Agriculture, forestry, and fishing … current US rate annual growth in Faroe Islands
Faroe Islands: Agriculture, forestry, and fishing … current US rate annual growth was -6.99 % change on previous year in 2024. ◆ Volatile
Agriculture, forestry, and fishing, value added (current US$), annual in Faroe Islands, 1999–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, agriculture, forestry, and fishing, value added (current us$), annual in Faroe Islands stood at -6.99 % change on previous year.
Compared with earlier readings it is down 307.9% on the previous year and down 171.9% over ten years.
Over the whole period, agriculture, forestry, and fishing, value added (current us$), annual in Faroe Islands peaked at 50.4 % change on previous year in 2010 and was at its lowest, -19.41 % change on previous year, in 2020.
That places Faroe Islands 193rd out of 204 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Agriculture, forestry, and fishing … current US rate annual growth in Faroe Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1999 | -8.34 % change on previous year | — |
| 2000 | 5.62 % change on previous year | -167.4% |
| 2001 | 8.7 % change on previous year | +54.8% |
| 2002 | -5.61 % change on previous year | -164.5% |
| 2003 | -8.43 % change on previous year | +50.2% |
| 2004 | 13.61 % change on previous year | -261.6% |
| 2005 | -0.8464 % change on previous year | -106.2% |
| 2006 | 36.85 % change on previous year | -4454.1% |
| 2007 | 4.21 % change on previous year | -88.6% |
| 2008 | -18.2 % change on previous year | -532.7% |
| 2009 | -3.08 % change on previous year | -83.1% |
| 2010 | 50.4 % change on previous year | -1735.1% |
| 2011 | 4.64 % change on previous year | -90.8% |
| 2012 | -17.93 % change on previous year | -486.2% |
| 2013 | 34.23 % change on previous year | -290.9% |
| 2014 | 9.72 % change on previous year | -71.6% |
| 2015 | -7.71 % change on previous year | -179.4% |
| 2016 | 35.44 % change on previous year | -559.4% |
| 2017 | -1.88 % change on previous year | -105.3% |
| 2018 | -2.87 % change on previous year | +52.5% |
| 2019 | 7.03 % change on previous year | -344.6% |
| 2020 | -19.41 % change on previous year | -376.1% |
| 2021 | 17.16 % change on previous year | -188.4% |
| 2022 | 28.8 % change on previous year | +67.8% |
| 2023 | 3.36 % change on previous year | -88.3% |
| 2024 | -6.99 % change on previous year | -307.9% |
Faroe Islands compared with similar countries
- Faroe Islands's -6.99 % change on previous year is below the median for high income countries, which is 7.02 % change on previous year. (74 countries reporting)
- Faroe Islands's -6.99 % change on previous year is below the median for Europe & Central Asia, which is 10.48 % change on previous year. (55 countries reporting)
Biggest year-on-year movements
Years where Agriculture, forestry, and fishing … current US rate annual growth in Faroe Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +4454.1% | -0.8464 % change on previous year | 36.85 % change on previous year |
| 2010 | +1735.1% | -3.08 % change on previous year | 50.4 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -8.34 % change on previous year | -8.34 % change on previous year | -8.34 % change on previous year | 1 |
| 2000s | 3.28 % change on previous year | -18.2 % change on previous year | 36.85 % change on previous year | 10 |
| 2010s | 11.11 % change on previous year | -17.93 % change on previous year | 50.4 % change on previous year | 10 |
| 2020s | 4.58 % change on previous year | -19.41 % change on previous year | 28.8 % change on previous year | 5 |
Countries ranked near Faroe Islands
- 190 Palestine -2.7 % change on previous year compare
- 191 India -2.83 % change on previous year compare
- 192 Trinidad and Tobago -4.75 % change on previous year compare
- 194 Iraq -8.53 % change on previous year compare
- 195 French Polynesia -8.86 % change on previous year compare
- 196 New Zealand -10.07 % change on previous year compare
More agriculture & rural data for Faroe Islands
- Cropland extent over the long-term, per unit of GDP 0 hectares per US$ of GDP (2024)
- Cropland extent over the long-term, per capita 0 hectares per person (2025)
- Agricultural area over the long-term, per unit of GDP 0 hectares per US$ of GDP (2024)
- Agricultural area over the long-term, per capita 0 hectares per person (2025)
- Agricultural raw materials exports 2.4% (2025)
- Agriculture, forestry, and fishing, value added 16.1% (2024)
- Rural population 33,136 (2025)
- Rural population growth 0.1% (2025)
- Rural population 60.4% (2025)
- Agricultural raw materials imports 2.3% (2025)
Frequently asked questions
- What is agriculture, forestry, and fishing, value added (current us$), annual in Faroe Islands?
- Agriculture, forestry, and fishing, value added (current us$), annual in Faroe Islands was -6.99 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest agriculture, forestry, and fishing, value added (current us$), annual recorded in Faroe Islands?
- The highest recorded value was 50.4 % change on previous year in 2010.
- What is the lowest agriculture, forestry, and fishing, value added (current us$), annual recorded in Faroe Islands?
- The lowest recorded value was -19.41 % change on previous year in 2020.
- How does Faroe Islands rank for agriculture, forestry, and fishing, value added (current us$), annual?
- Faroe Islands ranks 193rd out of 204 countries with data for 2024.
- Is agriculture, forestry, and fishing, value added (current us$), annual rising or falling in Faroe Islands?
- Over the last ten years it is down 171.9%. The long-run trend across the full record is volatile.
- Where does this Faroe Islands data come from?
- The figures come from Statizoid (derived), published as part of Agriculture, forestry, and fishing, value added (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Agriculture, forestry, and fishing, value added (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Agriculture, forestry, and fishing, value added Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Agriculture, forestry, and fishing, value added (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.