Urban area long term, per unit of GDP in Faroe Islands

Faroe Islands: Urban area long term, per unit of GDP was 0 units per US$ of GDP in 2024. ◆ Volatile

Latest (2024)
0 units per US$ of GDP
Change on year
down 0.8%
World rank
178th
of 188 countries
All-time high
0 units per US$ of GDP
in 1965
All-time low
0 units per US$ of GDP
in 2024
Years of data
60
1965–2024

Urban area long term, per unit of GDP in Faroe Islands, 1965–2024

00000196519942024

Source: Statizoid (derived). Measured in units per US$ of GDP.

Analysis

In 2024, urban area long term, per unit of gdp in Faroe Islands stood at 0 units per US$ of GDP. That is the lowest value across all 60 years on record.

The figure is down 0.8% on the previous year and down 15.3% over ten years.

Over the whole period, urban area long term, per unit of gdp in Faroe Islands peaked at 0 units per US$ of GDP in 1965 and was at its lowest, 0 units per US$ of GDP, in 2024.

Faroe Islands ranks 178th of 188 countries on this measure, in the bottom quarter.

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

Urban area long term, per unit of GDP in Faroe Islands, year by year

Annual values for Urban area long term, per unit of GDP in Faroe Islands, 1965 to 2024.
Year units per US$ of GDP Change
1965 0 units per US$ of GDP —
1966 0 units per US$ of GDP -6.1%
1967 0 units per US$ of GDP -0.0%
1968 0 units per US$ of GDP +4.5%
1969 0 units per US$ of GDP -4.4%
1970 0 units per US$ of GDP -15.1%
1971 0 units per US$ of GDP -11.9%
1972 0 units per US$ of GDP -14.5%
1973 0 units per US$ of GDP -23.9%
1974 0 units per US$ of GDP -15.6%
1975 0 units per US$ of GDP -10.9%
1976 0 units per US$ of GDP -13.3%
1977 0 units per US$ of GDP -19.7%
1978 0 units per US$ of GDP -11.0%
1979 0 units per US$ of GDP -10.1%
1980 0 units per US$ of GDP -7.9%
1981 0 units per US$ of GDP +9.3%
1982 0 units per US$ of GDP +3.8%
1983 0 units per US$ of GDP -7.8%
1984 0 units per US$ of GDP +15.5%
1985 0 units per US$ of GDP -6.2%
1986 0 units per US$ of GDP -32.4%
1987 0 units per US$ of GDP -21.2%
1988 0 units per US$ of GDP -7.3%
1989 0 units per US$ of GDP +12.0%
1990 0 units per US$ of GDP -8.4%
1991 0 units per US$ of GDP +6.0%
1992 0 units per US$ of GDP -1.4%
1993 0 units per US$ of GDP +18.3%
1994 0 units per US$ of GDP -0.7%
1995 0 units per US$ of GDP -16.0%
1996 0 units per US$ of GDP -2.0%
1997 0 units per US$ of GDP +15.1%
1998 0 units per US$ of GDP -13.0%
1999 0 units per US$ of GDP +0.6%
2000 0 units per US$ of GDP +9.1%
2001 0 units per US$ of GDP -5.6%
2002 0 units per US$ of GDP -6.6%
2003 0 units per US$ of GDP -12.9%
2004 0 units per US$ of GDP -10.6%
2005 0 units per US$ of GDP +0.5%
2006 0 units per US$ of GDP -11.3%
2007 0 units per US$ of GDP -12.3%
2008 0 units per US$ of GDP -4.5%
2009 0 units per US$ of GDP +10.2%
2010 0 units per US$ of GDP +0.1%
2011 0 units per US$ of GDP -5.5%
2012 0 units per US$ of GDP +4.8%
2013 0 units per US$ of GDP -8.4%
2014 0 units per US$ of GDP -6.3%
2015 0 units per US$ of GDP +14.9%
2016 0 units per US$ of GDP -7.2%
2017 0 units per US$ of GDP -4.2%
2018 0 units per US$ of GDP -5.2%
2019 0 units per US$ of GDP -1.0%
2020 0 units per US$ of GDP +1.2%
2021 0 units per US$ of GDP -9.8%
2022 0 units per US$ of GDP +4.4%
2023 0 units per US$ of GDP -6.5%
2024 0 units per US$ of GDP -0.8%

Faroe Islands compared with similar countries

  • Faroe Islands's 0 units per US$ of GDP is below the median for high income countries, which is 0 units per US$ of GDP, 29% of the median. (68 countries reporting)
  • Faroe Islands's 0 units per US$ of GDP is below the median for Europe & Central Asia, which is 0 units per US$ of GDP, 23% of the median. (50 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 0 units per US$ of GDP 0 units per US$ of GDP 0 units per US$ of GDP 5
1970s 0 units per US$ of GDP 0 units per US$ of GDP 0 units per US$ of GDP 10
1980s 0 units per US$ of GDP 0 units per US$ of GDP 0 units per US$ of GDP 10
1990s 0 units per US$ of GDP 0 units per US$ of GDP 0 units per US$ of GDP 10
2000s 0 units per US$ of GDP 0 units per US$ of GDP 0 units per US$ of GDP 10
2010s 0 units per US$ of GDP 0 units per US$ of GDP 0 units per US$ of GDP 10
2020s 0 units per US$ of GDP 0 units per US$ of GDP 0 units per US$ of GDP 5

Countries ranked near Faroe Islands

  1. 175 Iceland 0 units per US$ of GDP compare
  2. 176 Antigua and Barbuda 0 units per US$ of GDP compare
  3. 177 Switzerland 0 units per US$ of GDP compare
  4. 179 Ireland 0 units per US$ of GDP compare
  5. 180 South Korea 0 units per US$ of GDP compare
  6. 181 Trinidad and Tobago 0 units per US$ of GDP compare

See the full ranking of 188 places →

More reference data data for Faroe Islands

All data for Faroe Islands →

Frequently asked questions

What is urban area long term, per unit of gdp in Faroe Islands?
Urban area long term, per unit of gdp in Faroe Islands was 0 units per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest urban area long term, per unit of gdp recorded in Faroe Islands?
The highest recorded value was 0 units per US$ of GDP in 1965.
What is the lowest urban area long term, per unit of gdp recorded in Faroe Islands?
The lowest recorded value was 0 units per US$ of GDP in 2024.
How does Faroe Islands rank for urban area long term, per unit of gdp?
Faroe Islands ranks 178th out of 188 countries with data for 2024.
Is urban area long term, per unit of gdp rising or falling in Faroe Islands?
Over the last ten years it is down 15.3%. 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 Urban area long term, per unit of GDP. Statizoid updates them automatically from the source API.

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Urban area long term, per unit of GDP in Faroe Islands. Statizoid, drawing on Statizoid (derived). Retrieved 07 November 2026, from https://reference.statizoid.com/stat/urban-area-long-term-per-unit-of-gdp/faroe-islands/

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How this figure is calculated

Urban area long term divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Urban area long term ÷ 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
Urban area long term, per unit of GDP
Unit
units per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
188 places, 10,765 data points, 1960–2025
Last refreshed

Urban area long term divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.