Faroe Islands GDP in 2020

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Data from the World Bank and China Bureau of Statistics.

Unit ( Billions of US dollars )
GDP Share of World GDP
$3.24 billion 0.0038%
Data Compare

According to the latest statistical data released by the World Bank in 2024, Faroe Islands's gross domestic product(GDP) in 2020 was $3.24 billion, an increase of -0.86% over 2019, and GDP accounted for 0.0038% of the world's total economy. In 2020, Faroe Islands's GDP ranked 169th in the world and 46th in European countries.

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