Bhutan vs Faroe Islands: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Bhutan
- Faroe Islands
How they compare
Faroe Islands currently reports 3.57 billion current US$ against 3.26 billion current US$ in Bhutan, a difference of 316.76 million current US$.
That makes Faroe Islands's figure about 1.1 times Bhutan's.
Across all 27 years both countries report, Faroe Islands has been ahead every year.
Bhutan ranks 173rd and Faroe Islands ranks 171st of 207 countries.
Faroe Islands has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Bhutan | Faroe Islands | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 367.56 million current US$ | 965.74 million current US$ | 598.18 million current US$ | Faroe Islands |
| 2000s | 825.74 million current US$ | 1.52 billion current US$ | 695.89 million current US$ | Faroe Islands |
| 2010s | 2.08 billion current US$ | 2.45 billion current US$ | 369.19 million current US$ | Faroe Islands |
| 2020s | 2.82 billion current US$ | 3.28 billion current US$ | 457.50 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), Bhutan or Faroe Islands?
- Faroe Islands, at 3.57 billion current US$ against 3.26 billion current US$ in Bhutan as of 2024.
- What is the difference in gross value added at basic prices (gva) between Bhutan and Faroe Islands?
- 316.76 million current US$, with Faroe Islands ahead.
- How many years of comparable data are there for Bhutan and Faroe Islands?
- 27 years are reported by both, from 1998 to 2024.
- How do Bhutan and Faroe Islands rank globally for gross value added at basic prices (gva)?
- Bhutan ranks 173rd and Faroe Islands ranks 171st of 207 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross value added at basic prices (GVA) (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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 indicator is expressed in United States dollars.