Quality of life comparison
If you lived in Faroe Islands instead of Paraguay, you would:
Health
live 2.9 years longer
In Paraguay, the average life expectancy is 78 years (76 years for men, 81 years for women) as of 2022. In Faroe Islands, that number is 81 years (79 years for men, 84 years for women) as of 2022.
Economy
make 4.6 times more money
Paraguay has a GDP per capita of $15,700 as of 2023, while in Faroe Islands, the GDP per capita is $71,500 as of 2022.
be 61.9% less likely to be unemployed
In Paraguay, 5.8% of adults are unemployed as of 2023. In Faroe Islands, that number is 2.2% as of 2017.
be 59.5% less likely to live below the poverty line
In Paraguay, 24.7% live below the poverty line as of 2022. In Faroe Islands, however, that number is 10.0% as of 2015.
Life
be 74.2% less likely to die during infancy
In Paraguay, approximately 23.2 children (per 1,000 live births) die before they reach the age of one as of 2022. In Faroe Islands, on the other hand, 6.0 children do as of 2022.
Basic Needs
be 26.8% more likely to have internet access
In Paraguay, approximately 77.0% of the population has internet access as of 2021. In Faroe Islands, about 97.6% do as of 2021.
Expenditures
spend 2.3 times more on education
Paraguay spends 3.3% of its total GDP on education as of 2020. Faroe Islands spends 7.6% of total GDP on education as of 2019.
The statistics above were calculated using the following data sources: The World Factbook.
Faroe Islands: At a glance
How big is Faroe Islands compared to Paraguay? See an in-depth size comparison.