Faroe Islands - Services Value Added 2004

Services value added as % of GDP · World Bank
56.55% +1.36% from 2003 Global rank: 113th

Faroe Islands's services value added was 56.55% in 2004, increased +1.36% from 55.20% in 2003. This was the 113th highest globally.

Global Ranking - 2004
Services Value Added by Country - 2004
RankCountryValueYoY
1st Sudan 19.61% -5.9%
2nd Guinea 26.92% -3.2%
3rd Liberia 27.18% 14.2%
4th Congo, Republic of 28.63% -12.1%
5th Ghana 28.68% -1.3%
6th Chad 28.69% -29.0%
7th Brunei Darussalam 30.53% -10.7%
8th Iraq 31.72% 45.5%
9th Azerbaijan 31.80% -0.4%
10th Burundi 33.98% 0.5%
11th Guyana 34.86% -1.5%
12th Yemen, Republic of 35.78% -1.5%
13th Gabon 36.28% -6.5%
14th Benin 36.90% -0.8%
15th Sierra Leone 37.14% -3.5%
16th Uzbekistan 37.18% -0.7%
17th Viet Nam 37.98% 0.0%
18th Solomon Islands 37.99% 1.9%
19th Turkmenistan 38.19% 5.5%
20th Côte d'Ivoire 38.37% 6.0%
21st Niger 38.38% 6.7%
22nd Saudi Arabia 38.52% -5.0%
23rd Tajikistan 39.33% 21.9%
24th Cambodia 39.44% 1.8%
25th Albania 39.56% 1.2%
26th Kyrgyz Republic 39.60% 4.9%
27th Angola 39.71% -2.7%
28th Congo, Democratic Republic of 40.17% -4.3%
29th Mongolia 40.23% -10.9%
30th Bhutan 40.89% 2.8%
31st Paraguay 41.01% 0.5%
32nd Indonesia 41.04% -0.1%
33rd Afghanistan 41.11% 9.8%
34th Algeria 41.32% -3.9%
35th Suriname 41.43% -3.7%
36th Belarus 41.82% -3.3%
37th China 42.04% -1.9%
38th Rwanda 42.46% -2.8%
39th Mauritania 42.85% -1.2%
40th Guinea-Bissau 43.02% 9.2%
41st Nigeria 43.36% 10.8%
42nd Lao PDR 44.06% 5.1%
43rd India 44.11% -1.3%
44th Malaysia 44.55% -4.6%
45th Trinidad and Tobago 44.69% -6.4%
46th Egypt, Arab Republic of 45.09% 0.4%
47th Tanzania 45.10% -2.0%
48th Romania 45.16% -0.2%
49th Nepal 45.17% 2.4%
50th Serbia 45.21% -4.7%
51st Morocco 45.66% 1.5%
52nd Oman 46.02% -1.5%
53rd Burkina Faso 46.48% 3.5%
54th Malawi 46.49% 1.1%
55th United Arab Emirates 46.66% -4.7%
56th Eswatini 46.70% 3.0%
57th Mozambique 46.78% -1.3%
58th Syrian Arab Republic 47.54% 1.0%
59th Argentina 47.84% -6.3%
60th Iran, Islamic Republic of 47.92% -1.7%
61st Botswana 47.95% -3.5%
62nd Cameroon 48.11% 4.8%
63rd Lesotho 48.70% -1.1%
64th Zambia 48.81% -1.8%
65th Bolivia, Plurinational State of 49.28% -3.9%
66th Puerto Rico (US) 49.53% -1.4%
67th Togo 49.64% 2.6%
68th Tonga 49.67% 1.5%
69th Zimbabwe 49.83% -33.0%
70th Moldova 49.88% 2.8%
71st Mali 50.11% 1.0%
72nd Madagascar 50.24% 0.7%
73rd Nicaragua 50.48% -3.0%
74th Russian Federation 50.66% -5.9%
75th Senegal 50.67% -0.2%
76th Gambia, The 51.06% -12.6%
77th Ukraine 51.22% 3.9%
78th Peru 51.39% -4.8%
79th Georgia 51.69% 0.5%
80th Uganda 52.03% 11.8%
81st Norway 52.08% -2.8%
82nd Philippines 52.40% 0.2%
83rd Bangladesh 52.81% 0.8%
84th Thailand 52.81% 0.3%
85th Fiji 52.90% -1.3%
86th Türkiye 53.09% -0.1%
87th Kazakhstan 53.38% 3.0%
88th Chile 53.65% -3.7%
89th Pakistan 53.66% -2.3%
90th Korea 53.69% -1.4%
91st Bulgaria 54.05% 0.4%
92nd Colombia 54.15% -1.4%
93rd North Macedonia 54.19% 3.5%
94th Hungary 54.36% -2.3%
95th Comoros 54.53% 0.0%
96th Czechia 54.71% -3.7%
97th Slovak Republic 54.88% -2.7%
98th Brazil 54.92% -2.6%
99th Guatemala 54.97% 0.2%
