Faroe Islands AI Investment (% of GDP) 2024: 28.17 %
Faroe Islands's ai investment (% of gdp) in 2024 is 28.17 %, down 10.2% from 2023. It ranks #33 of 156 countries.
AI investment as a percentage of GDP measures a country's commitment to AI development and innovation, influencing global competitiveness.
Source (2024): Gross capital formation (% of GDP) - World Bank Open Data
AI Investment (% of GDP) over time
| Year | Value | Change | % Change | Actions |
|---|---|---|---|---|
| 2024 | 28.17 % | 3.21 % | -10.23% | |
| 2023 | 31.38 % | 0.94 % | -2.92% | |
| 2022 | 32.32 % | +3.46 % | +11.98% | |
| 2021 | 28.87 % | +0.61 % | +2.15% | |
| 2020 | 28.26 % | +0.64 % | +2.33% | |
| 2019 | 27.61 % | 2.1 % | -7.06% | |
| 2018 | 29.71 % | +6.25 % | +26.65% | |
| 2017 | 23.46 % | +1.3 % | +5.85% | |
| 2016 | 22.16 % | 1.8 % | -7.53% | |
| 2015 | 23.97 % | +2.21 % | +10.16% | |
| 2014 | 21.76 % | +0.16 % | +0.75% | |
| 2013 | 21.6 % | 4.66 % | -17.75% | |
| 2012 | 26.26 % | +10 % | +61.51% | |
| 2011 | 16.26 % | 3.26 % | -16.72% | |
| 2010 | 19.52 % | +1.98 % | +11.30% | |
| 2009 | 17.54 % | 8.63 % | -32.97% | |
| 2008 | 26.17 % | 5.98 % | -18.60% | |
| 2007 | 32.15 % | +3.47 % | +12.11% | |
| 2006 | 28.67 % | +6.66 % | +30.23% | |
| 2005 | 22.02 % | +1.78 % | +8.81% | |
| 2004 | 20.23 % | 11.17 % | -35.57% | |
| 2003 | 31.41 % | +8.11 % | +34.84% | |
| 2002 | 23.29 % | 2.83 % | -10.83% | |
| 2001 | 26.12 % | — | — |
Frequently Asked Questions About Faroe Islands AI Investment (% of GDP)
What is Faroe Islands's ai investment (% of gdp) in 2024?▾
Faroe Islands's ai investment (% of gdp) is 28.17 % in 2024, according to Gross capital formation (% of GDP), World Bank (WB).
Is Faroe Islands's ai investment (% of gdp) increasing or decreasing?▾
Faroe Islands's ai investment (% of gdp) fell by 10.2% from 2023 (31.38 %) to 2024 (28.17 %). Over the past decade (2014–2024) it rose by 29.5%.
How does Faroe Islands rank for ai investment (% of gdp)?▾
In 2024, Faroe Islands has the 33rd highest ai investment (% of gdp) out of 156 countries with data.
What was Faroe Islands's ai investment (% of gdp) in 2001?▾
In 2001, Faroe Islands's ai investment (% of gdp) was 26.12 %. By 2024 it rose by 7.8%.
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