Faroe Islands 

Social

Indicator
Most recent value
Trend
Life expectancy at birth, total (years)
Life expectancy at birth, total (years)
Most recent value

(2024)

83

(2024)

Trend
Poverty headcount ratio at $3.00 a day (2021 PPP) (% of population)
Poverty headcount ratio at $3.00 a day (2021 PPP) (% of population)

No data available

Trend
Population, total
Population, total
Most recent value

(2024)

54,681

(2024)

Trend
Population growth (annual %)
Population growth (annual %)
Most recent value

(2024)

0.5

(2024)

Trend
Net migration
Net migration
Most recent value

(2025)

386

(2025)

Trend

No data available

Trend

Economic

Indicator
Most recent value
Trend
GDP (current US$)
GDP (current US$)
Most recent value

(2024 billion)

4.05

(2024 billion)

Trend
GDP per capita (current US$)
GDP per capita (current US$)
Most recent value

(2024)

74,119.7

(2024)

Trend
GDP growth (annual %)
GDP growth (annual %)
Most recent value

(2024)

0.8

(2024)

Trend
Unemployment, total (% of total labor force) (modeled ILO estimate)
Unemployment, total (% of total labor force) (modeled ILO estimate)

No data available

Trend
Inflation, consumer prices (annual %)
Inflation, consumer prices (annual %)

No data available

Trend
Personal remittances, received (% of GDP)
Personal remittances, received (% of GDP)
Most recent value

(2011)

6.3

(2011)

Trend
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Human Capital Index

  • HCI and GDP Per Capita PPP (log scale, horizontal axis)

    Productivity relative to benchmark of complete education and full health

    Faroe Islands