Faroe Islands - PPP Conversion Factor 2016
7.05
+0.45 from 2015
Faroe Islands's ppp conversion factor was 7.05 in 2016, increased +0.45 from 6.60 in 2015. This was the 114th highest globally.
Global Ranking - 2016▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Zimbabwe | 0.00 | -3.9% |
| 2nd | Bahrain | 0.19 | 1.6% |
| 3rd | Kuwait | 0.20 | -0.7% |
| 4th | Oman | 0.20 | -1.6% |
| 5th | Jordan | 0.32 | 1.1% |
| 6th | Montenegro | 0.35 | -2.9% |
| 7th | Kosovo | 0.37 | 1.9% |
| 8th | Timor-Leste | 0.39 | -7.2% |
| 9th | Azerbaijan | 0.43 | 14.0% |
| 10th | Croatia | 0.45 | -3.7% |
| 11th | El Salvador | 0.46 | -3.4% |
| 12th | Lithuania | 0.47 | -1.5% |
| 13th | Liberia | 0.48 | -7.2% |
| 14th | Panama | 0.49 | -5.2% |
| 15th | Slovak Republic | 0.50 | 2.4% |
| 16th | Latvia | 0.52 | -2.5% |
| 17th | Estonia | 0.53 | -1.8% |
| 18th | Ecuador | 0.54 | -1.0% |
| 19th | Belarus | 0.56 | 7.3% |
| 20th | Portugal | 0.57 | -2.3% |
| 21st | Slovenia | 0.58 | -3.1% |
| 22nd | West Bank and Gaza | 0.58 | 2.6% |
| 23rd | Malta | 0.58 | -2.8% |
| 24th | Greece | 0.59 | -3.4% |
| 25th | Libya | 0.62 | 7.2% |
| 26th | Cyprus | 0.62 | -6.2% |
| 27th | Spain | 0.64 | -3.3% |
| 28th | Brunei Darussalam | 0.65 | -3.2% |
| 29th | Bulgaria | 0.67 | -1.8% |
| 30th | Bosnia and Herzegovina | 0.68 | -2.7% |
| 31st | Andorra | 0.68 | -0.6% |
| 32nd | United Kingdom | 0.69 | -0.6% |
| 33rd | Italy | 0.70 | -5.2% |
| 34th | Georgia | 0.75 | -0.7% |
| 35th | Tunisia | 0.75 | 2.9% |
| 36th | Germany | 0.75 | -3.3% |
| 37th | San Marino | 0.76 | 1.5% |
| 38th | Austria | 0.78 | -2.7% |
| 39th | France | 0.78 | -3.5% |
| 40th | Belgium | 0.78 | -2.4% |
| 41st | Ireland | 0.79 | -1.9% |
| 42nd | Netherlands | 0.80 | -1.8% |
| 43rd | Luxembourg | 0.85 | -3.3% |
| 44th | Singapore | 0.88 | -0.2% |
| 45th | Finland | 0.88 | -3.0% |
| 46th | Micronesia, Federated States of | 0.89 | 2.8% |
| 47th | Puerto Rico (US) | 0.93 | 2.8% |
| 48th | Fiji | 0.94 | 2.9% |
| 49th | Palau | 0.94 | 3.9% |
| 50th | Bahamas, The | 0.95 | -0.8% |
| 51st | Kiribati | 0.95 | 0.8% |
| 52nd | Marshall Islands | 0.97 | 6.2% |
| 53rd | Cayman Islands | 0.99 | -0.7% |
| 54th | United States | 1.00 | 0.0% |
| 55th | Turks and Caicos Islands | 1.05 | -1.7% |
| 56th | Virgin Islands (US) | 1.06 | 1.1% |
| 57th | British Virgin Islands | 1.06 | -1.5% |
| 58th | Nauru | 1.17 | 25.0% |
| 59th | Switzerland | 1.20 | -2.7% |
| 60th | Canada | 1.21 | -3.3% |
| 61st | Türkiye | 1.24 | 6.8% |
| 62nd | Tuvalu | 1.27 | 7.4% |
| 63rd | Belize | 1.31 | 1.3% |
| 64th | Bermuda | 1.35 | -2.1% |
| 65th | Aruba | 1.36 | -0.5% |
| 66th | Curaçao | 1.43 | -0.6% |
| 67th | New Zealand | 1.44 | -2.5% |
| 68th | Australia | 1.45 | -1.6% |
| 69th | Sint Maarten (Dutch part) | 1.49 | -2.0% |
| 70th | Ghana | 1.49 | 21.2% |
| 71st | Tonga | 1.49 | 2.0% |
| 72nd | St. Vincent and the Grenadines | 1.53 | -4.5% |
| 73rd | Turkmenistan | 1.54 | -2.8% |
| 74th | Malaysia | 1.55 | 1.2% |
