (derived).
What is the highest gdp (current us$), per square kilometre recorded in Faroe Islands?
The highest recorded value was 2.88 million current US$ per square kilometre in 2023.
What is the lowest gdp (current us$), per square kilometre recorded in Faroe Islands?
The lowest recorded value was 41,515 current US$ per square kilometre in 1965.
How does Faroe Islands rank for gdp (current us$), per square kilometre?
Faroe Islands ranks 55th out of 210 countries with data for 2023.
Is gdp (current us$), per square kilometre rising or falling in Faroe Islands?
Over the last ten years it is up 49.4%. 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 US$), per square kilometre. Statizoid updates them automatically from the source API.

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GDP (current US$), per square kilometre in Faroe Islands. Statizoid, drawing on Statizoid (derived). Retrieved 27 August 2026, from https://economy.statizoid.com/stat/gdp-current-us-per-square-kilometre/faroe-islands/

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How this figure is calculated

GDP (current US$) 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 US$) ÷ Land area (sq. km)

Computed from

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

Indicator
GDP (current US$), per square kilometre
Unit
current US$ per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
258 places, 13,774 data points, 1961–2023
Last refreshed

GDP (current US$) 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.