Agriculture, forestry, and fishing, value added (current US$), per in Faroe Islands
Faroe Islands: Agriculture, forestry, and fishing, value added (current US$), per was 0.1607 current US$ per US$ of GDP 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 US$ of GDP.
Analysis
The most recent figure for agriculture, forestry, and fishing, value added (current us$), per in Faroe Islands is 0.1607 current US$ per US$ of GDP, measured in 2024.
Compared with earlier readings it is down 9.5% on the previous year and up 7.2% over ten years.
Over the whole period, agriculture, forestry, and fishing, value added (current us$), per in Faroe Islands peaked at 0.1941 current US$ per US$ of GDP in 2016 and was at its lowest, 0.0952 current US$ per US$ of GDP, in 2008.
Faroe Islands ranks 53rd of 204 countries on this measure, in the middle of the range.
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 US$ of GDP | Change |
|---|---|---|
| 1998 | 0.1794 current US$ per US$ of GDP | — |
| 1999 | 0.1611 current US$ per US$ of GDP | -10.2% |
| 2000 | 0.1798 current US$ per US$ of GDP | +11.6% |
| 2001 | 0.1798 current US$ per US$ of GDP | -0.0% |
| 2002 | 0.1544 current US$ per US$ of GDP | -14.1% |
| 2003 | 0.1201 current US$ per US$ of GDP | -22.3% |
| 2004 | 0.1188 current US$ per US$ of GDP | -1.1% |
| 2005 | 0.1154 current US$ per US$ of GDP | -2.8% |
| 2006 | 0.1378 current US$ per US$ of GDP | +19.4% |
| 2007 | 0.1239 current US$ per US$ of GDP | -10.1% |
| 2008 | 0.0952 current US$ per US$ of GDP | -23.2% |
| 2009 | 0.1 current US$ per US$ of GDP | +5.1% |
| 2010 | 0.1481 current US$ per US$ of GDP | +48.1% |
| 2011 | 0.1443 current US$ per US$ of GDP | -2.6% |
| 2012 | 0.1222 current US$ per US$ of GDP | -15.3% |
| 2013 | 0.148 current US$ per US$ of GDP | +21.1% |
| 2014 | 0.1499 current US$ per US$ of GDP | +1.3% |
| 2015 | 0.1566 current US$ per US$ of GDP | +4.5% |
| 2016 | 0.1941 current US$ per US$ of GDP | +23.9% |
| 2017 | 0.1798 current US$ per US$ of GDP | -7.4% |
| 2018 | 0.1632 current US$ per US$ of GDP | -9.2% |
| 2019 | 0.1705 current US$ per US$ of GDP | +4.5% |
| 2020 | 0.1372 current US$ per US$ of GDP | -19.5% |
| 2021 | 0.1421 current US$ per US$ of GDP | +3.6% |
| 2022 | 0.1874 current US$ per US$ of GDP | +31.8% |
| 2023 | 0.1776 current US$ per US$ of GDP | -5.2% |
| 2024 | 0.1607 current US$ per US$ of GDP | -9.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1703 current US$ per US$ of GDP | 0.1611 current US$ per US$ of GDP | 0.1794 current US$ per US$ of GDP | 2 |
| 2000s | 0.1325 current US$ per US$ of GDP | 0.0952 current US$ per US$ of GDP | 0.1798 current US$ per US$ of GDP | 10 |
| 2010s | 0.1577 current US$ per US$ of GDP | 0.1222 current US$ per US$ of GDP | 0.1941 current US$ per US$ of GDP | 10 |
| 2020s | 0.161 current US$ per US$ of GDP | 0.1372 current US$ per US$ of GDP | 0.1874 current US$ per US$ of GDP | 5 |
Countries ranked near Faroe Islands
- 50 Egypt 0.1655 current US$ per US$ of GDP compare
- 51 India 0.1623 current US$ per US$ of GDP compare
- 52 Cambodia 0.1611 current US$ per US$ of GDP compare
- 54 Tuvalu 0.1594 current US$ per US$ of GDP compare
- 55 Haiti 0.1581 current US$ per US$ of GDP compare
- 56 Albania 0.148 current US$ per US$ of GDP 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$), per in Faroe Islands?
- Agriculture, forestry, and fishing, value added (current us$), per in Faroe Islands was 0.1607 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest agriculture, forestry, and fishing, value added (current us$), per recorded in Faroe Islands?
- The highest recorded value was 0.1941 current US$ per US$ of GDP in 2016.
- What is the lowest agriculture, forestry, and fishing, value added (current us$), per recorded in Faroe Islands?
- The lowest recorded value was 0.0952 current US$ per US$ of GDP in 2008.
- How does Faroe Islands rank for agriculture, forestry, and fishing, value added (current us$), per?
- Faroe Islands ranks 53rd out of 204 countries with data for 2024.
- Is agriculture, forestry, and fishing, value added (current us$), per rising or falling in Faroe Islands?
- Over the last ten years it is up 7.2%. 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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Agriculture, forestry, and fishing, value added (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Agriculture, forestry, and fishing, value added (current US$) ÷ GDP (current US$)
Computed from
- Agriculture, forestry, and fishing, value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Agriculture, forestry, and fishing, value added (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.