Manufacturing value added to gdp, per capita in Faroe Islands
Faroe Islands: Manufacturing value added to gdp, per capita was 0.0002 units per person in 2024. ▼ Falling
Manufacturing value added to gdp, per capita in Faroe Islands, 1998–2024
Source: Statizoid (derived). Measured in units per person.
Analysis
The most recent figure for manufacturing value added to gdp, per capita in Faroe Islands is 0.0002 units per person, measured in 2024.
Compared with earlier readings it is down 17.4% on the previous year and down 7.7% over ten years.
Over the whole period, manufacturing value added to gdp, per capita in Faroe Islands peaked at 0.0002 units per person in 2001 and was at its lowest, 0.0002 units per person, in 2013.
Faroe Islands ranks 3rd of 202 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 27 years of available data.
Manufacturing value added to gdp, per capita in Faroe Islands, year by year
| Year | units per person | Change |
|---|---|---|
| 1998 | 0.0002 units per person | — |
| 1999 | 0.0002 units per person | +6.2% |
| 2000 | 0.0002 units per person | -4.2% |
| 2001 | 0.0002 units per person | +4.9% |
| 2002 | 0.0002 units per person | -1.4% |
| 2003 | 0.0002 units per person | -7.8% |
| 2004 | 0.0002 units per person | -9.6% |
| 2005 | 0.0002 units per person | -4.6% |
| 2006 | 0.0002 units per person | -2.4% |
| 2007 | 0.0002 units per person | +0.0% |
| 2008 | 0.0002 units per person | -1.1% |
| 2009 | 0.0002 units per person | -3.4% |
| 2010 | 0.0002 units per person | -4.6% |
| 2011 | 0.0002 units per person | -2.5% |
| 2012 | 0.0002 units per person | +4.3% |
| 2013 | 0.0002 units per person | -6.8% |
| 2014 | 0.0002 units per person | +17.5% |
| 2015 | 0.0002 units per person | +1.6% |
| 2016 | 0.0002 units per person | -12.2% |
| 2017 | 0.0002 units per person | +10.0% |
| 2018 | 0.0002 units per person | -4.2% |
| 2019 | 0.0002 units per person | +14.0% |
| 2020 | 0.0002 units per person | +2.3% |
| 2021 | 0.0002 units per person | -2.6% |
| 2022 | 0.0002 units per person | -6.6% |
| 2023 | 0.0002 units per person | +11.9% |
| 2024 | 0.0002 units per person | -17.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0002 units per person | 0.0002 units per person | 0.0002 units per person | 2 |
| 2000s | 0.0002 units per person | 0.0002 units per person | 0.0002 units per person | 10 |
| 2010s | 0.0002 units per person | 0.0002 units per person | 0.0002 units per person | 10 |
| 2020s | 0.0002 units per person | 0.0002 units per person | 0.0002 units per person | 5 |
Countries ranked near Faroe Islands
- 1 San Marino 0.0009 units per person compare
- 2 Liechtenstein 0.0009 units per person compare
- 4 Tuvalu 0.0001 units per person compare
- 5 Marshall Islands 0.0001 units per person compare
- 6 Saint Kitts and Nevis 0.0001 units per person compare
More economy & growth data for Faroe Islands
- GNI per capita 520,046 current LCU (2024)
- Taxes less subsidies on products 3.30 billion current LCU (2024)
- Taxes less subsidies on products 478.54 million current US$ (2024)
- Net primary income (Net income from abroad) 472.40 million current LCU (2024)
- Net primary income (Net income from abroad) 68.52 million current US$ (2024)
- GNI 28.42 billion current LCU (2024)
- GNI, Atlas method 4.00 billion current US$ (2024)
- GNI 4.12 billion current US$ (2024)
- Trade in services 24.0% (2011)
- GNI per capita, Atlas method 73,120 current US$ (2024)
Frequently asked questions
- What is manufacturing value added to gdp, per capita in Faroe Islands?
- Manufacturing value added to gdp, per capita in Faroe Islands was 0.0002 units per person in 2024, according to Statizoid (derived).
- What is the highest manufacturing value added to gdp, per capita recorded in Faroe Islands?
- The highest recorded value was 0.0002 units per person in 2001.
- What is the lowest manufacturing value added to gdp, per capita recorded in Faroe Islands?
- The lowest recorded value was 0.0002 units per person in 2013.
- How does Faroe Islands rank for manufacturing value added to gdp, per capita?
- Faroe Islands ranks 3rd out of 202 countries with data for 2024.
- Is manufacturing value added to gdp, per capita rising or falling in Faroe Islands?
- Over the last ten years it is down 7.7%. The long-run trend across the full record is falling.
- Where does this Faroe Islands data come from?
- The figures come from Statizoid (derived), published as part of Manufacturing value added to gdp, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Manufacturing value added to gdp divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Manufacturing value added to gdp ÷ Population, total
Computed from
- Manufacturing value added to gdp Our World in Data
- Population, total World Population Prospects, United Nations (UN)
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 to gdp divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.