CountriesIndicatorsThis week
Territory · Updated 13 Nov 2026

Faroe Islands

The Faroe Islands has 54,900 people (World Bank, 2025) and an economy of $4.1 bn a year (World Bank, 2024). It imports all of the oil it uses (EIA, 2024).

Written automatically from the figures on this page.

Population
54,900 (2025)
Administered by
Denmark

Boundaries: Natural Earth 1:50m, which shows who controls an area in practice. Borders shown do not imply endorsement.

1

Dependencies at a glance

The Faroe Islands imports all of the oil it uses.

Imports mostImports someLow net tradeExporter
Dependence is net imports: imports minus exports, as a share of what the country uses; for potash and phosphate, of its supply (production plus net imports). Arms and chips show supplier concentration only: the main supplier’s share of imports (arms: five-year totals of deliveries in SIPRI’s trend-indicator value, SIPRI’s measure of military capability delivered, not price or number of weapons).
ResourceDependencePositionMain partners
OilImports mostImports all of the oil it usesEIA, use 2024 · UN Comtrade, imports 2025, Denmark → Faroe Islands as reported by the exporterSweden, Denmark
Natural gasUses no gas, by this source PreliminaryEIA, 2024No partner data from the source
WheatNot reported by this source–
MaizeNot reported by this source–
RiceNot reported by this source–
SoybeansNot reported by this source–
PotashImports mostImports all of its potash supply EstimateFAOSTAT, supply 2024 · UN Comtrade, imports 2025Denmark, United States
PhosphateImports mostImports all of its phosphate supply EstimateFAOSTAT, supply 2024 · UN Comtrade, imports 2025Denmark, Belgium
ArmsSupplier concentration onlyNo major arms imports recorded, 2021–2025SIPRI, 2021–2025–
ChipsSupplier concentration onlyMain supplier: China, 45% of importsUN Comtrade, 2025China, Denmark, Germany

Dependence is net imports: imports minus exports, as a share of what the country uses; for potash and phosphate, of its supply (production plus net imports). Arms and chips show supplier concentration only: the main supplier’s share of imports (arms: five-year totals of deliveries in SIPRI’s trend-indicator value, SIPRI’s measure of military capability delivered, not price or number of weapons).

  • OilImports most

    Imports all of the oil it uses

    Main partners: Sweden, Denmark

    EIA, use 2024 · UN Comtrade, imports 2025, Denmark → Faroe Islands as reported by the exporter

  • Natural gas

    Uses no gas, by this source Preliminary

    Main partners: No partner data from the source

    EIA, 2024

  • Wheat

    Not reported by this source

  • Maize

    Not reported by this source

  • Rice

    Not reported by this source

  • Soybeans

    Not reported by this source

  • PotashImports most

    Imports all of its potash supply Estimate

    Main partners: Denmark, United States

    FAOSTAT, supply 2024 · UN Comtrade, imports 2025

  • PhosphateImports most

    Imports all of its phosphate supply Estimate

    Main partners: Denmark, Belgium

    FAOSTAT, supply 2024 · UN Comtrade, imports 2025

  • ArmsSupplier concentration only

    No major arms imports recorded, 2021–2025

    SIPRI, 2021–2025

  • ChipsSupplier concentration only

    Main supplier: China, 45% of imports

    Main partners: China, Denmark, Germany

    UN Comtrade, 2025

Source: EIA; FAOSTAT; UN Comtradeyear in each rowUpdated 13 Nov 2026

Dependencies tool
2

Money and reserves

The Faroe Islands’ economy produced $4.1 bn in 2024.

GDP, 2000–2024

$0$1.0 bn$2.0 bn$3.0 bn$4.0 bn$5.0 bn200020052010201520202024

Source: World Bank Indicators2000–2024Updated 13 Nov 2026

Economic growth0.8%2024 · 170th of 200 · World Bank
Trade106% of GDP2024 · 55th of 172 · World Bank
3

People

The Faroe Islands had 54,900 people in 2025.

Population, 1950–2100

020,00040,00060,00080,000100,000195019701990200020102030205020702100Projection
Projection: UN projection, medium variant, after 2023Range between the UN low- and high-fertility scenarios

Source: UN World Population ProspectsUpdated 13 Nov 2026Projection

The Faroe Islands’ population by age

1950200020502100
MenWomen01020304050607080901000m00m
Millions of people in each five-year age group, men left and women right. Years after 2023 are UN projections (medium variant).

Source: UN World Population Prospects1950–2100Updated 13 Nov 2026Projection

Births per woman2.242023 · 95th of 237 · UN WPP 2024
Median age37.32023 · 82nd of 237 · UN WPP 2024
Aged 65 and over18%2025, Projection, medium variant · UN WPP 2024
4

Climate and hazards

The Faroe Islands emitted 725,000 t of CO2 from fossil fuels and cement in 2024.

The Faroe Islands’ CO2 emissions, million tonnes, 1990–2024

0 Mt0.20 Mt0.40 Mt0.60 Mt0.80 Mt1990199520002005201020152024

Source: Our World in Data CO21990–2024Updated 13 Nov 2026

CO2 emissions0.73Mt2024 · 174th of 214 · Global Carbon Budget
CO2 per person13.1t2024 · 15th of 213 · Global Carbon Budget
CO2 since 175034Mt2024 · 170th of 214 · Global Carbon Budget
5

More figures

Shown only where a source covers the Faroe Islands.

Sanctions

No entry on the US, EU or UK lists gives it as an address or nationality.

Counts entries (people, companies, ships and aircraft), not how strict the measures are.

Source: US CSL; EU sanctions list; UK Sanctions ListUpdated 13 Nov 2026

Cyber incidents

No publicly known incidents affecting the Faroe Islands in EuRepoC’s dataset, 2000–2024.

Counts compare documented incidents, not how often a country is targeted.

Source: EuRepoC Global Dataset of Cyber Incidents 1.3.2 (4 Mar 2025), CC BY-NC 4.02000–2024

6

All figures

27 measures on this site have a recent figure for the Faroe Islands.

GDP$4.1 bn2024168th of 200World Bank
GDP per person$74,175202413th of 200World Bank
Economic growth0.8%2024170th of 200World Bank
Trade106%202455th of 172World Bank
Population54,9002025201st of 216World Bank
Population with UN projections54,7142023210th of 237UN WPP 2024
Births per woman2.24202395th of 237UN WPP 2024
Median age37.3202382nd of 237UN WPP 2024
Life expectancy80.2202356th of 237UN WPP 2024
Crude oil production0 kb/d2025100th of 214EIA
Oil consumption5 kb/d2024177th of 212EIA
Natural gas productionPreliminary202497th of 213EIA
Natural gas consumption0.0 bcm2024126th of 213EIA
Electricity generated0 TWh2023177th of 206Ember
Low-carbon electricity47%202381st of 206Ember
Electricity from coal0%202385th of 206Ember
Electricity from wind and solar18%202336th of 206Ember
Wheat imports0.0 Mt2024152nd of 180FAOSTAT
Maize imports0.0 Mt2024183rd of 196FAOSTAT
Rice imports0.0 Mt2024193rd of 197FAOSTAT
Soybean imports0.0 Mt2024157th of 179FAOSTAT
Potash fertiliser use0.00 Mt2024177th of 199FAOSTAT
Phosphate fertiliser use0.00 Mt2024175th of 199FAOSTAT
CO2 emissions0.73 Mt2024174th of 214Global Carbon Budget
CO2 per person13.1 t202415th of 213Global Carbon Budget
CO2 emitted since 175034 Mt2024170th of 214Global Carbon Budget
Water from abroad0%2023125th of 193FAO AQUASTAT

Sources for this page

  • World Bank IndicatorsGDP, GDP per person, Economic growth, Trade, Population
  • UN World Population ProspectsPopulation (UN), Births per woman, Median age, Life expectancy
  • U.S. Energy Information AdministrationOil output, Oil use, Gas output, Gas use, Dependencies at a glance
  • Ember electricity dataElectricity, Low-carbon electricity, Electricity from coal, Electricity from wind and solar
  • FAOSTATWheat imports, Maize imports, Rice imports, Soybean imports, Potash use, Phosphate use, …
  • Our World in Data CO2CO2 emissions, CO2 per person, CO2 since 1750
  • FAO AQUASTATWater from abroad
  • UN ComtradeDependencies at a glance
  • US Consolidated Screening ListSanctions
  • EU financial sanctions listSanctions
  • UK Sanctions ListSanctions
  • EuRepoC cyber incidentsCyber incidents

Page last updated 13 Nov 2026How we measure

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