Faroe Islands 2011
Detailed economic analysis and indicators for 2011
Key Economic Indicators (2011)
GDP (Current USD)
$2.51 billion
↑ 7.46% vs 2010GDP per Capita
$51,618.99
↑ 7.71% vs 2010GDP Growth (Annual %)
3.57%
↑ 3.95pp vs 2010Inflation Rate (CPI %)
N/A
Year-over-Year Comparison
| Indicator | 2010 | 2011 | Change |
|---|---|---|---|
| GDP (Current USD) | $2.33 billion | $2.51 billion | +7.46% |
| GDP per Capita | $47,923.15 | $51,618.99 | +7.71% |
| GDP Growth (Annual %) | -0.38% | 3.57% | +3.95pp |
| Inflation (CPI %) | N/A | N/A | N/A |
All Economic Indicators (2011)
National Accounts
- GDP (Current USD)
- $2.51 billion
- GDP per Capita
- $51,618.99
- GDP Growth (Annual %)
- 3.57%
- Gross National Income
- $2.64 billion
Prices & Employment
- Inflation (CPI %)
- N/A
- Inflation (GDP Deflator %)
- -0.95%
- Unemployment Rate (%)
- N/A
- Interest Rate (Real %)
- N/A
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- 7.75%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2011, Faroe Islands's Gross Domestic Product (GDP) is $2.51 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Faroe Islands for 2011 is $51,618.99. GDP per capita is calculated by dividing the country's GDP by its population.
Faroe Islands's annual GDP growth rate for 2011 is 3.57%. This indicates the rate at which the country's economy is expanding or contracting.