Agriculture, forestry, and fishing, value added (current US$), per in Faroe Islands
Faroe Islands: Agriculture, forestry, and fishing, value added (current US$), per was 11,918 current US$ per person in 2024. ▲ Rising
Agriculture, forestry, and fishing, value added (current US$), per in Faroe Islands, 1998–2024
Source: Statizoid (derived). Measured in current US$ per person.
Analysis
Faroe Islands recorded 11,918 current US$ per person for agriculture, forestry, and fishing, value added (current us$), per in 2024.
The figure is down 7.4% on the previous year and up 32.1% over ten years.
Over the whole period, agriculture, forestry, and fishing, value added (current us$), per in Faroe Islands peaked at 12,870 current US$ per person in 2023 and was at its lowest, 3,754 current US$ per person, in 2003.
Faroe Islands ranks 1st of 204 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 27 years of available data.
Agriculture, forestry, and fishing, value added (current US$), per in Faroe Islands, year by year
| Year | current US$ per person | Change |
|---|---|---|
| 1998 | 4,437 current US$ per person | — |
| 1999 | 4,025 current US$ per person | -9.3% |
| 2000 | 4,195 current US$ per person | +4.2% |
| 2001 | 4,473 current US$ per person | +6.6% |
| 2002 | 4,160 current US$ per person | -7.0% |
| 2003 | 3,754 current US$ per person | -9.8% |
| 2004 | 4,234 current US$ per person | +12.8% |
| 2005 | 4,201 current US$ per person | -0.8% |
| 2006 | 5,752 current US$ per person | +36.9% |
| 2007 | 5,988 current US$ per person | +4.1% |
| 2008 | 4,881 current US$ per person | -18.5% |
| 2009 | 4,707 current US$ per person | -3.6% |
| 2010 | 7,099 current US$ per person | +50.8% |
| 2011 | 7,446 current US$ per person | +4.9% |
| 2012 | 6,143 current US$ per person | -17.5% |
| 2013 | 8,253 current US$ per person | +34.4% |
| 2014 | 9,022 current US$ per person | +9.3% |
| 2015 | 8,245 current US$ per person | -8.6% |
| 2016 | 11,040 current US$ per person | +33.9% |
| 2017 | 10,677 current US$ per person | -3.3% |
| 2018 | 10,204 current US$ per person | -4.4% |
| 2019 | 10,754 current US$ per person | +5.4% |
| 2020 | 8,539 current US$ per person | -20.6% |
| 2021 | 9,868 current US$ per person | +15.6% |
| 2022 | 12,566 current US$ per person | +27.3% |
| 2023 | 12,870 current US$ per person | +2.4% |
| 2024 | 11,918 current US$ per person | -7.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4,231 current US$ per person | 4,025 current US$ per person | 4,437 current US$ per person | 2 |
| 2000s | 4,635 current US$ per person | 3,754 current US$ per person | 5,988 current US$ per person | 10 |
| 2010s | 8,888 current US$ per person | 6,143 current US$ per person | 11,040 current US$ per person | 10 |
| 2020s | 11,152 current US$ per person | 8,539 current US$ per person | 12,870 current US$ per person | 5 |
Countries ranked near Faroe Islands
More agriculture & rural data for Faroe Islands
- Rural population growth 0.1% (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, 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)
- Agricultural raw materials imports 3.1% (2009)
- Share of GDP from agriculture 16.1% (2024)
- Agricultural raw materials exports 1.7% (2009)
- Rural population, annual growth rate 0.0936 % change on previous year (2025)
Frequently asked questions
- What is agriculture, forestry, and fishing, value added (current us$), per in Faroe Islands?
- Agriculture, forestry, and fishing, value added (current us$), per in Faroe Islands was 11,918 current US$ per person in 2024, according to Statizoid (derived).
- What is the highest agriculture, forestry, and fishing, value added (current us$), per recorded in Faroe Islands?
- The highest recorded value was 12,870 current US$ per person in 2023.
- What is the lowest agriculture, forestry, and fishing, value added (current us$), per recorded in Faroe Islands?
- The lowest recorded value was 3,754 current US$ per person in 2003.
- How does Faroe Islands rank for agriculture, forestry, and fishing, value added (current us$), per?
- Faroe Islands ranks 1st out of 204 countries with data for 2024.
- Is agriculture, forestry, and fishing, value added (current us$), per rising or falling in Faroe Islands?
- Over the last ten years it is up 32.1%. The long-run trend across the full record is rising.
- 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$), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Agriculture, forestry, and fishing, value added (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Agriculture, forestry, and fishing, value added (current US$) ÷ Population, total
Computed from
- Agriculture, forestry, and fishing, value added Country official statistics, National Statistical Offices (NSOs)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Agriculture, forestry, and fishing, value added (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.