Faroe Islands vs Somalia: Gross capital formation
Faroe Islands
28.2%
in 2024
Somalia
28.1%
in 2025
Faroe Islands rank
49th
Somalia rank
50th
Gross capital formation over time
- Faroe Islands
- Somalia
How they compare
Faroe Islands currently reports 28.2% against 28.1% in Somalia, a difference of 0.1%.
Across all 13 years both countries report, Faroe Islands has been ahead every year.
Faroe Islands ranks 49th and Somalia ranks 50th of 187 countries.
Faroe Islands has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Faroe Islands | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 24.6% | 14.4% | 10.1% | Faroe Islands |
| 2020s | 29.8% | 21.6% | 8.2% | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation, Faroe Islands or Somalia?
- Faroe Islands, at 28.2% against 28.1% in Somalia as of 2024.
- What is the difference in gross capital formation between Faroe Islands and Somalia?
- 0.1%, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Somalia?
- 13 years are reported by both, from 2012 to 2024.
- How do Faroe Islands and Somalia rank globally for gross capital formation?
- Faroe Islands ranks 49th and Somalia ranks 50th of 187 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross capital formation (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.