Home → Faroe Islands → Services Value Added → 2018

Faroe Islands - Services Value Added 2018

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

Services value added as % of GDP · World Bank

54.58% +0.77% from 2017 Global rank: 91st

Faroe Islands's services value added was 54.58% in 2018, increased +0.77% from 53.82% in 2017. This was the 91st highest globally.

Global Ranking - 2018▾

Services Value Added by Country - 2018
Rank	Country	Value	YoY
1st	Chad	30.79%	-5.1%
2nd	Congo, Republic of	34.71%	-16.7%
3rd	Guinea	35.07%	-7.6%
4th	Azerbaijan	35.28%	-7.4%
5th	Tajikistan	36.75%	-5.5%
6th	Niger	36.76%	-2.8%
7th	Tanzania	37.24%	-1.9%
8th	Brunei Darussalam	37.34%	-8.6%
9th	Mali	37.70%	-2.0%
10th	Uzbekistan	37.81%	-5.6%
11th	Mozambique	39.39%	-2.8%
12th	Mongolia	39.80%	-6.1%
13th	Cambodia	40.22%	-2.9%
14th	Equatorial Guinea	40.48%	-1.0%
15th	Burundi	40.93%	3.4%
16th	Myanmar	40.96%	2.9%
17th	Gabon	41.12%	-3.6%
18th	Lao PDR	41.61%	0.2%
19th	Papua New Guinea	41.65%	0.3%
20th	Yemen, Republic of	41.81%	-3.0%
21st	Viet Nam	42.17%	-1.0%
22nd	Syrian Arab Republic	42.49%	0.8%
23rd	Liberia	42.94%	-3.1%
24th	Central African Republic	43.01%	0.2%
25th	Qatar	43.09%	-8.9%
26th	Uganda	43.34%	-0.3%
27th	Indonesia	43.40%	-0.5%
28th	Mauritania	43.43%	-1.1%
29th	Burkina Faso	43.55%	-0.9%
30th	Ghana	43.68%	0.4%
31st	Sierra Leone	43.92%	-1.9%
32nd	Angola	43.96%	-5.7%
33rd	Turkmenistan	44.05%	5.3%
34th	Iraq	44.19%	-6.0%
35th	Albania	44.40%	-0.4%
36th	Guinea-Bissau	44.95%	-0.3%
37th	Bhutan	45.61%	5.5%
38th	Guyana	45.95%	3.7%
39th	Saudi Arabia	46.02%	-10.5%
40th	Kosovo	46.20%	1.8%
41st	Congo, Democratic Republic of	46.45%	2.8%
42nd	Oman	47.51%	-8.7%
43rd	Belarus	47.81%	0.4%
44th	Solomon Islands	48.15%	-2.4%
45th	India	48.43%	1.6%
46th	Madagascar	48.74%	-4.5%
47th	Benin	48.80%	0.8%
48th	Paraguay	48.88%	1.9%
49th	Puerto Rico (US)	49.09%	1.3%
50th	Algeria	49.43%	-3.5%
51st	Rwanda	49.69%	3.8%
52nd	Kyrgyz Republic	49.77%	-0.3%
53rd	Iran, Islamic Republic of	50.08%	-4.1%
54th	Cameroon	50.45%	0.2%
55th	Togo	50.53%	0.0%
56th	Tonga	50.62%	0.1%
57th	Suriname	50.83%	5.5%
58th	Bangladesh	50.89%	-1.0%
59th	Nicaragua	51.01%	1.5%
60th	Sudan	51.29%	-0.1%
61st	Ukraine	51.33%	0.7%
62nd	Nepal	51.59%	-0.5%
63rd	Egypt, Arab Republic of	51.64%	-2.9%
64th	Kuwait	51.75%	-8.9%
65th	Eswatini	51.89%	2.1%
66th	Nigeria	52.02%	-6.8%
67th	Senegal	52.17%	0.0%
68th	Bolivia, Plurinational State of	52.33%	1.6%
69th	Lesotho	52.43%	-3.8%
70th	Serbia	52.55%	1.0%
71st	Armenia	52.62%	3.6%
72nd	Comoros	52.65%	-2.9%
73rd	Pakistan	52.93%	-0.6%
74th	Malaysia	52.99%	2.1%
75th	Libya	52.99%	-17.3%
76th	Morocco	53.07%	-0.1%
77th	Russian Federation	53.43%	-4.6%
78th	Haiti	53.49%	-0.1%
79th	Malawi	53.51%	0.7%
80th	Peru	53.54%	-0.7%
81st	United Arab Emirates	53.55%	-7.4%
82nd	Sri Lanka	53.64%	2.7%
83rd	Bosnia and Herzegovina	53.73%	-1.3%
84th	Fiji	53.92%	-1.0%
85th	Moldova	53.93%	1.6%
86th	China	54.11%	1.1%
87th	Liechtenstein	54.14%	5.0%
88th	Zambia	54.24%	4.1%
89th	North Macedonia	54.32%	-0.4%
90th	Norway	54.57%	-3.0%
91st	Faroe Islands	54.58%	1.4%
92nd	Türkiye	54.61%	2.0%
93rd	Gambia, The	54.90%	2.8%
94th	Dominica	55.03%	-10.7%
95th	Korea	55.39%	1.5%
96th	Kazakhstan	55.45%	-3.2%
97th	Côte d'Ivoire	55.62%	-0.2%
98th	Zimbabwe	55.98%	1.9%
99th	Kenya	56.02%	0.3%
100th	Hungary	56.07%	0.3%
101st	Ireland	56.24%	1.1%
102nd	San Marino	56.34%	-6.0%
103rd	Argentina	56.37%	-1.7%
104th	Poland	56.43%	0.6%
105th	Slovenia	56.50%	-0.1%
106th	Romania	56.78%	-0.2%
107th	Czechia	57.02%	2.5%
108th	Thailand	57.06%	0.8%
