Population - Est. & Proj. — Urban population, per unit of GDP in Faroe Islands

Faroe Islands: Population - Est. & Proj. — Urban population, per unit of GDP was 0 1000 No per US$ of GDP in 2024. ◆ Volatile

Latest (2024)
0 1000 No per US$ of GDP
Change on year
down 1.8%
World rank
184th
of 187 countries
All-time high
0 1000 No per US$ of GDP
in 1965
All-time low
0 1000 No per US$ of GDP
in 2024
Years of data
60
1965–2024

Population - Est. & Proj. — Urban population, per unit of GDP in Faroe Islands, 1965–2024

0000196519942024

Source: Statizoid (derived). Measured in 1000 No per US$ of GDP.

Analysis

Faroe Islands recorded 0 1000 No per US$ of GDP for population - est. & proj. — urban population, per unit of gdp in 2024. That is the lowest value across all 60 years on record.

The figure is down 1.8% on the previous year and down 22.3% over ten years.

Over the whole period, population - est. & proj. — urban population, per unit of gdp in Faroe Islands peaked at 0 1000 No per US$ of GDP in 1965 and was at its lowest, 0 1000 No per US$ of GDP, in 2024.

Faroe Islands ranks 184th of 187 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Population - Est. & Proj. — Urban population, per unit of GDP in Faroe Islands, year by year

Annual values for Population - Est. & Proj. — Urban population, per unit of GDP in Faroe Islands, 1965 to 2024.
Year 1000 No per US$ of GDP Change
1965 0 1000 No per US$ of GDP
1966 0 1000 No per US$ of GDP -6.2%
1967 0 1000 No per US$ of GDP -0.1%
1968 0 1000 No per US$ of GDP +4.3%
1969 0 1000 No per US$ of GDP -4.5%
1970 0 1000 No per US$ of GDP -15.2%
1971 0 1000 No per US$ of GDP -12.0%
1972 0 1000 No per US$ of GDP -14.5%
1973 0 1000 No per US$ of GDP -23.9%
1974 0 1000 No per US$ of GDP -15.8%
1975 0 1000 No per US$ of GDP -11.1%
1976 0 1000 No per US$ of GDP -13.7%
1977 0 1000 No per US$ of GDP -20.2%
1978 0 1000 No per US$ of GDP -11.6%
1979 0 1000 No per US$ of GDP -10.7%
1980 0 1000 No per US$ of GDP -8.4%
1981 0 1000 No per US$ of GDP +8.8%
1982 0 1000 No per US$ of GDP +3.4%
1983 0 1000 No per US$ of GDP -8.2%
1984 0 1000 No per US$ of GDP +15.0%
1985 0 1000 No per US$ of GDP -6.6%
1986 0 1000 No per US$ of GDP -32.8%
1987 0 1000 No per US$ of GDP -21.6%
1988 0 1000 No per US$ of GDP -7.7%
1989 0 1000 No per US$ of GDP +11.6%
1990 0 1000 No per US$ of GDP -8.5%
1991 0 1000 No per US$ of GDP +7.3%
1992 0 1000 No per US$ of GDP +1.2%
1993 0 1000 No per US$ of GDP +21.5%
1994 0 1000 No per US$ of GDP +1.7%
1995 0 1000 No per US$ of GDP -14.3%
1996 0 1000 No per US$ of GDP -6.9%
1997 0 1000 No per US$ of GDP +8.0%
1998 0 1000 No per US$ of GDP -14.2%
1999 0 1000 No per US$ of GDP -0.7%
2000 0 1000 No per US$ of GDP +7.8%
2001 0 1000 No per US$ of GDP -5.4%
2002 0 1000 No per US$ of GDP -6.5%
2003 0 1000 No per US$ of GDP -13.2%
2004 0 1000 No per US$ of GDP -11.4%
2005 0 1000 No per US$ of GDP -0.4%
2006 0 1000 No per US$ of GDP -11.8%
2007 0 1000 No per US$ of GDP -13.2%
2008 0 1000 No per US$ of GDP -5.5%
2009 0 1000 No per US$ of GDP +9.0%
2010 0 1000 No per US$ of GDP -1.0%
2011 0 1000 No per US$ of GDP -6.5%
2012 0 1000 No per US$ of GDP +3.7%
2013 0 1000 No per US$ of GDP -9.3%
2014 0 1000 No per US$ of GDP -7.2%
2015 0 1000 No per US$ of GDP +13.9%
2016 0 1000 No per US$ of GDP -7.9%
2017 0 1000 No per US$ of GDP -4.9%
2018 0 1000 No per US$ of GDP -5.8%
2019 0 1000 No per US$ of GDP -1.6%
2020 0 1000 No per US$ of GDP +0.7%
2021 0 1000 No per US$ of GDP -10.8%
2022 0 1000 No per US$ of GDP +3.2%
2023 0 1000 No per US$ of GDP -7.5%
2024 0 1000 No per US$ of GDP -1.8%

