GDP deflator in Faroe Islands

Faroe Islands: GDP deflator was 132.29 base year varies by country in 2023. β–² 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

0501001502008201520232008: 92 base year varies by country2009: 93.5 base year varies by country2010: 100 base year varies by country2011: 99 base year varies by country2012: 96.7 base year varies by country2013: 98.1 base year varies by country2014: 100.8 base year varies by country2015: 105.7 base year varies by country2016: 114 base year varies by country2017: 114.4 base year varies by country2018: 113.9 base year varies by country2019: 117.9 base year varies by country2020: 117.8 base year varies by country2021: 120.2 base year varies by country2022: 127.1 base year varies by country2023: 132.3 base year varies by country

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 97 Burkina Faso 132.55 base year varies by country compare
  2. 98 Uganda 132.47 base year varies by country compare
  3. 99 Serbia 132.39 base year varies by country compare
  4. 101 Samoa 131.88 base year varies by country compare
  5. 102 Bhutan 130.5 base year varies by country compare
  6. 103 Mozambique, Republic of 130.26 base year varies by country compare

See the full ranking of 211 places β†’

More population data for Faroe Islands

All data for Faroe Islands β†’

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.

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GDP deflator in Faroe Islands. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 18 August 2026, from https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-2/faroe-islands/

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About this data

Indicator
GDP deflator (base year varies by country)
Unit
base year varies by country
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,200 data points, 1970–2024
Last refreshed

February 2026 Data Release