Eritrea vs Faroe Islands: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Eritrea
- Faroe Islands
How they compare
Eritrea currently reports 27.75 billion current LCU against 24.64 billion current LCU in Faroe Islands, a difference of 3.11 billion current LCU.
That makes Eritrea's figure about 1.1 times Faroe Islands's.
The two have swapped places 1 time across 12 shared years of data; in 1998 it was Faroe Islands ahead.
Eritrea ranks 164th and Faroe Islands ranks 165th of 206 countries.
Across the 2 decades both report, Eritrea averaged higher in 1 and Faroe Islands in 1.
Head to head by decade
| Decade | Eritrea | Faroe Islands | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 5.08 billion current LCU | 6.61 billion current LCU | 1.53 billion current LCU | Faroe Islands |
| 2000s | 14.96 billion current LCU | 9.40 billion current LCU | 5.56 billion current LCU | Eritrea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), Eritrea or Faroe Islands?
- Eritrea, at 27.75 billion current LCU against 24.64 billion current LCU in Faroe Islands as of 2009.
- What is the difference in gross value added at basic prices (gva) between Eritrea and Faroe Islands?
- 3.11 billion current LCU, with Eritrea ahead.
- How many years of comparable data are there for Eritrea and Faroe Islands?
- 12 years are reported by both, from 1998 to 2009.
- How do Eritrea and Faroe Islands rank globally for gross value added at basic prices (gva)?
- Eritrea ranks 164th 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.
Individual pages
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.