12_Liabilities to BIS banks (cons.), short term, per unit of GDP in Faroe Islands

Faroe Islands: 12_Liabilities to BIS banks (cons.), short term, per unit of GDP was 0.1347 units per US$ of GDP in 2024. ◆ Volatile

Latest (2024)
0.1347 units per US$ of GDP
Change on year
up 33.7%
World rank
42nd
of 205 countries
All-time high
0.351 units per US$ of GDP
in 2009
All-time low
0 units per US$ of GDP
in 1997
Years of data
28
1997–2024

12_Liabilities to BIS banks (cons.), short term, per unit of GDP in Faroe Islands, 1997–2024

00.10.20.30.41997201020241997: 0 units per US$ of GDP1998: 0.017 units per US$ of GDP1999: 0.015 units per US$ of GDP2000: 0.014 units per US$ of GDP2001: 0.016 units per US$ of GDP2002: 0.013 units per US$ of GDP2003: 0.039 units per US$ of GDP2004: 0.072 units per US$ of GDP2005: 0.09 units per US$ of GDP2006: 0.17 units per US$ of GDP2007: 0.206 units per US$ of GDP2008: 0.307 units per US$ of GDP2009: 0.351 units per US$ of GDP2010: 0.212 units per US$ of GDP2011: 0.013 units per US$ of GDP2012: 0.023 units per US$ of GDP2013: 0.039 units per US$ of GDP2014: 0.009 units per US$ of GDP2015: 0.031 units per US$ of GDP2016: 0.037 units per US$ of GDP2017: 0.042 units per US$ of GDP2018: 0.01 units per US$ of GDP2019: 0.048 units per US$ of GDP2020: 0.063 units per US$ of GDP2021: 0.1 units per US$ of GDP2022: 0.133 units per US$ of GDP2023: 0.101 units per US$ of GDP2024: 0.135 units per US$ of GDP

Source: Statizoid (derived). Measured in units per US$ of GDP.

Analysis

The most recent figure for 12_liabilities to bis banks (cons.), short term, per unit of gdp in Faroe Islands is 0.1347 units per US$ of GDP, measured in 2024.

That represents a change of up 33.7% on the previous year and up 1,443.7% over ten years.

Over the whole period, 12_liabilities to bis banks (cons.), short term, per unit of gdp in Faroe Islands peaked at 0.351 units per US$ of GDP in 2009 and was at its lowest, 0 units per US$ of GDP, in 1997.

Faroe Islands ranks 42nd of 205 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

12_Liabilities to BIS banks (cons.), short term, per unit of GDP in Faroe Islands, year by year

Annual values for 12_Liabilities to BIS banks (cons.), short term, per unit of GDP in Faroe Islands, 1997 to 2024.
Year units per US$ of GDP Change
1997 0 units per US$ of GDP
1998 0.0172 units per US$ of GDP
1999 0.0151 units per US$ of GDP -12.3%
2000 0.0141 units per US$ of GDP -6.8%
2001 0.0155 units per US$ of GDP +10.4%
2002 0.0125 units per US$ of GDP -19.1%
2003 0.0393 units per US$ of GDP +213.1%
2004 0.0725 units per US$ of GDP +84.5%
2005 0.0898 units per US$ of GDP +23.9%
2006 0.17 units per US$ of GDP +89.3%
2007 0.2056 units per US$ of GDP +21.0%
2008 0.3068 units per US$ of GDP +49.2%
2009 0.351 units per US$ of GDP +14.4%
2010 0.2119 units per US$ of GDP -39.6%
2011 0.0128 units per US$ of GDP -94.0%
2012 0.0235 units per US$ of GDP +83.9%
2013 0.0387 units per US$ of GDP +64.6%
2014 0.0087 units per US$ of GDP -77.4%
2015 0.0312 units per US$ of GDP +257.4%
2016 0.0371 units per US$ of GDP +18.9%
2017 0.0421 units per US$ of GDP +13.4%
2018 0.0098 units per US$ of GDP -76.7%
2019 0.0478 units per US$ of GDP +388.4%
2020 0.0625 units per US$ of GDP +30.8%
2021 0.1005 units per US$ of GDP +60.6%
2022 0.1334 units per US$ of GDP +32.7%
2023 0.1007 units per US$ of GDP -24.5%
2024 0.1347 units per US$ of GDP +33.7%

