Milk, Total — Production, per unit of GDP in Faroe Islands
Faroe Islands: Milk, Total — Production, per unit of GDP was 0 t per US$ of GDP in 2024. ▼ Falling
Milk, Total — Production, per unit of GDP in Faroe Islands, 2014–2024
Source: Statizoid (derived). Measured in t per US$ of GDP.
Analysis
In 2024, milk, total — production, per unit of gdp in Faroe Islands stood at 0 t per US$ of GDP.
Compared with earlier readings it is up 0.2% on the previous year and down 28.8% over ten years.
Over the whole period, milk, total — production, per unit of gdp in Faroe Islands peaked at 0 t per US$ of GDP in 2015 and was at its lowest, 0 t per US$ of GDP, in 2023.
Faroe Islands ranks 127th of 163 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 — Production, per unit of GDP in Faroe Islands, year by year
| Year | t per US$ of GDP | Change |
|---|---|---|
| 2014 | 0 t per US$ of GDP | — |
| 2015 | 0 t per US$ of GDP | +18.6% |
| 2016 | 0 t per US$ of GDP | -4.8% |
| 2017 | 0 t per US$ of GDP | -10.2% |
| 2018 | 0 t per US$ of GDP | -8.9% |
| 2019 | 0 t per US$ of GDP | +0.4% |
| 2020 | 0 t per US$ of GDP | -0.8% |
| 2021 | 0 t per US$ of GDP | -9.1% |
| 2022 | 0 t per US$ of GDP | -5.1% |
| 2023 | 0 t per US$ of GDP | -10.5% |
| 2024 | 0 t per US$ of GDP | +0.2% |
Faroe Islands compared with similar countries
- Faroe Islands's 0 t per US$ of GDP is below the median for high income countries, which is 0 t per US$ of GDP, 35% of the median. (54 countries reporting)
- Faroe Islands's 0 t per US$ of GDP is below the median for Europe & Central Asia, which is 0 t per US$ of GDP, 16% of the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0 t per US$ of GDP | 0 t per US$ of GDP | 0 t per US$ of GDP | 6 |
| 2020s | 0 t per US$ of GDP | 0 t per US$ of GDP | 0 t per US$ of GDP | 5 |
Countries ranked near Faroe Islands
More agriculture & rural data for Faroe Islands
- Agricultural raw materials imports 3.1% (2009)
- Agriculture, forestry, and fishing, value added 651.17 million current US$ (2024)
- 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)
- Agriculture as a share of GDP vs. GDP per capita 16.1% (2024)
- Agriculture, forestry, and fishing, value added (current US$), per 11,918 current US$ per person (2024)
- Agriculture, forestry, and fishing, value added (current US$), per 0.1607 current US$ per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current US$), annual -6.99 % change on previous year (2024)
Frequently asked questions
- What is milk, total — production, per unit of gdp in Faroe Islands?
- Milk, total — production, per unit of gdp in Faroe Islands was 0 t per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest milk, total — production, per unit of gdp recorded in Faroe Islands?
- The highest recorded value was 0 t per US$ of GDP in 2015.
- What is the lowest milk, total — production, per unit of gdp recorded in Faroe Islands?
- The lowest recorded value was 0 t per US$ of GDP in 2023.
- How does Faroe Islands rank for milk, total — production, per unit of gdp?
- Faroe Islands ranks 127th out of 163 countries with data for 2024.
- Is milk, total — production, per unit of gdp rising or falling in Faroe Islands?
- Over the last ten years it is down 28.8%. The long-run trend across the full record is falling.
- Where does this Faroe Islands data come from?
- The figures come from Statizoid (derived), published as part of Milk, Total — Production, per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Milk, Total — Production divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Milk, Total — Production ÷ GDP (current US$)
Computed from
- Milk, Total — Production 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
Milk, Total — 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.