Faroe Islands Manufacturing Output 1998-2025

Faroe Islands manufacturing output for 2022 was 246.41 million US dollars, a 5.65% decline from 2021.
  • Faroe Islands manufacturing output for 2021 was 261.15 million US dollars, a 16.73% increase from 2020.
  • Faroe Islands manufacturing output for 2020 was 223.72 million US dollars, a 2.71% increase from 2019.
  • Faroe Islands manufacturing output for 2019 was 217.81 million US dollars, a 21.62% increase from 2018.
Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.