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GOAL 9: Industry, Innovation and Infrastructure in Faroe Islands

Faroe Islands: GOAL 9: Industry, Innovation and Infrastructure was 0.2 5 year moving average in 2023. ◆ Volatile

Latest (2023)
0.2 5 year moving average
Change on year
up 100.0%
World rank
202nd
of 215 countries
All-time high
0.222 5 year moving average
in 2020
All-time low
0 5 year moving average
in 2004
Years of data
20
2004–2023

GOAL 9: Industry, Innovation and Infrastructure in Faroe Islands, 2004–2023

00.050.10.150.22004201320232004: 0 5 year moving average2005: 0 5 year moving average2006: 0 5 year moving average2007: 0 5 year moving average2008: 0 5 year moving average2009: 0 5 year moving average2010: 0 5 year moving average2011: 0 5 year moving average2012: 0 5 year moving average2013: 0 5 year moving average2014: 0 5 year moving average2015: 0 5 year moving average2016: 0 5 year moving average2017: 0 5 year moving average2018: 0.111 5 year moving average2019: 0.125 5 year moving average2020: 0.222 5 year moving average2021: 0.1 5 year moving average2022: 0.1 5 year moving average2023: 0.2 5 year moving average

Source: Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators). Measured in 5 year moving average.

Analysis

In 2023, goal 9: industry, innovation and infrastructure in Faroe Islands stood at 0.2 5 year moving average.

That represents a change of up 100.0% on the previous year and up 80.2% over five years.

Over the whole period, goal 9: industry, innovation and infrastructure in Faroe Islands peaked at 0.222 5 year moving average in 2020 and was at its lowest, 0 5 year moving average, in 2004.

Faroe Islands ranks 202nd of 215 countries on this measure, in the bottom quarter.

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

GOAL 9: Industry, Innovation and Infrastructure in Faroe Islands, year by year

Year 5 year moving average Change
2004 0 5 year moving average —
2005 0 5 year moving average —
2006 0 5 year moving average —
2007 0 5 year moving average —
2008 0 5 year moving average —
2009 0 5 year moving average —
2010 0 5 year moving average —
2011 0 5 year moving average —
2012 0 5 year moving average —
2013 0 5 year moving average —
2014 0 5 year moving average —
2015 0 5 year moving average —
2016 0 5 year moving average —
2017 0 5 year moving average —
2018 0.111 5 year moving average —
2019 0.125 5 year moving average +12.6%
2020 0.222 5 year moving average +77.6%
2021 0.1 5 year moving average -55.0%
2022 0.1 5 year moving average +0.0%
2023 0.2 5 year moving average +100.0%

Faroe Islands compared with similar countries

  • Faroe Islands's 0.2 5 year moving average is below the median for high income countries, which is 0.8 5 year moving average, 25% of the median. (85 countries reporting)
  • Faroe Islands's 0.2 5 year moving average is below the median for Europe & Central Asia, which is 1 5 year moving average, 20% of the median. (56 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 0 5 year moving average 0 5 year moving average 0 5 year moving average 6
2010s 0.0236 5 year moving average 0 5 year moving average 0.125 5 year moving average 10
2020s 0.1555 5 year moving average 0.1 5 year moving average 0.222 5 year moving average 4

Countries ranked near Faroe Islands

  1. 202 Andorra 0.2 5 year moving average compare
  2. 202 British Virgin Islands 0.2 5 year moving average compare
  3. 202 French Polynesia 0.2 5 year moving average compare
  4. 202 Gibraltar 0.2 5 year moving average compare
  5. 202 Guam 0.2 5 year moving average compare
  6. 202 Liechtenstein 0.2 5 year moving average compare
  7. 202 Saint Kitts and Nevis 0.2 5 year moving average compare
  8. 202 Turks and Caicos Islands 0.2 5 year moving average compare

See the full ranking of 215 places →

More reference data data for Faroe Islands

All data for Faroe Islands →

Frequently asked questions

What is goal 9: industry, innovation and infrastructure in Faroe Islands?
Goal 9: industry, innovation and infrastructure in Faroe Islands was 0.2 5 year moving average in 2023, according to Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators).
What is the highest goal 9: industry, innovation and infrastructure recorded in Faroe Islands?
The highest recorded value was 0.222 5 year moving average in 2020.
What is the lowest goal 9: industry, innovation and infrastructure recorded in Faroe Islands?
The lowest recorded value was 0 5 year moving average in 2004.
How does Faroe Islands rank for goal 9: industry, innovation and infrastructure?
Faroe Islands ranks 202nd out of 215 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 GOAL 9: Industry, Innovation and Infrastructure (5 year moving average). Statizoid updates them automatically from the source API.

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GOAL 9: Industry, Innovation and Infrastructure 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/goal-9-industry-innovation-and-infrastructure-5-year-moving-average/faroe-islands/

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About this data

Indicator
GOAL 9: Industry, Innovation and Infrastructure (5 year moving average)
Unit
5 year moving average
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
215 places, 4,300 data points, 2004–2023
Last refreshed

SDG Goal 9 data availability. Source: UN Global SDG Indicators Database