27_Cross-border deposits with BIS rep. banks, per unit of GDP in Faroe Islands
Faroe Islands: 27_Cross-border deposits with BIS rep. banks, per unit of GDP was 0.0744 units per US$ of GDP in 2024. ◆ Volatile
27_Cross-border deposits with BIS rep. banks, per unit of GDP in Faroe Islands, 1995–2024
Source: Statizoid (derived). Measured in units per US$ of GDP.
Analysis
Faroe Islands recorded 0.0744 units per US$ of GDP for 27_cross-border deposits with bis rep. banks, per unit of gdp in 2024.
The figure is down 9.3% on the previous year and down 9.1% over ten years.
Over the whole period, 27_cross-border deposits with bis rep. banks, per unit of gdp in Faroe Islands peaked at 0.1832 units per US$ of GDP in 2017 and was at its lowest, 0 units per US$ of GDP, in 1995.
Faroe Islands ranks 123rd of 205 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
27_Cross-border deposits with BIS rep. banks, per unit of GDP in Faroe Islands, year by year
| Year | units per US$ of GDP | Change |
|---|---|---|
| 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 | 0.0053 units per US$ of GDP | — |
| 2000 | 0.0056 units per US$ of GDP | +5.7% |
| 2001 | 0.0034 units per US$ of GDP | -38.7% |
| 2002 | 0.0149 units per US$ of GDP | +332.2% |
| 2003 | 0.0679 units per US$ of GDP | +355.8% |
| 2004 | 0.0504 units per US$ of GDP | -25.7% |
| 2005 | 0.0813 units per US$ of GDP | +61.1% |
| 2006 | 0.0466 units per US$ of GDP | -42.7% |
| 2007 | 0.0748 units per US$ of GDP | +60.6% |
| 2008 | 0.0647 units per US$ of GDP | -13.6% |
| 2009 | 0.0675 units per US$ of GDP | +4.4% |
| 2010 | 0.0815 units per US$ of GDP | +20.7% |
| 2011 | 0.101 units per US$ of GDP | +23.9% |
| 2012 | 0.0948 units per US$ of GDP | -6.1% |
| 2013 | 0.096 units per US$ of GDP | +1.3% |
| 2014 | 0.0819 units per US$ of GDP | -14.7% |
| 2015 | 0.0549 units per US$ of GDP | -32.9% |
| 2016 | 0.0729 units per US$ of GDP | +32.6% |
| 2017 | 0.1832 units per US$ of GDP | +151.5% |
| 2018 | 0.0877 units per US$ of GDP | -52.1% |
| 2019 | 0.0583 units per US$ of GDP | -33.5% |
| 2020 | 0.0771 units per US$ of GDP | +32.2% |
| 2021 | 0.0631 units per US$ of GDP | -18.1% |
| 2022 | 0.0811 units per US$ of GDP | +28.5% |
| 2023 | 0.082 units per US$ of GDP | +1.1% |
| 2024 | 0.0744 units per US$ of GDP | -9.3% |
Faroe Islands compared with similar countries
- Faroe Islands's 0.0744 units per US$ of GDP is below the median for high income countries, which is 0.2299 units per US$ of GDP, 32% of the median. (77 countries reporting)
- Faroe Islands's 0.0744 units per US$ of GDP is below the median for Europe & Central Asia, which is 0.1043 units per US$ of GDP, 71% of the median. (55 countries reporting)
Biggest year-on-year movements
Years where 27_Cross-border deposits with BIS rep. banks, 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 | +355.8% | 0.0149 units per US$ of GDP | 0.0679 units per US$ of GDP |
| 2002 | +332.2% | 0.0034 units per US$ of GDP | 0.0149 units per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0011 units per US$ of GDP | 0 units per US$ of GDP | 0.0053 units per US$ of GDP | 5 |
| 2000s | 0.0477 units per US$ of GDP | 0.0034 units per US$ of GDP | 0.0813 units per US$ of GDP | 10 |
| 2010s | 0.0912 units per US$ of GDP | 0.0549 units per US$ of GDP | 0.1832 units per US$ of GDP | 10 |
| 2020s | 0.0755 units per US$ of GDP | 0.0631 units per US$ of GDP | 0.082 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 27_cross-border deposits with bis rep. banks, per unit of gdp in Faroe Islands?
- 27_cross-border deposits with bis rep. banks, per unit of gdp in Faroe Islands was 0.0744 units per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest 27_cross-border deposits with bis rep. banks, per unit of gdp recorded in Faroe Islands?
- The highest recorded value was 0.1832 units per US$ of GDP in 2017.
- What is the lowest 27_cross-border deposits with bis rep. banks, per unit of gdp recorded in Faroe Islands?
- The lowest recorded value was 0 units per US$ of GDP in 1995.
- How does Faroe Islands rank for 27_cross-border deposits with bis rep. banks, per unit of gdp?
- Faroe Islands ranks 123rd out of 205 countries with data for 2024.
- Is 27_cross-border deposits with bis rep. banks, per unit of gdp rising or falling in Faroe Islands?
- Over the last ten years it is down 9.1%. 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 27_Cross-border deposits with BIS rep. banks, per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
27_Cross-border deposits with BIS rep. banks divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
27_Cross-border deposits with BIS rep. banks ÷ GDP (current US$)
Computed from
- 27_Cross-border deposits with BIS rep. banks 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
27_Cross-border deposits with BIS rep. banks divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.