Agriculture — Gross Production Value (constant 2014-2016 thousand) in Faroe Islands
Faroe Islands: Agriculture — Gross Production Value (constant 2014-2016 thousand) was 0 1000 Int$ per US$ of GDP in 2024. ◆ Volatile
Agriculture — Gross Production Value (constant 2014-2016 thousand) in Faroe Islands, 1965–2024
Source: Statizoid (derived). Measured in 1000 Int$ per US$ of GDP.
Analysis
In 2024, agriculture — gross production value (constant 2014-2016 thousand) in Faroe Islands stood at 0 1000 Int$ per US$ of GDP.
Compared with earlier readings it is down 1.3% on the previous year and down 20.9% over ten years.
Over the whole period, agriculture — gross production value (constant 2014-2016 thousand) in Faroe Islands peaked at 0 1000 Int$ per US$ of GDP in 1966 and was at its lowest, 0 1000 Int$ per US$ of GDP, in 2013.
That places Faroe Islands 168th out of 171 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 — Gross Production Value (constant 2014-2016 thousand) in Faroe Islands, year by year
| Year | 1000 Int$ per US$ of GDP | Change |
|---|---|---|
| 1965 | 0 1000 Int$ per US$ of GDP | — |
| 1966 | 0 1000 Int$ per US$ of GDP | +659.7% |
| 1967 | 0 1000 Int$ per US$ of GDP | -6.1% |
| 1968 | 0 1000 Int$ per US$ of GDP | +1.9% |
| 1969 | 0 1000 Int$ per US$ of GDP | -11.3% |
| 1970 | 0 1000 Int$ per US$ of GDP | -23.0% |
| 1971 | 0 1000 Int$ per US$ of GDP | -8.0% |
| 1972 | 0 1000 Int$ per US$ of GDP | -14.1% |
| 1973 | 0 1000 Int$ per US$ of GDP | -26.9% |
| 1974 | 0 1000 Int$ per US$ of GDP | -15.5% |
| 1975 | 0 1000 Int$ per US$ of GDP | -13.7% |
| 1976 | 0 1000 Int$ per US$ of GDP | -13.6% |
| 1977 | 0 1000 Int$ per US$ of GDP | -23.3% |
| 1978 | 0 1000 Int$ per US$ of GDP | -35.1% |
| 1979 | 0 1000 Int$ per US$ of GDP | +14.5% |
| 1980 | 0 1000 Int$ per US$ of GDP | -9.0% |
| 1981 | 0 1000 Int$ per US$ of GDP | +11.4% |
| 1982 | 0 1000 Int$ per US$ of GDP | +3.5% |
| 1983 | 0 1000 Int$ per US$ of GDP | -15.7% |
| 1984 | 0 1000 Int$ per US$ of GDP | +20.2% |
| 1985 | 0 1000 Int$ per US$ of GDP | -6.1% |
| 1986 | 0 1000 Int$ per US$ of GDP | -32.6% |
| 1987 | 0 1000 Int$ per US$ of GDP | -20.6% |
| 1988 | 0 1000 Int$ per US$ of GDP | -8.1% |
| 1989 | 0 1000 Int$ per US$ of GDP | +11.2% |
| 1990 | 0 1000 Int$ per US$ of GDP | -8.8% |
| 1991 | 0 1000 Int$ per US$ of GDP | +7.2% |
| 1992 | 0 1000 Int$ per US$ of GDP | +0.3% |
| 1993 | 0 1000 Int$ per US$ of GDP | +21.7% |
| 1994 | 0 1000 Int$ per US$ of GDP | +1.2% |
| 1995 | 0 1000 Int$ per US$ of GDP | -15.6% |
| 1996 | 0 1000 Int$ per US$ of GDP | -9.7% |
| 1997 | 0 1000 Int$ per US$ of GDP | +6.6% |
| 1998 | 0 1000 Int$ per US$ of GDP | -16.1% |
| 1999 | 0 1000 Int$ per US$ of GDP | -2.1% |
| 2000 | 0 1000 Int$ per US$ of GDP | +6.4% |
| 2001 | 0 1000 Int$ per US$ of GDP | -7.9% |
| 2002 | 0 1000 Int$ per US$ of GDP | -8.9% |
| 2003 | 0 1000 Int$ per US$ of GDP | -15.1% |
| 2004 | 0 1000 Int$ per US$ of GDP | -13.2% |
| 2005 | 0 1000 Int$ per US$ of GDP | -3.1% |
| 2006 | 0 1000 Int$ per US$ of GDP | -13.9% |
| 2007 | 0 1000 Int$ per US$ of GDP | -12.4% |
| 2008 | 0 1000 Int$ per US$ of GDP | -6.2% |
| 2009 | 0 1000 Int$ per US$ of GDP | +8.5% |
| 2010 | 0 1000 Int$ per US$ of GDP | -1.6% |
| 2011 | 0 1000 Int$ per US$ of GDP | -4.3% |
| 2012 | 0 1000 Int$ per US$ of GDP | +3.6% |
| 2013 | 0 1000 Int$ per US$ of GDP | -6.2% |
| 2014 | 0 1000 Int$ per US$ of GDP | +65.8% |
| 2015 | 0 1000 Int$ per US$ of GDP | +15.5% |
| 2016 | 0 1000 Int$ per US$ of GDP | -5.5% |
| 2017 | 0 1000 Int$ per US$ of GDP | -7.5% |
| 2018 | 0 1000 Int$ per US$ of GDP | -4.4% |
| 2019 | 0 1000 Int$ per US$ of GDP | -2.3% |
