Faroe Islands - GDP Deflator 2022
5.90%
+2.47pp from 2021
Faroe Islands's gdp deflator was 5.90% in 2022, increased +2.47pp from 3.43% in 2021. This was the 75th highest globally.
Global Ranking - 2022▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Nauru | -13.14% | -176.1% |
| 2nd | Kiribati | -1.96% | -121.6% |
| 3rd | Solomon Islands | -1.87% | -215.4% |
| 4th | Barbados | -1.25% | -112.4% |
| 5th | Mauritania | -0.61% | -108.2% |
| 6th | Marshall Islands | -0.27% | -104.6% |
| 7th | Djibouti | -0.15% | -104.4% |
| 8th | Dominica | 0.26% | -73.5% |
| 9th | Japan | 0.40% | 295.8% |
| 10th | Macao SAR, China | 1.16% | 237.6% |
| 11th | Bermuda | 1.45% | 22.1% |
| 12th | Seychelles | 1.57% | -42.9% |
| 13th | Grenada | 1.64% | -39.9% |
| 14th | Turks and Caicos Islands | 1.66% | -56.9% |
| 15th | West Bank and Gaza | 1.68% | -81.2% |
| 16th | Hong Kong SAR, China | 1.69% | 147.0% |
| 17th | Korea | 1.81% | -43.2% |
| 18th | China | 1.93% | -56.8% |
| 19th | Panama | 2.20% | 55.2% |
| 20th | Ecuador | 2.35% | 8.0% |
| 21st | French Polynesia | 2.49% | 989.4% |
| 22nd | Samoa | 2.54% | 458.4% |
| 23rd | Bolivia, Plurinational State of | 2.59% | -8.6% |
| 24th | Morocco | 2.60% | 7.8% |
| 25th | Jordan | 2.62% | 18.7% |
| 26th | Tanzania | 2.76% | 3.3% |
| 27th | San Marino | 2.76% | 50.1% |
| 28th | Northern Mariana Islands | 2.80% | 413.7% |
| 29th | Guinea | 2.81% | -76.6% |
| 30th | Côte d'Ivoire | 3.00% | -23.7% |
| 31st | Monaco | 3.02% | 147.0% |
| 32nd | France | 3.02% | 147.0% |
| 33rd | Switzerland | 3.04% | 130.0% |
| 34th | Tunisia | 3.17% | -37.9% |
| 35th | Sint Maarten (Dutch part) | 3.34% | -28.2% |
| 36th | Maldives | 3.41% | 20.7% |
| 37th | Italy | 3.46% | 169.3% |
| 38th | St. Kitts and Nevis | 3.46% | 207.5% |
| 39th | Cambodia | 3.49% | 31.9% |
| 40th | Palau | 3.83% | 99.4% |
| 41st | New Caledonia | 3.85% | -20.3% |
| 42nd | Guinea-Bissau | 3.88% | 47.5% |
| 43rd | Cayman Islands | 3.89% | 77.3% |
| 44th | Puerto Rico (US) | 3.90% | 39.2% |
| 45th | Niger | 4.02% | 28.9% |
| 46th | Bahamas, The | 4.12% | 438.0% |
| 47th | Benin | 4.14% | 155.7% |
| 48th | St. Lucia | 4.22% | -63.6% |
| 49th | Andorra | 4.24% | 65.6% |
| 50th | Aruba | 4.29% | 167.7% |
| 51st | Viet Nam | 4.44% | 54.2% |
| 52nd | Peru | 4.51% | -55.2% |
| 53rd | Burkina Faso | 4.64% | 4,013.5% |
| 54th | Thailand | 4.66% | 162.6% |
| 55th | Spain | 4.69% | 83.6% |
| 56th | Uganda | 4.92% | 93.4% |
| 57th | Israel | 4.94% | 114.8% |
| 58th | Curaçao | 5.00% | 33.0% |
| 59th | Austria | 5.02% | 178.8% |
| 60th | Virgin Islands (US) | 5.04% | 79.7% |
| 61st | Bangladesh | 5.05% | 22.5% |
| 62nd | Malta | 5.09% | 106.5% |
| 63rd | Uruguay | 5.15% | -53.5% |
| 64th | Comoros | 5.19% | 544.1% |
| 65th | South Africa | 5.24% | -18.2% |
| 66th | Portugal | 5.33% | 163.8% |
| 67th | Guam | 5.47% | 68.2% |
| 68th | Philippines | 5.49% | 140.5% |
| 69th | Lesotho | 5.53% | 77.0% |
| 70th | Tuvalu | 5.55% | 18.4% |
| 71st | Greenland | 5.61% | 602.3% |
| 72nd | United Kingdom | 5.68% | 697.8% |
| 73rd | Bhutan | 5.79% | -24.0% |
| 74th | New Zealand | 5.89% | 29.1% |
| 75th | Faroe Islands | 5.90% | 72.1% |
