Faroe Islands vs Turkmenistan: Manufacturing, value added

Faroe Islands
2.64 billion current LCU
in 2024
Turkmenistan
3.02 billion current LCU
in 2004
Faroe Islands rank
156th
Turkmenistan rank
155th

Manufacturing, value added over time

  • Faroe Islands
  • Turkmenistan
01.0B2.0B3.0B199320082024

How they compare

Turkmenistan currently reports 3.02 billion current LCU against 2.64 billion current LCU in Faroe Islands, a difference of 376.20 million current LCU.

That makes Turkmenistan's figure about 1.1 times Faroe Islands's.

The two have swapped places 1 time across 7 shared years of data; in 1998 it was Faroe Islands ahead.

Globally, Faroe Islands ranks 156th and Turkmenistan ranks 155th of 204 countries.

Individual pages

About this data

Indicator
Manufacturing, value added (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
204 places, 8,253 data points, 1960–2025
Last refreshed

Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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.