Agriculture, forestry, and fishing, value added (current US$), annual in Faroe Islands
Faroe Islands: Agriculture, forestry, and fishing, value added (current US$), annual 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$), annual in Faroe Islands peaked at 50.4 % change on previous year in 2010 and was at its lowest, -19.41 % change on previous year, in 2020.
That places Faroe Islands 193rd out of 204 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Agriculture, forestry, and fishing, value added (current US$), annual 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% |
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, State of -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
- Agricultural raw materials imports 3.1% (2009)
- Agriculture, forestry, and fishing, value added (current US$), per 11,918 current US$ per person (2024)
- Agriculture, forestry, and fishing, value added 651.17 million current US$ (2024)
- 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)
- Rural population, per unit of GDP 0 units per US$ of GDP (2024)
- Rural population, per capita 0.6036 units per person (2025)
- Agriculture as a share of GDP vs. GDP per capita 16.1% (2024)
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$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Agriculture, forestry, and fishing, value added (current US$). 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.