Faroe Islands vs Greenland: Industry (including construction), value added
Industry (including construction), value added over time
- Faroe Islands
- Greenland
How they compare
Greenland currently reports 18.4% against 18.3% in Faroe Islands, a difference of 0.1%.
The two have swapped places 6 times across 21 shared years of data; in 2003 it was Faroe Islands ahead.
Faroe Islands ranks 142nd and Greenland ranks 141st of 209 countries.
Across the 3 decades both report, Faroe Islands averaged higher in 2 and Greenland in 1.
Head to head by decade
| Decade | Faroe Islands | Greenland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 17.3% | 16.6% | 0.7% | Faroe Islands |
| 2010s | 15.9% | 17.6% | 1.7% | Greenland |
| 2020s | 19.5% | 19.4% | 0.1% | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher industry (including construction), value added, Faroe Islands or Greenland?
- Greenland, at 18.4% against 18.3% in Faroe Islands as of 2023.
- What is the difference in industry (including construction), value added between Faroe Islands and Greenland?
- 0.1%, with Greenland ahead.
- How many years of comparable data are there for Faroe Islands and Greenland?
- 21 years are reported by both, from 2003 to 2023.
- How do Faroe Islands and Greenland rank globally for industry (including construction), value added?
- Faroe Islands ranks 142nd and Greenland ranks 141st of 209 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Industry (including construction), value added (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.