Faroe Islands in numbers

Name: Faroe Islands development indicators
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Faroe Islands is in Europe & Central Asia and is classed by the World Bank as high income. Its capital is Torshavn. Its population was 54,900 in 2025, ranking 202 of 217 countries. GDP per person was US$74,175 in 2024.

Population54,9002025

GDPUS$4.1 billion2024

GDP per personUS$74,1752024

Life expectancy83.12024

Area12,9602024

Urban share39.6%2025

People

Population

54,900

2025 · +20% since 2000 · Rank 202 of 217

Population growth (annual %)

0.47%

2025 · 1.34% in 2000 · Rank 137 of 217

Population density (people per km²)

39.9

2024 · +22% since 2000 · Rank 163 of 216

Urban population (% of total)

39.6%

2025 · 35.7% in 2000 · Rank 173 of 217

Population aged 0 to 14 (% of total)

19.9%

2025 · 23.8% in 2000 · Rank 125 of 217

Population aged 65 and over (% of total)

17.8%

2025 · 13.5% in 2000 · Rank 51 of 217

Fertility rate (births per woman)

1.91

2024 · -25% since 2000 · Rank 108 of 217

Health and living standards

Life expectancy at birth (years)

83.1

2024 · +6% since 2000 · Rank 20 of 217

Access to electricity (% of population)

100.0%

2024 · 100.0% in 2000 · Rank 85 of 215

Internet users (% of population)

97.6%

2017 · 32.9% in 2000

Economy

GDP (current US$)

US$4.1 billion

2024 · +280% since 2000 · Rank 174 of 210

GDP per person (current US$)

US$74,175

2024 · +218% since 2000 · Rank 16 of 210

GDP per person, PPP (current international $)

Int$82,089

2024 · +99% since 2008 · Rank 16 of 199

GDP growth (annual %)

0.84%

2024 · -4.55% in 2009 · Rank 178 of 210

Exports of goods and services (% of GDP)

54.6%

2024 · 51.3% in 2000 · Rank 46 of 183

Personal remittances received (% of GDP)

6.3%

2011 · 4.0% in 2000

Land and environment

Land and water area (km²)

12,960

2024 · +828% since 2000 · Rank 159 of 216

Forest area (% of land area)

0.1%

2024 · 0.1% in 2000 · Rank 208 of 214

CO₂ emissions per person (tonnes)

0.04

2024 · -2% since 2000 · Rank 195 of 203

Elsewhere in Europe & Central Asia

Albania Andorra Armenia Austria Azerbaijan Belgium Bulgaria Bosnia and Herzegovina Belarus Switzerland Channel Islands Cyprus

Source: World Bank, World Development Indicators, updated 8 October 2026. Each figure is the latest year available for Faroe Islands. Rankings compare countries with data from the same or recent years.