Faroe Islands · Annual SERIES
Total GDP in Faroe Islands
Total annual economic output of an economic territory, expressed in US dollars at constant 2015 prices.
$3,240,267,282constant 2015 US$
2024Observation year
+0.84% from 2023
constant 2015 US$ · World Bank · Missing observations remain gaps.
Underlying data
Download CSV| Year | Value | Status & source note |
|---|---|---|
| 2025 | Not available | missing |
| 2024 | 3240267282.45612 | present |
| 2023 | 3213157332.58036 | present |
| 2022 | 3114769889.92582 | present |
| 2021 | 2998979304.47733 | present |
| 2020 | 2854366727.12733 | present |
| 2019 | 2901879820.04399 | present |
| 2018 | 2775895516.47884 | present |
| 2017 | 2701241060.07126 | present |
| 2016 | 2609591837.86672 | present |
| 2015 | 2573905971.05459 | present |
| 2014 | 2549481885.27429 | present |
| 2013 | 2418125853.51823 | present |
| 2012 | 2284350973.3955 | present |
| 2011 | 2133282898.13186 | present |
| 2010 | 2059822159.10004 | present |
| 2009 | 2067675562.88792 | present |
| 2008 | 2166314314.46368 | present |
| 2007 | Not available | missing |
| 2006 | Not available | missing |
| 2005 | Not available | missing |
| 2004 | Not available | missing |
| 2003 | Not available | missing |
| 2002 | Not available | missing |
| 2001 | Not available | missing |
| 2000 | Not available | missing |
Definition & method
WDI combines official national accounts, OECD national accounts files and World Bank estimates, following System of National Accounts standards. Constant-price output is rescaled to a common 2015 reference year and expressed in US dollars.
Total annual economic output of an economic territory, expressed in US dollars at constant 2015 prices.
What to keep in mind
- This is total economic output, not output per person, household income or wealth.
- Constant 2015 US dollars are not purchasing-power-parity dollars. Economy size and population strongly influence total levels.
- National accounts coverage, rebasing, estimated informal activity and methods differ; revisions and breaks in series can occur.
- Comparing GDP and electricity over time describes association, not a causal effect.