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World Bank · Economy

Faroe Islands: GDP (current LCU)

27.94Bcurrent LCU · 2024+70.9% since 2014

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. Annual figures for Faroe Islands from 1962 to 2024.

19852024

Every year

YearValue (current LCU)Note
202427,942,900,000
202327,167,000,000
202225,582,000,000
202123,259,500,000
202021,404,700,000
201921,785,300,000
201820,134,800,000
201719,677,000,000
201618,938,200,000
201517,317,000,000
201416,354,800,000
201315,108,500,000
201214,059,500,000
201113,452,600,000
201013,114,200,000
200912,308,900,000
200812,693,700,000
200712,732,900,000
200611,998,700,000
200510,553,000,000
200410,333,200,000
20039,894,300,000
200210,066,500,000
20019,656,700,000
20008,625,600,000
19997,867,000,000
19987,402,700,000
19976,167,000,000
19965,738,000,000
19955,050,000,000
19944,826,000,000
19934,934,000,000
19925,509,000,000
19915,816,000,000
19905,946,000,000
19896,374,000,000
19886,520,000,000
19876,064,000,000
19865,574,000,000
19854,867,000,000
19844,412,000,000
19834,450,000,000
19823,700,000,000
19813,250,000,000
19802,778,600,000
19792,359,900,000
19782,193,900,000
19772,087,900,000
19761,635,000,000
19751,306,700,000
19741,199,300,000
1973975,400,000
1972829,300,000
1971735,900,000
1970637,000,000
1969525,800,000
1968488,900,000
1967460,700,000
1966444,800,000
1965400,300,000
1964354,800,000
1963311,400,000
1962259,900,000

Source

Published by World Bank, produced by OECD, World Bank. Licence: CC BY 4.0. Retrieved 2026-11-05.

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Cite or download

World Bank (2026). GDP (current LCU). Interva. https://interva.co/dataset/worldbank-gdp (accessed 2026-11-07). catalog snapshot 2026-11-05.

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Faroe Islands: GDP (current LCU) (1962–2024) · Interva