109th	Trinidad and Tobago	57.19%	-3.4%
110th	Bahrain	57.21%	-2.8%
111th	Honduras	57.34%	0.9%
112th	Colombia	57.65%	0.1%
113th	Namibia	57.85%	-1.3%
114th	Chile	58.00%	-0.5%
115th	Georgia	58.35%	0.0%
116th	Botswana	58.44%	2.6%
117th	Ecuador	58.75%	1.2%
118th	Slovak Republic	59.03%	-1.1%
119th	Jamaica	59.13%	-0.8%
120th	Mexico	59.27%	-0.2%
121st	Greenland	59.36%	-2.0%
122nd	Tunisia	59.46%	-1.3%
123rd	Afghanistan	59.48%	2.0%
124th	Croatia	59.51%	-0.3%
125th	Philippines	59.79%	0.2%
126th	Vanuatu	59.79%	-1.7%
127th	Finland	59.91%	0.1%
128th	West Bank and Gaza	59.98%	1.7%
129th	El Salvador	60.11%	0.0%
130th	Jordan	60.48%	0.2%
131st	Bulgaria	60.95%	5.2%
132nd	Dominican Republic	61.07%	-1.7%
133rd	Lithuania	61.18%	1.6%
134th	Montenegro	61.46%	-1.5%
135th	Estonia	61.63%	0.8%
136th	Austria	62.24%	0.6%
137th	Brazil	62.65%	-1.1%
138th	Kiribati	62.68%	1.3%
139th	Germany	62.79%	0.5%
140th	Guatemala	63.06%	0.9%
141st	Latvia	63.26%	-0.3%
142nd	St. Kitts and Nevis	63.35%	2.3%
143rd	St. Vincent and the Grenadines	63.46%	0.0%
144th	Belize	63.80%	2.0%
145th	South Africa	64.25%	-0.1%
146th	Uruguay	64.73%	-1.0%
147th	Sweden	64.90%	-0.1%
148th	Portugal	65.12%	-0.2%
149th	Denmark	65.16%	-0.2%
150th	European Union	65.21%	0.1%
151st	Iceland	65.25%	-0.6%
152nd	New Zealand	65.53%	0.8%
153rd	Panama	65.81%	0.5%
154th	Grenada	66.03%	-1.5%
155th	Italy	66.17%	-0.2%
156th	Australia	66.59%	-0.5%
157th	Micronesia, Federated States of	66.76%	10.0%
158th	Canada	66.87%	-0.4%
159th	Mauritius	67.39%	0.5%
160th	Cabo Verde	67.43%	-3.1%
161st	Antigua and Barbuda	67.90%	-3.4%
162nd	Spain	68.12%	0.2%
163rd	Maldives	68.43%	-1.5%
164th	Timor-Leste	68.53%	-0.7%
165th	Costa Rica	68.67%	0.5%
166th	Singapore	69.36%	-1.5%
167th	Japan	69.40%	-0.2%
168th	Greece	69.52%	-0.6%
169th	Samoa	69.57%	3.8%
170th	Belgium	69.68%	0.4%
171st	Seychelles	69.95%	1.0%
172nd	France	70.14%	-0.4%
173rd	Cuba	70.21%	-0.9%
174th	Israel	70.23%	-0.1%
175th	Netherlands	70.28%	-0.2%
176th	United Kingdom	70.75%	-0.1%
177th	Switzerland	72.06%	0.0%
178th	Marshall Islands	72.50%	0.7%
179th	Cyprus	73.50%	-0.9%
180th	Curaçao	73.52%	1.7%
181st	Barbados	74.12%	0.9%
182nd	Bahamas, The	75.14%	0.2%
183rd	St. Lucia	75.46%	0.8%
184th	Turks and Caicos Islands	75.78%	-0.5%
185th	French Polynesia	76.01%	-0.2%
186th	United States	76.74%	-0.4%
187th	Lebanon	76.99%	2.1%
188th	Malta	77.12%	-0.4%
189th	Djibouti	77.52%	-2.1%
190th	Andorra	77.66%	-0.3%
191st	Palau	78.24%	1.0%
192nd	Luxembourg	79.39%	-0.9%
193rd	Aruba	79.73%	0.9%
194th	São Tomé and Principe	81.98%	1.2%
195th	Cayman Islands	86.12%	-1.1%
196th	Monaco	86.85%	-0.4%
197th	Sint Maarten (Dutch part)	88.25%	0.2%
198th	Hong Kong SAR, China	88.70%	0.1%
199th	Bermuda	89.62%	-0.1%
200th	Channel Islands	91.44%	0.1%
201st	Isle of Man	93.42%	-0.3%
202nd	Macao SAR, China	94.36%	0.9%

FAQ

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

Faroe Islands's services value added in 2018 was 54.58%. This ranked 91st globally.

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

Faroe Islands's services value added increased by 1.4% in 2018 compared to 2017.

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

Macao SAR, China had the highest services value added in 2018 at 94.36%.

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

The services value added of Faroe Islands in 2018 was 54.58%. This ranked 91st globally.

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

Faroe Islands's services value added went from 53.82% in 2017 to 54.58% in 2018, a 1.4% increase.

← 2017

View all years

2019 →