Australia vs Faroe Islands: GDP per capita
GDP per capita over time
- Australia
- Faroe Islands
How they compare
Australia currently reports 61,369 constant 2015 US$ against 59,302 constant 2015 US$ in Faroe Islands, a difference of 2,066 constant 2015 US$.
Across all 17 years both countries report, Australia has been ahead every year.
Globally, Australia ranks 15th and Faroe Islands ranks 16th of 211 countries.
Individual pages
About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.