Faroe Islands GDP in 2016

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Data from the World Bank and China Bureau of Statistics.

Unit ( Billions of US dollars )
GDP Share of World GDP
$2.81 billion 0.0037%
Data Compare

According to the latest statistical data released by the World Bank in 2024, Faroe Islands's gross domestic product(GDP) in 2016 was $2.81 billion, an increase of 9.48% over 2015, and GDP accounted for 0.0037% of the world's total economy. In 2016, Faroe Islands's GDP ranked 177th in the world and 47th in European countries.