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Faroe Islands flag

Europe & Central Asia

Faroe Islands GDP

Gross Domestic Product in current US dollars.

Latest Value

$4.05B

As of 2024

YoY Change

+2.8%

2023 → 2024

Record High

$4.05B

Recorded in 2024

Record Low

$57.95M

Recorded in 1965

10-Year Average

$3.34B

2015–2024

Data Range

1965–2024

60 data points

Source

World Bank

Code: NY.GDP.MKTP.CD

Historical Trend

19652024

Historical Data

ValueYoY ChangeChange %
2024$4.05B$109.81M+2.8%
2023$3.94B$327.89M+9.1%
2022$3.62B$84.31M-2.3%
2021$3.70B$427.74M+13.1%
2020$3.27B$5.38M+0.2%
2019$3.27B$77.83M+2.4%
2018$3.19B$208.54M+7.0%
2017$2.98B$166.78M+5.9%
2016$2.81B$239.37M+9.3%
2015$2.57B$340.11M-11.7%

Source: World Bank Open Data · 1965–2024