Faroe Islands Economic Data

Faroe Islands - Economic Indicators 422

422 indicators tracked for Faroe Islands · 40 with data

GDP

4.05B (2024)

##168 globally

GDP Growth (Real)

0.84 (2024)

##170 globally

GDP per Capita (Real)

59,302 (2024)

##14 globally

AI Digital Infrastructure Readinessdata
AI Human Capital and Labour Market Readinessdata
AI Innovation and Economic Integrationdata
AI Preparedness Indexdata
AI Regulation and Ethics Readinessdata
Absence of Corruptiondata
Access to Banking Services and Mobile Payment Adoptionpending
Account Ownership (% age 15+)data
Adults without IDdata
Agriculture Energy and Metals Price Indexespending
Air Quality Index and Water Quality Indicatorspending
Artificial Intelligence Policy and Regulation Readinesspending
Artificial Intelligence and Automation Impactpending
Artificial Intelligence and Quantum Computing Development Indexpending
Automated Teller Machines (per 100,000 adults)data
Automation Penetration Rate and AI Adoption Indexpending
Average Hourly Earningspending
Average Sold Percentage of Household Agricultural Productiondata
B2B Postal Delivery Time (days)data
B2C Postal Delivery Time (days)data
Bank Capital Adequacy Ratiodata
Bank Return on Assetsdata
Bank Return on Equitydata
Basic School Entrepreneurship Educationdata
Beneficiary Share of Populationdata
Biodiversity Loss and Conservation Effortspending
Biodiversity and Natural Resource Indexpending
Biotechnology and Genomics Innovation Indexpending
Birth Registration Rate (under 5)data
Blockchain and DeFi Indexpending
Borrowed Any Money (% age 15+)data
Business Investment Levelspending
CPIA Economic Management Clusterdata
CPIA Overall Rating (IRAI)data
CPIA Public Sector Clusterdata
CPIA Social Inclusion Clusterdata
CPIA Structural Policies Clusterdata
Carbon Emissions and Energy Consumptiondata
Catastrophic Health Spending Over 10% (%)data
Children Under 5 Not Stunted (%)data
Circular Economy Indicatorspending
Civil Justicedata
Civil Societydata
Climate Risk Indicatorspending
Climate Risk and Disaster Preparedness Indexpending
Climate Vulnerability Index or Weather-Related Disaster Costspending
Commercial Bank Branches (per 100,000 adults)data
Commercial and Professional Infrastructuredata
Commodity Price Indexespending
Constraints on Government Powersdata
Consumer Confidence Indexpending
Consumer Credit Conditionspending
Consumer Debt-to-Income Ratiopending
Consumer Price Sensitivity Indexpending
Consumer Spending Breakdownpending
Consumer price indexdata
Control of Corruption (percentile rank)data
Corporate GSSS Issuancedata
Corporate Income Tax Revenue (% of GDP)data
Corruptiondata
Corruption Perception Index and Ease of Doing Business Rankpending
Corruption and Governance Qualitydata
Cost of a healthy diet PPP dollar per person per day Domestic currency per person per daypending
Cost of a healthy diet PPP dollar per person per day PPP dollars per person per daypending
Cost of animal source foods Domestic currency per person per daypending
Cost of animal source foods PPP dollars per person per daypending
Cost of fruits Domestic currency per person per daypending
Cost of fruits PPP dollars per person per daypending
Cost of legumes nuts and seeds Domestic currency per person per daypending
Cost of legumes nuts and seeds PPP dollars per person per daypending
Cost of oils and fats Domestic currency per person per daypending
Cost of oils and fats PPP dollars per person per daypending
Cost of starchy staples Domestic currency per person per daypending
Cost of starchy staples PPP dollars per person per daypending
Cost of vegetables Domestic currency per person per daypending
Cost of vegetables PPP dollars per person per daypending
Credit Score Trends and Non-Performing Loan Ratiosdata
Criminal Justicedata
Crypto Asset Regulation and Adoption Indexpending
Cultural and Social Normsdata
Currency Exchange Ratesdata
Current Account Balancedata
Customs Processing Times and Logistics Performance Indexdata
Cyber Risk Exposure and Digital Safety Indexpending
Cybersecurity Readiness Indexpending
Debt Service Ratio for Households and Corporationspending
Democracy Scoredata
Demographic Indicatorspending
Dietary Energy Supply Adequacy (2000-2002=100)data
Digital Currency Adoption and CBDC Indexpending
Digital Economy Metricspending
Digital Nomad Adoption and Remote Work Legislationpending
Digital STRI Electronic Transactionsdata
Digital STRI Infrastructure and Connectivitydata
Digital STRI Intellectual Property Rightsdata
Digital STRI Other Barriersdata
Digital STRI Overall Indexdata
Digital STRI Payment Systemsdata
E-Gov Development Index UN EGDI - Human Capital Indexpending
E-Gov Development Index UN EGDI - Online Services Indexpending
E-Gov Development Index UN EGDI - Telecommunications Infrastructure Indexpending
E-Government Development Index EGDIpending
EIU Democracy Indexdata
Ecological Footprint and Biocapacity Indicatorspending
Ecological Footprint per Capita and Biocapacity Reservepending
Economic Complexity Indexpending
Economic Resilience Indexpending
Economic Resilience Indicatorspending
Ecosystem Services Valuationpending
Education and Skills Mismatch Indicatorspending
Educational Attainment Levelsdata
Elderly Care and Dependency Ratiosdata
Electoral Processdata
Emotional and Social Intelligence Development in Educationpending
Employment Quality Metricspending
Energy Consumption and Production Mixdata
Energy Mix and Energy Efficiency Ratiosdata
Entrepreneurial Intentionsdata
Environmental Health Indicatorspending
Environmental Migration Trendspending
Environmental and Sustainability Indicatorsdata
Established Business Ownershipdata
Estimated Size of the Informal Economypending
Expected Years of Schooldata
Export Market Concentration Index (HHI)data
Export Market Penetration Indexdata
Exports - Trade Value (US$ Thousand)data
Exports and Importsdata
FDIdata
Fear of Failure Ratedata
Female Employment Rate and Gender Pay Equitydata
Female Labor Force Participation and Gender Wage Gapdata
Female Male TEA Ratiodata
Financial Inclusion Metricspending
Financial Institution Account (% age 15+)data
Financial Institution GSSS Issuancedata
Financial Market Sentiment Indicatorspending
Financing for Entrepreneursdata
Fiscal Balancedata
Fiscal Balance (% of GDP)data
Fiscal Policy Indicatorsdata
Fixed Broadband Download Speed (Mbps)data
Focus on Soft Skills in Curriculumspending
Fundamental Rightsdata
Future-oriented Metricspending
GDPdata
GDP Growth (Real)data
GDP per Capita (Real)data
GSSS Bond Issuance Totaldata
GTMI Core Government Systemsdata
GTMI Digital Citizen Engagementdata
GTMI Government Technologydata
GTMI Public Service Deliverydata
General Government Gross Debt (% of GDP)data
Generational Wealth Transfer Indicatorspending
Gig Economy Employment and Part-Time vs Full-Time Employmentpending
Gini Coefficient or Income Quintile Ratiosdata
Global Influence and Soft Power Indexpending
Global Talent Competitiveness Indexpending
Global Workforce Migration and Remote Work Flexibility Indexpending
Globalization and Economic Opennesspending
GovTech Maturity Index Overalldata
Government Agency GSSS Issuancedata
Government Debtdata
Government Debt-to-GDP Ratiodata
Government Debt (MPO)data
Government Defence Expenditure (% of GDP)data
Government Economic Affairs Expenditure (% of GDP)data
Government Education Expenditure (% of GDP)data
Government Effectiveness (percentile rank)data
