Cyprus vs Faroe Islands: GDP: linked series
GDP: linked series over time
- Cyprus
- Faroe Islands
How they compare
Cyprus currently reports 36.48 billion current LCU against 27.94 billion current LCU in Faroe Islands, a difference of 8.54 billion current LCU.
That makes Cyprus's figure about 1.3 times Faroe Islands's.
Across all 17 years both countries report, Cyprus has been ahead every year.
Globally, Cyprus ranks 165th 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 series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. 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.