Faroe Islands: Capital investment, in dollars

(measure: billion U.S. dollars; Source: The World Bank)
* indicates monthly or quarterly data series

Faroe Islands: Capital investment, billion USD

: For that indicator, we provide data for the Faroe Islands from 1998 to 2015. The average value for the Faroe Islands during that period was 0.44 billion U.S. dollars with a minimum of 0.23 billion U.S. dollars in 1998 and a maximum of 0.74 billion U.S. dollars in 2007. The latest value from 2015 is 0.54 billion U.S. dollars. For comparison, the world average in 2015 based on 166 countries is 115717181512.96 billion U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.
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Definition: 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.
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