Faroe Islands
Faroe Islands, located in the region of Europe & Central Asia, is an internationally classified economy with a "High income" income level. It is home to a demographic force of approximately 0.1 million inhabitants.
From a quantitative perspective, Positioning itself as an export-oriented powerhouse, the export sector represents more than 54.6% of GDP, making it highly sensitive to global trade cycles.
Delving deeper into its institutional metrics, Furthermore, it generates a structural trade surplus, exporting 3.4% more than it imports relative to its GDP.
Demographically, it faces the structural challenge of an aging workforce, with 17.8% over 65 years old.
Monetary Policy RateInterest rate set by the Central Bank. Determines the base cost of money in the economy.
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10-Year Bond YieldInterest paid by the government to borrow for 10 years. Reflects market confidence in its solvency.
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SpreadInterest rate difference compared to the safe-haven bond (US/Germany). Indicates the country risk premium.
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GDP Evolution (10 years)
$0.00T
+0.84%
Data from 2024
Historical Inflation (CPI)
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Data from
GDP per Capita
$74,175
YEAR 2024
Unemployment
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YEAR
Debt to GDP
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YEAR
Active Population
0.1M
YEAR 2025
Structural Metrics (Hedge Fund)
Population > 65 Years
17.8%
YEAR 2025
Gini IndexMeasures income inequality. 0 is total equality, 100 is extreme inequality.
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YEAR -
Exports (% GDP)
54.6%
YEAR 2024
Imports (% GDP)
51.2%
YEAR 2024
FDI (% GDP)Foreign Direct Investment. Foreign capital productively invested in this economy.
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YEAR -
View Raw History (Structured Data)
| Year | GDP (USD) | Growth (%) | Inflation (%) | Unemployment (%) | Debt/GDP (%) | Exports (%GDP) | Imports (%GDP) | FDI (%GDP) |
|---|---|---|---|---|---|---|---|---|
| 2025 | --- | --- | --- | --- | --- | --- | --- | --- |
| 2024 | $4.05B | 0.84 | --- | --- | --- | 54.56 | 51.20 | --- |
| 2023 | $3.94B | 3.16 | --- | --- | --- | 57.19 | 56.14 | --- |
| 2022 | $3.62B | 3.86 | --- | --- | --- | 61.37 | 61.49 | --- |
| 2021 | $3.70B | 5.07 | --- | --- | --- | 51.98 | 51.51 | --- |
| 2020 | $3.27B | -1.64 | --- | --- | --- | 47.43 | 48.80 | --- |
| 2019 | $3.27B | 4.54 | --- | --- | --- | 55.77 | 52.85 | --- |
| 2018 | $3.19B | 2.76 | --- | --- | --- | 52.82 | 54.06 | --- |
| 2017 | $2.98B | 3.51 | --- | --- | --- | 56.37 | 50.87 | --- |
| 2016 | $2.81B | 1.39 | --- | --- | --- | 54.54 | 50.02 | --- |
