Home Faroe Islands Economy & Growth Gross Savings

Faroe Islands Gross Savings

Gross savings as % of GDP  NY.GNS.ICTR.ZS

28.78% +5.43% (+23.3%)
Year 2011 Rank #46 Global Peak 41.93% (1998) Source World Bank

Faroe Islands Gross Savings (1998–2011)

Overview

Faroe Islands's gross savings stood at 28.78% in 2011, a rise of +5.43% from 2010. Faroe Islands ranked 46th globally.

Data & projection

Year Gross Savings YoY change Rank
2011 28.78% +5.43% #46
2010 23.34% +11.39% #77
2009 11.96% −9.29% #146
2008 21.24% −7.22% #95
2007 28.46% +3.23% #58
2006 25.22% +9.11% #75
2005 16.11% −9.38% #132
2004 25.49% −3.02% #62
2003 28.51% −5.43% #38
2002 33.94% −5.33% #15
2001 39.28% −1.18% #9
2000 40.46% +1.50% #7
1999 38.95% −2.98% #6
1998 41.93% #5

Analysis

Faroe Islands's gross savings was 28.78% in 2011, a rise of +5.43% from 2010.

Frequently Asked Questions

What is Faroe Islands's gross savings?

Faroe Islands's gross savings was 28.78% in 2011. Ranked 46th globally. This represents a 23.3% increase from the previous year.

What was the highest gross savings in Faroe Islands?

Faroe Islands's gross savings peaked at 41.93% in 1998.

What was the lowest gross savings in Faroe Islands?

The lowest gross savings in Faroe Islands was 11.96% in 2009.

How does Faroe Islands rank in gross savings?

Faroe Islands ranks 46th globally in gross savings as of 2011.

What is the World Bank indicator code for gross savings?

The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.

What is the gross savings of Faroe Islands in 2011?

The gross savings of Faroe Islands in 2011 was 28.78%. This ranks 46th in the world.

Cite this page

APA
Faroe Islands Gross Savings. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/faroe-islands/gross-savings
BibTeX
@misc{historysaid_faroe-islands_gross-savings, title = {Faroe Islands Gross Savings}, url = {https://historysaid.com/faroe-islands/gross-savings}, publisher = {HistorySaid}, year = {2026} }