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Faroe Islands GDP

Faroe Islands's GDP is $4.1B in 2024 — ranked #164 in the world, accounting for 0.00% of global GDP.

ISO: FROWorld rank: #164Member of: Europe & Central Asia, High incomeSource: World Bank
$4.1B
GDP (2024)
$74,120
GDP per capita
0.00%
of world GDP

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Faroe Islands GDP history (2015–2024), per capita, growth and world share. Excel and CSV.

Key figures

IndicatorValueYear
GDP (current US$)$4.1B2024
GDP per capita$74,1202024
GDP growth+0.8%2024
Population55K2024
World GDP rank#1642024
Share of world GDP0.00%2024

GDP history

Year-by-year GDP data for Faroe Islands.

$2.6B 2015 $2.8B 2016 $3.0B 2017 $3.2B 2018 $3.3B 2019 $3.3B 2020 $3.7B 2021 $3.6B 2022 $3.9B 2023 $4.1B 2024
YearGDPPer capitaGrowthRank% World
2024$4.1B$74,120+0.8%#1640.00%
2023$3.9B$72,465+3.2%#1660.00%
2022$3.6B$67,058+3.9%#1720.00%
2021$3.7B$69,415+5.1%#1690.00%
2020$3.3B$62,243-1.6%#1700.00%
2019$3.3B$63,068+4.5%#1730.00%
2018$3.2B$62,526+2.8%#1750.00%
2017$3.0B$59,387+3.5%#1760.00%
2016$2.8B$56,875+1.4%#1760.00%
2015$2.6B$52,637+1.0%#1780.00%

FAQ

What is the GDP of Faroe Islands?

Faroe Islands's GDP is $4.1B in 2024, ranking #164 in the world and making up 0.00% of global GDP.

What is Faroe Islands's GDP per capita?

GDP per capita is $74,120.

What share of world GDP is Faroe Islands?

Faroe Islands accounts for 0.00% of world GDP in 2024.

About. Figures from the World Bank's World Development Indicators. Full historical series (2015–2024) available in the download above.

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