Faroe Islands vs Italy: Services, value added (current US$), annual growth rate

Faroe Islands
7.14 % change on previous year
in 2024
Italy
6.79 % change on previous year
in 2025
Faroe Islands rank
124th
Italy rank
127th

Services, value added (current US$), annual growth rate over time

  • Faroe Islands
  • Italy
-20-100102030199120082025

How they compare

Faroe Islands currently reports 7.14 % change on previous year against 6.79 % change on previous year in Italy, a difference of 0.35 % change on previous year.

That makes Faroe Islands's figure about 1.1 times Italy's.

The two have swapped places 6 times across 26 shared years of data; in 1999 it was Faroe Islands ahead.

Faroe Islands ranks 124th and Italy ranks 127th of 204 countries.

Faroe Islands has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Faroe Islands Italy Difference Ahead
1990s 3.47 % change on previous year -0.5996 % change on previous year 4.07 % change on previous year Faroe Islands
2000s 9.52 % change on previous year 6.96 % change on previous year 2.56 % change on previous year Faroe Islands
2010s 2.31 % change on previous year -0.765 % change on previous year 3.08 % change on previous year Faroe Islands
2020s 5.04 % change on previous year 3.13 % change on previous year 1.91 % change on previous year Faroe Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher services, value added (current us$), annual growth rate, Faroe Islands or Italy?
Faroe Islands, at 7.14 % change on previous year against 6.79 % change on previous year in Italy as of 2024.
What is the difference in services, value added (current us$), annual growth rate between Faroe Islands and Italy?
0.35 % change on previous year, with Faroe Islands ahead.
How many years of comparable data are there for Faroe Islands and Italy?
26 years are reported by both, from 1999 to 2024.
How do Faroe Islands and Italy rank globally for services, value added (current us$), annual growth rate?
Faroe Islands ranks 124th and Italy ranks 127th of 204 countries.
Where does this data come from?
Statizoid (derived), published as Services, value added (current US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs Italy: Services, value added (current US$), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 01 September 2026, from https://economy.statizoid.com/compare/services-value-added-current-us-annual-growth-rate/faroe-islands/italy/

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About this data

Indicator
Services, value added (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
252 places, 10,451 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Services, value added (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.