Faroe Islands Taxes and Other Revenues 2024: 30.20

Faroe Islands's taxes and other revenues in 2024 is 30.20, unchanged from 2023. It ranks #24 of 198 countries.

Explore taxes and other revenues across 266+ countries. Compare data, view rankings, and interact with detailed maps to uncover trends.

Faroe Islands•14 years of data (2011–2024)••CIA World Factbook•
Historical Trend

Taxes and Other Revenues over time

Year-by-Year Data
YearValueChange% ChangeActions
202430.200.00%
202330.200.00%
202230.200.00%
202130.200.00%
202030.200.00%
201930.200.00%
201830.200.00%
201730.214-31.67%
201644.200.00%
201544.200.00%
201444.200.00%
201344.200.00%
201244.23.3-6.95%
201147.5——

Frequently Asked Questions About Faroe Islands Taxes and Other Revenues

What is Faroe Islands's taxes and other revenues in 2024?▾

Faroe Islands's taxes and other revenues is 30.20 in 2024, according to CIA World Factbook.

Is Faroe Islands's taxes and other revenues increasing or decreasing?▾

Faroe Islands's taxes and other revenues was essentially unchanged from 2023 (30.20) to 2024 (30.20). Over the past decade (2014–2024) it fell by 31.7%.

How does Faroe Islands rank for taxes and other revenues?▾

In 2024, Faroe Islands has the 24th highest taxes and other revenues out of 198 countries with data.

What was Faroe Islands's taxes and other revenues in 2011?▾

In 2011, Faroe Islands's taxes and other revenues was 47.50. By 2024 it fell by 36.4%.

Other Facts about Faroe Islands

Explore additional statistical insights

People and Society

Currently married (Percent) in Faroe Islands

The percentage of currently married individuals by country highlights societal trends in family structure and relationships. Understanding these statistics can provide insights into cultural norms and demographic shifts, influencing policies and social programs.

Economy

Gross Domestic Product (GDP) by Country in Current US Dollars in Faroe Islands

Discover the Gross Domestic Product (GDP) by country in current US dollars, a key indicator of economic performance. This statistic reveals the financial health and growth potential of nations, making it essential for investors and policymakers.

People and Society

Life expectancy at birth in Faroe Islands

Life expectancy at birth measures the average years a newborn is expected to live, reflecting a country's health standards and quality of life. This vital statistic highlights disparities in healthcare and living conditions across nations, making it essential for global health assessments.

People and Society

Median age of population in Faroe Islands

The median age of a population is a key demographic indicator, reflecting the age distribution within a country. Understanding median age helps assess economic development, healthcare needs, and social dynamics. Countries with a higher median age may face challenges related to aging populations, while younger populations often indicate growth potential.

Geography

Percentage of land area by degree of urbanization in Faroe Islands

Explore the percentage of land area by degree of urbanization, highlighting how urban development shapes countries' landscapes and influences economic growth. Understanding this statistic reveals the balance between urban and rural spaces, essential for sustainable planning.

People and Society

Population Change in Faroe Islands

This statistic measures population change across countries, highlighting shifts in demographics. Understanding these changes is crucial for planning resources, economic growth, and social services.