Faroe Islands Economic Indicators
Main indicators
Measure
Frequency
Latest value
Reference
Time coverage
percent
1.73
Sep/2024
monthly
3/2002 - 9/2024
Percent change in the CPI from the same month last year.
percent
1.10
Jul/2024
monthly
11/2005 - 7/2024
The unemployment rate represents the share of the labor force that is without work but available for and seeking employment.
GDP and economic growth
Measure
Frequency
Latest value
Reference
Time coverage
percent
5.40
2022
annual
2009 - 2022
Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.
billion USD
3.2
2022
annual
2008 - 2022
GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2015 prices, expressed in U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2015 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
billion USD
3.56
2022
annual
1965 - 2022
GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
USD
66979.27
2022
annual
1965 - 2022
GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars.
USD
71530
2022
annual
2008 - 2022
GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.
USD
59699.20
2022
annual
2008 - 2022
GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2015 U.S. dollars.
Consumption and investment
Measure
Frequency
Latest value
Reference
Time coverage
percent
31.39
2022
annual
1998 - 2022
Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.
billion USD
1.12
2022
annual
1998 - 2022
Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.
percent
41.35
2022
annual
1998 - 2022
Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources.
billion USD
1.47
2022
annual
1998 - 2022
Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars.
Money
Measure
Frequency
Latest value
Reference
Time coverage
Local Currency Units per USD
6.7162
Sep/2024
monthly
1/2000 - 9/2024
The amount of local currency units that can be exchanged for one USD. An increase (decrease) means USD appreciation (depreciation). The values are monthly averages of the daily exchange rates provided by Google Finance.
index points
143.3400
Q3/2024
quarterly
Q1/2001 - Q3/2024
The Consumer Price Index (CPI) measures the changes in the cost of a basket of goods and services consumed by the average urban household.
percent
-0.22
Sep/2024
monthly
6/2001 - 9/2024
The percentage change in the CPI from one month to the next.
percent
1.73
Sep/2024
monthly
3/2002 - 9/2024
Percent change in the CPI from the same month last year.
billion
DKK
17.07
Jun/2024
monthly
9/2013 - 6/2024
Private sector credit refers to the credit extended by commercial banks and other deposit-taking institutions (excluding central banks) to private non-financial firms and households. Included are all credit institutions: domestic and foreign owned as well as private and public ones.
billion
DKK
6.50
Jun/2024
monthly
9/2013 - 6/2024
Business credit includes credit extended by commercial banks and other deposit-taking institutions (excluding central banks) to private non-financial firms. Included are all credit institutions: domestic and foreign owned as well as private and public ones.
billion
DKK
10.57
Jun/2024
monthly
9/2013 - 6/2024
Household credit includes credit extended by commercial banks and other deposit-taking institutions (excluding central banks) to households. Included are all credit institutions: domestic and foreign owned as well as private and public ones.
Labor market
Measure
Frequency
Latest value
Reference
Time coverage
percent
1.10
Jul/2024
monthly
11/2005 - 7/2024
The unemployment rate represents the share of the labor force that is without work but available for and seeking employment.
International trade and investment
Measure
Frequency
Latest value
Reference
Time coverage
percent
98.12
2021
annual
2000 - 2021
Net barter terms of trade index is calculated as the percentage ratio of the export unit value indexes to the import unit value indexes, measured relative to the base year 2015.
percent
124.91
2022
annual
1965 - 2022
Exports plus imports as percent of GDP.
percent
62.40
2022
annual
1962 - 2022
Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.
billion USD
2.22
2022
annual
1965 - 2022
Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.
percent
62.51
2022
annual
1962 - 2022
Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.
billion USD
2.22
2022
annual
1965 - 2022
Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.
percent
5.07
2022
annual
1998 - 2022
Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.
billion USD
0.19
2011
annual
1998 - 2011
Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Data are in current U.S. dollars.
percent
-0.12
2022
annual
1962 - 2022
External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).
billion USD
-0.13
2011
annual
1998 - 2011
Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.
percent
4.45
2022
annual
1998 - 2022
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.
million USD
158.41
2023
annual
1998 - 2023
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.
Government
Measure
Frequency
Latest value
Reference
Time coverage
percent
27.38
2022
annual
1998 - 2022
General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.
billion USD
0.97
2022
annual
1998 - 2022
General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars.
percent
1.09
2022
annual
1998 - 2022
The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.
