Annual change in GDP and CO₂ emissions in Faroe Islands
Faroe Islands: Annual change in GDP and CO₂ emissions was 0.8% in 2024. ◆ Volatile
Annual change in GDP and CO₂ emissions in Faroe Islands, 2009–2024
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in annual %.
Analysis
Faroe Islands recorded 0.8% for annual change in gdp and co₂ emissions in 2024.
That represents a change of down 73.3% on the previous year and down 84.5% over ten years.
Over the whole period, annual change in gdp and co₂ emissions in Faroe Islands peaked at 7.1% in 2012 and was at its lowest, -4.6%, in 2009.
Faroe Islands ranks 177th of 212 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual change in GDP and CO₂ emissions in Faroe Islands, year by year
| Year | annual % | Change |
|---|---|---|
| 2009 | -4.6% | — |
| 2010 | -0.4% | -91.7% |
| 2011 | 3.6% | -1039.0% |
| 2012 | 7.1% | +98.6% |
| 2013 | 5.9% | -17.3% |
| 2014 | 5.4% | -7.2% |
| 2015 | 1.0% | -82.4% |
| 2016 | 1.4% | +44.7% |
| 2017 | 3.5% | +153.3% |
| 2018 | 2.8% | -21.3% |
| 2019 | 4.5% | +64.2% |
| 2020 | -1.6% | -136.1% |
| 2021 | 5.1% | -409.4% |
| 2022 | 3.9% | -23.8% |
| 2023 | 3.2% | -18.2% |
| 2024 | 0.8% | -73.3% |
Faroe Islands compared with similar countries
- Faroe Islands's 0.8% is below the median for high income countries, which is 2.1%, 39% of the median. (83 countries reporting)
- Faroe Islands's 0.8% is below the median for Europe & Central Asia, which is 1.9%, 45% of the median. (55 countries reporting)
Biggest year-on-year movements
Years where Annual change in GDP and CO₂ emissions in Faroe Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2011 | +1039.0% | -0.4% | 3.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -4.6% | -4.6% | -4.6% | 1 |
| 2010s | 3.5% | -0.4% | 7.1% | 10 |
| 2020s | 2.3% | -1.6% | 5.1% | 5 |
Countries ranked near Faroe Islands
More climate change data for Faroe Islands
- Nutrient nitrogen N (total) — Synthetic fertilizers (Agricultural) 416,623 kg (2050)
- Emissions from livestock — Emissions (CO2eq) 32.52 kt (2050)
- Emissions from livestock — Emissions (CO2eq) from N2O 8.59 kt (2050)
- Emissions from livestock — Emissions (CO2eq) from CH4 23.93 kt (2050)
- Emissions from livestock — Emissions 0.0324 kt (2050)
- Emissions from livestock — Emissions 0.8547 kt (2050)
- Emissions from crops — Emissions (CO2eq) 2.31 kt (2050)
- Emissions from crops — Emissions (CO2eq) from N2O 2.31 kt (2050)
- Emissions from crops — Emissions 0.0087 kt (2050)
- Synthetic Fertilizers — Emissions (CO2eq) 2.31 kt (2050)
Frequently asked questions
- What is annual change in gdp and co₂ emissions in Faroe Islands?
- Annual change in gdp and co₂ emissions in Faroe Islands was 0.8% in 2024, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest annual change in gdp and co₂ emissions recorded in Faroe Islands?
- The highest recorded value was 7.1% in 2012.
- What is the lowest annual change in gdp and co₂ emissions recorded in Faroe Islands?
- The lowest recorded value was -4.6% in 2009.
- How does Faroe Islands rank for annual change in gdp and co₂ emissions?
- Faroe Islands ranks 177th out of 212 countries with data for 2024.
- Is annual change in gdp and co₂ emissions rising or falling in Faroe Islands?
- Over the last ten years it is down 84.5%. The long-run trend across the full record is volatile.
- Where does this Faroe Islands data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Annual change in GDP and CO₂ emissions. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Percentage change in gross domestic product (GDP) and carbon dioxide (CO₂) emissions.