Faroe Islands GDP
Animated chart · GDP (current US$) · 1965–2024
$4.1B2024 (latest)
+6,893%since 1965
$4.1Bpeak (2024)
60years of data
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Faroe Islands GDP rose from $58.0M in 1965 to $4.1B in 2024 — 6,893% higher over 59 years, a compound 7.5% a year. It sits at its highest level on record in 2024. The sharpest single-year move was +50% in 1986, against a 17% fall in 1993. Over the past decade it rose 39%.
The data
| Year | GDP |
|---|---|
| 2024 | $4.1B |
| 2023 | $3.9B |
| 2022 | $3.6B |
| 2021 | $3.7B |
| 2020 | $3.3B |
| 2019 | $3.3B |
| 2018 | $3.2B |
| 2017 | $3.0B |
| 2016 | $2.8B |
| 2015 | $2.6B |
| 2014 | $2.9B |
| 2013 | $2.7B |
| 2012 | $2.4B |
| 2011 | $2.5B |
| 2010 | $2.3B |
| 2009 | $2.3B |
| 2008 | $2.5B |
| 2007 | $2.3B |
| 2006 | $2.0B |
| 2005 | $1.8B |
| 2004 | $1.7B |
| 2003 | $1.5B |
| 2002 | $1.3B |
| 2001 | $1.2B |
| 2000 | $1.1B |
| 1999 | $1.1B |
| 1998 | $1.1B |
| 1997 | $933.8M |
| 1996 | $989.5M |
| 1995 | $901.4M |
| 1994 | $758.7M |
| 1993 | $761.0M |
| 1992 | $912.7M |
| 1991 | $909.3M |
| 1990 | $960.8M |
| 1989 | $871.9M |
| 1988 | $968.6M |
| 1987 | $886.5M |
| 1986 | $688.9M |
| 1985 | $459.3M |
| 1984 | $426.0M |
| 1983 | $486.6M |
| 1982 | $444.0M |
| 1981 | $456.2M |
| 1980 | $493.0M |
| 1979 | $448.6M |
| 1978 | $397.8M |
| 1977 | $347.8M |
| 1976 | $270.5M |
| 1975 | $227.4M |
| 1974 | $196.8M |
| 1973 | $161.2M |
| 1972 | $119.3M |
| 1971 | $99.2M |
| 1970 | $84.9M |
| 1969 | $70.1M |
| 1968 | $65.2M |
| 1967 | $66.2M |
| 1966 | $64.4M |
| 1965 | $58.0M |
Data: World Bank (World Development Indicators), indicator NY.GDP.MKTP.CD. Licensed CC BY 4.0.
Frequently asked questions
What is Faroe Islands' GDP in 2024?
Faroe Islands' GDP was $4.1B in 2024, from the World Bank's GDP (current US$) series.
How much has Faroe Islands' GDP grown since 1965?
It rose from $58.0M in 1965 to $4.1B in 2024 — 6,893% higher, about 7.5% a year.
When was Faroe Islands' GDP at its highest?
It is at its highest on record in 2024, at $4.1B.
Where does this GDP chart get its data?
The World Bank's World Development Indicators (series NY.GDP.MKTP.CD), licensed CC BY 4.0. Kitegraph charts it and lets you export an animated video.