GNI (current LCU), per square kilometre (GNI Country official) in Faroe Islands
Faroe Islands: GNI (current LCU), per square kilometre (GNI Country official) was 19.97 million current LCU per square kilometre in 2023. ◆ Volatile
Latest (2023)
19.97 million current LCU per square kilometre
Change on year
up 4.4%
World rank
89th
of 206 countries
All-time high
19.97 million current LCU per square kilometre
in 2023
All-time low
154,799 current LCU per square kilometre
in 1961
Years of data
53
1961–2023
GNI (current LCU), per square kilometre in Faroe Islands, 1961–2023
Source: Statizoid (derived). Measured in current LCU per square kilometre.
Analysis
The most recent figure for gni (current lcu), per square kilometre in Faroe Islands is 19.97 million current LCU per square kilometre, measured in 2023. That is the highest value across all 53 years on record.
That represents a change of up 4.4% on the previous year and up 75.0% over ten years.
Over the whole period, gni (current lcu), per square kilometre in Faroe Islands peaked at 19.97 million current LCU per square kilometre in 2023 and was at its lowest, 154,799 current LCU per square kilometre, in 1961.
That places Faroe Islands 89th out of 206 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.
GNI (current LCU), per square kilometre (GNI Country official) in Faroe Islands, year by year
| Year | current LCU per square kilometre | Change |
|---|---|---|
| 1961 | 154,799 current LCU per square kilometre | — |
| 1962 | 168,195 current LCU per square kilometre | +8.7% |
| 1963 | 200,931 current LCU per square kilometre | +19.5% |
| 1964 | 228,367 current LCU per square kilometre | +13.7% |
| 1965 | 258,023 current LCU per square kilometre | +13.0% |
| 1966 | 287,393 current LCU per square kilometre | +11.4% |
| 1967 | 297,923 current LCU per square kilometre | +3.7% |
| 1968 | 316,189 current LCU per square kilometre | +6.1% |
| 1969 | 336,032 current LCU per square kilometre | +6.3% |
| 1970 | 408,739 current LCU per square kilometre | +21.6% |
| 1971 | 471,848 current LCU per square kilometre | +15.4% |
| 1972 | 534,026 current LCU per square kilometre | +13.2% |
| 1973 | 624,785 current LCU per square kilometre | +17.0% |
| 1974 | 779,799 current LCU per square kilometre | +24.8% |
| 1975 | 853,295 current LCU per square kilometre | +9.4% |
| 1976 | 1.05 million current LCU per square kilometre | +22.9% |
| 1977 | 1.34 million current LCU per square kilometre | +27.3% |
| 1978 | 1.40 million current LCU per square kilometre | +4.7% |
| 1979 | 1.49 million current LCU per square kilometre | +6.7% |
| 1980 | 1.77 million current LCU per square kilometre | +18.8% |
| 1981 | 2.03 million current LCU per square kilometre | +14.3% |
| 1982 | 2.36 million current LCU per square kilometre | +16.6% |
| 1983 | 2.85 million current LCU per square kilometre | +20.9% |
| 1984 | 3.06 million current LCU per square kilometre | +7.1% |
| 1985 | 3.34 million current LCU per square kilometre | +9.4% |
| 1986 | 3.73 million current LCU per square kilometre | +11.7% |
| 1987 | 4.03 million current LCU per square kilometre | +7.9% |
| 1998 | 5.47 million current LCU per square kilometre | +35.7% |
| 1999 | 5.85 million current LCU per square kilometre | +7.0% |
| 2000 | 6.42 million current LCU per square kilometre | +9.7% |
| 2001 | 7.10 million current LCU per square kilometre | +10.7% |
| 2002 | 7.44 million current LCU per square kilometre | +4.8% |
| 2003 | 7.35 million current LCU per square kilometre | -1.2% |
| 2004 | 7.68 million current LCU per square kilometre | +4.6% |
| 2005 | 7.82 million current LCU per square kilometre | +1.8% |
| 2006 | 8.88 million current LCU per square kilometre | +13.6% |
| 2007 | 9.39 million current LCU per square kilometre | +5.7% |
| 2008 | 9.15 million current LCU per square kilometre | -2.6% |
| 2009 | 8.62 million current LCU per square kilometre | -5.8% |
| 2010 | 9.52 million current LCU per square kilometre | +10.4% |
| 2011 | 10.16 million current LCU per square kilometre | +6.7% |
| 2012 | 10.60 million current LCU per square kilometre | +4.3% |
| 2013 | 11.41 million current LCU per square kilometre | +7.7% |
| 2014 | 12.14 million current LCU per square kilometre | +6.3% |
| 2015 | 12.74 million current LCU per square kilometre | +5.0% |
| 2016 | 14.06 million current LCU per square kilometre | +10.4% |
| 2017 | 14.57 million current LCU per square kilometre | +3.6% |
| 2018 | 14.83 million current LCU per square kilometre | +1.8% |
