Home Faroe Islands Economy & Growth GDP Deflator

Faroe Islands GDP Deflator

Inflation as measured by annual growth rate of GDP implicit deflator  NY.GDP.DEFL.KD.ZG

3.95% +1.95pp (+97.9%)
Year 2025 Rank #137 Global Peak 7.87% (2016) Source World Bank

Faroe Islands GDP Deflator (2009–2025)

Overview

Faroe Islands's gdp deflator stood at 3.95% in 2025, a rise of +1.95pp from 2024. Based on recent trends, this figure is projected to reach 3.95% by 2025. Faroe Islands ranked 137th globally.

Data & projection

Year GDP Deflator YoY change Rank
2027* trend 4.70% - -
2026* trend 4.32% - -
2025* trend 3.95% - -
2025 3.95% +1.95pp #137
2024 2.00% −0.95pp #48
2023 2.94% −2.95pp #64
2022 5.90% +2.47pp #75
2021 3.43% +3.54pp #87
2020 -0.11% −3.61pp #52
2019 3.50% +3.93pp #143
2018 -0.43% −0.80pp #11
2017 0.38% −7.49pp #24
2016 7.87% +2.99pp #181
2015 4.88% +2.21pp #161
2014 2.67% +1.16pp #120
2013 1.52% +3.92pp #81
2012 -2.40% −1.45pp #3
2011 -0.95% −7.90pp #6
Show all years (2009-2025)
* Linear trend extrapolation

Analysis

Faroe Islands's gdp deflator was 3.95% in 2025, a rise of +1.95pp from 2024. Based on trends, estimated 3.95% by 2025.

Frequently Asked Questions

What is Faroe Islands's gdp deflator?

Faroe Islands's gdp deflator was 3.95% in 2025. Ranked 137th globally. This represents a 97.9% increase from the previous year.

What was the highest gdp deflator in Faroe Islands?

Faroe Islands's gdp deflator peaked at 7.87% in 2016.

What was the lowest gdp deflator in Faroe Islands?

The lowest gdp deflator in Faroe Islands was -2.40% in 2012.

How does Faroe Islands rank in gdp deflator?

Faroe Islands ranks 137th globally in gdp deflator as of 2025.

What is the World Bank indicator code for gdp deflator?

The World Bank indicator code is NY.GDP.DEFL.KD.ZG. Data sourced from World Bank.

What is the projected gdp deflator of Faroe Islands in 2025?

Faroe Islands's gdp deflator is projected to reach 3.95% by 2025 based on trend extrapolation.

What is the gdp deflator of Faroe Islands in 2025?

The gdp deflator of Faroe Islands in 2025 was 3.95%. This ranks 137th in the world.

Cite this page

APA
Faroe Islands GDP Deflator. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/faroe-islands/gdp-deflator
BibTeX
@misc{historysaid_faroe-islands_gdp-deflator, title = {Faroe Islands GDP Deflator}, url = {https://historysaid.com/faroe-islands/gdp-deflator}, publisher = {HistorySaid}, year = {2026} }