Faroe Islands FO: GDP: USD: Gross Value Added at Basic Price

Faroe Islands FO: GDP: USD: Gross Value Added at Basic Price data was reported at 3.574 USD bn in 2024. This records an increase from the previous number of 3.518 USD bn for 2023. Faroe Islands FO: GDP: USD: Gross Value Added at Basic Price data is updated yearly, averaging 2.198 USD bn from Dec 1998 (Median) to 2024, with 27 observations. The data reached an all-time high of 3.574 USD bn in 2024 and a record low of 924.690 USD mn in 2000. Faroe Islands FO: GDP: USD: Gross Value Added at Basic Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Faroe Islands – Table FO.World Bank.WDI: Gross Domestic Product: Nominal. 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.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Gap-filled total;

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What was Faroe Islands's Faroe Islands FO: GDP: USD: Gross Value Added at Basic Price in 2024?

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