Eritrea vs Faroe Islands: Gross value added at basic prices (GVA)

Eritrea

27.75 billion current LCU

in 2009

Faroe Islands

24.64 billion current LCU

in 2024

Eritrea rank

164th

Faroe Islands rank

165th

Gross value added at basic prices (GVA) over time

Eritrea
Faroe Islands

How they compare

Eritrea currently reports 27.75 billion current LCU against 24.64 billion current LCU in Faroe Islands, a difference of 3.11 billion current LCU.

That makes Eritrea's figure about 1.1 times Faroe Islands's.

The two have swapped places 1 time across 12 shared years of data; in 1998 it was Faroe Islands ahead.

Globally, Eritrea ranks 164th and Faroe Islands ranks 165th of 206 countries.

Individual pages

About this data

Indicator: Gross value added at basic prices (GVA) (current LCU)
Unit: current LCU
Source: Country official statistics, National Statistical Organizations and/or Central Banks
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 206 places, 9,147 data points, 1960–2025
Last refreshed: 06 August 2026

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 series is expressed in local currency units.