Faroe Islands GDP

In 2022, Faroe Islands witnessed a decrease in its Nominal GDP, falling to 3.56 billion dollars as per the World Bank's estimates.

Relatedly, in the preceding year of 2021, Faroe Islands has Nominal GDP stood at 3.66 billion dollars.

Faroe Islands GDP (Worldbank Estimates)

The net change in Faroe Islands's GDP (Nominal) in 2022 decreased by -0.10 billion dollars(-2.81%).

Source: worldbank Nominal PPP

Faroe Islands Annual GDP Table

NominalPPP
YearBil $Net Chg% ChgInt Bil $Net Chg% Chg
1960--- ---
1961--- ---
1962--- ---
1963--- ---
1964--- ---
19650.06-- ---
19660.060.000.00 % ---
19670.070.0114.29 % ---
19680.070.000.00 % ---
19690.070.000.00 % ---
19700.080.0112.50 % ---
19710.100.0220.00 % ---
19720.120.0216.67 % ---
19730.160.0425.00 % ---
19740.200.0420.00 % ---
19750.230.0313.04 % ---
19760.270.0414.81 % ---
19770.350.0822.86 % ---
19780.400.0512.50 % ---
19790.450.0511.11 % ---
19800.490.048.16 % ---
19810.46-0.03-6.52 % ---
19820.44-0.02-4.55 % ---
19830.490.0510.20 % ---
19840.43-0.06-13.95 % ---
19850.460.036.52 % ---
19860.690.2333.33 % ---
19870.890.2022.47 % ---
19880.970.088.25 % ---
19890.87-0.10-11.49 % ---
19900.960.099.38 % ---
19910.91-0.05-5.49 % ---
19920.910.000.00 % ---
19930.76-0.15-19.74 % ---
19940.760.000.00 % ---
19950.900.1415.56 % ---
19960.990.099.09 % ---
19970.93-0.06-6.45 % ---
19981.100.1715.45 % ---
19991.130.032.65 % ---
20001.07-0.06-5.61 % ---
20011.160.097.76 % ---
20021.280.129.38 % ---
20031.500.2214.67 % ---
20041.720.2212.79 % ---
20051.760.042.27 % ---
20062.020.2612.87 % ---
20072.340.3213.68 % ---
20082.490.156.02 % 1.99--
20092.30-0.19-8.26 %1.92-0.07-3.65 %
20102.330.031.29 %1.930.010.52 %
20112.510.187.17 %2.040.115.39 %
20122.43-0.08-3.29 %2.230.198.52 %
20132.690.269.67 %2.400.177.08 %
20142.910.227.56 %2.570.176.61 %
20152.57-0.34-13.23 %2.620.051.91 %
20162.810.248.54 %2.690.072.60 %
20172.980.175.70 %2.830.144.95 %
20183.190.216.58 %3.010.185.98 %
20193.270.082.45 %3.220.216.52 %
20203.26-0.01-0.31 %3.230.010.31 %
20213.660.4010.93 %3.600.3710.28 %
20223.56-0.10-2.81 %4.060.4611.33 %
2023------