Faroe Islands flag

Faroe Islands

Capital

Tórshavn

Region

Europe

Population

54,885

Area (km²)

1,393

💡Quick Summary

The Faroe Islands, an autonomous archipelago in Europe under Danish sovereignty, boasts a small population of around 54,885 residents and covers a compact area of 1,393 km². Its capital, Tórshavn, serves as the cultural and economic hub, with the economy heavily reliant on fishing and aquaculture—though specific GDP figures are unavailable. This remote Nordic gem is famed for its dramatic cliffs, puffin colonies, and resilient community thriving in the North Atlantic.

Key Insights

High Life Expectancy Reflects Strong Health Outcomes

The Faroe Islands enjoys a very high life expectancy of 83.14 years, indicating excellent public health, healthcare services, and living conditions. This places it among the top countries globally for longevity.

Minimal Forest Cover in a European Context

With a forest area percentage of only 0.058%, the Faroe Islands stands out for its extremely low forest cover, which is atypical for many European countries. This reflects its unique geological and climatic conditions.

Significant Urban-Rural Divide in Population Distribution

Only 39.198% of the population resides in urban areas, indicating a predominantly rural or dispersed settlement pattern. This contrasts with the increasing urbanization trends seen in many parts of Europe and the world.

Low Fertility Rate Below Replacement Level

The fertility rate of 1.86 is below the replacement level of 2.1, suggesting a potential long-term demographic challenge for population growth if not offset by immigration. This is a common trend in many developed European nations.

Economic Indicators
Latest economic data from World Bank

GDP (Current US$)

$3.94B

Year: 2023

GDP Per Capita

$72,465.38

GDP Growth (%)

3.16%

Inflation (%)

N/A%

Unemployment (%)

N/A%

Debt to GDP (%)

N/A%

Source: World Bank • Last updated: 12/24/2025

Historical Trends & Data Visualizations

GDP Growth Rate
Annual percentage change in GDP over time
2014201520162017201820192020202120222023-2.00%0.00%2.00%4.00%6.00%
  • GDP Growth (%)
Population Growth
Total population over time
2014201520162017201820192020202120222023015,00030,00045,00060,000
  • Population
Life Expectancy
Average life expectancy at birth (years)
20142015201620172018201920202021202220230.0years25.0years50.0years75.0years100.0years
  • Life Expectancy (years)
Renewable Energy Consumption
Percentage of total energy from renewable sources
2014201520162017201820192020202120220.0%2.0%4.0%6.0%8.0%
  • Renewable Energy (%)
GDP Per Capita
Economic output per person (current US$)
2014201520162017201820192020202120222023$0$20,000$40,000$60,000$80,000
  • GDP Per Capita ($)

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