Faroe Islands Industrial Production Growth Rate (%) 2024: 4.30 %

Faroe Islands's industrial production growth rate (%) in 2024 is 4.30 %, up 26.5% from 2023. It ranks #52 of 145 countries.

Industrial Production Growth Rate measures economic activity. Compare countries, explore rankings, and see interactive maps for trends.

Faroe Islands•35 years of data (1990–2024)••CIA World Factbook•
Historical Trend

Industrial Production Growth Rate (%) over time

Year-by-Year Data
YearValueChange% ChangeActions
20244.3 %+0.9 %+26.47%
20233.4 %0 %0.00%
20223.4 %0 %0.00%
20213.4 %0 %0.00%
20203.4 %0 %0.00%
20193.4 %0 %0.00%
20183.4 %0 %0.00%
20173.4 %0 %0.00%
20163.4 %0 %0.00%
20153.4 %0 %0.00%
20143.4 %0 %0.00%
20133.4 %0 %0.00%
20123.4 %4.6 %-57.50%
20118 %0 %0.00%
20108 %0 %0.00%
20098 %0 %0.00%
20088 %0 %0.00%
20078 %0 %0.00%
20068 %0 %0.00%
20058 %0 %0.00%
20048 %0 %0.00%
20038 %0 %0.00%
20028 %0 %0.00%
20018 %——
2000———
1999———
1998———
1997———
1996———
1995———
1994———
1993———
1992———
1991———
1990———

Frequently Asked Questions About Faroe Islands Industrial Production Growth Rate (%)

What is Faroe Islands's industrial production growth rate (%) in 2024?▾

Faroe Islands's industrial production growth rate (%) is 4.30 % in 2024, according to CIA World Factbook.

Is Faroe Islands's industrial production growth rate (%) increasing or decreasing?▾

Faroe Islands's industrial production growth rate (%) rose by 26.5% from 2023 (3.40 %) to 2024 (4.30 %). Over the past decade (2014–2024) it rose by 26.5%.

How does Faroe Islands rank for industrial production growth rate (%)?▾

In 2024, Faroe Islands has the 52nd highest industrial production growth rate (%) out of 145 countries with data.

What was Faroe Islands's industrial production growth rate (%) in 2001?▾

In 2001, Faroe Islands's industrial production growth rate (%) was 8 %. By 2024 it fell by 46.3%.

Other Facts about Faroe Islands

Explore additional statistical insights

People and Society

Currently married (Percent) in Faroe Islands

The percentage of currently married individuals by country highlights societal trends in family structure and relationships. Understanding these statistics can provide insights into cultural norms and demographic shifts, influencing policies and social programs.

Economy

Gross Domestic Product (GDP) by Country in Current US Dollars in Faroe Islands

Discover the Gross Domestic Product (GDP) by country in current US dollars, a key indicator of economic performance. This statistic reveals the financial health and growth potential of nations, making it essential for investors and policymakers.

People and Society

Life expectancy at birth in Faroe Islands

Life expectancy at birth measures the average years a newborn is expected to live, reflecting a country's health standards and quality of life. This vital statistic highlights disparities in healthcare and living conditions across nations, making it essential for global health assessments.

People and Society

Median age of population in Faroe Islands

The median age of a population is a key demographic indicator, reflecting the age distribution within a country. Understanding median age helps assess economic development, healthcare needs, and social dynamics. Countries with a higher median age may face challenges related to aging populations, while younger populations often indicate growth potential.

Geography

Percentage of land area by degree of urbanization in Faroe Islands

Explore the percentage of land area by degree of urbanization, highlighting how urban development shapes countries' landscapes and influences economic growth. Understanding this statistic reveals the balance between urban and rural spaces, essential for sustainable planning.

People and Society

Population Change in Faroe Islands

This statistic measures population change across countries, highlighting shifts in demographics. Understanding these changes is crucial for planning resources, economic growth, and social services.