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World Bank · Economy

Faroe Islands: Gross value added at basic prices (GVA) (current LCU)

24.64Bcurrent LCU · 2024+69.9% 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 series is expressed in local currency units. Reported as: GVA. Annual figures for Faroe Islands from 1998 to 2024.

19982024

Every year

YearValue (current LCU)Note
202424,643,600,000
202324,238,900,000
202222,553,200,000
202120,355,300,000
202018,875,200,000
201919,386,300,000
201817,877,900,000
201717,532,700,000
201616,900,400,000
201515,424,000,000
201414,501,900,000
201313,424,200,000
201212,345,300,000
201111,798,200,000
201011,442,600,000
200910,717,100,000
200810,906,500,000
200710,851,100,000
200610,319,300,000
20059,113,600,000
20048,943,600,000
20038,511,200,000
20028,734,500,000
20018,436,300,000
20007,474,400,000
19996,805,400,000
19986,405,800,000

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). Gross value added at basic prices (GVA) (current LCU). Interva. https://interva.co/dataset/worldbank-gross-value-added-at-basic-prices-cn (accessed 2026-11-07). catalog snapshot 2026-11-05.

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Faroe Islands: Gross value added at basic prices (GVA) (current LCU) (1998–2024) · Interva