Faroe Islands vs Trinidad and Tobago: 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
Trinidad and Tobago
6.39 current LCU per US$ of GDP
in 2024
Faroe Islands rank
115th
Trinidad and Tobago rank
114th

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

  • Faroe Islands
  • Trinidad and Tobago
2468196619952024

How they compare

Trinidad and Tobago currently reports 6.39 current LCU per US$ of GDP against 6.08 current LCU per US$ of GDP in Faroe Islands, a difference of 0.31 current LCU per US$ of GDP.

That makes Trinidad and Tobago's figure about 1.1 times Faroe Islands's.

The two have swapped places 2 times across 27 shared years of data; in 1998 it was Trinidad and Tobago ahead.

Faroe Islands ranks 115th and Trinidad and Tobago ranks 114th of 205 countries.

Trinidad and Tobago has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Faroe Islands Trinidad and Tobago Difference Ahead
1990s 5.92 current LCU per US$ of GDP 6.22 current LCU per US$ of GDP 0.3007 current LCU per US$ of GDP Trinidad and Tobago
2000s 5.6 current LCU per US$ of GDP 6.28 current LCU per US$ of GDP 0.6877 current LCU per US$ of GDP Trinidad and Tobago
2010s 5.41 current LCU per US$ of GDP 6.34 current LCU per US$ of GDP 0.9334 current LCU per US$ of GDP Trinidad and Tobago
2020s 5.95 current LCU per US$ of GDP 6.45 current LCU per US$ of GDP 0.5025 current LCU per US$ of GDP Trinidad and Tobago

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 Trinidad and Tobago?
Trinidad and Tobago, at 6.39 current LCU per US$ of GDP against 6.08 current LCU per US$ of GDP in Faroe Islands 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 Trinidad and Tobago?
0.31 current LCU per US$ of GDP, with Trinidad and Tobago ahead.
How many years of comparable data are there for Faroe Islands and Trinidad and Tobago?
27 years are reported by both, from 1998 to 2024.
How do Faroe Islands and Trinidad and Tobago rank globally for gross value added at basic prices (gva) (current lcu), per unit of gdp?
Faroe Islands ranks 115th and Trinidad and Tobago ranks 114th 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

Share, cite or embed this page

Cite this page

Faroe Islands vs Trinidad and Tobago: Gross value added at basic prices (GVA) (current LCU), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 12 September 2026, from https://economy.statizoid.com/compare/gross-value-added-at-basic-prices-gva-current-lcu-per-unit-of-gdp/faroe-islands/trinidad-and-tobago/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under Derived by Statizoid from the sources named on the page; please keep the attribution.

<a href="https://economy.statizoid.com/compare/gross-value-added-at-basic-prices-gva-current-lcu-per-unit-of-gdp/faroe-islands/trinidad-and-tobago/">Faroe Islands vs Trinidad and Tobago: Gross value added at basic prices (GVA) (current LCU), per unit of GDP</a> — Statizoid

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.