Infrastructure and transport characteristics
Measure
Frequency
Latest value
Reference
Time coverage
percent
97.58
2017
annual
1990 - 2017
Internet users are individuals who have used the Internet (from any location) in the last 3 months. The Internet can be used via a computer, mobile phone, personal digital assistant, games machine, digital TV etc.
thousand subscribers
18
2021
annual
2001 - 2021
Fixed broadband subscriptions refers to fixed subscriptions to high-speed access to the public Internet (a TCP/IP connection), at downstream speeds equal to, or greater than, 256 kbit/s. This includes cable modem, DSL, fiber-to-the-home/building, other fixed (wired)-broadband subscriptions, satellite broadband and terrestrial fixed wireless broadband. This total is measured irrespective of the method of payment. It excludes subscriptions that have access to data communications (including the Internet) via mobile-cellular networks. It should include fixed WiMAX and any other fixed wireless technologies. It includes both residential subscriptions and subscriptions for organizations.
percent
34.87
2021
annual
2001 - 2021
Fixed broadband subscriptions refers to fixed subscriptions to high-speed access to the public Internet (a TCP/IP connection), at downstream speeds equal to, or greater than, 256 kbit/s. This includes cable modem, DSL, fiber-to-the-home/building, other fixed (wired)-broadband subscriptions, satellite broadband and terrestrial fixed wireless broadband. This total is measured irrespective of the method of payment. It excludes subscriptions that have access to data communications (including the Internet) via mobile-cellular networks. It should include fixed WiMAX and any other fixed wireless technologies. It includes both residential subscriptions and subscriptions for organizations.
million subscribers
0.06
2021
annual
1960 - 2021
Mobile cellular telephone subscriptions are subscriptions to a public mobile telephone service that provide access to the PSTN using cellular technology. The indicator includes (and is split into) the number of postpaid subscriptions, and the number of active prepaid accounts (i.e. that have been used during the last three months). The indicator applies to all mobile cellular subscriptions that offer voice communications. It excludes subscriptions via data cards or USB modems, subscriptions to public mobile data services, private trunked mobile radio, telepoint, radio paging and telemetry services.
subscribers per 100 people
111.96
2021
annual
1960 - 2021
Mobile cellular telephone subscriptions are subscriptions to a public mobile telephone service that provide access to the PSTN using cellular technology. The indicator includes (and is split into) the number of postpaid subscriptions, and the number of active prepaid accounts (i.e. that have been used during the last three months). The indicator applies to all mobile cellular subscriptions that offer voice communications. It excludes subscriptions via data cards or USB modems, subscriptions to public mobile data services, private trunked mobile radio, telepoint, radio paging and telemetry services.
million containers
0.03
2019
annual
2010 - 2019
Port container traffic measures the flow of containers from land to sea transport modes, and vice versa, in twenty-foot equivalent units (TEUs), a standard-size container. Data refer to coastal shipping as well as international journeys. Transshipment traffic is counted as two lifts at the intermediate port (once to off-load and again as an outbound lift) and includes empty units.
Energy and environment
Measure
Frequency
Latest value
Reference
Time coverage
percent
5.31
2021
annual
1990 - 2021
Renewable energy consumption is the share of renewables energy in total final energy consumption.
percent
0.00
2021
annual
1998 - 2021
Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.
percent
0.00
2021
annual
1998 - 2021
Oil rents are the difference between the value of crude oil production at regional prices and total costs of production.
percent
0.00
2021
annual
1998 - 2021
Natural gas rents are the difference between the value of natural gas production at regional prices and total costs of production.
percent
100.00
2021
annual
1990 - 2021
Access to electricity is the percentage of population with access to electricity. Electrification data are collected from industry, national surveys and international sources.
Industry: Oil, coal, and electricity
Measure
Frequency
Latest value
Reference
Time coverage
billion barrels
0.00
2021
annual
1980 - 2021
Proved reserves of crude oil are the estimated quantities of all liquids defined as crude oil, which geological and engineering data demonstrate with reasonable certainty to be recoverable in future years from reservoirs under existing economic and operating conditions.
thousand Barrels Per Day
0.00
2023
annual
2004 - 2023
Oil production, thousand barrels per day
thousand barrels per day
4.40
2014
annual
1980 - 2014
Oil consumption (Total petroleum consumption) includes internal consumption, refinery fuel and loss, and bunkering. Also included, where available, is direct combustion of crude oil.
