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Faroe Islands: Gross capital formation (% of GDP)

Percent of GDP · 1998–2024 · 27 observations · inv_GDP

2024
28.2%percent of GDP
Change on 2023
−3.2 pointsfrom 31.4%
Average, 2015–2024
27.6%10 years
Record high and low
32.3% (2022)low 16.3% (2011)

Gross capital formation (% of GDP)

Report error
15%20%25%30%35%20002005201020152020Faroe IslandsFaroe Islands
Percent of GDP

Compare with other countries →Definition of Gross capital formation (% of GDP)

Recent values

Percent of GDP

YearValue
202428.2
202331.4
202232.3
202128.9
202028.3
201927.6
201829.7
201723.5
201622.2
201524.0

Sources

This series is derived from other GMD variables.

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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