Faroe Islands | Services, value added (current US$)

Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges and import duties. 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 industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.
Publisher
The World Bank
Origin
Faroe Islands
Records
63
Source
Faroe Islands | Services, value added (current US$)
year value
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998 568317910.61014
1999 588053163.3086
2000 542400333.33564
2001 589019318.81958
2002 662481250.11242
2003 829018076.64102
2004 975437222.51349
2005 1013238484.4862
2006 1115444363.3174
2007 1309054262.8995
2008 1471029285.0458
2009 1402926056.5502
2010 1357200961.936
2011 1477728736.4269
2012 1490105440.2297
2013 1620440602.3027
2014 1690379649.4483
2015 1465047004.9601
2016 1525598665.8978
2017 1603781857.4373
2018 1740437546.5883
2019 1725450400.9103
2020 1746030969.6259
2021 1990245761.4489
2022 1861082124.8611

Faroe Islands | Services, value added (current US$)

Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges and import duties. 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 industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.
Publisher
The World Bank
Origin
Faroe Islands
Records
63
Source