Agriculture — Gross Production Value (constant 2014-2016 thousand) in Faroe Islands

Faroe Islands: Agriculture — Gross Production Value (constant 2014-2016 thousand) was 1.47 % change on previous year in 2024. ◆ Volatile

Latest (2024)
1.47 % change on previous year
Change on year
up 188.1%
World rank
94th
of 215 countries
All-time high
744.13 % change on previous year
in 1966
All-time low
-25.74 % change on previous year
in 1978
Years of data
63
1962–2024

Agriculture — Gross Production Value (constant 2014-2016 thousand) in Faroe Islands, 1962–2024

0200400600800196219932024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, agriculture — gross production value (constant 2014-2016 thousand) in Faroe Islands stood at 1.47 % change on previous year.

Compared with earlier readings it is up 188.1% on the previous year and down 98.1% over ten years.

Over the whole period, agriculture — gross production value (constant 2014-2016 thousand) in Faroe Islands peaked at 744.13 % change on previous year in 1966 and was at its lowest, -25.74 % change on previous year, in 1978.

That places Faroe Islands 94th out of 215 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Agriculture — Gross Production Value (constant 2014-2016 thousand) in Faroe Islands, year by year

Annual values for Agriculture — Gross Production Value (constant 2014-2016 thousand I$), annual growth rate in Faroe Islands, 1962 to 2024.
Year % change on previous year Change
1962 -5.06 % change on previous year —
1963 12.35 % change on previous year -344.2%
1964 -17.46 % change on previous year -241.4%
1965 -6.53 % change on previous year -62.6%
1966 744.13 % change on previous year -11500.1%
1967 -3.47 % change on previous year -100.5%
1968 0.3428 % change on previous year -109.9%
1969 -4.58 % change on previous year -1435.4%
1970 -6.77 % change on previous year +47.8%
1971 7.53 % change on previous year -211.2%
1972 3.36 % change on previous year -55.4%
1973 -1.21 % change on previous year -136.0%
1974 3.18 % change on previous year -363.2%
1975 -0.2712 % change on previous year -108.5%
1976 2.75 % change on previous year -1115.3%
1977 -1.42 % change on previous year -151.7%
1978 -25.74 % change on previous year +1709.5%
1979 29.15 % change on previous year -213.2%
1980 0 % change on previous year -100.0%
1981 3.08 % change on previous year —
1982 0.7468 % change on previous year -75.7%
1983 -7.58 % change on previous year -1115.1%
1984 5.25 % change on previous year -169.2%
1985 1.21 % change on previous year -76.9%
1986 1.13 % change on previous year -6.8%
1987 2.17 % change on previous year +91.8%
1988 0.4306 % change on previous year -80.1%
1989 0.066 % change on previous year -84.7%
1990 0.4944 % change on previous year +649.5%
1991 1.48 % change on previous year +198.5%
1992 0.6787 % change on previous year -54.0%
1993 1.48 % change on previous year +117.6%
1994 0.9174 % change on previous year -37.9%
1995 0.2508 % change on previous year -72.7%
1996 -0.8443 % change on previous year -436.7%
1997 0.6307 % change on previous year -174.7%
1998 -0.7208 % change on previous year -214.3%
1999 -0.0316 % change on previous year -95.6%
2000 0.6631 % change on previous year -2200.7%
2001 0.1882 % change on previous year -71.6%
2002 0.0939 % change on previous year -50.1%
2003 -0.0313 % change on previous year -133.3%
2004 -0.3442 % change on previous year +1000.3%
2005 -1.1 % change on previous year +219.3%
2006 -1.3 % change on previous year +18.4%
2007 1.61 % change on previous year -223.6%
2008 -0.1266 % change on previous year -107.9%
2009 0.0317 % change on previous year -125.0%
2010 -0.0951 % change on previous year -399.9%
2011 2.79 % change on previous year -3036.1%
2012 0.3394 % change on previous year -87.8%
2013 3.94 % change on previous year +1059.7%
2014 79.56 % change on previous year +1921.2%
2015 2.01 % change on previous year -97.5%
2016 3.33 % change on previous year +65.5%
2017 -2.05 % change on previous year -161.5%
2018 2.31 % change on previous year -213.0%
2019 0.0936 % change on previous year -96.0%
2020 -1.61 % change on previous year -1815.1%
2021 2.06 % change on previous year -228.3%
2022 3.82 % change on previous year +85.4%
2023 -1.67 % change on previous year -143.9%
2024 1.47 % change on previous year -188.1%

Biggest year-on-year movements

Years where Agriculture — Gross Production Value (constant 2014-2016 thousand) 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.

