IntervaOpen the desk

World Bank · Economy

Faroe Islands: Gross capital formation (current LCU)

7.87Bcurrent LCU · 2024+121.2% 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 series is expressed in local currency units. Annual figures for Faroe Islands from 1998 to 2024.

19982024

Every year

YearValue (current LCU)Note
20247,871,500,000
20238,524,700,000
20228,269,000,000
20216,714,200,000
20206,048,600,000
20196,015,700,000
20185,982,300,000
20174,616,200,000
20164,197,400,000
20154,150,500,000
20143,558,500,000
20133,262,800,000
20123,691,700,000
20112,187,100,000
20102,560,000,000
20092,158,800,000
20083,321,500,000
20074,093,200,000
20063,440,400,000
20052,323,400,000
20042,090,900,000
20033,107,600,000
20022,344,800,000
20012,522,400,000
20002,658,200,000
19991,861,500,000
19981,637,400,000

Source

Published by World Bank, produced by OECD, World Bank. Licence: CC BY 4.0. Retrieved 2026-11-08.

The dataset for every country, with quality and provenance →

Cite or download

World Bank (2026). Gross capital formation (current LCU). Interva. https://interva.co/dataset/worldbank-gross-capital-formation-cn (accessed 2026-11-15). catalog snapshot 2026-11-08.

JSON, Faroe IslandsAPI and MCP

Gross capital formation (current LCU) in other countries

Rank Faroe Islands against its region, see where publishers disagree, or ask a question in plain words on the Interva desk.

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