23_Liabilities to BIS banks, consolidated, total, per unit of GDP in Faroe Islands
Faroe Islands: 23_Liabilities to BIS banks, consolidated, total, per unit of GDP was 0.3605 units per US$ of GDP in 2024. ◆ Volatile
23_Liabilities to BIS banks, consolidated, total, per unit of GDP in Faroe Islands, 1997–2024
Source: Statizoid (derived). Measured in units per US$ of GDP.
Analysis
The most recent figure for 23_liabilities to bis banks, consolidated, total, per unit of gdp in Faroe Islands is 0.3605 units per US$ of GDP, measured in 2024.
The figure is up 12.2% on the previous year and up 17.4% over ten years.
Over the whole period, 23_liabilities to bis banks, consolidated, total, per unit of gdp in Faroe Islands peaked at 0.5498 units per US$ of GDP in 2008 and was at its lowest, 0 units per US$ of GDP, in 1997.
That places Faroe Islands 40th out of 205 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.
23_Liabilities to BIS banks, consolidated, total, per unit of GDP in Faroe Islands, year by year
| Year | units per US$ of GDP | Change |
|---|---|---|
| 1997 | 0 units per US$ of GDP | — |
| 1998 | 0.0208 units per US$ of GDP | — |
| 1999 | 0.0177 units per US$ of GDP | -14.8% |
| 2000 | 0.0178 units per US$ of GDP | +0.4% |
| 2001 | 0.0198 units per US$ of GDP | +11.3% |
| 2002 | 0.0125 units per US$ of GDP | -36.7% |
| 2003 | 0.0486 units per US$ of GDP | +287.3% |
| 2004 | 0.0945 units per US$ of GDP | +94.4% |
| 2005 | 0.121 units per US$ of GDP | +28.1% |
| 2006 | 0.2577 units per US$ of GDP | +112.9% |
| 2007 | 0.3792 units per US$ of GDP | +47.1% |
| 2008 | 0.5498 units per US$ of GDP | +45.0% |
| 2009 | 0.4852 units per US$ of GDP | -11.8% |
| 2010 | 0.3178 units per US$ of GDP | -34.5% |
| 2011 | 0.1724 units per US$ of GDP | -45.7% |
| 2012 | 0.1537 units per US$ of GDP | -10.9% |
| 2013 | 0.0996 units per US$ of GDP | -35.2% |
| 2014 | 0.307 units per US$ of GDP | +208.2% |
| 2015 | 0.2616 units per US$ of GDP | -14.8% |
| 2016 | 0.3082 units per US$ of GDP | +17.8% |
| 2017 | 0.2564 units per US$ of GDP | -16.8% |
| 2018 | 0.2838 units per US$ of GDP | +10.7% |
| 2019 | 0.2522 units per US$ of GDP | -11.2% |
| 2020 | 0.2821 units per US$ of GDP | +11.9% |
| 2021 | 0.3558 units per US$ of GDP | +26.2% |
| 2022 | 0.3718 units per US$ of GDP | +4.5% |
| 2023 | 0.3213 units per US$ of GDP | -13.6% |
| 2024 | 0.3605 units per US$ of GDP | +12.2% |
Faroe Islands compared with similar countries
- Faroe Islands's 0.3605 units per US$ of GDP is above the median for high income countries, which is 0.287 units per US$ of GDP, 1.3× the median. (77 countries reporting)
- Faroe Islands's 0.3605 units per US$ of GDP is above the median for Europe & Central Asia, which is 0.14 units per US$ of GDP, 2.6× the median. (55 countries reporting)
Biggest year-on-year movements
Years where 23_Liabilities to BIS banks, consolidated, 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 | +287.3% | 0.0125 units per US$ of GDP | 0.0486 units per US$ of GDP |
| 2014 | +208.2% | 0.0996 units per US$ of GDP | 0.307 units per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0129 units per US$ of GDP | 0 units per US$ of GDP | 0.0208 units per US$ of GDP | 3 |
| 2000s | 0.1986 units per US$ of GDP | 0.0125 units per US$ of GDP | 0.5498 units per US$ of GDP | 10 |
| 2010s | 0.2413 units per US$ of GDP | 0.0996 units per US$ of GDP | 0.3178 units per US$ of GDP | 10 |
| 2020s | 0.3383 units per US$ of GDP | 0.2821 units per US$ of GDP | 0.3718 units per US$ of GDP | 5 |
Countries ranked near Faroe Islands
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 23_liabilities to bis banks, consolidated, total, per unit of gdp in Faroe Islands?
- 23_liabilities to bis banks, consolidated, total, per unit of gdp in Faroe Islands was 0.3605 units per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest 23_liabilities to bis banks, consolidated, total, per unit of gdp recorded in Faroe Islands?
- The highest recorded value was 0.5498 units per US$ of GDP in 2008.
- What is the lowest 23_liabilities to bis banks, consolidated, total, 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 23_liabilities to bis banks, consolidated, total, per unit of gdp?
- Faroe Islands ranks 40th out of 205 countries with data for 2024.
- Is 23_liabilities to bis banks, consolidated, total, per unit of gdp rising or falling in Faroe Islands?
- Over the last ten years it is up 17.4%. 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 23_Liabilities to BIS banks, consolidated, total, per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
23_Liabilities to BIS banks, consolidated, total divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
23_Liabilities to BIS banks, consolidated, total ÷ GDP (current US$)
Computed from
- 23_Liabilities to BIS banks, consolidated, 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
23_Liabilities to BIS banks, consolidated, 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.