Faroe Islands
ISO3: FRO • Europe & Central Asia • High income
Faroe Islands is a high income economy in Europe & Central Asia. It has a population of about 54,681 and a GDP of $4.05 billion.
Explore 160 World Bank indicators for Faroe Islands below.
Faroe Islands at a Glance
- Capital
- Tórshavn
- Population
- 54,681
- Area
- 1,393 km²
- 39.3 /km²
- Currency
- DKK Danish krone
- Languages
- Danish, Faroese
- ISO codes
- FRO · FO
Key Development Indicators
Economy
GDP (current US$)
4.05B
2024
Economy
GDP per capita (current US$)
74,119.66
2024
Health & Population
Population, total
54,681.00
2024
Health & Population
Life expectancy at birth, total (years)
83.08
2024
Technology
Individuals using the Internet (% of population)
97.58
2017
Energy
Access to electricity (% of population)
100.00
2023
Economy
Trade (% of GDP)
105.75
2024
Health & Population
Urban population (% of total population)
39.41
2024
Health & Population
Fertility rate, total (births per woman)
1.91
2024
Health & Population
Population ages 65 and above (% of total population)
17.74
2024
Health & Population
Population ages 0-14 (% of total population)
19.97
2024
Health & Population
Net migration
386.00
2025
Other Countries in Europe & Central Asia
The World Bank's Europe & Central Asia region covers countries at various stages of economic development. Compare Faroe Islands with its regional peers using the comparison tool.
Frequently asked questions about Faroe Islands
- What is the population of Faroe Islands?
- Faroe Islands has a population of approximately 54,681, according to the most recent World Bank data.
- What is the capital of Faroe Islands?
- The capital of Faroe Islands is Tórshavn.
- What region is Faroe Islands in?
- The World Bank places Faroe Islands in the Europe & Central Asia region.
- What income group is Faroe Islands in?
- The World Bank classifies Faroe Islands as a High income economy.
- What currency does Faroe Islands use?
- Faroe Islands uses the Danish krone (DKK).
Data sourced from the World Bank Open Data portal. Values represent the most recent available year. NULL or missing values indicate data is suppressed, not collected, or not applicable for this country.