Home / Countries / Faroe Islands
| Indicator | Value | Rank | Year |
|---|---|---|---|
| Consumer price inflation | — | — | 2024 |
| GDP deflator inflation | 2 | 50 | 2024 |
| Consumer price index | — | — | 2024 |
| Gross savings (% of GDP) | 28.78 | 49 | 2024 |
| GDP per capita (nominal) | — | — | 2026 |
What each indicator means
- GDP deflator inflation
- Price change of everything produced inside the country. Unlike consumer prices it excludes imports.
- Gross savings (% of GDP)
- What the whole country did not spend in a year, as a share of the economy (GDP). It combines household, company and government saving.
Where this country stands
For each indicator below, the country's figure is placed against all 213 countries and areas covered by the same source. The median is the middle value once every country is ordered by that indicator.
| Indicator | Value | Rank | Median | Ranked 1st | Ranked last |
|---|---|---|---|---|---|
| GDP deflator inflation | 2 % | 50 / 213 | 3.92 % | Liechtenstein -9.9 | Zimbabwe 1,097 |
| Gross savings (% of GDP) | 28.78 % | 49 / 178 | 21.89 % | Qatar 57.42 | Timor-Leste -21.13 |
Countries ranked next to it: Italy, Kiribati, Netherlands, Kazakhstan