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Faroe Islands: Gross capital formation

Millions of local currency · 1998–2024 · 27 observations · inv

2024
7.87 billionlocal currency
Change on 2023
−7.7%year on year
Average growth, 2014–2024
+8.3%a year
In US dollars, 2024
$1.14 billionUS dollars

Gross capital formation

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1B2B3B4B5B6B7B8B9B20002005201020152020Faroe IslandsFaroe Islands
Local currency

Compare with other countries →Definition of Gross capital formation

Recent values

Millions of local currency

YearValue
20247,872
20238,525
20228,269
20216,714
20206,049
20196,016
20185,982
20174,616
20164,197
20154,151

Sources

  • World Development Indicators1998–2024

Compare these sources →

Faroe Islands documentation (PDF)

More for Faroe Islands

Real GDP per capita (USD)Nominal GDPReal GDPUnemployment rateCurrent account (% of GDP)PopulationAll 31 series →

Gross capital formation elsewhere

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Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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