| 75th | Romania | 1.60 | -4.0% |
| 76th | Saudi Arabia | 1.67 | 3.4% |
| 77th | Poland | 1.73 | -1.8% |
| 78th | Peru | 1.74 | 1.7% |
| 79th | Samoa | 1.76 | 1.3% |
| 80th | Grenada | 1.78 | 0.3% |
| 81st | Dominica | 1.84 | -0.7% |
| 82nd | St. Lucia | 1.88 | -3.5% |
| 83rd | Papua New Guinea | 1.90 | 1.6% |
| 84th | Sierra Leone | 2.02 | 5.4% |
| 85th | St. Kitts and Nevis | 2.05 | 0.2% |
| 86th | Antigua and Barbuda | 2.10 | 1.4% |
| 87th | Barbados | 2.12 | -0.6% |
| 88th | Tajikistan | 2.12 | 7.0% |
| 89th | Brazil | 2.16 | 7.5% |
| 90th | United Arab Emirates | 2.24 | 0.6% |
| 91st | Suriname | 2.43 | 33.4% |
| 92nd | Qatar | 2.48 | 1.2% |
| 93rd | Egypt, Arab Republic of | 2.50 | 11.1% |
| 94th | Bolivia, Plurinational State of | 2.78 | -4.0% |
| 95th | Guatemala | 3.35 | 0.5% |
| 96th | Sudan | 3.47 | 14.3% |
| 97th | Israel | 3.79 | -3.5% |
| 98th | Zambia | 3.86 | 15.1% |
| 99th | China | 3.87 | 2.5% |
| 100th | Morocco | 3.92 | -0.4% |
| 101st | Trinidad and Tobago | 4.12 | -3.1% |
| 102nd | Botswana | 4.53 | 3.1% |
| 103rd | Lesotho | 4.96 | 5.3% |
| 104th | Ukraine | 5.08 | 10.1% |
| 105th | Macao SAR, China | 5.12 | -0.4% |
| 106th | Moldova | 5.49 | -2.3% |
| 107th | Greenland | 5.51 | 2.6% |
| 108th | Eswatini | 5.61 | 8.1% |
| 109th | Eritrea | 5.74 | -0.5% |
| 110th | Hong Kong SAR, China | 5.98 | 1.9% |
| 111th | South Africa | 6.15 | 5.7% |
| 112th | Namibia | 6.34 | 7.9% |
| 113th | Solomon Islands | 6.84 | -0.6% |
| 114th | Faroe Islands | 7.05 | 6.9% |
| 115th | Denmark | 7.08 | -3.1% |
| 116th | Seychelles | 7.66 | -4.6% |
| 117th | Maldives | 8.15 | -1.8% |
| 118th | Mexico | 8.45 | 1.4% |
| 119th | Sweden | 8.82 | -0.4% |
| 120th | Argentina | 9.32 | 35.4% |
| 121st | São Tomé and Principe | 9.63 | 5.8% |
| 122nd | Norway | 10.04 | 1.1% |
| 123rd | Honduras | 10.16 | -1.2% |
| 124th | Nicaragua | 10.37 | 0.0% |
| 125th | Mauritania | 11.78 | -7.2% |
| 126th | Thailand | 12.35 | 0.1% |
| 127th | Czechia | 12.58 | -2.8% |
| 128th | South Sudan | 13.58 | 303.0% |
| 129th | Gambia, The | 14.01 | 5.9% |
| 130th | Afghanistan | 15.92 | 0.6% |
| 131st | Mauritius | 16.34 | -1.9% |
| 132nd | Kyrgyz Republic | 16.75 | -2.4% |
| 133rd | Bhutan | 18.79 | 1.3% |
| 134th | North Macedonia | 18.96 | -2.5% |
| 135th | Philippines | 19.20 | 0.0% |
| 136th | India | 19.74 | 3.3% |
| 137th | Mozambique | 20.19 | 9.0% |
| 138th | Dominican Republic | 20.26 | -2.1% |
| 139th | Uruguay | 22.46 | 6.4% |
| 140th | Russian Federation | 24.19 | 2.7% |
| 141st | Haiti | 24.46 | 8.0% |
| 142nd | Bangladesh | 28.19 | 4.2% |
| 143rd | Nepal | 31.35 | 6.4% |
| 144th | Pakistan | 32.10 | 2.7% |
| 145th | Algeria | 36.04 | 5.5% |
| 146th | Kenya | 40.28 | 1.3% |
| 147th | Serbia | 40.46 | -0.7% |
| 148th | Albania | 42.39 | -0.7% |
| 149th | Sri Lanka | 46.19 | 2.4% |
| 150th | Cabo Verde | 48.94 | -2.3% |
| 151st | Jamaica | 66.68 | 1.2% |
| 152nd | Angola | 82.86 | 19.1% |
