Faroe Islands — Gross fixed capital formation (USD)
millions of USD · 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. This series reports the amount in millions of US dollars.
The gross fixed capital formation reading for the Faroe Islands was 1.10B USD in 2024. The previous reading was 1.26B USD in 2023; the period change was −12.8%. Relative to the selected 10-year average of 933.90M USD, the latest reading was above. 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 | 901.07M USD |
| 2018 | 917.67M USD |
| 2017 | 743.66M USD |
| 2016 | 595.17M USD |
| 2015 | 607.73M USD |