FO
Faroe Islands
Northern Europe
DKK
FO · FRO · #220 · 6 cities
Nomad score
48/100
Compare
Key indicators
- GDP per capita (PPP) (2024)
- $82,089
- GDP (2024)
- $4.1B
- GDP growth (2024)
- 0.8% ↓
- Population (2025)
- 54.9K
- Population growth (2025)
- 0.5% ↑
- Current account (2011)
- 7.8% of GDP
- Life expectancy (2024)
- 83.1 yrs
- Internet users (2017)
- 97.6%
- Mobile subscriptions (2022)
- 105.8/100
- Trade openness (2024)
- 105.8% of GDP
- Exchange rate (2025)
- 6.62/USD
GDP overview
Nominal GDP and real growth. Dashed = IMF forecast.
GDP per capita (PPP)
Inflation (CPI)
Inflation data not available.
Unemployment
Unemployment data not available.
Population
Fiscal and trade
- Current account (2011)
- 7.8% of GDP
Business environment
- Services sector (2024)
- 53.8% of GDP
Financial access and costs
- ICT service exports (2011)
- 4.4%
Historical data
| Year | GDP | GDP/cap PPP | Growth | Inflation | Unemp. | Population | Gini | Debt | Curr. acct | FDI | Life exp. | Health | Internet | FX rate |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | No data for this year | No data for this year | No data for this year | No data for this year | No data for this year | 54.9K | No data for this year | No data for this year | No data for this year | No data for this year | No data for this year | No data for this year | No data for this year | 6.62 |
| 2024 | $4.1B | $82,089 | 0.8% | No data for this year | No data for this year | 54.6K | No data for this year | No data for this year | No data for this year | No data for this year | 83.1 | No data for this year | No data for this year | 6.89 |
| 2023 | $3.9B | $79,784 | 3.2% | No data for this year | No data for this year | 54.4K | No data for this year | No data for this year | No data for this year | No data for this year | 83.0 | No data for this year | No data for this year | 6.89 |
| 2022 | $3.6B | $75,266 | 3.9% | No data for this year | No data for this year | 53.9K | No data for this year | No data for this year | No data for this year | No data for this year | 82.8 | No data for this year | No data for this year | 7.08 |
| 2021 | $3.7B | $68,433 | 5.1% | No data for this year | No data for this year | 53.3K | No data for this year | No data for this year | No data for this year | No data for this year | 82.7 | No data for this year | No data for this year | 6.29 |
| 2020 | $3.3B | $61,656 | -1.6% | No data for this year | No data for this year | 52.6K | No data for this year | No data for this year | No data for this year | No data for this year | 82.5 | No data for this year | No data for this year | 6.54 |
| 2019 | $3.3B | $62,226 | 4.5% | No data for this year | No data for this year | 51.8K | No data for this year | No data for this year | No data for this year | No data for this year | 82.4 | No data for this year | No data for this year | 6.67 |
| 2018 | $3.2B | $58,932 | 2.8% | No data for this year | No data for this year | 51.0K | No data for this year | No data for this year | No data for this year | No data for this year | 82.3 | No data for this year | No data for this year | 6.31 |
| 2017 | $3.0B | $56,417 | 3.5% | No data for this year | No data for this year | 50.2K | No data for this year | No data for this year | No data for this year | No data for this year | 82.1 | No data for this year | 97.6% | 6.60 |
| 2016 | $2.8B | $54,319 | 1.4% | No data for this year | No data for this year | 49.5K | No data for this year | No data for this year | No data for this year | No data for this year | 82.0 | No data for this year | 95.1% | 6.73 |
| 2015 | $2.6B | $53,685 | 1.0% | No data for this year | No data for this year | 48.9K | No data for this year | No data for this year | No data for this year | No data for this year | 81.8 | No data for this year | 94.2% | 6.73 |
| 2014 | $2.9B | $53,200 | 5.4% | No data for this year | No data for this year | 48.4K | No data for this year | No data for this year | No data for this year | No data for this year | 81.6 | No data for this year | 93.3% | 5.61 |
| 2013 | $2.7B | $49,782 | 5.9% | No data for this year | No data for this year | 48.2K | No data for this year | No data for this year | No data for this year | No data for this year | 81.4 | No data for this year | 90.0% | 5.62 |
| 2012 | $2.4B | $46,198 | 7.1% | No data for this year | No data for this year | 48.3K | No data for this year | No data for this year | No data for this year | No data for this year | 81.1 | No data for this year | 85.3% | 5.79 |
| 2011 | $2.5B | $42,134 | 3.6% | No data for this year | No data for this year | 48.5K | No data for this year | No data for this year | 7.8% | No data for this year | 80.9 | No data for this year | 80.7% | 5.37 |
| 2010 | $2.3B | $39,767 | -0.4% | No data for this year | No data for this year | 48.7K | No data for this year | No data for this year | 6.2% | No data for this year | 80.6 | No data for this year | 75.2% | 5.62 |
| 2009 | $2.3B | $39,331 | -4.6% | No data for this year | No data for this year | 48.8K | No data for this year | No data for this year | -1.1% | No data for this year | 80.4 | No data for this year | 75.2% | 5.36 |
| 2008 | $2.5B | $41,160 | No data for this year | No data for this year | No data for this year | 48.5K | No data for this year | No data for this year | -1.2% | No data for this year | 80.2 | No data for this year | 75.6% | 5.10 |
| 2007 | $2.3B | No data for this year | No data for this year | No data for this year | No data for this year | 48.4K | No data for this year | No data for this year | -3.4% | No data for this year | 79.9 | No data for this year | 76.0% | 5.44 |
| 2006 | $2.0B | No data for this year | No data for this year | No data for this year | No data for this year | 48.3K | No data for this year | No data for this year | 1.1% | No data for this year | 79.7 | No data for this year | 69.4% | 5.95 |
| 2005 | $1.8B | No data for this year | No data for this year | No data for this year | No data for this year | 48.4K | No data for this year | No data for this year | 1.8% | No data for this year | 79.5 | No data for this year | 67.9% | 6.00 |