Faroe Islands FO: GDP: % of GDP: Gross Value Added: Industry

Faroe Islands FO: GDP: % of GDP: Gross Value Added: Industry data was reported at 16.644 % in 2017. This records an increase from the previous number of 14.909 % for 2016. Faroe Islands FO: GDP: % of GDP: Gross Value Added: Industry data is updated yearly, averaging 17.203 % from Dec 1998 (Median) to 2017, with 20 observations. The data reached an all-time high of 19.062 % in 2002 and a record low of 14.186 % in 2010. Faroe Islands FO: GDP: % of GDP: Gross Value Added: Industry data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Faroe Islands – Table FO.World Bank.WDI: Gross Domestic Product: Share of GDP. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. 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 or 4.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.

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What was Faroe Islands's Faroe Islands FO: GDP: % of GDP: Gross Value Added: Industry in 2017?

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