Faroe Islands—GDP per Capita, PPP (Intl $)
Category: EconomySource: IMF World Economic Outlook
Top Countries — GDP per Capita, PPP (Intl $)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Liechtenstein | $206K | 2026 |
| 2 | Singapore | $162K | 2026 |
| 3 | Luxembourg | $155K | 2026 |
| 4 | Ireland | $151K | 2026 |
| 5 | Macao SAR, China | $137K | 2026 |
| 6 | Qatar | $131K | 2026 |
| 7 | Guyana | $118K | 2026 |
| 8 | Norway | $110K | 2026 |
| 9 | Switzerland | $100K | 2026 |
| 10 | Brunei Darussalam | $97K | 2026 |
About This Indicator
Definition
GDP per capita based on purchasing power parity (PPP) in international dollars. PPP adjusts for price differences between countries, making it more suitable for comparing living standards across nations than nominal GDP per capita.
Methodology
PPP conversion factors are derived from the International Comparison Program (ICP), a worldwide statistical partnership coordinated by the World Bank. These factors equalize the purchasing power of different currencies by accounting for price differences of comparable goods and services. The IMF uses ICP benchmark data and extrapolates between benchmark years using relative GDP deflators.
Unit
International Dollars