Faroe Islands GNI per Capita
GNI divided by midyear population NY.GNP.PCAP.CD
Faroe Islands's gni per capita was $77,064 in 2025, ranked 11th globally. This represents a 5.5% increase from 2024. Data from World Bank, covering 2010–2025.
Overview
Faroe Islands's gni per capita stood at $77,064 in 2025, a rise of +$3,994 from 2024. Based on recent trends, this figure is projected to reach $77,064 by 2025. Faroe Islands ranked 11th globally.
The Faroe Islands have lifted their gross national income per capita from 49,050.00 in 2010 to 77,064.00 in 2025, marking a 57 percent increase over 16 years and establishing the 2025 figure as the all‑time peak. This upward trajectory places the territory at rank 11 globally and just above Denmark, whose 2025 GNI per capita stands at 76,415.00, while remaining below the Cayman Islands (84,212.00) and Singapore (79,294.00). The sustained rise reflects the islands’ expanding fisheries sector, growing tourism revenues, and integration into high‑value European supply chains, all supported by robust fiscal policies and modest population growth. Despite the impressive gains, the Faroe Islands’ per‑capita income remains modestly lower than the highest‑ranking peers, suggesting scope for further convergence through diversification into renewable energy and digital services. Continued investment in these areas is likely to preserve the positive trend and could push the territory toward the top‑ten bracket in the coming decade.
Data & projection
| Year | GNI per Capita | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $81,284 | - | - |
| 2026* trend | $79,174 | - | - |
| 2025* trend | $77,064 | - | - |
| 2025 | $77,064 | +$3,994 | #11 |
| 2024 | $73,070 | −$330 | #10 |
| 2023 | $73,400 | +$440 | #10 |
| 2022 | $72,960 | +$2,920 | #10 |
| 2021 | $70,040 | +$5,840 | #9 |
| 2020 | $64,200 | −$1,810 | #9 |
| 2019 | $66,010 | +$3,100 | #8 |
| 2018 | $62,910 | +$4,990 | #10 |
| 2017 | $57,920 | +$510 | #10 |
| 2016 | $57,410 | −$260 | #10 |
| 2015 | $57,670 | −$2,760 | #11 |
| 2014 | $60,430 | +$900 | #11 |
| 2013 | $59,530 | +$3,030 | #11 |
| 2012 | $56,500 | +$3,080 | #11 |
| 2011 | $53,420 | +$4,370 | #12 |
Analysis
Faroe Islands's gni per capita was $77,064 in 2025, a rise of +$3,994 from 2024. Based on trends, estimated $77,064 by 2025.
Frequently Asked Questions
Faroe Islands's gni per capita was $77,064 in 2025. Ranked 11th globally. This represents a 5.5% increase from the previous year.
Faroe Islands's gni per capita peaked at $77,064 in 2025.
The lowest gni per capita in Faroe Islands was $49,050 in 2010.
Faroe Islands ranks 11th globally in gni per capita as of 2025.
The World Bank indicator code is NY.GNP.PCAP.CD. Data sourced from World Bank.
Faroe Islands's gni per capita is projected to reach $77,064 by 2025 based on trend extrapolation.
The gni per capita of Faroe Islands in 2025 was $77,064. This ranks 11th in the world.
Cite this page
@misc{historysaid_faroe-islands_gni-per-capita,
title = {Faroe Islands GNI per Capita},
url = {https://historysaid.com/faroe-islands/gni-per-capita/},
publisher = {HistorySaid},
year = {2026}
}