28_Cross-border dep. with BIS banks, nonbanks, annual growth rate in Faroe Islands
Faroe Islands: 28_Cross-border dep. with BIS banks, nonbanks, annual growth rate was 7.87 % change on previous year in 2025. ◆ Volatile
28_Cross-border dep. with BIS banks, nonbanks, annual growth rate in Faroe Islands, 2000–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for 28_cross-border dep. with bis banks, nonbanks, annual growth rate in Faroe Islands is 7.87 % change on previous year, measured in 2025.
That represents a change of up 356.6% on the previous year and up 149.5% over ten years.
Over the whole period, 28_cross-border dep. with bis banks, nonbanks, annual growth rate in Faroe Islands peaked at 600 % change on previous year in 2002 and was at its lowest, -66.67 % change on previous year, in 2001.
Faroe Islands ranks 77th of 208 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.
28_Cross-border dep. with BIS banks, nonbanks, annual growth rate in Faroe Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2000 | 20 % change on previous year | — |
| 2001 | -66.67 % change on previous year | -433.3% |
| 2002 | 600 % change on previous year | -1000.0% |
| 2003 | 0 % change on previous year | -100.0% |
| 2004 | 0 % change on previous year | — |
| 2005 | 521.43 % change on previous year | — |
| 2006 | -57.47 % change on previous year | -111.0% |
| 2007 | 29.73 % change on previous year | -151.7% |
| 2008 | 56.25 % change on previous year | +89.2% |
| 2009 | -8 % change on previous year | -114.2% |
| 2010 | -5.8 % change on previous year | -27.5% |
| 2011 | 166.15 % change on previous year | -2966.2% |
| 2012 | -57.8 % change on previous year | -134.8% |
| 2013 | 44.08 % change on previous year | -176.3% |
| 2014 | 5.73 % change on previous year | -87.0% |
| 2015 | -15.89 % change on previous year | -377.2% |
| 2016 | 35.15 % change on previous year | -321.2% |
| 2017 | 265.08 % change on previous year | +654.2% |
| 2018 | -56.6 % change on previous year | -121.4% |
| 2019 | -37.81 % change on previous year | -33.2% |
| 2020 | 42.01 % change on previous year | -211.1% |
| 2021 | -16.13 % change on previous year | -138.4% |
| 2022 | 24.62 % change on previous year | -252.6% |
| 2023 | 31.05 % change on previous year | +26.1% |
| 2024 | -3.06 % change on previous year | -109.9% |
| 2025 | 7.87 % change on previous year | -356.6% |
Faroe Islands compared with similar countries
- Faroe Islands's 7.87 % change on previous year is above the median for high income countries, which is 4.37 % change on previous year, 1.8× the median. (78 countries reporting)
- Faroe Islands's 7.87 % change on previous year is above the median for Europe & Central Asia, which is 1.62 % change on previous year, 4.9× the median. (55 countries reporting)
Biggest year-on-year movements
Years where 28_Cross-border dep. with BIS banks, nonbanks, annual growth rate 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 |
|---|---|---|---|
| 2011 | +2966.2% | -5.8 % change on previous year | 166.15 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 109.53 % change on previous year | -66.67 % change on previous year | 600 % change on previous year | 10 |
| 2010s | 34.23 % change on previous year | -57.8 % change on previous year | 265.08 % change on previous year | 10 |
| 2020s | 14.39 % change on previous year | -16.13 % change on previous year | 42.01 % change on previous year | 6 |
Countries ranked near Faroe Islands
- 74 New Zealand 8.14 % change on previous year compare
- 75 Uganda 8.06 % change on previous year compare
- 76 Uzbekistan 7.99 % change on previous year compare
- 78 Fiji 7.65 % change on previous year compare
- 79 Greenland 7.44 % change on previous year compare
- 80 Israel 7.39 % change on previous year 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 28_cross-border dep. with bis banks, nonbanks, annual growth rate in Faroe Islands?
- 28_cross-border dep. with bis banks, nonbanks, annual growth rate in Faroe Islands was 7.87 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest 28_cross-border dep. with bis banks, nonbanks, annual growth rate recorded in Faroe Islands?
- The highest recorded value was 600 % change on previous year in 2002.
- What is the lowest 28_cross-border dep. with bis banks, nonbanks, annual growth rate recorded in Faroe Islands?
- The lowest recorded value was -66.67 % change on previous year in 2001.
- How does Faroe Islands rank for 28_cross-border dep. with bis banks, nonbanks, annual growth rate?
- Faroe Islands ranks 77th out of 208 countries with data for 2025.
- Is 28_cross-border dep. with bis banks, nonbanks, annual growth rate rising or falling in Faroe Islands?
- Over the last ten years it is up 149.5%. 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 28_Cross-border dep. with BIS banks, nonbanks, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in 28_Cross-border dep. with BIS banks, nonbanks. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
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
The year-on-year percentage change in 28_Cross-border dep. with BIS banks, nonbanks. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.