Faroe Islands vs Thailand: Gross value added at basic prices (GVA) (current LCU), annual growth
Faroe Islands
1.67 % change on previous year
in 2024
Thailand
1.55 % change on previous year
in 2025
Faroe Islands rank
185th
Thailand rank
187th
Gross value added at basic prices (GVA) (current LCU), annual growth over time
- Faroe Islands
- Thailand
How they compare
Faroe Islands currently reports 1.67 % change on previous year against 1.55 % change on previous year in Thailand, a difference of 0.12 % change on previous year.
That makes Faroe Islands's figure about 1.1 times Thailand's.
The two have swapped places 7 times across 26 shared years of data; in 1999 it was Faroe Islands ahead.
Faroe Islands ranks 185th and Thailand ranks 187th of 205 countries.
Across the 4 decades both report, Faroe Islands averaged higher in 3 and Thailand in 1.
Head to head by decade
| Decade | Faroe Islands | Thailand | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 6.24 % change on previous year | 1.88 % change on previous year | 4.36 % change on previous year | Faroe Islands |
| 2000s | 4.78 % change on previous year | 7.31 % change on previous year | 2.53 % change on previous year | Thailand |
| 2010s | 6.14 % change on previous year | 5.78 % change on previous year | 0.354 % change on previous year | Faroe Islands |
| 2020s | 5.03 % change on previous year | 2.17 % change on previous year | 2.86 % change on previous year | Faroe Islands |
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, Faroe Islands or Thailand?
- Faroe Islands, at 1.67 % change on previous year against 1.55 % change on previous year in Thailand as of 2024.
- What is the difference in gross value added at basic prices (gva) (current lcu), annual growth between Faroe Islands and Thailand?
- 0.12 % change on previous year, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Thailand?
- 26 years are reported by both, from 1999 to 2024.
- How do Faroe Islands and Thailand rank globally for gross value added at basic prices (gva) (current lcu), annual growth?
- Faroe Islands ranks 185th and Thailand ranks 187th 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.
Individual pages
About this data
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.