Faroe Islands vs Macao: Manufacturing, value added (current US$)
Manufacturing, value added (current US$) over time
- Faroe Islands
- Macao
How they compare
Faroe Islands currently reports 383.50 million current US$ against 319.90 million current US$ in Macao, a difference of 63.59 million current US$.
That makes Faroe Islands's figure about 1.2 times Macao's.
The two have swapped places 3 times across 27 shared years of data; in 1998 it was Macao ahead.
Faroe Islands ranks 158th and Macao ranks 161st of 205 countries.
Across the 4 decades both report, Faroe Islands averaged higher in 2 and Macao in 2.
Head to head by decade
| Decade | Faroe Islands | Macao | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 116.92 million current US$ | 488.40 million current US$ | 371.48 million current US$ | Macao |
| 2000s | 168.02 million current US$ | 378.49 million current US$ | 210.47 million current US$ | Macao |
| 2010s | 243.88 million current US$ | 236.31 million current US$ | 7.56 million current US$ | Faroe Islands |
| 2020s | 389.36 million current US$ | 273.62 million current US$ | 115.73 million current US$ | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher manufacturing, value added, Faroe Islands or Macao?
- Faroe Islands, at 383.50 million current US$ against 319.90 million current US$ in Macao as of 2024.
- What is the difference in manufacturing, value added between Faroe Islands and Macao?
- 63.59 million current US$, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Macao?
- 27 years are reported by both, from 1998 to 2024.
- How do Faroe Islands and Macao rank globally for manufacturing, value added?
- Faroe Islands ranks 158th and Macao ranks 161st of 205 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Manufacturing, value added (current US$). 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.