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World Bank · Economy

Faroe Islands: Gross capital formation (current US$)

1.14Bcurrent USD · 2024+80.1% since 2014

Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars. Annual figures for Faroe Islands from 1998 to 2024.

19982024

Every year

YearValue (current USD)Note
20241,141,710,235.223
20231,237,310,303.869
20221,168,572,998.528
20211,067,930,528.988
2020924,558,157.622
2019901,978,829.729
2018947,373,071.915
2017699,117,795.79
2016623,525,822.086
2015616,908,051.791
2014634,034,908.357
2013580,950,630.948
2012637,326,766.654
2011407,378,902.053
2010455,185,963.914
2009402,696,056.44
2008651,513,270.255
2007751,914,919.647
2006578,531,769.641
2005387,432,861.257
2004349,003,523.084
2003471,729,546.989
2002297,008,859.346
2001303,070,462.801
2000328,857,187.253
1999266,834,283.224
1998244,357,897.913

Source

Published by World Bank, produced by OECD, World Bank. Licence: CC BY 4.0. Retrieved 2026-11-07.

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Cite or download

World Bank (2026). Gross capital formation (current US$). Interva. https://interva.co/dataset/worldbank-gross-capital-formation (accessed 2026-11-08). catalog snapshot 2026-11-07.

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Faroe Islands: Gross capital formation (current US$) (1998–2024) · Interva