What is gni (current us$), per unit of gdp in Faroe Islands?

Gni (current us$), per unit of gdp in Faroe Islands was 1.02 current US$ per US$ of GDP in 2024, according to Statizoid (derived).

What is the highest gni (current us$), per unit of gdp recorded in Faroe Islands?

The highest recorded value was 1.05 current US$ per US$ of GDP in 2013.

What is the lowest gni (current us$), per unit of gdp recorded in Faroe Islands?

The lowest recorded value was 0.8698 current US$ per US$ of GDP in 1981.

How does Faroe Islands rank for gni (current us$), per unit of gdp?

Faroe Islands ranks 37th out of 207 countries with data for 2024.

Is gni (current us$), per unit of gdp rising or falling in Faroe Islands?

Over the last ten years it is down 1.8%. 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 (current US$), per unit of GDP. Statizoid updates them automatically from the source API.

GNI (current US$), per unit of GDP in Faroe Islands

Name: GNI (current US$), per unit of GDP in Faroe Islands
Creator: Statizoid (derived)
License: Derived by Statizoid from the sources named on the page

Faroe Islands: GNI (current US$), per unit of GDP was 1.02 current US$ per US$ of GDP in 2024. ▲ Rising

Latest (2024)

1.02 current US$ per US$ of GDP

Change on year

up 1.0%

World rank

37th

of 207 countries

All-time high

1.05 current US$ per US$ of GDP

in 2013

All-time low

0.8698 current US$ per US$ of GDP

in 1981

Years of data

1965–2024

GNI (current US$), per unit of GDP in Faroe Islands, 1965–2024

Source: Statizoid (derived). Measured in current US$ per US$ of GDP.

Analysis

The most recent figure for gni (current us$), per unit of gdp in Faroe Islands is 1.02 current US$ per US$ of GDP, measured in 2024.

That represents a change of up 1.0% on the previous year and down 1.8% over ten years.

Over the whole period, gni (current us$), per unit of gdp in Faroe Islands peaked at 1.05 current US$ per US$ of GDP in 2013 and was at its lowest, 0.8698 current US$ per US$ of GDP, in 1981.

Faroe Islands ranks 37th of 207 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 50 years of available data.

GNI (current US$), per unit of GDP in Faroe Islands, year by year

Annual values for GNI (current US$), per unit of GDP in Faroe Islands, 1965 to 2024.
Year	current US$ per US$ of GDP	Change
1965	0.8998 current US$ per US$ of GDP	—
1966	0.902 current US$ per US$ of GDP	+0.2%
1967	0.9028 current US$ per US$ of GDP	+0.1%
1968	0.9028 current US$ per US$ of GDP	+0.0%
1969	0.8922 current US$ per US$ of GDP	-1.2%
1970	0.8958 current US$ per US$ of GDP	+0.4%
1971	0.8951 current US$ per US$ of GDP	-0.1%
1972	0.8989 current US$ per US$ of GDP	+0.4%
1973	0.8942 current US$ per US$ of GDP	-0.5%
1974	0.9077 current US$ per US$ of GDP	+1.5%
1975	0.9116 current US$ per US$ of GDP	+0.4%
1976	0.8955 current US$ per US$ of GDP	-1.8%
1977	0.8929 current US$ per US$ of GDP	-0.3%
1978	0.8901 current US$ per US$ of GDP	-0.3%
1979	0.8826 current US$ per US$ of GDP	-0.8%
1980	0.8904 current US$ per US$ of GDP	+0.9%
1981	0.8698 current US$ per US$ of GDP	-2.3%
1982	0.8905 current US$ per US$ of GDP	+2.4%
1983	0.8955 current US$ per US$ of GDP	+0.6%
1984	0.9671 current US$ per US$ of GDP	+8.0%
1985	0.9589 current US$ per US$ of GDP	-0.9%
1986	0.9349 current US$ per US$ of GDP	-2.5%
1987	0.9276 current US$ per US$ of GDP	-0.8%
1998	1.03 current US$ per US$ of GDP	+11.1%
1999	1.04 current US$ per US$ of GDP	+0.7%
2000	1.04 current US$ per US$ of GDP	+0.0%
2001	1.03 current US$ per US$ of GDP	-1.2%
2002	1.03 current US$ per US$ of GDP	+0.5%
2003	1.04 current US$ per US$ of GDP	+0.5%
2004	1.04 current US$ per US$ of GDP	+0.2%
2005	1.03 current US$ per US$ of GDP	-0.3%
2006	1.03 current US$ per US$ of GDP	-0.1%
2007	1.03 current US$ per US$ of GDP	-0.4%
2008	1.01 current US$ per US$ of GDP	-2.3%
2009	0.9774 current US$ per US$ of GDP	-2.9%
2010	1.01 current US$ per US$ of GDP	+3.6%
2011	1.05 current US$ per US$ of GDP	+4.0%
2012	1.05 current US$ per US$ of GDP	-0.2%
2013	1.05 current US$ per US$ of GDP	+0.2%
2014	1.04 current US$ per US$ of GDP	-1.8%
2015	1.03 current US$ per US$ of GDP	-0.9%
2016	1.04 current US$ per US$ of GDP	+0.9%
2017	1.03 current US$ per US$ of GDP	-0.3%
2018	1.03 current US$ per US$ of GDP	-0.5%
2019	1.03 current US$ per US$ of GDP	+0.0%
2020	1.02 current US$ per US$ of GDP	-0.4%
2021	1.03 current US$ per US$ of GDP	+1.0%
2022	1.02 current US$ per US$ of GDP	-0.9%
2023	1.01 current US$ per US$ of GDP	-1.7%
2024	1.02 current US$ per US$ of GDP	+1.0%

