EconomyThe World Bank — World Development Indicators (CC BY 4.0) · updated 2024-12-31
Faroe Islands's gdp from services stands at 53.83% as of 2024-12-31, up from 51.64% in 2023. Historical data runs from 1998 to 2024 (27 observations).
In 2024, Faroe Islands's gdp from services was 53.83%, up from 51.64% in 2023.
In 2023, Faroe Islands's gdp from services was 51.64%, down from 51.69% in 2022.
In 2022, Faroe Islands's gdp from services was 51.69%, down from 53.91% in 2021.
In 2021, Faroe Islands's gdp from services was 53.91%, up from 53.48% in 2020.
In 2020, Faroe Islands's gdp from services was 53.48%, up from 52.82% in 2019.
| Year | Value | Change |
|---|---|---|
| 2024 | 53.83% | +2.19% |
| 2023 | 51.64% | -0.0546% |
| 2022 | 51.69% | -2.22% |
| 2021 | 53.91% | +0.4344% |
| 2020 | 53.48% | +0.6519% |
| 2019 | 52.82% | -1.76% |
| 2018 | 54.58% | +0.766% |
| 2017 | 53.82% | -0.4113% |
| 2016 | 54.23% | -2.69% |
| 2015 | 56.92% | -1.09% |
| 2014 | 58.01% | -2.23% |
| 2013 | 60.24% | -1.15% |
| 2012 | 61.39% | +2.42% |
| 2011 | 58.97% | +0.7696% |
| 2010 | 58.2% | -2.9% |
| 2009 | 61.1% | +2.02% |
| 2008 | 59.08% | +3.11% |
| 2007 | 55.97% | +0.6826% |
| 2006 | 55.28% | -2.3% |
| 2005 | 57.58% | +1.02% |
| 2004 | 56.55% | +1.36% |
| 2003 | 55.2% | +3.24% |
| 2002 | 51.96% | +1.19% |
| 2001 | 50.77% | -0.0631% |
| 2000 | 50.83% | -1.32% |
| 1999 | 52.15% | +0.7036% |
| 1998 | 51.44% | — |
The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).
Faroe Islands's gdp from services is 53.83% as of 2024-12-31, compared with 51.64% in 2023. The World Bank — World Development Indicators (CC BY 4.0)
The highest recorded value is 61.39% (2012); the lowest is 50.77% (2001), across data from 1998 to 2024.
The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.