Nominal GDP per capita in USD
Year -
$74,119.66(2.28%)
Faroe Islands's GDP(Nominal) per Capita in 2024 was 74,119.66 dollars, and its GDP(PPP) per Capita was 81,908.78 international dollars. In the previous year, 2023 GDP(Nominal) per Capita was 72,465.38 dollars, and GDP(PPP) per Capita was 79,694.93 Int dollars.
The net change in Faroe Islands's GDP(Nominal) per Capita in 2024 was 1,654.28 dollars which is 2.28%; Faroe Islands's GDP(PPP) per Capita in 2024 was 2,213.85 international dollars which is 2.78% increased.
| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Dollar $ | Net Chg $ | % Chg | Int $ | Net Chg $ | % Chg |
| 1960 | - | - | - | - | - | - |
| 1961 | - | - | - | - | - | - |
| 1962 | - | - | - | - | - | - |
| 1963 | - | - | - | - | - | - |
| 1964 | - | - | - | - | - | - |
| 1965 | 1594.48 | - | - | - | - | - |
| 1966 | 1749.16 | 154.68 | 9.7 % | - | - | - |
| 1967 | 1780.16 | 31 | 1.77 % | - | - | - |
| 1968 | 1735.53 | -44.63 | -2.51 % | - | - | - |
| 1969 | 1849.44 | 113.91 | 6.56 % | - | - | - |
| 1970 | 2219.38 | 369.94 | 20 % | - | - | - |
| 1971 | 2563.60 | 344.22 | 15.51 % | - | - | - |
| 1972 | 3046.46 | 482.86 | 18.84 % | - | - | - |
| 1973 | 4067.93 | 1021.47 | 33.53 % | - | - | - |
| 1974 | 4906.28 | 838.35 | 20.61 % | - | - | - |
| 1975 | 5605.51 | 699.23 | 14.25 % | - | - | - |
| 1976 | 6593.62 | 988.11 | 17.63 % | - | - | - |
| 1977 | 8387.15 | 1793.53 | 27.2 % | - | - | - |
| 1978 | 9479.44 | 1092.29 | 13.02 % | - | - | - |
| 1979 | 10549.34 | 1069.9 | 11.29 % | - | - | - |
| 1980 | 11446.28 | 896.94 | 8.5 % | - | - | - |
| 1981 | 10458.10 | -988.18 | -8.63 % | - | - | - |
| 1982 | 10052.92 | -405.18 | -3.87 % | - | - | - |
| 1983 | 10893.33 | 840.41 | 8.36 % | - | - | - |
| 1984 | 9437.29 | -1456.04 | -13.37 % | - | - | - |
| 1985 | 10048.95 | 611.66 | 6.48 % | - | - | - |
| 1986 | 14933.87 | 4884.92 | 48.61 % | - | - | - |
| 1987 | 18982.65 | 4048.78 | 27.11 % | - | - | - |
| 1988 | 20453.53 | 1470.88 | 7.75 % | - | - | - |
| 1989 | 18181.23 | -2272.3 | -11.11 % | - | - | - |
| 1990 | 20125.79 | 1944.56 | 10.7 % | - | - | - |
| 1991 | 19163.56 | -962.23 | -4.78 % | - | - | - |
| 1992 | 19300.66 | 137.1 | 0.72 % | - | - | - |
| 1993 | 16373.83 | -2926.83 | -15.16 % | - | - | - |
| 1994 | 16975.93 | 602.1 | 3.68 % | - | - | - |
| 1995 | 20669.21 | 3693.28 | 21.76 % | - | - | - |
| 1996 | 22705.70 | 2036.49 | 9.85 % | - | - | - |
| 1997 | 21158.41 | -1547.29 | -6.81 % | - | - | - |
| 1998 | 24729.02 | 3570.61 | 16.88 % | - | - | - |
| 1999 | 24978.62 | 249.6 | 1.01 % | - | - | - |
| 2000 | 23322.76 | -1655.86 | -6.63 % | - | - | - |
| 2001 | 24879.77 | 1557.01 | 6.68 % | - | - | - |
| 2002 | 26937.65 | 2057.88 | 8.27 % | - | - | - |
| 2003 | 31269.60 | 4331.95 | 16.08 % | - | - | - |
| 2004 | 35647.54 | 4377.94 | 14 % | - | - | - |
| 2005 | 36389.08 | 741.54 | 2.08 % | - | - | - |
| 2006 | 41743.68 | 5354.6 | 14.71 % | - | - | - |
| 2007 | 48348.74 | 6605.06 | 15.82 % | - | - | - |
| 2008 | 51287.89 | 2939.15 | 6.08 % | 41160.11 | - | - |
| 2009 | 47059.19 | -4228.7 | -8.25 % | 39330.60 | -1829.51 | -4.44 % |
| 2010 | 47923.15 | 863.96 | 1.84 % | 39766.59 | 435.99 | 1.11 % |
| 2011 | 51618.99 | 3695.84 | 7.71 % | 42133.22 | 2366.63 | 5.95 % |
| 2012 | 50261.96 | -1357.03 | -2.63 % | 46196.84 | 4063.62 | 9.64 % |
| 2013 | 55758.21 | 5496.25 | 10.94 % | 49780.84 | 3584 | 7.76 % |
| 2014 | 60172.06 | 4413.85 | 7.92 % | 53198.41 | 3417.57 | 6.87 % |
| 2015 | 52637.19 | -7534.87 | -12.52 % | 53684.37 | 485.96 | 0.91 % |
| 2016 | 56875.28 | 4238.09 | 8.05 % | 54318.30 | 633.93 | 1.18 % |
| 2017 | 59387.35 | 2512.07 | 4.42 % | 56416.23 | 2097.93 | 3.86 % |
| 2018 | 62526.49 | 3139.14 | 5.29 % | 58933.13 | 2516.9 | 4.46 % |
| 2019 | 63068.29 | 541.8 | 0.87 % | 62223.44 | 3290.31 | 5.58 % |
| 2020 | 62243.19 | -825.1 | -1.31 % | 61650.85 | -572.59 | -0.92 % |
| 2021 | 69415.19 | 7172 | 11.52 % | 68426.79 | 6775.94 | 10.99 % |
| 2022 | 67058.20 | -2356.99 | -3.4 % | 75265.66 | 6838.87 | 9.99 % |
| 2023 | 72465.38 | 5407.18 | 8.06 % | 79694.93 | 4429.27 | 5.88 % |
| 2024 | 74119.66 | 1654.28 | 2.28 % | 81908.78 | 2213.85 | 2.78 % |