Faroe Islands FO: GDP: USD: Gross Value Added at Factor Cost

1998 - 2015 | Yearly | USD mn | World Bank

Faroe Islands FO: GDP: USD: Gross Value Added at Factor Cost data was reported at 2.195 USD bn in 2015. This records a decrease from the previous number of 2.480 USD bn for 2014. Faroe Islands FO: GDP: USD: Gross Value Added at Factor Cost data is updated yearly, averaging 1.810 USD bn from Dec 1998 (Median) to 2015, with 18 observations. The data reached an all-time high of 2.480 USD bn in 2014 and a record low of 919.078 USD mn in 2000. Faroe Islands FO: GDP: USD: Gross Value Added at Factor Cost data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Faroe Islands – Table FO.World Bank: Gross Domestic Product: Nominal. Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;

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Faroe Islands Faroe Islands FO: GDP: USD: Gross Value Added at Factor Cost

What was Faroe Islands's Faroe Islands FO: GDP: USD: Gross Value Added at Factor Cost in 2015?

Last	Previous	Min	Max	Unit	Frequency	Range
2,195.38 2015	2,479.88 2014	919.08 2000	2,479.88 2014	USD mn	yearly	1998 - 2015

Related Indicators for Faroe Islands FO: GDP: USD: Gross Value Added at Factor Cost

