Industry share of GDP in the Faroe Islands in 2024 — 18.3%. Ranked 133 in the world out of 189. Since 1998, the indicator has risen by 1.2 pp.
1998–2024 · % of GDP
How the value compares with the world and the groups this territory belongs to: Faroe Islands
| Year | % | Change, pp |
|---|---|---|
| 2024 | 18.3 | −1.5 pp |
| 2023 | 19.8 | +2.1 pp |
| 2022 | 17.7 | −1.7 pp |
| 2021 | 19.4 | −1.6 pp |
| 2020 | 21 | +1.9 pp |
| 2019 | 19.1 | +1.2 pp |
| 2018 | 17.9 | +0.6 pp |
| 2017 | 17.3 | +1.7 pp |
| 2016 | 15.6 | −0.9 pp |
| 2015 | 16.5 | +0.8 pp |
| 2014 | 15.7 | +1.9 pp |
| 2013 | 13.8 | −0.4 pp |
| 2012 | 14.2 | −0.1 pp |
| 2011 | 14.3 | +0.1 pp |
| 2010 | 14.2 | −1.7 pp |
| 2009 | 16 | −1.4 pp |
| 2008 | 17.3 | +0.5 pp |
| 2007 | 16.9 | −0.1 pp |
| 2006 | 16.9 | −0.3 pp |
| 2005 | 17.2 | −0.9 pp |
| 2004 | 18.1 | −0.7 pp |
| 2003 | 18.8 | −0.6 pp |
| 2002 | 19.4 | +0.8 pp |
| 2001 | 18.6 | +0.8 pp |
| 2000 | 17.8 | −0.4 pp |
| 1999 | 18.2 | +1.1 pp |
| 1998 | 17.1 | — |
The same indicator for neighboring countries — with links to their pages
The share of industrial value added — mining, manufacturing, electricity, water supply and construction — in GDP. The classification follows the ISIC divisions. A high share can mean either a developed manufacturing sector or dependence on resource extraction, so the indicator should be read alongside the share of manufacturing.
Source: World Development Indicators (World Bank), license CC BY 4.0.
How much a country's industry creates in money terms — all of it, including mining, construction and utilities.
Economy Manufacturing share of GDPThe contribution of manufacturing alone — without mining, utilities or construction.
Economy Services share of GDPThe contribution of trade, transport, finance, IT and public administration to value added.
