World Bank · Economy
Faroe Islands: Gross value added at basic prices (GVA) (current US$)
3.57Bcurrent USD · 2024+38.3% since 2014
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars. Reported as: GVA. Annual figures for Faroe Islands from 1998 to 2024.
Every year
| Year | Value (current USD) | Note |
|---|---|---|
| 2024 | 3,574,395,014.005 | |
| 2023 | 3,518,134,447.481 | |
| 2022 | 3,187,212,546.91 | |
| 2021 | 3,237,622,694.692 | |
| 2020 | 2,885,166,838.068 | |
| 2019 | 2,906,732,747.108 | |
| 2018 | 2,831,192,190.693 | |
| 2017 | 2,655,305,787.933 | |
| 2016 | 2,510,562,682.513 | |
| 2015 | 2,292,540,607.354 | |
| 2014 | 2,583,872,653.505 | |
| 2013 | 2,390,216,213.059 | |
| 2012 | 2,131,264,764.843 | |
| 2011 | 2,197,584,821.089 | |
| 2010 | 2,034,574,574.486 | |
| 2009 | 1,999,135,587.583 | |
| 2008 | 2,139,313,407.207 | |
| 2007 | 1,993,331,375.107 | |
| 2006 | 1,735,275,808.177 | |
| 2005 | 1,519,715,987.067 | |
| 2004 | 1,492,825,055.746 | |
| 2003 | 1,291,988,840.369 | |
| 2002 | 1,106,373,201.106 | |
| 2001 | 1,013,635,167.035 | |
| 2000 | 924,689,699.948 | |
| 1999 | 975,511,163.607 | |
| 1998 | 955,971,553.959 |
Source
Published by World Bank, produced by National statistical offices, Central banks, World Bank. Licence: CC BY 4.0. Retrieved 2026-11-05.
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Cite or download
World Bank (2026). Gross value added at basic prices (GVA) (current US$). Interva. https://interva.co/dataset/worldbank-gross-value-added-at-basic-prices (accessed 2026-11-07). catalog snapshot 2026-11-05.
Gross value added at basic prices (GVA) (current US$) in other countries
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