Cyprus vs Faroe Islands: GDP

Cyprus
36.48 billion current LCU
in 2025
Faroe Islands
27.94 billion current LCU
in 2024
Cyprus rank
165th
Faroe Islands rank
168th

GDP over time

  • Cyprus
  • Faroe Islands
010.0B20.0B30.0B40.0B196219932025

How they compare

Cyprus currently reports 36.48 billion current LCU against 27.94 billion current LCU in Faroe Islands, a difference of 8.54 billion current LCU.

That makes Cyprus's figure about 1.3 times Faroe Islands's.

The two have swapped places 1 time across 50 shared years of data; in 1975 it was Faroe Islands ahead.

Cyprus ranks 165th and Faroe Islands ranks 168th of 213 countries.

Across the 6 decades both report, Cyprus averaged higher in 4 and Faroe Islands in 2.

Head to head by decade

Decade Cyprus Faroe Islands Difference Ahead
1970s 734.80 million current LCU 1.92 billion current LCU 1.18 billion current LCU Faroe Islands
1980s 2.43 billion current LCU 4.80 billion current LCU 2.36 billion current LCU Faroe Islands
1990s 6.89 billion current LCU 5.93 billion current LCU 963.79 million current LCU Cyprus
2000s 14.66 billion current LCU 10.89 billion current LCU 3.77 billion current LCU Cyprus
2010s 19.68 billion current LCU 16.99 billion current LCU 2.69 billion current LCU Cyprus
2020s 28.98 billion current LCU 25.07 billion current LCU 3.91 billion current LCU Cyprus

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gdp, Cyprus or Faroe Islands?
Cyprus, at 36.48 billion current LCU against 27.94 billion current LCU in Faroe Islands as of 2025.
What is the difference in gdp between Cyprus and Faroe Islands?
8.54 billion current LCU, with Cyprus ahead.
How many years of comparable data are there for Cyprus and Faroe Islands?
50 years are reported by both, from 1975 to 2024.
How do Cyprus and Faroe Islands rank globally for gdp?
Cyprus ranks 165th and Faroe Islands ranks 168th of 213 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as GDP (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
GDP (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
213 places, 11,862 data points, 1960–2025
Last refreshed

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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.