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Faroe Islands - Industry Value Added 2018

Name: Faroe Islands Industry Value Added 2018
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Industry (including construction) value added as % of GDP · World Bank

17.89% +0.58% from 2017 Global rank: 56th

Faroe Islands's industry value added was 17.89% in 2018, increased +0.58% from 17.31% in 2017. This was the 56th highest globally.

Global Ranking - 2018▾

Industry Value Added by Country - 2018
Rank	Country	Value	YoY
1st	Macao SAR, China	4.10%	-18.1%
2nd	Micronesia, Federated States of	4.87%	-10.4%
3rd	Bermuda	5.70%	3.5%
4th	Hong Kong SAR, China	6.48%	-10.2%
5th	Sint Maarten (Dutch part)	6.53%	-5.0%
6th	Cayman Islands	7.41%	3.1%
7th	Channel Islands	7.92%	-1.2%
8th	Isle of Man	8.02%	7.9%
9th	São Tomé and Principe	8.39%	-7.6%
10th	Comoros	8.88%	-2.9%
11th	Palau	8.97%	11.2%
12th	Turks and Caicos Islands	9.10%	1.0%
13th	St. Lucia	9.86%	-9.4%
14th	Vanuatu	10.10%	-0.7%
15th	French Polynesia	10.29%	-0.6%
16th	Luxembourg	10.97%	1.4%
17th	Andorra	11.08%	6.5%
18th	Kiribati	11.08%	-10.8%
19th	Aruba	11.36%	-8.4%
20th	Malta	11.52%	0.5%
21st	Samoa	11.72%	-11.1%
22nd	Seychelles	11.81%	0.3%
23rd	Cyprus	12.02%	6.0%
24th	Marshall Islands	12.20%	-6.3%
25th	Bahamas, The	12.26%	-5.1%
26th	Barbados	12.78%	-6.1%
27th	Maldives	13.05%	14.3%
28th	Monaco	13.15%	2.7%
29th	Nepal	13.20%	2.6%
30th	Afghanistan	13.39%	33.2%
31st	Grenada	13.43%	5.6%
32nd	Belize	13.67%	-3.0%
33rd	Greece	13.68%	1.0%
34th	Lebanon	13.81%	-7.5%
35th	Djibouti	13.99%	12.8%
36th	Curaçao	14.41%	-6.5%
37th	St. Vincent and the Grenadines	14.56%	-0.8%
38th	Cabo Verde	14.63%	16.9%
39th	Benin	14.64%	-3.1%
40th	Tonga	15.22%	-7.3%
41st	Fiji	15.54%	-1.0%
42nd	Montenegro	16.11%	8.6%
43rd	Guinea-Bissau	16.37%	39.8%
44th	Dominica	16.43%	41.0%
45th	Timor-Leste	16.50%	4.6%
46th	France	16.73%	-0.1%
47th	Liberia	16.92%	9.6%
48th	Gambia, The	17.31%	-3.3%
49th	Kenya	17.31%	-1.1%
50th	Netherlands	17.32%	1.2%
51st	Mauritius	17.34%	-1.1%
52nd	Rwanda	17.35%	0.4%
53rd	Sierra Leone	17.51%	-10.3%
54th	Solomon Islands	17.60%	0.0%
55th	Jamaica	17.88%	3.3%
56th	Faroe Islands	17.89%	3.4%
57th	Burundi	17.92%	5.5%
58th	United Kingdom	18.00%	1.0%
59th	Greenland	18.21%	7.1%
60th	Uruguay	18.33%	1.7%
61st	Malawi	18.39%	3.6%
62nd	Syrian Arab Republic	18.50%	7.5%
63rd	Pakistan	18.59%	2.7%
64th	United States	18.63%	1.1%
65th	Brazil	18.75%	3.1%
66th	Israel	18.82%	1.4%
67th	Belgium	18.96%	-1.0%
68th	Côte d'Ivoire	19.11%	-3.5%
69th	West Bank and Gaza	19.28%	0.3%
70th	Croatia	19.29%	-2.4%
71st	Latvia	19.35%	-2.2%
72nd	Portugal	19.38%	0.7%
73rd	Costa Rica	19.56%	1.3%
74th	Niger	19.70%	-6.5%
75th	Iceland	19.73%	1.3%
76th	Spain	19.74%	-0.8%
77th	New Zealand	20.38%	-0.7%
78th	Central African Republic	20.56%	-0.9%
79th	Denmark	20.58%	0.7%
80th	Antigua and Barbuda	20.65%	9.8%
81st	Sudan	20.78%	25.0%
82nd	Georgia	20.90%	-1.7%
83rd	Italy	20.99%	0.9%
84th	Togo	21.03%	3.1%
85th	Guatemala	21.43%	-2.2%
86th	Madagascar	21.48%	6.8%
87th	Moldova	22.15%	5.4%
88th	European Union	22.21%	0.1%
89th	Bulgaria	22.24%	-7.3%
90th	Sweden	22.27%	0.4%
91st	Mali	23.21%	4.7%
92nd	Estonia	23.29%	0.5%
93rd	Ukraine	23.29%	0.0%
94th	South Africa	23.54%	-0.3%
95th	Mauritania	23.64%	-0.5%
96th	Tunisia	23.69%	0.3%
97th	Bosnia and Herzegovina	23.71%	2.6%
98th	Argentina	23.72%	8.9%
99th	Albania	23.75%	3.5%
100th	Senegal	24.01%	3.2%
101st	North Macedonia	24.05%	-0.9%
102nd	Jordan	24.08%	-1.8%
103rd	Australia	24.11%	2.8%
104th	Finland	24.11%	-1.5%
105th	Haiti	24.14%	1.8%
106th	Switzerland	24.42%	0.9%
107th	St. Kitts and Nevis	24.55%	-6.6%
