Faroe Islands vs Malta: GDP
GDP over time
- Faroe Islands
- Malta
How they compare
Faroe Islands currently reports 27.94 billion current LCU against 24.58 billion current LCU in Malta, a difference of 3.37 billion current LCU.
That makes Faroe Islands's figure about 1.1 times Malta's.
Across all 55 years both countries report, Faroe Islands has been ahead every year.
Faroe Islands ranks 168th and Malta ranks 169th of 213 countries.
Faroe Islands has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Faroe Islands | Malta | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.40 billion current LCU | 450.33 million current LCU | 945.70 million current LCU | Faroe Islands |
| 1980s | 4.80 billion current LCU | 1.29 billion current LCU | 3.51 billion current LCU | Faroe Islands |
| 1990s | 5.93 billion current LCU | 2.84 billion current LCU | 3.09 billion current LCU | Faroe Islands |
| 2000s | 10.89 billion current LCU | 5.14 billion current LCU | 5.75 billion current LCU | Faroe Islands |
| 2010s | 16.99 billion current LCU | 10.03 billion current LCU | 6.96 billion current LCU | Faroe Islands |
| 2020s | 25.07 billion current LCU | 18.62 billion current LCU | 6.45 billion current 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 27.94 billion current LCU against 24.58 billion current LCU in Malta as of 2024.
- What is the difference in gdp between Faroe Islands and Malta?
- 3.37 billion current LCU, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Malta?
- 55 years are reported by both, from 1970 to 2024.
- How do Faroe Islands and Malta rank globally for gdp?
- Faroe Islands ranks 168th and Malta ranks 169th 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
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.