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World Bank · Economy

Faroe Islands: GDP (constant LCU)

20.63Bconstant LCU · 2024+27.1% 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 constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units. Annual figures for Faroe Islands from 2008 to 2024.

20082024

Every year

YearValue (constant LCU)Note
202420,629,700,000
202320,457,100,000
202219,830,700,000
202119,093,500,000
202018,172,800,000
201918,475,300,000
201817,673,200,000
201717,197,900,000
201616,614,400,000
201516,387,200,000
201416,231,700,000
201315,395,400,000
201214,543,700,000
201113,581,900,000
201013,114,200,000
200913,164,200,000
200813,792,200,000

Source

Published by World Bank, produced by OECD, World Bank. Licence: CC BY 4.0. Retrieved 2026-11-07.

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Cite or download

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

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Faroe Islands: GDP (constant LCU) (2008–2024) · Interva