108th	Canada	24.62%	2.5%
109th	Cameroon	24.68%	1.7%
110th	Armenia	24.76%	-4.1%
111th	Cuba	24.88%	2.1%
112th	Hungary	24.97%	-0.8%
113th	Nicaragua	25.00%	0.7%
114th	El Salvador	25.08%	-0.4%
115th	Morocco	25.24%	-0.6%
116th	Mozambique	25.33%	7.3%
117th	Singapore	25.38%	8.0%
118th	Yemen, Republic of	25.44%	-1.9%
119th	Lithuania	25.58%	-0.6%
120th	Burkina Faso	25.59%	1.8%
121st	Austria	25.72%	-0.3%
122nd	Nigeria	25.73%	15.3%
123rd	Serbia	25.81%	-3.0%
124th	Germany	25.85%	-0.5%
125th	Uganda	26.24%	0.8%
126th	Guyana	26.26%	0.2%
127th	India	26.41%	-0.3%
128th	Honduras	26.59%	0.2%
129th	Namibia	26.87%	3.0%
130th	Colombia	26.90%	0.3%
131st	Dominican Republic	26.92%	4.4%
132nd	Tanzania	27.01%	7.8%
133rd	Kyrgyz Republic	27.48%	0.6%
134th	Chile	27.86%	1.8%
135th	Kosovo	27.91%	1.4%
136th	Ecuador	28.01%	-1.6%
137th	Slovenia	28.07%	0.1%
138th	Panama	28.33%	0.3%
139th	Slovak Republic	28.59%	1.8%
140th	Uzbekistan	28.64%	15.8%
141st	Poland	28.86%	0.2%
142nd	Chad	29.01%	9.6%
143rd	Japan	29.01%	0.5%
144th	Romania	29.11%	0.0%
145th	Türkiye	29.19%	0.5%
146th	Sri Lanka	30.06%	-3.4%
147th	Bolivia, Plurinational State of	30.39%	0.7%
148th	Philippines	30.56%	1.5%
149th	Zimbabwe	31.04%	-3.1%
150th	Lesotho	31.14%	9.0%
151st	Ghana	31.18%	4.1%
152nd	Czechia	31.24%	-3.1%
153rd	Belarus	31.27%	-0.9%
154th	Lao PDR	31.53%	2.0%
155th	Peru	31.62%	1.0%
156th	Bangladesh	31.98%	2.4%
157th	Mexico	32.04%	0.3%
158th	Russian Federation	32.55%	6.1%
159th	Norway	32.64%	7.1%
160th	Guinea	33.34%	5.3%
161st	Kazakhstan	33.50%	3.6%
162nd	Paraguay	33.56%	-2.4%
163rd	Eswatini	34.00%	-2.6%
164th	Tajikistan	34.40%	8.0%
165th	Zambia	34.49%	-7.6%
166th	Thailand	34.74%	-0.8%
167th	Botswana	34.80%	-6.2%
168th	Korea	34.98%	-1.8%
169th	Bhutan	35.27%	-9.7%
170th	Egypt, Arab Republic of	35.33%	2.7%
171st	Algeria	35.34%	5.6%
172nd	San Marino	36.22%	11.6%
173rd	Viet Nam	36.54%	3.3%
174th	Suriname	36.76%	-3.9%
175th	Ireland	36.85%	1.6%
176th	Cambodia	36.87%	7.5%
177th	Papua New Guinea	36.92%	1.6%
178th	Myanmar	36.96%	0.4%
179th	Iran, Islamic Republic of	37.15%	2.8%
180th	Trinidad and Tobago	37.77%	4.5%
181st	Mongolia	37.98%	1.5%
182nd	Congo, Democratic Republic of	38.22%	-2.7%
183rd	Malaysia	38.29%	0.5%
184th	China	38.98%	-0.4%
185th	Indonesia	39.73%	0.9%
186th	Angola	41.19%	11.0%
187th	Bahrain	41.48%	3.7%
188th	Liechtenstein	41.76%	-5.3%
189th	Turkmenistan	44.91%	-4.5%
190th	United Arab Emirates	45.74%	10.5%
191st	Gabon	47.13%	3.7%
192nd	Saudi Arabia	49.01%	9.2%
193rd	Libya	49.68%	27.4%
194th	Puerto Rico (US)	50.66%	0.8%
195th	Azerbaijan	52.25%	5.1%
196th	Oman	53.89%	8.7%
197th	Iraq	54.17%	5.5%
198th	Congo, Republic of	54.39%	18.3%
199th	Equatorial Guinea	57.30%	0.8%
200th	Kuwait	60.13%	8.1%
201st	Qatar	60.38%	6.5%
202nd	Brunei Darussalam	63.24%	5.9%

FAQ

What was Faroe Islands's industry value added in 2018?▾

Faroe Islands's industry value added in 2018 was 17.89%. This ranked 56th globally.

How did Faroe Islands's industry value added change in 2018?▾

Faroe Islands's industry value added increased by 3.4% in 2018 compared to 2017.

Which country had the highest industry value added in 2018?▾

Brunei Darussalam had the highest industry value added in 2018 at 63.24%.

What is the industry value added of Faroe Islands in 2018?▾

The industry value added of Faroe Islands in 2018 was 17.89%. This ranked 56th globally.

How does 2018 compare to 2017 for Faroe Islands's industry value added?▾

Faroe Islands's industry value added went from 17.31% in 2017 to 17.89% in 2018, a 3.4% increase.

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