World Bank · Economy

Faroe Islands: Industry (including construction), value added (current LCU)

5.11Bcurrent LCU · 2024+99.6% since 2014

Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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. Annual figures for Faroe Islands from 1998 to 2024.

19982024

Every year

YearValue (current LCU)Note
20245,113,500,000
20235,386,700,000
20224,536,000,000
20214,509,700,000
20204,492,600,000
20194,163,900,000
20183,601,700,000
20173,405,400,000
20162,954,500,000
20152,854,800,000
20142,562,500,000
20132,087,000,000
20121,995,600,000
20111,924,100,000
20101,866,900,000
20091,964,900,000
20082,199,000,000
20072,147,800,000
20062,032,800,000
20051,819,100,000
20041,872,300,000
20031,861,900,000
20021,949,900,000
20011,797,800,000
20001,538,700,000
19991,435,600,000
19981,269,300,000

Source

Published by World Bank, produced by National statistical offices, Central banks, World Bank. Licence: CC BY 4.0. Retrieved 2026-11-07.

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Cite or download

World Bank (2026). Industry (including construction), value added (current LCU). Interva. https://interva.co/dataset/worldbank-industry-including-construction-value-added-cn (accessed 2026-11-07). catalog snapshot 2026-11-07.

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Faroe Islands: Industry (including construction), value added (current LCU) (1998–2024) · Interva