Manufacturing, value added (current US$), per square kilometre in Faroe Islands
Faroe Islands: Manufacturing, value added (current US$), per square kilometre was 328,089 current US$ per square kilometre in 2023. ▲ Rising
Manufacturing, value added (current US$), per square kilometre in Faroe Islands, 1998–2023
Source: Statizoid (derived). Measured in current US$ per square kilometre.
Analysis
Faroe Islands recorded 328,089 current US$ per square kilometre for manufacturing, value added (current us$), per square kilometre in 2023. That is the highest value across all 26 years on record.
Compared with earlier readings it is up 23.2% on the previous year and up 121.0% over ten years.
Over the whole period, manufacturing, value added (current us$), per square kilometre in Faroe Islands peaked at 328,089 current US$ per square kilometre in 2023 and was at its lowest, 79,930 current US$ per square kilometre, in 1998.
Faroe Islands ranks 44th of 200 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 26 years of available data.
Manufacturing, value added (current US$), per square kilometre in Faroe Islands, year by year
| Year | current US$ per square kilometre | Change |
|---|---|---|
| 1998 | 79,930 current US$ per square kilometre | — |
| 1999 | 87,577 current US$ per square kilometre | +9.6% |
| 2000 | 80,494 current US$ per square kilometre | -8.1% |
| 2001 | 93,582 current US$ per square kilometre | +16.3% |
| 2002 | 102,940 current US$ per square kilometre | +10.0% |
| 2003 | 113,479 current US$ per square kilometre | +10.2% |
| 2004 | 118,718 current US$ per square kilometre | +4.6% |
| 2005 | 115,473 current US$ per square kilometre | -2.7% |
| 2006 | 129,118 current US$ per square kilometre | +11.8% |
| 2007 | 149,841 current US$ per square kilometre | +16.0% |
| 2008 | 158,241 current US$ per square kilometre | +5.6% |
| 2009 | 141,693 current US$ per square kilometre | -10.5% |
| 2010 | 136,934 current US$ per square kilometre | -3.4% |
| 2011 | 143,181 current US$ per square kilometre | +4.6% |
| 2012 | 143,873 current US$ per square kilometre | +0.5% |
| 2013 | 148,424 current US$ per square kilometre | +3.2% |
| 2014 | 189,636 current US$ per square kilometre | +27.8% |
| 2015 | 171,867 current US$ per square kilometre | -9.4% |
| 2016 | 166,832 current US$ per square kilometre | -2.9% |
| 2017 | 197,144 current US$ per square kilometre | +18.2% |
| 2018 | 205,429 current US$ per square kilometre | +4.2% |
| 2019 | 243,638 current US$ per square kilometre | +18.6% |
| 2020 | 259,003 current US$ per square kilometre | +6.3% |
| 2021 | 288,436 current US$ per square kilometre | +11.4% |
| 2022 | 266,310 current US$ per square kilometre | -7.7% |
| 2023 | 328,089 current US$ per square kilometre | +23.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 83,754 current US$ per square kilometre | 79,930 current US$ per square kilometre | 87,577 current US$ per square kilometre | 2 |
| 2000s | 120,358 current US$ per square kilometre | 80,494 current US$ per square kilometre | 158,241 current US$ per square kilometre | 10 |
| 2010s | 174,696 current US$ per square kilometre | 136,934 current US$ per square kilometre | 243,638 current US$ per square kilometre | 10 |
| 2020s | 285,460 current US$ per square kilometre | 259,003 current US$ per square kilometre | 328,089 current US$ per square kilometre | 4 |
Countries ranked near Faroe Islands
- 41 Spain 354,915 current US$ per square kilometre compare
- 42 Palestine, State of 340,349 current US$ per square kilometre compare
- 43 Viet Nam 333,737 current US$ per square kilometre compare
- 45 Dominican Republic 313,065 current US$ per square kilometre compare
- 46 Brunei Darussalam 297,294 current US$ per square kilometre compare
- 47 Türkiye 288,691 current US$ 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 us$), per square kilometre in Faroe Islands?
- Manufacturing, value added (current us$), per square kilometre in Faroe Islands was 328,089 current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest manufacturing, value added (current us$), per square kilometre recorded in Faroe Islands?
- The highest recorded value was 328,089 current US$ per square kilometre in 2023.
- What is the lowest manufacturing, value added (current us$), per square kilometre recorded in Faroe Islands?
- The lowest recorded value was 79,930 current US$ per square kilometre in 1998.
- How does Faroe Islands rank for manufacturing, value added (current us$), per square kilometre?
- Faroe Islands ranks 44th out of 200 countries with data for 2023.
- Is manufacturing, value added (current us$), per square kilometre rising or falling in Faroe Islands?
- Over the last ten years it is up 121.0%. 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 US$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Manufacturing, value added (current US$) 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 US$) ÷ Land area (sq. km)
Computed from
- Manufacturing, value added Country official statistics, National Statistical Offices (NSOs)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Manufacturing, value added (current US$) 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.