Manufacturing share of GDP in the Faroe Islands in 2024 — 9.5%. Ranked 103 in the world out of 178. Since 1998, the indicator has fallen by 0.6 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 | 9.5 | −1.9 pp |
| 2023 | 11.4 | +1.3 pp |
| 2022 | 10.1 | −0.6 pp |
| 2021 | 10.7 | −0.1 pp |
| 2020 | 10.8 | +0.4 pp |
| 2019 | 10.4 | +1.4 pp |
| 2018 | 9 | −0.2 pp |
| 2017 | 9.2 | +1 pp |
| 2016 | 8.3 | −1 pp |
| 2015 | 9.3 | +0.2 pp |
| 2014 | 9.1 | +1.4 pp |
| 2013 | 7.7 | −0.6 pp |
| 2012 | 8.3 | +0.3 pp |
| 2011 | 8 | −0.2 pp |
| 2010 | 8.2 | −0.4 pp |
| 2009 | 8.6 | −0.3 pp |
| 2008 | 8.9 | −0.1 pp |
| 2007 | 8.9 | +0 pp |
| 2006 | 8.9 | −0.2 pp |
| 2005 | 9.2 | −0.4 pp |
| 2004 | 9.6 | −0.9 pp |
| 2003 | 10.5 | −0.7 pp |
| 2002 | 11.3 | +0 pp |
| 2001 | 11.3 | +0.7 pp |
| 2000 | 10.5 | −0.3 pp |
| 1999 | 10.8 | +0.7 pp |
| 1998 | 10.1 | — |
The same indicator for neighboring countries — with links to their pages
The share of manufacturing value added in GDP. This is the cleanest indicator of an industrial base: unlike the share of industry as a whole it excludes mining and construction. A rising share usually accompanies industrialization, while its decline in advanced countries marks the shift to a service economy.
Source: World Development Indicators (World Bank), license CC BY 4.0.
How much a country's factories create — without mining, construction or utilities.
Economy Industry share of GDPThe contribution of industry and construction to the value added of the economy.
Trade High-technology exports (% of manufactured exports)What part of manufactured exports consists of high-technology products.
Economy GDPGross domestic product in current US dollars — the size of a country's economy.
Economy GDP per capitaGDP divided by the population, in current US dollars.
Economy GDP growthThe annual growth rate of GDP in constant prices — with inflation stripped out.
