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Faroe Islands – GDP

Name: Faroe Islands GDP
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Gross Domestic Product. Total market value of all finished goods and services produced within a country in a given year, measured in current US dollars. · World Bank

$4.1B +$109.8M from 2023 G20 rank: 29th · all-time high: $4.1B (2024)

APA

Faroe Islands GDP. HistorySaid. Retrieved March 10, 2026, from https://historysaid.com/faroe-islands/gdp

BibTeX

@misc{historysaid_faroe-islands_gdp,
  title = {Faroe Islands GDP},
  url = {https://historysaid.com/faroe-islands/gdp},
  publisher = {HistorySaid},
  year = {2026}
}

Data & Projection▾

Year	Value	Change	Rank
2027* trend	$4.6B	–	–
2026* trend	$4.4B	–	–
2025* trend	$4.3B	–	–
2024	$4.1B	+$109.8M	29th
2023	$3.9B	+$327.9M	38th
2022	$3.6B	−$84.3M	38th
2021	$3.7B	+$427.7M	42nd
2020	$3.3B	+$5.4M	41st
2019	$3.3B	+$77.8M	39th
2018	$3.2B	+$208.5M	37th
2017	$3.0B	+$166.8M	36th
2016	$2.8B	+$239.4M	36th
2015	$2.6B	−$340.1M	35th
2014	$2.9B	+$223.9M	38th
2013	$2.7B	+$262.9M	36th
2012	$2.4B	−$78.5M	33rd
2011	$2.5B	+$173.9M	37th
2010	$2.3B	+$35.7M	37th
2009	$2.3B	−$193.8M	37th
2008	$2.5B	+$150.9M	37th
2007	$2.3B	+$321.3M	38th
2006	$2.0B	+$257.9M	38th
2005	$1.8B	+$35.0M	37th
2004	$1.7B	+$222.8M	39th
2003	$1.5B	+$226.8M	39th
2002	$1.3B	+$114.8M	40th
2001	$1.2B	+$93.2M	39th
2000	$1.1B	−$60.6M	39th
1999	$1.1B	+$22.9M	41st
1998	$1.1B	+$171.0M	38th
1997	$933.8M	−$55.8M	36th
1996	$989.5M	+$88.1M	36th
1995	$901.4M	+$142.7M	34th
1994	$758.7M	−$2.2M	33rd
1993	$761.0M	−$151.7M	33rd
1992	$912.7M	+$3.4M	40th
1991	$909.3M	−$51.6M	38th
1990	$960.8M	+$88.9M	37th
1989	$871.9M	−$96.6M	37th
1988	$968.6M	+$82.1M	36th
1987	$886.5M	+$197.6M	36th
1986	$688.9M	+$229.6M	35th
1985	$459.3M	+$33.3M	34th
1984	$426.0M	−$60.6M	31st
1983	$486.6M	+$42.6M	30th
1982	$444.0M	−$12.2M	30th
1981	$456.2M	−$36.8M	30th
1980	$493.0M	+$44.4M	30th
1979	$448.6M	+$50.7M	27th
1978	$397.8M	+$50.0M	26th
1977	$347.8M	+$77.3M	28th
1976	$270.5M	+$43.1M	22nd
1975	$227.4M	+$30.6M	22nd
1974	$196.8M	+$35.5M	22nd
1973	$161.2M	+$41.9M	21st
1972	$119.3M	+$20.1M	21st
1971	$99.2M	+$14.3M	21st
1970	$84.9M	+$14.8M	20th
1969	$70.1M	+$4.9M	9th
1968	$65.2M	−$1.0M	8th
1967	$66.2M	+$1.8M	9th
1966	$64.4M	+$6.4M	8th
1965	$58.0M	–	7th

Show all years (1965–2024)

* Linear trend extrapolation from last 5 data points

HistorySaid

Over the last decade, Faroe Islands's gdp averaged $3.3B. The 2024 figure of $4.1B is above this long-run average. Based on recent trends, HistorySaid estimates $4.3B by 2025.