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 |
|---|---|---|---|---|---|---|---|---|
| Broad money (% of GDP) | — | — | — | — | — | — | % of GDP | — |
| Consumer spending | 1.65B | +45.09M | 1.60B | 1.65B | 548.82M | USD | 2024-12-31 | |
| Credit to private sector | — | — | — | — | — | — | % of GDP | — |
| Gross capital formation | 28.17% | -3.21 | 31.38% | 32.32% | 16.26% | % of GDP | 2024-12-31 | |
| Gross fixed capital formation | — | — | — | — | — | — | USD | — |
| Gross savings | 28.78% | +5.43 | 23.34% | 41.93% | 11.96% | % of GDP | 2011-12-31 | |
| Lending interest rate | — | — | — | — | — | — | % | — |
| Money supply growth | — | — | — | — | — | — | % | — |
| Real interest 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