GDP deflator (base year varies by country) (UNESCO Institute) in Faroe Islands
Faroe Islands: GDP deflator (base year varies by country) (UNESCO Institute) was 132.29 base year varies by country in 2023. ▲ Rising
Latest (2023)
132.29 base year varies by country
Change on year
up 4.1%
World rank
100th
of 211 countries
All-time high
132.29 base year varies by country
in 2023
All-time low
92.04 base year varies by country
in 2008
Years of data
16
2008–2023
GDP deflator in Faroe Islands, 2008–2023
Source: UNESCO Institute for Statistics. Measured in base year varies by country.
Analysis
Faroe Islands recorded 132.29 base year varies by country for gdp deflator in 2023. That is the highest value across all 16 years on record.
The figure is up 4.1% on the previous year and up 34.8% over ten years.
Over the whole period, gdp deflator in Faroe Islands peaked at 132.29 base year varies by country in 2023 and was at its lowest, 92.04 base year varies by country, in 2008.
Faroe Islands ranks 100th of 211 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
GDP deflator (base year varies by country) (UNESCO Institute) in Faroe Islands, year by year
| Year | base year varies by country | Change |
|---|---|---|
| 2008 | 92.04 base year varies by country | — |
| 2009 | 93.5 base year varies by country | +1.6% |
| 2010 | 100 base year varies by country | +6.9% |
| 2011 | 99.05 base year varies by country | -1.0% |
| 2012 | 96.67 base year varies by country | -2.4% |
| 2013 | 98.14 base year varies by country | +1.5% |
| 2014 | 100.76 base year varies by country | +2.7% |
| 2015 | 105.67 base year varies by country | +4.9% |
| 2016 | 113.99 base year varies by country | +7.9% |
| 2017 | 114.42 base year varies by country | +0.4% |
| 2018 | 113.93 base year varies by country | -0.4% |
| 2019 | 117.92 base year varies by country | +3.5% |
| 2020 | 117.78 base year varies by country | -0.1% |
| 2021 | 120.17 base year varies by country | +2.0% |
| 2022 | 127.11 base year varies by country | +5.8% |
| 2023 | 132.29 base year varies by country | +4.1% |
Faroe Islands compared with similar countries
- Faroe Islands's 132.29 base year varies by country is above the median for high income countries, which is 120.08 base year varies by country, 1.1× the median. (82 countries reporting)
- Faroe Islands's 132.29 base year varies by country is above the median for Europe & Central Asia, which is 127.15 base year varies by country, 1.0× the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 92.77 base year varies by country | 92.04 base year varies by country | 93.5 base year varies by country | 2 |
| 2010s | 106.05 base year varies by country | 96.67 base year varies by country | 117.92 base year varies by country | 10 |
| 2020s | 124.34 base year varies by country | 117.78 base year varies by country | 132.29 base year varies by country | 4 |
Countries ranked near Faroe Islands
- 97 Burkina Faso 132.55 base year varies by country compare
- 98 Uganda 132.47 base year varies by country compare
- 99 Serbia 132.39 base year varies by country compare
- 101 Samoa 131.88 base year varies by country compare
- 102 Bhutan 130.5 base year varies by country compare
- 103 Mozambique 130.26 base year varies by country compare
More population data for Faroe Islands
- Population regions with projections, annual growth rate -0.2397 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -1.07 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.2397 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate 0.1096 % change on previous year (2100)
- Projected population under age 5, annual growth rate -0.4747 % change on previous year (2100)
- Population growth rate -0.247 (2100)
- Population density 46.18 (2100)
- Projected population under age 5 2,935 (2100)
- Population growth rate by level of development -0.247 (2100)
- Urbanization vs gdp, annual growth rate 0.5838 % change on previous year (2025)
Frequently asked questions
- What is gdp deflator in Faroe Islands?
- Gdp deflator in Faroe Islands was 132.29 base year varies by country in 2023, according to UNESCO Institute for Statistics.
- What is the highest gdp deflator recorded in Faroe Islands?
- The highest recorded value was 132.29 base year varies by country in 2023.
- What is the lowest gdp deflator recorded in Faroe Islands?
- The lowest recorded value was 92.04 base year varies by country in 2008.
- How does Faroe Islands rank for gdp deflator?
- Faroe Islands ranks 100th out of 211 countries with data for 2023.
- Is gdp deflator rising or falling in Faroe Islands?
- Over the last ten years it is up 34.8%. The long-run trend across the full record is rising.
- Where does this Faroe Islands data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP deflator (base year varies by country). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release