Faroe Islands vs Malta: GDP
GDP over time
- Faroe Islands
- Malta
How they compare
Faroe Islands currently reports 20.63 billion constant LCU against 20.40 billion constant LCU in Malta, a difference of 226.10 million constant LCU.
Across all 17 years both countries report, Faroe Islands has been ahead every year.
Faroe Islands ranks 163rd and Malta ranks 164th of 214 countries.
Faroe Islands has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Faroe Islands | Malta | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 13.48 billion constant LCU | 8.16 billion constant LCU | 5.32 billion constant LCU | Faroe Islands |
| 2010s | 15.92 billion constant LCU | 11.19 billion constant LCU | 4.73 billion constant LCU | Faroe Islands |
| 2020s | 19.64 billion constant LCU | 17.09 billion constant LCU | 2.55 billion constant LCU | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp, Faroe Islands or Malta?
- Faroe Islands, at 20.63 billion constant LCU against 20.40 billion constant LCU in Malta as of 2024.
- What is the difference in gdp between Faroe Islands and Malta?
- 226.10 million constant LCU, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Malta?
- 17 years are reported by both, from 2008 to 2024.
- How do Faroe Islands and Malta rank globally for gdp?
- Faroe Islands ranks 163rd and Malta ranks 164th of 214 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.
Individual pages
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.