EconomyThe World Bank — World Development Indicators (CC BY 4.0) · updated 2024-12-31
Faroe Islands's gross capital formation stands at 28.17% as of 2024-12-31, down from 31.38% in 2023. Historical data runs from 1998 to 2024 (27 observations).
In 2024, Faroe Islands's gross capital formation was 28.17%, down from 31.38% in 2023.
In 2023, Faroe Islands's gross capital formation was 31.38%, down from 32.32% in 2022.
In 2022, Faroe Islands's gross capital formation was 32.32%, up from 28.87% in 2021.
In 2021, Faroe Islands's gross capital formation was 28.87%, up from 28.26% in 2020.
In 2020, Faroe Islands's gross capital formation was 28.26%, up from 27.61% in 2019.
| Year | Value | Change |
|---|---|---|
| 2024 | 28.17% | -3.21% |
| 2023 | 31.38% | -0.9446% |
| 2022 | 32.32% | +3.46% |
| 2021 | 28.87% | +0.6082% |
| 2020 | 28.26% | +0.6447% |
| 2019 | 27.61% | -2.1% |
| 2018 | 29.71% | +6.25% |
| 2017 | 23.46% | +1.3% |
| 2016 | 22.16% | -1.8% |
| 2015 | 23.97% | +2.21% |
| 2014 | 21.76% | +0.1623% |
| 2013 | 21.6% | -4.66% |
| 2012 | 26.26% | +10% |
| 2011 | 16.26% | -3.26% |
| 2010 | 19.52% | +1.98% |
| 2009 | 17.54% | -8.63% |
| 2008 | 26.17% | -5.98% |
| 2007 | 32.15% | +3.47% |
| 2006 | 28.67% | +6.66% |
| 2005 | 22.02% | +1.78% |
| 2004 | 20.23% | -11.17% |
| 2003 | 31.41% | +8.11% |
| 2002 | 23.29% | -2.83% |
| 2001 | 26.12% | -4.7% |
| 2000 | 30.82% | +7.16% |
| 1999 | 23.66% | +1.54% |
| 1998 | 22.12% | — |
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 gross capital formation is 28.17% as of 2024-12-31, compared with 31.38% in 2023. The World Bank — World Development Indicators (CC BY 4.0)
The highest recorded value is 32.32% (2022); the lowest is 16.26% (2011), across data from 1998 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.