What is the difference in gross domestic savings between Cyprus and Faroe Islands?

278.04 million current LCU, with Cyprus ahead.

How many years of comparable data are there for Cyprus and Faroe Islands?

27 years are reported by both, from 1998 to 2024.

Where does this data come from?

Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross domestic savings (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Cyprus vs Faroe Islands: Gross domestic savings

Cyprus

9.09 billion current LCU

in 2025

Faroe Islands

8.81 billion current LCU

in 2024

Cyprus rank

135th

Faroe Islands rank

136th

Gross domestic savings over time

Cyprus
Faroe Islands

How they compare

Cyprus currently reports 9.09 billion current LCU against 8.81 billion current LCU in Faroe Islands, a difference of 278.04 million current LCU.

The two have swapped places 1 time across 27 shared years of data; in 1998 it was Cyprus ahead.

Cyprus ranks 135th and Faroe Islands ranks 136th of 187 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	2.07 billion current LCU	1.70 billion current LCU	372.51 million current LCU	Cyprus
2000s	2.95 billion current LCU	1.71 billion current LCU	1.24 billion current LCU	Cyprus
2010s	3.36 billion current LCU	4.00 billion current LCU	645.43 million current LCU	Faroe Islands
2020s	6.76 billion current LCU	7.69 billion current LCU	926.50 million current LCU	Faroe Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic savings, Cyprus or Faroe Islands?: Cyprus, at 9.09 billion current LCU against 8.81 billion current LCU in Faroe Islands as of 2025.
What is the difference in gross domestic savings between Cyprus and Faroe Islands?: 278.04 million current LCU, with Cyprus 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 domestic savings?: Cyprus ranks 135th and Faroe Islands ranks 136th of 187 countries.
Where does this data come from?: Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross domestic savings (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Cyprus vs Faroe Islands: Gross domestic savings. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 02 September 2026, from https://economy.statizoid.com/compare/gross-domestic-savings-current-lcu/cyprus/faroe-islands/

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About this data

Indicator: Gross domestic savings (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: 187 places, 8,736 data points, 1960–2025
Last refreshed: 20 August 2026

Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). 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.