Agriculture share gdp in Faroe Islands
Faroe Islands: Agriculture share gdp was 16.07 in 2024. β² Rising
Latest (2024)
16.07
Change on year
down 9.5%
World rank
53rd
of 203 countries
All-time high
19.41
in 2016
All-time low
9.52
in 2008
Years of data
27
1998β2024
Agriculture share gdp in Faroe Islands, 1998β2024
Source: Our World in Data.
Analysis
Faroe Islands recorded 16.07 for agriculture share gdp 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 share gdp in Faroe Islands peaked at 19.41 in 2016 and was at its lowest, 9.52, in 2008.
Faroe Islands ranks 53rd of 203 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 17.03 | 16.11 | 17.94 | 2 |
| 2000s | 13.25 | 9.52 | 17.98 | 10 |
| 2010s | 15.77 | 12.22 | 19.41 | 10 |
| 2020s | 16.1 | 13.72 | 18.74 | 5 |
Countries ranked near Faroe Islands
More agriculture & rural data for Faroe Islands
- Agriculture, forestry, and fishing, value added (current US$), annual -6.99 % change on previous year (2024)
- Value added in the agricultural sector as of gdp vs gdp per capita 16.07 (2024)
- Agricultural raw materials exports 1.7% (2009)
- Agricultural raw materials imports 3.1% (2009)
- Rural population 60.4% (2025)
- Rural population growth 0.1% (2025)
- Rural population 33,136 (2025)
- Agriculture, forestry, and fishing, value added 16.1% (2024)
- Agriculture, forestry, and fishing, value added 651.17 million current US$ (2024)
- Rural population, per unit of GDP 0 units per US$ of GDP (2024)
Frequently asked questions
- What is agriculture share gdp in Faroe Islands?
- Agriculture share gdp in Faroe Islands was 16.07 in 2024, according to Our World in Data.
- What is the highest agriculture share gdp recorded in Faroe Islands?
- The highest recorded value was 19.41 in 2016.
- What is the lowest agriculture share gdp recorded in Faroe Islands?
- The lowest recorded value was 9.52 in 2008.
- How does Faroe Islands rank for agriculture share gdp?
- Faroe Islands ranks 53rd out of 203 countries with data for 2024.
- Is agriculture share gdp 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 Our World in Data, published as part of Agriculture share gdp. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 27 observations, free to reuse under CC BY 4.0 (Our World in Data).