Gross value added at basic prices (GVA) (current US$) in Faroe Islands was reported at 3167908208 USD in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Faroe Islands - Gross value added at factor cost - actual values, historical data, forecasts and projections were sourced from the World Bank on May of 2024.

Faroe Islands - Gross Value Added At Factor Cost
Gross value added at basic prices (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at basic prices is derived by subtracting net product taxes from GDP. Data are in current U.S. dollars.