World Bank · Economy

Faroe Islands: Gross savings (current US$)

721.07Mcurrent USD · 2011+58.2% since 2001

Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. 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 2011.

19982011

Every year

YearValue (current USD)Note
2011721,068,201.276
2010544,346,076.739
2009274,511,378.225
2008528,938,525.654
2007665,665,925.07
2006508,954,048.212
2005283,559,735.949
2004439,631,461.647
2003428,251,801.975
2002432,792,290.165
2001455,717,078.13
2000431,709,889.607
1999439,275,957.593
1998463,236,739.125

Source

Published by World Bank, produced by National statistical offices, Central banks, World Bank. Licence: CC BY 4.0. Retrieved 2026-11-07.

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Cite or download

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

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Faroe Islands: Gross savings (current US$) (1998–2011) · Interva