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Faroe Islands - Services Value Added 2025

Name: Faroe Islands Services Value Added 2025
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Services value added as % of GDP · World Bank

52.44% −1.39% from 2024 Global rank: 122nd

Faroe Islands's services value added was 52.44% in 2025, decreased +1.39% from 53.83% in 2024. This was the 122nd highest globally.

Global Ranking - 2025▾

Services Value Added by Country - 2025
Rank	Country	Value	YoY
1st	Isle of Man	93.89%	-1.3%
2nd	Hong Kong SAR, China	92.56%	0.9%
3rd	Bermuda	92.35%	1.0%
4th	Channel Islands	90.71%	-0.5%
5th	Macao SAR, China	89.75%	-1.2%
6th	Monaco	88.77%	1.8%
7th	Cayman Islands	85.32%	-0.8%
8th	Malta	83.01%	1.5%
9th	Luxembourg	82.36%	1.5%
10th	São Tomé and Principe	81.21%	1.1%
11th	Bahamas, The	78.79%	2.1%
12th	St. Lucia	78.77%	3.8%
13th	Aruba	77.97%	-1.3%
14th	Cyprus	77.32%	1.1%
15th	Andorra	77.00%	-0.8%
16th	Barbados	76.40%	1.2%
17th	Djibouti	76.28%	0.3%
18th	Palau	75.55%	1.0%
19th	Cuba	73.33%	-0.1%
20th	Singapore	73.23%	0.3%
21st	Israel	72.97%	0.6%
22nd	Timor-Leste	72.69%	1.5%
23rd	United Kingdom	72.60%	0.2%
24th	Switzerland	72.35%	0.4%
25th	Maldives	72.14%	0.1%
26th	Turks and Caicos Islands	71.80%	-1.2%
27th	Curaçao	71.68%	-0.9%
28th	France	70.73%	-0.3%
29th	Belgium	70.60%	-0.5%
30th	Samoa	70.52%	1.7%
31st	Netherlands	70.36%	-0.2%
32nd	Japan	70.12%	0.5%
33rd	Cabo Verde	69.98%	1.8%
34th	Micronesia, Federated States of	69.53%	2.4%
35th	Antigua and Barbuda	69.17%	0.2%
36th	New Zealand	69.12%	2.5%
37th	Spain	68.88%	0.0%
38th	Costa Rica	68.48%	-0.4%
39th	Marshall Islands	68.28%	1.9%
40th	Panama	67.77%	-2.3%
41st	St. Vincent and the Grenadines	67.53%	1.7%
42nd	Greece	67.53%	-0.7%
43rd	Portugal	66.67%	0.6%
44th	St. Kitts and Nevis	66.50%	0.6%
45th	Sweden	65.86%	-0.9%
46th	Estonia	65.81%	0.2%
47th	European Union	65.78%	-0.4%
48th	Uruguay	65.60%	0.5%
49th	Kiribati	65.49%	-2.4%
50th	Moldova	65.25%	4.8%
51st	Seychelles	65.08%	-1.0%
52nd	Montenegro	65.04%	2.0%
53rd	Iceland	64.95%	0.1%
54th	Latvia	64.82%	0.3%
55th	Grenada	64.72%	-1.5%
56th	Australia	64.33%	-2.7%
57th	Armenia	64.28%	3.7%
58th	Lithuania	64.13%	0.8%
59th	Italy	63.95%	-1.7%
60th	Ukraine	63.94%	5.5%
61st	Germany	63.84%	-0.3%
62nd	Austria	63.60%	-0.6%
63rd	Georgia	63.40%	2.3%
64th	Bulgaria	63.36%	-0.6%
65th	Philippines	63.36%	0.2%
66th	Tunisia	63.32%	1.1%
67th	Denmark	63.02%	-0.8%
68th	Mauritius	63.00%	-2.1%
69th	Belize	62.66%	0.3%
70th	Romania	62.65%	0.2%
71st	Finland	62.51%	0.5%
72nd	South Africa	62.09%	-1.4%
73rd	Guatemala	61.51%	-0.5%
74th	Ireland	61.48%	1.5%
75th	Greenland	61.44%	0.7%
76th	Vanuatu	61.39%	4.0%
77th	Croatia	60.83%	0.0%
78th	El Salvador	60.70%	-0.6%
79th	Slovak Republic	60.30%	0.6%
80th	Jamaica	60.25%	0.5%
81st	Czechia	60.02%	-0.3%
82nd	Jordan	60.00%	-0.7%
83rd	Liechtenstein	59.94%	4.4%
84th	Hungary	59.83%	0.5%
85th	Serbia	59.54%	1.3%
86th	Dominican Republic	59.50%	-0.5%
87th	Poland	59.38%	0.4%
88th	Botswana	59.29%	-6.6%
89th	Thailand	58.95%	-0.3%
90th	Zambia	58.70%	2.6%
91st	Korea	58.60%	1.9%
92nd	Sri Lanka	58.59%	1.9%
93rd	Brazil	58.27%	-1.5%
94th	Slovenia	58.26%	0.6%
95th	Honduras	57.55%	-1.5%
96th	Russian Federation	57.44%	-0.1%
97th	Mexico	57.38%	-1.2%
98th	Kazakhstan	57.22%	-1.2%
99th	Trinidad and Tobago	57.16%	-3.4%
100th	Gambia, The	57.15%	0.6%
101st	Dominica	56.94%	0.0%
102nd	China	56.86%	0.2%
103rd	Bosnia and Herzegovina	56.85%	0.5%
104th	West Bank and Gaza	56.77%	-3.0%
105th	Chile	56.70%	1.1%
106th	Türkiye	56.48%	-1.8%
