Adjusted savings: carbon dioxide damage (current US$) … annual in Faroe Islands

Faroe Islands: Adjusted savings: carbon dioxide damage (current US$), annual growth was 12.35 % change on previous year in 2021. ◆ Volatile

Latest (2021)
12.35 % change on previous year
Change on year
up 353.5%
World rank
73rd
of 210 countries
All-time high
21.79 % change on previous year
in 1995
All-time low
-13.66 % change on previous year
in 2007
Years of data
29
1993–2021

Adjusted savings: carbon dioxide damage (current US$), annual growth in Faroe Islands, 1993–2021

-10010201993200720211993: 4.7 % change on previous year1994: 4.4 % change on previous year1995: 21.8 % change on previous year1996: 4.1 % change on previous year1997: 4 % change on previous year1998: 3.4 % change on previous year1999: 3.7 % change on previous year2000: 4.6 % change on previous year2001: 4.6 % change on previous year2002: 3.8 % change on previous year2003: 4.3 % change on previous year2004: 5 % change on previous year2005: 5.5 % change on previous year2006: 20.5 % change on previous year2007: -13.7 % change on previous year2008: 10.9 % change on previous year2009: 2.9 % change on previous year2010: 2.7 % change on previous year2011: 3.6 % change on previous year2012: 6.9 % change on previous year2013: 14 % change on previous year2014: -6.6 % change on previous year2015: 10.1 % change on previous year2016: 4.1 % change on previous year2017: 17.6 % change on previous year2018: 8 % change on previous year2019: 4.1 % change on previous year2020: -4.9 % change on previous year2021: 12.4 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2021, adjusted savings: carbon dioxide damage (current us$), annual growth in Faroe Islands stood at 12.35 % change on previous year.

The figure is up 353.5% on the previous year and up 244.4% over ten years.

Over the whole period, adjusted savings: carbon dioxide damage (current us$), annual growth in Faroe Islands peaked at 21.79 % change on previous year in 1995 and was at its lowest, -13.66 % change on previous year, in 2007.

Faroe Islands ranks 73rd of 210 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Adjusted savings: carbon dioxide damage (current US$), annual growth in Faroe Islands, year by year

Annual values for Adjusted savings: carbon dioxide damage (current US$), annual growth rate in Faroe Islands, 1993 to 2021.
Year % change on previous year Change
1993 4.67 % change on previous year —
1994 4.43 % change on previous year -5.1%
1995 21.79 % change on previous year +391.6%
1996 4.12 % change on previous year -81.1%
1997 4.01 % change on previous year -2.6%
1998 3.4 % change on previous year -15.3%
1999 3.69 % change on previous year +8.5%
2000 4.57 % change on previous year +23.7%
2001 4.55 % change on previous year -0.3%
2002 3.84 % change on previous year -15.6%
2003 4.27 % change on previous year +11.1%
2004 4.99 % change on previous year +17.0%
2005 5.46 % change on previous year +9.2%
2006 20.46 % change on previous year +275.0%
2007 -13.66 % change on previous year -166.7%
2008 10.9 % change on previous year -179.8%
2009 2.91 % change on previous year -73.4%
2010 2.7 % change on previous year -6.9%
2011 3.59 % change on previous year +32.6%
2012 6.91 % change on previous year +92.6%
2013 14.03 % change on previous year +103.2%
2014 -6.62 % change on previous year -147.2%
2015 10.11 % change on previous year -252.8%
2016 4.06 % change on previous year -59.8%
2017 17.59 % change on previous year +333.1%
2018 8.03 % change on previous year -54.4%
2019 4.08 % change on previous year -49.1%
2020 -4.87 % change on previous year -219.3%
2021 12.35 % change on previous year -353.5%

Faroe Islands compared with similar countries

  • Faroe Islands's 12.35 % change on previous year is above the median for high income countries, which is 9.46 % change on previous year, 1.3× the median. (78 countries reporting)
  • Faroe Islands's 12.35 % change on previous year is above the median for Europe & Central Asia, which is 9.84 % change on previous year, 1.3× the median. (54 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 6.59 % change on previous year 3.4 % change on previous year 21.79 % change on previous year 7
2000s 4.83 % change on previous year -13.66 % change on previous year 20.46 % change on previous year 10
2010s 6.45 % change on previous year -6.62 % change on previous year 17.59 % change on previous year 10
2020s 3.74 % change on previous year -4.87 % change on previous year 12.35 % change on previous year 2

Countries ranked near Faroe Islands

  1. 70 Iran 12.53 % change on previous year compare
  2. 71 Zimbabwe 12.45 % change on previous year compare
  3. 72 Serbia 12.38 % change on previous year compare
  4. 74 Bosnia and Herzegovina 12.34 % change on previous year compare
  5. 75 Algeria 12.31 % change on previous year compare
  6. 76 Vietnam 12.29 % change on previous year compare

See the full ranking of 210 places →

More economy & growth data for Faroe Islands

All data for Faroe Islands →

Frequently asked questions

What is adjusted savings: carbon dioxide damage (current us$), annual growth in Faroe Islands?
Adjusted savings: carbon dioxide damage (current us$), annual growth in Faroe Islands was 12.35 % change on previous year in 2021, according to Statizoid (derived).
What is the highest adjusted savings: carbon dioxide damage (current us$), annual growth recorded in Faroe Islands?
The highest recorded value was 21.79 % change on previous year in 1995.
What is the lowest adjusted savings: carbon dioxide damage (current us$), annual growth recorded in Faroe Islands?
The lowest recorded value was -13.66 % change on previous year in 2007.
How does Faroe Islands rank for adjusted savings: carbon dioxide damage (current us$), annual growth?
Faroe Islands ranks 73rd out of 210 countries with data for 2021.
Is adjusted savings: carbon dioxide damage (current us$), annual growth rising or falling in Faroe Islands?
Over the last ten years it is up 244.4%. The long-run trend across the full record is volatile.
Where does this Faroe Islands data come from?
The figures come from Statizoid (derived), published as part of Adjusted savings: carbon dioxide damage (current US$), annual growth rate. Statizoid updates them automatically from the source API.

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Adjusted savings: carbon dioxide damage (current US$), annual growth in Faroe Islands. Statizoid, drawing on Statizoid (derived). Retrieved 07 October 2026, from https://economy.statizoid.com/stat/adjusted-savings-carbon-dioxide-damage-current-us-annual-growth-rate/faroe-islands/

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<a href="https://economy.statizoid.com/stat/adjusted-savings-carbon-dioxide-damage-current-us-annual-growth-rate/faroe-islands/">Adjusted savings: carbon dioxide damage (current US$), annual growth in Faroe Islands</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Adjusted savings: carbon dioxide damage (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

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Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Adjusted savings: carbon dioxide damage (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
210 places, 6,673 data points, 1971–2021
Last refreshed

The year-on-year percentage change in Adjusted savings: carbon dioxide damage (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.