01_Cross-border loans from BIS reporting banks in Faroe Islands
Faroe Islands: 01_Cross-border loans from BIS reporting banks was 1.28 billion in 2025. ◆ Volatile
01_Cross-border loans from BIS reporting banks in Faroe Islands, 1995–2025
Source: BIS.
Analysis
In 2025, 01_cross-border loans from bis reporting banks in Faroe Islands stood at 1.28 billion.
That represents a change of down 5.0% on the previous year and up 80.4% over ten years.
Over the whole period, 01_cross-border loans from bis reporting banks in Faroe Islands peaked at 1.68 billion in 2021 and was at its lowest, 0, in 1995.
That places Faroe Islands 140th out of 209 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
01_Cross-border loans from BIS reporting banks in Faroe Islands, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 0 | — |
| 1996 | 0 | — |
| 1997 | 0 | — |
| 1998 | 0 | — |
| 1999 | 24.00 million | — |
| 2000 | 24.00 million | +0.0% |
| 2001 | 24.00 million | +0.0% |
| 2002 | 14.00 million | -41.7% |
| 2003 | 120.00 million | +757.1% |
| 2004 | 210.00 million | +75.0% |
| 2005 | 293.00 million | +39.5% |
| 2006 | 413.00 million | +41.0% |
| 2007 | 646.00 million | +56.4% |
| 2008 | 1.10 billion | +70.4% |
| 2009 | 996.00 million | -9.5% |
| 2010 | 600.00 million | -39.8% |
| 2011 | 102.00 million | -83.0% |
| 2012 | 201.00 million | +97.1% |
| 2013 | 194.35 million | -3.3% |
| 2014 | 917.36 million | +372.0% |
| 2015 | 709.37 million | -22.7% |
| 2016 | 935.11 million | +31.8% |
| 2017 | 836.96 million | -10.5% |
| 2018 | 1.04 billion | +23.8% |
| 2019 | 1.04 billion | +0.4% |
| 2020 | 1.14 billion | +9.9% |
| 2021 | 1.68 billion | +46.7% |
| 2022 | 1.32 billion | -21.3% |
| 2023 | 1.21 billion | -8.1% |
| 2024 | 1.35 billion | +11.0% |
| 2025 | 1.28 billion | -5.0% |
Faroe Islands compared with similar countries
- Faroe Islands's 1.28 billion is below the median for high income countries, which is 33.64 billion, 4% of the median. (79 countries reporting)
- Faroe Islands's 1.28 billion is below the median for Europe & Central Asia, which is 12.42 billion, 10% of the median. (56 countries reporting)
Biggest year-on-year movements
Years where 01_Cross-border loans from BIS reporting banks in Faroe Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +757.1% | 14.00 million | 120.00 million |
| 2014 | +372.0% | 194.35 million | 917.36 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.80 million | 0 | 24.00 million | 5 |
| 2000s | 384.10 million | 14.00 million | 1.10 billion | 10 |
| 2010s | 657.35 million | 102.00 million | 1.04 billion | 10 |
| 2020s | 1.33 billion | 1.14 billion | 1.68 billion | 6 |
Countries ranked near Faroe Islands
- 137 Cuba 1.43 billion compare
- 138 Papua New Guinea 1.41 billion compare
- 139 Montenegro 1.28 billion compare
- 141 Andorra 1.28 billion compare
- 142 Greenland 1.26 billion compare
- 143 North Macedonia 1.25 billion compare
More reference data data for Faroe Islands
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure Management 0.7467 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Crop Residues 0.015 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - IPCC Agriculture 31.38 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Enteric Fermentation 21.86 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure left on 6.33 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - IPCC Agriculture 8.43 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0051 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Crop Residues 0.015 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Agricultural 7.68 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure applied 1.34 (2050)
Frequently asked questions
- What is 01_cross-border loans from bis reporting banks in Faroe Islands?
- 01_cross-border loans from bis reporting banks in Faroe Islands was 1.28 billion in 2025, according to BIS.
- What is the highest 01_cross-border loans from bis reporting banks recorded in Faroe Islands?
- The highest recorded value was 1.68 billion in 2021.
- What is the lowest 01_cross-border loans from bis reporting banks recorded in Faroe Islands?
- The lowest recorded value was 0 in 1995.
- How does Faroe Islands rank for 01_cross-border loans from bis reporting banks?
- Faroe Islands ranks 140th out of 209 countries with data for 2025.
- Is 01_cross-border loans from bis reporting banks rising or falling in Faroe Islands?
- Over the last ten years it is up 80.4%. The long-run trend across the full record is volatile.
- Where does this Faroe Islands data come from?
- The figures come from BIS, published as part of 01_Cross-border loans from BIS reporting banks. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The data are derived from the Bank for International Settlements (BIS) Locational Banking Statistics.