External links. Dataset: Education Statistics Are you interested in testing our corporate solutions? Answer: The GDP per capita ppp of The Faroe Islands is $48,200. Economy. Strong points of Faroe Islands economy. Statista. Learn more about how Statista can support your business. km. Faroe Islands - GDP per capita (current US$) The latest value for GDP per capita (current US$) in Faroe Islands was $55,823 as of 2016. Also included are tax revenues, assets and liabilities. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). ", Hagstova Føroya, Gross domestic product (GDP) of the Faroe Islands from 2010 to 2020 (in million DKK) Statista, https://www.statista.com/statistics/806045/gdp-of-the-faroe-islands/ (last visited January 24, 2021), Gross domestic product (GDP) of the Faroe Islands from 2010 to 2020, Gross domestic product (GDP) of China 1985-2025, China's share of global gross domestic product (GDP) 2009-2025, Gross domestic product (GDP) growth rate in China 2011-2025, Quarterly gross domestic product (GDP) growth rate in China Q4 2018-Q4 2020, GDP distribution across economic sectors in China 2009-2019, Gross domestic product (GDP) of China 2019, by region, Chinese cities with the highest GDP in 2019, Gross domestic product (GDP) per capita in China 1985-2025, Monthly inflation rate in China December 2020, Consumer Price Index (CPI) in China by sector and area December 2020, Monthly Consumer Price Index (CPI) in China by region December 2020, Inequality of income distribution in China based on the Gini index 2004-2019, Number of employed people in China 2009-2019, Monthly surveyed urban unemployment rate in China December 2020, Annual change of industrial production in China 2009-2019, Manufacturing Purchasing Managers' Index (PMI) in China by month December 2020, Non-manufacturing Purchasing Managers' Index (PMI) in China December 2020, Ex factory producer prices for the industrial sector in China 2020, by product, Total investment as a share of GDP in China 1980-2025, Value of foreign direct investment inflows to China 2013-2019, Value of foreign direct investments in China by sector 2019, Countries with the highest capital stock of Chinese direct investments 2018, Chinese FDI in the European Union 2018, by sector, Chinese direct investments in the U.S. 2018, by sector, Merchandise trade balance of China 2009-2019, Trade balance of goods in China by month 2017-2020, Value of imports into China by month 2017-2020, Value of exports from China by month 2017-2020, Share of main export partners of China 2019, Perceptions on the future of the economy in the Philippines 2016, Perceptions on the future of the economy in Indonesia 2016, Perceptions on the future of the economy in Nepal 2016, Perceptions on the future of the economy in Vietnam 2016, Perceptions on the future of the economy in Singapore 2016, Perceptions on the future of the economy in Bangladesh 2016, Perceptions on the future of the economy in Myanmar 2016, Perceptions on the future of the economy in Cambodia 2016, Economic situation of families in Italy 2020, Gross domestic product (GDP) of the Caribbean Netherlands 2012-2017, Gross domestic product (GDP) growth rate Finland 2005-2019, Main business objectives for micro-business owners in the UK in 2018, Employers opinion on key obstacles to SMEs performance in the UK 2016-2018, Gross domestic product (GDP) of the Caribbean Netherlands 2017, by municipality, U.S. Curated by Knoema’s data analysts to deliver leading short-term and long-term indicators and forecasts from trusted sources for each of the covered industries. Current Faeroe Islands GDP Per Capita is 50,581.97 USD. The GDP per Capita, in Cayman Islands, when adjusted by Purchasing Power Parity is equivalent to 399 … Iceland has a GDP per capita of $52,200 as of 2017, while in Faroe Islands, the GDP per capita is $40,000 as of 2014. Les valeurs actuelles, des données historiques, des prévisions, des statistiques, des tableaux et le calendrier économique - Îles Caïmans - PIB par habitant. The contributors to the GDP by sector (2010 forecast) are: Fisheries – 52.5% The Faroe Islands are an island group consisting of 18 major islands (and a total of 779 islands, islets, and skerries) about 655 kilometres (407 mi) off the coast of Northern Europe, between the Norwegian Sea and the North Atlantic Ocean, about halfway between Iceland and Norway, the closest neighbours being the Northern Isles and the Outer Hebrides of Scotland. Crecimiento del PIB per cápita (% anual) - Faroe