Bhutan vs Faroe Islands: Services, value added
Services, value added over time
- Bhutan
- Faroe Islands
How they compare
Faroe Islands currently reports 53.8% against 53.2% in Bhutan, a difference of 0.6%.
The two have swapped places 2 times across 27 shared years of data; in 1998 it was Faroe Islands ahead.
Bhutan ranks 133rd and Faroe Islands ranks 131st of 206 countries.
Faroe Islands has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Bhutan | Faroe Islands | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 36.9% | 51.8% | 14.9% | Faroe Islands |
| 2000s | 41.1% | 55.4% | 14.3% | Faroe Islands |
| 2010s | 44.1% | 56.9% | 12.8% | Faroe Islands |
| 2020s | 51.1% | 52.9% | 1.8% | Faroe Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added, Bhutan or Faroe Islands?
- Faroe Islands, at 53.8% against 53.2% in Bhutan as of 2024.
- What is the difference in services, value added between Bhutan and Faroe Islands?
- 0.6%, with Faroe Islands ahead.
- How many years of comparable data are there for Bhutan and Faroe Islands?
- 27 years are reported by both, from 1998 to 2024.
- How do Bhutan and Faroe Islands rank globally for services, value added?
- Bhutan ranks 133rd and Faroe Islands ranks 131st of 206 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Services, value added (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.