Faroe Islands GDP Growth
GDP Growth Rate
Year -
0.844%
Faroe Islands Annual GDP Growth Table
Source: WorldbankGrowth | Growth Capita
In 2024, Faroe Islands experienced a significant a decrease in its GDP growth rate, which fall to 0.844% from 3.159% in 2023. Additionally, the GDP per capita growth rate in Faroe Islands decrease to 0.351% in 2024, compared to 2.207% in 2023.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | - | - | - | - |
| 1962 | - | - | - | - |
| 1963 | - | - | - | - |
| 1964 | - | - | - | - |
| 1965 | - | - | - | - |
| 1966 | - | - | - | - |
| 1967 | - | - | - | - |
| 1968 | - | - | - | - |
| 1969 | - | - | - | - |
| 1970 | - | - | - | - |
| 1971 | - | - | - | - |
| 1972 | - | - | - | - |
| 1973 | - | - | - | - |
| 1974 | - | - | - | - |
| 1975 | - | - | - | - |
| 1976 | - | - | - | - |
| 1977 | - | - | - | - |
| 1978 | - | - | - | - |
| 1979 | - | - | - | - |
| 1980 | - | - | - | - |
| 1981 | - | - | - | - |
| 1982 | - | - | - | - |
| 1983 | - | - | - | - |
| 1984 | - | - | - | - |
| 1985 | - | - | - | - |
| 1986 | - | - | - | - |
| 1987 | - | - | - | - |
| 1988 | - | - | - | - |
| 1989 | - | - | - | - |
| 1990 | - | - | - | - |
| 1991 | - | - | - | - |
| 1992 | - | - | - | - |
| 1993 | - | - | - | - |
| 1994 | - | - | - | - |
| 1995 | - | - | - | - |
| 1996 | - | - | - | - |
| 1997 | - | - | - | - |
| 1998 | - | - | - | - |
| 1999 | - | - | - | - |
| 2000 | - | - | - | - |
| 2001 | - | - | - | - |
| 2002 | - | - | - | - |
| 2003 | - | - | - | - |
| 2004 | - | - | - | - |
| 2005 | - | - | - | - |
| 2006 | - | - | - | - |
| 2007 | - | - | - | - |
| 2008 | - | - | - | - |
| 2009 | -4.553 | - | -5.031 | - |
| 2010 | -0.38% | 4.17% | -0.105% | 4.93% |
| 2011 | 3.566% | 3.95% | 3.81% | 3.92% |
| 2012 | 7.081% | 3.52% | 7.64% | 3.83% |
| 2013 | 5.856% | -1.23% | 5.955% | -1.69% |
| 2014 | 5.432% | -0.42% | 5.036% | -0.92% |
| 2015 | 0.958% | -4.47% | -0.014% | -5.05% |
| 2016 | 1.386% | 0.43% | 0.228% | 0.24% |
| 2017 | 3.512% | 2.13% | 2.035% | 1.81% |
| 2018 | 2.764% | -0.75% | 1.119% | -0.92% |
| 2019 | 4.539% | 1.78% | 2.932% | 1.81% |
| 2020 | -1.637% | -6.18% | -3.084% | -6.02% |
| 2021 | 5.066% | 6.70% | 3.625% | 6.71% |
| 2022 | 3.861% | -1.21% | 2.674% | -0.95% |
| 2023 | 3.159% | -0.70% | 2.207% | -0.47% |
| 2024 | 0.844% | -2.32% | 0.351% | -1.86% |