Related indicators	Last	Frequency	Range
Faroe Islands FO: GDP: USD: Gross Value Added at Factor Cost (USD mn)	2,195.38 2015	yearly	1998 - 2015
Faroe Islands FO: GDP: per Capita (DKK)	340,310.43 2015	yearly	1998 - 2015
Faroe Islands FO: GDP: GNI per Capita (DKK)	295,668.43 2012	yearly	1960 - 2012
Faroe Islands FO: Adjusted Savings: Carbon Dioxide Damage (USD mn)	15.47 2016	yearly	1970 - 2016
Faroe Islands FO: Adjusted Savings: Carbon Dioxide Damage: % of GNI (%)	0.63 2012	yearly	1970 - 2012
Faroe Islands FO: Adjusted Savings: Mineral Depletion (USD mn)	0.00 2016	yearly	1970 - 2016
Faroe Islands FO: Adjusted Savings: Mineral Depletion: % of GNI (%)	0.00 2012	yearly	1970 - 2012
Faroe Islands FO: GDP: USD (USD mn)	2,476.75 2015	yearly	1998 - 2015
Faroe Islands FO: GDP (DKK mn)	16,663.30 2015	yearly	1998 - 2015
Faroe Islands FO: GDP: USD: per Capita (USD)	50,581.97 2015	yearly	1998 - 2015
Faroe Islands FO: GDP: USD: Gross National Income (USD mn)	2,484.07 2012	yearly	1965 - 2012
Faroe Islands FO: GDP: Gross National Income (DKK mn)	14,389.00 2012	yearly	1960 - 2012
Faroe Islands FO: GDP: USD: Net Income from Abroad (USD mn)	127.58 2012	yearly	1998 - 2012
Faroe Islands FO: GDP: Net Income from Abroad (DKK mn)	739.00 2012	yearly	1998 - 2012
Faroe Islands FO: GDP: Final Consumption Expenditure: Household: Include Discrep... (DKK mn)	7,626.00 2013	yearly	1998 - 2013
Faroe Islands FO: GDP: USD: Net Taxes on Product (USD mn)	281.37 2015	yearly	1998 - 2015
Faroe Islands FO: GDP: Final Consumption Expenditure: Include Discrepancy (DKK mn)	11,976.00 2013	yearly	1998 - 2013
Faroe Islands FO: GDP: Gross National Expenditure (DKK mn)	15,629.00 2013	yearly	1998 - 2013
Faroe Islands FO: GDP: Exports of Goods and Services (DKK mn)	7,433.00 2013	yearly	1998 - 2013
Faroe Islands FO: GDP: Net Taxes on Product (DKK mn)	1,893.00 2015	yearly	1998 - 2015
Faroe Islands FO: GDP: USD: Final Consumption Expenditure: Include Discrepancy (USD mn)	2,132.36 2013	yearly	1998 - 2013
Faroe Islands FO: GDP: USD: Exports of Goods and Services (USD mn)	1,323.47 2013	yearly	1998 - 2013
Faroe Islands FO: GDP: Net Current Transfer from Abroad (DKK mn)	854.00 2012	yearly	1998 - 2012
Faroe Islands FO: GDP: Gross Value Added at Factor Cost: Industry: Manufacturing (DKK mn)	863.00 2013	yearly	1998 - 2013
Faroe Islands FO: GDP: Discrepancy (DKK mn)	0.00 2013	yearly	1998 - 2013
Faroe Islands FO: GDP: Gross Savings (DKK mn)	3,335.61 2011	yearly	1998 - 2011
Faroe Islands FO: GDP: USD: Net Current Transfer from Abroad (USD mn)	147.43 2012	yearly	1998 - 2012
Faroe Islands FO: GDP: USD: Final Consumption Expenditure: Household (USD mn)	1,357.83 2013	yearly	1998 - 2013
Faroe Islands FO: GDP: USD: Final Consumption Expenditure (USD mn)	2,132.36 2013	yearly	1998 - 2013
Faroe Islands FO: GDP: USD: Gross Value Added at Factor Cost: Services (USD mn)	1,530.19 2013	yearly	1998 - 2013
Faroe Islands FO: GDP: Gross Value Added at Factor Cost: Services (DKK mn)	8,594.00 2013	yearly	1998 - 2013
Faroe Islands FO: GDP: Gross Domestic Savings (DKK mn)	2,702.00 2013	yearly	1998 - 2013
Faroe Islands FO: GDP: USD: Final Consumption Expenditure: Household: Include Di... (USD mn)	1,357.83 2013	yearly	1998 - 2013
Faroe Islands FO: GDP: Imports of Goods and Services (DKK mn)	8,384.00 2013	yearly	1998 - 2013
Faroe Islands FO: GDP: USD: Gross Savings (USD mn)	621.31 2011	yearly	1998 - 2011
Faroe Islands FO: GDP: USD: Gross National Expenditure (USD mn)	2,782.79 2013	yearly	1998 - 2013
Faroe Islands FO: GDP: Final Consumption Expenditure: Household (DKK mn)	7,626.00 2013	yearly	1998 - 2013
Faroe Islands FO: Adjusted Savings: Gross Savings: % of GNI (%)	24.07 2011	yearly	1998 - 2011
Faroe Islands FO: GDP: Gross Value Added at Factor Cost (DKK mn)	14,770.30 2015	yearly	1998 - 2015
Faroe Islands FO: GDP: Gross Capital Formation (DKK mn)	3,653.00 2013	yearly	1998 - 2013
Faroe Islands FO: GDP: Final Consumption Expenditure (DKK mn)	11,976.00 2013	yearly	1998 - 2013
Faroe Islands FO: GDP: External Balance of Goods and Services (DKK mn)	-951.00 2013	yearly	1998 - 2013
Faroe Islands FO: GDP: USD: Imports of Goods and Services (USD mn)	1,492.80 2013	yearly	1998 - 2013
Faroe Islands FO: GDP: USD: External Balance of Goods and Services (USD mn)	-169.33 2013	yearly	1998 - 2013
Faroe Islands FO: GDP: USD: Gross Capital Formation (USD mn)	650.43 2013	yearly	1998 - 2013
Faroe Islands FO: GDP: USD: Gross Value Added at Factor Cost: Industry: Manufact... (USD mn)	153.66 2013	yearly	1998 - 2013
Faroe Islands FO: GDP: Final Consumption Expenditure: General Government (DKK mn)	4,350.00 2013	yearly	1998 - 2013
Faroe Islands FO: GDP: USD: Gross Domestic Savings (USD mn)	481.10 2013	yearly	1998 - 2013
Faroe Islands FO: GDP: USD: Final Consumption Expenditure: General Government (USD mn)	774.53 2013	yearly	1998 - 2013

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Faroe Islands Key Series

Foreign Trade	Last	Frequency	Range
Aluminum: Exports (USD th)	2.972 2023	yearly	1996 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th)	3.602 2023	yearly	1995 - 2023
Imports: Medicament (USD th)	26,160.640 2023	yearly	1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th)	6,634.409 2023	yearly	1995 - 2023

Transport and Telecommunications	Last	Frequency	Range
Exports: ICT Goods (USD th)	169.934 2009	yearly	2006 - 2009
Exports: Telecommunication Equipment (USD th)	380.228 2023	yearly	1995 - 2023
Exports: Television (USD th)	24.808 2023	yearly	1995 - 2023
Imports: ICT Goods (USD th)	33,342.955 2009	yearly	2000 - 2009
Imports: Telecommunication Equipment (USD th)	13,254.160 2023	yearly	1995 - 2023
Imports: Television (USD th)	4,243.754 2023	yearly	1995 - 2023
Liner Shipping Connectivity Index (2004=100)	4.780 2018	yearly	2004 - 2018
Number of Subscriber Mobile (Person)	59,213.000 2021	yearly	1960 - 2021
Teledensity: Mobile (Number)	111.959 2021	yearly	1960 - 2021

