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Faroe Islands: Real GDP

Millions of local currency · 2008–2024 · 17 observations · rGDP

2024
21.8 billionlocal currency
Change on 2023
+0.8%year on year
Average growth, 2014–2024
+2.4%a year
In US dollars, 2024
$3.24 billionUS dollars

Real GDP

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12B14B16B18B20B22B200820102012201420162018202020222024Faroe IslandsFaroe Islands
Local currency

Compare with other countries →Definition of Real GDP

Recent values

Millions of local currency

YearValue
202421,800
202321,618
202220,956
202120,177
202019,204
201919,524
201818,676
201718,174
201617,557
201517,317

Sources

  • World Development Indicators2008–2024

Compare these sources →

Faroe Islands documentation (PDF)

More for Faroe Islands

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

Real GDP 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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