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

Faroe Islands: 28_Cross-border dep. with BIS banks, nonbanks was 253.33 million in 2025. ◆ Volatile

Latest (2025)
253.33 million
Change on year
up 7.9%
World rank
161st
of 209 countries
All-time high
461.52 million
in 2017
All-time low
0
in 1995
Years of data
31
1995–2025

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

0100.0M200.0M300.0M400.0M500.0M1995201020251995: 01996: 01997: 01998: 01999: 5.0M2000: 6.0M2001: 2.0M2002: 14.0M2003: 14.0M2004: 14.0M2005: 87.0M2006: 37.0M2007: 48.0M2008: 75.0M2009: 69.0M2010: 65.0M2011: 173.0M2012: 73.0M2013: 105.2M2014: 111.2M2015: 93.5M2016: 126.4M2017: 461.5M2018: 200.3M2019: 124.6M2020: 176.9M2021: 148.4M2022: 184.9M2023: 242.3M2024: 234.9M2025: 253.3M

Source: BIS.

Analysis

Faroe Islands recorded 253.33 million for 28_cross-border dep. with bis banks, nonbanks in 2025.

Compared with earlier readings it is up 7.9% on the previous year and up 170.8% over ten years.

Over the whole period, 28_cross-border dep. with bis banks, nonbanks in Faroe Islands peaked at 461.52 million in 2017 and was at its lowest, 0, in 1995.

That places Faroe Islands 161st out of 209 countries with data for 2025, putting it in the bottom 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 in Faroe Islands, year by year

Annual values for 28_Cross-border dep. with BIS banks, nonbanks in Faroe Islands, 1995 to 2025.
Year Value Change
1995 0 —
1996 0 —
1997 0 —
1998 0 —
1999 5.00 million —
2000 6.00 million +20.0%
2001 2.00 million -66.7%
2002 14.00 million +600.0%
2003 14.00 million +0.0%
2004 14.00 million +0.0%
2005 87.00 million +521.4%
2006 37.00 million -57.5%
2007 48.00 million +29.7%
2008 75.00 million +56.2%
2009 69.00 million -8.0%
2010 65.00 million -5.8%
2011 173.00 million +166.2%
2012 73.00 million -57.8%
2013 105.18 million +44.1%
2014 111.21 million +5.7%
2015 93.54 million -15.9%
2016 126.41 million +35.1%
2017 461.52 million +265.1%
2018 200.29 million -56.6%
2019 124.56 million -37.8%
2020 176.89 million +42.0%
2021 148.36 million -16.1%
2022 184.88 million +24.6%
2023 242.28 million +31.0%
2024 234.86 million -3.1%
2025 253.33 million +7.9%

Faroe Islands compared with similar countries

  • Faroe Islands's 253.33 million is below the median for high income countries, which is 17.10 billion, 1% of the median. (79 countries reporting)
  • Faroe Islands's 253.33 million is below the median for Europe & Central Asia, which is 4.35 billion, 6% of the median. (56 countries reporting)

Biggest year-on-year movements

Years where 28_Cross-border dep. with BIS banks, nonbanks 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 +600.0% 2.00 million 14.00 million
2005 +521.4% 14.00 million 87.00 million
2017 +265.1% 126.41 million 461.52 million

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.00 million 0 5.00 million 5
2000s 36.60 million 2.00 million 87.00 million 10
2010s 153.37 million 65.00 million 461.52 million 10
2020s 206.77 million 148.36 million 253.33 million 6

Countries ranked near Faroe Islands

  1. 158 Chad 299.93 million compare
  2. 159 Yemen 278.68 million compare
  3. 160 Montenegro 275.82 million compare
  4. 162 Fiji 249.95 million compare
  5. 163 Haiti 247.01 million compare
  6. 164 Malawi 246.86 million compare

See the full ranking of 209 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 in Faroe Islands?
28_cross-border dep. with bis banks, nonbanks in Faroe Islands was 253.33 million in 2025, according to BIS.
What is the highest 28_cross-border dep. with bis banks, nonbanks recorded in Faroe Islands?
The highest recorded value was 461.52 million in 2017.
What is the lowest 28_cross-border dep. with bis banks, nonbanks recorded in Faroe Islands?
The lowest recorded value was 0 in 1995.
How does Faroe Islands rank for 28_cross-border dep. with bis banks, nonbanks?
Faroe Islands ranks 161st out of 209 countries with data for 2025.
Is 28_cross-border dep. with bis banks, nonbanks rising or falling in Faroe Islands?
Over the last ten years it is up 170.8%. The long-run trend across the full record is volatile.
Where does this Faroe Islands data come from?
The figures come from BIS, published as part of 28_Cross-border dep. with BIS banks, nonbanks. Statizoid updates them automatically from the source API.

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28_Cross-border dep. with BIS banks, nonbanks in Faroe Islands. Statizoid, drawing on BIS. Retrieved 29 September 2026, from https://reference.statizoid.com/stat/28-cross-border-dep-with-bis-banks-nonbanks/faroe-islands/

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About this data

Indicator
28_Cross-border dep. with BIS banks, nonbanks
Source
BIS
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
209 places, 6,311 data points, 1995–2025
Last refreshed

The data are derived from the BIS locational banking statistics. Deposits with BIS reporting banks are shown in BIS publications as banks' liabilities to their creditors.