Government Expenditure (% of GDP)data
Government Expenditure by Sectorpending
Government Financial Assets (% of GDP)data
Government Fiscal Balance (% of GDP)data
Government Health Expenditure (% of GDP)data
Government Interest Expenditure (% of GDP)data
Government Net Lending and Borrowing (% of GDP)data
Government Net Wealth Change from Other Economic Flows (% of GDP)data
Government Revenue (% of GDP)data
Government Social Protection Expenditure (% of GDP)data
Government Support and Policiesdata
Government Total Liabilities (% of GDP)data
Governmental Programsdata
Green Bond Issuancepending
Green Economy Index and Sustainable Development Goals Progresspending
Greenhouse Gas Intensity of Productionpending
Gross Operating Balance (% of GDP)data
Gross debt General government Percent of fiscal year GDPpending
Happiness Index and Burnout Ratespending
Health Indicatorspending
Health Innovation and Pharmaceutical Accesspending
Health Pillar Score (HCI+)data
Health of Pension and Social Security Fundspending
High Job Creation Expectationdata
Home Price Indexpending
House Price to Income Ratiodata
Household Consumption Elasticitypending
Household Debt-to-GDP Ratiodata
Household Deposit Accounts (per 100,000 adults)data
Household Net Worth and Distribution of Wealthpending
Housing Expenditure Sharedata
Housing Market Indicatorspending
Housing Starts and Building Permitspending
Human Capital Index (HCI+)data
ID Misuse Experiencedata
INFORM Hazard and Exposuredata
INFORM Lack of Coping Capacitydata
INFORM Risk Index Overalldata
INFORM Vulnerabilitydata
Imports - Trade Value (US$ Thousand)data
Income Elasticity of Demand for Key Sectorspending
Income Inequality Measurespending
Independent Mediadata
Individual Income Tax Revenue (% of GDP)data
Industrial Production Indexpending
Inflation Rate (annual %)data
Informal Economy Sizepending
Infrastructure Quality and Investmentdata
Innovation Ecosystem Maturitypending
Innovation and Education Metricspending
Interest rates for loans over five yearspending
Intergenerational Wealth Transfer Estimates and Inheritance Patternspending
Internal Market Dynamicsdata
Internal Market Opennessdata
Internet Penetration and E-commerce Salesdata
Internet of Things Adoption Automation Levels and 5G Coveragepending
Internet of Things Adoption, Automation Levels, and 5G Coveragepending
Investment in Green Technologies and Carbon Offsettingpending
Investment in Space Technology and Infrastructurepending
Judicial Framework and Independencedata
Knowledge Economy Indexpending
Labor Force Participation Ratedata
Labor Market Flexibility and Employment Typespending
Labor Productivity or Total Factor Productivitydata
Land Assets (% of GDP)data
Learning-Adjusted Years of Schooldata
Life Expectancy and Healthcare Spending per Capitadata
Loan Interest Ratedata
Local Democratic Governancedata
Logistics Efficiency and Trade Facilitation Indexdata
Logistics and Infrastructure Datadata
MFN Simple Average Tariff (%)data
Made or Received a Digital Payment (% age 15+)data
Management of Uncollected Wastedata
Market participation - Percentage of Agricultural Households Selling Any Productiondata
Median Agricultural Household Cultivated Areadata
Median Agricultural Household Production Valuedata
Mental Health and Wellbeing Indexpending
Mental and Emotional Health Trendspending
Migrant Stock Abroaddata
Migration and Remittance Flowspending
Mineral and Energy Reserves (% of GDP)data
Mobile Download Speed (Mbps)data
Mobile Money Account (% age 15+)data
Mobile and Internet Banking Transactions (per 100,000 adults)data
Monetary Poverty (% of population deprived)data
Multidimensional Poverty Headcount (% of population)data
Multilateral GSSS Issuancedata
