In Faroe Islands, the gross domestic product (gdp) in current local currency currently stands at 25.16 billion, reflecting an increase of 2.18 billion (9.5%) since 2021.
Gross domestic product (GDP) in current local currency of Faroe Islands
No matching regions
Source:
Data availability:
Regions:
215
Date range: 1960 to 2023
Points:
13,760
Measure:
Current Local Currency
What is Faroe Islands' GDP in current local currency?
As of 2022 Faroe Islands' GDP in current local currency was 25.16 billion.
How does Faroe Islands' GDP in current local currency compare to other regions?
Faroe Islands' GDP in current local currency was ranked 163rd in 2022
Similar regions to Faroe Islands
GDP in current local currency
More indicators for Faroe Islands
Faroe Islands GDP in current local currency between 1962 and 2022
| Period | GDP in current local currency | Change |
|---|---|---|
| 2022 | 25.16B | +2.18B |
| 2021 | 22.98B | +1.64B |
| 2020 | 21.34B | -0.44B |
| 2019 | 21.79B | +1.65B |
| 2018 | 20.13B | +0.46B |
| 2017 | 19.68B | +0.74B |
| 2016 | 18.94B | +1.62B |
| 2015 | 17.32B | +0.96B |
| 2014 | 16.35B | +1.25B |
| 2013 | 15.11B | +1.05B |
| 2012 | 14.06B | +0.61B |
| 2011 | 13.45B | +0.34B |
| 2010 | 13.11B | +0.81B |
| 2009 | 12.31B | -0.38B |
| 2008 | 12.69B | -0.04B |
| 2007 | 12.73B | +0.73B |
| 2006 | 12.00B | +1.45B |
| 2005 | 10.55B | +0.22B |
| 2004 | 10.33B | +0.44B |
| 2003 | 9.89B | -0.17B |
| 2002 | 10.07B | +0.41B |
| 2001 | 9.66B | +1.03B |
| 2000 | 8.63B | +0.76B |
| 1999 | 7.87B | +0.46B |
| 1998 | 7.40B | +1.24B |
| 1997 | 6.17B | +0.43B |
| 1996 | 5.74B | +0.69B |
| 1995 | 5.05B | +0.22B |
| 1994 | 4.83B | -0.11B |
| 1993 | 4.93B | -0.58B |
| 1992 | 5.51B | -0.31B |
| 1991 | 5.82B | -0.13B |
| 1990 | 5.95B | -0.43B |
| 1989 | 6.37B | -0.15B |
| 1988 | 6.52B | +0.46B |
| 1987 | 6.06B | +0.49B |
| 1986 | 5.57B | +0.71B |
| 1985 | 4.87B | +0.46B |
| 1984 | 4.41B | -0.04B |
| 1983 | 4.45B | +0.75B |
| 1982 | 3.70B | +0.45B |
| 1981 | 3.25B | +0.47B |
| 1980 | 2.78B | +0.42B |
| 1979 | 2.36B | +0.17B |
| 1978 | 2.19B | +0.11B |
| 1977 | 2.09B | +0.45B |
| 1976 | 1.64B | +0.33B |
| 1975 | 1.31B | +0.11B |
| 1974 | 1.20B | +0.22B |
| 1973 | 0.98B | +0.15B |
| 1972 | 0.83B | +0.09B |
| 1971 | 0.74B | +0.10B |
| 1970 | 0.64B | +0.11B |
| 1969 | 0.53B | +0.04B |
| 1968 | 0.49B | +0.03B |
| 1967 | 0.46B | +0.02B |
| 1966 | 0.44B | +0.04B |
| 1965 | 0.40B | +0.05B |
| 1964 | 0.35B | +0.04B |
| 1963 | 0.31B | +0.05B |
| 1962 | 0.26B |