Adjusted savings: carbon dioxide damage (current US$), per unit of GDP in Faroe Islands
Faroe Islands: Adjusted savings: carbon dioxide damage (current US$), per unit of GDP was 0.0102 current US$ per US$ of GDP in 2021. ▼ Falling
Adjusted savings: carbon dioxide damage (current US$), per unit of GDP in Faroe Islands, 1992–2021
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Faroe Islands recorded 0.0102 current US$ per US$ of GDP for adjusted savings: carbon dioxide damage (current us$), per unit of gdp in 2021.
The figure is down 0.6% on the previous year and up 24.8% over ten years.
Over the whole period, adjusted savings: carbon dioxide damage (current us$), per unit of gdp in Faroe Islands peaked at 0.0124 current US$ per US$ of GDP in 1997 and was at its lowest, 0.0072 current US$ per US$ of GDP, in 2007.
Faroe Islands ranks 139th of 207 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 30 years of available data.
Adjusted savings: carbon dioxide damage (current US$), per unit of GDP in Faroe Islands, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1992 | 0.0088 current US$ per US$ of GDP | — |
| 1993 | 0.0111 current US$ per US$ of GDP | +25.5% |
| 1994 | 0.0116 current US$ per US$ of GDP | +4.7% |
| 1995 | 0.0119 current US$ per US$ of GDP | +2.5% |
| 1996 | 0.0113 current US$ per US$ of GDP | -5.2% |
| 1997 | 0.0124 current US$ per US$ of GDP | +10.2% |
| 1998 | 0.0108 current US$ per US$ of GDP | -12.6% |
| 1999 | 0.011 current US$ per US$ of GDP | +1.6% |
| 2000 | 0.0122 current US$ per US$ of GDP | +10.5% |
| 2001 | 0.0117 current US$ per US$ of GDP | -3.8% |
| 2002 | 0.0111 current US$ per US$ of GDP | -5.5% |
| 2003 | 0.0098 current US$ per US$ of GDP | -11.5% |
| 2004 | 0.009 current US$ per US$ of GDP | -8.6% |
| 2005 | 0.0093 current US$ per US$ of GDP | +3.4% |
| 2006 | 0.0097 current US$ per US$ of GDP | +5.1% |
| 2007 | 0.0072 current US$ per US$ of GDP | -25.5% |
| 2008 | 0.0075 current US$ per US$ of GDP | +4.2% |
| 2009 | 0.0084 current US$ per US$ of GDP | +11.6% |
| 2010 | 0.0085 current US$ per US$ of GDP | +1.1% |
| 2011 | 0.0082 current US$ per US$ of GDP | -3.6% |
| 2012 | 0.0091 current US$ per US$ of GDP | +10.4% |
| 2013 | 0.0093 current US$ per US$ of GDP | +2.9% |
| 2014 | 0.008 current US$ per US$ of GDP | -13.8% |
| 2015 | 0.01 current US$ per US$ of GDP | +24.7% |
| 2016 | 0.0095 current US$ per US$ of GDP | -4.8% |
| 2017 | 0.0106 current US$ per US$ of GDP | +11.0% |
| 2018 | 0.0107 current US$ per US$ of GDP | +1.0% |
| 2019 | 0.0109 current US$ per US$ of GDP | +1.6% |
| 2020 | 0.0103 current US$ per US$ of GDP | -5.0% |
| 2021 | 0.0102 current US$ per US$ of GDP | -0.6% |
Faroe Islands compared with similar countries
- Faroe Islands's 0.0102 current US$ per US$ of GDP is above the median for high income countries, which is 0.0088 current US$ per US$ of GDP, 1.2× the median. (76 countries reporting)
- Faroe Islands's 0.0102 current US$ per US$ of GDP is below the median for Europe & Central Asia, which is 0.0108 current US$ per US$ of GDP, 95% of the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0111 current US$ per US$ of GDP | 0.0088 current US$ per US$ of GDP | 0.0124 current US$ per US$ of GDP | 8 |
| 2000s | 0.0096 current US$ per US$ of GDP | 0.0072 current US$ per US$ of GDP | 0.0122 current US$ per US$ of GDP | 10 |
| 2010s | 0.0095 current US$ per US$ of GDP | 0.008 current US$ per US$ of GDP | 0.0109 current US$ per US$ of GDP | 10 |
| 2020s | 0.0103 current US$ per US$ of GDP | 0.0102 current US$ per US$ of GDP | 0.0103 current US$ per US$ of GDP | 2 |
Countries ranked near Faroe Islands
- 136 Saint Lucia 0.0105 current US$ per US$ of GDP compare
- 137 Cyprus 0.0105 current US$ per US$ of GDP compare
- 138 Saint Kitts and Nevis 0.0103 current US$ per US$ of GDP compare
- 140 Kenya 0.0102 current US$ per US$ of GDP compare
- 141 Paraguay 0.0101 current US$ per US$ of GDP compare
- 142 Eswatini 0.01 current US$ per US$ of GDP compare
More economy & growth data for Faroe Islands
- Households and NPISHs Final consumption expenditure (current US$) 2.82 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 142,484 current LCU per person (2024)
- Gross capital formation (current LCU), annual growth rate -7.66 % change on previous year (2024)
- Gross capital formation (current US$), per capita 20,895 current US$ per person (2024)
- Gross capital formation (current US$), per unit of GDP 0.2817 current US$ per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 279,001 current LCU per person (2024)
- Households and NPISHs Final consumption expenditure (current US$) 0.4061 current US$ per US$ of GDP (2024)
- Exports of goods and services (current LCU), per unit of GDP 3.76 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per unit of GDP 1.94 current LCU per US$ of GDP (2024)
- Gross capital formation (current US$), annual growth rate -7.73 % change on previous year (2024)
Frequently asked questions
- What is adjusted savings: carbon dioxide damage (current us$), per unit of gdp in Faroe Islands?
- Adjusted savings: carbon dioxide damage (current us$), per unit of gdp in Faroe Islands was 0.0102 current US$ per US$ of GDP in 2021, according to Statizoid (derived).
- What is the highest adjusted savings: carbon dioxide damage (current us$), per unit of gdp recorded in Faroe Islands?
- The highest recorded value was 0.0124 current US$ per US$ of GDP in 1997.
- What is the lowest adjusted savings: carbon dioxide damage (current us$), per unit of gdp recorded in Faroe Islands?
- The lowest recorded value was 0.0072 current US$ per US$ of GDP in 2007.
- How does Faroe Islands rank for adjusted savings: carbon dioxide damage (current us$), per unit of gdp?
- Faroe Islands ranks 139th out of 207 countries with data for 2021.
- Is adjusted savings: carbon dioxide damage (current us$), per unit of gdp rising or falling in Faroe Islands?
- Over the last ten years it is up 24.8%. The long-run trend across the full record is falling.
- 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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Adjusted savings: carbon dioxide damage (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Adjusted savings: carbon dioxide damage (current US$) ÷ GDP (current US$)
Computed from
- Adjusted savings: carbon dioxide damage Staff estimates, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Adjusted savings: carbon dioxide damage (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.