Country profile
Faroe Islands
Europe · Capital: Tórshavn · Currency: Danish krone (DKK), Faroese króna (FOK)
Faroe Islands is a country in Europe, with its capital at Tórshavn. It has a GDP of $4.05B (2024), a population of 54,900 (2025), a GDP per capita of $74,175.
- GDP
- $4.05B
- GDP per capita
- $74,175
- Population
- 54,900
- GDP per capita (PPP)
- $82,089
2024 · #168 of 200
2024 · #13 of 200
2025 · #201 of 216
2024
Economy
- GDP
- $4.05B2024 · #168
- GDP per capita
- $74,1752024 · #13
- GDP growth
- 0.84%2024 · #170
- Population
- 54,9002025 · #201
- GDP (PPP)
- $4.49B2024
- GDP per capita (PPP)
- $82,0892024
People
- Median age
- 36.8 yrs2024 · #86
- Fertility rate
- 1.9 children/woman2024 · #108
- Urbanization
- 39.6%2025 · #173
- Net migration
- +386/yr2025 · #74
- Life expectancy
- 83.1 yrs2024 · #20
Money
- Corporate tax
- 18%2024 · #149
Figures
- Internet users
- 97.6%2017
- CO₂ per capita
- 0.0 t2024 · #195
- Area
- 1,393 km²#187
- Population density
- 39 /km²2025 · #162
- McDonald's
- 02024
- Unicorn startups
- 02026-03
- Billionaires
- 02026
- Renewable energy
- 5.1%2021 · #166
Globenomics Company Index
The largest companies headquartered in Faroe Islands.
- 1BakkafrostAquacultureRevenue · 2018 · ~$503.19M
- 2Eik BankiFinancial services206 employees
- 3Effo200 employees