107th	North Macedonia	56.45%	0.4%
108th	Ecuador	56.30%	-1.5%
109th	Colombia	56.00%	-3.7%
110th	Kenya	55.96%	1.2%
111th	Fiji	55.76%	2.2%
112th	Nepal	55.62%	0.7%
113th	San Marino	54.81%	-3.7%
114th	Bhutan	53.77%	1.9%
115th	Morocco	53.48%	1.4%
116th	Zimbabwe	53.24%	5.2%
117th	Argentina	53.00%	-1.2%
118th	Nigeria	52.99%	-1.4%
119th	Malaysia	52.87%	-1.6%
120th	Puerto Rico (US)	52.67%	1.7%
121st	Bolivia, Plurinational State of	52.59%	-1.4%
122nd	Faroe Islands	52.44%	-2.6%
123rd	Kyrgyz Republic	52.19%	0.1%
124th	Namibia	52.00%	-4.5%
125th	United Arab Emirates	51.96%	-5.3%
126th	Bangladesh	51.16%	-0.5%
127th	Eswatini	50.73%	-1.2%
128th	India	50.64%	1.5%
129th	Côte d'Ivoire	50.58%	-2.5%
130th	Sudan	50.25%	-8.1%
131st	Cameroon	50.09%	-1.2%
132nd	Peru	50.03%	-2.5%
133rd	Bahrain	49.95%	-6.1%
134th	Comoros	49.90%	-0.3%
135th	Pakistan	49.84%	-1.8%
136th	Tonga	49.41%	-1.2%
137th	Belarus	49.31%	-0.7%
138th	Lebanon	49.31%	16.4%
139th	Albania	49.23%	1.1%
140th	Egypt, Arab Republic of	49.20%	0.5%
141st	Turkmenistan	49.17%	-2.4%
142nd	Equatorial Guinea	49.05%	-4.0%
143rd	Suriname	48.91%	-3.8%
144th	Paraguay	48.65%	-0.2%
145th	Benin	48.60%	-0.6%
146th	Iran, Islamic Republic of	48.41%	-2.8%
147th	Senegal	48.22%	-0.4%
148th	Niger	48.03%	6.7%
149th	Lesotho	48.01%	-0.1%
150th	Togo	47.89%	-2.6%
151st	Kuwait	47.55%	-14.9%
152nd	Solomon Islands	47.10%	0.4%
153rd	Uzbekistan	47.00%	4.0%
154th	Madagascar	46.97%	-1.6%
155th	Rwanda	46.79%	-1.6%
156th	Nicaragua	45.92%	-1.9%
157th	Norway	45.89%	-11.4%
158th	Burkina Faso	45.75%	4.1%
159th	Kosovo	45.32%	-0.8%
160th	Haiti	45.32%	-6.2%
161st	Congo, Democratic Republic of	45.28%	-2.8%
162nd	Syrian Arab Republic	44.78%	-0.4%
163rd	Mauritania	44.66%	5.2%
164th	Lao PDR	44.58%	2.4%
165th	Mongolia	44.03%	-0.7%
166th	Algeria	42.79%	-8.6%
167th	Uganda	42.78%	-0.8%
168th	Indonesia	42.77%	-2.3%
169th	Malawi	42.66%	-3.5%
170th	Central African Republic	42.56%	1.1%
171st	Viet Nam	42.40%	0.1%
172nd	Liberia	41.88%	-0.1%
173rd	Burundi	41.86%	-3.2%
174th	Sierra Leone	41.85%	-1.7%
175th	Saudi Arabia	41.66%	-11.5%
176th	Qatar	41.36%	-10.2%
177th	Mozambique	41.20%	0.2%
178th	Oman	41.00%	-10.9%
179th	Myanmar	40.80%	-1.3%
180th	Ghana	40.25%	-1.7%
181st	Angola	40.09%	-2.3%
182nd	Papua New Guinea	40.02%	-4.8%
183rd	Congo, Republic of	39.44%	-12.4%
184th	Azerbaijan	39.44%	-6.8%
185th	Afghanistan	39.04%	-15.8%
186th	Iraq	38.89%	-15.0%
187th	Guinea-Bissau	36.91%	-2.6%
188th	Guinea	36.86%	1.4%
189th	Brunei Darussalam	36.74%	-5.7%
190th	Mali	36.45%	0.4%
191st	Cambodia	34.52%	-3.0%
192nd	Gabon	33.27%	-9.7%
193rd	Tajikistan	32.55%	-6.2%
194th	Chad	28.74%	-3.5%
195th	Tanzania	27.18%	-8.1%
196th	Guyana	6.15%	-57.4%
197th	Libya	1.42%	-95.0%

FAQ

What was Faroe Islands's services value added in 2025?▾

Faroe Islands's services value added in 2025 was 52.44%. This ranked 122nd globally.

How did Faroe Islands's services value added change in 2025?▾

Faroe Islands's services value added decreased by 2.6% in 2025 compared to 2024.

Which country had the highest services value added in 2025?▾

Isle of Man had the highest services value added in 2025 at 93.89%.

What is the services value added of Faroe Islands in 2025?▾

The services value added of Faroe Islands in 2025 was 52.44%. This ranked 122nd globally.

How does 2025 compare to 2024 for Faroe Islands's services value added?▾

Faroe Islands's services value added went from 53.83% in 2024 to 52.44% in 2025, a 2.6% decrease.

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