Faroe Islands — Gross fixed capital formation
millions of DKK · Annual · 1998–2024 · 27 observations
About this series
Gross fixed capital formation is the value of fixed assets acquired less the value of fixed assets disposed of during the period for use in production. It excludes changes in inventories.
In the Faroe Islands, the gross fixed capital formation reading was 7.87B DKK in 2024, compared with 8.52B DKK in 2023. The period change was −7.66%. The latest reading was above the selected 10-year average of 6.24B DKK. 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 | 7.87B DKK |
| 2023 | 8.52B DKK |
| 2022 | 8.27B DKK |
| 2021 | 6.71B DKK |
| 2020 | 6.05B DKK |
5 earlier values, back to 2015
| 2019 | 6.02B DKK |
| 2018 | 5.98B DKK |
| 2017 | 4.62B DKK |
| 2016 | 4.20B DKK |
| 2015 | 4.15B DKK |