Faroe Islands Gross Domestic Product: Real
FO: 2015 Price: USD: per capita: Final Consumption Expenditure: Households and NPISHs
FO: 2015 Price: USD: per capita: Final Consumption Expenditure: Households and NPISHs data was reported at 24,714.585 USD in 2015. FO: 2015 Price: USD: per capita: Final Consumption Expenditure: Households and NPISHs data is updated yearly, averaging 24,714.585 USD from Dec 2015 (Median) to 2015, with 1 observations. The data reached an all-time high of 24,714.585 USD in 2015 and a record low of 24,714.585 USD in 2015. FO: 2015 Price: USD: per capita: Final Consumption Expenditure: Households and NPISHs 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: Real. This field includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 24,756.632 2015 | yearly | 2015 - 2015 |
View Faroe Islands's FO: 2015 Price: USD: per capita: Final Consumption Expenditure: Households and NPISHs from 2015 to 2015 in the chart:
FO:(GDP) Gross Domestic Productper Capita: USD: 2015 Price
FO: GDP per Capita: USD: 2015 Price data was reported at 59,257.645 USD in 2024. This records an increase from the previous number of 59,050.195 USD for 2023. FO: GDP per Capita: USD: 2015 Price data is updated yearly, averaging 52,757.396 USD from Dec 2008 (Median) to 2024, with 17 observations. The data reached an all-time high of 59,257.645 USD in 2024 and a record low of 42,333.522 USD in 2010. FO: GDP per Capita: USD: 2015 Price 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: Real. Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 59,257.645 2024 | yearly | 2008 - 2024 |
View Faroe Islands's FO:(GDP) Gross Domestic Productper Capita: USD: 2015 Price from 2008 to 2024 in the chart:
Faroe Islands FO: GDP: 2010 Price: USD
FO: GDP: 2010 Price: USD data was reported at 2.301 USD bn in 2010. FO: GDP: 2010 Price: USD data is updated yearly, averaging 2.301 USD bn from Dec 2010 (Median) to 2010, with 1 observations. FO: GDP: 2010 Price: USD 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: Gross Domestic Product: Real. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 2,301.17 2010 | yearly | 2010 - 2010 |
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Faroe Islands FO: GDP: 2010 Price: USD: Exports of Goods and Services
FO: GDP: 2010 Price: USD: Exports of Goods and Services data was reported at 1.026 USD bn in 2010. FO: GDP: 2010 Price: USD: Exports of Goods and Services data is updated yearly, averaging 1.026 USD bn from Dec 2010 (Median) to 2010, with 1 observations. FO: GDP: 2010 Price: USD: Exports of Goods and Services 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: Gross Domestic Product: Real. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 1,025.76 2010 | yearly | 2010 - 2010 |
View Faroe Islands's Faroe Islands FO: GDP: 2010 Price: USD: Exports of Goods and Services from 2010 to 2010 in the chart:
Faroe Islands FO: GDP: 2010 Price: USD: Final Consumption Expenditure
FO: GDP: 2010 Price: USD: Final Consumption Expenditure data was reported at 1.935 USD bn in 2010. FO: GDP: 2010 Price: USD: Final Consumption Expenditure data is updated yearly, averaging 1.935 USD bn from Dec 2010 (Median) to 2010, with 1 observations. FO: GDP: 2010 Price: USD: Final Consumption Expenditure 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: Gross Domestic Product: Real. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 1,935.42 2010 | yearly | 2010 - 2010 |
View Faroe Islands's Faroe Islands FO: GDP: 2010 Price: USD: Final Consumption Expenditure from 2010 to 2010 in the chart:
Faroe Islands FO: GDP: 2010 Price: USD: Final Consumption Expenditure: General Government
FO: GDP: 2010 Price: USD: Final Consumption Expenditure: General Government data was reported at 728.472 USD mn in 2010. FO: GDP: 2010 Price: USD: Final Consumption Expenditure: General Government data is updated yearly, averaging 728.472 USD mn from Dec 2010 (Median) to 2010, with 1 observations. FO: GDP: 2010 Price: USD: Final Consumption Expenditure: General Government 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: Gross Domestic Product: Real. General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 728.47 2010 | yearly | 2010 - 2010 |
View Faroe Islands's Faroe Islands FO: GDP: 2010 Price: USD: Final Consumption Expenditure: General Government from 2010 to 2010 in the chart:
Faroe Islands FO: GDP: 2010 Price: USD: Final Consumption Expenditure: Household
FO: GDP: 2010 Price: USD: Final Consumption Expenditure: Household data was reported at 1.207 USD bn in 2010. FO: GDP: 2010 Price: USD: Final Consumption Expenditure: Household data is updated yearly, averaging 1.207 USD bn from Dec 2010 (Median) to 2010, with 1 observations. FO: GDP: 2010 Price: USD: Final Consumption Expenditure: Household 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: Gross Domestic Product: Real. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 1,206.95 2010 | yearly | 2010 - 2010 |
