Which has a higher GDP, Faroe Islands or Mongolia?

Mongolia has a higher GDP. Faroe Islands: $4.1B. Mongolia: $25.1B (2024).

How does Faroe Islands's GDP per capita compare to Mongolia?

Faroe Islands has a higher GDP per capita. Faroe Islands: $74,120. Mongolia: $7,005 (2024).

Is Faroe Islands's population larger than Mongolia?

Mongolia has a higher population. Faroe Islands: 55,379. Mongolia: 3.6M (2025).

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Faroe Islands vs Mongolia

Side-by-side comparison

Indicator	Faroe Islands	Mongolia
GDP per Capita	$74,120	$7,005
GDP Growth	0.84%	5.50%
Inflation Rate	-	8.27%
Population	55,379	3.6M
Unemployment Rate	-	5.23%

Faroe Islands vs Mongolia: Key Differences

Faroe Islands's gdp per capita ($74,120) is 10.6x higher than Mongolia's ($7,005) as of 2024. Mongolia's gdp growth (5.50%) is 6.5x higher than Faroe Islands's (0.84%) as of 2024. Mongolia's population (3.6M) is 64.6x higher than Faroe Islands's (55,379) as of 2025.

Faroe Islands Mongolia Reverse comparison