Faroe Islands Industry Value Added
Industry (including construction) value added as % of GDP NV.IND.TOTL.ZS
Overview
Faroe Islands's industry value added stood at 17.77% in 2025, a decline of +0.53% from 2024. Based on recent trends, this figure is projected to reach 17.77% by 2025. Faroe Islands ranked 143rd globally.
Data & projection
| Year | Industry Value Added | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 16.78% | - | - |
| 2026* trend | 17.27% | - | - |
| 2025* trend | 17.77% | - | - |
| 2025 | 17.77% | −0.53% | #143 |
| 2024 | 18.30% | −1.53% | #46 |
| 2023 | 19.83% | +2.10% | #61 |
| 2022 | 17.73% | −1.66% | #53 |
| 2021 | 19.39% | −1.60% | #68 |
| 2020 | 20.99% | +1.88% | #83 |
| 2019 | 19.11% | +1.23% | #66 |
| 2018 | 17.89% | +0.58% | #56 |
| 2017 | 17.31% | +1.71% | #54 |
| 2016 | 15.60% | −0.88% | #41 |
| 2015 | 16.49% | +0.82% | #48 |
| 2014 | 15.67% | +1.85% | #41 |
| 2013 | 13.81% | −0.38% | #29 |
| 2012 | 14.19% | −0.11% | #34 |
| 2011 | 14.30% | +0.07% | #33 |
Analysis
Faroe Islands's industry value added was 17.77% in 2025, a decline of −0.53% from 2024. Based on trends, estimated 17.77% by 2025.
Frequently Asked Questions
Faroe Islands's industry value added was 17.77% in 2025. Ranked 143rd globally. This represents a 2.9% decrease from the previous year.
Faroe Islands's industry value added peaked at 20.99% in 2020.
The lowest industry value added in Faroe Islands was 13.81% in 2013.
Faroe Islands ranks 143rd globally in industry value added as of 2025.
The World Bank indicator code is NV.IND.TOTL.ZS. Data sourced from World Bank.
Faroe Islands's industry value added is projected to reach 17.77% by 2025 based on trend extrapolation.
The industry value added of Faroe Islands in 2025 was 17.77%. This ranks 143rd in the world.
Cite this page
@misc{historysaid_faroe-islands_industry-value-added,
title = {Faroe Islands Industry Value Added},
url = {https://historysaid.com/faroe-islands/industry-value-added},
publisher = {HistorySaid},
year = {2026}
}