Industry share of GDP in Faroe Islands
Industry, including construction, produced 18.3% of GDP in Faroe Islands in 2024.
Faroe Islands, 2024
18.3%
Change from 2023
−1.5percentage points
World, 2024
25.4%
Position in 2024
133rd of 189
Industry share of GDP in Faroe Islands over time
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Faroe Islands
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The chart loads when you scroll to it. The table below shows the same data.
The chart shows a calculation from the published values. The table below keeps the published values.
% of GDP. Source: World Bank, World Development Indicators. Gaps mean no published value; points are not joined across missing years.
| Period | Faroe Islands | World |
|---|---|---|
| 2025 | – | 25.0% |
| 2024 | 18.3% | 25.4% |
| 2023 | 19.8% | 26.2% |
| 2022 | 17.7% | 27.2% |
| 2021 | 19.4% | 27.0% |
| 2020 | 21.0% | 25.9% |
| 2019 | 19.1% | 26.6% |
| 2018 | 17.9% | 27.2% |
| 2017 | 17.3% | 26.7% |
| 2016 | 15.6% | 26.2% |
| 2015 | 16.5% | 26.8% |
| 2014 | 15.7% | 27.7% |
| 2013 | 13.8% | 27.9% |
| 2012 | 14.2% | 28.2% |
| 2011 | 14.3% | 28.2% |
| 2010 | 14.2% | 27.6% |
| 2009 | 16.0% | 26.6% |
| 2008 | 17.3% | 28.2% |
| 2007 | 16.9% | 27.8% |
| 2006 | 16.9% | 27.7% |
| 2005 | 17.2% | 27.2% |
| 2004 | 18.1% | 26.8% |
| 2003 | 18.8% | 26.4% |
| 2002 | 19.4% | 26.4% |
| 2001 | 18.6% | 26.9% |
A dash means no value was published for that period.
In short
- That is a change of −1.5 percentage points from 19.8% in 2023.
- Since 2014, when it was 15.7%, the figure has changed by +2.6 percentage points.
- Among the 189 countries with data for 2024, Faroe Islands has the 133rd highest value.
- The figure for the world in 2024 was 25.4%.