Gross domestic product
$4.1B
2024
Faroe Islands
Latest available World Bank data
Every figure is the most recent annual value the World Bank has published for that economy. This is not a live or real-time feed: the World Bank revises its series on its own irregular schedule, and this page shows what our last refresh retrieved.
Last refreshed by BizNavi Hub: Sep 22, 2026
Latest published figure per indicator
Each card shows the most recent year the World Bank has published for this economy. The years differ between indicators, so every card states its own.
GDP growth rate
0.8%
2024
Faroe Islands
GDP per capita
$74,175
2024
Faroe Islands
Total population
54.9K
2025
Faroe Islands
Exports of goods and services
$2.2B
2024
Faroe Islands
Imports of goods and services
$2.1B
2024
Faroe Islands
Trade balance
$136.2M
2024
Faroe Islands
Individuals using the internet
97.6%
2017
Faroe Islands
Urban population share
39.6%
2025
Faroe Islands
An indicator missing from this list has no published figure for this economy. Nothing is estimated to fill the gap.
Trend, 2016 to 2025
Gross domestic product
Show these figures as a table
| Period | Faroe Islands |
|---|---|
| 2016 | $2.8B |
| 2017 | $3.0B |
| 2018 | $3.2B |
| 2019 | $3.3B |
| 2020 | $3.3B |
| 2021 | $3.7B |
| 2022 | $3.6B |
| 2023 | $3.9B |
| 2024 | $4.1B |
| 2025 | — |
Observations, 2016 to 2025
| Indicator | Geography | Period | Value | Source | Last updated |
|---|---|---|---|---|---|
| Gross domestic product | Faroe Islands | 2016 | $2.8B | World Bank Open Data | Jul 13, 2026 |
| Gross domestic product | Faroe Islands | 2017 | $3.0B | World Bank Open Data | Jul 13, 2026 |
| Gross domestic product | Faroe Islands | 2018 | $3.2B | World Bank Open Data | Jul 13, 2026 |
| Gross domestic product | Faroe Islands | 2019 | $3.3B | World Bank Open Data | Jul 13, 2026 |
| Gross domestic product | Faroe Islands | 2020 | $3.3B | World Bank Open Data | Jul 13, 2026 |
| Gross domestic product | Faroe Islands | 2021 | $3.7B | World Bank Open Data | Jul 13, 2026 |
| Gross domestic product | Faroe Islands | 2022 | $3.6B | World Bank Open Data | Jul 13, 2026 |
| Gross domestic product | Faroe Islands | 2023 | $3.9B | World Bank Open Data | Jul 13, 2026 |
| Gross domestic product | Faroe Islands | 2024 | $4.1B | World Bank Open Data | Jul 13, 2026 |
| Gross domestic product | Faroe Islands | 2025 | — | World Bank Open Data | Jul 13, 2026 |
Indicators covering this economy
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Where these figures come from
- Indicator code
- NY.GDP.MKTP.CD
- Official series name
- GDP (current US$)
- Retrieved by BizNavi Hub
- Sep 22, 2026
- Provider last revised
- Jul 13, 2026
- Last refreshed by BizNavi Hub
- Sep 22, 2026
- Attribution
- Source: World Bank, World Development Indicators. Licensed under CC BY 4.0.
Published figures are reproduced from public statistical sources for general business reference. They are not financial, investment, or legal advice, and revisions made by a provider appear here only after the next refresh.
Related Insights
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