100th Slovenia 54.98% 0.1%
101st Dominican Republic 55.14% 0.0%
102nd Haiti 55.43% 0.6%
103rd Ecuador 55.57% -0.9%
104th Bosnia and Herzegovina 55.61% -0.3%
105th Ireland 55.61% 1.4%
106th Croatia 55.63% -1.2%
107th Tunisia 55.80% -0.2%
108th Finland 55.82% 1.1%
109th Poland 55.98% -3.4%
110th Honduras 56.03% 0.7%
111th Uruguay 56.27% -4.6%
112th Lithuania 56.41% -1.4%
113th Faroe Islands 56.55% 2.5%
114th Mauritius 56.74% 0.2%
115th Montenegro 56.90% 1.3%
116th Seychelles 57.09% 61.2%
117th Samoa 57.25% -3.5%
118th Costa Rica 57.30% -0.8%
119th West Bank and Gaza 57.42% -8.5%
120th Namibia 57.78% -2.1%
121st Sri Lanka 58.84% 0.8%
122nd Dominica 59.43% -1.4%
123rd Estonia 59.58% -0.2%
124th Mexico 59.59% -1.6%
125th Austria 59.96% -0.2%
126th Spain 60.13% 0.4%
127th Timor-Leste 60.17% 1.3%
128th Iceland 60.23% -0.4%
129th El Salvador 60.50% 2.1%
130th Vanuatu 61.16% -0.8%
131st Belize 61.49% 0.0%
132nd Denmark 62.05% -0.4%
133rd Canada 62.40% -0.8%
134th Sweden 62.43% 0.5%
135th South Africa 62.53% -0.1%
136th Portugal 62.57% 0.7%
137th Latvia 62.65% -0.3%
138th Singapore 63.07% -2.0%
139th Germany 63.44% -0.1%
140th Kiribati 63.47% 5.7%
141st European Union 63.54% -0.1%
142nd Malta 63.55% 2.0%
143rd New Zealand 63.89% 0.0%
144th Jamaica 64.24% -2.1%
145th Australia 64.32% 0.0%
146th Jordan 64.35% -0.2%
147th Italy 64.68% -0.3%
148th Greece 64.95% 2.1%
149th Micronesia, Federated States of 65.20% 1.7%
150th Belgium 65.24% -0.1%
151st New Caledonia 65.28% -2.6%
152nd Greenland 65.32% 0.2%
153rd Grenada 66.40% 2.7%
154th St. Vincent and the Grenadines 66.56% 0.1%
155th Cyprus 66.82% -0.8%
156th Netherlands 67.26% 0.2%
157th Israel 67.34% 1.2%
158th St. Kitts and Nevis 67.95% 3.1%
159th France 68.34% 0.2%
160th Japan 68.99% 0.4%
161st United Kingdom 69.00% 0.9%
162nd Lebanon 69.07% 15.9%
163rd Switzerland 69.70% 0.4%
164th Cuba 71.45% 1.0%
165th Cabo Verde 71.92% 0.8%
166th Panama 72.54% 0.5%
167th Barbados 72.85% 1.6%
168th Luxembourg 72.90% 0.1%
169th Maldives 73.04% -0.1%
170th Palau 73.62% 1.3%
171st United States 74.16% -0.6%
172nd Turks and Caicos Islands 74.19% -2.1%
173rd Andorra 74.79% -0.2%
174th Antigua and Barbuda 76.07% -0.8%
175th Aruba 76.46% -1.2%
176th Marshall Islands 77.96% 3.3%
177th Curaçao 77.99% 1.6%
178th Bahamas, The 82.33% 1.0%
179th Macao SAR, China 82.61% -2.9%
180th Hong Kong SAR, China 88.35% 0.7%

FAQ

What was Faroe Islands's services value added in 2004?

Faroe Islands's services value added in 2004 was 56.55%. This ranked 113th globally.

How did Faroe Islands's services value added change in 2004?

Faroe Islands's services value added increased by 2.5% in 2004 compared to 2003.

Which country had the highest services value added in 2004?

Hong Kong SAR, China had the highest services value added in 2004 at 88.35%.

What is the services value added of Faroe Islands in 2004?

The services value added of Faroe Islands in 2004 was 56.55%. This ranked 113th globally.

How does 2004 compare to 2003 for Faroe Islands's services value added?

Faroe Islands's services value added went from 55.20% in 2003 to 56.55% in 2004, a 2.5% increase.