Faroe Islands vs Malta: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Faroe Islands
- Malta
How they compare
Faroe Islands currently reports 24.64 billion current LCU against 22.58 billion current LCU in Malta, a difference of 2.06 billion current LCU.
That makes Faroe Islands's figure about 1.1 times Malta's.
Across all 27 years both countries report, Faroe Islands has been ahead every year.
Faroe Islands ranks 165th and Malta ranks 166th of 206 countries.
Faroe Islands has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Faroe Islands | Malta | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 6.61 billion current LCU | 3.36 billion current LCU | 3.25 billion current LCU | Faroe Islands |
| 2000s | 9.40 billion current LCU | 4.51 billion current LCU | 4.89 billion current LCU | Faroe Islands |
| 2010s | 15.06 billion current LCU | 8.92 billion current LCU | 6.14 billion current LCU | Faroe Islands |
| 2020s | 22.13 billion current LCU | 17.21 billion current LCU | 4.93 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), Faroe Islands or Malta?
- Faroe Islands, at 24.64 billion current LCU against 22.58 billion current LCU in Malta as of 2024.
- What is the difference in gross value added at basic prices (gva) between Faroe Islands and Malta?
- 2.06 billion current LCU, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Malta?
- 27 years are reported by both, from 1998 to 2024.
- How do Faroe Islands and Malta rank globally for gross value added at basic prices (gva)?
- Faroe Islands ranks 165th and Malta ranks 166th 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.