Brunei Darussalam vs Faroe Islands: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Brunei Darussalam
- Faroe Islands
How they compare
Faroe Islands currently reports 24.64 billion current LCU against 19.94 billion current LCU in Brunei Darussalam, a difference of 4.71 billion current LCU.
That makes Faroe Islands's figure about 1.2 times Brunei Darussalam's.
The two have swapped places 5 times across 27 shared years of data; in 1998 it was Brunei Darussalam ahead.
Brunei Darussalam ranks 168th and Faroe Islands ranks 165th of 206 countries.
Across the 4 decades both report, Brunei Darussalam averaged higher in 3 and Faroe Islands in 1.
Head to head by decade
| Decade | Brunei Darussalam | Faroe Islands | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 10.18 billion current LCU | 6.61 billion current LCU | 3.57 billion current LCU | Brunei Darussalam |
| 2000s | 16.14 billion current LCU | 9.40 billion current LCU | 6.74 billion current LCU | Brunei Darussalam |
| 2010s | 20.04 billion current LCU | 15.06 billion current LCU | 4.97 billion current LCU | Brunei Darussalam |
| 2020s | 20.17 billion current LCU | 22.13 billion current LCU | 1.97 billion current LCU | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), Brunei Darussalam or Faroe Islands?
- Faroe Islands, at 24.64 billion current LCU against 19.94 billion current LCU in Brunei Darussalam as of 2024.
- What is the difference in gross value added at basic prices (gva) between Brunei Darussalam and Faroe Islands?
- 4.71 billion current LCU, with Faroe Islands ahead.
- How many years of comparable data are there for Brunei Darussalam and Faroe Islands?
- 27 years are reported by both, from 1998 to 2024.
- How do Brunei Darussalam and Faroe Islands rank globally for gross value added at basic prices (gva)?
- Brunei Darussalam ranks 168th and Faroe Islands ranks 165th of 206 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross value added at basic prices (GVA) (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.