Faroe Islands vs United States Virgin Islands: GDP
GDP over time
- Faroe Islands
- United States Virgin Islands
How they compare
United States Virgin Islands currently reports 3.90 billion constant 2015 US$ against 3.24 billion constant 2015 US$ in Faroe Islands, a difference of 658.26 million constant 2015 US$.
That makes United States Virgin Islands's figure about 1.2 times Faroe Islands's.
Across all 15 years both countries report, United States Virgin Islands has been ahead every year.
Globally, Faroe Islands ranks 176th and United States Virgin Islands ranks 173rd of 211 countries.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.