| 76th | India | 5.90% | -29.4% |
| 77th | Central African Republic | 6.02% | 88.9% |
| 78th | Sweden | 6.03% | 122.4% |
| 79th | Zambia | 6.14% | -75.6% |
| 80th | Netherlands | 6.16% | 124.1% |
| 81st | Myanmar | 6.16% | -68.4% |
| 82nd | Finland | 6.17% | 147.6% |
| 83rd | Luxembourg | 6.22% | 5.4% |
| 84th | Costa Rica | 6.28% | 164.5% |
| 85th | Greece | 6.29% | 351.3% |
| 86th | Malaysia | 6.30% | 10.9% |
| 87th | Mali | 6.30% | 64.5% |
| 88th | Cabo Verde | 6.34% | 369.9% |
| 89th | Guatemala | 6.37% | 103.5% |
| 90th | Germany | 6.41% | 137.8% |
| 91st | Namibia | 6.42% | 318.2% |
| 92nd | Slovenia | 6.48% | 141.4% |
| 93rd | El Salvador | 6.58% | 59.0% |
| 94th | Cyprus | 6.62% | 118.2% |
| 95th | European Union | 6.62% | 145.5% |
| 96th | Mexico | 6.67% | 48.5% |
| 97th | Belgium | 6.70% | 148.4% |
| 98th | Antigua and Barbuda | 6.78% | 37.8% |
| 99th | Cameroon | 6.83% | 133.9% |
| 100th | Kenya | 6.96% | 60.6% |
| 101st | Togo | 7.12% | 56.0% |
| 102nd | United States | 7.13% | 62.6% |
| 103rd | Bahrain | 7.13% | -22.5% |
| 104th | Kosovo | 7.20% | 17.7% |
| 105th | Australia | 7.20% | 135.2% |
| 106th | Belize | 7.29% | 1,252.3% |
| 107th | Slovak Republic | 7.33% | 226.8% |
| 108th | Channel Islands | 7.36% | 3,293.4% |
| 109th | Chile | 7.56% | 10.1% |
| 110th | Canada | 7.91% | 1.6% |
| 111th | Somalia, Fed. Rep. | 7.94% | 7.4% |
| 112th | St. Vincent and the Grenadines | 7.95% | 1,067.4% |
| 113th | Armenia | 7.99% | 15.7% |
| 114th | Ireland | 8.00% | 663.2% |
| 115th | Croatia | 8.01% | 285.0% |
| 116th | Nigeria | 8.05% | -36.3% |
| 117th | Paraguay | 8.05% | -4.7% |
| 118th | Fiji | 8.07% | 545.1% |
| 119th | Georgia | 8.14% | -20.5% |
| 120th | Nepal | 8.24% | 21.9% |
| 121st | Tajikistan | 8.26% | -17.7% |
| 122nd | Nicaragua | 8.39% | 138.1% |
| 123rd | Mauritius | 8.52% | 187.2% |
| 124th | Brazil | 8.57% | -34.3% |
| 125th | Liberia | 8.67% | 61.9% |
| 126th | Czechia | 8.67% | 114.9% |
| 127th | Gambia, The | 8.82% | 19.4% |
| 128th | Iceland | 8.83% | 43.6% |
| 129th | Eswatini | 8.87% | 7,675.6% |
| 130th | North Macedonia | 8.87% | 107.1% |
| 131st | Isle of Man | 9.10% | 39.6% |
| 132nd | Mozambique | 9.15% | 101.1% |
| 133rd | Tonga | 9.20% | 351.5% |
| 134th | Honduras | 9.31% | 102.2% |
| 135th | Senegal | 9.35% | 545.8% |
| 136th | Micronesia, Federated States of | 9.40% | 406.0% |
| 137th | Afghanistan | 9.41% | 231.3% |
| 138th | Dominican Republic | 9.55% | 32.3% |
| 139th | Indonesia | 9.57% | 59.4% |
| 140th | Madagascar | 9.63% | 53.5% |
| 141st | Latvia | 9.69% | 193.9% |
| 142nd | Albania | 9.86% | 186.3% |
| 143rd | Congo, Democratic Republic of | 9.99% | -64.1% |
| 144th | Denmark | 10.40% | 241.6% |
| 145th | Egypt, Arab Republic of | 10.43% | 115.1% |
| 146th | Serbia | 10.46% | 84.0% |
| 147th | Poland | 10.69% | 100.2% |
| 148th | Turkmenistan | 11.04% | 298.4% |
| 149th | Vanuatu | 11.23% | 1,504.5% |
| 150th | Timor-Leste | 11.37% | -80.8% |
| 151st | Bosnia and Herzegovina | 11.81% | 137.9% |
| 152nd | Romania | 12.05% | 115.1% |
| 153rd | Guyana | 12.06% | -46.2% |
| 154th | Montenegro | 12.07% | 137.9% |
