Faroe Islands - Gross savings
Adjusted savings: gross savings (% of GNI)
Adjusted savings: gross savings (% of GNI) in Faroe Islands was 24.78 as of 2011. Its highest value over the past 13 years was 39.99 in 1998, while its lowest value was 14.77 in 2009.
Definition: Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.
Source: World Bank national accounts data files.
See also:
| Year | Value |
|---|---|
| 1998 | 39.99 |
| 1999 | 36.83 |
| 2000 | 38.06 |
| 2001 | 37.93 |
| 2002 | 32.25 |
| 2003 | 26.93 |
| 2004 | 25.85 |
| 2005 | 20.45 |
| 2006 | 25.99 |
| 2007 | 26.93 |
| 2008 | 19.54 |
| 2009 | 14.77 |
| 2010 | 22.74 |
| 2011 | 24.78 |
Gross savings (current US$)
The latest value for Gross savings (current US$) in Faroe Islands was $650,773,000 as of 2011. Over the past 13 years, the value for this indicator has fluctuated between $650,773,000 in 2011 and $327,393,500 in 2009.
Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1998 | $456,701,400 |
| 1999 | $428,340,400 |
| 2000 | $418,523,400 |
| 2001 | $446,946,600 |
| 2002 | $420,062,800 |
| 2003 | $417,063,000 |
| 2004 | $453,483,100 |
| 2005 | $365,802,500 |
| 2006 | $533,335,600 |
| 2007 | $635,153,700 |
| 2008 | $478,196,400 |
| 2009 | $327,393,500 |
| 2010 | $534,529,400 |
| 2011 | $650,773,000 |
Gross savings (current LCU)
The value for Gross savings (current LCU) in Faroe Islands was 3,493,805,000 as of 2011. As the graph below shows, over the past 13 years this indicator reached a maximum value of 3,719,847,000 in 2001 and a minimum value of 1,755,124,000 in 2009.
Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1998 | 3,060,265,000 |
| 1999 | 2,988,188,000 |
| 2000 | 3,382,967,000 |
| 2001 | 3,719,847,000 |
| 2002 | 3,316,270,000 |
| 2003 | 2,747,486,000 |
| 2004 | 2,716,863,000 |
| 2005 | 2,193,681,000 |
| 2006 | 3,171,640,000 |
| 2007 | 3,457,586,000 |
| 2008 | 2,437,893,000 |
| 2009 | 1,755,124,000 |
| 2010 | 3,006,247,000 |
| 2011 | 3,493,805,000 |
Gross savings (% of GNI)
Gross savings (% of GNI) in Faroe Islands was 24.78 as of 2011. Its highest value over the past 13 years was 39.99 in 1998, while its lowest value was 14.77 in 2009.
Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1998 | 39.99 |
| 1999 | 36.83 |
| 2000 | 38.06 |
| 2001 | 37.93 |
| 2002 | 32.25 |
| 2003 | 26.93 |
| 2004 | 25.85 |
| 2005 | 20.45 |
| 2006 | 25.99 |
| 2007 | 26.93 |
| 2008 | 19.54 |
| 2009 | 14.77 |
| 2010 | 22.74 |
| 2011 | 24.78 |
Gross savings (% of GDP)
Gross savings (% of GDP) in Faroe Islands was 26.13 as of 2011. Its highest value over the past 13 years was 41.22 in 1998, while its lowest value was 14.43 in 2009.
Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1998 | 41.22 |
| 1999 | 38.24 |
| 2000 | 39.53 |
| 2001 | 38.94 |
| 2002 | 33.27 |
| 2003 | 27.92 |
| 2004 | 26.86 |
| 2005 | 21.17 |
| 2006 | 26.88 |
| 2007 | 27.73 |
| 2008 | 19.66 |
| 2009 | 14.43 |
| 2010 | 23.04 |
| 2011 | 26.13 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