thousand barrels per day
3.61
2022
annual
1980 - 2022
Annual consumption of distillate fuel oils which consist of two main categories: diesel fuel and heating oil.
thousand barrels per day
0.00
2014
annual
1986 - 2014
Gasoline production includes production of: conventional gasoline; all types of oxygenated gasoline, including gasohol; and reformulated gasoline; but excludes production of aviation gasoline. Volumetric data on blending components, such as oxygenates, are not counted in data on finished motor gasoline until the blending components are blended into the gasoline.
thousand barrels per day
0.27
2022
annual
1980 - 2022
Gasoline consumption includes the consumption of: conventional gasoline; all types of oxygenated gasoline, including gasohol; and reformulated gasoline; but excludes the consumption of aviation gasoline. Volumetric data on blending components, such as oxygenates, are not counted in the data on finished motor gasoline until the blending components are blended into the gasoline.
thousand barrels per day
0.00
2014
annual
1986 - 2014
Liquefied petroleum gases include ethane, ethylene, propane, propylene, normal butane, butylene, isobutane, and isobutylene. The Liquefied Petroleum Gases production also includes, where data are available, liquefied petroleum gases sold directly from natural gas processing plants for fuel or chemical uses and pentanes plus.
thousand barrels per day
0.00
2022
annual
1980 - 2022
Liquefied petroleum gases include ethane, ethylene, propane, propylene, normal butane, butylene, isobutane, and isobutylene. The Liquefied Petroleum Gases consumption also includes, where data are available, liquefied petroleum gases sold directly from natural gas processing plants for fuel or chemical uses and pentanes plus.
thousand barrels per day
0.00
2014
annual
1986 - 2014
The indicator estimates the volume of jet fuel produced within a country expressed in thousand barrels per day. Jet fuel is a refined petroleum product used in jet aircraft engines and it includes kerosene-type jet fuel and naphtha-type jet fuel.
thousand barrels per day
0.00
2022
annual
1980 - 2022
The indicator estimates the volume of jet fuel consumed within a country expressed in thousand barrels per day. Jet fuel is a refined petroleum product used in jet aircraft engines and it includes kerosene-type jet fuel and naphtha-type jet fuel.
million short tons
0.00
2022
annual
2008 - 2022
Proven reserves of coal in million short tons. A short ton equals exactly 2,000 pounds or 907.18 kilograms.
thousand short tons
0.00
2022
annual
1980 - 2022
Total primary coal production (Coal includes anthracite, subanthracite, bituminous, subbituminous, lignite, brown coal, and oil shale.)
thousand short tons
0.00
2022
annual
1980 - 2022
Coal consumption includes anthracite, subanthracite, bituminous, subbituminous, lignite, brown coal, and oil shale. It also includes net imports of metallurgical coke.
thousand short tons
0.00
2022
annual
1980 - 2022
Amount of foreign coal shipped to the country.
thousand short tons
0.00
2022
annual
1980 - 2022
Amount of coal shipped to foreign destinations.
million kilowatts
0.18
2022
annual
1980 - 2022
Total Electricity Installed Capacity (Million Kilowatts)
billion kilowatthours
0.42
2022
annual
1980 - 2022
Total electricity net generation (Net generation excludes the energy consumed by the generating units)
billion kilowatthours
0.39
2022
annual
1980 - 2022
Total Electricity Net Consumption = total net electricity generation + electricity imports - electricity exports – electricity transmission and distribution losses.
Net consumption excludes the energy consumed by the generating units.
billion kilowatthours
0.00
2022
annual
1980 - 2022
Annual import of electricity in billion kWh.
billion kilowatthours
0.00
2022
annual
1980 - 2022
Annual export of electricity in billion kWh.
million kilowatts
0.06
2022
annual
1980 - 2022
Total capacity to produce electricity from renewable resources in million kilowatts.
billion kilowatthours
0.16
2022
annual
1980 - 2022
Total Renewables Electricity Net Generation (Net generation excludes the energy consumed by the generating units and also excludes generation from hydroelectric pumped storage)
Energy mix
Measure
Frequency
Latest value
Reference
Time coverage
million kilowatts
0.11
2022
annual
1980 - 2022
Installed capacity to produce electricity from fossil fuels including oil, coal, and natural gas.
billion kilowatthours
0.26
2022
annual
1980 - 2022
Billion kilowatthours of electricity generated from fossil fuels including oil, coal, and natural gas.
