22_Liabilities to BIS banks, locational, total, per unit of GDP in Faroe Islands
Faroe Islands: 22_Liabilities to BIS banks, locational, total, per unit of GDP was 0.3732 units per US$ of GDP in 2024. ◆ Volatile
22_Liabilities to BIS banks, locational, total, per unit of GDP in Faroe Islands, 1993–2024
Source: Statizoid (derived). Measured in units per US$ of GDP.
Analysis
The most recent figure for 22_liabilities to bis banks, locational, total, per unit of gdp in Faroe Islands is 0.3732 units per US$ of GDP, measured in 2024.
That represents a change of up 14.3% on the previous year and down 15.0% over ten years.
Over the whole period, 22_liabilities to bis banks, locational, total, per unit of gdp in Faroe Islands peaked at 0.5103 units per US$ of GDP in 2021 and was at its lowest, 0 units per US$ of GDP, in 1993.
That places Faroe Islands 40th out of 204 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
22_Liabilities to BIS banks, locational, total, per unit of GDP in Faroe Islands, year by year
| Year | units per US$ of GDP | Change |
|---|---|---|
| 1993 | 0 units per US$ of GDP | — |
| 1994 | 0 units per US$ of GDP | — |
| 1995 | 0 units per US$ of GDP | — |
| 1996 | 0 units per US$ of GDP | — |
| 1997 | 0 units per US$ of GDP | — |
| 1998 | 0 units per US$ of GDP | — |
| 1999 | 0.0213 units per US$ of GDP | — |
| 2000 | 0.0225 units per US$ of GDP | +5.7% |
| 2001 | 0.0215 units per US$ of GDP | -4.2% |
| 2002 | 0.011 units per US$ of GDP | -49.0% |
| 2003 | 0.0799 units per US$ of GDP | +627.7% |
| 2004 | 0.1287 units per US$ of GDP | +61.1% |
| 2005 | 0.1796 units per US$ of GDP | +39.5% |
| 2006 | 0.2552 units per US$ of GDP | +42.1% |
| 2007 | 0.3296 units per US$ of GDP | +29.1% |
| 2008 | 0.4936 units per US$ of GDP | +49.7% |
| 2009 | 0.4617 units per US$ of GDP | -6.5% |
| 2010 | 0.3208 units per US$ of GDP | -30.5% |
| 2011 | 0.1728 units per US$ of GDP | -46.1% |
| 2012 | 0.1763 units per US$ of GDP | +2.0% |
| 2013 | 0.1066 units per US$ of GDP | -39.6% |
| 2014 | 0.439 units per US$ of GDP | +311.9% |
| 2015 | 0.3478 units per US$ of GDP | -20.8% |
| 2016 | 0.43 units per US$ of GDP | +23.6% |
| 2017 | 0.3415 units per US$ of GDP | -20.6% |
| 2018 | 0.3972 units per US$ of GDP | +16.3% |
| 2019 | 0.3836 units per US$ of GDP | -3.4% |
| 2020 | 0.3983 units per US$ of GDP | +3.8% |
| 2021 | 0.5103 units per US$ of GDP | +28.1% |
| 2022 | 0.4138 units per US$ of GDP | -18.9% |
| 2023 | 0.3263 units per US$ of GDP | -21.1% |
| 2024 | 0.3732 units per US$ of GDP | +14.3% |
Faroe Islands compared with similar countries
- Faroe Islands's 0.3732 units per US$ of GDP is above the median for high income countries, which is 0.3415 units per US$ of GDP, 1.1× the median. (77 countries reporting)
- Faroe Islands's 0.3732 units per US$ of GDP is above the median for Europe & Central Asia, which is 0.1627 units per US$ of GDP, 2.3× the median. (55 countries reporting)
Biggest year-on-year movements
Years where 22_Liabilities to BIS banks, locational, total, 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.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +627.7% | 0.011 units per US$ of GDP | 0.0799 units per US$ of GDP |
| 2014 | +311.9% | 0.1066 units per US$ of GDP | 0.439 units per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.003 units per US$ of GDP | 0 units per US$ of GDP | 0.0213 units per US$ of GDP | 7 |
| 2000s | 0.1983 units per US$ of GDP | 0.011 units per US$ of GDP | 0.4936 units per US$ of GDP | 10 |
| 2010s | 0.3116 units per US$ of GDP | 0.1066 units per US$ of GDP | 0.439 units per US$ of GDP | 10 |
| 2020s | 0.4044 units per US$ of GDP | 0.3263 units per US$ of GDP | 0.5103 units per US$ of GDP | 5 |
Countries ranked near Faroe Islands
- 37 Germany 0.4443 units per US$ of GDP compare
- 38 Japan 0.3845 units per US$ of GDP compare
- 39 Cambodia 0.3782 units per US$ of GDP compare
- 41 Italy 0.3665 units per US$ of GDP compare
- 42 French Polynesia 0.3649 units per US$ of GDP compare
- 43 Saint Kitts and Nevis 0.353 units per US$ of GDP compare
More reference data data for Faroe Islands
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - IPCC Agriculture 22.95 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Manure Management 1.83 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Manure applied to Soils 1.34 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Manure left on Pasture 6.33 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Enteric 21.86 (2050)
- Emission Totals - Emissions (CH4) - Enteric Fermentation 0.7808 (2050)
- Emission Totals - Emissions (CH4) - Manure Management 0.0388 (2050)
- Emission Totals - Emissions (CH4) - IPCC Agriculture 0.8196 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - IPCC Agriculture 31.38 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Manure Management 1.09 (2050)
Frequently asked questions
- What is 22_liabilities to bis banks, locational, total, per unit of gdp in Faroe Islands?
- 22_liabilities to bis banks, locational, total, per unit of gdp in Faroe Islands was 0.3732 units per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest 22_liabilities to bis banks, locational, total, per unit of gdp recorded in Faroe Islands?
- The highest recorded value was 0.5103 units per US$ of GDP in 2021.
- What is the lowest 22_liabilities to bis banks, locational, total, per unit of gdp recorded in Faroe Islands?
- The lowest recorded value was 0 units per US$ of GDP in 1993.
- How does Faroe Islands rank for 22_liabilities to bis banks, locational, total, per unit of gdp?
- Faroe Islands ranks 40th out of 204 countries with data for 2024.
- Is 22_liabilities to bis banks, locational, total, per unit of gdp rising or falling in Faroe Islands?
- Over the last ten years it is down 15.0%. 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 22_Liabilities to BIS banks, locational, total, per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
22_Liabilities to BIS banks, locational, total divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
22_Liabilities to BIS banks, locational, total ÷ GDP (current US$)
Computed from
- 22_Liabilities to BIS banks, locational, total BIS
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
22_Liabilities to BIS banks, locational, total divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.