Bahamas vs Faroe Islands: Gross value added at basic prices (GVA) (current US$), annual growth

Bahamas
1.97 % change on previous year
in 2024
Faroe Islands
1.6 % change on previous year
in 2024
Bahamas rank
180th
Faroe Islands rank
182nd

Gross value added at basic prices (GVA) (current US$), annual growth over time

  • Bahamas
  • Faroe Islands
-250255075100198020022024

How they compare

Bahamas currently reports 1.97 % change on previous year against 1.6 % change on previous year in Faroe Islands, a difference of 0.37 % change on previous year.

That makes Bahamas's figure about 1.2 times Faroe Islands's.

The two have swapped places 14 times across 26 shared years of data; in 1999 it was Bahamas ahead.

Bahamas ranks 180th and Faroe Islands ranks 182nd of 205 countries.

Across the 4 decades both report, Bahamas averaged higher in 2 and Faroe Islands in 2.

Head to head by decade

Decade Bahamas Faroe Islands Difference Ahead
1990s 14.94 % change on previous year 2.04 % change on previous year 12.9 % change on previous year Bahamas
2000s 2.75 % change on previous year 7.75 % change on previous year 5 % change on previous year Faroe Islands
2010s 2.3 % change on previous year 4.03 % change on previous year 1.73 % change on previous year Faroe Islands
2020s 4.44 % change on previous year 4.38 % change on previous year 0.0576 % change on previous year Bahamas

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross value added at basic prices (gva) (current us$), annual growth, Bahamas or Faroe Islands?
Bahamas, at 1.97 % change on previous year against 1.6 % change on previous year in Faroe Islands as of 2024.
What is the difference in gross value added at basic prices (gva) (current us$), annual growth between Bahamas and Faroe Islands?
0.37 % change on previous year, with Bahamas ahead.
How many years of comparable data are there for Bahamas and Faroe Islands?
26 years are reported by both, from 1999 to 2024.
How do Bahamas and Faroe Islands rank globally for gross value added at basic prices (gva) (current us$), annual growth?
Bahamas ranks 180th and Faroe Islands ranks 182nd of 205 countries.
Where does this data come from?
Statizoid (derived), published as Gross value added at basic prices (GVA) (current US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Bahamas vs Faroe Islands: Gross value added at basic prices (GVA) (current US$), annual growth. Statizoid, drawing on Statizoid (derived). Retrieved 01 September 2026, from https://economy.statizoid.com/compare/gross-value-added-at-basic-prices-gva-current-us-annual-growth-rate/bahamas-the/faroe-islands/

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About this data

Indicator
Gross value added at basic prices (GVA) (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
244 places, 10,675 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross value added at basic prices (GVA) (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.