Faroe Islands GDP: PPP

Faroe Islands GDP: PPP data was reported at 4,255.234 Intl $ mn in 2023. This records an increase from the previous number of 4,007.679 Intl $ mn for 2022. Faroe Islands GDP: PPP data is updated yearly, averaging 2,655.956 Intl $ mn from Dec 2008 (Median) to 2023, with 16 observations. The data reached an all-time high of 4,255.234 Intl $ mn in 2023 and a record low of 1,918.979 Intl $ mn in 2009. Faroe Islands GDP: PPP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Faroe Islands – Table FO.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. This indicator provides values for gross domestic product (GDP) expressed in current international dollars, converted by purchasing power parity (PPP) conversion factor. GDP is the sum of gross value added by all resident producers in the country plus any product taxes and minus any subsidies not included in the value of the products. PPP conversion factor is a spatial price deflator and currency converter that eliminates the effects of the differences in price levels between countries. From April 2020, “GDP: linked series (current LCU)” [NY.GDP.MKTP.CN.AD] is used as underlying GDP in local currency unit so that it’s in line with time series of PPP conversion factors for GDP, which are extrapolated with linked GDP deflators.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Gap-filled total;

View Faroe Islands's Faroe Islands GDP: PPP from 2008 to 2023 in the chart:

max 1y 5y 10y bar line area spline areaspline column Apply Get this data

There is no data available for your selected dates.

max 1y 5y 10y bar line area spline areaspline column Apply Get this data

There is no data available for your selected dates.

What was Faroe Islands's Faroe Islands GDP: PPP in 2023?

Related Indicators for Faroe Islands GDP: PPP

Faroe Islands Key Series

More Indicators for Faroe Islands