YearChange FromTo
1966 +11500.1% -6.53 % change on previous year 744.13 % change on previous year
2011 +3036.1% -0.0951 % change on previous year 2.79 % change on previous year
2000 +2200.7% -0.0316 % change on previous year 0.6631 % change on previous year
2014 +1921.2% 3.94 % change on previous year 79.56 % change on previous year
2020 -1815.1% 0.0936 % change on previous year -1.61 % change on previous year
1978 -1709.5% -1.42 % change on previous year -25.74 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1960s 89.97 % change on previous year -17.46 % change on previous year 744.13 % change on previous year 8
1970s 1.06 % change on previous year -25.74 % change on previous year 29.15 % change on previous year 10
1980s 0.6499 % change on previous year -7.58 % change on previous year 5.25 % change on previous year 10
1990s 0.4328 % change on previous year -0.8443 % change on previous year 1.48 % change on previous year 10
2000s -0.0317 % change on previous year -1.3 % change on previous year 1.61 % change on previous year 10
2010s 9.22 % change on previous year -2.05 % change on previous year 79.56 % change on previous year 10
2020s 0.8144 % change on previous year -1.67 % change on previous year 3.82 % change on previous year 5

Countries ranked near Faroe Islands

  1. 91 Liberia 1.56 % change on previous year compare
  2. 92 Nigeria 1.55 % change on previous year compare
  3. 93 Puerto Rico 1.49 % change on previous year compare
  4. 95 Pakistan 1.41 % change on previous year compare
  5. 96 Dominica 1.33 % change on previous year compare
  6. 97 Republic of Korea 1.22 % change on previous year compare

See the full ranking of 245 places →

More agriculture & rural data for Faroe Islands

All data for Faroe Islands →

Frequently asked questions

What is agriculture — gross production value (constant 2014-2016 thousand) in Faroe Islands?
Agriculture — gross production value (constant 2014-2016 thousand) in Faroe Islands was 1.47 % change on previous year in 2024, according to Statizoid (derived).
What is the highest agriculture — gross production value (constant 2014-2016 thousand) recorded in Faroe Islands?
The highest recorded value was 744.13 % change on previous year in 1966.
What is the lowest agriculture — gross production value (constant 2014-2016 thousand) recorded in Faroe Islands?
The lowest recorded value was -25.74 % change on previous year in 1978.
How does Faroe Islands rank for agriculture — gross production value (constant 2014-2016 thousand)?
Faroe Islands ranks 94th out of 215 countries with data for 2024.
Is agriculture — gross production value (constant 2014-2016 thousand) rising or falling in Faroe Islands?
Over the last ten years it is down 98.1%. 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 — Gross Production Value (constant 2014-2016 thousand I$), annual growth rate. Statizoid updates them automatically from the source API.

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Agriculture — Gross Production Value (constant 2014-2016 thousand) in Faroe Islands. Statizoid, drawing on Statizoid (derived). Retrieved 27 September 2026, from https://agriculture.statizoid.com/stat/agriculture-gross-production-value-constant-2014-2016-thousand-i-annual-growth-rate/faroe-islands/

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<a href="https://agriculture.statizoid.com/stat/agriculture-gross-production-value-constant-2014-2016-thousand-i-annual-growth-rate/faroe-islands/">Agriculture — Gross Production Value (constant 2014-2016 thousand) in Faroe Islands</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Agriculture — Gross Production Value (constant 2014-2016 thousand I$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Agriculture — Gross Production Value (constant 2014-2016 thousand I$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
245 places, 13,924 data points, 1962–2024
Last refreshed

The year-on-year percentage change in Agriculture — Gross Production Value (constant 2014-2016 thousand I$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.