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Average Salary - Faroe Islands FAROE ISLANDS / SALARY

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SALARY SURVEYS

9

 UPDATED
April 2024
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AVERAGE SALARY / YEAR MOST TYPICAL SALARY / YEAR
Gross income
Net (after tax)
6.75 DKK = 1 USD

454,049 DKK

$67,228 USD

216,124 DKK

$32,000 USD
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Average Salary / Faroe Islands

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Average salary in Faroe Islands is 454,049 DKK per year. The most typical earning is 216,124 DKK. All data are based on 9 salary surveys. Salaries are different between men and women. Men receive an average salary of 495,059 DKK. Women receive a salary of 310,002 DKK.

The most paid careers are Management & Business with average income 860,443 DKK and Agriculture & Fishing with income 749,004 DKK.

Based on education, the highest salaries receive people with Bellow H. School with salary of 749,004 DKK. The second most paid education level is Bachelors Degree with salary of 495,059 DKK.

Different experiences affect earning as well. People with 12-16 Years of experience receive salary of 860,443 DKK. Employees with 0-1 Year of experience receive 579,482 DKK.

Levels / Faroe Islands (Gross DKK)

Salary Levels (DKK) per Year Surveys [%]
20,300 DKK - 33,799 DKK
0 n/a
33,800 DKK - 67,499 DKK
0 n/a
67,500 DKK - 101,299 DKK
0 n/a
101,300 DKK - 135,099 DKK
0 n/a
135,100 DKK - 168,799 DKK
1 100%
11.11%
168,800 DKK - 202,599 DKK
0 n/a
THE MOST TYPICAL SALARY
202,600 DKK - 236,399 DKK
2 88.89%
22.22%
236,400 DKK - 270,099 DKK
0 n/a
270,200 DKK - 303,899 DKK
0 n/a
303,900 DKK - 337,699 DKK
0 n/a
337,700 DKK - 371,499 DKK
0 n/a
371,500 DKK - 405,199 DKK
0 n/a
405,200 DKK - 438,999 DKK
1 66.67%
11.11%
439,000 DKK - 472,799 DKK
1 55.56%
11.11%
472,800 DKK - 506,499 DKK
0 n/a
506,500 DKK - 540,299 DKK
2 44.44%
22.22%
540,300 DKK - 574,099 DKK
0 n/a
574,100 DKK - 607,799 DKK
0 n/a
607,800 DKK - 641,599 DKK
0 n/a
641,600 DKK - 675,399 DKK
0 n/a
675,400 DKK - 709,199 DKK
0 n/a
709,200 DKK - 742,899 DKK
0 n/a
742,900 DKK - 776,699 DKK
1 22.22%
11.11%
776,700 DKK - 810,499 DKK
0 n/a
810,500 DKK - 844,199 DKK
0 n/a
844,200 DKK - 877,999 DKK
1 11.11%
11.11%
878,000 DKK - 911,799 DKK
0 n/a
911,800 DKK - 945,499 DKK
0 n/a
945,500 DKK - 979,299 DKK
0 n/a
979,300 DKK - 1,013,099 DKK
0 n/a
HIGH SALARIES
1,013,100 DKK - 1,080,599 DKK
0 n/a
1,080,600 DKK - 1,148,199 DKK
0 n/a
1,148,200 DKK - 1,215,699 DKK
0 n/a
1,215,700 DKK - 1,283,199 DKK
0 n/a
1,283,200 DKK - 1,350,799 DKK
0 n/a
1,350,800 DKK - 1,418,299 DKK
0 n/a
1,418,300 DKK - 1,485,799 DKK
0 n/a
1,485,900 DKK - 1,553,399 DKK
0 n/a
1,553,400 DKK - 1,620,899 DKK
0 n/a
1,620,900 DKK - 1,688,499 DKK
0 n/a
1,688,500 DKK - 2,363,899 DKK
0 n/a
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Gender / Faroe Islands (Gross DKK)

# Surveys AVERAGE SALARY / YEAR
1 Men 7 495,059 DKK
2 Women 2 310,002 DKK

Education / Faroe Islands (Gross DKK)

# Surveys AVERAGE SALARY / YEAR
1 Bellow H. School 1 749,004 DKK
2 Bachelors Degree 3 495,059 DKK
3 Some College 3 431,572 DKK
4 Masters Degree 2 278,259 DKK

Experience / Faroe Islands (Gross DKK)

# Surveys AVERAGE SALARY / YEAR
1 12-16 Years 1 860,443 DKK
2 0-1 Year 2 579,482 DKK
3 16-20 Years 1 526,802 DKK
4 8-12 Years 2 479,525 DKK
5 1-2 Years 1 224,228 DKK
6 4-8 Years 1 210,720 DKK
7 20+ Years 1 147,234 DKK

Age / Faroe Islands (Gross DKK)

# Surveys AVERAGE SALARY / YEAR
1 41-45 2 535,582 DKK
2 31-35 1 511,943 DKK
3 21-25 3 460,614 DKK
4 26-30 1 446,431 DKK
5 46-50 2 337,018 DKK

Work Type / Faroe Islands (Gross DKK)

# Surveys AVERAGE SALARY / YEAR
1 Permanent 7 493,032 DKK
2 Contract 1 409,284 DKK
3 Self Employed 1 224,228 DKK

Cities / Faroe Islands (Gross DKK)

# Surveys AVERAGE SALARY / YEAR
1 --Other-- 1 526,802 DKK
2 Tórshavn 8 445,080 DKK

Career Groups / Faroe Islands (Gross DKK)

# Surveys AVERAGE SALARY / YEAR
1 Management & Business 1 860,443 DKK
2 Agriculture & Fishing 1 749,004 DKK
3 Architect Constructions 1 526,802 DKK
4 Public Sector 1 511,943 DKK
5 Education & University 1 446,431 DKK
6 Human Resources 1 409,284 DKK
7 IT & Programming 1 224,228 DKK
8 Health Care & Medical 1 210,720 DKK
9 Accounting & Administration 1 147,234 DKK

Careers / Faroe Islands (Gross DKK)

# Surveys AVERAGE SALARY / YEAR
1 Director 1 860,443 DKK
2 Fisherman 1 749,004 DKK
3 Other Architect Career 1 526,802 DKK
4 Public Administration 1 511,943 DKK
5 Teacher 1 446,431 DKK
6 Human Resource 1 409,284 DKK
7 Web Developer 1 224,228 DKK
8 Medical Assistant 1 210,720 DKK
9 Cost Accountant 1 147,234 DKK

People's individual salary examples (surveys)

Deckhand/cook
Posted 01 September 2022
City Education Experience Knowledge Gross salary / year
Tórshavn Bellow H. School 0-1 Year Intermediate 749,100 DKK

Teacher
Posted 08 October 2020
City Education Experience Knowledge Gross salary / year
Tórshavn Bachelors Degree 8-12 Years n/a 446,600 DKK

Advisor
Posted 15 August 2020
City Education Experience Knowledge Gross salary / year
Tórshavn Bachelors Degree 8-12 Years n/a 512,100 DKK

ECONOMY / Faroe Islands

The key sector in Faroe Islands is fishing. Since year 2000 Faroe Islands has increased IT Jobs and attract new investments.

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