Faroe Islands vs Russian Federation: GDP growth

Faroe Islands
0.8%
in 2024
Russian Federation
1.0%
in 2025
Faroe Islands rank
180th
Russian Federation rank
177th

GDP growth over time

  • Faroe Islands
  • Russian Federation
-15-10-50510199020072025

How they compare

Russian Federation currently reports 1.0% against 0.8% in Faroe Islands, a difference of 0.2%.

That makes Russian Federation's figure about 1.2 times Faroe Islands's.

The two have swapped places 7 times across 16 shared years of data; in 2009 it was Faroe Islands ahead.

Faroe Islands ranks 180th and Russian Federation ranks 177th of 215 countries.

Faroe Islands has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Faroe Islands Russian Federation Difference Ahead
2000s -4.6% -7.8% 3.2% Faroe Islands
2010s 3.5% 2.0% 1.4% Faroe Islands
2020s 2.3% 2.2% 0.1% Faroe Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gdp growth, Faroe Islands or Russian Federation?
Russian Federation, at 1.0% against 0.8% in Faroe Islands as of 2025.
What is the difference in gdp growth between Faroe Islands and Russian Federation?
0.2%, with Russian Federation ahead.
How many years of comparable data are there for Faroe Islands and Russian Federation?
16 years are reported by both, from 2009 to 2024.
How do Faroe Islands and Russian Federation rank globally for gdp growth?
Faroe Islands ranks 180th and Russian Federation ranks 177th of 215 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as GDP growth (annual %). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs Russian Federation: GDP growth. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 07 September 2026, from https://economy.statizoid.com/compare/gdp-growth-annual-percent/faroe-islands/russian-federation/

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About this data

Indicator
GDP growth (annual %)
Unit
annual %
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
263 places, 14,354 data points, 1961–2025
Last refreshed

Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.