In Faroe Islands, the gross domestic product (gdp) in current local currency stands at 26.92 billion, reflecting an increase of 1.68 billion (6.7%) compared to 2022.
Gross domestic product (GDP) in current local currency of Faroe Islands
No matching regions
Source:
Data availability:
Regions:
215
Date range: 1960 to 2024
Points:
13,975
Measure:
Current Local Currency
What is Faroe Islands' GDP in current local currency?
As of 2023 Faroe Islands' GDP in current local currency was 26.92 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 2023
More indicators for Faroe Islands
Faroe Islands GDP in current local currency between 1962 and 2023
| Period | Value | Change |
|---|---|---|
| 2023 | 26.92B | +1.68B |
| 2022 | 25.24B | +2.20B |
| 2021 | 23.04B | +1.64B |
| 2020 | 21.40B | -0.38B |
| 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 |