Municipal Solid Waste MSW Collection Coverage Percentage of Municipal Solid Waste MSWpending
Municipal Solid Waste MSW Collection Coverage Percentage of householdspending
Municipal Solid Waste MSW Collection Coverage Percentage of populationpending
Municipal Solid Waste MSW Collection Coverage Tonnes per yearpending
Municipal Solid Waste MSW Composition Percentage of Municipal Solid Waste MSWpending
Municipal Solid Waste MSW Composition Percentage of Municipal Solid Waste MSW - Plasticpending
Municipal Solid Waste MSW Generation Kilograms per person per daypending
Municipal Solid Waste MSW Generation Tonnes per yearpending
Municipal Solid Waste MSW Treatment and Disposalpending
NRI Governance Pillardata
NRI Impact Pillardata
NRI People Pillardata
NRI Technology Pillardata
National Democratic Governancedata
Net Financial Worth (% of GDP)data
Net Migration Rate and Remittance Inflowsdata
Net Operating Balance (% of GDP)data
Network Readiness Index Overalldata
No-ID Difficulty Sharedata
Non-Municipal Solid Waste MSW Generationpending
Non-financial Corporate Debt-to-GDP Ratiodata
Nonfinancial Assets (% of GDP)data
Number of AI publicationsdata
Number of Export Partnersdata
Number of Import Partnersdata
Number of New Business Registrations and Bankruptciesdata
Number of people unable to afford a healthy diet millionpending
Ocean Health Global Index Scoresdata
Ocean Health Indexpending
Open Governmentdata
Order and Securitydata
Pandemic Preparedness and Biosecurity Indexpending
Perceived Capabilitiesdata
Perceived Opportunitiesdata
Percentage of Agricultural Households using Improved Seedsdata
Percentage of Agricultural Households using Inorganic Fertilizerdata
Percentage of Agricultural Households using Irrigationdata
Percentage of Renewable Energy Consumption and Green Investmentpending
Percentage of the population unable to afford a healthy diet percentpending
Pharmaceutical R-D Investment and Medicine Access Levelspending
Physical and Services Infrastructuredata
Policy Uncertainty Indexpending
Political Stability and Absence of Violence (percentile rank)data
Political Stability and Conflict Riskdata
Population Facing Financial Hardship (%)data
Population Growth Rate Median Age and Dependency Ratiosdata
Population Using E-IDdata
Population with Access to Safe Drinking Water (%)data
Population with E-IDdata
Population with ID at Birthdata
Population with National IDdata
Port Turnaround Time (days)data
Post School Entrepreneurship Educationdata
Poverty Low Educational Attainment (% of population)data
Poverty No Drinking Water (% of population)data
Poverty No Electricity (% of population)data
Poverty No Sanitation (% of population)data
Poverty No School Enrollment (% of population)data
Prevalence of Anemia in Pregnant Women (% aged 15-49)data
Prevalence of Moderate or Severe Food Insecurity (% of population)data
Prevalence of Severe Food Insecurity (% of population)data
Prevalence of Undernourishment (% of population)data
Price Indexdata
Primary Balance (% of GDP)data
Primary Forest Lossdata
Private External Debt Stocks (% of GDP)data
Private Sector Debt-to-GDP Ratiodata
Private Transfer Coveragedata
Producer price indexdata
Product Market Regulation Indexdata
Productivity Metricspending
Public Trust in Institutions Indexpending
R-D Expenditure and Patent Applicationsdata
R and D Transferdata
Real House Prices Indexdata
Real Rents Indexpending
Recycling Rates Waste Generation per Capita and Material Reuse Indexpending
Regional Economic Indicatorspending
Regulatory Enforcementdata
Regulatory Quality (percentile rank)data
Remittance Inflowsdata
Remittance Outflow Estimate (bilateral)data
Remittance Outflowsdata
Renewable Energy Adoptiondata
Resilience to Climate-Induced Migrationpending
