Faroe Islands — GDP Growth (%)

Explore the annual trends, visual insights, and more for all countries.

Statistical Overview
Year GDP Growth (%) YoY Change YoY % Change
2023 2.49 - -
2022 3.56 -1.07 -42.87%
2021 5.50 -1.95 -54.79%
2020 -1.64 +7.14 +129.75%
2019 4.54 -6.18 +377.19%
Key Metrics

Max: 7.08 (2012)

Min: -4.55 (2009)

Key Economic Figures

Population

54,719

2024
GDP (Nominal)

$3.91B

2023
Area

12,960 km²

2022