Cyprus vs Faroe Islands: GDP

Cyprus
33.57 billion current LCU
in 2024
Faroe Islands
26.92 billion current LCU
in 2023
Cyprus rank
163rd
Faroe Islands rank
166th

GDP over time

  • Cyprus
  • Faroe Islands
010.0B20.0B30.0B197019972024

How they compare

Cyprus currently reports 33.57 billion current LCU against 26.92 billion current LCU in Faroe Islands, a difference of 6.65 billion current LCU.

That makes Cyprus's figure about 1.2 times Faroe Islands's.

The two have swapped places 1 time across 49 shared years of data; in 1975 it was Faroe Islands ahead.

Cyprus ranks 163rd and Faroe Islands ranks 166th of 208 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 27.19 billion current LCU 24.15 billion current LCU 3.04 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 33.57 billion current LCU against 26.92 billion current LCU in Faroe Islands as of 2024.
What is the difference in gdp between Cyprus and Faroe Islands?
6.65 billion current LCU, with Cyprus ahead.
How many years of comparable data are there for Cyprus and Faroe Islands?
49 years are reported by both, from 1975 to 2023.
How do Cyprus and Faroe Islands rank globally for gdp?
Cyprus ranks 163rd and Faroe Islands ranks 166th of 208 countries.
Where does this data come from?
UNESCO Institute for Statistics, published as GDP (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: GDP. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 16 August 2026, from https://population.statizoid.com/compare/gdp-current-lcu-2/cyprus/faroe-islands/

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About this data

Indicator
GDP (current LCU)
Unit
current LCU
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,385 data points, 1970–2024
Last refreshed

February 2026 Data Release