GNI, Atlas method (current US$), per square kilometre in Faroe Islands
Faroe Islands: GNI, Atlas method (current US$), per square kilometre was 2.92 million current US$ per square kilometre in 2023. ▲ Rising
GNI, Atlas method (current US$), per square kilometre in Faroe Islands, 2010–2023
Source: Statizoid (derived). Measured in current US$ per square kilometre.
Analysis
The most recent figure for gni, atlas method (current us$), per square kilometre in Faroe Islands is 2.92 million current US$ per square kilometre, measured in 2023. That is the highest value across all 14 years on record.
The figure is up 1.5% on the previous year and up 41.7% over ten years.
Over the whole period, gni, atlas method (current us$), per square kilometre in Faroe Islands peaked at 2.92 million current US$ per square kilometre in 2023 and was at its lowest, 1.71 million current US$ per square kilometre, in 2010.
That places Faroe Islands 52nd out of 205 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 14 years of available data.
GNI, Atlas method (current US$), per square kilometre in Faroe Islands, year by year
| Year | current US$ per square kilometre | Change |
|---|---|---|
| 2010 | 1.71 million current US$ per square kilometre | — |
| 2011 | 1.86 million current US$ per square kilometre | +8.6% |
| 2012 | 1.95 million current US$ per square kilometre | +5.2% |
| 2013 | 2.06 million current US$ per square kilometre | +5.3% |
| 2014 | 2.10 million current US$ per square kilometre | +1.9% |
| 2015 | 2.02 million current US$ per square kilometre | -3.6% |
| 2016 | 2.03 million current US$ per square kilometre | +0.7% |
| 2017 | 2.08 million current US$ per square kilometre | +2.4% |
| 2018 | 2.30 million current US$ per square kilometre | +10.4% |
| 2019 | 2.45 million current US$ per square kilometre | +6.6% |
| 2020 | 2.47 million current US$ per square kilometre | +0.9% |
| 2021 | 2.72 million current US$ per square kilometre | +10.3% |
| 2022 | 2.87 million current US$ per square kilometre | +5.4% |
| 2023 | 2.92 million current US$ per square kilometre | +1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.06 million current US$ per square kilometre | 1.71 million current US$ per square kilometre | 2.45 million current US$ per square kilometre | 10 |
| 2020s | 2.75 million current US$ per square kilometre | 2.47 million current US$ per square kilometre | 2.92 million current US$ per square kilometre | 4 |
Countries ranked near Faroe Islands
- 49 Portugal 3.04 million current US$ per square kilometre compare
- 50 Brunei Darussalam 3.00 million current US$ per square kilometre compare
- 51 United States of America 2.94 million current US$ per square kilometre compare
- 53 Saint Vincent and the Grenadines 2.65 million current US$ per square kilometre compare
- 54 Slovakia 2.56 million current US$ per square kilometre compare
- 55 Tuvalu 2.46 million current US$ per square kilometre compare
More economy & growth data for Faroe Islands
- Gdp per capita worldbank constant usd 59,302 (2024)
- Services, value added 53.8% (2024)
- Gdp worldbank constant usd, per unit of GDP 0.7995 units per US$ of GDP (2024)
- Gdp worldbank constant usd, per capita 59,302 units per person (2024)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- Manufacturing value added to gdp, per capita 0.0002 units per person (2024)
- External balance on goods and services as a percent of gdp 3.36 (2024)
- Gross value added at basic prices (GVA) 24.64 billion current LCU (2024)
- Gross value added at basic prices (GVA) 3.57 billion current US$ (2024)
- Discrepancy in expenditure estimate of GDP 100,000 current LCU (2024)
Frequently asked questions
- What is gni, atlas method (current us$), per square kilometre in Faroe Islands?
- Gni, atlas method (current us$), per square kilometre in Faroe Islands was 2.92 million current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gni, atlas method (current us$), per square kilometre recorded in Faroe Islands?
- The highest recorded value was 2.92 million current US$ per square kilometre in 2023.
- What is the lowest gni, atlas method (current us$), per square kilometre recorded in Faroe Islands?
- The lowest recorded value was 1.71 million current US$ per square kilometre in 2010.
- How does Faroe Islands rank for gni, atlas method (current us$), per square kilometre?
- Faroe Islands ranks 52nd out of 205 countries with data for 2023.
- Is gni, atlas method (current us$), per square kilometre rising or falling in Faroe Islands?
- Over the last ten years it is up 41.7%. The long-run trend across the full record is rising.
- Where does this Faroe Islands data come from?
- The figures come from Statizoid (derived), published as part of GNI, Atlas method (current US$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
GNI, Atlas method (current US$) 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.
GNI, Atlas method (current US$) ÷ Land area (sq. km)
Computed from
- GNI, Atlas method Country official statistics, National Statistical Organizations and/or Central Banks
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
GNI, Atlas method (current US$) 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.