Eritrea vs Faroe Islands: Industry (including construction), value added
Industry (including construction), value added over time
- Eritrea
- Faroe Islands
How they compare
Eritrea currently reports 6.23 billion current LCU against 5.11 billion current LCU in Faroe Islands, a difference of 1.12 billion current LCU.
That makes Eritrea's figure about 1.2 times Faroe Islands's.
The two have swapped places 1 time across 12 shared years of data; in 1998 it was Faroe Islands ahead.
Globally, Eritrea ranks 166th and Faroe Islands ranks 167th of 208 countries.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.