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Faroe Islands GDP Deflator 2020s

Name: Faroe Islands GDP Deflator 2020s
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Inflation as measured by annual growth rate of GDP implicit deflator · World Bank

3.02% decade average (2020-2029)

Faroe Islands's gdp deflator during the 2020s ranged from -0.11% (2020) to 5.90% (2022), averaging 3.02% over 6 years of data.

← 2010s

2020s Data▾

Year	Value	Change	Rank
2020	-0.11%	−3.61pp	52nd
2021	3.43%	+3.54pp	87th
2022	5.90%	+2.47pp	75th
2023	2.94%	−2.95pp	64th
2024	2.00%	−0.95pp	48th
2025	3.95%	+1.95pp	137th