Faroe Islands vs Oman: Services, value added
Services, value added over time
- Faroe Islands
- Oman
How they compare
Oman currently reports 19.89 billion current LCU against 15.04 billion current LCU in Faroe Islands, a difference of 4.85 billion current LCU.
That makes Oman's figure about 1.3 times Faroe Islands's.
The two have swapped places 1 time across 27 shared years of data; in 1998 it was Faroe Islands ahead.
Faroe Islands ranks 167th and Oman ranks 165th of 205 countries.
Across the 4 decades both report, Faroe Islands averaged higher in 2 and Oman in 2.
Head to head by decade
| Decade | Faroe Islands | Oman | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.96 billion current LCU | 3.32 billion current LCU | 632.05 million current LCU | Faroe Islands |
| 2000s | 6.07 billion current LCU | 6.00 billion current LCU | 68.47 million current LCU | Faroe Islands |
| 2010s | 9.60 billion current LCU | 14.30 billion current LCU | 4.70 billion current LCU | Oman |
| 2020s | 13.26 billion current LCU | 17.58 billion current LCU | 4.32 billion current LCU | Oman |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added, Faroe Islands or Oman?
- Oman, at 19.89 billion current LCU against 15.04 billion current LCU in Faroe Islands as of 2025.
- What is the difference in services, value added between Faroe Islands and Oman?
- 4.85 billion current LCU, with Oman ahead.
- How many years of comparable data are there for Faroe Islands and Oman?
- 27 years are reported by both, from 1998 to 2024.
- How do Faroe Islands and Oman rank globally for services, value added?
- Faroe Islands ranks 167th and Oman ranks 165th of 205 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Services, value added (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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.