Faroe Islands 2012
Detailed economic analysis and indicators for 2012
Key Economic Indicators (2012)
GDP (Current USD)
$2.43 billion
↓ 3.13% vs 2011GDP per Capita
$50,261.96
↓ 2.63% vs 2011GDP Growth (Annual %)
7.08%
↑ 3.52pp vs 2011Inflation Rate (CPI %)
N/A
Year-over-Year Comparison
| Indicator | 2011 | 2012 | Change |
|---|---|---|---|
| GDP (Current USD) | $2.51 billion | $2.43 billion | -3.13% |
| GDP per Capita | $51,618.99 | $50,261.96 | -2.63% |
| GDP Growth (Annual %) | 3.57% | 7.08% | +3.52pp |
| Inflation (CPI %) | N/A | N/A | N/A |
All Economic Indicators (2012)
National Accounts
- GDP (Current USD)
- $2.43 billion
- GDP per Capita
- $50,261.96
- GDP Growth (Annual %)
- 7.08%
- Gross National Income
- $2.55 billion
Prices & Employment
- Inflation (CPI %)
- N/A
- Inflation (GDP Deflator %)
- -2.40%
- 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)
- N/A
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2012, Faroe Islands's Gross Domestic Product (GDP) is $2.43 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Faroe Islands for 2012 is $50,261.96. GDP per capita is calculated by dividing the country's GDP by its population.
Faroe Islands's annual GDP growth rate for 2012 is 7.08%. This indicates the rate at which the country's economy is expanding or contracting.