View Faroe Islands's Faroe Islands FO: GDP: 2010 Price: USD: Final Consumption Expenditure: Household from 2010 to 2010 in the chart:
Faroe Islands FO: GDP: 2010 Price: USD: Final Consumption Expenditure: Household: Include Discrepancy
FO: GDP: 2010 Price: USD: Final Consumption Expenditure: Household: Include Discrepancy data was reported at 1.207 USD bn in 2010. FO: GDP: 2010 Price: USD: Final Consumption Expenditure: Household: Include Discrepancy data is updated yearly, averaging 1.207 USD bn from Dec 2010 (Median) to 2010, with 1 observations. FO: GDP: 2010 Price: USD: Final Consumption Expenditure: Household: Include Discrepancy 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: Real. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 1,206.77 2010 | yearly | 2010 - 2010 |
View Faroe Islands's Faroe Islands FO: GDP: 2010 Price: USD: Final Consumption Expenditure: Household: Include Discrepancy from 2010 to 2010 in the chart:
Faroe Islands FO: GDP: 2010 Price: USD: Final Consumption Expenditure: Include Discrepancy
FO: GDP: 2010 Price: USD: Final Consumption Expenditure: Include Discrepancy data was reported at 1.935 USD bn in 2010. FO: GDP: 2010 Price: USD: Final Consumption Expenditure: Include Discrepancy data is updated yearly, averaging 1.935 USD bn from Dec 2010 (Median) to 2010, with 1 observations. FO: GDP: 2010 Price: USD: Final Consumption Expenditure: Include Discrepancy 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: Real. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 1,935.24 2010 | yearly | 2010 - 2010 |
View Faroe Islands's Faroe Islands FO: GDP: 2010 Price: USD: Final Consumption Expenditure: Include Discrepancy from 2010 to 2010 in the chart:
Faroe Islands FO: GDP: 2010 Price: USD:(GDP) Gross Domestic Productper Capita
FO: GDP: 2010 Price: USD: GDP per Capita data was reported at 47,397.903 USD in 2010. FO: GDP: 2010 Price: USD: GDP per Capita data is updated yearly, averaging 47,397.903 USD from Dec 2010 (Median) to 2010, with 1 observations. FO: GDP: 2010 Price: USD: GDP per Capita 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: Real. GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 47,397.90 2010 | yearly | 2010 - 2010 |
View Faroe Islands's Faroe Islands FO: GDP: 2010 Price: USD:(GDP) Gross Domestic Productper Capita from 2010 to 2010 in the chart:
Faroe Islands FO: GDP: 2010 Price: USD: GNI per Capita
FO: GDP: 2010 Price: USD: GNI per Capita data was reported at 49,111.874 USD in 2010. FO: GDP: 2010 Price: USD: GNI per Capita data is updated yearly, averaging 49,111.874 USD from Dec 2010 (Median) to 2010, with 1 observations. FO: GDP: 2010 Price: USD: GNI per Capita 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: Real. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 49,111.87 2010 | yearly | 2010 - 2010 |
View Faroe Islands's Faroe Islands FO: GDP: 2010 Price: USD: GNI per Capita from 2010 to 2010 in the chart:
Faroe Islands FO: GDP: 2010 Price: USD: Gross Capital Formation
FO: GDP: 2010 Price: USD: Gross Capital Formation data was reported at 450.917 USD mn in 2010. FO: GDP: 2010 Price: USD: Gross Capital Formation data is updated yearly, averaging 450.917 USD mn from Dec 2010 (Median) to 2010, with 1 observations. FO: GDP: 2010 Price: USD: Gross Capital Formation 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: Real. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress.' According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 450.92 2010 | yearly | 2010 - 2010 |
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Faroe Islands FO: GDP: 2010 Price: USD: Gross National Expenditure
FO: GDP: 2010 Price: USD: Gross National Expenditure data was reported at 2.386 USD bn in 2010. FO: GDP: 2010 Price: USD: Gross National Expenditure data is updated yearly, averaging 2.386 USD bn from Dec 2010 (Median) to 2010, with 1 observations. FO: GDP: 2010 Price: USD: Gross National Expenditure 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: Gross Domestic Product: Real. Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 2,386.16 2010 | yearly | 2010 - 2010 |
View Faroe Islands's Faroe Islands FO: GDP: 2010 Price: USD: Gross National Expenditure from 2010 to 2010 in the chart:
Faroe Islands FO: GDP: 2010 Price: USD: Gross National Income
FO: GDP: 2010 Price: USD: Gross National Income data was reported at 2.384 USD bn in 2010. FO: GDP: 2010 Price: USD: Gross National Income data is updated yearly, averaging 2.384 USD bn from Dec 2010 (Median) to 2010, with 1 observations. FO: GDP: 2010 Price: USD: Gross National Income 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: Gross Domestic Product: Real. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 2,384.38 2010 | yearly | 2010 - 2010 |
View Faroe Islands's Faroe Islands FO: GDP: 2010 Price: USD: Gross National Income from 2010 to 2010 in the chart:
Faroe Islands FO: GDP: 2010 Price: USD: Gross Value Added at Factor Cost
