Faroe Islands: Natural resources income

(measure: percent; Source: The World Bank)
* indicates monthly or quarterly data series

Faroe Islands: Income from natural resources, percent of GDP

: For that indicator, we provide data for the Faroe Islands from 1998 to 2017. The average value for the Faroe Islands during that period was 0 percent with a minimum of 0 percent in 1998 and a maximum of 0 percent in 1998. The latest value from 2017 is 0 percent. For comparison, the world average in 2017 based on 190 countries is 6.28 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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The natural resources include oil, natural gas, coal, minerals, and the forest.

Definition: Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.
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