Faroe Islands vs Lebanon: Manufacturing, value added
Manufacturing, value added over time
- Faroe Islands
- Lebanon
How they compare
Faroe Islands currently reports 383.50 million current US$ against 330.05 million current US$ in Lebanon, a difference of 53.44 million current US$.
That makes Faroe Islands's figure about 1.2 times Lebanon's.
The two have swapped places 1 time across 24 shared years of data; in 1998 it was Lebanon ahead.
Faroe Islands ranks 157th and Lebanon ranks 159th of 204 countries.
Lebanon has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Faroe Islands | Lebanon | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 116.92 million current US$ | 2.10 billion current US$ | 1.99 billion current US$ | Lebanon |
| 2000s | 168.02 million current US$ | 1.99 billion current US$ | 1.83 billion current US$ | Lebanon |
| 2010s | 243.88 million current US$ | 3.68 billion current US$ | 3.44 billion current US$ | Lebanon |
| 2020s | 374.48 million current US$ | 631.78 million current US$ | 257.31 million current US$ | Lebanon |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher manufacturing, value added, Faroe Islands or Lebanon?
- Faroe Islands, at 383.50 million current US$ against 330.05 million current US$ in Lebanon as of 2024.
- What is the difference in manufacturing, value added between Faroe Islands and Lebanon?
- 53.44 million current US$, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Lebanon?
- 24 years are reported by both, from 1998 to 2021.
- How do Faroe Islands and Lebanon rank globally for manufacturing, value added?
- Faroe Islands ranks 157th and Lebanon ranks 159th of 204 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Manufacturing, value added (current US$). 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 indicator is expressed in United States dollars.