| 2020 | 0 1000 Int$ per US$ of GDP | -1.8% |
| 2021 | 0 1000 Int$ per US$ of GDP | -9.7% |
| 2022 | 0 1000 Int$ per US$ of GDP | +6.2% |
| 2023 | 0 1000 Int$ per US$ of GDP | -9.9% |
| 2024 | 0 1000 Int$ per US$ of GDP | -1.3% |
Faroe Islands compared with similar countries
- Faroe Islands's 0 1000 Int$ per US$ of GDP is below the median for high income countries, which is 0 1000 Int$ per US$ of GDP, 13% of the median. (57 countries reporting)
- Faroe Islands's 0 1000 Int$ per US$ of GDP is below the median for Europe & Central Asia, which is 0 1000 Int$ per US$ of GDP, 6% of the median. (44 countries reporting)
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.
| Year | Change | From | To |
|---|---|---|---|
| 1966 | +659.7% | 0 1000 Int$ per US$ of GDP | 0 1000 Int$ per US$ of GDP |
| 2014 | +65.8% | 0 1000 Int$ per US$ of GDP | 0 1000 Int$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0 1000 Int$ per US$ of GDP | 0 1000 Int$ per US$ of GDP | 0 1000 Int$ per US$ of GDP | 5 |
| 1970s | 0 1000 Int$ per US$ of GDP | 0 1000 Int$ per US$ of GDP | 0 1000 Int$ per US$ of GDP | 10 |
| 1980s | 0 1000 Int$ per US$ of GDP | 0 1000 Int$ per US$ of GDP | 0 1000 Int$ per US$ of GDP | 10 |
| 1990s | 0 1000 Int$ per US$ of GDP | 0 1000 Int$ per US$ of GDP | 0 1000 Int$ per US$ of GDP | 10 |
| 2000s | 0 1000 Int$ per US$ of GDP | 0 1000 Int$ per US$ of GDP | 0 1000 Int$ per US$ of GDP | 10 |
| 2010s | 0 1000 Int$ per US$ of GDP | 0 1000 Int$ per US$ of GDP | 0 1000 Int$ per US$ of GDP | 10 |
| 2020s | 0 1000 Int$ per US$ of GDP | 0 1000 Int$ per US$ of GDP | 0 1000 Int$ per US$ of GDP | 5 |
Countries ranked near Faroe Islands
- 165 Saint Kitts and Nevis 0 1000 Int$ per US$ of GDP compare
- 166 Puerto Rico 0 1000 Int$ per US$ of GDP compare
- 167 United Arab Emirates 0 1000 Int$ per US$ of GDP compare
- 169 Maldives 0 1000 Int$ per US$ of GDP compare
- 170 Qatar 0 1000 Int$ per US$ of GDP compare
- 171 Singapore 0 1000 Int$ per US$ of GDP compare
More agriculture & rural data for Faroe Islands
- Agricultural raw materials exports 1.7% (2009)
- 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 3.1% (2009)
- Agriculture, forestry, and fishing, value added (current US$), per 0.1607 current US$ per US$ of GDP (2024)
- Rural population, annual growth rate 0.0936 % change on previous year (2025)
- 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)
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 0 1000 Int$ per US$ of GDP 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 0 1000 Int$ per US$ of GDP in 1966.
- What is the lowest agriculture — gross production value (constant 2014-2016 thousand) recorded in Faroe Islands?
- The lowest recorded value was 0 1000 Int$ per US$ of GDP in 2013.
- How does Faroe Islands rank for agriculture — gross production value (constant 2014-2016 thousand)?
- Faroe Islands ranks 168th out of 171 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 20.9%. 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 — Gross Production Value (constant 2014-2016 thousand I$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 60 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Agriculture — Gross Production Value (constant 2014-2016 thousand I$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Agriculture — Gross Production Value (constant 2014-2016 thousand I$) ÷ GDP (current US$)
Computed from
- Agriculture — Gross Production Value Food and Agriculture Organization of the United Nations
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Agriculture — Gross Production Value (constant 2014-2016 thousand I$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.