Faroe Islands — Nominal GDP (USD)
millions of USD · Annual · 1962–2024 · 63 observations
About this series
Nominal GDP is the market value of final goods and services produced within a country during the period, measured at current prices. It combines changes in output and prices. This series reports the amount in millions of US dollars.
The nominal GDP reading for the Faroe Islands was 3.91B USD in 2024. The previous reading was 4.03B USD in 2023; the period change was −2.88%. Relative to the selected 10-year average of 3.34B USD, the latest reading was above.
Get the full series
- Annual data, 1962–2024
- The underlying source, downloadable
Latest observations
2012–2024
| Period | Value |
|---|---|
| 2024 | 3.91B USD |
| 2023 | 4.03B USD |
| 2022 | 3.67B USD |
| 2021 | 3.55B USD |
| 2020 | 3.53B USD |
8 earlier values, back to 2012
| 2019 | 3.26B USD |
| 2018 | 3.09B USD |
| 2017 | 3.17B USD |
| 2016 | 2.69B USD |
| 2015 | 2.54B USD |
| 2014 | 2.67B USD |
| 2013 | 2.79B USD |
| 2012 | 2.48B USD |