More Indicators for Faroe Islands

Indicators	Last	Frequency	Range
Faroe Islands FO: Population: Total (Person)	49,117.00 2016	yearly	1960 - 2016
Faroe Islands FO: Rural Population (Person)	28,396.00 2016	yearly	1960 - 2016
Faroe Islands FO: Rural Population Growth (%)	-0.08 2016	yearly	1960 - 2016
Faroe Islands FO: Rural Population: % of Total Population (%)	57.81 2016	yearly	1960 - 2016
Faroe Islands FO: Urban Population Growth (%)	0.84 2016	yearly	1960 - 2016
Faroe Islands FO: Urban Population (Person)	20,721.00 2016	yearly	1960 - 2016
Faroe Islands FO: Urban Population: % of Total Population (%)	42.19 2016	yearly	1960 - 2016
Faroe Islands FO: Goods Trade: % of GDP (%)	77.55 2015	yearly	1998 - 2015
Faroe Islands FO: Imports: % of Goods Imports: Agricultural Raw Materials (%)	3.07 2009	yearly	1976 - 2009
Faroe Islands FO: Imports: % of Goods Imports: Food (%)	17.06 2009	yearly	1976 - 2009
Faroe Islands FO: Imports: % of Goods Imports: Fuel (%)	15.77 2009	yearly	1976 - 2009
Faroe Islands FO: ICT: Goods Imports: % Total Goods Imports (%)	4.26 2009	yearly	2000 - 2009
Faroe Islands FO: Imports: % of Commercial Service Imports: Services: Insurance ... (%)	0.82 2011	yearly	1998 - 2011
Faroe Islands FO: Imports: % of Goods Imports: Manufactures (%)	62.27 2009	yearly	1976 - 2009
Faroe Islands FO: Imports: % of Goods Imports: Ores & Metals (%)	0.94 2009	yearly	1976 - 2009
Faroe Islands FO: Imports: Goods (USD mn)	975.56 2016	yearly	1980 - 2016
Faroe Islands FO: Imports: High-Income Economies: % of Total Goods Imports (%)	81.87 2016	yearly	1962 - 2016
Faroe Islands FO: Imports: Low- and Middle-Income Economies: % of Total Goods Im... (%)	1.30 2016	yearly	1968 - 2016
Faroe Islands FO: Imports: Low- and Middle-Income Economies: % of Total Goods Im... (%)	0.16 2016	yearly	1968 - 2016
Faroe Islands FO: Imports: % of Total Goods Imports: Residual (%)	0.82 2016	yearly	1962 - 2016
Faroe Islands FO: Imports: Goods: by Reporting Economy (USD mn)	1,180.89 2016	yearly	1962 - 2016
Faroe Islands FO: Imports: % of Commercial Service Imports: Services: Computer, ... (%)	50.91 2011	yearly	1998 - 2011
Faroe Islands FO: Imports: Commercial Service (USD mn)	394.20 2011	yearly	1998 - 2011
Faroe Islands FO: Imports: % of Commercial Service Imports: Services: Transport (%)	23.83 2011	yearly	1998 - 2011
Faroe Islands FO: Imports: % of Commercial Service Imports: Services: Travel (%)	24.44 2011	yearly	1998 - 2011
Faroe Islands FO: Exports: % of Goods Exports: Agricultural Raw Materials (%)	1.66 2009	yearly	1976 - 2009
Faroe Islands FO: Exports: % of Goods Exports: Food (%)	88.05 2009	yearly	1976 - 2009
Faroe Islands FO: Exports: % of Goods Exports: Fuel (%)	2.81 2009	yearly	1997 - 2009
Faroe Islands FO: ICT: Goods Exports: % of Total Goods Exports (%)	0.02 2009	yearly	2006 - 2009
Faroe Islands FO: Exports: % of Commercial Service Exports: Services: Insurance ... (%)	0.78 2011	yearly	1998 - 2011
Faroe Islands FO: Exports: % of Goods Exports: Manufactures (%)	7.37 2009	yearly	1976 - 2009
Faroe Islands FO: Exports: % of Goods Exports: Ores & Metals (%)	0.11 2009	yearly	1976 - 2009
Faroe Islands FO: Exports: Goods (USD mn)	1,182.65 2016	yearly	1980 - 2016
Faroe Islands FO: Exports: High-Income Economies: % of Total Goods Exports (%)	63.81 2016	yearly	1962 - 2016
Faroe Islands FO: Exports: Low- and Middle-Income Economies: % of Total Goods Ex... (%)	1.49 2016	yearly	1964 - 2016
