Faroe Islands vs Lebanon: Manufacturing, value added
Manufacturing, value added over time
- Faroe Islands
- Lebanon
How they compare
Faroe Islands currently reports 383.50 million current US$ against 330.05 million current US$ in Lebanon, a difference of 53.44 million current US$.
That makes Faroe Islands's figure about 1.2 times Lebanon's.
The two have swapped places 1 time across 24 shared years of data; in 1998 it was Lebanon ahead.
Globally, Faroe Islands ranks 157th and Lebanon ranks 159th of 204 countries.
Individual pages
About this data
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 indicator is expressed in United States dollars.