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

Latest (2024)
0.8%
Change on year
down 73.3%
World rank
177th
of 212 countries
All-time high
7.1%
in 2012
All-time low
-4.6%
in 2009
Years of data
16
2009–2024

Annual change in GDP and CO₂ emissions in Faroe Islands, 2009–2024

-5-2.502.557.52009201620242009: -4.6 annual %2010: -0.38 annual %2011: 3.6 annual %2012: 7.1 annual %2013: 5.9 annual %2014: 5.4 annual %2015: 0.958 annual %2016: 1.4 annual %2017: 3.5 annual %2018: 2.8 annual %2019: 4.5 annual %2020: -1.6 annual %2021: 5.1 annual %2022: 3.9 annual %2023: 3.2 annual %2024: 0.844 annual %

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 174 Russia 1.0% compare
  2. 175 Belgium 1.0% compare
  3. 176 Greenland 0.9% compare
  4. 178 France 0.8% compare
  5. 179 Slovakia 0.8% compare
  6. 180 Yemen 0.8% compare

See the full ranking of 212 places →

More climate change data for Faroe Islands

All data for Faroe Islands →

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

Indicator
Annual change in GDP and CO₂ emissions
Unit
annual %
Source
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
212 places, 11,377 data points, 1961–2025
Last refreshed

Percentage change in gross domestic product (GDP) and carbon dioxide (CO₂) emissions.