Faroe Islands 

Economic

Indicator
Most recent value
Trend
GDP (current US$)
GDP (current US$)
Most recent value

(2023 billion)

3.91

(2023 billion)

Trend
GDP per capita (current US$)
GDP per capita (current US$)
Most recent value

(2023)

71,717.7

(2023)

Trend
GDP growth (annual %)
GDP growth (annual %)
Most recent value

(2023)

2.5

(2023)

Trend
Unemployment, total (% of total labor force) (modeled ILO estimate)
Unemployment, total (% of total labor force) (modeled ILO estimate)

No data available

Trend
Inflation, consumer prices (annual %)
Inflation, consumer prices (annual %)

No data available

Trend
Personal remittances, received (% of GDP)
Personal remittances, received (% of GDP)
Most recent value

(2023)

4.1

(2023)

Trend
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Human Capital Index

  • HCI and GDP Per Capita PPP (log scale, horizontal axis)

    Productivity relative to benchmark of complete education and full health

    Faroe Islands