World Bank · Economy

Faroe Islands: Manufacturing, value added (current US$)

383.50Mcurrent USD · 2024+44.9% since 2014

Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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 indicator is expressed in United States dollars. Annual figures for Faroe Islands from 1998 to 2024.

19982024

Every year

YearValue (current USD)Note
2024383,495,123.157
2023449,482,392.227
2022364,845,194.135
2021395,157,517.83
2020353,797,955.168
2019340,118,153.724
2018286,778,980.648
2017275,212,698.434
2016232,897,456.489
2015239,926,027.515
2014264,732,068.803
2013207,200,027.349
2012200,846,753.616
2011199,880,343.74
2010191,160,324.142
2009197,803,825.389
2008220,904,484.408
2007209,177,542.999
2006180,248,867.538
2005161,199,684.504
2004165,730,354.427
2003158,417,092.044
2002143,703,749.116
2001130,640,863.544
2000112,369,642.307
1999122,257,835.166
1998111,583,241.889

Source

Published by World Bank, produced by National statistical offices, Central banks, World Bank. Licence: CC BY 4.0. Retrieved 2026-11-05.

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Cite or download

World Bank (2026). Manufacturing, value added (current US$). Interva. https://interva.co/dataset/worldbank-manufacturing-value-added (accessed 2026-11-07). catalog snapshot 2026-11-05.

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Faroe Islands: Manufacturing, value added (current US$) (1998–2024) · Interva