Cyprus vs Faroe Islands: Gross capital formation
Gross capital formation over time
- Cyprus
- Faroe Islands
How they compare
Faroe Islands currently reports 7.87 billion current LCU against 7.03 billion current LCU in Cyprus, a difference of 844.91 million current LCU.
That makes Faroe Islands's figure about 1.1 times Cyprus's.
The two have swapped places 5 times across 27 shared years of data; in 1998 it was Cyprus ahead.
Cyprus ranks 157th and Faroe Islands ranks 155th of 186 countries.
Across the 4 decades both report, Cyprus averaged higher in 2 and Faroe Islands in 2.
Head to head by decade
| Decade | Cyprus | Faroe Islands | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.83 billion current LCU | 1.75 billion current LCU | 77.11 million current LCU | Cyprus |
| 2000s | 3.32 billion current LCU | 2.81 billion current LCU | 512.17 million current LCU | Cyprus |
| 2010s | 3.44 billion current LCU | 4.02 billion current LCU | 580.75 million current LCU | Faroe Islands |
| 2020s | 5.98 billion current LCU | 7.49 billion current LCU | 1.50 billion current LCU | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation, Cyprus or Faroe Islands?
- Faroe Islands, at 7.87 billion current LCU against 7.03 billion current LCU in Cyprus as of 2024.
- What is the difference in gross capital formation between Cyprus and Faroe Islands?
- 844.91 million current LCU, with Faroe Islands ahead.
- How many years of comparable data are there for Cyprus and Faroe Islands?
- 27 years are reported by both, from 1998 to 2024.
- How do Cyprus and Faroe Islands rank globally for gross capital formation?
- Cyprus ranks 157th and Faroe Islands ranks 155th of 186 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross capital formation (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. 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.