Faroe Islands - GNI

GNI (current US$)

The latest value for GNI (current US$) in Faroe Islands was $3,219,885,000 as of 2019. Over the past 54 years, the value for this indicator has fluctuated between $3,219,885,000 in 2019 and $52,148,920 in 1965.

Definition: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1965 $52,148,920
1966 $58,084,840
1967 $59,785,370
1968 $58,853,350
1969 $62,546,640
1970 $76,079,980
1971 $88,810,420
1972 $107,277,100
1973 $144,177,200
1974 $178,608,400
1975 $207,304,000
1976 $242,215,900
1977 $310,535,000
1978 $354,095,200
1979 $395,916,300
1980 $438,968,500
1981 $396,862,700
1982 $395,442,300
1983 $435,757,700
1984 $412,007,800
1985 $440,432,500
1986 $644,049,900
1987 $822,330,000
1998 $1,142,147,000
1999 $1,163,097,000
2000 $1,099,665,000
2001 $1,178,293,000
2002 $1,302,697,000
2003 $1,548,917,000
2004 $1,754,052,000
2005 $1,788,658,000
2006 $2,051,826,000
2007 $2,358,929,000
2008 $2,447,853,000
2009 $2,216,512,000
2010 $2,350,669,000
2011 $2,626,036,000
2012 $2,492,534,000
2013 $2,773,944,000
2014 $2,955,635,000
2015 $2,587,761,000
2016 $2,841,496,000
2017 $2,999,379,000
2018 $3,142,353,000
2019 $3,219,885,000

GNI (current LCU)

The value for GNI (current LCU) in Faroe Islands was 21,474,700,000 as of 2019. As the graph below shows, over the past 59 years this indicator reached a maximum value of 21,474,700,000 in 2019 and a minimum value of 194,500,000 in 1960.

Definition: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 194,500,000
1961 216,100,000
1962 234,800,000
1963 280,500,000
1964 318,800,100
1965 360,199,900
1966 401,200,100
1967 415,899,900
1968 441,400,100
1969 469,099,800
1970 570,599,900
1971 658,699,800
1972 745,499,900
1973 872,199,900
1974 1,088,600,000
1975 1,191,200,000
1976 1,464,200,000
1977 1,864,200,000
1978 1,952,700,000
1979 2,082,900,000
1980 2,474,000,000
1981 2,827,000,000
1982 3,295,000,000
1983 3,985,000,000
1984 4,267,000,000
1985 4,666,999,000
1986 5,211,001,000
1987 5,625,000,000
1998 7,653,300,000
1999 8,114,000,000
2000 8,888,700,000
2001 9,806,700,000
2002 10,284,400,000
2003 10,203,800,000
2004 10,508,700,000
2005 10,726,400,000
2006 12,201,800,000
2007 12,841,300,000
2008 12,479,400,000
2009 11,882,500,000
2010 13,220,400,000
2011 14,098,400,000
2012 14,438,000,000
2013 15,579,300,000
2014 16,588,500,000
2015 17,410,200,000
2016 19,128,100,000
2017 19,804,600,000
2018 19,842,700,000
2019 21,474,700,000

GNI (constant 2010 US$)

Definition: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2015 2,587,761,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts