Faroe Islands — Nominal GDP
millions of LCU · Annual · 1962–2024 · 63 observations
About this series
Nominal GDP is the market value of final goods and services produced within a country during the period, measured at current prices. It combines changes in output and prices.
The nominal GDP reading for the Faroe Islands was 27.94B LCU in 2024. The previous reading was 27.17B LCU in 2023; the period change was +2.86%. Relative to the selected 10-year average of 22.32B LCU, the latest reading was above.
Get the full series
- Annual data, 1962–2024
- The underlying source, downloadable
Latest observations
2012–2024
| Period | Value |
|---|---|
| 2024 | 27.94B LCU |
| 2023 | 27.17B LCU |
| 2022 | 25.58B LCU |
| 2021 | 23.26B LCU |
| 2020 | 21.40B LCU |
8 earlier values, back to 2012
| 2019 | 21.79B LCU |
| 2018 | 20.13B LCU |
| 2017 | 19.68B LCU |
| 2016 | 18.94B LCU |
| 2015 | 17.32B LCU |
| 2014 | 16.35B LCU |
| 2013 | 15.11B LCU |
| 2012 | 14.06B LCU |