Faroe Islands
FROEurope & Central AsiaHigh incomeCapital: TorshavnEconomy
Fiscal
People
Health
Education
Trade
Energy / Env
Tech
Governance
Equality
Infra
Labor
24/80 indicators · percentile vs world (IMF / WB / WHO)underover
▶About Faroe Islands
Faroe Islands has a population of 54,900 (2025). Key indicators include life expectancy of 83.1 years. Data sourced from the IMF World Economic Outlook and World Bank World Development Indicators.
▶Economy20 indicators · 2021–2024 · WB
▶Fiscal & Monetary2 indicators · 2024–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Official Exchange Rate (per USD) | 6.62 | 2025 | ▼ 4.0% | WB |
| PPP Conversion Factor | 6.23 | 2024 | ▼ 0.5% | WB |
▶Trade7 indicators · 2024–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Trade (% of GDP) | 105.8% | 2024 | ▼ 6.7% | WB |
| Exports of Goods & Services (% of GDP) | 54.6% | 2024 | ▼ 4.6% | WB |
| Imports of Goods & Services (% of GDP) | 51.2% | 2024 | ▼ 8.8% | WB |
| Exports of Goods & Services (USD) | $2.21B | 2024 | ▼ 2.0% | WB |
| Imports of Goods & Services (USD) | $2.07B | 2024 | ▼ 6.3% | WB |
| Merchandise Exports (USD) | $2.06B | 2025 | ▲ 16.0% | WB |
| Merchandise Imports (USD) | $1.67B | 2025 | ▲ 11.4% | WB |
▶People23 indicators · 2023–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Population | 54,900 | 2025 | ▲ 0.5% | WB |
| Population Growth (%) | 0.5% | 2025 | ▲ 6.9% | WB |
| Population Density (per km²) | 40 | 2023 | ▲ 0.9% | WB |
| Surface Area (sq km) | 12,960 | 2023 | ▲ 0.0% | WB |
| Land Area (sq km) | 1,370 | 2023 | ▲ 0.0% | WB |
| Urban Population (%) | 39.6% | 2025 | ▲ 0.6% | WB |
| Urban Population (total) | 21,764 | 2025 | ▲ 1.1% | WB |
| Rural Population (%) | 60.4% | 2025 | ▼ 0.4% | WB |
| Life Expectancy at Birth | 83.1 years | 2024 | ▲ 0.2% | WB |
| Life Expectancy, Male | 81.3 years | 2024 | ▲ 0.2% | WB |
| Life Expectancy, Female | 84.9 years | 2024 | ▲ 0.1% | WB |
| Fertility Rate (births per woman) | 1.9 | 2024 | ▲ 2.4% | WB |
| Birth Rate (per 1,000) | 10.8 | 2024 | ▲ 1.9% | WB |
| Death Rate (per 1,000) | 8.2 | 2024 | ▲ 7.4% | WB |
| Net Migration | 386 | 2025 | ▼ 20.9% | WB |
| Population Ages 0–14 (%) | 19.9% | 2025 | ▼ 0.5% | WB |
| Population Ages 15–64 (%) | 62.3% | 2025 | ▲ 0.1% | WB |
| Population Ages 65+ (%) | 17.8% | 2025 | ▲ 0.2% | WB |
| Age Dependency Ratio (%) | 60.4% | 2025 | ▼ 0.2% | WB |
| Old-Age Dependency Ratio (%) | 28.5% | 2025 | ▲ 0.2% | WB |
| Youth Dependency Ratio (%) | 31.9% | 2025 | ▼ 0.6% | WB |
| Mortality Rate, Adult Male (per 1,000) | 63.5 | 2024 | ▲ 1.5% | WB |
| Mortality Rate, Adult Female (per 1,000) | 37 | 2024 | ▲ 2.3% | WB |
▶Labor1 indicator · 2013 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Labor Force Participation, Age 15+ (National Estimate, %) | 82.9% | 2013 | ▼ 0.5% | WB |
▶Energy & Environment13 indicators · 2015–2025 · WB / WHO
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| CO₂ Emissions per Capita, Excluding LULUCF (t CO2e) | 0 | 2024 | ▼ 0.4% | WB |
| CO₂ Emissions, Excluding LULUCF (Mt CO2e) | 0 | 2024 | ▲ 0.0% | WB |
| Renewable Electricity Output (%) | 38.1% | 2021 | ▼ 1.6% | WB |
| Renewable Energy Consumption (%) | 7.9% | 2022 | ▲ 54.9% | WB |
| Access to Electricity (%) | 100.0% | 2024 | ▲ 0.0% | WB |
| Forest Area (%) | 0.1% | 2023 | ▲ 0.0% | WB |
| Forest Area (sq km) | 1 | 2023 | ▲ 0.0% | WB |
| Arable Land (%) | 0.1% | 2023 | ▲ 0.0% | WB |
| Terrestrial and Marine Protected Areas (%) | 0.0% | 2025 | — | WB |
| Marine Protected Areas (%) | 0.0% | 2025 | — | WB |
| Access to Basic Drinking Water (%) | 100.0% | 2024 | ▲ 0.0% | WHO |
| Access to Basic Sanitation (%) | 90.9% | 2015 | ▲ 0.0% | WHO |
| Urban PM2.5 Concentration (WHO) | 6.187804159 | 2023 | — | WHO |
▶Agriculture6 indicators · 2022–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Agricultural Land (%) | 70.1% | 2023 | ▲ 0.1% | WB |
| Food Production Index (2014–2016=100) | 106.6 | 2022 | ▲ 3.7% | WB |
| Crop Production Index (2014–2016=100) | 99.4 | 2022 | ▲ 0.3% | WB |
| Livestock Production Index (2014–2016=100) | 107.1 | 2022 | ▲ 3.9% | WB |
| Total Fisheries Production (metric tonnes) | 677,691 | 2024 | ▼ 14.5% | WB |
| Fertilizer Consumption (kg per hectare) | 614.3 | 2023 | ▲ 258.3% | WB |
▶Technology4 indicators · 2017–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Internet Users (%) | 97.6% | 2017 | ▲ 2.6% | WB |
| Mobile Subscriptions (per 100 people) | 106 | 2022 | ▼ 4.8% | WB |
| Fixed Broadband Subscriptions (per 100) | 34.6 | 2022 | ▼ 0.0% | WB |
| Secure Internet Servers (per million) | 11,420.2 | 2024 | ▲ 36.5% | WB |
▶Infrastructure3 indicators · 2019–2021 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Container Port Traffic (TEU) | 31,214 | 2019 | ▼ 10.9% | WB |
| Electricity from Oil (%) | 61.9% | 2021 | ▲ 1.0% | WB |
| Electricity from Nuclear (%) | 0.0% | 2021 | — | WB |
▶Gender2 indicators · 2013–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Female Labor Force Participation, 15+ (%) | 79.4% | 2013 | — | WB |
| Adolescent Fertility Rate (per 1,000) | 4.4 | 2024 | ▼ 5.8% | WB |
▶Urban Development2 indicators · 2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Urban Population Growth (%) | 1.1% | 2025 | ▲ 6.9% | WB |
| Rural Population Growth (%) | 0.1% | 2025 | ▲ 3.2% | WB |
