Denmark vs Faroe Islands: Gross value added at basic prices (GVA) (current LCU), per unit of GDP

Denmark
5.87 current LCU per US$ of GDP
in 2025
Faroe Islands
6.08 current LCU per US$ of GDP
in 2024
Denmark rank
116th
Faroe Islands rank
115th

Gross value added at basic prices (GVA) (current LCU), per unit of GDP over time

  • Denmark
  • Faroe Islands
0246810196619952025

How they compare

Faroe Islands currently reports 6.08 current LCU per US$ of GDP against 5.87 current LCU per US$ of GDP in Denmark, a difference of 0.21 current LCU per US$ of GDP.

The two have swapped places 3 times across 27 shared years of data; in 1998 it was Faroe Islands ahead.

Denmark ranks 116th and Faroe Islands ranks 115th of 205 countries.

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

Head to head by decade

Decade Denmark Faroe Islands Difference Ahead
1990s 5.83 current LCU per US$ of GDP 5.92 current LCU per US$ of GDP 0.0852 current LCU per US$ of GDP Faroe Islands
2000s 5.55 current LCU per US$ of GDP 5.6 current LCU per US$ of GDP 0.0457 current LCU per US$ of GDP Faroe Islands
2010s 5.29 current LCU per US$ of GDP 5.41 current LCU per US$ of GDP 0.1177 current LCU per US$ of GDP Faroe Islands
2020s 5.92 current LCU per US$ of GDP 5.95 current LCU per US$ of GDP 0.0261 current LCU per US$ of GDP 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), per unit of gdp, Denmark or Faroe Islands?
Faroe Islands, at 6.08 current LCU per US$ of GDP against 5.87 current LCU per US$ of GDP in Denmark as of 2024.
What is the difference in gross value added at basic prices (gva) (current lcu), per unit of gdp between Denmark and Faroe Islands?
0.21 current LCU per US$ of GDP, with Faroe Islands ahead.
How many years of comparable data are there for Denmark and Faroe Islands?
27 years are reported by both, from 1998 to 2024.
How do Denmark and Faroe Islands rank globally for gross value added at basic prices (gva) (current lcu), per unit of gdp?
Denmark ranks 116th and Faroe Islands ranks 115th of 205 countries.
Where does this data come from?
Statizoid (derived), published as Gross value added at basic prices (GVA) (current LCU), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Denmark vs Faroe Islands: Gross value added at basic prices (GVA) (current LCU), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 30 August 2026, from https://economy.statizoid.com/compare/gross-value-added-at-basic-prices-gva-current-lcu-per-unit-of-gdp/denmark/faroe-islands/

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About this data

Indicator
Gross value added at basic prices (GVA) (current LCU), per unit of GDP
Unit
current LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
206 places, 9,105 data points, 1960–2025
Last refreshed

Gross value added at basic prices (GVA) (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.