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World Bank · Economy

Faroe Islands: Manufacturing, value added (% of GDP)

9.46percent · 2024+4.2% 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 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
20249.462
202311.399
202210.092
202110.681
202010.814
201910.413
20188.994
20179.235
20168.279
20159.321
20149.085
20137.702
20128.275
20117.977
20108.198
20098.615
20088.872
20078.943
20068.933
20059.16
20049.609
200310.547
200211.27
200111.26
200010.53
199910.841
199810.1

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). Manufacturing, value added (% of GDP). Interva. https://interva.co/dataset/worldbank-manufacturing-value-added-zs (accessed 2026-11-08). catalog snapshot 2026-11-07.

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