Faroe Islands: GDP per capita, current dollars

* indicates monthly or quarterly data series
 Faroe Islands

GDP per capita, current U.S. dollars

 Latest value 66,979.27
 Year 2022
 Measure U.S. dollars
 Data availability 1965 - 2022
 Average 26,484.78
 Min - Max 1,594.52 - 69,108.20
 Source The World Bank
For that indicator, we provide data for the Faroe Islands from 1965 to 2022. The average value for the Faroe Islands during that period was 26484.78 U.S. dollars with a minimum of 1594.52 U.S. dollars in 1965 and a maximum of 69108.2 U.S. dollars in 2021. The latest value from 2022 is 66979.27 U.S. dollars. For comparison, the world average in 2022 based on 184 countries is 19136.31 U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Faroe Islands - GDP per capita, current dollars - Recent values chart

Historical chart
Faroe Islands - GDP per capita, current dollars - historical chart - 1965-2022

Definition: GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars.

 Related indicators Latest value Reference Measure
 Economic growth 5.40 2022 percent
 GDP, constant dollars 3.2 2022 billion U.S. dollars
 GDP, current U.S. dollars 3.56 2022 billion U.S. dollars
 GDP per capita, current dollars 66,979.27 2022 U.S. dollars
 GDP per capita, constant dollars 59,699.20 2022 U.S. dollars
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