million kilowatts
0.02
2022
annual
2000 - 2022
Installed capacity to produce electricity from wind in million kilowatts.
billion kilowatthours
0.05
2022
annual
1980 - 2022
Billion kilowatthours of electricity generated from wind.
million kilowatts
0.00
2022
annual
2000 - 2022
Installed capacity to produce electricity from sunlight in million kilowatts.
billion kilowatthours
0.00
2022
annual
1980 - 2022
Billion kilowatthours of electricity generated from sunlight.
million kilowatts
0.04
2022
annual
1980 - 2022
Installed capacity to produce hydroelectricity in million kilowatts.
billion kilowatthours
0.11
2022
annual
1980 - 2022
Hydroelectric generation excludes generation from hydroelectric pumped storage.
million kilowatts
0.00
2022
annual
1980 - 2022
Installed capacity to produce hydroelectricity in million kilowatts.
billion kilowatthours
0.00
2022
annual
1980 - 2022
Nuclear electricity net generation (Net generation excludes the energy consumed by the generating units)
million kilowatts
0.00
2022
annual
2000 - 2022
Installed capacity to produce geothermal electricity in million kilowatts.
billion kilowatthours
0.00
2022
annual
1980 - 2022
Billion kilowatthours of geothermal electricity generated.
Agriculture sector
Measure
Frequency
Latest value
Reference
Time coverage
percent
0.1
2021
annual
1990 - 2021
Forest area is land under natural or planted stands of trees of at least 5 meters in situ, whether productive or not, and excludes tree stands in agricultural production systems (for example, in fruit plantations and agroforestry systems) and trees in urban parks and gardens.
percent
70.12
2021
annual
1961 - 2021
Agricultural land refers to the share of land area that is arable, under permanent crops, and under permanent pastures. Arable land includes land defined by the FAO as land under temporary crops (double-cropped areas are counted once), temporary meadows for mowing or for pasture, land under market or kitchen gardens, and land temporarily fallow. Land abandoned as a result of shifting cultivation is excluded. Land under permanent crops is land cultivated with crops that occupy the land for long periods and need not be replanted after each harvest, such as cocoa, coffee, and rubber. This category includes land under flowering shrubs, fruit trees, nut trees, and vines, but excludes land under trees grown for wood or timber. Permanent pasture is land used for five or more years for forage, including natural and cultivated crops.
percent
18.67
2022
annual
1998 - 2022
Agriculture, forestry, and fishing corresponds to ISIC divisions 1-3 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4. Note: For VAB countries, gross value added at factor cost is used as the denominator.
billion USD
0.66
2022
annual
1998 - 2022
Agriculture corresponds to International Standard Industrial Classification (ISIC) divisions 1-5, while the origin of value added is determined by the ISIC, revision 3. Agriculture value added is the net output of the agriculture sector, including forestry, hunting and fishing, and cultivation of crops and livestock production, after adding up all outputs and subtracting intermediate inputs. Deductions for depreciation of fabricated assets and depletion and degradation of natural resources are not included in the calculation. Values are in billion U.S. dollars.
sq. km.
961
2021
annual
1961 - 2021
Agricultural land refers to the share of land area that is arable, under permanent crops, and under permanent pastures. Arable land includes land defined by the FAO as land under temporary crops (double-cropped areas are counted once), temporary meadows for mowing or for pasture, land under market or kitchen gardens, and land temporarily fallow. Land abandoned as a result of shifting cultivation is excluded. Land under permanent crops is land cultivated with crops that occupy the land for long periods and need not be replanted after each harvest, such as cocoa, coffee, and rubber. This category includes land under flowering shrubs, fruit trees, nut trees, and vines, but excludes land under trees grown for wood or timber. Permanent pasture is land used for five or more years for forage, including natural and cultivated crops.
index points
99.4
2022
annual
1961 - 2022
Crop production index shows agricultural production for each year relative to the base period 2014-2016. It includes all crops except fodder crops. Regional and income group aggregates for the FAO's production indexes are calculated from the underlying values in international dollars, normalized to the base period 2014-2016.
percent
0.1
2021
annual
1961 - 2021
Arable land includes land defined by the FAO as land under temporary crops (double-cropped areas are counted once), temporary meadows for mowing or for pasture, land under market or kitchen gardens, and land temporarily fallow. Land abandoned as a result of shifting cultivation is excluded.
