Oil share of electricity — all countries

Oil share of electricity — Faroe Islands

Oil share of electricity in the Faroe Islands in 2021 — 61.92%. Ranked 157 in the world out of 209. Since 2000, the indicator has fallen by 2.73 pp.

2021 61.92% +0.61 pp vs 2020
World rank 157of 209
Period maximum 71.1%2010
Period minimum 39.9%2015

Trend over time

2000–2021 · % of generation

Oil share of electricity — Faroe Islands, 2000–2021304050607080200020032006200920122015201820212000: 64.64%2001: 67.43%2002: 59.61%2003: 64.38%2004: 58.63%2005: 55.49%2006: 55.68%2007: 55.38%2008: 60.55%2009: 61.02%2010: 71.1%2011: 60.92%2012: 62.07%2013: 61.57%2014: 49.18%2015: 39.9%2016: 50.06%2017: 48.88%2018: 51.16%2019: 59.57%2020: 61.31%2021: 61.92%
Change over the period: −2.73 pp Annual average: -0.13 pp

Comparison, 2021

How the value compares with the world and the groups this territory belongs to: Faroe Islands

Faroe Islands 61.92%
World 2.77%
Northern Europe computed 0.62%
High-income countries computed 3.05%
Oil share of electricity — Faroe Islands, by year Faroe Islands All countries CSV XLSX
Year % Change, pp
2021 61.92 +0.61 pp
2020 61.31 +1.74 pp
2019 59.57 +8.41 pp
2018 51.16 +2.29 pp
2017 48.88 −1.18 pp
2016 50.06 +10.16 pp
2015 39.9 −9.28 pp
2014 49.18 −12.39 pp
2013 61.57 −0.5 pp
2012 62.07 +1.15 pp
2011 60.92 −10.18 pp
2010 71.1 +10.09 pp
2009 61.02 +0.47 pp
2008 60.55 +5.17 pp
2007 55.38 −0.3 pp
2006 55.68 +0.19 pp
2005 55.49 −3.14 pp
2004 58.63 −5.75 pp
2003 64.38 +4.77 pp
2002 59.61 −7.82 pp
2001 67.43 +2.79 pp
2000 64.64

About the indicator

The share of electricity generated from oil and petroleum products. In large power systems this share is close to zero: burning oil for electricity is expensive, and it is more profitable to send it to transport. It is high where there is no other choice — on islands and in isolated systems, to which diesel can be shipped but where a pipeline or a large hydro plant cannot be built. A high value therefore usually says not that a country is rich in oil but that it is isolated.

Important: Aggregates are weighted by generation in terawatt-hours and computed from 2000 onward. A high value usually means an isolated power system rather than oil wealth.

Source: World Development Indicators (World Bank), license CC BY 4.0.