Resilience to Technological Disruptionpending
Retail Sales Datapending
Road Quality Index and Electricity Access Ratesdata
Road Traffic Crash Deaths (age-standardized, per 100,000 population)data
Rule of Law Index Overall Scoredata
Rule of Law (percentile rank)data
Rural-Urban Income Gappending
SDG Progress Indexpending
Saved Any Money (% age 15+)data
Savings Rate and Household Debt Levelsdata
Services Trade Restrictions Communicationsdata
Services Trade Restrictions Computer Servicesdata
Services Trade Restrictions Constructiondata
Services Trade Restrictions Distributiondata
Services Trade Restrictions Financial Servicesdata
Services Trade Restrictions Healthdata
Services Trade Restrictions Professionaldata
Services Trade Restrictions Transportdata
Services Trade Restrictions Transport-Relateddata
Shadow Economy Sizepending
Skill Mismatch Indexpending
Small Business Health Indicatorspending
Social Assistance Coveragedata
Social Bond Issuancepending
Social Insurance Coveragedata
Social Protection Coveragedata
Soil Health Index and Water Use Efficiencypending
Soil and Water Quality Indices for Agriculturepending
Sovereign Debt Rating (0-21)data
Sovereign GSSS Issuancedata
Space Economy Investmentspending
Space Exploration and Satellite Deployment Datapending
Spending on Essentials vs. Discretionary Itemspending
Stock Market Volatility Index and Bond Yield Curvespending
Subnational GDP or Regional Unemployment Ratespending
Subnational Government Liabilitiesdata
Subsidies (% of GDP)data
Supply Chain Disruption Indexpending
Supply Chain and Logistics Indexespending
Survival Rate from Age 15-60 (%)data
Sustainability Bond Issuancepending
Sustainability Linked Bond Issuancepending
Tax Revenue as a Percentage of GDPdata
Taxes and Bureaucracydata
Tech-Ethics Policy Indexpending
Technological Adoption Ratespending
Technological Readiness Indexpending
Tertiary Completion Rate (%)data
Total Early-Stage Entrepreneurial Activitydata
Total External Debt Stocks (% of GDP)data
Total Renewable Water Resources (M3)data
Total Renewable Water Resources per Capita (M3)data
Total Water Withdrawal (M3)data
Total value of exportsdata
Total value of importsdata
Tourism Indicatorsdata
Tourist Arrivals and Tourism Revenuedata
Trade Balance by Sectorpending
Trade Diversification Indexpending
Trade Openness Index and Capital Account Opennesspending
Trade Tax Revenue (% of GDP)data
Transport and Logistics Performancedata
Transshipment Time (days)data
Tree cover gain 20 year cumulativepending
Tree cover lossdata
UHC Service Coverage Indexdata
Underemployment Rate and Long-term Unemployment Ratepending
Unemployment Ratedata
Urbanization Rate and Population Density in Major Citiespending
Urbanization and Housing Densitydata
VAT Revenue (% of GDP)data
Venture Capital Investment and Start-Up Densitypending
Voice and Accountability (percentile rank)data
Waste Workersdata
Water Security Indexpending
Water Stress (SDG 6.4.2)data
Water Use Efficiency (SDG 6.4.1 USD per M3)data
Wealth Indicatorspending
Work-Life Balance and Quality of Life Indexpending

Frequently Asked Questions

What is Faroe Islands's Currency Exchange Rates?

The latest available Currency Exchange Rates value for Faroe Islands is 6.62, as of 2025.

How has Faroe Islands's Currency Exchange Rates changed over time?

Between 1960 and 2025, Currency Exchange Rates increased from 0.14 to 6.62 in Faroe Islands.

In which year was Faroe Islands's Currency Exchange Rates highest?

The peak Currency Exchange Rates for Faroe Islands was 6.62 in 2025.

What economic indicators are available for Faroe Islands?

24Peaks tracks 422 economic indicators for Faroe Islands, 40 already live with historical data.