index points
106.6
2022
annual
1961 - 2022
Food production index covers food crops that are considered edible and that contain nutrients. Coffee and tea are excluded because, although edible, they have no nutritive value.
kg per hectare of arable land
22491.7
2020
annual
2017 - 2020
Fertilizer consumption measures the quantity of plant nutrients used per unit of arable land. Fertilizer products cover nitrogenous, potash, and phosphate fertilizers (including ground rock phosphate). Traditional nutrients--animal and plant manures--are not included. For the purpose of data dissemination, FAO has adopted the concept of a calendar year (January to December). Some countries compile fertilizer data on a calendar year basis, while others are on a split-year basis. Arable land includes land defined by the FAO as land under temporary crops (double-cropped areas are counted once), temporary meadows for mowing or for pasture, land under market or kitchen gardens, and land temporarily fallow. Land abandoned as a result of shifting cultivation is excluded.
index points
107.1
2022
annual
1966 - 2022
Livestock production index includes meat and milk from all sources, dairy products such as cheese, and eggs, honey, raw silk, wool, and hides and skins.
sq. km
0.8
2021
annual
1990 - 2021
Forest area is land under natural or planted stands of trees of at least 5 meters in situ, whether productive or not, and excludes tree stands in agricultural production systems (for example, in fruit plantations and agroforestry systems) and trees in urban parks and gardens.
Innovation measures
Measure
Frequency
Latest value
Reference
Time coverage
percent
0.85
2003
annual
2003 - 2003
Gross domestic expenditures on research and development (R&D), expressed as a percent of GDP. They include both capital and current expenditures in the four main sectors: Business enterprise, Government, Higher education and Private non-profit. R&D covers basic research, applied research, and experimental development.
percent
0.02
2009
annual
2006 - 2009
Information and communication technology goods exports include computers and peripheral equipment, communication equipment, consumer electronic equipment, electronic components, and other information and technology goods (miscellaneous).
million USD
0.36
2009
annual
2007 - 2009
High-technology exports are products with high R&D intensity, such as aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery. Data are in current U.S. dollars.
percent
0.64
2009
annual
2007 - 2009
High-technology exports are products with high R&D intensity, such as in aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery.
Demographics
Measure
Frequency
Latest value
Reference
Time coverage
million
0.05
2023
annual
1960 - 2023
Total population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship. The values shown are midyear estimates.
percent
42.99
2023
annual
1960 - 2023
Urban population refers to people living in urban areas as defined by national statistical offices. The data are collected and smoothed by United Nations Population Division.
people per square km
39
2021
annual
1961 - 2021
Population density is midyear population divided by land area in square kilometers. Population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship--except for refugees not permanently settled in the country of asylum, who are generally considered part of the population of their country of origin. Land area is a country's total area, excluding area under inland water bodies, national claims to continental shelf, and exclusive economic zones. In most cases the definition of inland water bodies includes major rivers and lakes.
percent
17.95
2023
annual
1960 - 2023
Population ages 65 and above as a percentage of the total population. Population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship.
percent
20.72
2023
annual
1960 - 2023
Total population below the age of 14 as a percentage of the total population. Population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship.
percent
48.24
2023
annual
1960 - 2023
Female population is the percentage of the population that is female. Population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship.
percent
57.01
2023
annual
1960 - 2023
Rural population refers to people living in rural areas as defined by national statistical offices. It is calculated as the difference between total population and urban population.
percent
62.94
2022
annual
1960 - 2022
Age dependency ratio is the ratio of dependents--people younger than 15 or older than 64--to the working-age population--those ages 15-64. Data are shown as the proportion of dependents per 100 working-age population.
percent
11
2015
annual
1990 - 2015
International migrant stock is the number of people born in a country other than that in which they live. It also includes refugees. The data used to estimate the international migrant stock at a particular time are obtained mainly from population censuses. The estimates are derived from the data on foreign-born population--people who have residence in one country but were born in another country. When data on the foreign-born population are not available, data on foreign population--that is, people who are citizens of a country other than the country in which they reside--are used as estimates. After the breakup of the Soviet Union in 1991 people living in one of the newly independent countries who were born in another were classified as international migrants. Estimates of migrant stock in the newly independent states from 1990 on are based on the 1989 census of the Soviet Union. For countries with information on the international migrant stock for at least two points in time, interpolation or extrapolation was used to estimate the international migrant stock on July 1 of the reference years. For countries with only one observation, estimates for the reference years were derived using rates of change in the migrant stock in the years preceding or following the single observation available. A model was used to estimate migrants for countries that had no data.
percent
0.34
2023
annual
1961 - 2023
Annual population growth rate for year t is the exponential rate of growth of midyear population from year t-1 to t, expressed as a percentage . Population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship.
