Eritrea vs Faroe Islands: GDP
GDP over time
- Eritrea
- Faroe Islands
How they compare
Eritrea currently reports 31.75 billion current LCU against 27.94 billion current LCU in Faroe Islands, a difference of 3.81 billion current LCU.
That makes Eritrea's figure about 1.1 times Faroe Islands's.
The two have swapped places 1 time across 20 shared years of data; in 1992 it was Faroe Islands ahead.
Globally, Eritrea ranks 167th and Faroe Islands ranks 168th of 213 countries.
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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.