FO: GDP: 2010 Price: USD: Gross Value Added at Factor Cost data was reported at 2.005 USD bn in 2010. FO: GDP: 2010 Price: USD: Gross Value Added at Factor Cost data is updated yearly, averaging 2.005 USD bn from Dec 2010 (Median) to 2010, with 1 observations. FO: GDP: 2010 Price: USD: Gross Value Added at Factor Cost 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: Gross Domestic Product: Real. Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 2,004.94 2010 | yearly | 2010 - 2010 |
View Faroe Islands's Faroe Islands FO: GDP: 2010 Price: USD: Gross Value Added at Factor Cost from 2010 to 2010 in the chart:
Faroe Islands FO: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Agriculture
FO: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Agriculture data was reported at 341.139 USD mn in 2010. FO: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Agriculture data is updated yearly, averaging 341.139 USD mn from Dec 2010 (Median) to 2010, with 1 observations. FO: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Agriculture 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: Real. Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4. Data are in constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 341.139 2010 | yearly | 2010 - 2010 |
View Faroe Islands's Faroe Islands FO: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Agriculture from 2010 to 2010 in the chart:
Faroe Islands FO: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Industry
FO: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Industry data was reported at 329.173 USD mn in 2010. FO: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Industry data is updated yearly, averaging 329.173 USD mn from Dec 2010 (Median) to 2010, with 1 observations. FO: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Industry 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: Real. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 329.173 2010 | yearly | 2010 - 2010 |
View Faroe Islands's Faroe Islands FO: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Industry from 2010 to 2010 in the chart:
Faroe Islands FO: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Industry: Manufacturing
FO: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Industry: Manufacturing data was reported at 134.955 USD mn in 2010. FO: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Industry: Manufacturing data is updated yearly, averaging 134.955 USD mn from Dec 2010 (Median) to 2010, with 1 observations. FO: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Industry: Manufacturing 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: Gross Domestic Product: Real. Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are expressed constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 134.95 2010 | yearly | 2010 - 2010 |
View Faroe Islands's Faroe Islands FO: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Industry: Manufacturing from 2010 to 2010 in the chart:
Faroe Islands FO: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Services
FO: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Services data was reported at 1.340 USD bn in 2010. FO: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Services data is updated yearly, averaging 1.340 USD bn from Dec 2010 (Median) to 2010, with 1 observations. FO: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Services 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: Gross Domestic Product: Real. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 1,340.30 2010 | yearly | 2010 - 2010 |
View Faroe Islands's Faroe Islands FO: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Services from 2010 to 2010 in the chart:
Faroe Islands FO: GDP: 2010 Price: USD: Household Final Consumption Expenditure per Capita
FO: GDP: 2010 Price: USD: Household Final Consumption Expenditure per Capita data was reported at 24,859.911 USD in 2010. FO: GDP: 2010 Price: USD: Household Final Consumption Expenditure per Capita data is updated yearly, averaging 24,859.911 USD from Dec 2010 (Median) to 2010, with 1 observations. FO: GDP: 2010 Price: USD: Household Final Consumption Expenditure per Capita 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: Gross Domestic Product: Real. Household final consumption expenditure per capita (private consumption per capita) is calculated using private consumption in constant 2010 prices and World Bank population estimates. Household final consumption expenditure is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;
| Last | Frequency | Range |
|---|---|---|
| 24,859.91 2010 | yearly | 2010 - 2010 |
View Faroe Islands's Faroe Islands FO: GDP: 2010 Price: USD: Household Final Consumption Expenditure per Capita from 2010 to 2010 in the chart:
Faroe Islands FO: GDP: 2010 Price: USD: Imports of Goods and Services