| 153rd | Djibouti | 100.68 | 1.7% |
| 154th | Nigeria | 104.50 | 8.6% |
| 155th | Guyana | 105.27 | 3.1% |
| 156th | Japan | 105.52 | 2.0% |
| 157th | Vanuatu | 105.84 | 0.9% |
| 158th | Kazakhstan | 111.10 | 10.5% |
| 159th | Hungary | 132.03 | -0.4% |
| 160th | Iceland | 140.03 | -1.4% |
| 161st | Armenia | 160.21 | -6.9% |
| 162nd | Comoros | 193.34 | -3.3% |
| 163rd | Mali | 204.21 | -4.0% |
| 164th | Burkina Faso | 209.03 | -5.1% |
| 165th | Benin | 210.71 | -3.1% |
| 166th | Guinea-Bissau | 220.77 | 0.1% |
| 167th | Malawi | 229.42 | 19.4% |
| 168th | Cameroon | 235.56 | -1.5% |
| 169th | Togo | 236.86 | 0.3% |
| 170th | Chad | 240.90 | -2.5% |
| 171st | Senegal | 242.01 | 0.6% |
| 172nd | Côte d'Ivoire | 243.63 | 0.0% |
| 173rd | Niger | 250.65 | 2.3% |
| 174th | Equatorial Guinea | 265.28 | -3.6% |
| 175th | Central African Republic | 277.77 | -1.4% |
| 176th | Gabon | 282.68 | -2.9% |
| 177th | Rwanda | 307.71 | 3.7% |
| 178th | Congo, Republic of | 308.86 | 1.0% |
| 179th | Costa Rica | 343.01 | -4.0% |
| 180th | Myanmar | 347.01 | 8.8% |
| 181st | Chile | 397.25 | 1.6% |
| 182nd | Congo, Democratic Republic of | 488.94 | -3.0% |
| 183rd | Iraq | 563.81 | 1.5% |
| 184th | Burundi | 564.40 | 1.9% |
| 185th | Lebanon | 643.81 | -5.6% |
| 186th | Mongolia | 737.07 | 1.9% |
| 187th | Tanzania | 852.17 | 5.7% |
| 188th | Korea | 858.81 | 0.2% |
| 189th | Madagascar | 923.50 | 5.8% |
| 190th | Uzbekistan | 1,179.96 | 11.5% |
| 191st | Uganda | 1,196.84 | 7.4% |
| 192nd | Colombia | 1,298.14 | 1.0% |
| 193rd | Cambodia | 1,431.96 | 0.9% |
| 194th | Paraguay | 2,456.88 | 1.8% |
| 195th | Lao PDR | 2,775.05 | -2.0% |
| 196th | Guinea | 2,831.13 | -2.3% |
| 197th | Indonesia | 4,566.57 | 4.0% |
| 198th | Viet Nam | 7,163.83 | -1.7% |
| 199th | Somalia, Fed. Rep. | 7,239.51 | -2.1% |
| 200th | Iran, Islamic Republic of | 11,796.81 | 10.2% |
FAQ
What was Faroe Islands's ppp conversion factor in 2016?▾
Faroe Islands's ppp conversion factor in 2016 was 7.05. This ranked 114th globally.
How did Faroe Islands's ppp conversion factor change in 2016?▾
Faroe Islands's ppp conversion factor increased by 6.9% in 2016 compared to 2015.
Which country had the highest ppp conversion factor in 2016?▾
Iran, Islamic Republic of had the highest ppp conversion factor in 2016 at 11,796.81.
What is the ppp conversion factor of Faroe Islands in 2016?▾
The ppp conversion factor of Faroe Islands in 2016 was 7.05. This ranked 114th globally.
How does 2016 compare to 2015 for Faroe Islands's ppp conversion factor?▾
Faroe Islands's ppp conversion factor went from 6.60 in 2015 to 7.05 in 2016, a 6.9% increase.
Related
2015
2017
All years
Full ranking 2016
Inflation Rate
Consumer Price Index
Peak: 2016
Lowest: 2025
PPP Conversion Factor 1990s
PPP Conversion Factor 2000s
PPP Conversion Factor 2010s
PPP Conversion Factor 2020s
Highest ever
Lowest ever
Average
vs Channel Islands
vs Macao SAR, China
vs Netherlands
vs Denmark
Global Ranking