Oil consumption, annual growth rate in Faroe Islands
Faroe Islands: Oil consumption, annual growth rate was 0 % change on previous year in 2024. ◆ Volatile
Oil consumption, annual growth rate in Faroe Islands, 1986–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, oil consumption, annual growth rate in Faroe Islands stood at 0 % change on previous year.
Compared with earlier readings it is down 100.0% on the previous year and up 100.0% over ten years.
Over the whole period, oil consumption, annual growth rate in Faroe Islands peaked at 13.17 % change on previous year in 2017 and was at its lowest, -10.77 % change on previous year, in 2014.
Faroe Islands ranks 164th of 218 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Oil consumption, annual growth rate in Faroe Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1986 | -4.81 % change on previous year | — |
| 1987 | 3.82 % change on previous year | -179.3% |
| 1988 | 3.8 % change on previous year | -0.4% |
| 1989 | 9.28 % change on previous year | +144.0% |
| 1990 | 9.66 % change on previous year | +4.1% |
| 1991 | -8.39 % change on previous year | -186.8% |
| 1992 | -0.1669 % change on previous year | -98.0% |
| 1993 | -1.37 % change on previous year | +720.1% |
| 1994 | 2.57 % change on previous year | -287.7% |
| 1995 | 7.74 % change on previous year | +201.3% |
| 1996 | 0.5542 % change on previous year | -92.8% |
| 1997 | -0.2732 % change on previous year | -149.3% |
| 1998 | 0.0026 % change on previous year | -101.0% |
| 1999 | 0.0004 % change on previous year | -85.7% |
| 2000 | 11.08 % change on previous year | +2977401.1% |
| 2001 | 10.79 % change on previous year | -2.7% |
| 2002 | -3.98 % change on previous year | -136.9% |
| 2003 | 0.4208 % change on previous year | -110.6% |
| 2004 | 1.82 % change on previous year | +332.8% |
| 2005 | -2.85 % change on previous year | -256.3% |
| 2006 | -1.57 % change on previous year | -44.7% |
| 2007 | 4.31 % change on previous year | -373.7% |
| 2008 | -7.24 % change on previous year | -268.1% |
| 2009 | -7.71 % change on previous year | +6.5% |
| 2010 | 6.89 % change on previous year | -189.4% |
| 2011 | -7.24 % change on previous year | -205.0% |
| 2012 | 2.28 % change on previous year | -131.4% |
| 2013 | 9.73 % change on previous year | +327.7% |
| 2014 | -10.77 % change on previous year | -210.7% |
| 2015 | 5.24 % change on previous year | -148.6% |
| 2016 | 2.59 % change on previous year | -50.5% |
| 2017 | 13.17 % change on previous year | +407.8% |
| 2018 | 3.17 % change on previous year | -75.9% |
| 2019 | -6.94 % change on previous year | -318.8% |
| 2020 | 6.18 % change on previous year | -189.1% |
| 2021 | 3.32 % change on previous year | -46.3% |
| 2022 | -8.21 % change on previous year | -347.3% |
| 2023 | 2.89 % change on previous year | -135.2% |
| 2024 | 0 % change on previous year | -100.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.02 % change on previous year | -4.81 % change on previous year | 9.28 % change on previous year | 4 |
| 1990s | 1.03 % change on previous year | -8.39 % change on previous year | 9.66 % change on previous year | 10 |
| 2000s | 0.5067 % change on previous year | -7.71 % change on previous year | 11.08 % change on previous year | 10 |
| 2010s | 1.81 % change on previous year | -10.77 % change on previous year | 13.17 % change on previous year | 10 |
| 2020s | 0.8364 % change on previous year | -8.21 % change on previous year | 6.18 % change on previous year | 5 |
Countries ranked near Faroe Islands
- 161 Egypt 0.0066 % change on previous year compare
- 162 Nicaragua 0.0028 % change on previous year compare
- 163 India 0.0003 % change on previous year compare
- 164 Gibraltar 0 % change on previous year compare
- 164 Guam 0 % change on previous year compare
- 164 Kyrgyzstan 0 % change on previous year compare
- 164 Tajikistan 0 % change on previous year compare
- 164 British Virgin Islands 0 % change on previous year compare
- 164 Saint Helena 0 % change on previous year compare
- 164 Antarctica 0 % change on previous year compare
More energy & mining data for Faroe Islands
- Fuel imports 15.7% (2009)
- Ores and metals imports 0.9% (2009)
- Ores and metals exports 0.1% (2009)
- Gas production 0 terawatt-hours (2024)
- Fossil fuel production per person, by fuel 0 kilowatt-hours per person (2024)
- Fossil fuel production by fuel 0 terawatt-hours (2024)
- Gas production per person 0 kilowatt-hours per person (2024)
- Fossil fuel production by fuel, per capita 0 terawatt-hours per person (2024)
- Fossil fuel production by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Gas production, per capita 0 terawatt-hours per person (2024)
Frequently asked questions
- What is oil consumption, annual growth rate in Faroe Islands?
- Oil consumption, annual growth rate in Faroe Islands was 0 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest oil consumption, annual growth rate recorded in Faroe Islands?
- The highest recorded value was 13.17 % change on previous year in 2017.
- What is the lowest oil consumption, annual growth rate recorded in Faroe Islands?
- The lowest recorded value was -10.77 % change on previous year in 2014.
- How does Faroe Islands rank for oil consumption, annual growth rate?
- Faroe Islands ranks 164th out of 218 countries with data for 2024.
- Is oil consumption, annual growth rate rising or falling in Faroe Islands?
- Over the last ten years it is up 100.0%. The long-run trend across the full record is volatile.
- Where does this Faroe Islands data come from?
- The figures come from Statizoid (derived), published as part of Oil consumption, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 39 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Oil consumption. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Oil consumption Energy Institute - Statistical Review of World Energy (2026); U.S. Energy Information Administration (2026); Etemad & Luciani (1991) – with major processing by Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Oil consumption. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.