Faroe Islands Manufacturing Output 1998-2023

Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.
  • Faroe Islands manufacturing output for 2021 was $0.26B, a 16.37% increase from 2020.
  • Faroe Islands manufacturing output for 2020 was $0.22B, a 2.58% increase from 2019.
  • Faroe Islands manufacturing output for 2019 was $0.22B, a 22.1% increase from 2018.
  • Faroe Islands manufacturing output for 2018 was $0.18B, a 2.62% decline from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
United States $2,497.13B
Germany $803.21B
South Korea $461.10B
Italy $314.10B
United Kingdom $274.87B
France $262.64B
Ireland $174.52B
Spain $164.65B
Switzerland $144.04B
Poland $113.61B
Netherlands $109.67B
Saudi Arabia $108.82B
Australia $86.15B
Singapore $83.66B
Sweden $80.59B
Austria $79.48B
Argentina $75.42B
Belgium $73.19B
Czech Republic $59.40B
Puerto Rico $51.27B
Israel $49.66B
Denmark $47.62B
Finland $43.64B
UAE $43.03B
Portugal $31.52B
Hungary $30.83B
Chile $27.45B
Norway $26.49B
Slovak Republic $23.00B
Greece $18.58B
Qatar $15.75B
Slovenia $12.37B
Lithuania $10.71B
Oman $8.05B
Croatia $7.86B
Bahrain $7.82B
Uruguay $6.32B
Latvia $4.77B
Trinidad and Tobago $4.76B
Estonia $4.73B
Luxembourg $4.15B
Panama $3.44B
Hong Kong $3.39B
Brunei $2.59B
Iceland $2.35B
Cyprus $1.62B
Malta $1.24B
Faroe Islands $0.26B
Macao $0.26B
Barbados $0.24B
Bahamas $0.19B
Curacao $0.11B
Seychelles $0.08B
St. Kitts and Nevis $0.04B
Antigua and Barbuda $0.03B
Bermuda $0.03B
Turks and Caicos Islands $0.01B
Palau $0.00B
Faroe Islands Manufacturing Output - Historical Data
Year Billions of US $ % of GDP
2021 $0.26B 7.15%
2020 $0.22B 6.90%
2019 $0.22B 6.68%
2018 $0.18B 5.62%
2017 $0.18B 6.17%
2016 $0.15B 5.32%
2015 $0.16B 6.38%
2014 $0.18B 6.07%
2013 $0.13B 4.92%
2012 $0.13B 5.44%
2011 $0.13B 5.27%
2010 $0.13B 5.39%
2009 $0.13B 5.46%
2008 $0.13B 5.08%
2007 $0.12B 5.09%
2006 $0.11B 5.42%
2005 $0.10B 5.67%
2004 $0.11B 6.35%
2003 $0.10B 6.80%
2002 $0.09B 7.35%
2001 $0.09B 7.65%
2000 $0.07B 6.58%
1999 $0.08B 7.26%
1998 $0.08B 6.94%