EconomyThe World Bank — World Development Indicators (CC BY 4.0) · updated 2024-12-31
Faroe Islands's gdp deflator stands at 2% as of 2024-12-31, down from 2.94% in 2023. Historical data runs from 2009 to 2024 (16 observations).
In 2024, Faroe Islands's gdp deflator was 2%, down from 2.94% in 2023.
In 2023, Faroe Islands's gdp deflator was 2.94%, down from 5.9% in 2022.
In 2022, Faroe Islands's gdp deflator was 5.9%, up from 3.43% in 2021.
In 2021, Faroe Islands's gdp deflator was 3.43%, up from -0.1116% in 2020.
In 2020, Faroe Islands's gdp deflator was -0.1116%, down from 3.5% in 2019.
| Year | Value | Change |
|---|---|---|
| 2024 | 2% | -0.9485% |
| 2023 | 2.94% | -2.95% |
| 2022 | 5.9% | +2.47% |
| 2021 | 3.43% | +3.54% |
| 2020 | -0.1116% | -3.61% |
| 2019 | 3.5% | +3.93% |
| 2018 | -0.4254% | -0.8013% |
| 2017 | 0.3759% | -7.49% |
| 2016 | 7.87% | +2.99% |
| 2015 | 4.88% | +2.21% |
| 2014 | 2.67% | +1.16% |
| 2013 | 1.52% | +3.92% |
| 2012 | -2.4% | -1.45% |
| 2011 | -0.952% | -7.9% |
| 2010 | 6.95% | +5.35% |
| 2009 | 1.59% | — |
The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).
Faroe Islands's gdp deflator is 2% as of 2024-12-31, compared with 2.94% in 2023. The World Bank — World Development Indicators (CC BY 4.0)
The highest recorded value is 7.87% (2016); the lowest is -2.4% (2012), across data from 2009 to 2024.
The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.