Faroe Islands vs Malta: GDP

Faroe Islands
26.92 billion current LCU
in 2023
Malta
22.47 billion current LCU
in 2024
Faroe Islands rank
166th
Malta rank
168th

GDP over time

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

How they compare

Faroe Islands currently reports 26.92 billion current LCU against 22.47 billion current LCU in Malta, a difference of 4.45 billion current LCU.

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

Across all 54 years both countries report, Faroe Islands has been ahead every year.

Faroe Islands ranks 166th and Malta ranks 168th of 208 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 24.15 billion current LCU 17.46 billion current LCU 6.69 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 26.92 billion current LCU against 22.47 billion current LCU in Malta as of 2023.
What is the difference in gdp between Faroe Islands and Malta?
4.45 billion current LCU, with Faroe Islands ahead.
How many years of comparable data are there for Faroe Islands and Malta?
54 years are reported by both, from 1970 to 2023.
How do Faroe Islands and Malta rank globally for gdp?
Faroe Islands ranks 166th and Malta ranks 168th 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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Faroe Islands vs Malta: GDP. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 16 August 2026, from https://population.statizoid.com/compare/gdp-current-lcu-2/faroe-islands/malta/

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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