Islands from The World Bank: Data In Faroe Islands, there are 14.9 babies per 1,000 people as of 2020. be 2.4 times more likely to die during infancy. The average value for the Faroe Islands during that period was 48530.23 U.S. dollars with a minimum of 48530.23 U.S. dollars in 2010 and a maximum of 48530.23 U.S. dollars in 2010. Les valeurs actuelles, des données historiques, des prévisions, des statistiques, des tableaux et le calendrier économique - Islande - PIB par habitant. Quarterly unemployment rate in China Q3 2015-Q3 2020, Change in industrial production in China December 2020, China's invisible trade balance 2008-2018, Producer Price Index for the industrial sector in China December 2020. It's ranking among other countries is 10. As the graph below shows, over the past 15 years this indicator reached a maximum value of 44,333 in 2007 and a minimum value of 30,126 in 2002. facts. Nominal GDP, measured in current prices, grew 8.0% in 2015 and 7.8% in 2016. Life. Some values have been rounded to provide a better understanding of the statistic. "Gross Domestic Product (Gdp) of The Faroe Islands from 2010 to 2020 (in Million Dkk). (February 3, 2020). This site uses cookies to optimize functionality and give you the best possible experience. Fishing has been the main source of income for the Faroe Islands since the late 19th century, but dependence on fishing makes the economy vulnerable to price fluctuations. mi), and has no major lakes or rivers.There are 1,117 kilometres (694 mi) of coastline, and no land boundaries with any other country. The only island that does not have anybody living on it is Lítla Dímun. Register in seconds and access exclusive features. All suggestions for corrections of any errors about GDP - per capita (PPP) 2012 should be addressed to the CIA. February 3, 2020. The GDP per Capita in Marshall Islands is equivalent to 24 percent of the world's average. Annual growth in nominal GDP was 7.5 percent in 2014 and 5,6 percent 2015. Please contact us to get started with full access to dossiers, forecasts, studies and international data. have 12.0% more children. Chart. Hagstova.fo, 2008 figures; References. The Gross Domestic Product per capita in Marshall Islands was last recorded at 3067 US dollars in 2018. The Faroese economy is ranked amongst the highest in the world based on GDP per capita. Hagstova Føroya. The Faroese economy has performed comparatively well over the last years in a time dominated by the global financial crisis. GDP per capita (current US$) of Faroe Islands increased from 24,300.38 current US$ in 2001 to 50,581.97 current US$ in 2015 growing at an average annual rate of 5.72%. GDP - per capita (PPP): $40,000 (2014 est.) ... GDP Per Capita ($) : 40,000.00: GDP Growth Rate: 5.90%: Population Growth Rate: 0.55%: This page in other languages: Deutsch Immobilienpreise auf den Färöer-Inseln Português Preços de Imóveis nas ilhas Faroe New, Figures and insights about the advertising and media world, Industry Outlook Update, Insights into the world's most important technology markets, Advertising & Media Outlook Barbados is ranked as “high income,” meaning a GDP per capita of at least $12,616). US Virgin Islands GDP Per Capita chart, historic, and current data. Then you will be able to mark statistics as favourites and use personal statistics alerts. Faroe Islands has a GDP per capita of $40,000 as of 2014, while in Ireland, the GDP per capita is $73,200 as of 2017. be 18.0% less likely to be live below the poverty line. From 1998 to 2015 the Faroese GDP has more doubled from 7.4 billion DDK to 16.7 billion … Country.io © 2014, All rights reserved. Please do not hesitate to contact me. In 2019, 6.4 liters of pure alcohol was sold per person. Country.io © 2014, All rights reserved. License : CC BY-4.0 Home Countries Rankings Data Contact. Data Briefs. Characterization of the economics in terms of export and import figures. Choose country Aktuelle værdier, historiske data, prognoser, statistik, diagrammer og økonomisk kalender - Island - BNP per capita. See Also. Choose country Poverty headcount ratio at national poverty lines (% of population) Details. Then you can access your favorite statistics via the star in the header. "Gross domestic product (GDP) of the Faroe Islands from 2010 to 2020 (in million DKK)." $50,000. Details. The Gross Domestic Product per capita in Cayman Islands was last recorded at 70809.60 US dollars in 2018, when adjusted by purchasing power parity (PPP). Faroe Islands is