Faroe Islands FO: Exports: Low- and Middle-Income Economies: % of Total Goods Ex... (%)	0.00 2016	yearly	1982 - 2016
Faroe Islands FO: Exports: % of Total Goods Exports: Residual (%)	0.00 2016	yearly	1962 - 2016
Faroe Islands FO: Exports: Goods: by Reporting Economy (USD mn)	1,548.98 2016	yearly	1962 - 2016
Faroe Islands FO: Exports: % of Commercial Service Exports: Services: Computer, ... (%)	38.69 2011	yearly	1998 - 2011
Faroe Islands FO: Exports: Commercial Service (USD mn)	206.81 2011	yearly	1998 - 2011
Faroe Islands FO: High-Technology Exports (USD mn)	0.35 2009	yearly	1990 - 2009
Faroe Islands FO: High-Technology Exports: % of Manufactured Exports (%)	0.62 2009	yearly	1990 - 2009
Faroe Islands FO: Exports: % of Commercial Service Exports: Services: Transport (%)	40.59 2011	yearly	1998 - 2011
Faroe Islands FO: Exports: % of Commercial Service Exports: Services: Travel (%)	19.94 2011	yearly	1998 - 2011
Faroe Islands FO: BOP: Current Account: Secondary Income: Other Sectors: Payment... (USD mn)	24.20 2011	yearly	1998 - 2011
Faroe Islands FO: Fixed Telephone Subscriptions (Unit)	20,193.00 2016	yearly	1960 - 2016
Faroe Islands FO: Fixed Telephone Subscriptions: per 100 People (Number)	41.11 2016	yearly	1960 - 2016
Faroe Islands FO: Fixed Broadband Internet Subscribers (Person)	17,973.00 2016	yearly	2001 - 2016
Faroe Islands FO: Fixed Broadband Internet Subscribers: per 100 People (Ratio)	36.59 2016	yearly	2001 - 2016
Faroe Islands FO: Mineral Rents: % of GDP (%)	0.00 2015	yearly	1998 - 2015
Faroe Islands FO: Total Natural Resources Rents: % of GDP (%)	0.00 2015	yearly	1998 - 2015
Faroe Islands FO: GDP: USD: Net Income from Abroad (USD mn)	127.58 2012	yearly	1998 - 2012
Faroe Islands FO: GDP: Net Income from Abroad (DKK mn)	739.00 2012	yearly	1998 - 2012
Faroe Islands FO: CO2 Emissions from Solid Fuel Consumption: % of Total (%)	0.00 2014	yearly	1960 - 2014
Faroe Islands FO: Exports: fob: Emerging and Developing Economies: Sub-Saharan A... (USD mn)	56.36 2017	yearly	1964 - 2017
Faroe Islands FO: Imports: cif: Emerging and Developing Economies: Sub-Saharan A... (USD mn)	1.52 2017	yearly	1968 - 2017
Faroe Islands FO: Exports: fob: Emerging and Developing Economies: Europe: CIS: ... (USD mn)	0.65 2016	yearly	2009 - 2016
Faroe Islands FO: Export Value Index (2000=100)	249.50 2016	yearly	1995 - 2016
Faroe Islands FO: Fish Species: Threatened (Unit)	12.00 2017	yearly	2017 - 2017
Faroe Islands FO: Export Volume Index (2000=100)	150.41 2016	yearly	2000 - 2016
Faroe Islands FO: Mammal Species: Threatened (Unit)	4.00 2017	yearly	2017 - 2017
Faroe Islands FO: Net Barter Terms of Trade Index (2000=100)	119.78 2016	yearly	2000 - 2016
Faroe Islands FO: Import Volume Index (2000=100)	132.16 2016	yearly	2000 - 2016
Faroe Islands FO: Import Value Index (2000=100)	183.03 2016	yearly	1995 - 2016
Faroe Islands FO: CO2 Emissions from Liquid Fuel Consumption: % of Total (%)	100.00 2014	yearly	1960 - 2014
Faroe Islands FO: Population Living in Areas Where Elevation is Below 5 Meters: ... (%)	6.77 2010	yearly	1990 - 2010
Faroe Islands FO: CO2 Emissions from Solid Fuel Consumption (kt)	0.00 2014	yearly	1960 - 2014
Faroe Islands FO: Land Area Where Elevation is Below 5 Meters: % of Total Land A... (%)	7.70 2010	yearly	1990 - 2010
