World Bank · Economy

Faroe Islands: Industry (including construction), value added (% of GDP)

18.30percent · 2024+16.8% 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period. Annual figures for Faroe Islands from 1998 to 2024.

19982024

Every year

YearValue (percent)Note
202418.3
202319.828
202217.731
202119.389
202020.989
201919.113
201817.888
201717.306
201615.601
201516.486
201415.668
201313.813
201214.194
201114.303
201014.236
200915.963
200817.324
200716.868
200616.942
200517.238
200418.119
200318.818
200219.37
200118.617
200017.839
199918.248
199817.146

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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World Bank (2026). Industry (including construction), value added (% of GDP). Interva. https://interva.co/dataset/worldbank-industry-including-construction-value-added-zs (accessed 2026-11-08). catalog snapshot 2026-11-07.

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Faroe Islands: Industry (including construction), value added (% of GDP) (1998–2024) · Interva