GNI (current US$), per square kilometre in Faroe Islands
Faroe Islands: GNI (current US$), per square kilometre was 2.90 million current US$ per square kilometre in 2023. ◆ Volatile
GNI (current US$), per square kilometre in Faroe Islands, 1965–2023
Source: Statizoid (derived). Measured in current US$ per square kilometre.
Analysis
In 2023, gni (current us$), per square kilometre in Faroe Islands stood at 2.90 million current US$ per square kilometre. That is the highest value across all 49 years on record.
The figure is up 7.2% on the previous year and up 42.6% over ten years.
Over the whole period, gni (current us$), per square kilometre in Faroe Islands peaked at 2.90 million current US$ per square kilometre in 2023 and was at its lowest, 37,356 current US$ per square kilometre, in 1965.
Faroe Islands ranks 52nd of 206 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GNI (current US$), per square kilometre in Faroe Islands, year by year
| Year | current US$ per square kilometre | Change |
|---|---|---|
| 1965 | 37,356 current US$ per square kilometre | — |
| 1966 | 41,608 current US$ per square kilometre | +11.4% |
| 1967 | 42,826 current US$ per square kilometre | +2.9% |
| 1968 | 42,158 current US$ per square kilometre | -1.6% |
| 1969 | 44,804 current US$ per square kilometre | +6.3% |
| 1970 | 54,499 current US$ per square kilometre | +21.6% |
| 1971 | 63,618 current US$ per square kilometre | +16.7% |
| 1972 | 76,846 current US$ per square kilometre | +20.8% |
| 1973 | 103,279 current US$ per square kilometre | +34.4% |
| 1974 | 127,943 current US$ per square kilometre | +23.9% |
| 1975 | 148,499 current US$ per square kilometre | +16.1% |
| 1976 | 173,507 current US$ per square kilometre | +16.8% |
| 1977 | 222,446 current US$ per square kilometre | +28.2% |
| 1978 | 253,650 current US$ per square kilometre | +14.0% |
| 1979 | 283,607 current US$ per square kilometre | +11.8% |
| 1980 | 314,447 current US$ per square kilometre | +10.9% |
| 1981 | 284,286 current US$ per square kilometre | -9.6% |
| 1982 | 283,268 current US$ per square kilometre | -0.4% |
| 1983 | 312,148 current US$ per square kilometre | +10.2% |
| 1984 | 295,135 current US$ per square kilometre | -5.5% |
| 1985 | 315,496 current US$ per square kilometre | +6.9% |
| 1986 | 461,354 current US$ per square kilometre | +46.2% |
| 1987 | 589,062 current US$ per square kilometre | +27.7% |
| 1998 | 815,895 current US$ per square kilometre | +38.5% |
| 1999 | 838,460 current US$ per square kilometre | +2.8% |
| 2000 | 793,746 current US$ per square kilometre | -5.3% |
| 2001 | 853,073 current US$ per square kilometre | +7.5% |
| 2002 | 942,063 current US$ per square kilometre | +10.4% |
| 2003 | 1.12 million current US$ per square kilometre | +18.4% |
| 2004 | 1.28 million current US$ per square kilometre | +15.0% |
| 2005 | 1.30 million current US$ per square kilometre | +1.7% |
| 2006 | 1.49 million current US$ per square kilometre | +14.5% |
| 2007 | 1.72 million current US$ per square kilometre | +15.5% |
| 2008 | 1.79 million current US$ per square kilometre | +4.0% |
| 2009 | 1.61 million current US$ per square kilometre | -10.4% |
| 2010 | 1.69 million current US$ per square kilometre | +5.3% |
| 2011 | 1.89 million current US$ per square kilometre | +11.8% |
| 2012 | 1.83 million current US$ per square kilometre | -3.3% |
| 2013 | 2.03 million current US$ per square kilometre | +11.1% |
| 2014 | 2.16 million current US$ per square kilometre | +6.4% |
| 2015 | 1.89 million current US$ per square kilometre | -12.4% |
| 2016 | 2.09 million current US$ per square kilometre | +10.3% |
| 2017 | 2.21 million current US$ per square kilometre | +5.6% |
| 2018 | 2.35 million current US$ per square kilometre | +6.5% |
| 2019 | 2.41 million current US$ per square kilometre | +2.5% |
| 2020 | 2.45 million current US$ per square kilometre | +1.9% |
| 2021 | 2.79 million current US$ per square kilometre | +13.9% |
| 2022 | 2.70 million current US$ per square kilometre | -3.2% |
| 2023 | 2.90 million current US$ per square kilometre | +7.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 41,751 current US$ per square kilometre | 37,356 current US$ per square kilometre | 44,804 current US$ per square kilometre | 5 |
| 1970s | 150,789 current US$ per square kilometre | 54,499 current US$ per square kilometre | 283,607 current US$ per square kilometre | 10 |
| 1980s | 356,900 current US$ per square kilometre | 283,268 current US$ per square kilometre | 589,062 current US$ per square kilometre | 8 |
| 1990s | 827,178 current US$ per square kilometre | 815,895 current US$ per square kilometre | 838,460 current US$ per square kilometre | 2 |
| 2000s | 1.29 million current US$ per square kilometre | 793,746 current US$ per square kilometre | 1.79 million current US$ per square kilometre | 10 |
| 2010s | 2.06 million current US$ per square kilometre | 1.69 million current US$ per square kilometre | 2.41 million current US$ per square kilometre | 10 |
| 2020s | 2.71 million current US$ per square kilometre | 2.45 million current US$ per square kilometre | 2.90 million current US$ per square kilometre | 4 |
Countries ranked near Faroe Islands
- 49 Portugal 3.11 million current US$ per square kilometre compare
- 50 United States of America 3.01 million current US$ per square kilometre compare
- 51 Brunei Darussalam 2.90 million current US$ per square kilometre compare
- 53 Saint Vincent and the Grenadines 2.71 million current US$ per square kilometre compare
- 54 Slovakia 2.68 million current US$ per square kilometre compare
- 55 Poland 2.54 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 (current us$), per square kilometre in Faroe Islands?
- Gni (current us$), per square kilometre in Faroe Islands was 2.90 million current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gni (current us$), per square kilometre recorded in Faroe Islands?
- The highest recorded value was 2.90 million current US$ per square kilometre in 2023.
- What is the lowest gni (current us$), per square kilometre recorded in Faroe Islands?
- The lowest recorded value was 37,356 current US$ per square kilometre in 1965.
- How does Faroe Islands rank for gni (current us$), per square kilometre?
- Faroe Islands ranks 52nd out of 206 countries with data for 2023.
- Is gni (current us$), per square kilometre rising or falling in Faroe Islands?
- Over the last ten years it is up 42.6%. 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 US$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
GNI (current US$) 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 (current US$) ÷ Land area (sq. km)
Computed from
- GNI Country official statistics, National Statistical Organizations and/or Central Banks
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
GNI (current US$) 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.