Faroe Islands Inflation Rate (Consumer Prices) 2024: -0.30 %
Faroe Islands's inflation rate (consumer prices) in 2024 is -0.30 %, unchanged from 2023.
Inflation Rate (Consumer Prices) reveals how price changes affect economies. Compare countries and explore interactive rankings and trends.
Inflation Rate (Consumer Prices) over time
| Year | Value | Change | % Change | Actions |
|---|---|---|---|---|
| 2024 | -0.3 % | 0 % | 0.00% | |
| 2023 | -0.3 % | 0 % | 0.00% | |
| 2022 | -0.3 % | 0 % | 0.00% | |
| 2021 | -0.3 % | 0 % | 0.00% | |
| 2020 | -0.3 % | 0 % | 0.00% | |
| 2019 | -0.3 % | 0 % | 0.00% | |
| 2018 | -0.3 % | 0 % | 0.00% | |
| 2017 | -0.3 % | 2.6 % | -113.04% | |
| 2016 | 2.3 % | 0 % | 0.00% | |
| 2015 | 2.3 % | 0 % | 0.00% | |
| 2014 | 2.3 % | 0 % | 0.00% | |
| 2013 | 2.3 % | 0 % | 0.00% | |
| 2012 | 2.3 % | +3.4 % | -309.09% | |
| 2011 | -1.1 % | 0 % | 0.00% | |
| 2010 | -1.1 % | 2.9 % | -161.11% | |
| 2009 | 1.8 % | 0 % | 0.00% | |
| 2008 | 1.8 % | 0 % | 0.00% | |
| 2007 | 1.8 % | 3.3 % | -64.71% | |
| 2006 | 5.1 % | 0 % | 0.00% | |
| 2005 | 5.1 % | 0 % | 0.00% | |
| 2004 | 5.1 % | 0 % | 0.00% | |
| 2003 | 5.1 % | 0 % | 0.00% | |
| 2002 | 5.1 % | 0 % | 0.00% | |
| 2001 | 5.1 % | +2.3 % | +82.14% | |
| 2000 | 2.8 % | 0 % | 0.00% | |
| 1999 | 2.8 % | 0 % | 0.00% | |
| 1998 | 2.8 % | 0 % | 0.00% | |
| 1997 | 2.8 % | 4 % | -58.82% | |
| 1996 | 6.8 % | 0 % | 0.00% | |
| 1995 | 6.8 % | +4.8 % | +240.00% | |
| 1994 | 2 % | 0 % | 0.00% | |
| 1993 | 2 % | 0 % | 0.00% | |
| 1992 | 2 % | 0 % | 0.00% | |
| 1991 | 2 % | 0 % | 0.00% | |
| 1990 | 2 % | — | — |
Frequently Asked Questions About Faroe Islands Inflation Rate (Consumer Prices)
What is Faroe Islands's inflation rate (consumer prices) in 2024?▾
Faroe Islands's inflation rate (consumer prices) is -0.30 % in 2024, according to CIA World Factbook.
Is Faroe Islands's inflation rate (consumer prices) increasing or decreasing?▾
Faroe Islands's inflation rate (consumer prices) was essentially unchanged from 2023 (-0.30 %) to 2024 (-0.30 %). Over the past decade (2014–2024) it fell by 113.0%.
What was Faroe Islands's inflation rate (consumer prices) in 1990?▾
In 1990, Faroe Islands's inflation rate (consumer prices) was 2 %. By 2024 it fell by 115.0%.
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