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

Faroe Islands
1.6 % change on previous year
in 2024
Isle of Man
1.97 % change on previous year
in 2023
Faroe Islands rank
182nd
Isle of Man rank
179th

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

  • Faroe Islands
  • Isle of Man
-1001020199920112024

How they compare

Isle of Man 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 Isle of Man's figure about 1.2 times Faroe Islands's.

The two have swapped places 6 times across 11 shared years of data; in 2013 it was Faroe Islands ahead.

Faroe Islands ranks 182nd and Isle of Man ranks 179th of 205 countries.

Faroe Islands has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Faroe Islands Isle of Man Difference Ahead
2010s 4.79 % change on previous year 1.41 % change on previous year 3.38 % change on previous year Faroe Islands
2020s 5.07 % change on previous year 1.44 % change on previous year 3.64 % change on previous year Faroe Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross value added at basic prices (gva) (current us$), annual growth, Faroe Islands or Isle of Man?
Isle of Man, at 1.97 % change on previous year against 1.6 % change on previous year in Faroe Islands as of 2023.
What is the difference in gross value added at basic prices (gva) (current us$), annual growth between Faroe Islands and Isle of Man?
0.37 % change on previous year, with Isle of Man ahead.
How many years of comparable data are there for Faroe Islands and Isle of Man?
11 years are reported by both, from 2013 to 2023.
How do Faroe Islands and Isle of Man rank globally for gross value added at basic prices (gva) (current us$), annual growth?
Faroe Islands ranks 182nd and Isle of Man ranks 179th of 205 countries.
Where does this data come from?
Statizoid (derived), published as Gross value added at basic prices (GVA) (current US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs Isle of Man: Gross value added at basic prices (GVA) (current US$), annual growth. Statizoid, drawing on Statizoid (derived). Retrieved 06 September 2026, from https://economy.statizoid.com/compare/gross-value-added-at-basic-prices-gva-current-us-annual-growth-rate/faroe-islands/isle-of-man/

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<a href="https://economy.statizoid.com/compare/gross-value-added-at-basic-prices-gva-current-us-annual-growth-rate/faroe-islands/isle-of-man/">Faroe Islands vs Isle of Man: Gross value added at basic prices (GVA) (current US$), annual growth</a> — Statizoid

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.