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Finance Indicator based on PARIS21 indicators on SDG 17.18.3 & SDG in Faroe Islands

Faroe Islands: Finance Indicator based on PARIS21 indicators on SDG 17.18.3 & SDG was 1 in 2023. ▬ Flat

Latest (2023)
1
Change on year
unchanged
World rank
1st
of 147 countries
All-time high
1
in 2019
All-time low
1
in 2019
Years of data
5
2019–2023

Finance Indicator based on PARIS21 indicators on SDG 17.18.3 & SDG in Faroe Islands, 2019–2023

00.20.40.60.812019202120232019: 12020: 12021: 12022: 12023: 1

Source: Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators).

Analysis

The most recent figure for finance indicator based on paris21 indicators on sdg 17.18.3 & sdg in Faroe Islands is 1, measured in 2023. That is the highest value across all 5 years on record.

That represents a change of unchanged over five years.

That places Faroe Islands 1st out of 147 countries with data for 2023, putting it in the top 10%.

Finance Indicator based on PARIS21 indicators on SDG 17.18.3 & SDG in Faroe Islands, year by year

Year Value Change
2019 1 —
2020 1 +0.0%
2021 1 +0.0%
2022 1 +0.0%
2023 1 +0.0%

Faroe Islands compared with similar countries

  • Faroe Islands's 1 is above the median for high income countries, which is 1, 1.0× the median. (63 countries reporting)
  • Faroe Islands's 1 is above the median for Europe & Central Asia, which is 1, 1.0× the median. (47 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 1 1 1 1
2020s 1 1 1 4

Countries ranked near Faroe Islands

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  11. 1 Bhutan 1 compare
  12. 1 Bosnia and Herzegovina 1 compare
  13. 1 Botswana 1 compare
  14. 1 Brunei 1 compare
  15. 1 Bulgaria 1 compare
  16. 1 Cape Verde 1 compare
  17. 1 Canada 1 compare
  18. 1 Cayman Islands 1 compare
  19. 1 Chile 1 compare
  20. 1 China 1 compare
  21. 1 Colombia 1 compare
  22. 1 Costa Rica 1 compare
  23. 1 Croatia 1 compare
  24. 1 Curacao 1 compare
  25. 1 Cyprus 1 compare
  26. 1 Czechia 1 compare
  27. 1 Denmark 1 compare
  28. 1 Dominican Republic 1 compare
  29. 1 Ecuador 1 compare
  30. 1 Equatorial Guinea 1 compare
  31. 1 Estonia 1 compare
  32. 1 Finland 1 compare
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  36. 1 Greece 1 compare
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  60. 1 North Macedonia 1 compare
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See the full ranking of 147 places →

More reference data data for Faroe Islands

All data for Faroe Islands →

Frequently asked questions

What is finance indicator based on paris21 indicators on sdg 17.18.3 & sdg in Faroe Islands?
Finance indicator based on paris21 indicators on sdg 17.18.3 & sdg in Faroe Islands was 1 in 2023, according to Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators).
What is the highest finance indicator based on paris21 indicators on sdg 17.18.3 & sdg recorded in Faroe Islands?
The highest recorded value was 1 in 2019.
What is the lowest finance indicator based on paris21 indicators on sdg 17.18.3 & sdg recorded in Faroe Islands?
The lowest recorded value was 1 in 2019.
How does Faroe Islands rank for finance indicator based on paris21 indicators on sdg 17.18.3 & sdg?
Faroe Islands ranks 1st out of 147 countries with data for 2023.
Where does this Faroe Islands data come from?
The figures come from Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators), published as part of Finance Indicator based on PARIS21 indicators on SDG 17.18.3 & SDG 17.19.1. Statizoid updates them automatically from the source API.

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Finance Indicator based on PARIS21 indicators on SDG 17.18.3 & SDG in Faroe Islands. Statizoid, drawing on Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators). Retrieved 29 September 2026, from https://reference.statizoid.com/stat/finance-indicator-based-on-paris21-indicators-on-sdg-17-18-3-and-sdg-17-19-1/faroe-islands/

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<a href="https://reference.statizoid.com/stat/finance-indicator-based-on-paris21-indicators-on-sdg-17-18-3-and-sdg-17-19-1/faroe-islands/">Finance Indicator based on PARIS21 indicators on SDG 17.18.3 & SDG in Faroe Islands</a> — Statizoid

About this data

Indicator
Finance Indicator based on PARIS21 indicators on SDG 17.18.3 & SDG 17.19.1
Source
Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
147 places, 1,260 data points, 2004–2023
Last refreshed

Indicator based on PARIS21 SDG indicators (SDG 17.18.3 (national statistical plan that is fully funded and under implementation) and SDG 17.19.1 (value of resources made available to strengthen statistical capacity)). Could also incorporate indicator of NSO budget as a percentage of GDP.