Faroe Islands vs Libya: Gross value added at basic prices (GVA) (current LCU), per unit of GDP
Faroe Islands
6.08 current LCU per US$ of GDP
in 2024
Libya
5.39 current LCU per US$ of GDP
in 2025
Faroe Islands rank
115th
Libya rank
117th
Gross value added at basic prices (GVA) (current LCU), per unit of GDP over time
- Faroe Islands
- Libya
How they compare
Faroe Islands currently reports 6.08 current LCU per US$ of GDP against 5.39 current LCU per US$ of GDP in Libya, a difference of 0.69 current LCU per US$ of GDP.
That makes Faroe Islands's figure about 1.1 times Libya's.
Across all 23 years both countries report, Faroe Islands has been ahead every year.
Faroe Islands ranks 115th and Libya ranks 117th of 205 countries.
Faroe Islands has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Faroe Islands | Libya | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 5.21 current LCU per US$ of GDP | 1.36 current LCU per US$ of GDP | 3.86 current LCU per US$ of GDP | Faroe Islands |
| 2010s | 5.41 current LCU per US$ of GDP | 1.47 current LCU per US$ of GDP | 3.94 current LCU per US$ of GDP | Faroe Islands |
| 2020s | 5.95 current LCU per US$ of GDP | 4.31 current LCU per US$ of GDP | 1.63 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, Faroe Islands or Libya?
- Faroe Islands, at 6.08 current LCU per US$ of GDP against 5.39 current LCU per US$ of GDP in Libya as of 2024.
- What is the difference in gross value added at basic prices (gva) (current lcu), per unit of gdp between Faroe Islands and Libya?
- 0.69 current LCU per US$ of GDP, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Libya?
- 23 years are reported by both, from 2002 to 2024.
- How do Faroe Islands and Libya rank globally for gross value added at basic prices (gva) (current lcu), per unit of gdp?
- Faroe Islands ranks 115th and Libya ranks 117th 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.
Individual pages
About this data
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.