Manufacturing, value added (current LCU), per square kilometre in Faroe Islands
Faroe Islands: Manufacturing, value added (current LCU), per square kilometre was 2.26 million current LCU per square kilometre in 2023. ▲ Rising
Manufacturing, value added (current LCU), per square kilometre in Faroe Islands, 1998–2023
Source: Statizoid (derived). Measured in current LCU per square kilometre.
Analysis
The most recent figure for manufacturing, value added (current lcu), per square kilometre in Faroe Islands is 2.26 million current LCU per square kilometre, measured in 2023. That is the highest value across all 26 years on record.
Compared with earlier readings it is up 20.0% on the previous year and up 171.2% over ten years.
Over the whole period, manufacturing, value added (current lcu), per square kilometre in Faroe Islands peaked at 2.26 million current LCU per square kilometre in 2023 and was at its lowest, 535,602 current LCU per square kilometre, in 1998.
That places Faroe Islands 83rd out of 200 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
Manufacturing, value added (current LCU), per square kilometre in Faroe Islands, year by year
| Year | current LCU per square kilometre | Change |
|---|---|---|
| 1998 | 535,602 current LCU per square kilometre | — |
| 1999 | 610,960 current LCU per square kilometre | +14.1% |
| 2000 | 650,645 current LCU per square kilometre | +6.5% |
| 2001 | 778,868 current LCU per square kilometre | +19.7% |
| 2002 | 812,679 current LCU per square kilometre | +4.3% |
| 2003 | 747,564 current LCU per square kilometre | -8.0% |
| 2004 | 711,246 current LCU per square kilometre | -4.9% |
| 2005 | 692,478 current LCU per square kilometre | -2.6% |
| 2006 | 767,837 current LCU per square kilometre | +10.9% |
| 2007 | 815,688 current LCU per square kilometre | +6.2% |
| 2008 | 806,734 current LCU per square kilometre | -1.1% |
| 2009 | 759,599 current LCU per square kilometre | -5.8% |
| 2010 | 770,129 current LCU per square kilometre | +1.4% |
| 2011 | 768,696 current LCU per square kilometre | -0.2% |
| 2012 | 833,381 current LCU per square kilometre | +8.4% |
| 2013 | 833,596 current LCU per square kilometre | +0.0% |
| 2014 | 1.06 million current LCU per square kilometre | +27.7% |
| 2015 | 1.16 million current LCU per square kilometre | +8.6% |
| 2016 | 1.12 million current LCU per square kilometre | -2.9% |
| 2017 | 1.30 million current LCU per square kilometre | +15.9% |
| 2018 | 1.30 million current LCU per square kilometre | -0.3% |
| 2019 | 1.62 million current LCU per square kilometre | +25.3% |
| 2020 | 1.69 million current LCU per square kilometre | +4.3% |
| 2021 | 1.81 million current LCU per square kilometre | +7.0% |
| 2022 | 1.88 million current LCU per square kilometre | +3.9% |
| 2023 | 2.26 million current LCU per square kilometre | +20.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 573,281 current LCU per square kilometre | 535,602 current LCU per square kilometre | 610,960 current LCU per square kilometre | 2 |
| 2000s | 754,334 current LCU per square kilometre | 650,645 current LCU per square kilometre | 815,688 current LCU per square kilometre | 10 |
| 2010s | 1.08 million current LCU per square kilometre | 768,696 current LCU per square kilometre | 1.62 million current LCU per square kilometre | 10 |
| 2020s | 1.91 million current LCU per square kilometre | 1.69 million current LCU per square kilometre | 2.26 million current LCU per square kilometre | 4 |
Countries ranked near Faroe Islands
- 80 Belgium 2.36 million current LCU per square kilometre compare
- 81 Germany 2.29 million current LCU per square kilometre compare
- 82 Ireland 2.27 million current LCU per square kilometre compare
- 84 Sweden 2.02 million current LCU per square kilometre compare
- 85 Poland 1.95 million current LCU per square kilometre compare
- 86 Kenya 1.94 million current LCU per square kilometre compare
More economy & growth data for Faroe Islands
- Industry (including construction), value added (current US$), per 13,574 current US$ per person (2024)
- Services, value added (current LCU), annual growth rate 7.22 % change on previous year (2024)
- Services, value added (current US$), per capita 39,926 current US$ per person (2024)
- Services, value added (current US$), per unit of GDP 0.5383 current US$ per US$ of GDP (2024)
- Services, value added (current US$), annual growth rate 7.14 % change on previous year (2024)
- Industry (including construction), value added (current LCU), per 93,585 current LCU per person (2024)
- Industry (including construction), value added (current LCU), per 1.26 current LCU per US$ of GDP (2024)
- Industry (including construction), value added (current LCU), annual -5.07 % change on previous year (2024)
- Manufacturing, value added (current US$), per capita 7,019 current US$ per person (2024)
- Manufacturing, value added (current LCU), per unit of GDP 0.6524 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is manufacturing, value added (current lcu), per square kilometre in Faroe Islands?
- Manufacturing, value added (current lcu), per square kilometre in Faroe Islands was 2.26 million current LCU per square kilometre in 2023, according to Statizoid (derived).
- What is the highest manufacturing, value added (current lcu), per square kilometre recorded in Faroe Islands?
- The highest recorded value was 2.26 million current LCU per square kilometre in 2023.
- What is the lowest manufacturing, value added (current lcu), per square kilometre recorded in Faroe Islands?
- The lowest recorded value was 535,602 current LCU per square kilometre in 1998.
- How does Faroe Islands rank for manufacturing, value added (current lcu), per square kilometre?
- Faroe Islands ranks 83rd out of 200 countries with data for 2023.
- Is manufacturing, value added (current lcu), per square kilometre rising or falling in Faroe Islands?
- Over the last ten years it is up 171.2%. The long-run trend across the full record is rising.
- Where does this Faroe Islands data come from?
- The figures come from Statizoid (derived), published as part of Manufacturing, value added (current LCU), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Manufacturing, value added (current LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Manufacturing, value added (current LCU) ÷ Land area (sq. km)
Computed from
- Manufacturing, value added Country official statistics, National Statistical Offices (NSOs)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Manufacturing, value added (current LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.