Faroe Islands 2015
Detailed economic analysis and indicators for 2015
Key Economic Indicators (2015)
GDP (Current USD)
$2.57 billion
↓ 11.67% vs 2014GDP per Capita
$52,635.04
↓ 12.53% vs 2014GDP Growth (Annual %)
0.96%
↓ 4.47pp vs 2014Inflation Rate (CPI %)
N/A
Year-over-Year Comparison
| Indicator | 2014 | 2015 | Change |
|---|---|---|---|
| GDP (Current USD) | $2.91 billion | $2.57 billion | -11.67% |
| GDP per Capita | $60,172.06 | $52,635.04 | -12.53% |
| GDP Growth (Annual %) | 5.43% | 0.96% | -4.47pp |
| Inflation (CPI %) | N/A | N/A | N/A |
All Economic Indicators (2015)
National Accounts
- GDP (Current USD)
- $2.57 billion
- GDP per Capita
- $52,635.04
- GDP Growth (Annual %)
- 0.96%
- Gross National Income
- $2.64 billion
Prices & Employment
- Inflation (CPI %)
- N/A
- Inflation (GDP Deflator %)
- 4.88%
- 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 2015, Faroe Islands's Gross Domestic Product (GDP) is $2.57 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Faroe Islands for 2015 is $52,635.04. GDP per capita is calculated by dividing the country's GDP by its population.
Faroe Islands's annual GDP growth rate for 2015 is 0.96%. This indicates the rate at which the country's economy is expanding or contracting.