Capture fishery production, per unit of GDP in Faroe Islands
Faroe Islands: Capture fishery production, per unit of GDP was 0.0002 metric tons per US$ of GDP in 2024. ◆ Volatile
Latest (2024)
0.0002 metric tons per US$ of GDP
Change on year
down 16.8%
World rank
6th
of 210 countries
All-time high
0.0026 metric tons per US$ of GDP
in 1967
All-time low
0.0001 metric tons per US$ of GDP
in 2011
Years of data
60
1965–2024
Capture fishery production, per unit of GDP in Faroe Islands, 1965–2024
Source: Statizoid (derived). Measured in metric tons per US$ of GDP.
Analysis
The most recent figure for capture fishery production, per unit of gdp in Faroe Islands is 0.0002 metric tons per US$ of GDP, measured in 2024.
That represents a change of down 16.8% on the previous year and down 10.2% over ten years.
Over the whole period, capture fishery production, per unit of gdp in Faroe Islands peaked at 0.0026 metric tons per US$ of GDP in 1967 and was at its lowest, 0.0001 metric tons per US$ of GDP, in 2011.
That places Faroe Islands 6th out of 210 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Capture fishery production, per unit of GDP in Faroe Islands, year by year
| Year | metric tons per US$ of GDP | Change |
|---|---|---|
| 1965 | 0.0025 metric tons per US$ of GDP | — |
| 1966 | 0.0026 metric tons per US$ of GDP | +3.1% |
| 1967 | 0.0026 metric tons per US$ of GDP | +1.6% |
| 1968 | 0.0026 metric tons per US$ of GDP | -2.7% |
| 1969 | 0.0025 metric tons per US$ of GDP | -1.6% |
| 1970 | 0.0025 metric tons per US$ of GDP | -3.3% |
| 1971 | 0.0021 metric tons per US$ of GDP | -14.3% |
| 1972 | 0.0017 metric tons per US$ of GDP | -16.7% |
| 1973 | 0.0015 metric tons per US$ of GDP | -12.3% |
| 1974 | 0.0013 metric tons per US$ of GDP | -18.1% |
| 1975 | 0.0013 metric tons per US$ of GDP | +0.3% |
| 1976 | 0.0013 metric tons per US$ of GDP | +0.5% |
| 1977 | 0.0009 metric tons per US$ of GDP | -29.3% |
| 1978 | 0.0008 metric tons per US$ of GDP | -10.7% |
| 1979 | 0.0006 metric tons per US$ of GDP | -25.1% |
| 1980 | 0.0006 metric tons per US$ of GDP | -5.8% |
| 1981 | 0.0005 metric tons per US$ of GDP | -4.2% |
| 1982 | 0.0006 metric tons per US$ of GDP | +5.6% |
| 1983 | 0.0007 metric tons per US$ of GDP | +19.5% |
| 1984 | 0.0008 metric tons per US$ of GDP | +20.1% |
| 1985 | 0.0008 metric tons per US$ of GDP | -0.3% |
| 1986 | 0.0005 metric tons per US$ of GDP | -37.5% |
| 1987 | 0.0004 metric tons per US$ of GDP | -14.2% |
| 1988 | 0.0004 metric tons per US$ of GDP | -14.4% |
| 1989 | 0.0003 metric tons per US$ of GDP | -6.9% |
| 1990 | 0.0003 metric tons per US$ of GDP | -18.2% |
| 1991 | 0.0003 metric tons per US$ of GDP | -11.6% |
| 1992 | 0.0003 metric tons per US$ of GDP | +8.7% |
| 1993 | 0.0003 metric tons per US$ of GDP | +18.7% |
| 1994 | 0.0003 metric tons per US$ of GDP | -3.2% |
| 1995 | 0.0003 metric tons per US$ of GDP | +1.5% |
| 1996 | 0.0003 metric tons per US$ of GDP | -3.2% |
| 1997 | 0.0004 metric tons per US$ of GDP | +14.5% |
| 1998 | 0.0003 metric tons per US$ of GDP | -6.6% |
| 1999 | 0.0003 metric tons per US$ of GDP | -3.9% |
| 2000 | 0.0004 metric tons per US$ of GDP | +34.0% |
| 2001 | 0.0004 metric tons per US$ of GDP | +4.5% |
| 2002 | 0.0004 metric tons per US$ of GDP | -7.2% |
| 2003 | 0.0004 metric tons per US$ of GDP | +0.1% |
| 2004 | 0.0003 metric tons per US$ of GDP | -15.9% |
| 2005 | 0.0003 metric tons per US$ of GDP | -7.7% |
| 2006 | 0.0003 metric tons per US$ of GDP | -3.7% |
| 2007 | 0.0003 metric tons per US$ of GDP | -14.3% |
| 2008 | 0.0002 metric tons per US$ of GDP | -21.6% |
| 2009 | 0.0002 metric tons per US$ of GDP | -26.5% |
| 2010 | 0.0002 metric tons per US$ of GDP | +10.7% |
| 2011 | 0.0001 metric tons per US$ of GDP | -16.2% |
| 2012 | 0.0001 metric tons per US$ of GDP | +4.8% |
| 2013 | 0.0002 metric tons per US$ of GDP | +22.1% |
| 2014 | 0.0002 metric tons per US$ of GDP | +2.6% |
| 2015 | 0.0002 metric tons per US$ of GDP | +22.2% |
| 2016 | 0.0002 metric tons per US$ of GDP | -11.2% |
