EconomyThe World Bank — World Development Indicators (CC BY 4.0) · updated 2024-12-31
Faroe Islands's gdp (current us$) stands at 4.05B as of 2024-12-31, up from 3.94B in 2023. Historical data runs from 1965 to 2024 (60 observations).
In 2024, Faroe Islands's gdp (current us$) was 4.05B, up from 3.94B in 2023.
In 2023, Faroe Islands's gdp (current us$) was 3.94B, up from 3.62B in 2022.
In 2022, Faroe Islands's gdp (current us$) was 3.62B, down from 3.70B in 2021.
In 2021, Faroe Islands's gdp (current us$) was 3.70B, up from 3.27B in 2020.
In 2020, Faroe Islands's gdp (current us$) was 3.27B, up from 3.27B in 2019.
| Year | Value | Change |
|---|---|---|
| 2024 | 4.05B | +109.81M |
| 2023 | 3.94B | +327.89M |
| 2022 | 3.62B | -84.31M |
| 2021 | 3.70B | +427.74M |
| 2020 | 3.27B | +5.38M |
| 2019 | 3.27B | +77.83M |
| 2018 | 3.19B | +208.54M |
| 2017 | 2.98B | +166.78M |
| 2016 | 2.81B | +239.37M |
| 2015 | 2.57B | -340.11M |
| 2014 | 2.91B | +223.90M |
| 2013 | 2.69B | +262.91M |
| 2012 | 2.43B | -78.54M |
| 2011 | 2.51B | +173.94M |
| 2010 | 2.33B | +35.73M |
| 2009 | 2.30B | -193.81M |
| 2008 | 2.49B | +150.86M |
| 2007 | 2.34B | +321.33M |
| 2006 | 2.02B | +257.94M |
| 2005 | 1.76B | +34.97M |
| 2004 | 1.72B | +222.83M |
| 2003 | 1.50B | +226.85M |
| 2002 | 1.28B | +114.83M |
| 2001 | 1.16B | +93.16M |
| 2000 | 1.07B | -60.58M |
| 1999 | 1.13B | +22.94M |
| 1998 | 1.10B | +170.98M |
| 1997 | 933.76M | -55.77M |
| 1996 | 989.54M | +88.13M |
| 1995 | 901.40M | +142.67M |
| 1994 | 758.74M | -2.22M |
| 1993 | 760.96M | -151.71M |
| 1992 | 912.67M | +3.42M |
| 1991 | 909.25M | -51.55M |
| 1990 | 960.81M | +88.87M |
| 1989 | 871.94M | -96.64M |
| 1988 | 968.58M | +82.07M |
| 1987 | 886.51M | +197.59M |
| 1986 | 688.91M | +229.61M |
| 1985 | 459.31M | +33.30M |
| 1984 | 426.01M | -60.60M |
| 1983 | 486.61M | +42.56M |
| 1982 | 444.05M | -12.20M |
| 1981 | 456.24M | -36.77M |
| 1980 | 493.01M | +44.45M |
| 1979 | 448.57M | +50.74M |
| 1978 | 397.83M | +50.03M |
| 1977 | 347.80M | +77.33M |
| 1976 | 270.47M | +43.07M |
| 1975 | 227.40M | +30.63M |
| 1974 | 196.77M | +35.53M |
| 1973 | 161.24M | +41.90M |
| 1972 | 119.34M | +20.12M |
| 1971 | 99.22M | +14.29M |
| 1970 | 84.93M | +14.83M |
| 1969 | 70.11M | +4.92M |
| 1968 | 65.19M | -1.04M |
| 1967 | 66.23M | +1.83M |
| 1966 | 64.40M | +6.44M |
| 1965 | 57.95M | — |
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 (current us$) is 4.05B as of 2024-12-31, compared with 3.94B in 2023. The World Bank — World Development Indicators (CC BY 4.0)
The highest recorded value is 4.05B (2024); the lowest is 57.95M (1965), across data from 1965 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.