Gross savings (current US$), per square kilometre in Faroe Islands
Faroe Islands: Gross savings (current US$), per square kilometre was 516,524 current US$ per square kilometre in 2011. ▲ Rising
Gross savings (current US$), per square kilometre in Faroe Islands, 1998–2011
Source: Statizoid (derived). Measured in current US$ per square kilometre.
Analysis
Faroe Islands recorded 516,524 current US$ per square kilometre for gross savings (current us$), per square kilometre in 2011. That is the highest value across all 14 years on record.
Compared with earlier readings it is up 32.5% on the previous year and up 58.2% over ten years.
Over the whole period, gross savings (current us$), per square kilometre in Faroe Islands peaked at 516,524 current US$ per square kilometre in 2011 and was at its lowest, 196,641 current US$ per square kilometre, in 2009.
Faroe Islands ranks 38th of 176 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 14 years of available data.
Gross savings (current US$), per square kilometre in Faroe Islands, year by year
| Year | current US$ per square kilometre | Change |
|---|---|---|
| 1998 | 331,832 current US$ per square kilometre | — |
| 1999 | 314,668 current US$ per square kilometre | -5.2% |
| 2000 | 309,248 current US$ per square kilometre | -1.7% |
| 2001 | 326,445 current US$ per square kilometre | +5.6% |
| 2002 | 310,023 current US$ per square kilometre | -5.0% |
| 2003 | 306,771 current US$ per square kilometre | -1.0% |
| 2004 | 314,922 current US$ per square kilometre | +2.7% |
| 2005 | 203,123 current US$ per square kilometre | -35.5% |
| 2006 | 364,580 current US$ per square kilometre | +79.5% |
| 2007 | 476,838 current US$ per square kilometre | +30.8% |
| 2008 | 378,896 current US$ per square kilometre | -20.5% |
| 2009 | 196,641 current US$ per square kilometre | -48.1% |
| 2010 | 389,933 current US$ per square kilometre | +98.3% |
| 2011 | 516,524 current US$ per square kilometre | +32.5% |
Faroe Islands compared with similar countries
- Faroe Islands's 516,524 current US$ per square kilometre is below the median for high income countries, which is 521,005 current US$ per square kilometre, 99% of the median. (63 countries reporting)
- Faroe Islands's 516,524 current US$ per square kilometre is above the median for Europe & Central Asia, which is 389,115 current US$ per square kilometre, 1.3× the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 323,250 current US$ per square kilometre | 314,668 current US$ per square kilometre | 331,832 current US$ per square kilometre | 2 |
| 2000s | 318,749 current US$ per square kilometre | 196,641 current US$ per square kilometre | 476,838 current US$ per square kilometre | 10 |
| 2010s | 453,228 current US$ per square kilometre | 389,933 current US$ per square kilometre | 516,524 current US$ per square kilometre | 2 |
Countries ranked near Faroe Islands
- 35 Hungary 612,622 current US$ per square kilometre compare
- 36 Dominican Republic 603,272 current US$ per square kilometre compare
- 37 United States 521,005 current US$ per square kilometre compare
- 39 Norway 512,285 current US$ per square kilometre compare
- 40 Poland 505,854 current US$ per square kilometre compare
- 41 Vietnam 484,464 current US$ per square kilometre compare
More economy & growth data for Faroe Islands
- Gross capital formation (current LCU), per unit of GDP 1.94 current LCU per US$ of GDP (2024)
- Imports of goods and services (current US$), per unit of GDP 0.512 current US$ per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 2.8 current LCU per US$ of GDP (2024)
- Imports of goods and services (current US$), annual growth rate -6.27 % change on previous year (2024)
- Gross capital formation (current LCU), per capita 144,061 current LCU per person (2024)
- Gross capital formation (current LCU), annual growth rate -7.66 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.2817 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 20,895 current US$ per person (2024)
- Imports of goods and services (current US$), per capita 37,975 current US$ per person (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 207,672 current LCU per person (2024)
Frequently asked questions
- What is gross savings (current us$), per square kilometre in Faroe Islands?
- Gross savings (current us$), per square kilometre in Faroe Islands was 516,524 current US$ per square kilometre in 2011, according to Statizoid (derived).
- What is the highest gross savings (current us$), per square kilometre recorded in Faroe Islands?
- The highest recorded value was 516,524 current US$ per square kilometre in 2011.
- What is the lowest gross savings (current us$), per square kilometre recorded in Faroe Islands?
- The lowest recorded value was 196,641 current US$ per square kilometre in 2009.
- How does Faroe Islands rank for gross savings (current us$), per square kilometre?
- Faroe Islands ranks 38th out of 176 countries with data for 2011.
- Is gross savings (current us$), per square kilometre rising or falling in Faroe Islands?
- Over the last ten years it is up 58.2%. The long-run trend across the full record is rising.
- Where does this Faroe Islands data come from?
- The figures come from Statizoid (derived), published as part of Gross savings (current US$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross savings (current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current US$) ÷ Land area (sq. km)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross savings (current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.