Faroe Islands FO: CO2 Emissions from Liquid Fuel Consumption (kt)	597.72 2014	yearly	1960 - 2014
Faroe Islands FO: CO2 Emissions from Gaseous Fuel Consumption: % of Total (%)	0.00 2014	yearly	1960 - 2014
Faroe Islands FO: CO2 Emissions from Gaseous Fuel Consumption (kt)	0.00 2014	yearly	1960 - 2014
Faroe Islands FO: Production Index: 2004-2006: Food (2004-2006=100)	101.60 2014	yearly	1961 - 2014
Faroe Islands FO: Production Index: 2004-2006: Crop (2004-2006=100)	111.18 2014	yearly	1961 - 2014
Faroe Islands FO: Production Index: 2004-2006: Livestock (2004-2006=100)	100.17 2014	yearly	1966 - 2014
Faroe Islands FO: GDP: Final Consumption Expenditure: Household: Include Discrep... (DKK mn)	7,626.00 2013	yearly	1998 - 2013
Faroe Islands FO: Marine Protected Areas: % of Total Surface Area (%)	0.01 2016	yearly	1990 - 2016
Faroe Islands FO: Energy Related Methane Emissions: % of Total (%)	0.00 2008	yearly	1970 - 2008
Faroe Islands FO: GDP: USD: Net Taxes on Product (USD mn)	281.37 2015	yearly	1998 - 2015
Faroe Islands FO: Agricultural Methane Emissions: % of Total (%)	36.00 2008	yearly	1970 - 2008
Faroe Islands FO: GDP: Final Consumption Expenditure: Include Discrepancy (DKK mn)	11,976.00 2013	yearly	1998 - 2013
Faroe Islands FO: GDP: Gross National Expenditure (DKK mn)	15,629.00 2013	yearly	1998 - 2013
Faroe Islands FO: Terrestrial & Marine Protected Areas: % of Total Territorial A... (%)	0.02 2016	yearly	1990 - 2016
Faroe Islands FO: GDP: Exports of Goods and Services (DKK mn)	7,433.00 2013	yearly	1998 - 2013
Faroe Islands FO: GDP: Net Taxes on Product (DKK mn)	1,893.00 2015	yearly	1998 - 2015
Faroe Islands FO: GDP: USD: Final Consumption Expenditure: Include Discrepancy (USD mn)	2,132.36 2013	yearly	1998 - 2013
Faroe Islands FO: GDP: % of GDP: Gross National Expenditure (%)	106.48 2013	yearly	1998 - 2013
Faroe Islands FO: Exports: Low- and Middle-Income Economies: % of Total Goods Ex... (%)	8.97 2016	yearly	1977 - 2016
Faroe Islands FO: GDP: USD: Exports of Goods and Services (USD mn)	1,323.47 2013	yearly	1998 - 2013
Faroe Islands FO: GDP: Net Current Transfer from Abroad (DKK mn)	854.00 2012	yearly	1998 - 2012
Faroe Islands FO: GDP: Gross Value Added at Factor Cost: Industry: Manufacturing (DKK mn)	863.00 2013	yearly	1998 - 2013
Faroe Islands FO: Exports: Low- and Middle-Income Economies: % of Total Goods Ex... (%)	3.63 2016	yearly	1964 - 2016
Faroe Islands FO: GDP: Discrepancy (DKK mn)	0.00 2013	yearly	1998 - 2013
Faroe Islands FO: Exports: Low- and Middle-Income Economies: % of Total Goods Ex... (%)	36.19 2016	yearly	1964 - 2016
Faroe Islands FO: Imports: % of Total Goods Imports: The Arab World (%)	0.08 2016	yearly	1968 - 2016
Faroe Islands FO: BOP: Current Account: Imports: Service: Communications, Comput... (%)	50.91 2011	yearly	1998 - 2011
Faroe Islands FO: Nitrous Oxide Emissions: Thousand Metric Tons of CO2 Equivalen... (Metric Ton th)	6.73 2012	yearly	1970 - 2012
Faroe Islands FO: GDP: Gross Savings (DKK mn)	3,335.61 2011	yearly	1998 - 2011
Faroe Islands FO: Agricultural Nitrous Oxide Emissions: % of Total (%)	86.62 2008	yearly	1970 - 2008
Faroe Islands FO: Exports: % of Total Goods Exports: The Arab World (%)	0.17 2016	yearly	1989 - 2016
Faroe Islands FO: GDP: % of GDP: Final Consumption Expenditure: General Governme... (%)	29.64 2013	yearly	1998 - 2013

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