GNI: linked series (current LCU), per square kilometre in Faroe Islands
Faroe Islands: GNI: linked series (current LCU), per square kilometre was 19.97 million current LCU per square kilometre in 2023. ▲ Rising
GNI: linked series (current LCU), per square kilometre in Faroe Islands, 2008–2023
Source: Statizoid (derived). Measured in current LCU per square kilometre.
Analysis
Faroe Islands recorded 19.97 million current LCU per square kilometre for gni: linked series (current lcu), per square kilometre in 2023. That is the highest value across all 16 years on record.
The figure is up 4.4% on the previous year and up 75.0% over ten years.
Over the whole period, gni: linked series (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, 8.62 million current LCU per square kilometre, in 2009.
Faroe Islands ranks 88th of 204 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
GNI: linked series (current LCU), per square kilometre in Faroe Islands, year by year
| Year | current LCU per square kilometre | Change |
|---|---|---|
| 2008 | 9.15 million current LCU per square kilometre | — |
| 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. (76 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 |
|---|---|---|---|---|
| 2000s | 8.88 million current LCU per square kilometre | 8.62 million current LCU per square kilometre | 9.15 million current LCU per square kilometre | 2 |
| 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
- 85 Bahrain 20.48 million current LCU per square kilometre compare
- 86 Switzerland 20.22 million current LCU per square kilometre compare
- 87 Belgium 20.11 million current LCU per square kilometre compare
- 89 Nauru 19.20 million current LCU per square kilometre compare
- 90 Cayman Islands 19.03 million current LCU per square kilometre compare
- 91 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$), per unit of GDP 0.5456 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), annual growth rate -7.73 % change on previous year (2024)
- Exports of goods and services (current LCU), per capita 279,001 current LCU per person (2024)
- Exports of goods and services (current LCU), per unit of GDP 3.76 current LCU per US$ 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)
- Gross national expenditure (current LCU), per capita 494,217 current LCU per person (2024)
- Gross national expenditure (current LCU), annual growth rate 0.4583 % change on previous year (2024)
- Gross national expenditure (current LCU), per unit of GDP 6.66 current LCU per US$ of GDP (2024)
- Gross capital formation (current US$), per unit of GDP 0.2817 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gni: linked series (current lcu), per square kilometre in Faroe Islands?
- Gni: linked series (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: linked series (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: linked series (current lcu), per square kilometre recorded in Faroe Islands?
- The lowest recorded value was 8.62 million current LCU per square kilometre in 2009.
- How does Faroe Islands rank for gni: linked series (current lcu), per square kilometre?
- Faroe Islands ranks 88th out of 204 countries with data for 2023.
- Is gni: linked series (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 rising.
- Where does this Faroe Islands data come from?
- The figures come from Statizoid (derived), published as part of GNI: linked series (current LCU), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
GNI: linked series (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: linked series (current LCU) ÷ Land area (sq. km)
Computed from
- GNI: linked series Staff estimates, World Bank (WB)
- 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: linked series (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.