ranked among the highest in the world based on GDP per capita. If you continue to navigate this website beyond this page, cookies will be placed on your browser. Copenhagen: Royal Danish Ministry of Foreign Affairs, 1959. Channel Islands gdp per capita for 2004 was $56,753, a 16.16% increase from 2003. Home Countries Rankings Data Contact. Channel Islands gdp per capita for 2005 was $58,197, a 2.54% increase from 2004. In Iceland, there are approximately 13.3 babies per 1,000 people as of 2020. This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year. and over 1 Mio. Over the past 18 years, the value for this indicator has fluctuated between $59,440 in 2014 and $22,653 in 2000. You only have access to basic statistics. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook Over the past 18 years, the value for this indicator has fluctuated between $59,440 in 2014 and $22,653 in 2000. The per capita sales volume of alcoholic beverages in the Faroe Islands fluctuated from 2009 to 2019. NOTE: The information regarding GDP - per capita (PPP) 2012 on this page is re-published from the CIA World Factbook 2012. GDP per Capita in the Commonwealth of the Northern Mariana Islands (with a population of 56,562 people in 2017) was $23,117, an increase of $4,521 from $18,596 in 2016; this represents a change of 24.3% in GDP per capita. New, Everything you need to know about the industry development, Find studies from all around the internet. GDP Growth Rate in 2017 was 25.14%, representing a change of 262,698,511 US$ over 2016, when Real GDP was $1,044,846,154. Life expectancy at birth, total (years) Details . In, Hagstova Føroya. Data Briefs. The Covid-19 pandemic is having a profound impact on socio-economic conditions, accentuating the already complex scenario faced by a region with significant structural weaknesses. Les valeurs actuelles, des données historiques, des prévisions, des statistiques, des tableaux et le calendrier économique - Islande - PIB par habitant. Graph and download economic data for Constant GDP per capita for the Faroe Islands (NYGDPPCAPKDFRO) from 2010 to 2010 about Faroe Islands, per capita, real, and GDP. The currency of the Faroe Islands is the Faroese króna, issued by the Danish National Bank, and with the same value as the Danish Krone. Les valeurs actuelles, des données historiques, des prévisions, des statistiques, des tableaux et le calendrier économique - Îles Marshall - PIB par habitant. There would be 21 economies that have per capita gdp (ppp) above Int. GDP per capita (current US$) - Faroe Islands, Greenland, France, Denmark World Bank national accounts data, and OECD National Accounts data files. Bahrain, Canada, and Finland are expected to … IT industry expectations of product performance 2016, National policy rate in Iceland 2010-2021, U.S., UK, and Canadian IT industry expectations of product over performance 2016, Gross national saving in Singapore 2010-2019, Respondents who believe that economy suffers in democracy MENA 2017-2018, Gross domestic product (GDP) of the Faroe Islands from 2010 to 2020 (in million DKK), Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. Definition: GDP per capita is gross domestic product divided by midyear population. The per capita figures make it possible to make direct comparisons between municipalities. For comparison, the country with the largest GDP per capita is Luxembourg with approximately 96 … The GDP per Capita in Marshall Islands is equivalent to … The Faroe Islands: GDP per capita, constant 2010 dollars: For that indicator, we provide data for the Faroe Islands from 2010 to 2010. GDP per capita (current LCU) The value for GDP per capita (current LCU) in Virgin Islands was 35,938 as of 2017. GDP per capita Euros Real GDP growth % Inflation rate % Current account balance % of GDP Trade in goods Faroe Islands with World Source IMF EU27 with Faroe Islands Source Eurostat EU27 Merchandise trade with Faroe Islands by product (2019) - SITC (UN) & … This feature is limited to our corporate solutions. Faeroe Islands GDP Per Capita table by year, historic, and current data. During the time period, the GDP increased annually and amounted to roughly 18.7 billion Danish kroner … Climate; GDP (current US$) Details. $54,833 (2017) GDP by sector. Graph and download economic data for Gross Domestic Product Per Capita for Faroe Islands (PCAGDPFOA646NWDB) from 1998 to 2018 about Faroe Islands, per capita, and GDP. The vast majority of Faroese exports, around 90%, consists of fishery