GNI in Faroe Islands
Faroe Islands: GNI was 27.11 billion current LCU in 2023. β Volatile
GNI in Faroe Islands, 1970β2023
Source: UNESCO Institute for Statistics. Measured in current LCU.
Analysis
The most recent figure for gni in Faroe Islands is 27.11 billion current LCU, measured in 2023. That is the highest value across all 44 years on record.
The figure is up 4.8% on the previous year and up 70.2% over ten years.
Over the whole period, gni in Faroe Islands peaked at 27.11 billion current LCU in 2023 and was at its lowest, 570.60 million current LCU, in 1970.
Faroe Islands ranks 166th of 204 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.25 billion current LCU | 570.60 million current LCU | 2.08 billion current LCU | 10 |
| 1980s | 4.04 billion current LCU | 2.47 billion current LCU | 5.62 billion current LCU | 8 |
| 1990s | 7.90 billion current LCU | 7.63 billion current LCU | 8.17 billion current LCU | 2 |
| 2000s | 11.15 billion current LCU | 8.96 billion current LCU | 13.11 billion current LCU | 10 |
| 2010s | 17.60 billion current LCU | 13.28 billion current LCU | 22.41 billion current LCU | 10 |
| 2020s | 24.69 billion current LCU | 21.92 billion current LCU | 27.11 billion current LCU | 4 |
Countries ranked near Faroe Islands
More population data for Faroe Islands
- Population growth rate by level of development -0.247 (2100)
- Projected population under age 5 2,935 (2100)
- Population density 46.18 (2100)
- Population growth rate -0.247 (2100)
- Fertility and wanted fertility 1.91 (2024)
- Fertility vs unmet contraception 1.91 (2024)
- Fertility vs contraception 1.91 (2024)
- Natural population growth 0.2303 (2023)
- Fertility rate with projections 2.24 (2023)
- Children per woman fertility rate vs level of prosperity 2.24 (2023)
Frequently asked questions
- What is gni in Faroe Islands?
- Gni in Faroe Islands was 27.11 billion current LCU in 2023, according to UNESCO Institute for Statistics.
- What is the highest gni recorded in Faroe Islands?
- The highest recorded value was 27.11 billion current LCU in 2023.
- What is the lowest gni recorded in Faroe Islands?
- The lowest recorded value was 570.60 million current LCU in 1970.
- How does Faroe Islands rank for gni?
- Faroe Islands ranks 166th out of 204 countries with data for 2023.
- Is gni rising or falling in Faroe Islands?
- Over the last ten years it is up 70.2%. The long-run trend across the full record is volatile.
- Where does this Faroe Islands data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GNI (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 44 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release