Milk, Total — Production, annual growth rate in Faroe Islands
Faroe Islands: Milk, Total — Production, annual growth rate was 3.03 % change on previous year in 2024. ◆ Volatile
Milk, Total — Production, annual growth rate in Faroe Islands, 2015–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, milk, total — production, annual growth rate in Faroe Islands stood at 3.03 % change on previous year.
That represents a change of up 228.3% on the previous year and down 36.1% over ten years.
Over the whole period, milk, total — production, annual growth rate in Faroe Islands peaked at 4.74 % change on previous year in 2015 and was at its lowest, -7.25 % change on previous year, in 2022.
That places Faroe Islands 44th out of 201 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Milk, Total — Production, annual growth rate in Faroe Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2015 | 4.74 % change on previous year | — |
| 2016 | 4.06 % change on previous year | -14.4% |
| 2017 | -4.93 % change on previous year | -221.4% |
| 2018 | -2.51 % change on previous year | -49.1% |
| 2019 | 2.9 % change on previous year | -215.5% |
| 2020 | -0.6574 % change on previous year | -122.7% |
| 2021 | 2.74 % change on previous year | -516.7% |
| 2022 | -7.25 % change on previous year | -364.7% |
| 2023 | -2.36 % change on previous year | -67.4% |
| 2024 | 3.03 % change on previous year | -228.3% |
Faroe Islands compared with similar countries
- Faroe Islands's 3.03 % change on previous year is above the median for high income countries, which is 0.8748 % change on previous year, 3.5× the median. (54 countries reporting)
- Faroe Islands's 3.03 % change on previous year is above the median for Europe & Central Asia, which is 0.7474 % change on previous year, 4.1× the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.8523 % change on previous year | -4.93 % change on previous year | 4.74 % change on previous year | 5 |
| 2020s | -0.9003 % change on previous year | -7.25 % change on previous year | 3.03 % change on previous year | 5 |
Countries ranked near Faroe Islands
- 41 Chile 3.39 % change on previous year compare
- 42 Hungary 3.24 % change on previous year compare
- 43 Pakistan 3.23 % change on previous year compare
- 45 Luxembourg 3.02 % change on previous year compare
- 46 Côte d'Ivoire 2.82 % change on previous year compare
- 47 French Guiana 2.81 % change on previous year
More agriculture & rural data for Faroe Islands
- Cropland extent 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)
- Agricultural area over the long-term, per unit of GDP 0 hectares per US$ of GDP (2024)
- Agricultural area over the long-term, per capita 0 hectares per person (2025)
- Agriculture, forestry, and fishing, value added (current US$), annual -6.99 % change on previous year (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 milk, total — production, annual growth rate in Faroe Islands?
- Milk, total — production, annual growth rate in Faroe Islands was 3.03 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest milk, total — production, annual growth rate recorded in Faroe Islands?
- The highest recorded value was 4.74 % change on previous year in 2015.
- What is the lowest milk, total — production, annual growth rate recorded in Faroe Islands?
- The lowest recorded value was -7.25 % change on previous year in 2022.
- How does Faroe Islands rank for milk, total — production, annual growth rate?
- Faroe Islands ranks 44th out of 201 countries with data for 2024.
- Is milk, total — production, annual growth rate rising or falling in Faroe Islands?
- Over the last ten years it is down 36.1%. 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 Milk, Total — Production, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 10 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Milk, Total — Production. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Milk, Total — Production Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Milk, Total — Production. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.