| 2019 | 16.05 million current LCU per square kilometre | +8.2% |
| 2020 | 16.05 million current LCU per square kilometre | -0.0% |
| 2021 | 17.56 million current LCU per square kilometre | +9.4% |
| 2022 | 19.13 million current LCU per square kilometre | +9.0% |
| 2023 | 19.97 million current LCU per square kilometre | +4.4% |
Faroe Islands compared with similar countries
- Faroe Islands's 19.97 million current LCU per square kilometre is above the median for high income countries, which is 12.27 million current LCU per square kilometre, 1.6× the median. (78 countries reporting)
- Faroe Islands's 19.97 million current LCU per square kilometre is above the median for Europe & Central Asia, which is 8.54 million current LCU per square kilometre, 2.3× the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 249,761 current LCU per square kilometre | 154,799 current LCU per square kilometre | 336,032 current LCU per square kilometre | 9 |
| 1970s | 894,756 current LCU per square kilometre | 408,739 current LCU per square kilometre | 1.49 million current LCU per square kilometre | 10 |
| 1980s | 2.90 million current LCU per square kilometre | 1.77 million current LCU per square kilometre | 4.03 million current LCU per square kilometre | 8 |
| 1990s | 5.66 million current LCU per square kilometre | 5.47 million current LCU per square kilometre | 5.85 million current LCU per square kilometre | 2 |
| 2000s | 7.98 million current LCU per square kilometre | 6.42 million current LCU per square kilometre | 9.39 million current LCU per square kilometre | 10 |
| 2010s | 12.61 million current LCU per square kilometre | 9.52 million current LCU per square kilometre | 16.05 million current LCU per square kilometre | 10 |
| 2020s | 18.18 million current LCU per square kilometre | 16.05 million current LCU per square kilometre | 19.97 million current LCU per square kilometre | 4 |
Countries ranked near Faroe Islands
- 86 Bahrain 20.48 million current LCU per square kilometre compare
- 87 Switzerland 20.22 million current LCU per square kilometre compare
- 88 Belgium 20.11 million current LCU per square kilometre compare
- 90 Nauru 19.20 million current LCU per square kilometre compare
- 91 Cayman Islands 19.03 million current LCU per square kilometre compare
- 92 Sao Tome and Principe 17.94 million current LCU per square kilometre compare
More economy & growth data for Faroe Islands
- Exports of goods and services (current US$), annual growth rate -1.96 % change on previous year (2024)
- Exports of goods and services (current LCU), per capita 279,001 current LCU per person (2024)
- Exports of goods and services (current LCU), per unit of GDP 3.76 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), annual growth rate -1.89 % change on previous year (2024)
- Exports of goods and services (current US$), per capita 40,467 current US$ per person (2024)
- Exports of goods and services (current US$), per unit of GDP 0.5456 current US$ per US$ of GDP (2024)
- Gross national expenditure (current LCU), per unit of GDP 6.66 current LCU per US$ of GDP (2024)
- Gross national expenditure (current LCU), annual growth rate 0.4583 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 451,018 current LCU per person (2024)
- Gross capital formation (current US$), annual growth rate -7.73 % change on previous year (2024)
Frequently asked questions
- What is gni (current lcu), per square kilometre in Faroe Islands?
- Gni (current lcu), per square kilometre in Faroe Islands was 19.97 million current LCU per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gni (current lcu), per square kilometre recorded in Faroe Islands?
- The highest recorded value was 19.97 million current LCU per square kilometre in 2023.
- What is the lowest gni (current lcu), per square kilometre recorded in Faroe Islands?
- The lowest recorded value was 154,799 current LCU per square kilometre in 1961.
- How does Faroe Islands rank for gni (current lcu), per square kilometre?
- Faroe Islands ranks 89th out of 206 countries with data for 2023.
- Is gni (current lcu), per square kilometre rising or falling in Faroe Islands?
- Over the last ten years it is up 75.0%. 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 GNI (current LCU), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
GNI (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.
GNI (current LCU) ÷ Land area (sq. km)
Computed from
- GNI 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 (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.