Faroe Islands

Tórshavn · Europe

Population

55K

World Bank, 2025

Area

1,393 km²

GDP

$4.1B

World Bank, 2025

GDP Per Capita

$74,119.661

World Bank, 2025

Life Expectancy

83.1 yrs

World Bank, 2025

Capital

Tórshavn

Faroe Islands is a country located in Europe, with its capital in Tórshavn. As of 2025, it has a population of 55K and covers an area of 1,393 km². The economy of Faroe Islands has a gross domestic product (GDP) of $4.1B (World Bank, 2025), translating to a per-capita income of $74,119.661 with annual economic growth of 0.8%. Life expectancy in Faroe Islands stands at 83.1 years (World Bank, 2025), among the highest in the world. The official languages include Danish, Faroese, and the currency is the Danish krone (kr). Faroe Islands is an island nation with no land borders.

How Large Is Faroe Islands's Economy?

Faroe Islands's GDP of $4.1B makes it a high-income economy by World Bank classification. GDP per capita of $74,120 is 165% above the regional average of 28,000 (World Bank, 2025). The most recent annual growth rate of 0.8% is below the global median of 3.1% (World Bank, 2025). Faroe Islands's official currency is the Danish krone (kr). As a non-UN member territory, Faroe Islands's trade operates under bilateral agreements.

GDP

$4.1B

World Bank, 2025

GDP Per Capita

$74,119.661

World Bank, 2025

GDP Growth

0.8%

Unemployment

—

Inflation

—

Currencies

DKK

What Are Faroe Islands's Demographics?

With 55K people, Faroe Islands is a nation of 55K people. At 39 people per km², the country is sparsely populated. Life expectancy stands at 83.1 years, 11.1 years above the global average of 72 years. The country recognizes 2 official languages, including Danish and Faroese.

Population

55K

World Bank, 2025

Life Expectancy

83.1 yrs

World Bank, 2025

Infant Mortality

—

Literacy Rate

—

Languages

Danish, Faroese

CO₂ Per Capita

—

Where Is Faroe Islands Located?

Faroe Islands covers 1,393 km² (1,000 sq miles) and shares no land borders. The country sits within the Europe region, Northern Europe subregion, spanning Europe. As an island nation, it is entirely surrounded by water. Tórshavn serves as the seat of government and administrative capital of Faroe Islands. The country spans 1 time zone. Recognized internationally by ISO codes FO and FRO, Faroe Islands is a dependent or non-self-governing territory and not a full UN member. Its 2 currencies (DKK, FOK) reflect its trade arrangements within its particular governance status.

Area

1,393 km²

Region

Europe

Subregion

Northern Europe

Capital

Tórshavn

Timezones

UTC+00:00

Continents

Europe

Data sourced from World Bank Open Data. Last updated: March 2026.

Frequently Asked Questions about Faroe Islands

What is the population of Faroe Islands?

Faroe Islands has a population of 55K as of 2025, according to World Bank data. Life expectancy is 83.1 years.

What is the capital of Faroe Islands?

The capital of Faroe Islands is Tórshavn. It serves as the country's administrative and political center.

What is the GDP of Faroe Islands?

Faroe Islands's GDP is $4.1B as of 2025 (World Bank). GDP per capita is $74,119.661. The economy grew at 0.8% in 2025.

What is the life expectancy in Faroe Islands?

The average life expectancy in Faroe Islands is 83.1 years (World Bank, 2025), among the highest in the world.

What region is Faroe Islands in?

Faroe Islands is located in Europe, specifically in Northern Europe. It is part of the continent of Europe.

What is the size of Faroe Islands?

Faroe Islands covers an area of 1,393 km² (538 square miles). The population density is approximately 39.4 people per km².

What currency does Faroe Islands use?

Faroe Islands uses the Danish krone (kr) with currency code DKK.

What language is spoken in Faroe Islands?

The official languages of Faroe Islands are Danish, Faroese.

Is Faroe Islands a member of the United Nations?

Faroe Islands is not currently a full member of the United Nations.

What is Faroe Islands's GDP?

Faroe Islands's GDP is $4.1B (World Bank, 2025). This places it among Europe's economies by total output.

What is Faroe Islands's GDP per capita?

Faroe Islands's GDP per capita is $74,120, which is 165% above the regional average of 28,000 (World Bank, 2025).

What is Faroe Islands's inflation rate?

Data not available.

What is the population density of Faroe Islands?

Faroe Islands has a population density of 39 people per km², making it sparsely populated.

What is the life expectancy in Faroe Islands?

Life expectancy in Faroe Islands is 83.1 years, 11.1 years above the global average of 72 years (World Bank, 2025).

What is the total area of Faroe Islands?

Faroe Islands has a total land area of 1,393 km² (1,000 sq miles). This measurement covers the country's total sovereign territory as recorded by international geographic databases.

How many countries does Faroe Islands border?

Faroe Islands does not share any land borders with other countries. It is entirely surrounded by water, making it an island or island-group nation.