Faroe Islands — Gross capital formation (% of GDP)
% of GDP · Annual · 1998–2024 · 27 observations
About this series
Gross capital formation records investment in fixed assets, changes in inventories and, where included, valuables during the period. It is a flow in the expenditure account of GDP. This series expresses the aggregate as a percentage of GDP for the matching period.
In the Faroe Islands, the gross capital formation reading was 28.2% of GDP in 2024, compared with 31.4% of GDP in 2023. The period change was −3.21 percentage points. The latest reading was below the selected 10-year average of 28.3% of GDP.
Get the full series
- Annual data, 1998–2024
- All 2 sources, downloadable
Latest observations
2015–2024
| Period | Value |
|---|---|
| 2024 | 28.2 % of GDP |
| 2023 | 31.4 % of GDP |
| 2022 | 32.3 % of GDP |
| 2021 | 28.9 % of GDP |
| 2020 | 28.3 % of GDP |
5 earlier values, back to 2015
| 2019 | 28.1 % of GDP |
| 2018 | 32.1 % of GDP |
| 2017 | 23.7 % of GDP |
| 2016 | 23.5 % of GDP |
| 2015 | 26.4 % of GDP |