Estonia vs Faroe Islands: GDP
GDP over time
- Estonia
- Faroe Islands
How they compare
Estonia currently reports 29.11 billion constant LCU against 20.63 billion constant LCU in Faroe Islands, a difference of 8.49 billion constant LCU.
That makes Estonia's figure about 1.4 times Faroe Islands's.
Across all 17 years both countries report, Estonia has been ahead every year.
Estonia ranks 160th and Faroe Islands ranks 163rd of 213 countries.
Estonia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Estonia | Faroe Islands | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 21.73 billion constant LCU | 13.48 billion constant LCU | 8.25 billion constant LCU | Estonia |
| 2010s | 24.55 billion constant LCU | 15.92 billion constant LCU | 8.63 billion constant LCU | Estonia |
| 2020s | 29.14 billion constant LCU | 19.64 billion constant LCU | 9.51 billion constant LCU | Estonia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp, Estonia or Faroe Islands?
- Estonia, at 29.11 billion constant LCU against 20.63 billion constant LCU in Faroe Islands as of 2025.
- What is the difference in gdp between Estonia and Faroe Islands?
- 8.49 billion constant LCU, with Estonia ahead.
- How many years of comparable data are there for Estonia and Faroe Islands?
- 17 years are reported by both, from 2008 to 2024.
- How do Estonia and Faroe Islands rank globally for gdp?
- Estonia ranks 160th and Faroe Islands ranks 163rd of 213 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as GDP (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.