Health spending and outcomes
Measure
Frequency
Latest value
Reference
Time coverage
years
83.30
2022
annual
1973 - 2022
Life expectancy at birth indicates the number of years a newborn infant would live if prevailing patterns of mortality at the time of its birth were to stay the same throughout its life.
years
85.40
2022
annual
1973 - 2022
Life expectancy at birth indicates the number of years a newborn infant would live if prevailing patterns of mortality at the time of its birth were to stay the same throughout its life.
years
81.30
2022
annual
1973 - 2022
Life expectancy at birth indicates the number of years a newborn infant would live if prevailing patterns of mortality at the time of its birth were to stay the same throughout its life.
births per 1000 people
12.80
2021
annual
1970 - 2021
Crude birth rate indicates the number of live births occurring during the year, per 1,000 population estimated at midyear. Subtracting the crude death rate from the crude birth rate provides the rate of natural increase, which is equal to the rate of population change in the absence of migration.
deaths per 1000 people
9.10
2022
annual
1970 - 2022
Crude death rate indicates the number of deaths occurring during the year, per 1,000 population estimated at midyear. Subtracting the crude death rate from the crude birth rate provides the rate of natural increase, which is equal to the rate of population change in the absence of migration.
births per woman
2.05
2022
annual
1970 - 2022
Total fertility rate represents the number of children that would be born to a woman if she were to live to the end of her childbearing years and bear children in accordance with age-specific fertility rates of the specified year.
percent
3.80
2021
annual
2021 - 2021
Diabetes prevalence refers to the percentage of people ages 20-79 who have type 1 or type 2 diabetes. It is calculated by adjusting to a standard population age-structure.
Covid pandemic
Measure
Frequency
Latest value
Reference
Time coverage
new Covid cases
0
Mar/2023
monthly
2/2020 - 3/2023
The number of new confirmed COVID cases per month.
new Covid cases per million people
0
Mar/2023
monthly
2/2020 - 3/2023
New confirmed Covid cases per million people during a month.
total Covid cases
34658
Mar/2023
monthly
3/2020 - 3/2023
The total number of Covid cases at the end of month.
cases per million
652484
Mar/2023
monthly
3/2020 - 3/2023
Total Covid cases per million people at the end of month.
new Covid tests
19068
Feb/2022
monthly
1/2022 - 2/2022
The number of new COVID tests made per month.
new Covid tests per thousand people
361
Feb/2022
monthly
1/2022 - 2/2022
New Covid tests per thousand people during a month.
total Covid tests
777845
Feb/2022
monthly
12/2021 - 2/2022
Total tests for Covid at the end of month.
total tests per thousand people
14707
Feb/2022
monthly
12/2021 - 2/2022
Total Covid tests per thousand people at the end of month.
new Covid vaccinations
2086
Feb/2022
monthly
2/2021 - 2/2022
The number of new Covid vaccinations per month.
total Covid vaccinations
103894
Feb/2022
monthly
1/2021 - 2/2022
Total vaccinations for Covid at the end of month.
Covid vaccinations per hundred people
195.59
Feb/2022
monthly
1/2021 - 2/2022
Total Covid vaccinations per hundred people.
total people vaccinated
41715
Feb/2022
monthly
1/2021 - 2/2022
Total people vaccinated against Covid at the end of month.
Covid vaccinated people per hundred people
78.53
Feb/2022
monthly
1/2021 - 2/2022
Total people vaccinated against Covid per hundred people.
total fully-vaccinated people
40895
Feb/2022
monthly
1/2021 - 2/2022
Total fully-vaccinated people against Covid.