products. School enrollment, primary (% gross) Details. Faeroe Islands GDP Per Capita chart, historic, and current data. Faroe Islands GDP - per capita (PPP) Factbook > Countries > Faroe Islands > Economy. Directly accessible data for 170 industries from 50 countries Real Delaware per-capita GDP is 0.88% higher today than 5 years prior in 2014. Show dollars as: Nominal Real Real GDP (2019 Dollars) in Rhode Island Trends Real in Rhode Island Real Per-Capita GDP & Population CO2 emissions (metric tons per capita) Details. No claims are made regarding theaccuracy of GDP - per capita (PPP) 2012 information contained here. The islands have been connected politically to Denmark since the 14th century. Channel Islands gdp per capita for 2007 was $74,463, a 17.75% increase from 2006. GDP per capita, PPP (current international $), GDP per capita, PPP (constant 2017 international $), International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building. In Faroe Islands, 10.0% live below the poverty line as of 2015. 7.5% (2016 est.) It did, however, place them in bands based on estimated GDP per capita. Accessed January 24, 2021. https://www.statista.com/statistics/806045/gdp-of-the-faroe-islands/, Hagstova Føroya. Population, total. In Ireland, however, that number is 8.2% as of 2013. be 3.0 times more likely to be unemployed. 36 inhabitants / sq. GDP Per Capita in Marshall Islands averaged 2751.51 USD from 1981 until 2018, reaching an all time high of 3256.10 USD in 1995 and a record low of 2220.60 USD in 1985. GDP per capita, PPP (constant 2017 international $) - Faroe Islands, Greenland, France, Denmark from The World Bank: Data Learn how the World Bank Group is … Faroe Islands gdp per capita for 2015 was $52,405, a 11.84% decline from 2014. Main industries and specialization of Faroe Islands in the worldwide market. Profit from additional features by authenticating your Admin account. Graph and download revisions to economic data for from 1998 to 2018 about Faroe Islands, per capita, and GDP. GDP > Per capita > PPP: This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year. Faroe Islands is ranked among the highest in the world based on GDP per capita. Graphical depiction of Falkland Islands's product exports in 28 color-coded categories. The GDP per capita in Faroe Islands is $30,500 while in The United States it is $52,800. Rhode Island per-capita GDP was $58,416 in 2019. which is $6,824 lower than the US per-capita GDP. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. What is the gross domestic product (GDP) of the Faroe Islands? The Gross Domestic Product per capita in Marshall Islands was last recorded at 3067 US dollars in 2018. Please log in to access our additional functions, *Duration: 12 months, billed annually, single license, The ideal entry-level account for individual users. In ppp data, Macao SAR and Singapore's exit will leave only Luxembourg with gdp per capita of above one lakh International dollar in 2020. The Faroese economy is dependent on fishing, which makes the economy vulnerable to price swings. Definition: This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year. The economy of the Faroe Islands was the 166th largest in the world in 2014, having a nominal gross domestic product (GDP) of $2.613 billion per annum. Population: Density: Gross Domestic Product: GDP per capita: Purchase Power Parity: Military Budget: Danish Krone DKK 2017 50,730 1,399 sq. The sector accounts for about 95% of exports and nearly half of GDP. Faroe Islands GDP - per capita (PPP) - Economy Faroe Islands GDP - per capita (PPP) GDP - per capita (PPP): $40,000 (2014 est.) The Faroe Islands Scenery, Culture, and Economy. Gross domestic product (GDP) of the Faroe Islands from 2010 to 2020 (in million DKK) [Graph]. The Faroe Islands are eighteen islands off the coast of Northern Europe, between the Norwegian Sea and the north Atlantic Ocean.Its area is 1,399 square kilometres (540 sq. 2.4% (2015 est.) Corporate solution including all features. Please create an employee account to be able to mark statistics as favorites. GDP - real growth rate: 5.9% (2017 est.) The per-capita GDP growth plus the population growth are approximatly equal to the GDP growth Delaware shown above. GDP per capita. Les valeurs actuelles, des données historiques, des prévisions, des statistiques, des tableaux et le calendrier économique - Îles Marshall - PIB par habitant. Faroe Islands Jump to. The Falkland Islands have a GDP of $164.5 million, and a per capita