| 155th | Saudi Arabia | 12.58% | -37.5% |
| 156th | United Arab Emirates | 12.60% | -4.0% |
| 157th | Jamaica | 12.66% | 91.5% |
| 158th | Pakistan | 13.94% | 35.7% |
| 159th | Hungary | 13.97% | 126.5% |
| 160th | Cuba | 14.09% | -96.5% |
| 161st | Chad | 14.15% | 65.8% |
| 162nd | American Samoa | 14.15% | 192.3% |
| 163rd | Uzbekistan | 14.46% | 5.6% |
| 164th | Botswana | 14.62% | 74.4% |
| 165th | Gabon | 14.76% | -27.4% |
| 166th | Belarus | 14.88% | -2.9% |
| 167th | Singapore | 14.92% | 36.5% |
| 168th | Colombia | 14.93% | 91.3% |
| 169th | Papua New Guinea | 15.03% | 29.6% |
| 170th | Burundi | 15.05% | 48.9% |
| 171st | Lao PDR | 15.77% | 324.8% |
| 172nd | São Tomé and Principe | 15.78% | 205.6% |
| 173rd | Rwanda | 15.81% | 436.8% |
| 174th | Bulgaria | 15.92% | 128.5% |
| 175th | Trinidad and Tobago | 15.93% | -5.9% |
| 176th | Lithuania | 16.07% | 167.8% |
| 177th | Oman | 16.50% | 35.9% |
| 178th | Estonia | 16.84% | 292.5% |
| 179th | Malawi | 17.17% | 110.6% |
| 180th | Kuwait | 17.63% | -40.1% |
| 181st | Mongolia | 17.71% | 22.8% |
| 182nd | Angola | 18.12% | -49.2% |
| 183rd | Russian Federation | 18.18% | -0.1% |
| 184th | Congo, Republic of | 18.26% | -21.6% |
| 185th | Moldova | 18.86% | 195.5% |
| 186th | Kyrgyz Republic | 19.66% | 22.9% |
| 187th | Kazakhstan | 19.77% | 41.9% |
| 188th | Equatorial Guinea | 22.10% | 23.2% |
| 189th | Algeria | 22.92% | 43.9% |
| 190th | Brunei Darussalam | 24.24% | 56.7% |
| 191st | Qatar | 25.88% | 15.2% |
| 192nd | Iraq | 26.94% | -30.7% |
| 193rd | Sierra Leone | 26.96% | 261.2% |
| 194th | Ghana | 28.18% | 132.8% |
| 195th | Norway | 28.42% | 40.6% |
| 196th | Haiti | 29.78% | 54.0% |
| 197th | Ukraine | 34.92% | 40.8% |
| 198th | Azerbaijan | 37.27% | 72.6% |
| 199th | Libya | 42.77% | -52.7% |
| 200th | Sri Lanka | 47.46% | 491.7% |
| 201st | Suriname | 49.42% | -20.4% |
| 202nd | Iran, Islamic Republic of | 51.08% | -8.6% |
| 203rd | Argentina | 68.99% | 28.2% |
| 204th | Türkiye | 95.53% | 226.0% |
| 205th | Syrian Arab Republic | 112.14% | -5.2% |
| 206th | Lebanon | 112.15% | -25.2% |
| 207th | Sudan | 116.87% | -50.4% |
| 208th | Zimbabwe | 274.46% | 152.3% |
FAQ
What was Faroe Islands's gdp deflator in 2022?▾
Faroe Islands's gdp deflator in 2022 was 5.90%. This ranked 75th globally.
How did Faroe Islands's gdp deflator change in 2022?▾
Faroe Islands's gdp deflator increased by 72.1% in 2022 compared to 2021.
Which country had the highest gdp deflator in 2022?▾
Zimbabwe had the highest gdp deflator in 2022 at 274.46%.
What is the gdp deflator of Faroe Islands in 2022?▾
The gdp deflator of Faroe Islands in 2022 was 5.90%. This ranked 75th globally.
How does 2022 compare to 2021 for Faroe Islands's gdp deflator?▾
Faroe Islands's gdp deflator went from 3.43% in 2021 to 5.90% in 2022, a 72.1% increase.
Related
2021
2023
All years
Full ranking 2022
GDP
GDP per Capita
GDP Growth
GDP PPP
GNI
Peak: 2016
Lowest: 2012
GDP Deflator 1990s
GDP Deflator 2000s
GDP Deflator 2010s
GDP Deflator 2020s
Highest ever
Lowest ever
Average
vs Channel Islands
vs Macao SAR, China
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Global Ranking