| 2017 | 0.0002 metric tons per US$ of GDP | +16.8% |
| 2018 | 0.0002 metric tons per US$ of GDP | -12.2% |
| 2019 | 0.0002 metric tons per US$ of GDP | -3.4% |
| 2020 | 0.0002 metric tons per US$ of GDP | -0.5% |
| 2021 | 0.0001 metric tons per US$ of GDP | -26.3% |
| 2022 | 0.0002 metric tons per US$ of GDP | +14.4% |
| 2023 | 0.0002 metric tons per US$ of GDP | +19.8% |
| 2024 | 0.0002 metric tons per US$ of GDP | -16.8% |
Faroe Islands compared with similar countries
- Faroe Islands's 0.0002 metric tons per US$ of GDP is above the median for high income countries, which is 0 metric tons per US$ of GDP, 732.3× the median. (82 countries reporting)
- Faroe Islands's 0.0002 metric tons per US$ of GDP is above the median for Europe & Central Asia, which is 0 metric tons per US$ of GDP, 1082.5× the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0026 metric tons per US$ of GDP | 0.0025 metric tons per US$ of GDP | 0.0026 metric tons per US$ of GDP | 5 |
| 1970s | 0.0014 metric tons per US$ of GDP | 0.0006 metric tons per US$ of GDP | 0.0025 metric tons per US$ of GDP | 10 |
| 1980s | 0.0006 metric tons per US$ of GDP | 0.0003 metric tons per US$ of GDP | 0.0008 metric tons per US$ of GDP | 10 |
| 1990s | 0.0003 metric tons per US$ of GDP | 0.0003 metric tons per US$ of GDP | 0.0004 metric tons per US$ of GDP | 10 |
| 2000s | 0.0003 metric tons per US$ of GDP | 0.0002 metric tons per US$ of GDP | 0.0004 metric tons per US$ of GDP | 10 |
| 2010s | 0.0002 metric tons per US$ of GDP | 0.0001 metric tons per US$ of GDP | 0.0002 metric tons per US$ of GDP | 10 |
| 2020s | 0.0002 metric tons per US$ of GDP | 0.0001 metric tons per US$ of GDP | 0.0002 metric tons per US$ of GDP | 5 |
Countries ranked near Faroe Islands
- 3 Nauru 0.0005 metric tons per US$ of GDP compare
- 4 Micronesia (country) 0.0004 metric tons per US$ of GDP compare
- 5 Marshall Islands 0.0003 metric tons per US$ of GDP compare
- 7 Greenland 0.0001 metric tons per US$ of GDP compare
- 8 Belize 0.0001 metric tons per US$ of GDP compare
- 9 Seychelles 0.0001 metric tons per US$ of GDP compare
More agriculture & rural data for Faroe Islands
- Agricultural area over the long-term, per capita 0 hectares per person (2025)
- Agricultural area over the long-term, per unit of GDP 0 hectares per US$ of GDP (2024)
- Cropland extent over the long-term, per capita 0 hectares per person (2025)
- Cropland extent over the long-term, per unit of GDP 0 hectares per US$ of GDP (2024)
- Rural population, per unit of GDP 0 units per US$ of GDP (2024)
- Rural population 33,136 (2025)
- Rural population growth 0.1% (2025)
- Rural population 60.4% (2025)
- Agricultural raw materials imports 2.3% (2025)
- Agricultural raw materials exports 2.4% (2025)
Frequently asked questions
- What is capture fishery production, per unit of gdp in Faroe Islands?
- Capture fishery production, per unit of gdp in Faroe Islands was 0.0002 metric tons per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest capture fishery production, per unit of gdp recorded in Faroe Islands?
- The highest recorded value was 0.0026 metric tons per US$ of GDP in 1967.
- What is the lowest capture fishery production, per unit of gdp recorded in Faroe Islands?
- The lowest recorded value was 0.0001 metric tons per US$ of GDP in 2011.
- How does Faroe Islands rank for capture fishery production, per unit of gdp?
- Faroe Islands ranks 6th out of 210 countries with data for 2024.
- Is capture fishery production, per unit of gdp rising or falling in Faroe Islands?
- Over the last ten years it is down 10.2%. 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 Capture fishery production, 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
Capture fishery production divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Capture fishery production ÷ GDP (current US$)
Computed from
- Capture fishery production Our World in Data
- 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
Capture fishery production divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.