Milk, Total — Gross Production Value (constant 2014-2016 thousand I$) in Faroe Islands
Faroe Islands: Milk, Total — Gross Production Value (constant 2014-2016 thousand I$) was 3,014 1000 Int$ in 2024. ▼ Falling
Milk, Total — Gross Production Value in Faroe Islands, 2014–2024
Source: Food and Agriculture Organization of the United Nations. Measured in 1000 Int$.
Analysis
The most recent figure for milk, total — gross production value in Faroe Islands is 3,014 1000 Int$, measured in 2024.
Compared with earlier readings it is up 3.0% on the previous year and down 1.0% over ten years.
Over the whole period, milk, total — gross production value in Faroe Islands peaked at 3,319 1000 Int$ in 2016 and was at its lowest, 2,926 1000 Int$, in 2023.
Faroe Islands ranks 206th of 241 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 11 years of available data.
Milk, Total — Gross Production Value (constant 2014-2016 thousand I$) in Faroe Islands, year by year
| Year | 1000 Int$ | Change |
|---|---|---|
| 2014 | 3,045 1000 Int$ | — |
| 2015 | 3,189 1000 Int$ | +4.7% |
| 2016 | 3,319 1000 Int$ | +4.1% |
| 2017 | 3,155 1000 Int$ | -4.9% |
| 2018 | 3,076 1000 Int$ | -2.5% |
| 2019 | 3,165 1000 Int$ | +2.9% |
| 2020 | 3,144 1000 Int$ | -0.7% |
| 2021 | 3,231 1000 Int$ | +2.8% |
| 2022 | 2,996 1000 Int$ | -7.3% |
| 2023 | 2,926 1000 Int$ | -2.3% |
| 2024 | 3,014 1000 Int$ | +3.0% |
Faroe Islands compared with similar countries
- Faroe Islands's 3,014 1000 Int$ is below the median for high income countries, which is 577,454 1000 Int$, 1% of the median. (56 countries reporting)
- Faroe Islands's 3,014 1000 Int$ is below the median for Europe & Central Asia, which is 896,444 1000 Int$, 0% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3,158 1000 Int$ | 3,045 1000 Int$ | 3,319 1000 Int$ | 6 |
| 2020s | 3,062 1000 Int$ | 2,926 1000 Int$ | 3,231 1000 Int$ | 5 |
Countries ranked near Faroe Islands
More agriculture & rural data for Faroe Islands
- Agricultural area 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)
- 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)
- Rural population, per unit of GDP 0 units per US$ of GDP (2024)
- 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)
- Rural population, per capita 0.6036 units per person (2025)
Frequently asked questions
- What is milk, total — gross production value in Faroe Islands?
- Milk, total — gross production value in Faroe Islands was 3,014 1000 Int$ in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest milk, total — gross production value recorded in Faroe Islands?
- The highest recorded value was 3,319 1000 Int$ in 2016.
- What is the lowest milk, total — gross production value recorded in Faroe Islands?
- The lowest recorded value was 2,926 1000 Int$ in 2023.
- How does Faroe Islands rank for milk, total — gross production value?
- Faroe Islands ranks 206th out of 241 countries with data for 2024.
- Is milk, total — gross production value rising or falling in Faroe Islands?
- Over the last ten years it is down 1.0%. The long-run trend across the full record is falling.
- Where does this Faroe Islands data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Milk, Total — Gross Production Value (constant 2014-2016 thousand I$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The domain provides detailed data on the value of agricultural production that is calculated by the agricultural production data and the price data at farm gate. Thus, the value of production measures the agricultural production in monetary terms at the farm gate level.