Domestic material consumption per capita in Faroe Islands
Faroe Islands: Domestic material consumption per capita was 9.6 in 2023. ▼ Falling
Latest (2023)
9.6
Change on year
up 0.9%
World rank
96th
of 223 countries
All-time high
22.12
in 2007
All-time low
7.15
in 2011
Years of data
24
2000–2023
Domestic material consumption per capita in Faroe Islands, 2000–2023
Source: Our World in Data.
Analysis
In 2023, domestic material consumption per capita in Faroe Islands stood at 9.6.
Compared with earlier readings it is up 0.9% on the previous year and up 2.9% over ten years.
Over the whole period, domestic material consumption per capita in Faroe Islands peaked at 22.12 in 2007 and was at its lowest, 7.15, in 2011.
Faroe Islands ranks 96th of 223 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 24 years of available data.
Domestic material consumption per capita in Faroe Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 16.57 | — |
| 2001 | 18.28 | +10.3% |
| 2002 | 17.17 | -6.1% |
| 2003 | 19.18 | +11.7% |
| 2004 | 17.15 | -10.6% |
| 2005 | 16.66 | -2.9% |
| 2006 | 21.12 | +26.8% |
| 2007 | 22.12 | +4.7% |
| 2008 | 17.16 | -22.4% |
| 2009 | 11.86 | -30.9% |
| 2010 | 7.85 | -33.8% |
| 2011 | 7.15 | -8.9% |
| 2012 | 7.58 | +6.0% |
| 2013 | 9.33 | +23.1% |
| 2014 | 10.64 | +14.0% |
| 2015 | 11.91 | +11.9% |
| 2016 | 11.94 | +0.3% |
| 2017 | 13.02 | +9.0% |
| 2018 | 13.07 | +0.4% |
| 2019 | 12.04 | -7.9% |
| 2020 | 8.36 | -30.6% |
| 2021 | 9.37 | +12.1% |
| 2022 | 9.51 | +1.5% |
| 2023 | 9.6 | +0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.73 | 11.86 | 22.12 | 10 |
| 2010s | 10.45 | 7.15 | 13.07 | 10 |
| 2020s | 9.21 | 8.36 | 9.6 | 4 |
Countries ranked near Faroe Islands
- 93 Republic of Moldova 9.89 compare
- 94 Viet Nam 9.86 compare
- 95 Switzerland 9.71 compare
- 97 Egypt 9.49 compare
- 98 Costa Rica 9.33 compare
- 99 Ghana 9.32 compare
More economy & growth data for Faroe Islands
- Gdp worldbank constant usd 3.24 billion (2024)
- Industry (including construction), value added 18.3% (2024)
- Services, value added 2.18 billion current US$ (2024)
- Services, value added 15.04 billion current LCU (2024)
- Services, value added 53.8% (2024)
- Gdp per capita worldbank constant usd 59,302 (2024)
- Manufacturing value added to gdp 9.46 (2024)
- Net secondary income (Net current transfers from abroad) 485.60 million current LCU (2024)
- Inflation, GDP deflator 2.0% (2024)
- Net secondary income (Net current transfers from abroad) 70.43 million current US$ (2024)
Frequently asked questions
- What is domestic material consumption per capita in Faroe Islands?
- Domestic material consumption per capita in Faroe Islands was 9.6 in 2023, according to Our World in Data.
- What is the highest domestic material consumption per capita recorded in Faroe Islands?
- The highest recorded value was 22.12 in 2007.
- What is the lowest domestic material consumption per capita recorded in Faroe Islands?
- The lowest recorded value was 7.15 in 2011.
- How does Faroe Islands rank for domestic material consumption per capita?
- Faroe Islands ranks 96th out of 223 countries with data for 2023.
- Is domestic material consumption per capita rising or falling in Faroe Islands?
- Over the last ten years it is up 2.9%. The long-run trend across the full record is falling.
- Where does this Faroe Islands data come from?
- The figures come from Our World in Data, published as part of Domestic material consumption per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).