Aruba vs Faroe Islands: Gross value added at basic prices (GVA) (current US$)
Gross value added at basic prices (GVA) (current US$) over time
- Aruba
- Faroe Islands
How they compare
Faroe Islands currently reports 3.57 billion current US$ against 3.27 billion current US$ in Aruba, a difference of 308.99 million current US$.
That makes Faroe Islands's figure about 1.1 times Aruba's.
The two have swapped places 3 times across 26 shared years of data; in 1998 it was Aruba ahead.
Aruba ranks 172nd and Faroe Islands ranks 171st of 207 countries.
Across the 4 decades both report, Aruba averaged higher in 3 and Faroe Islands in 1.
Head to head by decade
| Decade | Aruba | Faroe Islands | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.56 billion current US$ | 965.74 million current US$ | 597.47 million current US$ | Aruba |
| 2000s | 2.09 billion current US$ | 1.52 billion current US$ | 567.77 million current US$ | Aruba |
| 2010s | 2.62 billion current US$ | 2.45 billion current US$ | 166.57 million current US$ | Aruba |
| 2020s | 2.75 billion current US$ | 3.21 billion current US$ | 453.52 million current US$ | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), Aruba or Faroe Islands?
- Faroe Islands, at 3.57 billion current US$ against 3.27 billion current US$ in Aruba as of 2024.
- What is the difference in gross value added at basic prices (gva) between Aruba and Faroe Islands?
- 308.99 million current US$, with Faroe Islands ahead.
- How many years of comparable data are there for Aruba and Faroe Islands?
- 26 years are reported by both, from 1998 to 2023.
- How do Aruba and Faroe Islands rank globally for gross value added at basic prices (gva)?
- Aruba ranks 172nd and Faroe Islands ranks 171st of 207 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross value added at basic prices (GVA) (current US$). 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 indicator is expressed in United States dollars.