Savings share of GDP in Faroe Islands

Gross savings in Faroe Islands were equal to 28.8% of GDP in 2011. The value for 2011 is the highest since 2002.

Gross savings as a share of GDP % of GDP Data: 1998 to 2011 Source: World Bank

The latest value for Faroe Islands is for 2011. Most countries have figures for 2024.

Faroe Islands, 2011 28.8% % of GDP

Change from 2010 +5.4percentage points 2010: 23.3%

World, 2011 26.8% Official aggregate

Savings share of GDP in Faroe Islands over time

From

Faroe Islands World ×

The chart loads when you scroll to it. The table below shows the same data.

% of GDP. Source: World Bank, World Development Indicators. Gaps mean no published value; points are not joined across missing years.

A dash means no value was published for that period.

That is a change of +5.4 percentage points from 23.3% in 2010.
Since 2001, when it was 39.3%, the figure has changed by −10.5 percentage points.
The figure for the world in 2011 was 26.8%.

Original producer: World Bank and OECD national accounts data, from national statistical offices
Distributed by: World Bank, World Development Indicators
Dataset or series code: NY.GNS.ICTR.ZS · dataset details · view at source
Observation period: 1998 to 2011 for Faroe Islands
Provider update: 8 October 2026
Retrieved: 9 November 2026
Published here: 9 November 2026
Licence: CC BY 4.0 (per series metadata)
Attribution: Source: World Bank, World Development Indicators, original data: World Bank and OECD national accounts data, from national statistical offices