Ilo national vs modeled data, annual growth rate in Faroe Islands

Faroe Islands: Ilo national vs modeled data, annual growth rate was 33.31 % change on previous year in 2013. ◆ Volatile

Latest (2013)
33.31 % change on previous year
Change on year
up 177.8%
World rank
11th
of 140 countries
All-time high
66.94 % change on previous year
in 2009
All-time low
-47.93 % change on previous year
in 2006
Years of data
11
2001–2013

Ilo national vs modeled data, annual growth rate in Faroe Islands, 2001–2013

-50-2502550752001200720132001: -4 % change on previous year2004: -3.7 % change on previous year2005: -6.6 % change on previous year2006: -47.9 % change on previous year2007: -4.2 % change on previous year2008: 36.6 % change on previous year2009: 66.9 % change on previous year2010: 62.2 % change on previous year2011: -17.2 % change on previous year2012: -42.8 % change on previous year2013: 33.3 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Faroe Islands recorded 33.31 % change on previous year for ilo national vs modeled data, annual growth rate in 2013.

That represents a change of up 177.8% on the previous year and up 1,002.2% over ten years.

Over the whole period, ilo national vs modeled data, annual growth rate in Faroe Islands peaked at 66.94 % change on previous year in 2009 and was at its lowest, -47.93 % change on previous year, in 2006.

Faroe Islands ranks 11th of 140 countries on this measure, in the top 10%.

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

Ilo national vs modeled data, annual growth rate in Faroe Islands, year by year

Annual values for Ilo national vs modeled data, annual growth rate in Faroe Islands, 2001 to 2013.
Year % change on previous year Change
2001 -4.01 % change on previous year —
2004 -3.69 % change on previous year -7.9%
2005 -6.56 % change on previous year +77.7%
2006 -47.93 % change on previous year +630.6%
2007 -4.16 % change on previous year -91.3%
2008 36.6 % change on previous year -979.3%
2009 66.94 % change on previous year +82.9%
2010 62.16 % change on previous year -7.1%
2011 -17.16 % change on previous year -127.6%
2012 -42.8 % change on previous year +149.4%
2013 33.31 % change on previous year -177.8%

Faroe Islands compared with similar countries

  • Faroe Islands's 33.31 % change on previous year is above the median for high income countries, which is 0.2324 % change on previous year, 143.3× the median. (67 countries reporting)
  • Faroe Islands's 33.31 % change on previous year is above the median for Europe & Central Asia, which is 0.1229 % change on previous year, 271.1× the median. (52 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 5.31 % change on previous year -47.93 % change on previous year 66.94 % change on previous year 7
2010s 8.88 % change on previous year -42.8 % change on previous year 62.16 % change on previous year 4

Countries ranked near Faroe Islands

  1. 8 Nicaragua 57.58 % change on previous year compare
  2. 9 Turks and Caicos Islands 52.92 % change on previous year compare
  3. 10 Macao 46.94 % change on previous year compare
  4. 12 Iceland 26.48 % change on previous year compare
  5. 13 Ghana 22.4 % change on previous year compare
  6. 14 Hong Kong 22.22 % change on previous year compare

See the full ranking of 140 places →

More reference data data for Faroe Islands

All data for Faroe Islands →

Frequently asked questions

What is ilo national vs modeled data, annual growth rate in Faroe Islands?
Ilo national vs modeled data, annual growth rate in Faroe Islands was 33.31 % change on previous year in 2013, according to Statizoid (derived).
What is the highest ilo national vs modeled data, annual growth rate recorded in Faroe Islands?
The highest recorded value was 66.94 % change on previous year in 2009.
What is the lowest ilo national vs modeled data, annual growth rate recorded in Faroe Islands?
The lowest recorded value was -47.93 % change on previous year in 2006.
How does Faroe Islands rank for ilo national vs modeled data, annual growth rate?
Faroe Islands ranks 11th out of 140 countries with data for 2013.
Is ilo national vs modeled data, annual growth rate rising or falling in Faroe Islands?
Over the last ten years it is up 1,002.2%. 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 Ilo national vs modeled data, annual growth rate. Statizoid updates them automatically from the source API.

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Ilo national vs modeled data, annual growth rate in Faroe Islands. Statizoid, drawing on Statizoid (derived). Retrieved 14 November 2026, from https://reference.statizoid.com/stat/ilo-national-vs-modeled-data-annual-growth-rate/faroe-islands/

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How this figure is calculated

The year-on-year percentage change in Ilo national vs modeled data. 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

Indicator
Ilo national vs modeled data, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
140 places, 4,358 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Ilo national vs modeled data. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.