Faroe Islands Highest GDP per Capita Countries 2024: $72,114
Faroe Islands's highest gdp per capita countries in 2024 is $72,114, up 0.4% from 2023. It ranks #12 of 194 countries.
Highest GDP per Capita countries offer insights into economic prosperity and citizen wealth; compare top economies globally.
Source (2024): GDP per capita
Highest GDP per Capita Countries over time
| Year | Value | Change | % Change | Actions |
|---|---|---|---|---|
| 2024 | 72.11K USD | +285.21 USD | +0.40% | |
| 2023 | 71.83K USD | +1.56K USD | +2.22% | |
| 2022 | 70.27K USD | +1.84K USD | +2.68% | |
| 2021 | 68.43K USD | +2.40K USD | +3.63% | |
| 2020 | 66.04K USD | 2.10K USD | -3.08% | |
| 2019 | 68.14K USD | +1.94K USD | +2.94% | |
| 2018 | 66.19K USD | +730.14 USD | +1.12% | |
| 2017 | 65.46K USD | +1.31K USD | +2.04% | |
| 2016 | 64.16K USD | +146.16 USD | +0.23% | |
| 2015 | 64.01K USD | 9.25 USD | -0.01% | |
| 2014 | 64.02K USD | +3.07K USD | +5.04% | |
| 2013 | 60.95K USD | +3.43K USD | +5.95% | |
| 2012 | 57.52K USD | +4.08K USD | +7.64% | |
| 2011 | 53.44K USD | +1.96K USD | +3.81% | |
| 2010 | 51.48K USD | 54.35 USD | -0.11% | |
| 2009 | 51.53K USD | 2.73K USD | -5.03% | |
| 2008 | 54.26K USD | — | — |
Frequently Asked Questions About Faroe Islands Highest GDP per Capita Countries
What is Faroe Islands's highest gdp per capita countries in 2024?▾
Faroe Islands's highest gdp per capita countries is $72,114 in 2024, according to GDP per capita.
Is Faroe Islands's highest gdp per capita countries increasing or decreasing?▾
Faroe Islands's highest gdp per capita countries rose by 0.4% from 2023 ($71,828) to 2024 ($72,114). Over the past decade (2014–2024) it rose by 12.6%.
How does Faroe Islands rank for highest gdp per capita countries?▾
In 2024, Faroe Islands has the 12th highest highest gdp per capita countries out of 194 countries with data.
What was Faroe Islands's highest gdp per capita countries in 2008?▾
In 2008, Faroe Islands's highest gdp per capita countries was $54,263. By 2024 it rose by 32.9%.
Explore additional statistical insights
Currently married (Percent) in Faroe Islands
The percentage of currently married individuals by country highlights societal trends in family structure and relationships. Understanding these statistics can provide insights into cultural norms and demographic shifts, influencing policies and social programs.
Gross Domestic Product (GDP) by Country in Current US Dollars in Faroe Islands
Discover the Gross Domestic Product (GDP) by country in current US dollars, a key indicator of economic performance. This statistic reveals the financial health and growth potential of nations, making it essential for investors and policymakers.
Life expectancy at birth in Faroe Islands
Life expectancy at birth measures the average years a newborn is expected to live, reflecting a country's health standards and quality of life. This vital statistic highlights disparities in healthcare and living conditions across nations, making it essential for global health assessments.
Median age of population in Faroe Islands
The median age of a population is a key demographic indicator, reflecting the age distribution within a country. Understanding median age helps assess economic development, healthcare needs, and social dynamics. Countries with a higher median age may face challenges related to aging populations, while younger populations often indicate growth potential.
Percentage of land area by degree of urbanization in Faroe Islands
Explore the percentage of land area by degree of urbanization, highlighting how urban development shapes countries' landscapes and influences economic growth. Understanding this statistic reveals the balance between urban and rural spaces, essential for sustainable planning.
Population Change in Faroe Islands
This statistic measures population change across countries, highlighting shifts in demographics. Understanding these changes is crucial for planning resources, economic growth, and social services.