EconomyFaroe Islands's GDP growth rate is 0.8437% as of 2024-12-31, according to national statistics offices and central banks. Other tracked indicators include GDP (current US$) at 4.05B, GDP per capita at 74,175, GNI per capita at 73,120.
| Indicator | Last | Change | Trend | Previous | Highest | Lowest | Unit | Date |
|---|---|---|---|---|---|---|---|---|
| Labour force participation | — | — | — | — | — | — | % | — |
| Life expectancy | 83.08 | +0.1311 | 82.95 | 83.08 | 72.11 | years | 2024-12-31 | |
| Population growth | 0.4747% | +0.0308 | 0.4439% | 1.91% | -3.9% | % | 2025-12-31 | |
| Population | 54,900 | +260 | 54,640 | 54,900 | 34,127 | people | 2025-12-31 | |
| Productivity (GDP per worker) | — | — | — | — | — | — | int$ | — |
| Unemployment rate | 4.03% | +1.01 | 3.03% | 6.39% | 1.73% | % | 2013-12-31 | |
| Youth unemployment rate | — | — | — | — | — | — | % | — |
Faroe Islands's GDP growth is 0.8437% as of 2024-12-31, according to national statistics offices and central banks.
Faroe Islands has 53 macroeconomic and markets indicators on ECONOMY, sourced from national statistics offices and central banks, last updated 2025-12-31.
Last updated 2025-12-31