Faroe Islands - Gross domestic savings (% of GDP)

Gross domestic savings (% of GDP) in Faroe Islands was 31.75 as of 2019. Its highest value over the past 21 years was 31.75 in 2019, while its lowest value was 10.00 in 2005.

Definition: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption).

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

See also:

Year Value
1998 23.15
1999 19.85
2000 21.88
2001 23.84
2002 22.01
2003 16.04
2004 15.35
2005 10.00
2006 16.36
2007 15.93
2008 12.88
2009 10.42
2010 15.44
2011 12.55
2012 15.60
2013 18.71
2014 22.41
2015 22.31
2016 29.29
2017 29.34
2018 30.50
2019 31.75

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts