Oil consumption, per unit of GDP in Faroe Islands
Faroe Islands: Oil consumption, per unit of GDP was 0 terawatt-hours per US$ of GDP in 2024. ◆ Volatile
Oil consumption, per unit of GDP in Faroe Islands, 1980–2024
Source: Statizoid (derived). Measured in terawatt-hours per US$ of GDP.
Analysis
In 2024, oil consumption, per unit of gdp in Faroe Islands stood at 0 terawatt-hours per US$ of GDP.
Compared with earlier readings it is down 2.7% on the previous year and down 12.6% over ten years.
Over the whole period, oil consumption, per unit of gdp in Faroe Islands peaked at 0 terawatt-hours per US$ of GDP in 1985 and was at its lowest, 0 terawatt-hours per US$ of GDP, in 1980.
Faroe Islands ranks 90th of 201 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Oil consumption, per unit of GDP in Faroe Islands, year by year
| Year | terawatt-hours per US$ of GDP | Change |
|---|---|---|
| 1980 | 0 terawatt-hours per US$ of GDP | — |
| 1981 | 0 terawatt-hours per US$ of GDP | — |
| 1982 | 0 terawatt-hours per US$ of GDP | — |
| 1983 | 0 terawatt-hours per US$ of GDP | — |
| 1984 | 0 terawatt-hours per US$ of GDP | — |
| 1985 | 0 terawatt-hours per US$ of GDP | — |
| 1986 | 0 terawatt-hours per US$ of GDP | -36.5% |
| 1987 | 0 terawatt-hours per US$ of GDP | -19.3% |
| 1988 | 0 terawatt-hours per US$ of GDP | -5.0% |
| 1989 | 0 terawatt-hours per US$ of GDP | +21.4% |
| 1990 | 0 terawatt-hours per US$ of GDP | -0.5% |
| 1991 | 0 terawatt-hours per US$ of GDP | -3.2% |
| 1992 | 0 terawatt-hours per US$ of GDP | -0.5% |
| 1993 | 0 terawatt-hours per US$ of GDP | +18.3% |
| 1994 | 0 terawatt-hours per US$ of GDP | +2.9% |
| 1995 | 0 terawatt-hours per US$ of GDP | -9.3% |
| 1996 | 0 terawatt-hours per US$ of GDP | -8.4% |
| 1997 | 0 terawatt-hours per US$ of GDP | +5.7% |
| 1998 | 0 terawatt-hours per US$ of GDP | -15.5% |
| 1999 | 0 terawatt-hours per US$ of GDP | -2.0% |
| 2000 | 0 terawatt-hours per US$ of GDP | +17.4% |
| 2001 | 0 terawatt-hours per US$ of GDP | +1.9% |
| 2002 | 0 terawatt-hours per US$ of GDP | -12.6% |
| 2003 | 0 terawatt-hours per US$ of GDP | -14.7% |
| 2004 | 0 terawatt-hours per US$ of GDP | -11.3% |
| 2005 | 0 terawatt-hours per US$ of GDP | -4.8% |
| 2006 | 0 terawatt-hours per US$ of GDP | -14.2% |
| 2007 | 0 terawatt-hours per US$ of GDP | -10.0% |
| 2008 | 0 terawatt-hours per US$ of GDP | -12.9% |
| 2009 | 0 terawatt-hours per US$ of GDP | +0.1% |
| 2010 | 0 terawatt-hours per US$ of GDP | +5.3% |
| 2011 | 0 terawatt-hours per US$ of GDP | -13.7% |
| 2012 | 0 terawatt-hours per US$ of GDP | +5.6% |
| 2013 | 0 terawatt-hours per US$ of GDP | -1.0% |
| 2014 | 0 terawatt-hours per US$ of GDP | -17.6% |
| 2015 | 0 terawatt-hours per US$ of GDP | +19.1% |
| 2016 | 0 terawatt-hours per US$ of GDP | -6.1% |
| 2017 | 0 terawatt-hours per US$ of GDP | +6.8% |
| 2018 | 0 terawatt-hours per US$ of GDP | -3.6% |
| 2019 | 0 terawatt-hours per US$ of GDP | -9.2% |
| 2020 | 0 terawatt-hours per US$ of GDP | +6.0% |
| 2021 | 0 terawatt-hours per US$ of GDP | -8.6% |
| 2022 | 0 terawatt-hours per US$ of GDP | -6.1% |
| 2023 | 0 terawatt-hours per US$ of GDP | -5.7% |
| 2024 | 0 terawatt-hours per US$ of GDP | -2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0 terawatt-hours per US$ of GDP | 0 terawatt-hours per US$ of GDP | 0 terawatt-hours per US$ of GDP | 10 |
| 1990s | 0 terawatt-hours per US$ of GDP | 0 terawatt-hours per US$ of GDP | 0 terawatt-hours per US$ of GDP | 10 |
| 2000s | 0 terawatt-hours per US$ of GDP | 0 terawatt-hours per US$ of GDP | 0 terawatt-hours per US$ of GDP | 10 |
| 2010s | 0 terawatt-hours per US$ of GDP | 0 terawatt-hours per US$ of GDP | 0 terawatt-hours per US$ of GDP | 10 |
| 2020s | 0 terawatt-hours per US$ of GDP | 0 terawatt-hours per US$ of GDP | 0 terawatt-hours per US$ of GDP | 5 |
Countries ranked near Faroe Islands
- 87 Togo 0 terawatt-hours per US$ of GDP compare
- 88 Solomon Islands 0 terawatt-hours per US$ of GDP compare
- 89 Qatar 0 terawatt-hours per US$ of GDP compare
- 91 Guam 0 terawatt-hours per US$ of GDP compare
- 92 Republic of Korea 0 terawatt-hours per US$ of GDP compare
- 93 Nepal 0 terawatt-hours per US$ of GDP compare
More energy & mining data for Faroe Islands
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate 0 % change on previous year (2024)
- Coal consumption, per capita 0 terawatt-hours per person (2024)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per capita 0.0001 terawatt-hours per person (2024)
- Fuel imports 15.7% (2009)
- Ores and metals imports 0.9% (2009)
Frequently asked questions
- What is oil consumption, per unit of gdp in Faroe Islands?
- Oil consumption, per unit of gdp in Faroe Islands was 0 terawatt-hours per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest oil consumption, per unit of gdp recorded in Faroe Islands?
- The highest recorded value was 0 terawatt-hours per US$ of GDP in 1985.
- What is the lowest oil consumption, per unit of gdp recorded in Faroe Islands?
- The lowest recorded value was 0 terawatt-hours per US$ of GDP in 1980.
- How does Faroe Islands rank for oil consumption, per unit of gdp?
- Faroe Islands ranks 90th out of 201 countries with data for 2024.
- Is oil consumption, per unit of gdp rising or falling in Faroe Islands?
- Over the last ten years it is down 12.6%. 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, per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Oil consumption divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Oil consumption ÷ GDP (current US$)
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
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Oil consumption divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.