Barbados vs Faroe Islands: Industry (including construction), value added
Industry (including construction), value added over time
- Barbados
- Faroe Islands
How they compare
Barbados currently reports 927.46 million current US$ against 741.68 million current US$ in Faroe Islands, a difference of 185.78 million current US$.
That makes Barbados's figure about 1.3 times Faroe Islands's.
Across all 27 years both countries report, Barbados has been ahead every year.
Barbados ranks 161st and Faroe Islands ranks 164th of 206 countries.
Barbados has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Barbados | Faroe Islands | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 445.63 million current US$ | 197.60 million current US$ | 248.03 million current US$ | Barbados |
| 2000s | 574.50 million current US$ | 308.61 million current US$ | 265.89 million current US$ | Barbados |
| 2010s | 772.87 million current US$ | 443.67 million current US$ | 329.20 million current US$ | Barbados |
| 2020s | 831.44 million current US$ | 713.71 million current US$ | 117.72 million current US$ | Barbados |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher industry (including construction), value added, Barbados or Faroe Islands?
- Barbados, at 927.46 million current US$ against 741.68 million current US$ in Faroe Islands as of 2024.
- What is the difference in industry (including construction), value added between Barbados and Faroe Islands?
- 185.78 million current US$, with Barbados ahead.
- How many years of comparable data are there for Barbados and Faroe Islands?
- 27 years are reported by both, from 1998 to 2024.
- How do Barbados and Faroe Islands rank globally for industry (including construction), value added?
- Barbados ranks 161st and Faroe Islands ranks 164th of 206 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Industry (including construction), value added (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.