FO: GDP: 2010 Price: USD: Imports of Goods and Services data was reported at 1.111 USD bn in 2010. FO: GDP: 2010 Price: USD: Imports of Goods and Services data is updated yearly, averaging 1.111 USD bn from Dec 2010 (Median) to 2010, with 1 observations. FO: GDP: 2010 Price: USD: Imports of Goods and Services 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: Gross Domestic Product: Real. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 1,110.76 2010 | yearly | 2010 - 2010 |
View Faroe Islands's Faroe Islands FO: GDP: 2010 Price: USD: Imports of Goods and Services from 2010 to 2010 in the chart:
FO: GDP: 2015 Price: USD
FO: GDP: 2015 Price: USD data was reported at 3.240 USD bn in 2024. This records an increase from the previous number of 3.213 USD bn for 2023. FO: GDP: 2015 Price: USD data is updated yearly, averaging 2.610 USD bn from Dec 2008 (Median) to 2024, with 17 observations. The data reached an all-time high of 3.240 USD bn in 2024 and a record low of 2.060 USD bn in 2010. FO: GDP: 2015 Price: USD 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: Real. Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 3,240.267 2024 | yearly | 2008 - 2024 |
View Faroe Islands's FO: GDP: 2015 Price: USD from 2008 to 2024 in the chart:
FO: GDP: 2015 Price: USD: Exports of Goods and Services
FO: GDP: 2015 Price: USD: Exports of Goods and Services data was reported at 1.370 USD bn in 2015. FO: GDP: 2015 Price: USD: Exports of Goods and Services data is updated yearly, averaging 1.370 USD bn from Dec 2015 (Median) to 2015, with 1 observations. The data reached an all-time high of 1.370 USD bn in 2015 and a record low of 1.370 USD bn in 2015. FO: GDP: 2015 Price: USD: Exports of Goods and Services 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: Real. Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 1,369.742 2015 | yearly | 2015 - 2015 |
View Faroe Islands's FO: GDP: 2015 Price: USD: Exports of Goods and Services from 2015 to 2015 in the chart:
FO: GDP: 2015 Price: USD: Final Consumption Expenditure: General Government
FO: GDP: 2015 Price: USD: Final Consumption Expenditure: General Government data was reported at 727.329 USD mn in 2015. FO: GDP: 2015 Price: USD: Final Consumption Expenditure: General Government data is updated yearly, averaging 727.329 USD mn from Dec 2015 (Median) to 2015, with 1 observations. The data reached an all-time high of 727.329 USD mn in 2015 and a record low of 727.329 USD mn in 2015. FO: GDP: 2015 Price: USD: Final Consumption Expenditure: General Government 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: Real. Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 727.329 2015 | yearly | 2015 - 2015 |
View Faroe Islands's FO: GDP: 2015 Price: USD: Final Consumption Expenditure: General Government from 2015 to 2015 in the chart:
FO: GDP: 2015 Price: USD: Gross Capital Formation
FO: GDP: 2015 Price: USD: Gross Capital Formation data was reported at 616.908 USD mn in 2015. FO: GDP: 2015 Price: USD: Gross Capital Formation data is updated yearly, averaging 616.908 USD mn from Dec 2015 (Median) to 2015, with 1 observations. The data reached an all-time high of 616.908 USD mn in 2015 and a record low of 616.908 USD mn in 2015. FO: GDP: 2015 Price: USD: Gross Capital Formation 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: Real. Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 616.908 2015 | yearly | 2015 - 2015 |
View Faroe Islands's FO: GDP: 2015 Price: USD: Gross Capital Formation from 2015 to 2015 in the chart:
FO: GDP: 2015 Price: USD: Gross National Expenditure
FO: GDP: 2015 Price: USD: Gross National Expenditure data was reported at 2.553 USD bn in 2015. FO: GDP: 2015 Price: USD: Gross National Expenditure data is updated yearly, averaging 2.553 USD bn from Dec 2015 (Median) to 2015, with 1 observations. The data reached an all-time high of 2.553 USD bn in 2015 and a record low of 2.553 USD bn in 2015. FO: GDP: 2015 Price: USD: Gross National Expenditure 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: Real. Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 2,552.755 2015 | yearly | 2015 - 2015 |
View Faroe Islands's FO: GDP: 2015 Price: USD: Gross National Expenditure from 2015 to 2015 in the chart:
FO: GDP: 2015 Price: USD: Gross Value Added at Basic Prices
FO: GDP: 2015 Price: USD: Gross Value Added at Basic Prices data was reported at 2.293 USD bn in 2015. FO: GDP: 2015 Price: USD: Gross Value Added at Basic Prices data is updated yearly, averaging 2.293 USD bn from Dec 2015 (Median) to 2015, with 1 observations. The data reached an all-time high of 2.293 USD bn in 2015 and a record low of 2.293 USD bn in 2015. FO: GDP: 2015 Price: USD: Gross Value Added at Basic Prices 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: Real. Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 2,292.541 2015 | yearly | 2015 - 2015 |
View Faroe Islands's FO: GDP: 2015 Price: USD: Gross Value Added at Basic Prices from 2015 to 2015 in the chart:
FO: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing
