Faroe Islands — Gross capital formation (USD)
millions of USD · 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 reports the amount in millions of US dollars.
In the Faroe Islands, the gross capital formation reading was 1.10B USD in 2024, compared with 1.26B USD in 2023. The period change was −12.8%. The latest reading was above the selected 10-year average of 953.54M USD. The corresponding ratio to GDP was 28.2% in 2024.
Get the full series
- Annual data, 1998–2024
- The underlying source, downloadable
Latest observations
2015–2024
| Period | Value |
|---|---|
| 2024 | 1.10B USD |
| 2023 | 1.26B USD |
| 2022 | 1.19B USD |
| 2021 | 1.02B USD |
| 2020 | 998.47M USD |
5 earlier values, back to 2015
| 2019 | 916.84M USD |
| 2018 | 992.78M USD |
| 2017 | 750.01M USD |
| 2016 | 632.01M USD |
| 2015 | 670.08M USD |