Covid fully vaccinated people per hundred people
76.99
Feb/2022
monthly
1/2021 - 2/2022
Covid fully vaccinated people per hundred people.
new deaths from Covid
0
Mar/2023
monthly
2/2020 - 3/2023
The number of confirmed new deaths from Covid during a month.
new Covid deaths per million people
0
Mar/2023
monthly
2/2020 - 3/2023
New confirmed deaths from Covid per million people during a month.
total Covid deaths
28
Mar/2023
monthly
1/2021 - 3/2023
The total number of deaths from Covid at the end of month.
total Covid deaths
527
Mar/2023
monthly
1/2021 - 3/2023
Total Covid deaths per million people.
index
11
Dec/2022
monthly
2/2020 - 12/2022
The index varies between 0 and 100 that records the strictness of government policies regarding Covid-19 pandemic. (0 - lowest strictness, 100 - highest strictness).
rate
0.47
Feb/2022
monthly
12/2021 - 2/2022
Share of total COVID-19 tests that were positive.
Globalization indexes
Measure
Frequency
Latest value
Reference
Time coverage
points
42.00
2021
annual
1970 - 2021
The overall index of globalization covers the economic, social, and political dimensions of globalization. Higher values denote greater globalization. More information and the original data can be obtained here.
points
74.00
2019
annual
2019 - 2019
Economic globalization has two dimensions: actual economic flows and restrictions to trade and capital. The sub-index on actual economic flows includes data on trade, FDI, and portfolio investment. The sub-index on restrictions takes into account hidden import barriers, mean tariff rates, taxes on international trade (as a share of current revenue), and an index of capital controls. More information and the original data can be obtained here.
points
4.00
2021
annual
1970 - 2021
The degree of political globalization is determined by the number of embassies and high commissions in a country, the number of international organizations to which the country is a member, the number of UN peace missions a country participated in, and the number of treaties signed between two or more states. More information and the original data can be obtained here.
points
82.00
2021
annual
1970 - 2021
Social globalization has three dimensions: personal contacts, information flows, and cultural proximity. The sub-index on personal contacts includes international telecom traffic, degree of tourism, transfers, foreign population, and number of international letters. The sub-index on information flows includes number of internet users, share of households with a television set, and trade in newspapers. The sub-index on cultural proximity includes trade in books and number of McDonald’s restaurants and Ikea located in a country. More information and the original data can be obtained here.
Shares of world totals
Measure
Frequency
Latest value
Reference
Time coverage
percent
0.00
2021
annual
1960 - 2021
The population share of a particular country is measured as its population as percent of the total world population in a given year. Total population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship--except for refugees not permanently settled in the country of asylum, who are generally considered part of the population of their country of origin. The values shown are midyear estimates.
percent
0.00
2021
annual
1980 - 2021
We calculated the world GDP as the sum of the GDP of all countries expressed in current USD. The share of GDP is the GDP of a particular country as percent of the world GDP. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
percent
0.01
2021
annual
1990 - 2021
The share of world exports equals the exports of a particular country as percent of the total exports of all countries around the world. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.
percent
0.01
2021
annual
1990 - 2021
The share of world exports equals the exports of a particular country as percent of the total exports of all countries around the world. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.
percent
0.00
2021
annual
1980 - 2021
The share of world oil reserves is calculated as the proven oil reserves of a country as percent of the total proven oil reserves for the world.
Economic structure
Measure
Frequency
Latest value
Reference
Time coverage
percent
18.08
2022
annual
1998 - 2022
Industry (including construction) corresponds to ISIC divisions 05-43 and includes manufacturing (ISIC divisions 10-33). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4. Note: For VAB countries, gross value added at factor cost is used as the denominator.
percent
6.93
2022
annual
1998 - 2022
Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.
percent
52.34
2022
annual
1998 - 2022
Services correspond to ISIC divisions 50-99 and they include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.
billion USD
0.64
2022
annual
1998 - 2022
Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.
billion USD
0.25
2022
annual
1998 - 2022
Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.
billion USD
1.86
2022
annual
1998 - 2022
Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4. Data are in constant 2010 U.S. dollars.
percent
28.78
2011
annual
1998 - 2011
Gross savings are calculated as gross national income less total consumption, plus net transfers.
billion USD
0.72
2011
annual
1998 - 2011
Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars.
Crime statistics
Measure
Frequency
Latest value
Reference
Time coverage
prisoners per 100,000 people
12
2017
annual
2005 - 2017
Number of prisoners per 100,000 people.
Other indicators
Measure
Frequency
Latest value
Reference
Time coverage
sq. km
1370
2021
annual
1961 - 2021
Land area is a country's total area, excluding area under inland water bodies, national claims to continental shelf, and exclusive economic zones. In most cases the definition of inland water bodies includes major rivers and lakes.