FO: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing data was reported at 403.186 USD mn in 2015. FO: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing data is updated yearly, averaging 403.186 USD mn from Dec 2015 (Median) to 2015, with 1 observations. The data reached an all-time high of 403.186 USD mn in 2015 and a record low of 403.186 USD mn in 2015. FO: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing 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: Real. Agriculture, forestry, and fishing corresponds to ISIC (Rev. 4) divisions 01-03 and includes the exploitation of vegetal and animal natural resources, comprising the activities of growing of crops, raising and breeding of animals, harvesting of timber and other plants, animals or animal products from a farm or their natural habitats.Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 403.186 2015 | yearly | 2015 - 2015 |
View Faroe Islands's FO: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing from 2015 to 2015 in the chart:
FO: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Industry (including Construction)
FO: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Industry (including Construction) data was reported at 424.322 USD mn in 2015. FO: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Industry (including Construction) data is updated yearly, averaging 424.322 USD mn from Dec 2015 (Median) to 2015, with 1 observations. The data reached an all-time high of 424.322 USD mn in 2015 and a record low of 424.322 USD mn in 2015. FO: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Industry (including Construction) 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: Real. Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 424.322 2015 | yearly | 2015 - 2015 |
View Faroe Islands's FO: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Industry (including Construction) from 2015 to 2015 in the chart:
FO: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Industry: Manufacturing
FO: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Industry: Manufacturing data was reported at 239.926 USD mn in 2015. FO: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Industry: Manufacturing data is updated yearly, averaging 239.926 USD mn from Dec 2015 (Median) to 2015, with 1 observations. The data reached an all-time high of 239.926 USD mn in 2015 and a record low of 239.926 USD mn in 2015. FO: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Industry: Manufacturing 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: Real. Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical tranformation of materials or components into new products. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 164.316 2015 | yearly | 2015 - 2015 |
View Faroe Islands's FO: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Industry: Manufacturing from 2015 to 2015 in the chart:
FO: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Services
FO: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Services data was reported at 1.465 USD bn in 2015. FO: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Services data is updated yearly, averaging 1.465 USD bn from Dec 2015 (Median) to 2015, with 1 observations. The data reached an all-time high of 1.465 USD bn in 2015 and a record low of 1.465 USD bn in 2015. FO: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Services 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: Real. Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and retaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 1,465.047 2015 | yearly | 2015 - 2015 |
View Faroe Islands's FO: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Services from 2015 to 2015 in the chart:
FO: GDP: 2015 Price: USD: Imports of Goods and Services
FO: GDP: 2015 Price: USD: Imports of Goods and Services data was reported at 1.349 USD bn in 2015. FO: GDP: 2015 Price: USD: Imports of Goods and Services data is updated yearly, averaging 1.349 USD bn from Dec 2015 (Median) to 2015, with 1 observations. The data reached an all-time high of 1.349 USD bn in 2015 and a record low of 1.349 USD bn in 2015. FO: GDP: 2015 Price: USD: Imports of Goods and Services 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: Real. Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 1,348.577 2015 | yearly | 2015 - 2015 |
View Faroe Islands's FO: GDP: 2015 Price: USD: Imports of Goods and Services from 2015 to 2015 in the chart:
Real(GDP) Gross Domestic Productper Capita
Real GDP per Capita data was reported at 377,273.642 DKK in 2024. This records an increase from the previous number of 375,952.880 DKK for 2023. Real GDP per Capita data is updated yearly, averaging 335,888.727 DKK from Dec 2008 (Median) to 2024, with 17 observations. The data reached an all-time high of 377,273.642 DKK in 2024 and a record low of 269,523.398 DKK in 2010. Real GDP per Capita 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: Real. Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);;
| Last | Frequency | Range |
|---|---|---|
| 377,273.642 2024 | yearly | 2008 - 2024 |