Text answer

Statistics Faroe Islands estimates that very few people, if any, live below the international poverty line. All people in Faroe Islands are entitled to social services that exceed extreme poverty.

There is no official poverty line defined for Faroe Islands. Instead risk of poverty is defined as 60 pct. (or 50 pct.) of the median equivalent household income.
This corresponds to more than 300 DKR per day, substansially above $1.25.
See how this indicator is developing in other countries

The national metadata provides further information about this table and the indicator published by Statistics Faroe Islands. Indicators are compiled according to international methodology whenever the necessary data are available for the Faroe Islands. Any deviations are documented in the notes.

Metadata update

20210211 09:00
Data reporter

Høgni P. Vilhelm
Unit of measure

text
Data collection calendar

20210426 09:00
Data release calendar

A
Data providers

Statistics Faroe Islands: www.hagstova.fo/en
Comment and limitations

Symbols

  • -Zero (not rounded)
  • 0Rounded to zero
  • •Not applicable
  • ••Not available or too uncertain
  • •••Not disclosed, confidentiality/privacy protected

This table provides information on metadata for SDG indicators as defined by the UN Statistical Commission. Complete global metadata is provided by the UN Statistics Division.

Indicator

Indicator 1.1.1: Proportion of the population living below the international poverty line by sex, age, employment status and geographic location (urban/rural)
Target

Target 1.1: By 2030, eradicate extreme poverty for all people everywhere, currently measured as people living on less than $1.25 a day
Metadata update

2026-03-27
International organisations(s) responsible for global monitoring

International Labour Organization (ILO)
Related indicators

1.3.1, 8.2.1, 8.3.1, 8.5.1, 8.5.2, 10.4.1
Link to UN metadata Metadata on this indicator (1) opens in a new window
Link to UN metadata Metadata on this indicator (2) opens in a new window
Data release calendar

Data are updated once per year (in November or December).
Back to top