Faroe Islands vs Malta: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Faroe Islands
- Malta
How they compare
Faroe Islands currently reports 24.64 billion current LCU against 22.58 billion current LCU in Malta, a difference of 2.06 billion current LCU.
That makes Faroe Islands's figure about 1.1 times Malta's.
Across all 27 years both countries report, Faroe Islands has been ahead every year.
Globally, Faroe Islands ranks 165th and Malta ranks 166th of 206 countries.
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 series is expressed in local currency units.