Azerbaijan vs Faroe Islands: Gross value added at basic prices (GVA) (current LCU), annual growth

Azerbaijan
2.26 % change on previous year
in 2025
Faroe Islands
1.67 % change on previous year
in 2024
Azerbaijan rank
182nd
Faroe Islands rank
185th

Gross value added at basic prices (GVA) (current LCU), annual growth over time

  • Azerbaijan
  • Faroe Islands
0200400600800199120082025

How they compare

Azerbaijan currently reports 2.26 % change on previous year against 1.67 % change on previous year in Faroe Islands, a difference of 0.59 % change on previous year.

That makes Azerbaijan's figure about 1.4 times Faroe Islands's.

The two have swapped places 10 times across 26 shared years of data; in 1999 it was Azerbaijan ahead.

Azerbaijan ranks 182nd and Faroe Islands ranks 185th of 205 countries.

Azerbaijan has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Azerbaijan Faroe Islands Difference Ahead
1990s 9.91 % change on previous year 6.24 % change on previous year 3.67 % change on previous year Azerbaijan
2000s 26.26 % change on previous year 4.78 % change on previous year 21.48 % change on previous year Azerbaijan
2010s 9.01 % change on previous year 6.14 % change on previous year 2.87 % change on previous year Azerbaijan
2020s 11.1 % change on previous year 5.03 % change on previous year 6.07 % change on previous year Azerbaijan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross value added at basic prices (gva) (current lcu), annual growth, Azerbaijan or Faroe Islands?
Azerbaijan, at 2.26 % change on previous year against 1.67 % change on previous year in Faroe Islands as of 2025.
What is the difference in gross value added at basic prices (gva) (current lcu), annual growth between Azerbaijan and Faroe Islands?
0.59 % change on previous year, with Azerbaijan ahead.
How many years of comparable data are there for Azerbaijan and Faroe Islands?
26 years are reported by both, from 1999 to 2024.
How do Azerbaijan and Faroe Islands rank globally for gross value added at basic prices (gva) (current lcu), annual growth?
Azerbaijan ranks 182nd and Faroe Islands ranks 185th of 205 countries.
Where does this data come from?
Statizoid (derived), published as Gross value added at basic prices (GVA) (current LCU), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Azerbaijan vs Faroe Islands: Gross value added at basic prices (GVA) (current LCU), annual growth. Statizoid, drawing on Statizoid (derived). Retrieved 31 August 2026, from https://economy.statizoid.com/compare/gross-value-added-at-basic-prices-gva-current-lcu-annual-growth-rate/azerbaijan/faroe-islands/

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<a href="https://economy.statizoid.com/compare/gross-value-added-at-basic-prices-gva-current-lcu-annual-growth-rate/azerbaijan/faroe-islands/">Azerbaijan vs Faroe Islands: Gross value added at basic prices (GVA) (current LCU), annual growth</a> — Statizoid

About this data

Indicator
Gross value added at basic prices (GVA) (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
206 places, 8,871 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross value added at basic prices (GVA) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.