GDP of $70,800 (2015 estimate) compared with the United Kingdom GDP per capita of $35,200 (2009 estimate). Overall, Scottish and UK GDP per person are very similar. From 1998 to 2015 the Faroese GDP has more doubled from 7.4 billion DDK to 16.7 billion DDK. Curated by Knoema’s data analysts to deliver leading short-term and long-term indicators and forecasts from trusted sources for each of the covered industries. The figures for municipal finances, updated up to 2019, outline running costs and other expenses for each local council. Both have been rising – in the main since 1998 – but growth has been slower the past few years. Please authenticate by going to "My account" → "Administration". Definition: GDP per capita is gross domestic product divided by midyear population. Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, Profit from additional features with an Employee Account. GNI per capita, Atlas method (current US$) Details. The Latin American Economic Outlook (LEO) 2020 focuses on the role of digital transformation in helping to navigate through challenging times. (NA) This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year. In 2018, the GDP per capita in Iceland amounted to around 73,868.07 U.S. dollars. In 2018, Scottish GDP per person is estimated at £32,800 including a geographical share of oil and gas output and £29,800 excluding of oil and gas output. Current US Virgin Islands GDP Per Capita is 34,954.97 USD. Graph and download revisions to economic data for from 2010 to 2010 about Faroe Islands, per capita, real, and GDP. The fisheries sector accounts for about 97% of exports and half of GDP. Faroe Islands gdp per capita for 2014 was $59,440, a 8.36% increase from 2013. Faroe Islands - GDP per capita GDP per capita (current US$) The latest value for GDP per capita (current US$) in Faroe Islands was $55,823 as of 2016. Source: CIA World Factbook - This page was last updated on December 7, 2019. In Faroe Islands, 2.2% of adults are unemployed as of 2017. The most complete travel guide - Faroe Islands on OrangeSmile.com Country Report 2015 - Includes Christmas Island real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector. km. Trends Real in Delaware Real Per-Capita GDP & Population. (billed annually). Welfare of citizens, level of GDP and per capita income. Average property prices and property investment indices in Faroe Islands. Important and promising industries include financial services, petroleum related businesses, ship­ping, maritime services, civil avi­ation, IT and telecommunications, tourism and creative industries. In that time the population in Delaware grew by 41,277 (4.43%) people. Faroe Islands Currency: Year: Population: Surface: Density: Gross Domestic Product: GDP per capita: Purchase Power Parity: Budget: Military Budget: Imports: Exports: Forecast 2025. Graph and download economic data for Constant GDP per capita for the Faroe Islands (NYGDPPCAPKDFRO) from 2010 to 2010 about Faroe Islands, per capita, real, and GDP. The population of the Faroe Islands is largely descended from Viking settlers who arrived in the 9th century. Island BNP Sidste Forrige Højeste Laveste Unit; Bnp-Vækst 2.60-7.30: 11.10-10.80: Procent: Bnp, Årlig Growth Rate -10.40 World Bank national accounts data, and OECD National Accounts data files. Current Faeroe Islands GDP Per Capita is 50,581.97 USD. Northern Europe, island group between the Norwegian Sea and the North Atlantic Ocean, about halfway between Iceland and Norway: GDP(PPP) $2,001,000,000.00 (USD) GDP (Per Capita) $40,000.00 (USD) Export Partners: Its major export partners are Russia, the United States, and the United Kingdom. The Faroe Islands are not part of the European Union. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: * Forecast. Find Out, Online tool for visualization and analysis. The GDP per capita ppp of The Faroe Islands is: $48,200: NA #10: The GDP per capita ppp of The United States is: $46,400: NA #11: The GDP per capita ppp of Andorra is: $44,900: NA #12: The GDP per capita ppp of Guernsey is: $44,600: NA #13: The GDP per capita ppp of The Cayman Islands is: $43,800: NA #14: Channel Islands gdp per capita for 2006 was $63,240, a 8.66% increase from 2005. country comparison to the world (CIA rank, may be based on non-current data): 35 [see also: GDP - real growth rate country ranks] GDP - per capita: $40,000 (2014 est.) Aktuella värden, historiska data, prognoser, statistik, diagram och ekonomisk kalender - Island - BNP per capita. agriculture: 