Faroe Islands | Gross savings (% of GDP)
Gross savings are calculated as gross national income less total consumption, plus net transfers. Statistical concept and methodology: Gross savings represent the difference between disposable income and consumption and replace gross domestic savings, a concept used by the World Bank and included in World Development Indicators editions before 2006. The change was made to conform to SNA concepts and definitions.
| year | value |
|---|---|
| 1960 | |
| 1961 | |
| 1962 | |
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| 1964 | |
| 1965 | |
| 1966 | |
| 1967 | |
| 1968 | |
| 1969 | |
| 1970 | |
| 1971 | |
| 1972 | |
| 1973 | |
| 1974 | |
| 1975 | |
| 1976 | |
| 1977 | |
| 1978 | |
| 1979 | |
| 1980 | |
| 1981 | |
| 1982 | |
| 1983 | |
| 1984 | |
| 1985 | |
| 1986 | |
| 1987 | |
| 1988 | |
| 1989 | |
| 1990 | |
| 1991 | |
| 1992 | |
| 1993 | |
| 1994 | |
| 1995 | |
| 1996 | |
| 1997 | |
| 1998 | 41.93293324 |
| 1999 | 38.95251692 |
| 2000 | 40.45600542 |
| 2001 | 39.27687352 |
| 2002 | 33.94299262 |
| 2003 | 28.51321299 |
| 2004 | 25.48926901 |
| 2005 | 16.11373274 |
| 2006 | 25.22470548 |
| 2007 | 28.45923758 |
| 2008 | 21.24359245 |
| 2009 | 11.95573113 |
| 2010 | 23.34449041 |
| 2011 | 28.77590581 |
| 2012 | |
| 2013 | |
| 2014 | |
| 2015 | |
| 2016 | |
| 2017 | |
| 2018 | |
| 2019 | |
| 2020 | |
| 2021 | |
| 2022 |
Faroe Islands | Gross savings (% of GDP)
Gross savings are calculated as gross national income less total consumption, plus net transfers. Statistical concept and methodology: Gross savings represent the difference between disposable income and consumption and replace gross domestic savings, a concept used by the World Bank and included in World Development Indicators editions before 2006. The change was made to conform to SNA concepts and definitions.