Faroe Islands compared with similar countries

Faroe Islands's 1.02 current US$ per US$ of GDP is above the median for high income countries, which is 0.9859 current US$ per US$ of GDP, 1.0× the median. (77 countries reporting)
Faroe Islands's 1.02 current US$ per US$ of GDP is above the median for Europe & Central Asia, which is 0.9895 current US$ per US$ of GDP, 1.0× the median. (55 countries reporting)

Averages by decade

Decade	Average	Lowest	Highest	Years
1960s	0.8999 current US$ per US$ of GDP	0.8922 current US$ per US$ of GDP	0.9028 current US$ per US$ of GDP	5
1970s	0.8964 current US$ per US$ of GDP	0.8826 current US$ per US$ of GDP	0.9116 current US$ per US$ of GDP	10
1980s	0.9168 current US$ per US$ of GDP	0.8698 current US$ per US$ of GDP	0.9671 current US$ per US$ of GDP	8
1990s	1.03 current US$ per US$ of GDP	1.03 current US$ per US$ of GDP	1.04 current US$ per US$ of GDP	2
2000s	1.03 current US$ per US$ of GDP	0.9774 current US$ per US$ of GDP	1.04 current US$ per US$ of GDP	10
2010s	1.04 current US$ per US$ of GDP	1.01 current US$ per US$ of GDP	1.05 current US$ per US$ of GDP	10
2020s	1.02 current US$ per US$ of GDP	1.01 current US$ per US$ of GDP	1.03 current US$ per US$ of GDP	5

Countries ranked near Faroe Islands

34 France 1.02 current US$ per US$ of GDP compare
35 Andorra 1.02 current US$ per US$ of GDP compare
36 South Korea 1.02 current US$ per US$ of GDP compare
38 Nepal 1.01 current US$ per US$ of GDP compare
39 Belgium 1.01 current US$ per US$ of GDP compare
40 Turkmenistan 1.01 current US$ per US$ of GDP compare

See the full ranking of 255 places →

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)

All data for Faroe Islands →

Frequently asked questions

What is gni (current us$), per unit of gdp in Faroe Islands?: Gni (current us$), per unit of gdp in Faroe Islands was 1.02 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest gni (current us$), per unit of gdp recorded in Faroe Islands?: The highest recorded value was 1.05 current US$ per US$ of GDP in 2013.
What is the lowest gni (current us$), per unit of gdp recorded in Faroe Islands?: The lowest recorded value was 0.8698 current US$ per US$ of GDP in 1981.
How does Faroe Islands rank for gni (current us$), per unit of gdp?: Faroe Islands ranks 37th out of 207 countries with data for 2024.
Is gni (current us$), per unit of gdp rising or falling in Faroe Islands?: Over the last ten years it is down 1.8%. 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 (current US$), per unit of GDP. Statizoid updates them automatically from the source API.

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GNI (current US$), per unit of GDP in Faroe Islands. Statizoid, drawing on Statizoid (derived). Retrieved 11 October 2026, from https://economy.statizoid.com/stat/gni-current-us-per-unit-of-gdp/faroe-islands/

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How this figure is calculated

GNI (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

GNI (current US$) ÷ GDP (current US$)

Computed from

GNI Country official statistics, National Statistical Organizations and/or Central Banks
GDP Country official statistics, National Statistical Organizations and/or Central Banks

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: GNI (current US$), per unit of GDP
Unit: current US$ per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 255 places, 13,841 data points, 1960–2025
Last refreshed: 24 August 2026

GNI (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.