CapitalTórshavn

Language(s)Learn

Danish, Faroese

CurrencyConvert

Faroese Króna (DKK) and Danish Krone (DKK)

Land Area1,393 km² (537.8 mi²)

Population54,900 (2025)

Average Monthly Net Salary (USD)$3235

Average Mortgage Rate6.25%

GDP (USD)4,052,937,170 (2024)

National Debt (USD)884,000,000 (2023)

Unemployment RateNo data

Armed Forces (active & reserve)0

Military Expenditure (% GDP)No data

Fertility Rate1.91 (2024)

Life Expectancy at birth83.1 years (2024)

Population Growth0.47% (2025)

Net Migration386 (2025)