Faroe Islands vs Libya: Manufacturing, value added
Manufacturing, value added over time
- Faroe Islands
- Libya
How they compare
Faroe Islands currently reports 2.64 billion current LCU against 2.63 billion current LCU in Libya, a difference of 16.70 million current LCU.
The two have swapped places 1 time across 16 shared years of data; in 2002 it was Faroe Islands ahead.
Faroe Islands ranks 156th and Libya ranks 157th of 204 countries.
Libya has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Faroe Islands | Libya | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.07 billion current LCU | 3.09 billion current LCU | 2.02 billion current LCU | Libya |
| 2010s | 1.37 billion current LCU | 2.85 billion current LCU | 1.48 billion current LCU | Libya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher manufacturing, value added, Faroe Islands or Libya?
- Faroe Islands, at 2.64 billion current LCU against 2.63 billion current LCU in Libya as of 2024.
- What is the difference in manufacturing, value added between Faroe Islands and Libya?
- 16.70 million current LCU, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Libya?
- 16 years are reported by both, from 2002 to 2017.
- How do Faroe Islands and Libya rank globally for manufacturing, value added?
- Faroe Islands ranks 156th and Libya ranks 157th of 204 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Manufacturing, value added (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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 series is expressed in local currency units.