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Flag of Faroe Islands

Faroe Islands

Europe & Central Asia·High income

Population
54.4K
202nd of 217
GDP
$3.91B
176th of 214 · 2023
GDP per capita
$71,774
17th of 214 · 2023
Life expectancy
83.1
19th of 217
Benchmarked againstFaroe IslandsDenmarkChannel IslandsNetherlandsIceland

Default peers are drawn from region, income, and bloc membership — swap in any country you like. The gray tick on each strip is the world median.

high-income Danish territorial economy; party neither to the EU nor the Schengen Area; associate Nordic Council member; very low unemployment; unique foreign ownership allowance in fishing industry; known salmon exporter; growing IT industries

Area
1,393 km²
Languages
Faroese 93.8% (derived from Old Norse), Danish 3.2%, other 3% (2011 est.)
Resources
fish, whales, hydropower, possible oil and gas

Score card

A · Top quartileB · Above medianC · Below medianD · Bottom quartile
Topic
FRO
DNK
CHI
NLD

GDP

current US$

$3.91B–––

GDP per capita

current US$

A
–––

GDP per capita, PPP

international $

A
–––

GDP growth

annual %

C
–––

GNI per capita

Atlas method, US$

A
–––

Inflation

GDP deflator, annual %

C
–––

Merchandise trade

% of GDP

80.6%–––

Agriculture value added

% of GDP

18.2%–––

Industry value added

% of GDP

19.7%–––

Population

people

54.4K–––

Population density

people per km²

39.4–––

Urban population

% of total

43%–––

Life expectancy

years at birth

A
–––

Fertility rate

births per woman

1.9–––

Net migration

people

488–––

Population under 15

% of total

20%–––

Population 65+

% of total

17.7%–––

Internet users

% of population

A
–––

Mobile subscriptions

per 100 people

C
–––

Fixed broadband

per 100 people

A
–––

Secure internet servers

per 1M people

B
–––

Access to electricity

% of population

A
–––

Energy use per capita

kWh

58.5K–––

Electricity per capita

kWh

8,882.5–––

Electricity generation

TWh

0.5–––

Renewable electricity

% of generation

B
–––

Fossil electricity

% of generation

B
–––

CO₂ emissions

Mt per year

A
–––

CO₂ per capita

t per person

D
–––

Share of global CO₂

%

0%–––

Economy & Trade

theme overview →

People & Society

theme overview →

Connectivity

theme overview →

Energy & Climate

theme overview →

Explore any measure in depth on its own page — try GDP per capita or electoral democracy.