Faroe Islands: GDP per capita, current U.S. dollars
For that indicator, we provide data for the Faroe Islands from 1998 to 2016. The average value for the Faroe Islands during that period was 41339.64 U.S. dollars with a minimum of 22653.32 U.S. dollars in 2000 and a maximum of 59440.03 U.S. dollars in 2014.
The latest value from 2016 is 55822.91 U.S. dollars. For comparison, the world average in 2016 based on 191
countries is 15261.77 U.S. dollars.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
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.