Averages by decade

DecadeAverage LowestHighest Years
1960s 0 1000 No per US$ of GDP 0 1000 No per US$ of GDP 0 1000 No per US$ of GDP 5
1970s 0 1000 No per US$ of GDP 0 1000 No per US$ of GDP 0 1000 No per US$ of GDP 10
1980s 0 1000 No per US$ of GDP 0 1000 No per US$ of GDP 0 1000 No per US$ of GDP 10
1990s 0 1000 No per US$ of GDP 0 1000 No per US$ of GDP 0 1000 No per US$ of GDP 10
2000s 0 1000 No per US$ of GDP 0 1000 No per US$ of GDP 0 1000 No per US$ of GDP 10
2010s 0 1000 No per US$ of GDP 0 1000 No per US$ of GDP 0 1000 No per US$ of GDP 10
2020s 0 1000 No per US$ of GDP 0 1000 No per US$ of GDP 0 1000 No per US$ of GDP 5

Countries ranked near Faroe Islands

  1. 181 Switzerland 0 1000 No per US$ of GDP compare
  2. 182 Isle of Man 0 1000 No per US$ of GDP compare
  3. 183 Luxembourg 0 1000 No per US$ of GDP compare
  4. 185 Ireland 0 1000 No per US$ of GDP compare
  5. 186 Monaco 0 1000 No per US$ of GDP compare
  6. 187 Liechtenstein 0 1000 No per US$ of GDP compare

See the full ranking of 189 places →

More work & labour data for Faroe Islands

All data for Faroe Islands →

Frequently asked questions

What is population - est. & proj. — urban population, per unit of gdp in Faroe Islands?
Population - est. & proj. — urban population, per unit of gdp in Faroe Islands was 0 1000 No per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest population - est. & proj. — urban population, per unit of gdp recorded in Faroe Islands?
The highest recorded value was 0 1000 No per US$ of GDP in 1965.
What is the lowest population - est. & proj. — urban population, per unit of gdp recorded in Faroe Islands?
The lowest recorded value was 0 1000 No per US$ of GDP in 2024.
How does Faroe Islands rank for population - est. & proj. — urban population, per unit of gdp?
Faroe Islands ranks 184th out of 187 countries with data for 2024.
Is population - est. & proj. — urban population, per unit of gdp rising or falling in Faroe Islands?
Over the last ten years it is down 22.3%. The long-run trend across the full record is volatile.
Where does this Faroe Islands data come from?
The figures come from Statizoid (derived), published as part of Population - Est. & Proj. — Urban population, per unit of GDP. Statizoid updates them automatically from the source API.

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Population - Est. & Proj. — Urban population, per unit of GDP in Faroe Islands. Statizoid, drawing on Statizoid (derived). Retrieved 01 September 2026, from https://labour.statizoid.com/stat/population-est-and-proj-urban-population-per-unit-of-gdp/faroe-islands/

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How this figure is calculated

Population - Est. & Proj. — Urban population divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Population - Est. & Proj. — Urban population ÷ GDP (current US$)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Population - Est. & Proj. — Urban population, per unit of GDP
Unit
1000 No per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
189 places, 10,242 data points, 1960–2025
Last refreshed

Population - Est. & Proj. — Urban population divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.