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Faroe Islands

Europe & Central Asia High income Torshavn

Faroe Islands posted GDP of $4.05B in 2024. Population stands at 54,900, while GDP per capita reaches $74,175.28.

Quick facts

GDP (current US$) $4.05B 2024 Population, total 54,900 2025 GDP per capita (current US$) $74,175.28 2024 Life expectancy at birth, total (years) 83.08 years 2024 GDP growth (annual %) 0.84% 2024

Population, total

Open ranking
54,900
2025

Population, total increased from 34,127 in 1960 to 54,900 in 2025, a gain of 20,773.

GDP (current US$)

Open ranking
$4.05B
2024

GDP (current US$) increased from $57.95M in 1965 to $4.05B in 2024, a gain of $3.99B.

Life expectancy at birth, total (years)

Open ranking
83.08 years
2024

Life expectancy at birth, total (years) increased from 72.11 years in 1960 to 83.08 years in 2024, a gain of 10.98 years.

Country takeaways

  • Faroe Islands posts $4.05B for GDP (current US$) in 2024; global position: #168.
  • Faroe Islands posts 54,900 for Population, total in 2025; global position: #202.
  • Faroe Islands posts $74,175.28 for GDP per capita (current US$) in 2024; global position: #13.

Trend interpretation

  • Population, total increased from 34,127 in 1960 to 54,900 in 2025, a gain of 20,773.
  • GDP (current US$) increased from $57.95M in 1965 to $4.05B in 2024, a gain of $3.99B.
  • Life expectancy at birth, total (years) increased from 72.11 years in 1960 to 83.08 years in 2024, a gain of 10.98 years.

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