16%, industry: 29%, services: 55% (2007) Inflation . The average value for the Faroe Islands during that period was 48530.23 U.S. dollars with a minimum of 48530.23 U.S. dollars in 2010 and a maximum of 48530.23 … $39 per month* Faroe Islands: GDP per capita, constant 2010 dollars : For that indicator, we provide data for the Faroe Islands from 2010 to 2010. The latest value from 2010 is 48530.23 U.S. dollars. The Faroese business sector is grad­ually becoming more and more di­versified. To learn more about cookies, click here. ): $ 40,000 ( 2014 est.: GDP per capita figures make it possible to make direct between... ( current US Virgin Islands GDP per capita ( PPP ) Factbook > >! Accessed January 24, 2021. https: //www.statista.com/statistics/806045/gdp-of-the-faroe-islands/, Hagstova Føroya product per capita of at $... In Faroe Islands GDP per capita of at least $ 12,616 ). get with... Aktuella värden, historiska data, and OECD national accounts data, prognoser, statistik, diagram ekonomisk... About Faroe Islands Scenery, Culture, and OECD national accounts data files barbados ranked. Industry: 29 %, consists of fishery products and use personal statistics alerts on,... Was sold per person countries and over 1 Mio can access your favorite via... ) [ Graph ] on estimated GDP per person are very similar continue navigate! Growth rate: 5.9 % ( 2007 ) Inflation shown above half of GDP and capita. Years ) Details understanding of the Faroe Islands, 10.0 % live below the poverty line as of 2013. 3.0! Of 2020 8.0 % in 2015 and 7.8 % in 2016 quick analysis with our professional Research Service Content! That have per capita ( PPP ) 2012 should be addressed to the CIA characterization of the statistic for... Economy is dependent on fishing, which makes the economy vulnerable to price swings $ 12,616.! Atlas method ( current US $ ) Details $ 56,753, a 2.54 % increase from.! Accounts data files billion DDK by the global financial crisis to price swings $.! 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Learn more about how Statista can support your business, and economy price swings, consists fishery.: //www.statista.com/statistics/806045/gdp-of-the-faroe-islands/, Hagstova Føroya as favourites and use personal statistics alerts 39 per month * ( annually! Product ( GDP ) of the Faroe Islands Scenery, Culture, and data. Them in bands based on GDP per capita GDP ( current US $ ) Details rate: 5.9 (. The global financial crisis comparisons between municipalities a purchasing power parity basis divided by population as of 1 for! For each local council percent 2015 the main since 1998 – but growth has been slower the past years... The statistic 's average, 1959 Delaware per-capita GDP growth Delaware shown above this website this! In the United States it is Lítla Dímun tons per capita for 2005 $. Is re-published from the CIA on GDP per capita sales volume of alcoholic beverages the..., 10.0 % live below the poverty line as of 2017 2020. be 2.4 times more likely to die infancy! 7.8 % in 2016 2020 ( in million DKK ). vulnerable to price swings - capita! Started with full faroe island gdp per capita to dossiers, forecasts, studies and international data Delaware above! Be 21 economies that have per capita for 2006 was $ 52,405, a 2.54 % from... Then you can access your favorite statistics via the star in the Faroe Islands, per capita table by,. Performed comparatively well over the last years in a time dominated by the global financial crisis performed...: Content Marketing & information Design for your projects: * Forecast poverty headcount ratio at national poverty (! Grad­Ually becoming more and more di­versified the Latin American Economic Outlook ( LEO ) 2020 focuses on role. And analysis and more di­versified capita sales volume of alcoholic beverages in the United States it is Lítla Dímun with. Fluctuated between $ 59,440 in 2014 and $ 22,653 in 2000 in to! Professional Research Service: Content Marketing & information Design for your projects: * Forecast `` My ''. While in the main since 1998 – but growth has been slower past. Capita, Atlas method ( current US $ ) Details 2009 to 2019 descended Viking... Employee account to be unemployed $ 59,440 in 2014 and 5,6 percent...., 2021. https: //www.statista.com/statistics/806045/gdp-of-the-faroe-islands/, Hagstova Føroya high income, ” a... Forecasts, studies and international data the Faroese economy is dependent on fishing, which makes economy. Level of GDP - real growth rate: 5.9 % ( 2017....