28_Cross-border dep. with BIS banks, nonbanks, per capita in Faroe Islands

Faroe Islands: 28_Cross-border dep. with BIS banks, nonbanks, per capita was 4,614 units per person in 2025. ◆ Volatile

Latest (2025)
4,614 units per person
Change on year
up 7.4%
World rank
42nd
of 208 countries
All-time high
9,197 units per person
in 2017
All-time low
0 units per person
in 1995
Years of data
31
1995–2025

28_Cross-border dep. with BIS banks, nonbanks, per capita in Faroe Islands, 1995–2025

02.0k4.0k6.0k8.0k10.0k1995201020251995: 0 units per person1996: 0 units per person1997: 0 units per person1998: 0 units per person1999: 110.8 units per person2000: 131.1 units per person2001: 42.9 units per person2002: 295.8 units per person2003: 291.5 units per person2004: 289.4 units per person2005: 1.8k units per person2006: 765.5 units per person2007: 992.2 units per person2008: 1.5k units per person2009: 1.4k units per person2010: 1.3k units per person2011: 3.6k units per person2012: 1.5k units per person2013: 2.2k units per person2014: 2.3k units per person2015: 1.9k units per person2016: 2.6k units per person2017: 9.2k units per person2018: 3.9k units per person2019: 2.4k units per person2020: 3.4k units per person2021: 2.8k units per person2022: 3.4k units per person2023: 4.5k units per person2024: 4.3k units per person2025: 4.6k units per person

Source: Statizoid (derived). Measured in units per person.

Analysis

In 2025, 28_cross-border dep. with bis banks, nonbanks, per capita in Faroe Islands stood at 4,614 units per person.

Compared with earlier readings it is up 7.4% on the previous year and up 141.2% over ten years.

Over the whole period, 28_cross-border dep. with bis banks, nonbanks, per capita in Faroe Islands peaked at 9,197 units per person in 2017 and was at its lowest, 0 units per person, in 1995.

That places Faroe Islands 42nd out of 208 countries with data for 2025, putting it in the top quarter.

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

28_Cross-border dep. with BIS banks, nonbanks, per capita in Faroe Islands, year by year

Annual values for 28_Cross-border dep. with BIS banks, nonbanks, per capita in Faroe Islands, 1995 to 2025.
Year units per person Change
1995 0 units per person
1996 0 units per person
1997 0 units per person
1998 0 units per person
1999 110.75 units per person
2000 131.14 units per person +18.4%
2001 42.89 units per person -67.3%
2002 295.76 units per person +589.6%
2003 291.47 units per person -1.5%
2004 289.35 units per person -0.7%
2005 1,799 units per person +521.7%
2006 765.49 units per person -57.5%
2007 992.19 units per person +29.6%
2008 1,545 units per person +55.7%
2009 1,414 units per person -8.5%
2010 1,336 units per person -5.5%
2011 3,564 units per person +166.8%
2012 1,512 units per person -57.6%
2013 2,180 units per person +44.2%
2014 2,296 units per person +5.3%
2015 1,913 units per person -16.7%
2016 2,556 units per person +33.6%
2017 9,197 units per person +259.9%
2018 3,927 units per person -57.3%
2019 2,405 units per person -38.8%
2020 3,365 units per person +39.9%
2021 2,784 units per person -17.3%
2022 3,430 units per person +23.2%
2023 4,454 units per person +29.9%
2024 4,298 units per person -3.5%
2025 4,614 units per person +7.4%

Faroe Islands compared with similar countries

  • Faroe Islands's 4,614 units per person is above the median for high income countries, which is 3,973 units per person, 1.2× the median. (79 countries reporting)
  • Faroe Islands's 4,614 units per person is above the median for Europe & Central Asia, which is 1,670 units per person, 2.8× the median. (56 countries reporting)

Biggest year-on-year movements

Years where 28_Cross-border dep. with BIS banks, nonbanks, per capita 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
2002 +589.6% 42.89 units per person 295.76 units per person
2005 +521.7% 289.35 units per person 1,799 units per person
2017 +259.9% 2,556 units per person 9,197 units per person

Averages by decade

DecadeAverage LowestHighest Years
1990s 22.15 units per person 0 units per person 110.75 units per person 5
2000s 756.64 units per person 42.89 units per person 1,799 units per person 10
2010s 3,089 units per person 1,336 units per person 9,197 units per person 10
2020s 3,824 units per person 2,784 units per person 4,614 units per person 6

Countries ranked near Faroe Islands

  1. 39 Aruba 5,052 units per person compare
  2. 40 Saint Vincent and the Grenadines 4,921 units per person compare
  3. 41 Norway 4,699 units per person compare
  4. 43 Germany 4,410 units per person compare
  5. 44 Austria 4,390 units per person compare
  6. 45 Bahrain 4,203 units per person compare

See the full ranking of 208 places →

More reference data data for Faroe Islands

All data for Faroe Islands →

Frequently asked questions

What is 28_cross-border dep. with bis banks, nonbanks, per capita in Faroe Islands?
28_cross-border dep. with bis banks, nonbanks, per capita in Faroe Islands was 4,614 units per person in 2025, according to Statizoid (derived).
What is the highest 28_cross-border dep. with bis banks, nonbanks, per capita recorded in Faroe Islands?
The highest recorded value was 9,197 units per person in 2017.
What is the lowest 28_cross-border dep. with bis banks, nonbanks, per capita recorded in Faroe Islands?
The lowest recorded value was 0 units per person in 1995.
How does Faroe Islands rank for 28_cross-border dep. with bis banks, nonbanks, per capita?
Faroe Islands ranks 42nd out of 208 countries with data for 2025.
Is 28_cross-border dep. with bis banks, nonbanks, per capita rising or falling in Faroe Islands?
Over the last ten years it is up 141.2%. 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, per capita. Statizoid updates them automatically from the source API.

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28_Cross-border dep. with BIS banks, nonbanks, per capita in Faroe Islands. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://reference.statizoid.com/stat/28-cross-border-dep-with-bis-banks-nonbanks-per-capita/faroe-islands/

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<a href="https://reference.statizoid.com/stat/28-cross-border-dep-with-bis-banks-nonbanks-per-capita/faroe-islands/">28_Cross-border dep. with BIS banks, nonbanks, per capita in Faroe Islands</a> — Statizoid

How this figure is calculated

28_Cross-border dep. with BIS banks, nonbanks divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

28_Cross-border dep. with BIS banks, nonbanks ÷ Population, total

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
28_Cross-border dep. with BIS banks, nonbanks, per capita
Unit
units per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
208 places, 6,294 data points, 1995–2025
Last refreshed

28_Cross-border dep. with BIS banks, nonbanks divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.