Faroe Islands compared with similar countries

  • Faroe Islands's 0.1347 units per US$ of GDP is above the median for high income countries, which is 0.1034 units per US$ of GDP, 1.3× the median. (77 countries reporting)
  • Faroe Islands's 0.1347 units per US$ of GDP is above the median for Europe & Central Asia, which is 0.0486 units per US$ of GDP, 2.8× the median. (55 countries reporting)

Biggest year-on-year movements

Years where 12_Liabilities to BIS banks (cons.), short term, per unit of GDP 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.

YearChange FromTo
2019 +388.4% 0.0098 units per US$ of GDP 0.0478 units per US$ of GDP

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.0108 units per US$ of GDP 0 units per US$ of GDP 0.0172 units per US$ of GDP 3
2000s 0.1277 units per US$ of GDP 0.0125 units per US$ of GDP 0.351 units per US$ of GDP 10
2010s 0.0463 units per US$ of GDP 0.0087 units per US$ of GDP 0.2119 units per US$ of GDP 10
2020s 0.1064 units per US$ of GDP 0.0625 units per US$ of GDP 0.1347 units per US$ of GDP 5

Countries ranked near Faroe Islands

  1. 39 Japan 0.1554 units per US$ of GDP compare
  2. 40 Cambodia 0.1431 units per US$ of GDP compare
  3. 41 Germany 0.1405 units per US$ of GDP compare
  4. 43 Slovakia 0.1321 units per US$ of GDP compare
  5. 44 Saint Vincent and the Grenadines 0.1299 units per US$ of GDP compare
  6. 45 Solomon Islands 0.1274 units per US$ of GDP compare

See the full ranking of 205 places →

More reference data data for Faroe Islands

All data for Faroe Islands →

Frequently asked questions

What is 12_liabilities to bis banks (cons.), short term, per unit of gdp in Faroe Islands?
12_liabilities to bis banks (cons.), short term, per unit of gdp in Faroe Islands was 0.1347 units per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest 12_liabilities to bis banks (cons.), short term, per unit of gdp recorded in Faroe Islands?
The highest recorded value was 0.351 units per US$ of GDP in 2009.
What is the lowest 12_liabilities to bis banks (cons.), short term, per unit of gdp recorded in Faroe Islands?
The lowest recorded value was 0 units per US$ of GDP in 1997.
How does Faroe Islands rank for 12_liabilities to bis banks (cons.), short term, per unit of gdp?
Faroe Islands ranks 42nd out of 205 countries with data for 2024.
Is 12_liabilities to bis banks (cons.), short term, per unit of gdp rising or falling in Faroe Islands?
Over the last ten years it is up 1,443.7%. The long-run trend across the full record is volatile.
Where does this Faroe Islands data come from?
The figures come from Statizoid (derived), published as part of 12_Liabilities to BIS banks (cons.), short term, per unit of GDP. Statizoid updates them automatically from the source API.

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12_Liabilities to BIS banks (cons.), short term, per unit of GDP in Faroe Islands. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/12-liabilities-to-bis-banks-cons-short-term-per-unit-of-gdp/faroe-islands/

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How this figure is calculated

12_Liabilities to BIS banks (cons.), short term divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

12_Liabilities to BIS banks (cons.), short term ÷ GDP (current US$)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
12_Liabilities to BIS banks (cons.), short term, per unit of GDP
Unit
units per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
205 places, 6,810 data points, 1990–2025
Last refreshed

12_Liabilities to BIS banks (cons.), short term divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.